Menu

JD Neuhaus

Sika defies Coronavirus Crisis with Growth in local Currencies

  • Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF)
  • High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT)
  • Maintained high EBITDA margin of over 16% (currency adjusted absolute EBITDA was flat)
  • Operating profit (EBIT) at CHF 410.2 million (–14.8%)
  • Increased operating free cash flow amounting to CHF 254.7 million (+41.7%)
  • Closing of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), and buildup of a new factory in Barranquilla (Colombia)
  • Outlook for the second half of the year: Sika is expecting more favorable market conditions. With the anticipated improvement in sales volumes, the company expects an over-proportional EBIT increase for the second half of the year
  • Confirmation of 2023 strategic targets for sustainable, profitable growth
Read more...

Celebrating International Women in Engineering Day 2020

International Women in Engineering day is celebrated each year to recognize the valuable contribution of women in the engineering field and to encourage more young women to consider careers in engineering. Despite some progress in recent years, women still make up only a fraction of the engineers around the globe. For instance, women make up just 12% of engineers in the UK and 13% in the United States.

Read more...

Mining Industry remains hopeful post Brexit, says GlobalData

After the UK left the European Union on 31 January, GlobalData asked the readers of Mining Technology to vote on what they expected Brexit’s effect on the UK mining industry to be. According to the 2,094 respondents, 29% saw the move as strongly positive, 28% strongly negative, 16% slightly negative, 10% slightly positive and 17% neutral.
GlobalData’s Mining Technology writer Yoana Cholteeva comments: “Brexit has already had a significant effect on the UK mineral industry. Market conditions and the ongoing uncertainty surrounding Brexit saw UK-based operator Sirius Minerals cancel a US$500m bond sale to finance its polyhalite Woodsmith project in North Yorkshire in September 2019, a mining project which would have become the biggest in the UK.

Read more...

Solmax's new Website - ready for 2020

Starting the new decade, geosynthetics leader Solmax is launching a refreshed 2020 website. The redesign adds efficiency and advanced functionality to the site to meet the information and specification needs of all Solmax customers, from engineers to installers and business development specialists.

Read more...

Natural Disaster Losses 2019 – Tropical Cyclones causing Billions in Losses dominate Nat Cat Picture of 2019

  • Severe typhoons in Japan cause the year’s biggest losses
  • Hurricane Dorian, the strongest hurricane of the year, devastates the Bahamas – US mainland largely spared
  • Natural catastrophes cause overall losses of US$ 150bn, with insured losses of about US$ 52bn – In line with long-term average
  • Humanitarian tragedy caused by cyclones in Mozambique – Over 1,000 deaths – Better protection is urgently needed
Read more...

TLT-Turbo On-site Test Lab advances Ventilation Product Quality

Global ventilation fans and systems manufacturer, TLT-Turbo GmbH, has spent the past five years investing in and equipping its on-site test lab. The test lab now provides streamlined processes for research, advancing product quality and expanded capabilities for material testing. With a focus on particle impact wear testing, the test lab is driving innovation forward at TLT-Turbo as the results help improve product reliability, quality and performance in their final operating environment.

Read more...

Anglo American details Tailings Storage Facilities

Anglo American plc (“Anglo American”) has published on its website the details of its 91 managed tailings storage facilities (TSFs) and an additional 62 TSFs at non-managed joint venture operations in which it has an interest, as requested by the Church of England Pensions Board and the Swedish Council on Ethics for the AP Funds, representing 96 institutional investors.

Read more...
Subscribe to this RSS feed

Our Web Adresses

Idea and Programming

Akzeptieren/Accept

Diese Website verwendet nur technisch notwendige Cookies. Sie werden nicht getrackt und Ihre Daten werden nicht weitergeleitet an Dritte. Durch die Nutzung dieser Webseite erklären Sie sich damit einverstanden, dass Cookies gesetzt werden. Mehr erfahren

This website uses only technically necessary cookies. You are not tracked and your data are not passed on to third parties. By using this website, you consent to the use of cookies.