TPH Bausysteme, sealing, joints, Injection, technology, Concrete, restoration, protection, tunnelling, mining, Abdichtung, Verfuellung, Verfestigen, Sanierung, Tunnelbau, Bergbau

Challenging Conditions in Q1 2016 - K+S’s two-pillar Strategy pays off

  • Solid Salt earnings despite mild winter weather
  • Decline in earnings in the Potash and Magnesium Products business unit
  • Revenues of €1.1 billion (Q1/15: €1.4 billion)
  • Operating earnings (EBIT I) of €218 million (Q1/15: €317 million)
  • ‘Fit for the Future’ and ‘Salt 2020’ make important contributions
  • Legacy Project still on schedule and within budget
  • Outlook for 2016 unchanged
  • Attractive medium-term goal confirmed

BE Group Q1 2016 – strong Cash Flow

  • Net sales fell by 11 percent, amounting to SEK 978 M (1,104).
  • The underlying operating result amounted to SEK 9 M (12).
  • Operating result, affected by non-recurring costs of SEK -45 M (0), amounted to SEK -45 M (10).
  • The result after tax was SEK -53 M (0).
  • Cash flow from operating activities was SEK 51 M (-54).
  • Earnings per average number of shares amounted to SEK -0.20 (0.00).
  • Decision to close the unprofitable parts of the operations in the Czech Republic and Slovakia.

Datwyler with further consolidated Foundations for future Growth

The Datwyler Group had to contend with significant negative currency effects in 2015 following conversion of revenue and profit into Swiss francs. Net revenue amounted to CHF 1’165.2 million, which equates to organic growth of 1.8% (adjusted for currency effects). In spite of the challenging climate, the EBIT margin of 10.8% was almost as high as the previous year. The operating result (EBIT) was down slightly at CHF 126.1 million. At the previous year’s exchange rates this represents a slight increase. The net result decreased to CHF 82.2 million. Given the solid profitability and the promising prospects for the future, an unchanged cash dividend of CHF 2.20 per bearer share will be proposed to the General Meeting of Shareholders. Thanks to the new shared infrastructure platform in the Technical Components division and the strong market positions of the Sealing Solutions division, Datwyler is feeling confident about 2016.


QRC: Resources Sector doing its best to keep its Head above Water

A report commissioned by the Queensland Resources Council has found that a third of the state’s coal mines are operating at a loss. The study, by industry intelligence experts Wood Mackenzie, was commissioned as a part of the QRC’s State of the Sector report, which is a quarterly economic snapshot of the sector. QRC Chief Executive Michael Roche said the data backs up what industry leaders have been telling him over the past few months.


Addendum Announcement from Saudi Arabian Mining Company related to the Prices of Energy Products and Electricity Tarrifs

Further to the company announcement on Tadawul website on 18/03/1437H (corresponding to 29/12/2015G) the Saudi Arabian Mining Company (Maaden) announces that the expected financial impact as a result of the amendment of the energy prices and electricity tariffs would be a decrease in the company consolidated net income of around 120 million Saudi riyals, the company expects the results of these amendment to show in 2016 financial results.


Endomines brings forward Start of Selective Mining

Production guidance and Selective Mining

The previously announced start of Selective Mining in early 2016 has, for practical reasons, been brought forward. This will slightly decrease the 2015 annual production from the previously announced production guidance of 550-600 kg of gold. The co-operation negotiations have been concluded and about 50 % of the Pampalo mine operational personnel have been temporarily laid off from latest today’s date. Endomines will, as normal, release its quarterly production update early January 2016.


Building Momentum in Copper

BHP Billiton President Copper, Daniel Malchuk, announced plans to lower copper unit costs to US$1.08 per pound in the 2017 financial year, supporting strong cash margins even at today’s prices. Over this period, the release of latent capacity across the portfolio will also help annual Group copper production grow to approximately 1.7 Mt at very low cost. This strong recovery will be supported by our differentiated water and power solutions in Chile which will provide us with a significant competitive advantage.

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