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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
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Sika with strong Sales Growth in first Quarter – Slower in March due to Covid-19

  • Sales increase of 15.4% in local currencies to CHF 1,813.6 million (+10.3% in CHF)
  • Negative currency effect of –5.1%
  • Acquisition of Adeplast (Romania) concluded, new production facility in Sarnen (Switzerland) comes on stream
  • Outlook for 2020: forecast for 2020 not yet possible due to ongoing developments related to Covid-19
  • Confirmation of 2023 strategic targets for sustainable, profitable growth
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Thyssenkrupp announces fundamental strategic Realignment

Disclosure of an inside information according to Article 17 MAR:

  • Thyssenkrupp and Tata Steel expect European Commission to block planned steel joint venture
  • Executive Board proposes fundamental strategic realignment to Supervisory Board with IPO of elevator business instead of separation
  • antitrust proceedings expected to end
  • earnings forecast adjusted
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Bauer AG on Track after the first Half of the Year 2018

  • Total Group revenues are 12.2% less than the previous year with EUR 792.3 million; sales revenues decreased by 13.6% to EUR 717.1 million
  • EBIT amounts to EUR 34.1 million (previous year: EUR 38.6 million); Earnings after tax improve to EUR 1.6 million (previous year: EUR 0.1 million)
  • Order backlog with EUR 1,000.3 million at high level (previous year: EUR 1,044.7 million)
  • Full-year forecast confirmed
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Significant approval from Shareholders at AGM of SMT Scharf AG

SMT Scharf AG, one of the worldwide leading providers of underground transportation solutions and logistics systems, has today successfully held its Ordinary Annual General Meeting (AGM) 2018 at the Werkstatthalle in the Maximilianpark Hamm. The presence of the represented share capital amounted to approx. 43%. All agenda items were approved. 

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