Sto AG, Stühlingen. Interim Report from Management pursuant to section 37x German Securities Trading Act. At a glance:
|
|
- Nelson Owen
- 6 years ago
- Views:
Transcription
1 Sto AG, Stühlingen Interim Report from Management pursuant to section 37x German Securities Trading Act At a glance: Sto consolidated sales slipped 3.4% in 9M 2009 to EUR million Downturn in business outside Germany, while business inside picked up slightly Earnings down on the year but better than expected End of September: Sto payroll 4,236 as against 4,199 one year earlier Outlook for business 2009 unchanged: Lower consolidated sales and earnings expected Sector trends In 2009, the effects of the worldwide financial and economic crisis continued impacting the international construction sector through to the fall. Sharp drops in demand were experienced by countries that included the USA, where commercial construction was particularly hard hit, Great Britain, Spain, as well as North and Eastern Europe. Following a weak Q1 the rest of the year saw the building industry in China gain somewhat in momentum. As expected, the trend in sales in France, Austria, and Switzerland was stable to positive, shored up in particular by renovation business. Though the main construction industry in Germany posted a fall in overall cumulated sales of 7.3 % to EUR 49.4 billion, there has been a marked slowing down in the decline since 1
2 April. In Q1, for example, the shortfall in comparison with sales in the same period one year prior was still 12.9 %. There was a similar trend with regard to orders received: Following a sharp fall at the beginning of the year, as of Q2 the situation has gradually improved. August was the first month this year in which more orders were placed than in the corresponding month one year prior. The first eight months overall witnessed a fall of 9.6 % in orders received. The building construction segment was particularly hard hit by this trend, posting a cumulated drop in orders of 16.5 %. Sto performing well in a difficult environment Tough economic conditions also impacted on Sto AG s business: Consolidated sales slipped in 9M 2009 on the year by 3.4 % to EUR million. Exchange-rate differences cut balance EUR 5.2 million off the books. In 9M 2009 exchange-rate related losses were recorded primarily as regards Polish zloty, Swedish krona and pound sterling, a trend only partly offset by the revaluation above all of the Swiss franc, the US dollar, and the Chinese Renminbi. The consolidated sales as at the end of September were still below the prior year, whereby the decrease on the previous year period has gradually eased in the course of This could indicate that demand for Sto products has at least bottomed out. The only modest decline in sales is the product mainly of the steady performance of our core German market, which based mainly on the ongoing strong business with our façade systems: In the first three quarters of 2009 we saw domestic sales rise 2.6 % to EUR million. By contrast, sales outside Germany decreased during the same period by 8.3 % to EUR million. Sto saw tangible losses above all in the United States, Great Britain, Spain and North/East Europe. These losses were in part offset by positive business in Switzerland, France, Italy, Austria and in our Asian markets. The share of sales outside Germany in total consolidated sales fell as at Sept. 30 from 54.7 % to 51.9 %. 2
3 Earnings down on the year, but better than expected Dwindling business outside Germany and ongoing pressure on prices strained earnings during the period under review. However, we limited the negative impact by swiftly introducing cost-cutting measures and process optimization plans. Moreover, all the staff demonstrated superb cost discipline. As a result, operating EBIT and net earnings as at Sept. 30, 2009 were down on the year, but both figures were nevertheless better than budgeted. This favorably influenced cash flow from operating activities, which was likewise better than we had scheduled. Investments throttled back From January through September 2009 Sto Group invested EUR 11.3 million (9M 2008 EUR 13.0 million) in tangible and intangible assets. Investments in financial assets were not undertaken in the current year, as against EUR 0.1 million in The lower investing activities are the product of the tough market conditions which have prompted us to concentrate on projects of a high strategic significance. In the current year, these primarily included building of the insulating materials plant in Lauingen and commissioning of our third production plant in China. These two projects were likewise the two main investment focuses in 9M Otherwise, we more or less only invested in the necessary purchases of replacements. Sound assets position The Sto Group s assets position remained strong as at the end of September The changes in individual balance-sheet items compared with year-end 2008 and/or June 30, 2009 were not out of the ordinary and mainly reflected the typical course of business in the third quarter. Payroll grows As at Sept. 30, 2009 the Sto Group payroll came to 4,236 staff members. Compared with one year earlier this amounted to a modest increase by 37 persons or 0.9 %. The payroll 3
4 inside Germany came to 2,364 employees, 28 persons or 1.2 % more than one year before. The hirings were selective and focused primarily on the new insulating materials plant in Lauingen. Outside Germany, we primarily adjusted staffing levels in America and North Europe to the very difficult conditions there. By contrast, in the other countries in which we are active we in part opted for new hirings. On balance, as at the end of September the payroll outside Germany ran at 1,872 staff, 9 persons or 0.5 % more than one year earlier. Outlook for business 2009 remains unchanged Despite the emerging stabilization in the economies in various countries, demand for construction services in Q4 will no doubt remain very difficult in key selling markets. They include above all the United States, Great Britain, Spain and North and East Europe. Moreover, there are risks in the coming months as regards exchange rates of currencies of importance to Sto, as the foreign exchange markets are currently very volatile. In addition, the course of business in the last quarter traditionally depends critically on the weather. All in all, we expect that business 2009 will see consolidated sales dwindle. As a result of the lower business volume, despite the counter-measures initiated earnings will also decline, and probably further than sales. Stühlingen, November 2009 The Management Board 4
5 Key Financials (in EUR million) Sto Group (IFRS) 9/08 9/09 Change Sales % - of which inside Germany % - of which outside Germany % Investments (excl. financial investments) % Payroll as at Sept. 30 4,199 4, % - of which inside Germany 2,336 2, % - of which outside Germany 1,863 1, % 5
Sto SE & Co. KGaA, Stühlingen/Germany
Sto SE & Co. KGaA, Stühlingen/Germany Consolidated interim report from the Management Board within the first half of 2018 At a glance: Extremely different weather conditions compared to the previous year
More informationConsolidated interim management report on the first three months of 2012 in accordance with Section 37x of the German Securities Trading Act (WpHG)
Sto AG, Stühlingen Consolidated interim management report on the first three months of 2012 in accordance with Section 37x of the German Securities Trading Act (WpHG) At a glance: Sto consolidated turnover
More informationInterim financial report in accordance with Section 37w of the German Securities Trading Act (WpHG)
Sto SE & Co. KGaA, Stühlingen/Germany Interim financial report in accordance with Section 37w of the German Securities Trading Act (WpHG) For the period from 1 January to 30 June 2018 Overview of the first
More information1 World Economy. Value of Finnish Forest Industry Exports Fell by Almost a Quarter in 2009
1 World Economy The recovery in the world economy that began during 2009 has started to slow since spring 2010 as stocks are replenished and government stimulus packages are gradually brought to an end.
More informationInterim financial report in accordance with Section 37w of the German Securities Trading Act (WpHG)
Sto SE & Co. KGaA, Stühlingen Interim financial report in accordance with Section 37w of the German Securities Trading Act (WpHG) For the period from 1 January to 30 June 2017 Overview of the first half
More informationBusiness performance compared with the first nine months of the prior year was mainly influenced by the following factors:
Despite the weak economic environment Aurubis AG breaks even in the first nine months of fiscal year 2008/09 and records a significantly higher net cash flow than in the prior year Hamburg, 12 August 2009
More informationQuarterly Report to 30 June Q1 31. März Q3 30. September
Quarterly Report to 30 June 2011 Q1 31. März Q3 30. September 02 BMW Group in figures 02 BMW Group in figures 05 Interim Group Management Report 05 The BMW Group an Overview 07 Automobiles 11 Motorcycles
More informationManpower Employment Outlook Survey
Manpower Employment Outlook Survey Global 4 215 Global Employment Outlook Nearly 59, employers across 42 countries and territories have been interviewed to measure anticipated labor market activity between
More informationTHE SWISS AND WORLD WATCHMAKING INDUSTRIES IN % +9.1% -4.4% Hong Kong USA China Japan United Kingdom
THE SWISS AND WORLD WATCHMAKING INDUSTRIES IN 2018 SWISS WATCH EXPORTS 21.2 billion francs +6.3% The outturn for watch industry exports in 2018 was in line with forecasts. The steady pace of growth early
More informationInvestor Relations News May 8, Strong earnings growth in first quarter. Henkel reconfirms 2013 guidance
Investor Relations News May 8, 2013 Henkel reconfirms 2013 guidance Strong earnings growth in first quarter Sales rise 0.6% to 4,033 million euros (organic: +2.5%) Adjusted operating profit: +8.9% to 600
More informationQuarterly Report to 30 June June 2013
Quarterly Report to 30 June 2013 Q2 30 June 2013 2 BMW Group in figures 2 BMW Group in figures 5 Interim Group Management Report 5 The BMW Group an Overview 7 General Economic Environment 8 Automotive
More informationQUARTERLY REPORT. 30 September 2017
QUARTERLY REPORT 2017 CONTENTS 1 Page 4 BMW GROUP IN FIGURES 2 INTERIM GROUP MANAGEMENT REPORT Page 11 Page 11 Page 13 Page 18 Page 19 Page 21 Page 31 Page 31 Page 38 Page 39 Report on Economic Position
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity in Quarter 1 218. All participants
More informationGlobal PMI. Global economy starts 2017 on the front foot, PMI at 22-month high. February 8 th 2016
Global PMI Global economy starts 2017 on the front foot, PMI at 22-month high February 8 th 2016 2016 IHS Markit. All Rights Reserved. 2 Global PMI at 22-month high The global economy started 2017 with
More informationGlobal PMI. Global economic growth kicks higher at start of fourth quarter but outlook darkens. November 14 th 2016
Global PMI Global economic growth kicks higher at start of fourth quarter but outlook darkens November 14 th 2016 2 Global PMI at 11-month high in October Global economic growth kicked higher at the start
More informationQUARTERLY REPORT. 30 June 2017
QUARTERLY REPORT 30 June 2017 CONTENTS 1 Page 4 BMW GROUP IN FIGURES 2 INTERIM GROUP MANAGEMENT REPORT Page 11 Page 11 Page 13 Page 18 Page 19 Page 21 Page 31 Page 31 Page 38 Page 39 Report on Economic
More informationSTATEMENT ON THE FIRST QUARTER OF 2016 LANDSBERG AM LECH, 4 MAY 2016
STATEMENT ON THE FIRST QUARTER OF 2016 LANDSBERG AM LECH, 4 MAY 2016 2 RATIONAL AG STATEMENT ON THE FIRST QUARTER OF 2016 RATIONAL AG Group-wide sales revenues increase by 9% Growth driven by Europe and
More informationH Half-year financial report as at June 30
H1 2016 Half-year financial report as at June 30 Sales revenues up by 13 % to 1,136 million Earnings (EBIT) increase to 183 million (+7 %) Outlook reaffirmed Content FUCHS at a glance 03 Half-year financial
More informationGlobal PMI. Global economy set for robust Q2 growth. June 8 th IHS Markit. All Rights Reserved.
Global PMI Global economy set for robust Q2 growth June 8 th 2017 2 PMI indicates robust global growth in Q2 The global economy is on course for a robust second quarter, according to PMI survey data. The
More informationEconomic situation and outlook
Economic situation and outlook 2/215 ELECTRONICS AND ELECTROTECHNICAL INDUSTRY MECHANICAL ENGINEERING METALS INDUSTRY CONSULTING ENGINEERING INFORMATION TECHNOLOGY Global and Finnish Economic Outlook Divergence
More informationDEVELOPMENTS IN THE COST COMPETITIVENESS OF THE EUROPEAN UNION, THE UNITED STATES AND JAPAN MAIN FEATURES
DEVELOPMENTS IN THE COST COMPETITIVENESS OF THE EUROPEAN UNION, THE UNITED STATES AND JAPAN MAIN FEATURES The euro against major international currencies: During the second quarter of 2000, the US dollar,
More informationFX BRIEFLY. 9 August Helaba Research. Performance on a month-over-month basis
Helaba Research FX BRIEFLY 9 August 2018 AUTHOR Christian Apelt, CFA phone: +49 69/91 32-47 26 research@helaba.de EDITOR Claudia Windt PUBLISHER: Dr. Gertrud R. Traud Chief Economist/ Head of Research
More informationQUARTERLY REPORT FOURTH QUARTER 1998
MAIN FEATURES The EU currencies appreciated by 5% against the US dollar but fell by 10.5% against the Japanese yen. These currency movements contributed to a small gain (about 1%) in the Union s average
More informationDouble digit growth; gross profit up 16%
Randstad Holding nv Diemermere 25, Diemen P.O. Box 12600, NL-1100 AP Amsterdam z.o. Press release Date October 24, 2007 For more information Machteld Merens/Bart Gianotten Telephone +31 (0)20 569 56 23
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 19 ManpowerGroup interviewed over 6, employers across 44 countries and territories to forecast labor market activity* in January-March 19. All participants
More informationQ Sales again up sequentially; EBIT positive
Q4 2009 Sales again up sequentially; EBIT positive Q4 2009 Sales: EUR 323 million; up 16% sequentially, down 15% year on year EBIT: plus EUR 6 million (Q3 2009: minus EUR 24 million; Q4 2008: plus EUR
More informationECFIN/C-1 Fourth quarter 2000
ECFIN/C-1 Fourth quarter 2000 ECFIN/44/4/00-EN This document exists in English only. European Communities, 2001. MAIN FEATURES During the fourth quarter of 2000, the euro appreciated against the US dollar,
More information+2.7% THE SWISS AND WORLD WATCHMAKING INDUSTRIES IN billion francs SWISS WATCH INDUSTRY SWISS WATCH EXPORTS MAIN MARKETS
THE SWISS AND WORLD WATCHMAKING INDUSTRIES IN 2017 SWISS WATCH INDUSTRY SWISS WATCH EXPORTS 19.9 billion francs +2.7% The situation of Swiss watch industry exports improved steadily in the course of 2017.
More informationScania Interim Report January June 2007
26 July Scania Interim Report January June Scania reports strong volume and revenue growth Order bookings continue to be strong, up 39 percent in the first six months Sharp increase in earnings, operating
More informationSchaffner Group. Half-Year Report 2013/14
Schaffner Group Half-Year Report 2013/14 To our shareholders 1 Considerable improvement of net sales and profits The Schaffner Group made significant progress in implementing its strategy in the first
More informationManpowerGroup Employment Outlook Survey Netherlands
ManpowerGroup Employment Outlook Survey Netherlands 1 218 The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative sample of 754 employers in
More informationTREASURY AND FEDERAL RESERVE FOREIGN EXCHANGE OPERATIONS
EMBARGOED: FOR RELEASE AT 4:00 P.M. EDT, THURSDAY, AUGUST 7 TREASURY AND FEDERAL RESERVE FOREIGN EXCHANGE OPERATIONS April June 2014 During the second quarter, the U.S. dollar s nominal trade-weighted
More informationQUARTERLY REPORT. 30 September 2018
QUARTERLY REPORT 30 September 2018 CONTENTS 1 BMW GROUP AT A GLANCE Page 4 BMW Group in Figures Page 10 BMW AG Stock and Capital Markets 2 INTERIM GROUP MANAGEMENT REPORT Page 13 Page 13 Page 15 Page 20
More informationMarkit Global Business Outlook
News Release Markit Global Business Outlook EMBARGOED UNTIL: 00:01, 16 March 2015 Global business confidence and hiring intentions slip to post-crisis low Expectations regarding activity and employment
More informationQuarterly Report 03/2018
Q3 Quarterly Report 03/2018 CENTROTEC The European Energy-Saving Company Highlights > Positive business development in German heating and ventilation market; CHP market well below expectations > Group
More informationFinancial review. Continuous organic growth. Strong growth in the EMEA region. Positive operating margin development
66 Financial review Sonova generated record sales of CHF 2,35.1 million in 214 / 15, an increase of 4.3 % in reported Swiss francs or 6.2 % in local currencies. Group EBITA rose by 5.9 % in reported Swiss
More informationEGGER HOLZWERKSTOFFE GMBH St. Johann in Tirol
Consolidated Interim Financial Statements in accordance with International Financial Reporting Standards (IFRS) as of October 31, 2008 of EGGER HOLZWERKSTOFFE GMBH St. Johann in Tirol Egger Holzwerkstoffe
More informationManpowerGroup Employment Outlook Survey Singapore
ManpowerGroup Employment Outlook Survey Singapore 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity* in 1Q 218. All participants
More informationEconomic Outlook. Global And Finnish. Technology Industries In Finland Turnover and orders picking up s. 5. Economic Outlook
Economic Outlook Technology Industries of Finland 2 217 Global And Finnish Economic Outlook Broad-Based Global Economic Growth s. 3 Technology Industries In Finland Turnover and orders picking up s. 5
More informationGlobal PMI. Solid Q2 growth masks widening growth differentials. July 7 th IHS Markit. All Rights Reserved.
Global PMI Solid Q2 growth masks widening growth differentials July 7 th 2017 2 Widening developed and emerging world growth trends The global economy enjoyed further steady growth in June, according to
More informationContent. 3 Letter to the Shareholders 4 Overview 5 Key Figures. 6 Management Report. 10 Mikron Automation. 12 Mikron Machining
Semiannual Report 2017 Content 3 Letter to the Shareholders 4 Overview 5 Key Figures 6 Management Report 10 Mikron Automation 12 Mikron Machining 14 Semiannual Financial Statements 2017 14 Income statement
More informationMedia release. Winterthur, March 18, 2015 Page 1/7
Media release Rieter Holding Ltd. Klosterstrasse 32 P.O. Box CH-8406 Winterthur T +41 52 208 71 71 F +41 52 208 70 60 www.rieter.com Winterthur, March 18, 2015 Page 1/7 2014 financial year: double-digit
More informationStatement on the first 9 months of 2017
Statement on the first of 2017 Landsberg am Lech, 30 October 2017 2 RATIONAL AG Statement on the first nine months of 2017 RATIONAL AG continues successful business performance Sales revenues up 17 % on
More informationManpowerGroup Employment Outlook Survey New Zealand
ManpowerGroup Employment Outlook Survey New Zealand 1 218 New Zealand Employment Outlook The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative
More informationFX BRIEFLY. 8 June Helaba Research. Performance on a month-over-month basis
Helaba Research FX BRIEFLY 8 June 2018 AUTHOR Christian Apelt, CFA phone: +49 69/91 32-47 26 research@helaba.de EDITOR Claudia Windt PUBLISHER: Dr. Gertrud R. Traud Chief Economist/ Head of Research The
More informationInterim report for the period June 1, 2002 February 28, 2003
Copenhagen Stock Exchange Nikolaj Plads 6 1067 Copenhagen K Translation Struer, April 10, 2003 Interim report for the period June 1, 2002 February 28, 2003 The report has been prepared in accordance with
More informationMarkit economic overview
Markit Economics Markit economic overview Global growth held back by emerging market stagnation August 11 2015 Developed world leads global growth higher for first time in four months Global economic growth
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) 6 November No. 22 INTERIM REPORT JANUARY - SEPTEMBER Sales increased by 67% to SEK 16,304 M (9,747) Organic growth for comparable units was 4% Income before
More informationfile:///c:/users/cathy/appdata/local/microsoft/windows/temporary Int...
1 of 5 9/25/17, 8:57 AM A Publication of the National Association of Manufacturers September 25, 2017 As expected, the Federal Reserve opted to not raise short-term interest rates at its September 19 20
More informationBANK OF FINLAND ARTICLES ON THE ECONOMY
BANK OF FINLAND ARTICLES ON THE ECONOMY Table of Contents Finland struggling to defend its market share on rapidly expanding markets 3 Finland struggling to defend its market share on rapidly expanding
More informationInterim report January March 2015
Interim report January March Gross cash collections SEK 791m Portfolio acquisitions SEK 273m January March (compared with the first quarter ) Gross cash collections increased by 48 per cent to SEK 791m
More informationInterim Report to 30 June 2004
Interim Report to 30 June 2004 Q2 Rolls-Royce Motor Cars Limited 02 BMW Group an Overview 06 Automobiles 09 Motorcycles 11 Financial Services 13 BMW Stock 14 Financial Analysis 20 Group Financial Statements
More informationQUARTERLY STATEMENT Q1 2017
QUARTERLY STATEMENT Q1 WINDELN.DE GROUP AT A GLANCE Performance Indicators Site Visits Mobile Visit Share (in % of Site Visits) Mobile Orders (in % of Number of Orders) Active Customers Number of Orders
More informationZWISCHENBERICHT ZUM 1. HALBJAHR 201. INTERIM REPORT 1 January to 30 September Villeroy & Boch AG 1
ZWISCHENBERICHT ZUM 1. HALBJAHR 201 INTERIM REPORT 1 January to 30 September 2018 Villeroy & Boch AG 1 ZWISCHENBERICHT ZUM 1. HALBJAHR 201 INTERIM REPORT 1 January to 30 September 2018 Consolidated revenue
More informationHalf-Year Report 2010
Half-Year Report 2010 Hügli Holding AG, Steinach Key figures in brief million CHF Jan.-June Variance in Jan.-June Key figures of the group 2010 CHF local currency 2009 Sales 196.0 1.6% 4.6% 192.9 Operating
More informationParis, February 20, Publication of sales for the fourth quarter of 2012 and of results for the year ended December 31, 2012.
2012 Results Paris, February 20, 2013 - Publication of sales for the fourth quarter of 2012 and of results for the year ended December 31, 2012. KEY FIGURES ( m) 2011 2012 Change 2012/2011 Sales 42,116
More informationUlster Bank Northern Ireland PMI
Embargoed until 0101 UK (0001 UTC) 10 September 2018 Ulster Bank Northern Ireland PMI New orders rise at weakest pace in four months Key Findings Weaker growth of output and new orders Further increase
More informationCOMET achieves marked double-digit growth, with improved profitability
Press Release COMET achieves marked double-digit growth, with improved profitability F l a m a t t, Switzerland August 23, 2007 The COMET Group, a world-leading manufacturer of components and systems for
More informationDEVELOPMENTS IN THE COST COMPETITIVENESS OF THE EUROPEAN UNION, THE UNITED STATES AND JAPAN MAIN FEATURES
DEVELOPMENTS IN THE COST COMPETITIVENESS OF THE EUROPEAN UNION, THE UNITED STATES AND JAPAN MAIN FEATURES The euro against major international currencies: During the first quarter of 2001, the euro appreciated
More informationGERRY WEBER International AG Interim report Q2 2010/2011. Report on the six-month period ended 30 April 2011 WKN: ISIN: DE
GERRY WEBER International AG Interim report Q2 2010/2011 Report on the six-month period ended 30 April 2011 WKN: 330 410 ISIN: DE0003304101 The GERRY WEBER share Gaining roughly 27 percent, the GERRY WEBER
More informationEconomic Outlook. Global And Finnish. Technology Industries In Finland Economic uncertainty has not had a major impact yet p. 5.
Economic Outlook Technology Industries of 1 219 Global And Finnish Economic Outlook Uncertainty dims growth outlook p. 3 Technology Industries In Economic uncertainty has not had a major impact yet p.
More informationJanuary 1 to March 31. Interim Report January to March 2004
25 26 27 January 1 to March 31 Interim Report 24 First Quarter 24 Linde Financial Highlights 24 23 Change Year 23 Share Closing price 43.9 29.15 47.8% 42.7 3 month high 45.9 36.69 25.1% 43.4 3 month low
More information1 st Quarter, 2014 Danfoss delivers strong first quarter
1 st Quarter, 2014 Danfoss delivers strong first quarter www.danfoss.com www.danfoss.com Danfoss at a glance Danfoss is a world-leading supplier of technologies that meet the growing need for food supply,
More informationGLOBAL PLAYER ON LAND AND AT SEA.
EXPLORING BOUNDARIES GLOBAL PLAYER ON LAND AND AT SEA. Interim Report for the First Quarter of 2017 KEY FIGURES OF THE PALFINGER GROUP KEY FIGURES OF THE PALFINGER GROUP EUR thousand 2013 2014 2015 2016
More informationEdisun Power Europe Ltd Universitätstrasse Zurich. Consolidated Interim Financial Statements (unaudited) June 30, 2016
Edisun Power Europe Ltd Universitätstrasse 51 8006 Zurich Consolidated Interim Financial Statements (unaudited) June 30, 2016 Consolidated Interim Balance Sheet (unaudited) Notes 30.06.2016 31.12.2015
More informationPipes are pointing the way.
Pipes are pointing the way. Report on the First Three Quarters of 0 Earnings Data -9/0-9/0 Chg. in % Year-end 0 Revenues in mill.,478.,743.9 +8,95.4 Operating EBITDA ) in mill. 00.6 0.6 0 40.4 Operating
More informationPRESS RELEASE RESULTS AT 30 SEPTEMBER 2007
PRESS RELEASE RESULTS AT 30 SEPTEMBER 2007 GENERALI GROUP: CONSOLIDATED NET PROFIT INCREASED TO 2.36 BN (+21.8%) STRONG GROWTH IN PROFITABILITY OF INSURANCE BUSINESS: OPERATING RESULT ROSE TO 4,098.7 MILLION
More informationHighlights. » EBT on basis IFRS after nine months of fiscal year 2011/12 amounts to 392 million ( 469 million in the previous year)
The Aurubis Group continued the good economic trend of the first half of fiscal year 2011/12, achieving earnings before taxes (EBT) of 392 million after nine months operating EBT was 247 million, which
More informationFacts and figures. Interim Report as of June 30, 2017
Facts and figures. Interim Report as of June 30, 2017 2 Key figures as of June 30, 2017 3 Sustained growth and improved results 5 Consolidated interim financial statements 8 Notes to the consolidated interim
More informationAustria s economy set to grow by close to 3% in 2018
Austria s economy set to grow by close to 3% in 218 Gerhard Fenz, Friedrich Fritzer, Fabio Rumler, Martin Schneider 1 Economic growth in Austria peaked at the end of 217. The first half of 218 saw a gradual
More informationOrders received in CHF million. Sales in CHF million. EBIT in CHF million. Capital expenditures in CHF million
Semi-Annual Report 2 Rieter. Semi-Annual Report. Rieter at a glance Rieter at a glance Orders received in Sales in EBIT in Capital expenditures in HY1 15 HY2 15 HY1 16 HY1 15 HY2 15 HY1 16 HY1 15 HY2 15
More informationInterim Jan June/ 2005 results briefing
Interim Jan June/ 2005 results briefing Helsinki, 4 August 2005 Market and business review Financial results Outlook Jan Lång, President and CEO Jyri Luomakoski, CFO and Deputy CEO Jan Lång Questions Interim
More informationMarkit economic overview
Markit Economics Markit economic overview Faltering US economy leads global slowdown March 9 th 2016 Global economic growth slides to weakest for nearly 3 ½ years Global economic growth slowed to near-stagnation
More informationScania Interim Report January June 2017
28 July 2017 Scania Interim Report January June 2017 Summary of the first six months of 2017 Operating income rose to SEK 6,464 m. (1,316) Operating income, excluding items affecting comparability, amounts
More informationInterim report January - March 2015
Interim report January - March 2015 May 6, 2015 Stable earnings geared for growth Introduction to Hoist Finance Introduction Established in 1994, Hoist Finance is a leading debt restructuring partner to
More informationConference call. 11 November Nine months results ended 30 September
2010 Nine Months Results Conference call 11 November 2010 Nine months results ended 30 September 2010-1 Results highlights g Bob Kunze-Concewitz, CEO Nine months results ended 30 September 2010-2 2010
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) 6 February 2003 No. 03/03 REPORT FOR THE FOURTH QUARTER OF 2002 (YEAR-END REPORT) Sales increased 3% for the quarter, 12% in local currencies, 2% organic
More informationMonitor Euro area deflation
Investment Research General Market Conditions 17 July 2014 Euro area deflation Inflation outlook Euro inflation remained very low at 0.5% in June and is still far below the ECB s target. In response, the
More informationMore reasons to stay relaxed: The Third Quarter.
More reasons to stay relaxed: The Third Quarter. Report on the Third Quarter of 2005 Earnings Data -9/2004-9/2005 Chg. in % Year-end 2004 Revenues in mill.,325.5,468.6 +,758.8 Operating EBITDA ) in mill.
More informationEarnings Data Chg. in % Balance Sheet Data Chg. in % Stock Exchange Data Chg. in % Pipes & Pavers Europe
Earnings Data 2015 2016 2017 Chg. in % Revenues in MEUR 2,972.4 2,973.8 3,119.7 +5 EBITDA in MEUR 369.7 404.3 415.0 +3 Operating EBIT in MEUR 167.6 197.7 194.2-2 Impairment / Reversal of impairment charges
More information37% EBIT margin. Quarter Change, % 30 Sep Dec Change, %
Q3 July September Gross cash collections on acquired loan portfolios increased 10 per cent to SEK 1,075m (974). Total revenue increased 13 per cent to SEK 667m (591). Reported EBIT was SEK 245m (183) and
More informationFinancial Market Analysis at mid year 2016
Financial Market Analysis at mid year 2016 July 2016 Executive Summary Welcome to the Financial Market Analysis for insurers in Switzerland. So far, 2016 has been a challenging and rather turbulent year.
More informationHalf-year financial report in accordance with Section 37w of the German Securities Trading Act (WpHG)
Sto SE & Co. KGaA, Stühlingen Half-year financial report in accordance with Section 37w of the German Securities Trading Act (WpHG) For the period 1 January to 30 June 2014 -----------------------------------------------------------------------------------------------------------------------------
More informationConsolidated Interim Financial Statements (unaudited) June 30, Edisun Power Europe Ltd Universitätstrasse Zurich
Edisun Power Europe Ltd Universitätstrasse 51 8006 Zurich Consolidated Interim Financial Statements (unaudited) June 30, 2017 Consolidated Interim Financial Statements, June 30, 2017-1 - Consolidated Interim
More informationWe benefit from our global presence. Third Quarter Interim Report 2002 Holcim Ltd
We benefit from our global presence. Third Quarter Interim Report 2002 Holcim Ltd Our efficiency enhancement programs ensure further progress at operating level. Distinctly stronger third quarter In terms
More informationVOLKSWAGEN AG. Interim Report January March 2001
VOLKSWAGEN AG Interim Report January March 2001 Summary Key figures January 1 to March 31 Volkswagen Group 1st quarter thousand units/million E 2001 2000 % Unit sales 1,356 1,295 + 04.6 of which: Germany
More informationDifficult economic situation in Italy and lower future. Swisscom's net income reduced by CHF 1.2 billion. 14 December 2011
Difficult economic situation in Italy and lower future growth lead to an impairment of Fastweb Swisscom's net income reduced by CHF 1.2 billion 14 December 2011 In brief 2 > The book value of Fastweb has
More informationP R E S S R E L E A S E
P R E S S R E L E A S E from ASSA ABLOY AB (publ) May 4, 2001 no. 9/01 INTERIM REPORT JANUARY - MARCH 2001 Sales increased by 72% to SEK 5,104 M (2,976) Organic growth for comparable units was 4% Income
More informationQuarterly Financial Report. Third Quarter 2008
Quarterly Financial Report Third Quarter 2008 Pfeiffer Vacuum Technology AG Berliner Strasse 43 35614 Asslar Tel. +49 (0) 6441 802-314 Fax +49 (0) 6441 802-365 www.pfeiffer-vacuum.net Contents Page Pfeiffer
More informationGlobal PMI. Global economy grows at fastest rate for over two years, inflationary pressures rise. September 8 th 2017
Global PMI Global economy grows at fastest rate for over two years, inflationary pressures rise September 8 th 2017 2 Global PMI records fastest growth for over two years Global economic growth rose to
More information36.7% EBIT margin. SEK million
Q1 January March Gross cash collections on acquired loan portfolios increased by 34 per cent to SEK 1,056m (791). Total revenue increased by 27 per cent to SEK 638m (501). Reported EBIT was SEK 234m (159)
More informationFACT SHEET Q1 2018/19
FACT SHEET Q 208/9 Sales adjusted for currency effects and portfolio changes grew by +2.8%; reported sales increased by +.7% to 6,879 m (+2.4% on a like-for-like basis); sound sales momentum with market
More informationZWISCHENBERICHT ZUM 1. HALBJAHR INTERIM REPORT 1 January to 30 September Villeroy & Boch AG 1
ZWISCHENBERICHT ZUM 1. HALBJAHR 2014 INTERIM REPORT 1 January to 30 September 2015 Villeroy & Boch AG 1 ZWISCHENBERICHT ZUM 1. HALBJAHR 2014 INTERIM REPORT 1 January to 30 September 2015 Consolidated revenue
More informationHalf-year financial report
2018 Half-year financial report 2 Semperit Group I Half-year financial report 2018 Key figures Semperit Group Key performance figures in EUR million H1 2018 Change H1 2017 Q2 2018 Change Q2 2017 2017 Revenue
More informationFull year % EBIT margin. Quarter Change, % 31 Dec Change, %
Year-end report October December Gross cash collections on acquired loan portfolios increased 7 per cent to SEK 1,105m (1,032). Total revenue increased 9 per cent to SEK 676m (622). Reported EBIT was SEK
More informationFund Management Diary
Fund Management Diary Meeting held on 16 th October 2018 Euro-zone competitiveness imbalances In the run up to the global financial crisis differing competitiveness levels across the euro-zone contributed
More informationThe BMW Group is the world s leading premium car company. In the first quarter of 2011, we continued to expand our position in the premium segment.
- Check against delivery - Statement Dr. Friedrich Eichiner Member of the Board of Management of BMW AG, Finance Conference Call Interim Report to 31 March 2011, 10.00 a.m. Ladies and Gentlemen, Good morning
More informationPostponed recovery. The advanced economies posted a sluggish growth in CONJONCTURE IN FRANCE OCTOBER 2014 INSEE CONJONCTURE
INSEE CONJONCTURE CONJONCTURE IN FRANCE OCTOBER 2014 Postponed recovery The advanced economies posted a sluggish growth in Q2. While GDP rebounded in the United States and remained dynamic in the United
More informationAtradius Country Report. Main Western European Markets - May 2018
Atradius Country Report Main Western European Markets - May 8 Contents Austria Belgium Denmark 7 France 9 Germany Ireland Italy The Netherlands 7 Spain 9 Sweden Switzerland United Kingdom Print all Austria
More informationHalf-year financial report 2016
Half-year financial report 2016 Including : Half-year management Report Consolidated Financial Statements period ended June 30, 2016 Statutory Auditors review Report on the 2016 half-year financial information
More information