Metro sees rapid sales recovery in Q3 2019/20, reported EPS grows to €1.41 (PY €0.32)

. [[Previous year’s adjustment to continuing operations (without Real and METRO China) and due to full retrospective application of IFRS 16 (leasing agreements)] – Like-for-like sales decrease by -17.5% in Q3 2019/20 due to the effects of the COVID-19 pandemic – Clearly positive trend from April (-26.4%) to May (-19.4%) and to June (-6.7%) – Read more about Metro sees rapid sales recovery in Q3 2019/20, reported EPS grows to €1.41 (PY €0.32)[…]

Bechtle AG intends to become Bechtle SE

Bechtle aims to convert into a European public company AGM 2021 to decide on transformation into a Societas Europaea (SE) In an ad-hoc notice, Bechtle AG today announced its intent to prepare the transformation into a Societas Europaea (SE), a European public company. The proposal by the Executive Board to pursue such a step was today Read more about Bechtle AG intends to become Bechtle SE[…]

Eckert & Ziegler: Implementation of the share split by issuing bonus shares to be effective on 4 August 2020

Eckert & Ziegler AG (ISIN DE0005659700, TecDAX) announces that the increase in share capital approved by the Annual General Meeting on 10 June 2020 has been registered in the commercial register and that the share split can now be implemented. The Annual General Meeting on 10 June 2020 resolved to increase the share capital from Read more about Eckert & Ziegler: Implementation of the share split by issuing bonus shares to be effective on 4 August 2020[…]

Passing the Torch at Kappa optronics

At Kappa optronics, specialist in “cameras and vision systems for everything that drives and flies”, Johannes Overhues has taken over the reins of management as of 1 May 2020, relieving Christian Stickl who assumed leadership four years prior. Stickl is passing the leadership torch to the next generation and will depart from the company following Read more about Passing the Torch at Kappa optronics[…]

Annual General Meeting of Heidelberger Druckmaschinen AG for fiscal year 2019/2020 approves all items on the agenda with a clear majority

Annual General Meeting elects two shareholder representatives to the Supervisory Board Martin Sonnenschein confirmed as Chairman of the Supervisory Board Around 34 percent of Heidelberg’s share capital was represented at the first virtual Annual General Meeting of Heidelberger Druckmaschinen AG (Heidelberg) for financial year 2019/2020. The Management Board explained the company’s strategy and the balance Read more about Annual General Meeting of Heidelberger Druckmaschinen AG for fiscal year 2019/2020 approves all items on the agenda with a clear majority[…]

RoodMicrotec N.V. publishes unaudited interim report for 2020

. • Total income of EUR 5.4 million (HY1 2019: EUR 6.4 million) • Net result of EUR -0.7 million (after taxes) • Cash flow from operating activities of EUR 0.8 million RoodMicrotec N.V., a leading independent company for semiconductors supply and quality services, today publishes the interim report and the half year result for Read more about RoodMicrotec N.V. publishes unaudited interim report for 2020[…]

Q2 2020 results

Orders $6.1 billion, -18%; comparable -14%1 Revenues $6.2 billion, -14%; comparable -10% Income from operations $571 million; margin 9.3% Operational EBITA1 $651 million; margin1 10.6% Net income $319 million, +398%2 Basic EPS $0.15, +398%3; operational EPS1 $0.22, -35% Cash flow from operating activities $680 million; resilient cash delivery expected for the full year Power Grids Read more about Q2 2020 results[…]

Cooperation between IRT and DSPECIALISTS

The Institut für Rundfunktechnik (IRT), central research and development institute of the public broadcasters in Germany, Austria and Switzerland, and DSPECIALISTS GmbH, specialized in the development and distribution of products for digital audio signal processing and measurement technology, cooperate in high-quality loudness control. In recent years, IRT has developed and patented the Continuous Loudness Controller Read more about Cooperation between IRT and DSPECIALISTS[…]

GRAMMER AG Annual General Meeting elects new Supervisory Board

Resolution passed at the Annual General Meeting to suspend the dividend for the financial year 2019 New authorized capital created by the Annual General Meeting Alfred Weber taking over as Chairman of the Supervisory Board The shareholders of Grammer AG adopted the proposal of the Executive Board and Supervisory Board, passing with a large majority Read more about GRAMMER AG Annual General Meeting elects new Supervisory Board[…]

Russia Decreases Social Security Contributions for SMEs. Companies with Foreign Shareholders May be Affected

Russia took a number of measures to limit economic consequences of the corona pandemic. One of them is a reduction of the level of social security contributions for small and medium-sized enterprises from 1 April 2020. Russian subsidiaries of foreign companies may also benefit from the reduced contributions rate. Focus The social contributions rate in Read more about Russia Decreases Social Security Contributions for SMEs. Companies with Foreign Shareholders May be Affected[…]