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Word Press In 500 Internal Server Error - Video
DGAP-News: Villeroy & Boch AG / Key word(s): Final Results Villeroy & Boch in the 2013 financial year
07.02.2014 / 11:30
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Press Release Mettlach, 7 February 2014
* Group result up 63 % year-on-year at Euro 24 million (previous year: Euro 15 million)
* Operating EBIT up 17 % to Euro 36 million, EBIT including real estate income amounts to Euro 43 million (+40 %)
* Consolidated revenue unchanged year-on-year at Euro 745 million
Consolidated revenue unchanged year-on-year - highest growth recorded in Germany
The Villeroy & Boch Group generated revenue of Euro 745 million in the 2013 financial year, in line with the figures it recorded in the previous year (+0.2 %). Revenue adjusted for currency effects increased by Euro 8 million or 1.3 %. The Group recorded its highest revenue growth in its domestic market of Germany, where revenue rose by Euro 10 million year-on-year to Euro 213 million. Elsewhere in Europe, the Group achieved notable revenue growth in Spain (+8 %) and Scandinavia (+3 %). The weakness of the construction industry led to lower revenue in the Netherlands (-7 %), France (-6 %) and Italy (-4 %) in particular. Outside Europe, business in the Asia/Pacific/Africa region developed positively (+5 %). The encouraging revenue performance in China (+4 %) was responsible for this to a large extent. In the Americas region, technical effects in connection with the change to the distribution model in the Bathroom and Wellness Division in particular meant that revenue declined by 13 %.
Operating result up 17 % on the previous year, group result increases by 63 % to Euro 24 million
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PRESS RELEASE: Villeroy & Boch in the 2013 financial year
DGAP-News: Linde AG / Key word(s): Contract Linde AG: Linde and Nynas conclude hydrogen on-site contract
07.02.2014 / 09:00
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Linde and Nynas conclude hydrogen on-site contract
- Modern hydrogen plant to be built in Hamburg-Harburg
- Investments of EUR 30 million
Munich, 7 February 2014 - The technology company The Linde Group has signed a long-term contract with Nynas AB, one of the world leaders in the naphthenic specialty oils (NSP) and the bitumen business, for the on-site supply of hydrogen at Nynas' refinery in Hamburg, Germany. To this end, the Linde Engineering Division will build a state-of-the-art steam methane reformer plant with total investments accounting to around EUR 30 million.
'Nynas and Linde already look back on a long and successful relationship, especially in Sweden,' said Professor Dr Aldo Belloni, Member of the Executive Board of Linde AG. 'We are supplying Nynas with natural gas from our LNG terminal near Stockholm. We are more than happy to expand our excellent cooperation to Germany now.'
The project is part of a major restructuring of the Hamburg-Harburg refinery, which over the next two years will be converted into a specialized NSP production site. By this, Nynas will increase its overall NSP production capacity by forty per cent. These specialty oils are used for many different applications, such as tires, transformers, printing inks, industrial rubber and lubricants.
The new hydrogen facility is scheduled to go on-stream in the fourth quarter of 2015 and will be operated by the Linde Gases Division. With a capacity of 400,000 m of hydrogen per day it will be able to also supply other hydrogen customers in the Hamburg harbour area.
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PRESS RELEASE: Linde AG: Linde and Nynas conclude hydrogen on-site contract
PRESS RELEASE: GRENKELEASING AG: Consolidated Group net profit rises 11 % and reaches EUR 47.0 million - the upper end of our forecast range of EUR 44 to 48 million
DGAP-News: GRENKELEASING AG / Key word(s): Final Results GRENKELEASING AG: Consolidated Group net profit rises 11 % and reaches EUR 47.0 million - the upper end of our forecast range of EUR 44 to 48 million
07.02.2014 / 07:15
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Consolidated Group net profit rises 11 % and reaches EUR 47.0 million - the upper end of our forecast range of EUR 44 to 48 million
* 2013 Consolidated Group net profit amounts to EUR 47.0 million - an increase of 11 % in comparison to EUR 42.5 million in the previous year. * Net interest income grew 17 % to EUR 130.5 million. * Intended scrip dividend - dividend proposal of EUR 1.00 per share. * 2014: Targeted new business growth of 13-16 %; Consolidated Group net profit expected in a range of EUR 52 million to EUR 56 million.
Baden-Baden, February 7, 2014: In fiscal year 2013, the GRENKE Consolidated Group carried on the successful development experienced in recent years. The rise in net profit amounted to 11 % to EUR 47.0 million compared to EUR 42.5 million in the previous year. Thus, GRENKE achieved the upper end of the forecast range of EUR 44 to 48 million and accelerated the earnings momentum (previous year: 8 %).
The increase in earnings was largely the result of the strong level of high-margin new business generated in recent years, which has been generating income for us gradually as the terms of the contracts progress. Therefore, the trend continued toward a significantly more pronounced rise in interest income and similar income from the financing business. This increased 11 % to EUR 188.8 million (previous year: EUR 169.5 million) while the interest expenses of the refinancing and deposit business had only a moderate 1 % rise to EUR 58.3 million after EUR 58.0 million in the previous year.
Accordingly, net interest income rose 17 % to EUR 130.5 million (previous year: EUR 111.5 million). By consistently managing our new business margin, we are in a position to achieve a disproportional rise in income while at the same time taking into account future risks in our financing conditions. Consequently, we are always prepared for a possible rise in losses.
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PRESS RELEASE: GRENKELEASING AG: Consolidated -2-
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House Leaders Layrout Principles On Immigration Reform During Retreat - Video