Mediaboss Marketing

PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Metallurgie with improved adjusted operative EBITDA

DGAP-News: SKW Stahl-Metallurgie Holding AG / Key word(s): Preliminary Results SKW Stahl-Metallurgie Holding AG: SKW Metallurgie with improved adjusted operative EBITDA

07.02.2014 / 17:21

=--------------------------------------------------------------------

SKW Metallurgie with improved adjusted operative EBITDA

* Preliminary adjusted operative EBITDA increased by EUR 2.5 million to EUR 22.0 million * First successes of earnings increase program EPC visible * Optimism for 2014

Unterneukirchen (Germany), February 07, 2014. Global specialty chemicals group SKW Metallurgie attained - according to preliminary, unaudited figures - in business year 2013 an operative EBITDA in the amount of EUR 22.0 million. Thereby, the capital markets guidance (pledging to surpass the previous year's figure of EUR 19.5 million) was delivered. This increase (compared to the previous year) in the amount of EUR 2.5 million (+13%) is remarkable, in particular with respect to the decrease in steel production in the relevant geographical markets. The steel industry remains the most important client industry for the SKW Metallurgie Group and demands SKW Metallurgie Products mainly in dependence of their own production volume.

The increase in operative EBITDA is also due to first successes of the Group-wide earnings increase program 'Every Penny Counts' (EPC), which was implemented in the second half of 2013.

The accounting EBITDA (compiled according to international accounting standard IFRS) for business year 2013 - according to preliminary, unaudited figures - amounted to EUR 15.2 million (previous year: EUR 20.8 million). Main reasons for that are unrealized - and hence non-cash - foreign currency effects, which mainly derive from the valuation of Group-internal loans. In 2012, those currency effects amounted to EUR 1.0 million; in 2013, however, EUR -3.3 million. The remaining decrease also includes the net effects from two aperiodic legal cases, including the accrual of provisions (with effect in Q4/2013) based on judgments by the Court of Justice of the European Union, as already communicated on January 23, 2014.

Central financial performance indicator of the SKW Metallurgie Group remains 'operative EBITDA', which was introduced in Q3/2013 reporting. This indicator clearly shows the operative facts and significantly strengthens the meaningfulness of financial reporting. Unrealized currency effects as well as aperiodic one-offs from legal cases are of a non-operative nature and are therefore apt to disguise the view onto operative capabilities. Hence, the introduction of an operative indicator was a consequent step in order to be able to present to investors an undisguised view onto the SKW Metallurgie Group.

Read more:
PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Metallurgie with improved adjusted operative EBITDA

S

Language is our primary weapon in the ceaseless conflict that is modern life. Today we examine two words that are perfectly terrible reflections of our time: wow and platisher.

wow

When did adults lose the ability to articulate their reactions? Twitter is a "root cause," as they say at think tanks. Wow is surely the most common single word on Twitter that's not an obscenity or misspelled name of a celebrity. It's hard to come up with good words to say or type, and fewer people understand the good words, and many who do understand the good words willfully mistake the intent so they can respond with a weary or disgusted "Wow" on Twitter. Many educated adults have just given up entirely. The response to anythinggood, bad, weird, meaningless or vileis a tired "Wow," usually followed by that most emotionless form of punctuation, the period. And because today's American children are comically stupid and embarrassingly servile, kids see no reason to do anything differently. Millions and millions of children are mouthing the word "Wow" at their phones, right now. Wow is the word of the era, for young and old alike, because the era is terrible.

platisher

What do you call an online publisher that also wants people to create content (for free) using the publisher's platform? As this situation applies to all websites with comments, you could probably call these publishers "website publishers." But that's not stupid enough for the Tech Press, so today we were introduced to the make-believe word platisher, which is apparently a special kind of company that has its employees and contractors and freelancers post things to the Internet, and also lets random strangers post comments or whatever. Don't just be a publisher! Be something that sounds much, much worse ... be a platisher!

We are terrorized by language every day! Word Terrorism keeps you up to date and explains what these insidious terms really mean. Have you been the victim of Word Terrorism? Please file your report in the comments below.

See the article here:
Word Terrorism: Wow, It's a Platisher

Piers Morgan - Ann Coulter Pot Smokers #39;Can #39;t Perform Useful Jobs #39;
In a scheduling certain to polarize viewers from both side of the aisle, on Wednesday evening "Piers Morgan Live" invited author and commentator Ann Coulter ...

By: Jimmy Ward

The rest is here:
Piers Morgan - Ann Coulter Pot Smokers 'Can't Perform Useful Jobs' - Video

Cronkite NewsWatch 2/5/14
Today on Cronkite NewsWatch, U.S. Senator John McCain sounds off about the stalled immigration reform efforts on Capitol Hill. The Phoenix City Council is go...

By: Cronkite News

The rest is here:

Cronkite NewsWatch 2/5/14 - Video

Obama: GOP made progress on immigration
President Obama discusses immigration reform in an exclusive interview with CNN #39;s Jake Tapper.

By: yasin koak

Read this article:

Obama: GOP made progress on immigration - Video