SecondSol introduces new features

A new payment model, visible contact details, price scales for products and the choice of currency are some of the most important changes. Furthermore, SecondSol especially changes the purchase process. From now on, “inquiries” applies instead of “buy legally binding”. This makes it easier for users to use the marketplace. The new features are already Read more about SecondSol introduces new features[…]

Jenoptik secures new automation orders in North America

These automation orders reflect the successful execution of the new strategic global sales approach in the Light & Production division. Photonics company Jenoptik has secured new automation orders in the US and Canada in the first quarter of 2021 totaling more than 40 million USD that will help increase productivity in automotive manufacturing. The orders Read more about Jenoptik secures new automation orders in North America[…]

gategroup announces 2020 full-year results

gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), published today its full-year results and Annual Report for the financial year ending 31 December 2020. Revenues were reduced to CHF 1.55 billion in 2020 (vs. CHF 4.96 billion in 2019) due to the near-global air travel shutdown. EBITDA was a loss Read more about gategroup announces 2020 full-year results[…]

BASF with strong start to 2021 business year

Sales growth of 16% to €19.4 billion EBIT before special items increases 42% to €2.3 billion 2021 outlook for EBIT before special items raised to between €5.0 billion and €5.8 billion (previously: between €4.1 billion and €5.0 billion) “We were able to carry over the tailwinds from the strong fourth quarter of 2020 into the first quarter of 2021,” said Dr. Martin Read more about BASF with strong start to 2021 business year[…]

Nokia Corporation Financial Report for Q1 2021

  Strong start to the year with constant currency net sales up 9% year-on-year, driven by strong growth in Network Infrastructure and solid growth in Mobile Networks; reported net sales increased 3% Enterprise constant currency net sales up 18% year-on-year, as we gained 63 new customers, more than doubling the number we added in Q1 Read more about Nokia Corporation Financial Report for Q1 2021[…]

GRAMMER AG continues positive business trend in first quarter of 2021

. ▪ Revenue and earnings performance benefited in first quarter from improved markets in EMEA and APAC as well as from dynamic sales in Commercial Vehicles ▪ GRAMMER Group revenue rose by 10.7% to EUR 503.7 million ▪ Operating EBIT increased in Q1 2021 to EUR 21.0 million ▪ New reporting structure: EMEA, AMERICAS and Read more about GRAMMER AG continues positive business trend in first quarter of 2021[…]

Moody’s upgrades RWE’s rating to Baa2 with stable outlook

. • Rating agency acknowledges RWE’s strategic transformation • Outstanding fiscal 2020 and strong financial position also evaluated positively Markus Krebber, CFO of RWE AG: “The upgrade of our rating by Moody’s is further proof of the success of our strategic transformation and responsible financial policy. RWE is focussing on renewable energies, exiting from coal Read more about Moody’s upgrades RWE’s rating to Baa2 with stable outlook[…]

ABB issues trading update following better-than-anticipated performance in Q1

ABB is publishing preliminary information on its first-quarter 2021 results, which according to the information available to the company, is better than the latest company guidance and current market consensus. The preliminary results were driven by a stronger-than-anticipated market development, especially during the last weeks of March, and relates primarily to the short-cycle business. Quarterly Read more about ABB issues trading update following better-than-anticipated performance in Q1[…]

ABB launches new share buyback program

ABB will launch on April 9, 2021 its previously announced follow-up share buyback program of up to $4.3 billion. Based on the current share price this represents a maximum of approximately 137 million shares. The maximum number of shares that may be repurchased under this new program on any given trading day is 1,543,644. This follow-up Read more about ABB launches new share buyback program[…]

GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020

. ▪ Full-year revenue of 1.7 billion euros in 2020 ▪ Operating EBIT of 34.0 million euros in the second half of 2020 after -45.7 million euros in the first half of the year ▪ Successful funding operations with a volume of over 300 million euros ▪ Positive outlook for 2021: Revenue expected to increase Read more about GRAMMER AG starts the new year with confidence after significant recovery in the second half of 2020[…]