Knorr-Bremse presents excellent results in an exceptional 2020, confirming solid level of profitability

. – Guidance 2020 fully met: Group performance on target – Order book at new record level of EUR 4,977.0 million as of December 31, 2020 (previous year: EUR 4,692.0 million) – Good sales development despite Covid-19 pandemic: Group sales of EUR 6,156.7 million -11.2% below previous year (previous year: EUR 6,936.5 million) – Solid Read more about Knorr-Bremse presents excellent results in an exceptional 2020, confirming solid level of profitability[…]

Analog Devices, University of Limerick and Stripe Collaborate to Leverage Software Technology for the Transformation of Engineering Education

Analog Devices, Inc. (Nasdaq: ADI) has collaborated with the University of Limerick (UL) and other prominent companies, including economic infrastructure technology leader Stripe, to launch a world-leading computer science program called Immersive Software Engineering (ISE). Given increased demand for developer talent globally and rapid growth of the internet economy, ISE is designed to revolutionize the Read more about Analog Devices, University of Limerick and Stripe Collaborate to Leverage Software Technology for the Transformation of Engineering Education[…]

SES S.A.: Full Year 2020 Results

SES S.A. announces financial results for the year ended 31 December 2020. Third successive year delivering EBITDA outlook despite challenging COVID-19 environment in 2020 Growth engine Networks revenue +5% YOY(1,2), or +27% since 2017, and Video revenue of €1,108 million in line with expectations Adjusted EBITDA(3) of €1,152 million delivered within pre-COVID-19 financial outlook and at Read more about SES S.A.: Full Year 2020 Results[…]

Dixa acquires Elevio, an Australian SaaS company focused on helping brands improve the quality of customer support

Dixa acquires Elevio, an Australian SaaS company focused on helping brands improve the quality of customer support The acquisition supports Dixa’s long term vision to simplify more aspects of customer service through personalisation and machine learning Danish customer support innovator Dixa has acquired Melbourne-based knowledge management platform Elevio in a circa US$15m deal. "The circa Read more about Dixa acquires Elevio, an Australian SaaS company focused on helping brands improve the quality of customer support[…]

Infront Q4 report: Stable underlying business with higher volume-based revenues

“Infront finished 2020 with full-year revenues remaining stable (adjusting for consolidation of vwd Group for all of 2019). Considering the prolonged lockdown periods that negatively affected our marketing activities and all our integration efforts that have shifted much of our focus inwards, our topline development is definitely something we can all be proud of. As Read more about Infront Q4 report: Stable underlying business with higher volume-based revenues[…]

Bechtle AG: Contract with Dr Thomas Olemotz extended early

The Supervisory Board of Bechtle AG has extended the contract of CEO Dr Thomas Olemotz early. The extension is for an additional five years and runs until 31/12/2026. The current contract will run until the end of December 2021. It is the third time his contract has been extended early during his tenure as CEO. The 58-year-old Read more about Bechtle AG: Contract with Dr Thomas Olemotz extended early[…]

Commerzbank launches roll-out of „Strategy 2024“ and plans to complete first important restructuring steps this year

Closure of a further 190 branches planned in current year More than 80% of headcount reduction already targeted for year-end 2023 Return to positive operating profit planned for 2021, operating profit of €2.7 billion planned for 2024 Resumption of dividend payments planned for financial year 2023 CEO Manfred Knof: “We want to be sustainably profitable Read more about Commerzbank launches roll-out of „Strategy 2024“ and plans to complete first important restructuring steps this year[…]

Knaus Tabbert continues profitable growth course: 2020 revenues & financial results higher than in previous year despite lockdown

  – Record revenues of 795 million euros despite the Corona pandemic’s negative impact on production in April 2020 – Adjusted EBITDA increases to around 68 million euros – Record sales of van conversions in fiscal year 2020 Knaus Tabbert, one of the leading manufacturers of recreational vehicles in Europe, has closed the 2020 financial Read more about Knaus Tabbert continues profitable growth course: 2020 revenues & financial results higher than in previous year despite lockdown[…]

Hyzon Motors, das führende Unternehmen für schwere Wasserstoff-Brennstoffzellen-Nutzfahrzeuge, kündigt den Zusammenschluss mit der Decarbonization Plus Acquisition Corporation an

Die Transaktion wird dem Unternehmen einen Bruttoerlös von bis zu ca. 626 Mio. US-Dollar einbringen, einschließlich einer vollständig zugesagten Stammaktien-PIPE in Höhe von 400 Mio. US-Dollar zu 10 US-Dollar pro Aktie, die von bestehenden und neuen Investoren getragen wird, darunter Fonds und Konten, die von BlackRock, den Federated Hermes Kaufmann Funds, Fidelity Management & Research Company LLC, Wellington Read more about Hyzon Motors, das führende Unternehmen für schwere Wasserstoff-Brennstoffzellen-Nutzfahrzeuge, kündigt den Zusammenschluss mit der Decarbonization Plus Acquisition Corporation an[…]

Datwyler performs strongly in extraordinary times

Thanks to its leading market positions and close customer relationships, Datwyler generated net revenue of CHF 1’012.1 million from continuing operations in pandemic year 2020. This corresponds to currency-adjusted growth of 1.2%. Despite expenses for managing the impact of the pandemic and start-up costs for new production capacities, operating profit (EBIT) rose to CHF 148.0 Read more about Datwyler performs strongly in extraordinary times[…]