DACH

EQS-News: Bike24 Holding AG: Strong double-digit growth rates in localized markets and full-bike segment but ongoing weak consumer sentiment in core markets during FY 2023

Retrieved on: 
Mercoledì, Aprile 10, 2024
EUR, DACH, Depression, Annual report, Growth, Environment, FY, Euribor, Clothing, Policy, Earnings call, Bank statement, Geography, Pharmaceutical industry

Bike24 Holding AG (BIKE24) recorded a revenue decline of 13 percent to EUR 226 million during FY 2023, a year with unprecedented challenges for the cycling industry.

Key Points: 
  • Bike24 Holding AG (BIKE24) recorded a revenue decline of 13 percent to EUR 226 million during FY 2023, a year with unprecedented challenges for the cycling industry.
  • Double-digit growth rates for the full-bike segment as well as the localized markets could not offset the depressed consumer sentiment in the core markets DACH throughout the year.
  • During FY 2023, the decline of 19 percent in the PAC (parts, accessories and clothing) segment was partly offset by strong growth of 25 percent in the full-bike segment.
  • By geography, the Benelux markets (+41 percent) outperformed all other localized markets which recorded a combined growth of 18 percent during FY 2023.

EQS-News: HomeToGo Releases 2024 Outlook: Strong Growth in IFRS Revenues of >35% YoY to €>220M Alongside Significant Adjusted EBITDA Growth. Share Tender Offering Announced

Retrieved on: 
Mercoledì, Aprile 10, 2024
DACH, Software as a service, Interest, Growth, Q&A, Frankfurt Stock Exchange, Eggo, CFO, Partnership, Webcast, Share repurchase, Acquisition, Introduction, AI, IPO, Record, Adjustment, Yoy, HTG, Annual report, Marketplace, Marketing, Service, Pharmaceutical industry

HomeToGo Releases 2024 Outlook: Strong Growth in IFRS Revenues of >35% YoY to €>220M Alongside Significant Adjusted EBITDA Growth.

Key Points: 
  • HomeToGo Releases 2024 Outlook: Strong Growth in IFRS Revenues of >35% YoY to €>220M Alongside Significant Adjusted EBITDA Growth.
  • HomeToGo Releases 2024 Outlook: Strong Growth in IFRS Revenues of >35% YoY to €>220M Alongside Significant Adjusted EBITDA Growth.
  • Booking Revenues to grow to €>250M (>30% YoY) vs. €190.1M in FY/23
    IFRS Revenues to grow to €>220M (>35% YoY) vs. €162.0M in FY/23
    Adj.
  • EBITDA to grow to €>10M (>400% YoY) vs. €1.8M in FY/23
    Booking Revenues of €190.1M for FY/23 (16% YoY), surpassing FY/23 financial guidance.

EQS-News: GRENKE starts year with a strong Contribution Margin 2 in Q1 2024

Retrieved on: 
Mercoledì, Aprile 10, 2024
EUR, DACH, Growth, Sale, Baden-Baden, CM2, Lithium

New leasing business increases 9.8% to EUR 669.8 million (Q1 2023: EUR 610.2 million)

Key Points: 
  • New leasing business increases 9.8% to EUR 669.8 million (Q1 2023: EUR 610.2 million)
    Contribution margin 2 (CM2) expands 10.4% to EUR 112.7 million (Q1 2023: EUR 102.0 million)
    CM2 margin reaches 16.8% (Q1 2023: 16.7%)
    Baden-Baden, April 4, 2024: GRENKE AG, a global financing partner for small and medium-sized enterprises, increased its new leasing business by 9.8% to EUR 669.8 million in the first quarter of 2024 (Q1 2023: EUR 610.2 million), in a continuation of its growth trend.
  • The contribution margin 2 (CM2) – an indicator of new business profitability – increased 10.4% to EUR 112.7 million (Q1 2023: EUR 102.0 million).
  • As a result, GRENKE increased its CM2 margin to 16.8% (Q1 2023: 16.7%) and thereby achieved its medium-term target of around 17%.
  • GRENKE Bank’s new lending business, which largely consists of the microcredit business, totalled EUR 8.7 million in the first quarter of 2024 (Q1 2023: EUR 12.8 million).

EQS-News: Strong start of the year for Redcare Pharmacy, double-digit sales growth continues.

Retrieved on: 
Mercoledì, Aprile 10, 2024
Sevenum, EUR, DACH, Growth, ER-X, International, Education, Pharmacy, NFC, Marketing, Mobile phone

Strong start of the year for Redcare Pharmacy, double-digit sales growth continues.

Key Points: 
  • Strong start of the year for Redcare Pharmacy, double-digit sales growth continues.
  • Redcare Pharmacy’s CEO, Olaf Heinrich comments: “We started the year very well, with strong sales growth accompanied by persistently high non-financial KPIs.
  • Non-Rx sales growth was 16.8% to EUR 297 million (Q1 2023: EUR 254 million), while prescription medication sales (Rx) rose by 348.3% to EUR 156 million.
  • Excluding MediService, Rx sales growth in DACH was 6.8% to EUR 37 million (Q1 2023: EUR 35 million).

EQS-News: AUSTRIACARD HOLDINGS AG ANNOUNCES FY 2023 RESULTS

Retrieved on: 
Mercoledì, Aprile 10, 2024
DACH, Payment, OPEX, Growth, Acquisition, Investment, Depreciation, Online shopping

AUSTRIACARD HOLDINGS Group revenues reached € 351.3m increasing by € 40.9m or 13.2% compared to 2022.

Key Points: 
  • AUSTRIACARD HOLDINGS Group revenues reached € 351.3m increasing by € 40.9m or 13.2% compared to 2022.
  • The number of sold and invoiced cards increased by 7.1m or 5.6% from 127.7m to 134.8m cards.
  • Gross profit I increased by € 20.7m or 15.0% to € 158.8m in 2023 as a result of the strong increase in revenues.
  • Adjusted EBITDA increased by 50.6% and the adjusted EBITDA margin improved by 2.6 percentage points to 14.0% in 2023.

EQS-News: Exasol wins additional contracts from the financial sector with 'Espresso'

Retrieved on: 
Mercoledì, Aprile 10, 2024
Partner, DACH, Growth, ARR, Environment

The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.

Key Points: 
  • The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.
  • The annual recurring revenues (ARR) from this amounts to almost one million euros and shows the growing importance of the financial sector for Exasol.
  • "We are pleased that the momentum from the financial sector, as we saw at the end of last year, is continuing in the first quarter.
  • "In addition, many companies in the financial sector are facing more and more regulation regarding their data security.

Scality and TD SYNNEX partner to meet ransomware protection requirements for organizations in Germany, Austria and Switzerland

Retrieved on: 
Martedì, Aprile 9, 2024
DACH, Organization, Growth, SYNNEX, Learning, Health, Partnership, SAN, AI, TCO, Magic Quadrant, TD SYNNEX, Cryptocurrency

The partnership extends the reach of Scality's advanced object-storage solutions to organizations seeking affordable, enterprise-grade ransomware backup solutions to strengthen their cyber security posture across hybrid-cloud environments.

Key Points: 
  • The partnership extends the reach of Scality's advanced object-storage solutions to organizations seeking affordable, enterprise-grade ransomware backup solutions to strengthen their cyber security posture across hybrid-cloud environments.
  • For decades, TD SYNNEX has helped maximize the value of technology investments, demonstrate business outcomes, and unlock growth opportunities for its diverse customer base.
  • As a premier distribution partner for Scality in the DACH region, TD SYNNEX will give enterprises across Germany, Austria and Switzerland an easy on-ramp to unbreakable ransomware protection with Scality's cyber-resilient object storage software.
  • The partnership gives channel partners easy access to Scality's industry-leading solutions for ransomware protection, hybrid cloud and AI.

Aptean Strengthens Executive Leadership Team with Appointment of Volker Rosendahl as Senior Vice President and General Manager for DACH Region

Retrieved on: 
Lunedì, Marzo 25, 2024
Microsoft, Rosendahl, DACH, Azure, Microsoft Azure, Lead, Senior, Adobe, Marketing, Management

ALPHARETTA, Ga., March 25, 2024 (GLOBE NEWSWIRE) -- Today, Aptean , a global provider of mission-critical enterprise software solutions, announced the appointment of Volker Rosendahl as Senior Vice President & General Manager for Germany, Austria and Switzerland (DACH region).

Key Points: 
  • ALPHARETTA, Ga., March 25, 2024 (GLOBE NEWSWIRE) -- Today, Aptean , a global provider of mission-critical enterprise software solutions, announced the appointment of Volker Rosendahl as Senior Vice President & General Manager for Germany, Austria and Switzerland (DACH region).
  • In this pivotal role, Rosendahl will be spearheading overall business operations and ensuring customer success across the DACH territories.
  • "We are thrilled to welcome Volker to the Aptean team as the Senior Vice President and General Manager for the DACH region.
  • "I am excited to join Aptean and lead the team in the DACH region," said Volker Rosendahl.

T-Systems - a full affiliate of Deutsche Telekom AG - partners with Corent Tech to drive Digital Transformation

Retrieved on: 
Giovedì, Marzo 28, 2024
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Automation, DACH, Corent, Software as a service, Partnership, Artificial intelligence, T-Systems, Digital transformation, Deutsche Telekom, Cloud computing, Multimedia, Data management, Video game

T-Systems has signed a multi-year partnership agreement with Corent Technology - a technology leader in Cloud Migration, Modernization, Optimization and SaaS transformation automation technologies.

Key Points: 
  • T-Systems has signed a multi-year partnership agreement with Corent Technology - a technology leader in Cloud Migration, Modernization, Optimization and SaaS transformation automation technologies.
  • This follows an extensive vendor selection process to find the best technology to enable and accelerate digital transformation for customers in the DACH market (Germany, Austria, Switzerland), and elsewhere.
  • View the full release here: https://www.businesswire.com/news/home/20240328686260/en/
    T-Systems has signed a multi-year partnership agreement with Corent Technology - a technology leader in Cloud Migration, Modernization, Optimization and SaaS transformation automation technologies.
  • (Graphic: Business Wire)
    T-Systems International is a vertically focused, business customer IT service provider and full affiliate of Deutsche Telekom AG.

Berkshire Hathaway Specialty Insurance Promotes Daniela Peeters to Lead Customer & Broker Engagement in Germany

Retrieved on: 
Martedì, Marzo 26, 2024
Professional Services, Insurance, Finance, Health, DACH, Travel, Customer, Plymouth Meeting, Pennsylvania, Head, Registered office, Designated activity company, AM Best, 4th floor, National Indemnity Company, Standard, Berkshire Hathaway, 2nd Floor

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.
  • She was previously Customer & Broker Engagement Manager for Northern Germany.
  • “Daniela lives our BHSI values, bringing them to her every interaction with our customers and brokers,” said Andreas Krause, Head of DACH, BHSI.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).