SCHWEIZ

Andreas Gerber to join LLB Group Executive Management

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Mercoledì, Aprile 10, 2024

März 2024 - The Board of Directors of Liechtensteinische Landesbank (LLB) has appointed Andreas Gerber as a new member of the Group Executive Management and Head of the Retail & Corporate Banking division, subject to approval by the competent supervisory authority.

Key Points: 
  • März 2024 - The Board of Directors of Liechtensteinische Landesbank (LLB) has appointed Andreas Gerber as a new member of the Group Executive Management and Head of the Retail & Corporate Banking division, subject to approval by the competent supervisory authority.
  • With his profound expertise, his loyalty to the LLB Group and his exemplary commitment to LLB values, he has made a significant contribution to the success of the LLB Group.
  • On behalf of my colleagues in Group Executive Management, I would like to thank Urs for everything he has done for the LLB Group and for the wonderful time we spent together.”
    Georg Wohlwend, Chairman of the Group Board of Directors, is very pleased with the appointment of Andreas Gerber as the successor to Urs Müller: “In Andreas Gerber, we have been able to recruit a proven banking expert and experienced manager for the LLB Group.
  • I am very much looking forward to continuing to drive forward the development of the LLB Group as a member of the Group Executive Management and working with all employees.

Avolta receives Moody’s upgraded credit rating to Ba2 with Stable Outlook

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Mercoledì, Aprile 10, 2024

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from Ba3 to Ba2 with Stable outlook according to Moody’s Investment Service announcement yesterday.

Key Points: 
  • Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from Ba3 to Ba2 with Stable outlook according to Moody’s Investment Service announcement yesterday.
  • In the rating report, published on March 27, 2024, Moody’s referred to Avolta’s continued strong organic revenue growth and improved profitability in 2023.
  • According to Moody’s, the combination with Autogrill was credit-enhancing due to the increase in scale, product and channel diversification.
  • The stable outlook indicates Moody’s expectation of ongoing organic revenue and EBITDA growth, underpinned by steadily increasing air passenger traffic globally.

PolyPeptide publishes invitation to the annual General Meeting 2024

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Mercoledì, Aprile 10, 2024

Baar, 19 March 2024 – PolyPeptide Group AG (SIX: PPGN), a focused global CDMO for peptide- and oligonucleotide-based active pharmaceutical ingredients,

Key Points: 
  • Baar, 19 March 2024 – PolyPeptide Group AG (SIX: PPGN), a focused global CDMO for peptide- and oligonucleotide-based active pharmaceutical ingredients,
    published today the invitation to the third annual General Meeting which will take place on 10 April 2024 at the Chollerhalle in Zug.
  • At PolyPeptide Group AG’s (the “Company”) third annual General Meeting which will take place on 10 April 2024 at the Chollerhalle in Zug (the “AGM 2024”), six current members of the Board of Directors will stand for re-election.
  • Dorothee A. Deuring has decided not to stand for re-election as a member of the Board of Directors.
  • The Board of Directors further proposes to the AGM 2024 the deletion of art.

New record of 142 natural catastrophes accumulates to USD 108 billion insured losses in 2023, finds Swiss Re Institute

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Mercoledì, Aprile 10, 2024

Global insured losses from natural catastrophes outpaced global economic growth over the past 30 years: From 1994 to 2023, inflation-adjusted insured losses from natural catastrophes averaged 5.9% per year, while global GDP grew by 2.7%.

Key Points: 
  • Global insured losses from natural catastrophes outpaced global economic growth over the past 30 years: From 1994 to 2023, inflation-adjusted insured losses from natural catastrophes averaged 5.9% per year, while global GDP grew by 2.7%.
  • 2023 was also marked by a high frequency of events as 142 insured natural catastrophes set a new record.
  • Hailstorms are by far the main contributor to insured losses from SCS, responsible for 50–80% of all SCS-driven insured losses.
  • Global insured losses from SCS accumulated to a new record of USD 64 billion globally in 2023, 85% originating in the US.

SFS supports Solvatten in its mission to provide access to clean water for all

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Mercoledì, Aprile 10, 2024

On the occasion of today’s World Water Day, SFS Group announces its new strategic partnership with Solvatten.

Key Points: 
  • On the occasion of today’s World Water Day, SFS Group announces its new strategic partnership with Solvatten.
  • The Swedish company develops and manufactures environmentally friendly water cannisters for people with restricted access to clean and warm water.
  • The fasteners in the portable cannisters have to meet high standards in terms of longevity and resistance to corrosion.
  • SFS optimized these fasteners and provides them to Solvatten, along with an annual financial contribution.

CALIDA Holding AG 2024 Annual General Meeting – all proposals approved

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Mercoledì, Aprile 10, 2024

The shareholders approved all the proposals of the Board of Directors at the CALIDA Holding AG Annual General Meeting today.

Key Points: 
  • The shareholders approved all the proposals of the Board of Directors at the CALIDA Holding AG Annual General Meeting today.
  • The current independent Board members Felix Sulzberger (Chairman), Gregor Greber and Thomas Stöcklin as well as the current Board member Allan Kellenberger were re-elected for a one-year term of office until the conclusion of the next Annual General Meeting.
  • The shareholders of CALIDA Holding AG also approved the report on non-financial matters for 2023.
  • A detailed list of all resolutions and results of the Annual General Meeting 2024 can be found at: https://www.calidagroup.com/en/investors/#annual-general-meetings

DKSH’s 91st Annual General Meeting 2024

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Mercoledì, Aprile 10, 2024

Zurich, Switzerland, March 26, 2024 – DKSH’s shareholders have voted in favor of all motions at the company’s 91st Annual General Meeting by a solid majority.

Key Points: 
  • Zurich, Switzerland, March 26, 2024 – DKSH’s shareholders have voted in favor of all motions at the company’s 91st Annual General Meeting by a solid majority.
  • In total, 175 shareholders were present and a total of 52,929,311 shares, equaling 81.38% of the share capital, were represented at the meeting.
  • Marco Gadola was reelected as Chairman, and all current Board members as well as the members of the Nomination and Compensation committee were reelected for another term of office until completion of the next Annual General Meeting.
  • DKSH will distribute CHF 146.1 million to shareholders, with the payout expected to be made as of April 3, 2024.

Avolta affirms partnership with Edinburgh Airport: 20+ years of operations strengthened by 7-year contract extension, grows floorspace by 30%

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Mercoledì, Aprile 10, 2024

Avolta affirms partnership with Edinburgh Airport: 20+ years of operations strengthened by 7-year contract extension, grows floorspace by 30%

Key Points: 
  • Avolta affirms partnership with Edinburgh Airport: 20+ years of operations strengthened by 7-year contract extension, grows floorspace by 30%
    Avolta AG (SIX: AVOL) has successfully extended its contract to operate the tax and duty free store at Edinburgh airport for an additional seven years.
  • Strengthening the company’s 20+ years of operations at the same store, the contract win also represents an increase in retail space of 30%.
  • Edinburgh airport is the busiest airport in Scotland, handling almost 15 million passengers each year (2019 figures), and an important driver for the Scottish economy thanks to its connectivity with other parts of the UK and internationally.
  • Avolta will completely refurbish its existing store to create a 1,740m² World Duty Free store.

u-blox takes an important step forward and publishes its Sustainability Report for 2023 in accordance with the GRI Standards

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Mercoledì, Aprile 10, 2024

Thalwil, Switzerland –14 March 2024 – u-blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies and services, has taken an important step forward on its sustainability program and published today its 2023 Sustainability Report in accordance with the Global Reporting Initiative (GRI) Standards .

Key Points: 
  • Thalwil, Switzerland –14 March 2024 – u-blox (SIX:UBXN), a global provider of leading positioning and wireless communication technologies and services, has taken an important step forward on its sustainability program and published today its 2023 Sustainability Report in accordance with the Global Reporting Initiative (GRI) Standards .
  • Reporting in accordance with GRI Standards is an important step for u-blox as it helps to efficiently inform about u-blox’s sustainability activities and approach to environmental, social, and governance (ESG) activities.
  • The company added a new pillar and target to its sustainability strategy in 2023 to shape the social and environmental impact of its innovations.
  • The u-blox Sustainability Report for 2023 shows our contribution and our measurable targets for a more sustainable future.”