Club Med | Jotup

Fosun Sells German Private Bank HAL and Retains HAFS Asset Servicing Business, Aligns with its Asset-Light Strategy

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화요일, 5월 28, 2024

FTG, HKEX, Trastuzumab, S&P, Happiness, UBS, Ecosystem, Sale, Club Med, Marketing, IRR, Fosun Pharma, Complementarity, HAL, Overweight, Growth, ABN AMRO, ABN, Citibank, Face, AMRO Bank, Acquisition, Cell, Gene, HAFS, Tourism, Bank

HAFS is one of the ten major asset servicing companies in German-speaking regions.

Key Points:

HAFS is one of the ten major asset servicing companies in German-speaking regions.
The announcement indicates that the sale is part of Fosun's ongoing efforts to optimize its asset portfolio and focus on asset-light operations.
It is worth noting that based on the transaction consideration of EUR670.3 million, the project is expected to yield double-digit IRR for Fosun.
Fosun International will continue to hold the asset servicing business, which is an asset-light "cash cow" operation.

Supervizor Raises $22 Million Funding Round

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화요일, 5월 28, 2024

Supervizor, the leading plug and play Quality Assurance platform for finance teams, announced it has raised $22 million in a funding round led by Orange Ventures, with participation from Wille Finance, La Maison Partners, New Alpha Asset Management, Adelie Capital and ISAI.

Key Points:

Supervizor, the leading plug and play Quality Assurance platform for finance teams, announced it has raised $22 million in a funding round led by Orange Ventures, with participation from Wille Finance, La Maison Partners, New Alpha Asset Management, Adelie Capital and ISAI.
Since 2016, Supervizor has helped global organizations safeguard against financial and compliance risks to build error-proof financial statements ensuring the highest quality standards.
Using Supervizor, finance, accounting and compliance teams can continuously monitor transactions, detect multiple types of anomalies, and prevent fraudulent activities to provide an unrealized-to-date level of financial Quality Assurance.
Discover how Supervizor can help your finance team build error-proof financial statements to ensure the highest quality financial standards by seeing Supervizor in action.

Fosun's Next Step: "Deep Mining" for Stable Profits

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목요일, 3월 28, 2024

With the implementation of the business streamlining strategy, Fosun divested some non-core businesses that had previously provided stable cash flows.

Key Points:

With the implementation of the business streamlining strategy, Fosun divested some non-core businesses that had previously provided stable cash flows.
The subsequent improvement in cash flow has brought market attention to how Fosun will sustain stable profit growth as it did over the past decade.
The results announcement shows that Fosun's focus on its core businesses in the household consumption sector has gradually yielded results.
Leveraging on the two core growth drivers of innovation and globalization, Fosun has continued to deepen its efforts in advantageous industries and reap more stable profits.

Club Med, the Pioneer of the All-Inclusive Concept, Announces New Environmental Conservation Programs and CSR Initiatives in Celebration of Earth Month

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수요일, 4월 3, 2024

"As we celebrate Earth Month, we are proud to reaffirm our commitment to sustainability through our Happy to Care program.

Key Points:

"As we celebrate Earth Month, we are proud to reaffirm our commitment to sustainability through our Happy to Care program.
Green Globe and BREAAM Certifications: Marking continuous improvement in the sustainable approach of operations, Green Globe Certification for Club Med Michès Playa Esmeralda, Club Med Punta Cana, Club Med Turkoise, Club Med Ixtapa Pacific, Club Med Cancún and Club Med Québec Charlevoix.
Environmental Partnerships: Turtle monitoring and protection program in Club Med Ixtapa Pacific, Club Med Cancún and Club Med Michès Playa Esmeralda's pioneer program that launched in 2023; Turks and Caicos Reef Fund with interactive workshops on coral reefs at Club Med Turkoise and Club Med Columbus.
For more information, please visit this link and for overall images visit the link here (Credit: Club Med)

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

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화요일, 4월 2, 2024

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points:

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

Retrieved on:

화요일, 4월 2, 2024

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.

Key Points:

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
Industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun International: Total Revenue for 2023 Reached RMB198.2 billion, Industrial Operation Profit Increased by 20% YoY

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수요일, 3월 27, 2024

HONG KONG, March 27, 2024 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today announced its annual results for the year ended 31 December 2023 (the "Reporting Period").

Key Points:

During the Reporting Period, the Group achieved a total revenue of RMB198.2 billion, representing a year-on-year increase of 8.6%.
Thanks to the Group's global business presence and continuous innovation, industrial operation profit reached RMB4.9 billion, representing a year-on-year increase of 20%.
Total revenue of the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal and Fosun Tourism Group (FTG), was RMB142.69 billion, representing a year-on-year increase of 8%, contributing 72% of the revenue.
In 2023, Fosun's overseas revenue reached RMB89.2 billion, representing a year-on-year growth of 6% and accounting for 45% of the total revenue.

Fosun Family Season Concludes with Over RMB10 Billion in Sales and Booming Family Consumption

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월요일, 2월 26, 2024

This year's Fosun Family Season was held during the Chinese New Year period for the first time.

Key Points:

This year's Fosun Family Season was held during the Chinese New Year period for the first time.
Highlights of this year's Fosun Family Season include total sales exceeding RMB10 billion, the overseas debut of Yuyuan Garden Lantern Festival, and the digital construction of Fosun Family Season.
With an emphasis on "stability" and even stronger emphasis on "progress" and "establishment", the highlights of this year's Fosun Family Season sent a more positive signal of high-quality development.
To date, this year's Yuyuan Garden Lantern Festival attracted more than 4 million visitors, and the sales performance during the holiday significantly improved.

Guo Guangchang's New Year's Message: Steer Through the Rapids, Believe in the Future

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수요일, 1월 3, 2024

Fosun International, Family, Travel, Skiing, Attention, City, Fosun Pharma, Hope, Happiness, Health, Federal Reserve, Eye, Hobby, Love, Carcinoma, New Year's, Dragon, Patient, Yu Garden, Club Med, Wolf, Tourism

Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.

Key Points:

Club Med and Atlantis Sanya under Fosun Tourism Group achieved their best performance over the same period.
In particular, Alps Snow Live in Taicang has gained widespread attention and popularity since its opening and became an internet-famous.
In the future, we will combine our own characteristics, focus on these industries and further develop high value-added businesses.
Believe in yourself and the future in 2024.

Club Med Expands NICE CXone including Smart AI-Based Routing Across its Global Workforce to Improve Operational Efficiencies

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화요일, 11월 14, 2023

NICE (Nasdaq: NICE) today announced that Club Med , a worldwide leader in premium all-inclusive vacations, has successfully expanded its deployment of NICE CXone into its global operations, providing advanced remote work capabilities for agents and real-time statistics to improve operational efficiencies worldwide.

Key Points:

NICE (Nasdaq: NICE) today announced that Club Med , a worldwide leader in premium all-inclusive vacations, has successfully expanded its deployment of NICE CXone into its global operations, providing advanced remote work capabilities for agents and real-time statistics to improve operational efficiencies worldwide.
Headquartered in France with a workforce spread across 40 commercial markets, Club Med first replaced its incumbent solution in Europe to improve call routing capabilities and provide more visibility into its overall operations.
Building on this success, Club Med expanded the use of CXone into the Americas and added further value with the addition of CXone Workforce Management, and CXone Interaction Analytics.
CXone is poised to assist Club Med in their future endeavors to provide an enhanced customer experience.”