ROCE

EQS-News: technotrans increases revenue by 10 % and confirms strategic targets for 2025

Retrieved on: 
Wednesday, April 10, 2024

A strategy review conducted in the period under review confirmed the Group's overall strategic direction.

Key Points: 
  • A strategy review conducted in the period under review confirmed the Group's overall strategic direction.
  • The strategic targets for 2025 have been confirmed.
  • The technotrans Group increased consolidated revenue by 10 % to € 262.1 million in the 2023 financial year (previous year: € 238.2 million).
  • We are starting the new financial year 2024 with a sharper strategic focus and a high level of motivation.

EQS-News: CEWE is planning further turnover and earnings growth in 2024

Retrieved on: 
Wednesday, April 10, 2024

The targets for 2023 have thus clearly been achieved: CEWE had planned Group turnover in the range of 720 to 780 million euros and EBIT of up to 82 million euros for 2023.

Key Points: 
  • The targets for 2023 have thus clearly been achieved: CEWE had planned Group turnover in the range of 720 to 780 million euros and EBIT of up to 82 million euros for 2023.
  • CEWE is also planning further growth for the 2024 financial year: Group turnover is expected to reach a value in the range of 770 to 820 million euros in 2024, while Group EBIT is expected to be in the corridor of 77 to 87 million euros.
  • Turnover in the core business segment of Photofinishing rose significantly by 42.7 million euros or +6.9% to 658.8 million euros in 2023 (photofinishing turnover in 2022: 616.1 million euros).
  • Group turnover is expected to be in the range of EUR 770 million to EUR 820 million in 2024.

EQS-News: JOST closes fiscal year 2023 successfully and proposes a dividend of EUR 1.50 per share

Retrieved on: 
Wednesday, April 10, 2024

Consolidated sales declined slightly in 2023 by 1.2% to EUR 1,249.7 million year-over-year (2022: EUR 1,264.6 million).

Key Points: 
  • Consolidated sales declined slightly in 2023 by 1.2% to EUR 1,249.7 million year-over-year (2022: EUR 1,264.6 million).
  • As a result, adjusted EBIT rose by 13.7% to EUR 140.8 million in fiscal year 2023, strongly outpacing sales (2022: EUR 123.8 million).
  • The net financial result declined by EUR 12.7 million to EUR -21.3 million in 2023 (2022: EUR -8.6 million).
  • JOST strongly increased its free cash flow to EUR +112.3 million in 2023 compared to 2022 (2022: EUR +23.7 million).

EQS-News: Krones plans to pay dividend of €2.20 per share for successful 2023 financial year

Retrieved on: 
Wednesday, April 10, 2024

The steeply rising demand for resource-efficient, low-emission machinery, systems and solutions will contribute significantly to the continuation of Krones’ profitable growth course.

Key Points: 
  • The steeply rising demand for resource-efficient, low-emission machinery, systems and solutions will contribute significantly to the continuation of Krones’ profitable growth course.
  • Alongside digitalisation and service quality, sustainability is a strategic focus for Krones and is the most important driver of innovation and growth.
  • Krones increased revenue by 12.2% in the financial year 2023 compared to 2022, from €4,209.3 million to €4,720.7 million.
  • The company thus exceeded the upgraded growth target of 11% to 13% published in July 2023 (previously: 8% to 11%).

EQS-News: Salzgitter AG: Diversification paying off – satisfactory result despite increasingly difficult market environment

Retrieved on: 
Wednesday, April 10, 2024

Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.

Key Points: 
  • Consolidated external sales decreased to € 10.8 billion, due above all to the downtrend in average revenue for steel products.
  • Business development in the first quarter of 2024 continued to be impacted by the adverse circumstances in the second half of 2023.
  • As a result, EBITDA contracted to € 677.0 million (2022: € 1,618.2 million) and earnings before taxes to € 238.4 million (2022: € 1,245.4 million).
  • The result includes a contribution of € 40.0 million from Aurubis AG (2022: € 156.3 million), an investment included at equity (IFRS accounting).

EQS-News: SGL Carbon achieves annual targets for 2023 and invests more in growth markets

Retrieved on: 
Wednesday, April 10, 2024

The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.

Key Points: 
  • The contribution of the individual business units to SGL Carbon's adjusted EBITDA reflects the sales development already described.
  • The projected operating loss of CF will have a negative impact on the adjusted EBITDA of the SGL Carbon Group in 2024.
  • We will continue to expand production capacities in this sector to secure future profitable growth for SGL Carbon.
  • Further details on business development in 2023 and the outlook for 2024 can be found in SGL Carbon's Annual Report.

Conditional Share Awards

Retrieved on: 
Thursday, March 28, 2024

Serabi announces that on 27 March 2024 the Board of Directors agreed to award in aggregate 310,922 Conditional Share Awards to employees of the Company.

Key Points: 
  • Serabi announces that on 27 March 2024 the Board of Directors agreed to award in aggregate 310,922 Conditional Share Awards to employees of the Company.
  • None of the awards have been made to Directors of the Company The awards are part of the Company's normal compensation review for senior management and the issuance is made under the Serabi 2020 Restricted Share Plan (the “2020 Plan”) which was approved by shareholders on 16 June 2020 and adopted by the Board on 10 November 2020.
  • The underlying shares to be issued pursuant to each of the Conditional Share Awards will only be issued and the rights transferred to the employees after the completion of the performance period and only in such amount (if any) as is required based on the achievement of the performance criteria.
  • Following these latest awards there are 2,814,541 Conditional Share Awards in issue representing 3.7% of the issued share capital of the Company.

SilverBow Resources Highlights Successful Implementation of Strategy and Positive Business Momentum

Retrieved on: 
Thursday, March 28, 2024

SilverBow has been successfully implementing our strategy of building a scalable and durable portfolio, driving efficiencies and enhancing margins, protecting the balance sheet, and delivering profitable growth.

Key Points: 
  • SilverBow has been successfully implementing our strategy of building a scalable and durable portfolio, driving efficiencies and enhancing margins, protecting the balance sheet, and delivering profitable growth.
  • From 2020 to 2023, we have more than doubled our portfolio to approximately 1,000 gross locations across 220,000 acres.
  • Our strategy has proven to be resilient through market cycles and has delivered significant shareholder value, with total shareholder returns of more than 550% since 2021.
  • Our results are telling a clear story of the positive momentum in our business.

Global AI Data Center Switch Market Analysis 2024, Featuring Nvidia, Cisco, Hewlett Packard, Dell, Huawei, Broadcom, Arista Networks, Juniper Networks, Celestica, Marvell Technology & Quanta Computer - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

In the rapidly evolving landscape of AI data center switches, several trends are poised to shape the market.

Key Points: 
  • In the rapidly evolving landscape of AI data center switches, several trends are poised to shape the market.
  • However, the Ethernet switches are gaining significant traction in the AI data center networking market and are expected to become the dominant technology.
  • The surge in AI and machine learning (ML) tech adoption fuels growth in the AI data center switch market.
  • The AI data center switch market is dominated by three major players, holding approximately 90% of the market share.

Global AI Data Center Switch Market Outlook Report 2024-2029: AI-Powered Automation Drives Demand for Next-Gen Data Center Switches

Retrieved on: 
Friday, March 29, 2024

In the rapidly evolving landscape of AI data center switches, several trends are poised to shape the market.

Key Points: 
  • In the rapidly evolving landscape of AI data center switches, several trends are poised to shape the market.
  • However, the Ethernet switches are gaining significant traction in the AI data center networking market and are expected to become the dominant technology.
  • The surge in AI and machine learning (ML) tech adoption fuels growth in the AI data center switch market.
  • The AI data center switch market is dominated by three major players, holding approximately 90% of the market share.