ROCE

FS Launches Cutting-Edge 1.6T OSFP Cable: Setting a New Benchmark for Ultra-High-Speed Connectivity

Retrieved on: 
Friday, September 13, 2024
Data Management, Technology, Other Technology, Telecommunications, Networks, Internet, Hardware, Machine learning, Architecture, FS, DAC, Education, InfiniBand, ROCE, HPC, OSFP, ISP, ICT, Copper, Online shopping

FS, a trusted provider of ICT products and solutions, unveiled its latest innovative 1.6T OSFP Close Top DAC cables .

Key Points: 
  • FS, a trusted provider of ICT products and solutions, unveiled its latest innovative 1.6T OSFP Close Top DAC cables .
  • With the release of NVIDIA’s rack-scale solution GB200 NVL72, the demand for optics and transceivers is accelerating from 800G to 1.6T.
  • FS ultra-high-speed direct attached copper connectivity solutions emerged, empowering global professional enterprises to build next-generation accelerated computing networks.
  • Notably, FS 1.6T OSFP DAC cables are designed for use in Ethernet and InfiniBand systems.

EQS-News: JOST presents growth strategy and its 2030 ambitions

Retrieved on: 
Tuesday, September 10, 2024
EUR, EPS, ROCE, Capital market, Growth, Automation, Tax, CFO, Transport, Original equipment manufacturer

JOST sets out a clear goal for its relevant markets and product areas: Be the No.

Key Points: 
  • JOST sets out a clear goal for its relevant markets and product areas: Be the No.
  • Neu-Isenburg, September 10, 2024 - JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems for the commercial vehicle industry, today presented its growth strategy and 2030 ambitions at its Capital Markets Day in Neu-Isenburg, Germany.
  • We want to significantly increase JOST's shareholder value and are confident that with our strategy we will be able to achieve our ambitious targets by 2030."
  • The combination of organic growth and strategic value-accretive acquisitions should allow JOST to achieve sales of more than EUR 2 billion by 2030 (2023: EUR 1.2 billion).

InfiniBand Trade Association Announces Unprecedented Membership Growth and Record-Breaking Plugfest Participation

Retrieved on: 
Tuesday, September 10, 2024
Technology, Mobile, Wireless, Audio, Video, Artificial Intelligence, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Semiconductor, Data Management, Consumer Electronics, VoIP, AI, XDR, Volume One, Data center bridging, IBTA, ROCE, InfiniBand, OSFP, RDMA, Artificial intelligence, Video game

In a significant development, the IBTA has experienced a massive increase in membership , more than doubling in size since 2023, signaling robust industry confidence in the future of InfiniBand and RoCE technologies.

Key Points: 
  • In a significant development, the IBTA has experienced a massive increase in membership , more than doubling in size since 2023, signaling robust industry confidence in the future of InfiniBand and RoCE technologies.
  • The surge in membership underscores the vital role these technologies play in enabling artificial intelligence (AI) and scientific computing workloads.
  • The recent Annual IBTA Plugfest saw the greatest participation to date, with 20 different members actively participating, including four leading test equipment vendors.
  • This high level of participation and rigorous testing further solidifies the reliability and compatibility of InfiniBand and RoCE solutions in real-world deployments.

EQS-News: Group sales fall by 7.1 % to EUR 795.7 million in the first half of 2024

Retrieved on: 
Thursday, August 29, 2024
EAT, Investment, News, EUR, Tax, Weather, Uncertainty, ROCE, EBT, Growth

Furthermore, the Sto Group's business development in the first half of 2024 was significantly influenced by unfavourable weather conditions.

Key Points: 
  • Furthermore, the Sto Group's business development in the first half of 2024 was significantly influenced by unfavourable weather conditions.
  • In July 2024, consolidated turnover slightly exceeded the previous year’s value but remained below the initial expectations.
  • On balance, segment turnover increased by 2.2 % to EUR 102.4 million compared to the same period of the previous year (previous year: EUR 100.2 million).
  • Group EBIT fell by 49.7 % to EUR 29.3 million (previous year: EUR 58.2 million) and EBT by 47.7 % to EUR 30.3 million (previous year: EUR 57.9 million).

EQS-News: CEWE remains strong: turnover and earnings growth also in the second quarter

Retrieved on: 
Monday, August 19, 2024
Online, Growth, COP, Economic development, Commercial, Printing, ROCE, SDAX, Lens

Oldenburg, August 15, 2024 - CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) remains on the success track in the second quarter after the strong start of the year in Q1 with significant growth in turnover and increased earnings: Q2 Group turnover grows by +8.2% to 151.5 million euros (Q2 2023: 140.0 million euros), Group EBIT improves by +1.4 million euros or +34.4% to -2.7 million euros (Q2 2023: -4.1 million euros) in Q2, which is traditionally negative due to seasonal factors.

Key Points: 
  • Oldenburg, August 15, 2024 - CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) remains on the success track in the second quarter after the strong start of the year in Q1 with significant growth in turnover and increased earnings: Q2 Group turnover grows by +8.2% to 151.5 million euros (Q2 2023: 140.0 million euros), Group EBIT improves by +1.4 million euros or +34.4% to -2.7 million euros (Q2 2023: -4.1 million euros) in Q2, which is traditionally negative due to seasonal factors.
  • The earnings growth was mainly driven by the Photofinishing business segment (plus 3.4 million euros in EBIT) and Commercial Online-Print (plus 1.0 million euros in EBIT).
  • With Q2 sales growth of +11.0% to 122.6 million euros (Q2 2023: 110.4 million euros), photofinishing sales in the first half of 2024 rose significantly by +10.0% to 260.2 million euros (H1 2023: 236.5 million euros).
  • The photofinishing EBIT improved by + 1.0 million euros to -3.1 million euros in the second quarter (Q2 2023: -4.1 million euros).

Interim report for the first half year of 2024 – increased earnings from offshore sites, progress on our business plan, and commissioning of around 2 GW renewable capacity

Retrieved on: 
Monday, August 19, 2024
DKK, Comment, ROCE, Farm, Wind, Hydrogen, Revolution, Gode Wind Farm, Renewable energy

Interim report for the first half year of 2024 – increased earnings from offshore sites, progress on our business plan, and commissioning of around 2 GW renewable capacity

Key Points: 
  • Interim report for the first half year of 2024 – increased earnings from offshore sites, progress on our business plan, and commissioning of around 2 GW renewable capacity
    Today, Ørsted’s Board of Directors approved the interim report for the first half year of 2024.
  • Ørsted's operations are performing well, and particularly the earnings from our offshore wind farms, and thus our core business, have increased.
  • Therefore, we maintain our EBITDA guidance for the full year, and we increase our earnings expectations for our offshore wind business.
  • “Despite encouraging progress on our US offshore wind project Revolution Wind, the construction of the onshore substation for the project has been delayed.

EQS-News: technotrans significantly increases earnings in Q2 and remains on track for the total year

Retrieved on: 
Wednesday, August 14, 2024
Management, Print, Energy management, ROCE, Fine chemical

This is proven by a significantly higher EBIT margin of 6.2 % in Q2 2024 compared with Q1 (0.7%).

Key Points: 
  • This is proven by a significantly higher EBIT margin of 6.2 % in Q2 2024 compared with Q1 (0.7%).
  • On this basis, the Board of Management expects increasing revenue and earnings momentum in the second half of 2024.
  • We therefore remain on track in the first half of the year in terms of our revenue and earnings expectations.
  • The technotrans Group generated revenue of € 115.3 million in the first half of 2024 (previous year: € 132.5 million).

EQS-News: Salzgitter AG delivers a pre-tax result at breakeven in the first half of 2024

Retrieved on: 
Wednesday, August 14, 2024
Aurubis, Steel, KHS, Tax, Classification, Investment, Wind, LESS, Salzgitter, Policy, Sale, Depreciation, Mannesmann, ROCE

In the first half of 2024, the Salzgitter Group recorded earnings before interest, taxes, depreciation and amortization (EBITDA) of € 233.6 million and a pre-tax profit of € 11.5 million.

Key Points: 
  • In the first half of 2024, the Salzgitter Group recorded earnings before interest, taxes, depreciation and amortization (EBITDA) of € 233.6 million and a pre-tax profit of € 11.5 million.
  • By contrast, the Technology Business Unit’s very gratifying earnings and the contribution from the participating investment in Aurubis AG boosted the consolidated result.
  • As a result of the prices of most rolled steel products trending down, the Salzgitter Group’s external sales dropped to € 5.24 billion (H1 2023: € 5.84 billion).
  • The result includes an after-tax contribution of € 70.6 million from Aurubis AG (H1 2023: € – 2.4 million), an investment included at equity (IFRS accounting).

Siemon Participates in IBTA RoCE Plugfest with 200, 400 & 800G High-Speed Cable Assemblies

Retrieved on: 
Thursday, August 8, 2024
NIC, The Siemon Company, QSFP, Data center bridging, Original equipment manufacturer, AOC, MSA, OSFP, Ecosystem, NVIDIA, ROCE, IBTA, Siemon, DAC, RDMA, Asset management

WATERTOWN, Conn., Aug. 8, 2024 /PRNewswire-PRWeb/ -- The Siemon Company, a global leader in network infrastructure solutions, announced today its participation in the InfiniBand Trade Association® (IBTA) RDMA over Converged Ethernet (RoCE) Plugfest. The RoCE system setup included industry-leading OEMs connecting switches and NICs with MSA-compliant Ethernet cables. Rigorously testing performance standards and interoperability at 200GbE, 400GbE, and 800GbE, Siemon passed results on the published IBTA Integrators' List connecting with Arista® and NVIDIA® Spectrum switches, as well as NVIDIA ConnectX®7, Bluefield 3, and Broadcom® NICs in high-speed switch-to-switch and switch-to server applications.

Key Points: 
  • The Siemon Company, a global leader in network infrastructure solutions, announced its participation in the InfiniBand Trade Association® (IBTA) RDMA over Converged Ethernet (RoCE) Plugfest.
  • WATERTOWN, Conn., Aug. 8, 2024 /PRNewswire-PRWeb/ -- The Siemon Company, a global leader in network infrastructure solutions, announced today its participation in the InfiniBand Trade Association® (IBTA) RDMA over Converged Ethernet (RoCE) Plugfest.
  • The RoCE system setup included industry-leading OEMs connecting switches and NICs with MSA-compliant Ethernet cables.
  • You can find the latest RoCE Integrators' List here: https://www.infinibandta.org/integrators-list/
    For more information on Siemon Generative AI Solutions, please visit www.siemon.com/ai .

EQS-News: GEA boosts profitability in second quarter of 2024

Retrieved on: 
Wednesday, August 7, 2024
GEA, Growth, EUR, Time (magazine), BBB, Food, TIME, Separation, Statista, ROCE, Share repurchase

The market environment continues to be challenging, but we are confident about the second half of the year.”

Key Points: 
  • The market environment continues to be challenging, but we are confident about the second half of the year.”
    Order intake in the second quarter of 2024 was down 6.7 percent to EUR 1,289.4 million (Q2 2023: EUR 1,381.4 million).
  • EBITDA before restructuring expenses improved by 4.7 percent to EUR 200.6 million in the second quarter, mainly due to the higher gross profit.
  • Profit for the period rose to EUR 98.8 million, compared to EUR 97.8 million in the second quarter of 2023.
  • In May 2024, Fitch confirmed its BBB credit rating for GEA and raised the outlook from stable to positive.