ROCE

EQS-News: CEWE starts the most important quarter of the year with a lead in earnings

Retrieved on: 
Thursday, December 14, 2023

Group EBIT improved to 1.2 million euros in the third quarter (Q3 2022: 1.0 million euros).

Key Points: 
  • Group EBIT improved to 1.2 million euros in the third quarter (Q3 2022: 1.0 million euros).
  • During this period, the Photofinishing EBIT improved by +2.7 million euros to 1.8 million euros (Q1-3 2022: -0.9 million euros).
  • EBIT improved by a strong +1.5 million euros to 1.5 million euros in this period (Q1-3 2022: 0.0 million euros).
  • Including the futalis company, Group turnover for Q1-3 would be +6.7 million euros higher (Q1-3 2022: +6.2 million euros), while EBIT would be -1.5 million euros lower (Q1-3 2022: +0.2 million euros).

Capital Markets Day 2023

Retrieved on: 
Wednesday, December 13, 2023

This provides Comet with a leading position in these markets and numerous catalysts that boost growth.

Key Points: 
  • This provides Comet with a leading position in these markets and numerous catalysts that boost growth.
  • Like PCT, the two x-ray divisions X-Ray Systems (IXS) and X-Ray Modules (IXM) have made significant progress in their realignment towards growth and future markets.
  • IXM has successfully placed its technologically leading x-ray tubes and modules in the target markets of semiconductors, electronics, and batteries.
  • Comet will hold a Capital Markets Day in the form of an in-person event on November 9, 2023, from 9:30 am to 12:15 pm CET at the Hotel Widder in Zurich, Switzerland.

EQS-News: GEA with improved EBITDA margin and strong free cash flow in third quarter; outlook for 2023 confirmed

Retrieved on: 
Wednesday, December 13, 2023

GEA with improved EBITDA margin and strong free cash flow in third quarter; outlook for 2023 confirmed

Key Points: 
  • GEA with improved EBITDA margin and strong free cash flow in third quarter; outlook for 2023 confirmed
    The issuer is solely responsible for the content of this announcement.
  • With only a slight change in investing activities, free cash flow rose sharply by 81.0 percent to EUR 186.9 million (Q3 2022: EUR 103.3 million).
  • We managed to convert virtually all of our EBITDA into free cash flow,” adds CFO Bernd Brinker.
  • At the same time, GEA aims improve the EBITDA margin before restructuring expenses to at least 14.0 percent.

Interim report for the first nine months of 2023 – Ceased the development of Ocean Wind 1 and Ocean Wind 2, took final investment decision on Revolution Wind, and impairment losses of DKK 28.4 billion

Retrieved on: 
Tuesday, November 7, 2023

Interim report for the first nine months of 2023 – Ceased the development of Ocean Wind 1 and Ocean Wind 2, took final investment decision on Revolution Wind, and impairment losses of DKK 28.4 billion

Key Points: 
  • Interim report for the first nine months of 2023 – Ceased the development of Ocean Wind 1 and Ocean Wind 2, took final investment decision on Revolution Wind, and impairment losses of DKK 28.4 billion
    Today, Ørsted’s Board of Directors approved the interim report for the first nine months of 2023.
  • Excluding new partnerships, EBITDA amounted to DKK 15.4 billion, DKK 1.0 billion higher than in the same period last year.
  • The majority of these (DKK 19.9 billion) relates to our US offshore project Ocean Wind 1.
  • “Therefore, as part of our ongoing review of our US offshore wind portfolio, we’ve decided to cease the development of Ocean Wind 1 and Ocean Wind 2.

EQS-News: Krones records strong growth in first three quarters of 2023 and significantly improves profitability

Retrieved on: 
Tuesday, November 7, 2023

After a successful first half of the year, the third quarter of 2023 also went well for Krones.

Key Points: 
  • After a successful first half of the year, the third quarter of 2023 also went well for Krones.
  • The company significantly improved profitability in a challenging environment in the first three quarters of 2023.
  • In addition, the company aims to further improve profitability and forecasts an EBITDA margin of 9% to 10% in 2023.
  • In addition, Krones aims to further improve profitability and plans an EBITDA margin of 9% to 10% for the group in 2023 (2022: 8.9%).

EQS-News: technotrans maintains revenue growth and realises EBIT rise in Q3 2023

Retrieved on: 
Tuesday, November 7, 2023

Sassenberg, November 7, 2023 - technotrans remains on course for growth.

Key Points: 
  • Sassenberg, November 7, 2023 - technotrans remains on course for growth.
  • The main growth drivers were technotrans' focus markets, with Energy Management developing the strongest momentum with an increase of 87 %.
  • The 2023 full year guidance, as adjusted on August 2, 2023, of generating consolidated revenue at the upper end of the range between € 255 million and € 265 million with an EBIT margin of between 5.0 % and 6.0 % is confirmed.
  • The technotrans Group generated consolidated revenue of € 199.3 million in the first 9 months of the 2023 financial year (previous year: € 176.8 million).

The Tile Shop Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

The Company uses several non-GAAP financial measures to manage its business including Adjusted EBITDA, adjusted EBITDA margin and pretax Return on Capital Employed (ROCE).

Key Points: 
  • The Company uses several non-GAAP financial measures to manage its business including Adjusted EBITDA, adjusted EBITDA margin and pretax Return on Capital Employed (ROCE).
  • The Company believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and results of operations.
  • These measures are used in monthly financial reports prepared for management and the Board of Directors.
  • In order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results.

IBM Unleashes the Potential of Data and AI with its Next-Generation IBM Storage Scale System 6000

Retrieved on: 
Tuesday, October 31, 2023

ARMONK, N.Y., Oct. 31, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) introduced the new IBM Storage Scale System 6000, a cloud-scale global data platform designed to meet today's data intensive and AI workload demands, and the latest offering in the IBM Storage for Data and AI portfolio.

Key Points: 
  • ARMONK, N.Y., Oct. 31, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM ) introduced the new IBM Storage Scale System 6000, a cloud-scale global data platform designed to meet today's data intensive and AI workload demands, and the latest offering in the IBM Storage for Data and AI portfolio .
  • "IBM Storage Scale System 6000 gives clients the ability to do just that – brings together data from core, edge, and cloud into a single platform with optimized performance for GPU workloads."
  • The IBM Storage Scale System 6000 is optimized for storing semi-structured and unstructured data including video, imagery, text, instrumentation data, etc., that is generated daily and accelerates an organization's digital footprint across hybrid environments.
  • Storage Scale software, the global data platform for unstructured data that powers the Scale System 6000, connects data with an open ecosystem of multi-vendor storage options including AWS, Azure, IBM Cloud and other public clouds, in addition to IBM Storage Tape.

IBM Unleashes the Potential of Data and AI with its Next-Generation IBM Storage Scale System 6000

Retrieved on: 
Tuesday, October 31, 2023

ARMONK, N.Y., Oct. 31, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM) introduced the new IBM Storage Scale System 6000, a cloud-scale global data platform designed to meet today's data intensive and AI workload demands, and the latest offering in the IBM Storage for Data and AI portfolio.

Key Points: 
  • ARMONK, N.Y., Oct. 31, 2023 /PRNewswire/ -- Today, IBM (NYSE: IBM ) introduced the new IBM Storage Scale System 6000, a cloud-scale global data platform designed to meet today's data intensive and AI workload demands, and the latest offering in the IBM Storage for Data and AI portfolio .
  • "IBM Storage Scale System 6000 gives clients the ability to do just that – brings together data from core, edge, and cloud into a single platform with optimized performance for GPU workloads."
  • The IBM Storage Scale System 6000 is optimized for storing semi-structured and unstructured data including video, imagery, text, instrumentation data, etc., that is generated daily and accelerates an organization's digital footprint across hybrid environments.
  • Storage Scale software, the global data platform for unstructured data that powers the Scale System 6000, connects data with an open ecosystem of multi-vendor storage options including AWS, Azure, IBM Cloud and other public clouds, in addition to IBM Storage Tape.

Renewi plc: Response to Rule 2.8 termination announcement from Macquarie Asset Management

Retrieved on: 
Friday, October 27, 2023

As a result, Macquarie is bound by the restrictions set out in Rule 2.8 of the Takeover Code.

Key Points: 
  • As a result, Macquarie is bound by the restrictions set out in Rule 2.8 of the Takeover Code.
  • The Board carefully assessed this Revised Proposal with its advisers and also considered the recent feedback it had received from Renewi shareholders.
  • The Board rejected this Revised Proposal on the basis that it continued to fundamentally undervalue Renewi and its prospects.
  • However, the price level of the Revised Proposal did not provide a basis to provide Macquarie with access to due diligence.