ROCE

EQS-News: KION Group delivers strong earnings and free cash flow in the first nine months of 2023 and raises outlook

Retrieved on: 
Thursday, October 26, 2023
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“The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.

Key Points: 
  • “The significant upward trajectory of KION Group is once again underscored by these strong results for the first nine months of this year”, says Rob Smith, Chief Executive Officer of KION GROUP AG.
  • The Group generated free cash flow of €329.3 million (Q1–Q3 2022: € minus 971.9 million) during the reporting period.
  • In the third quarter of 2023, the KION Group once again significantly increased its earnings and margins compared with the corresponding quarter of 2022.
  • The outlook had originally been published on March 2, 2023 and was most recently updated in July 2023.

Tachyum Books Purchase Order to Build System with 25,000x ChatGPT4 Capacity and 25x Faster than Current Supercomputers

Retrieved on: 
Tuesday, October 3, 2023
Semiconductor, Hardware, Data Management, Other Technology, Technology, ROCE, Neuron, DRAM, TAI, Research, Brain, IP, Government, CAPEX, HPC, Prodigy, OPEX, AI, Universal, Memory, Economics, GPU, Video game, Computer data storage

Prodigy, the world’s first Universal Processor, is engineered to transform the capacity, efficiency and economics of datacenters through its industry-leading performance for hyperscale, high-performance computing and AI workloads.

Key Points: 
  • Prodigy, the world’s first Universal Processor, is engineered to transform the capacity, efficiency and economics of datacenters through its industry-leading performance for hyperscale, high-performance computing and AI workloads.
  • When complete, the Prodigy-powered system will deliver a 25x multiplier vs. the world’s fastest conventional supercomputer built just this year, and will achieve AI capabilities 25,000x larger than models for ChatGPT4.
  • Exascale supercomputers can quickly analyze and process massive amounts of data to solve complex problems that had previously been intractable.
  • Prodigy overdelivers on traditional exascale capabilities by providing industry-leading performance, significantly reduced energy consumption, improved server utilization and space efficiency.

EQS-News: Aurubis AG: Extraordinary inventory completed and new forecast for 2022/23 fiscal year

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Monday, September 25, 2023
Insurance, Selenium, Theft, Recycling, Zinc, Metal, Bank statement, Aurubis, Tax, Light, Supervisory board, Lead, Crime, Natural Resources, Frankfurt Stock Exchange, Sustainability, Nickel, ROCE, Growth, Copper, Tin, Fraud, News, MDAX, Security (finance), Cryptocurrency

Hamburg, September 19, 2023 – Today, Aurubis AG announced the results of the extraordinary inventory that was carried out on August 31, 2023 in the aftermath of the theft and fraud cases.

Key Points: 
  • Hamburg, September 19, 2023 – Today, Aurubis AG announced the results of the extraordinary inventory that was carried out on August 31, 2023 in the aftermath of the theft and fraud cases.
  • Based on these losses and the economic trend expected in Q4 2022/23, Aurubis has adjusted its forecast.
  • For the current 2022/23 fiscal year, the company anticipates an operating result between € 310 and € 350 million.
  • The company had already retracted the previous operating result forecast of € 450 to € 550 million in the ad hoc release dated August 31.

Ørsted announces anticipated impairments on its US portfolio, continues to progress projects

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Tuesday, August 29, 2023
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The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are adversely impacted by a handful of supplier delays.

Key Points: 
  • The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are adversely impacted by a handful of supplier delays.
  • Ørsted has concluded that there is a continuously increasing risk in these suppliers’ ability to deliver on their commitments and contracted schedules.
  • These impacts will lead to impairments of up to DKK 5 billion, assuming no further adverse developments in the supply chains on these projects.
  • Furthermore, the US long-dated interest rates have increased, which affect our US offshore projects and certain onshore projects.

MosaicML Trains Generative AI Models Faster with Oracle

Retrieved on: 
Thursday, August 24, 2023
Cloud, Graphics processing unit, ROCE, LLM, Natural language processing, Organization, NVIDIA, Machine learning, Oracle Cloud, HPC, Data center bridging, Growth, Architecture, AI, OCI, Labs, GPU, RDMA, Software, Video game, Oracle

AUSTIN, Texas, Aug. 24, 2023 /PRNewswire/ -- MosaicML, a software development provider that offers infrastructure and tools for building large-scale machine learning models, selected Oracle Cloud Infrastructure (OCI) as its preferred cloud infrastructure to help enterprises extract more value from their data. With OCI's high-performance AI infrastructure, MosaicML states that it has seen up to 50 percent faster performance and cost savings of up to 80 percent compared to other cloud providers.

Key Points: 
  • "Hundreds of organizations rely on MosaicML's platform to develop and train large, complex generative AI models.
  • MosaicML helps organizations make training and inferencing of AI models more efficient and accessible with its model training capabilities.
  • This has enabled MosaicML to help enterprises and startups operationalize AI models, including Twelve Labs.
  • "We are seeing an influx of AI companies come to OCI to run generative AI models because we can run them faster and more economically than other cloud providers.

EQS-News: CEWE Group increases turnover and earnings in the first half of 2023

Retrieved on: 
Friday, August 11, 2023
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Oldenburg, August 11, 2023 CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has successfully concluded the first half of H1 2023 with +10.7% growth in turnover and an improvement in earnings of +2.2 million euros: Group turnover increased significantly by 29.0 million euros to 299.9 million euros (H1 2022: 270.9 million euros).

Key Points: 
  • Oldenburg, August 11, 2023 CEWE Stiftung & Co. KGaA (SDAX, ISIN: DE 0005403901) has successfully concluded the first half of H1 2023 with +10.7% growth in turnover and an improvement in earnings of +2.2 million euros: Group turnover increased significantly by 29.0 million euros to 299.9 million euros (H1 2022: 270.9 million euros).
  • At the same time, Group EBIT improved by 2.2 million euros to -0.1 million euros (H1 2022: -2.3 million euros).
  • Photofinishing turnover increased significantly by +10.6% to 236.5 million euros in the first half of 2023 (H1 2022: 213.8 million euros).
  • In Q2 2023, turnover of the Photofinishing business segment increased by +9.0% to 110.4 million euros (Q2 2022: 101.2 million euros), EBIT improved by 0.2 million euros to - 4.1 million euros (Q2 2022: - 4.3 million euros).

EQS-News: Salzgitter Aktiengesellschaft: Salzgitter AG with successful first half year 2023

Retrieved on: 
Friday, August 11, 2023
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In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.

Key Points: 
  • In particular, the Steel Processing and Steel Production business units, along with the Technology Business Unit, contributed to this result.
  • This documents the continued very robust balance sheet and strong financial position of Salzgitter AG.
  • As Gunnar Groebler, Salzgitter AG’s Chief Executive Officer, comments:
    “Despite the deterioration in the economic environment, the Salzgitter Group delivered a gratifying half-year result.
  • I am also particularly pleased with the very first evaluation of Salzgitter AG by rating agency EcoVadis that was successfully concluded in June.

EQS-News: GEA continues positive performance in second quarter of 2023 and makes major strides toward achieving its sutainability targets

Retrieved on: 
Thursday, August 10, 2023
GEA, Science, Carbon accounting, Science Based Targets initiative, Food, Electricity, PET, Targets, Addition, Share repurchase, Plant, EUR, EBITDA, Sustainability, ROCE, Water, Whey, Growth, Liquid, Environment, CO2, Lithium, Renewable energy, Pharmaceutical industry, Recycling

The key performance indicators of organic revenue, EBITDA before restructuring expenses and ROCE, again show a significant improvement compared with the prior-year quarter.

Key Points: 
  • The key performance indicators of organic revenue, EBITDA before restructuring expenses and ROCE, again show a significant improvement compared with the prior-year quarter.
  • “We are pleased that our positive development continues and that we were able to maintain this in the second quarter.
  • In the second quarter of 2023, the share of service revenue increased by 0.9 percentage points to 35.5 percent (Q2 2022: 34.6 percent).
  • Profit for the period climbed by 27.5 percent in the second quarter to EUR 97.8 million (Q2 2022: EUR 76.7 million).

Interim report for the first half year of 2023 – continued strong financial performance with high earnings in our offshore business and several new partnerships

Retrieved on: 
Thursday, August 10, 2023
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Operating profit (EBITDA) for the first half year was in line with our expectations and amounted to DKK 10.2 billion.

Key Points: 
  • Operating profit (EBITDA) for the first half year was in line with our expectations and amounted to DKK 10.2 billion.
  • Earnings from offshore sites amounted to DKK 9.0 billion, which was DKK 3.3 billion higher than in the same period last year.
  • Mads Nipper, Group President and CEO of Ørsted, says in a comment to the interim financial report for the first half year of 2023:
    “We're pleased with the results for the first half year of 2023, where our Offshore business is back with strong earnings.
  • However, compared to the guidance provided in our annual report for 2022, we now expect higher earnings in Offshore than initially announced.

EQS-News: technotrans significantly increases consolidated revenue in H1 2023 - temporary effects weigh on result

Retrieved on: 
Tuesday, August 8, 2023
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technotrans used signs of easing in the procurement markets to clear its order backlog, which remained high at € 93 million.

Key Points: 
  • technotrans used signs of easing in the procurement markets to clear its order backlog, which remained high at € 93 million.
  • Against the backdrop of new economic and market-related challenges, the Board of Management is adjusting the forecast for the 2023 financial year.
  • It expects consolidated revenue at the upper end of the range of € 255 to € 265 million.
  • We are therefore satisfied with the revenue performancem,” remarked Michael Finger, Spokesman of the Board of Management of technotrans SE.