Vorstand

EQS-News: Digital transformation specialist init at the beginning of its next growth phase

Retrieved on: 
Wednesday, April 10, 2024

init innovation in traffic systems SE (ISIN DE 0005759807) is at the beginning of a growth phase.

Key Points: 
  • init innovation in traffic systems SE (ISIN DE 0005759807) is at the beginning of a growth phase.
  • This is characterised by trends such as digital transformation, electromobility, mobility as a service, smart ticketing and the increasing use of artificial intelligence.
  • In the context of global efforts to transform transport systems, we have already registered a rising number of tenders for international digital transformation projects,” reports the init Managing Board.
  • In its planning for the 2024 financial year, the init Managing Board therefore projects double-digit growth in revenue and earnings.

Jessica Marlow Elected to Weintraub Tobin Managing Board

Retrieved on: 
Thursday, February 15, 2024

SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Weintraub Tobin is pleased to announce that Jessica Marlow has been elected to the law firm's Managing Board.

Key Points: 
  • SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Weintraub Tobin is pleased to announce that Jessica Marlow has been elected to the law firm's Managing Board.
  • A shareholder in the Entertainment and Digital Media practice group, Jessica is based in Los Angeles with a global practice of groundbreaking young talent.
  • Jessica is one of the youngest senior partners in Weintraub's long history and a trailblazer in the merger of digital and traditional media.
  • Originally from Sacramento, Jessica received her BA from UC Davis, cum laude, before attaining her law degree from Pepperdine University.

EQS-News: Allane Mobility Group: Eckart Klumpp takes up office as CEO

Retrieved on: 
Tuesday, January 2, 2024

Pullach, 2 January 2024 – Eckart Klumpp took up his position as Chief Executive Officer (CEO) of Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, on 1 January 2024.

Key Points: 
  • Pullach, 2 January 2024 – Eckart Klumpp took up his position as Chief Executive Officer (CEO) of Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, on 1 January 2024.
  • In order to ensure an optimal transition together with his predecessor, Eckart Klumpp had already been working in an advisory role at Allane since October 2023.
  • He was appointed CEO by the Supervisory Board of Allane SE at the end of last year.
  • Jochen Klöpper, Chairman of the Supervisory Board of Allane SE: "We are delighted that we have been able to recruit Eckart Klumpp as the new CEO of Allane.

EQS-News: SMA Group reports strong sales and earnings growth after first nine months of the year

Retrieved on: 
Thursday, December 14, 2023

In the first nine months of 2023, consolidated sales increased by 84.7% overall to €1,337.4 million (9M 2022: €724.1 million).

Key Points: 
  • In the first nine months of 2023, consolidated sales increased by 84.7% overall to €1,337.4 million (9M 2022: €724.1 million).
  • The Home Solutions segment more than doubled its sales to €486.2 million after the first nine months of the year (9M 2022: €229.3 million).
  • The Commercial & Industrial Solutions segment also increased its sales significantly by 74.4%, from €191.3 million to €333.7 million.
  • The SMA Managing Board confirms its sales and earnings guidance for the 2023 fiscal year, as adjusted upward again on October 4, 2023.

EQS-News: SMT Scharf AG: Supervisory Board appoints new Managing Board

Retrieved on: 
Tuesday, November 7, 2023

In addition, Mr. Volker Weiss was appointed as a member of the Managing Board as of November 1, 2023.

Key Points: 
  • In addition, Mr. Volker Weiss was appointed as a member of the Managing Board as of November 1, 2023.
  • Prof. Dr. Louis Velthuis, Chairman of the Supervisory Board of SMT Scharf AG, comments: “We are very pleased that Mr. Reinhard Reinartz and Mr. Volker Weiss have decided to assume the roles of CEO and CFO respectively at SMT Scharf AG.
  • Overall, the SMT Scharf Group is active with subsidiaries in seven countries, as well as commercial agencies worldwide.
  • SMT Scharf generates a large share of its revenue in growing foreign markets such as China, Russia, Poland and South Africa.

EQS-News: ABO Wind AG: Successful first half year reported

Retrieved on: 
Thursday, August 31, 2023

The consolidated financial statement for the first half of the year underlines the good development of ABO Wind AG.

Key Points: 
  • The consolidated financial statement for the first half of the year underlines the good development of ABO Wind AG.
  • In the first half of the year, the surplus was 8.9 million euros (same period last year: 9.6 million euros).
  • At 71.3 million euros, the turnover from construction services was particularly higher than in the first half of 2022 (44 million euros).
  • When securing locations, ABO Wind pays attention not only to good wind conditions but also to access to ports.

EQS-News: SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments

Retrieved on: 
Thursday, August 10, 2023

SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments

Key Points: 
  • SMA Group continues on growth path: First half year with significant increase in sales and earnings as well as faster profitability improvement in all segments
    The issuer is solely responsible for the content of this announcement.
  • The Home Solutions segment more than doubled its sales to €327.3 million (H1 2022: €135.5 million) in the first half of the year.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased significantly from €15.9 million in the first half of 2022 to €125.3 million.
  • The SMA Group is solidly financed and generated a positive free cash flow of €80.6 million in the first half of 2023.

Shanghai Electric Shares A Long-term Cooperation Opportunity with Siemens, Strengthening Innovation in New Energy and Healthcare

Retrieved on: 
Tuesday, July 11, 2023

SHANGHAI, July 11, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") discussed the long-term cooperation opportunity with Siemens to boost technological innovation in the healthcare and energy sectors in a recent visit paid by the top executives from Siemens Healthineers and Siemens Energy.

Key Points: 
  • SHANGHAI, July 11, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") discussed the long-term cooperation opportunity with Siemens to boost technological innovation in the healthcare and energy sectors in a recent visit paid by the top executives from Siemens Healthineers and Siemens Energy.
  • Karim Amin acknowledged the remarkable achievements of collaboration between Shanghai Electric and Siemens and offered insights into Siemens Energy's business development.
  • "Siemens Energy aims to deepen strategic cooperation with Shanghai Electric to support China's effort to achieve energy transformation.
  • Since the acquisition of Westinghouse Electric over two decades ago, Siemen has been a key partner of Shanghai Electric in the energy sector, with the two companies co-developing clean, efficient power solutions with a joint venture, Shanghai Electric Power Generation Equipment.

Shanghai Electric Shares A Long-term Cooperation Opportunity with Siemens, Strengthening Innovation in New Energy and Healthcare

Retrieved on: 
Monday, July 10, 2023

SHANGHAI, July 10, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") discussed the long-term cooperation opportunity with Siemens to boost technological innovation in the healthcare and energy sectors in a recent visit paid by the top executives from Siemens Healthineers and Siemens Energy.

Key Points: 
  • SHANGHAI, July 10, 2023 /PRNewswire/ -- Shanghai Electric (SEHK:2727, SSE:601727) ("the Company") discussed the long-term cooperation opportunity with Siemens to boost technological innovation in the healthcare and energy sectors in a recent visit paid by the top executives from Siemens Healthineers and Siemens Energy.
  • Karim Amin acknowledged the remarkable achievements of collaboration between Shanghai Electric and Siemens and offered insights into Siemens Energy's business development.
  • "Siemens Energy aims to deepen strategic cooperation with Shanghai Electric to support China's effort to achieve energy transformation.
  • Since the acquisition of Westinghouse Electric over two decades ago, Siemen has been a key partner of Shanghai Electric in the energy sector, with the two companies co-developing clean, efficient power solutions with a joint venture, Shanghai Electric Power Generation Equipment.

EQS-News: VIB Vermögen AG: Annual General Meeting approves all agenda items

Retrieved on: 
Tuesday, July 4, 2023

VIB Vermögen AG ("VIB"), a company specializing in the development, acquisition and portfolio management of commercial properties from the logistics and light industrial asset class, resolved all agenda items at today's General Meeting in line with the recommendation of the management.

Key Points: 
  • VIB Vermögen AG ("VIB"), a company specializing in the development, acquisition and portfolio management of commercial properties from the logistics and light industrial asset class, resolved all agenda items at today's General Meeting in line with the recommendation of the management.
  • The other items on the agenda also met with approval: BDO AG, Wirtschaftsprüfungsgesellschaft, Munich was appointed as auditor for the financial year 2023.
  • In addition, the Annual General Meeting resolved necessary amendments to the Articles of Association for the future conduct of meetings.
  • The update of Supervisory Board remuneration in connection with the modification in accounting policy in 2022 was approved today.