IG Metall

EQS-News: Stabilus SE achieves revenue growth of 13.1% in Q3 FY2023 and specifies guidance within forecasted range

Retrieved on: 
Monday, July 31, 2023

Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)

Key Points: 
  • Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)
    Profitability gradually increased in FY2023: Adjusted EBIT[1] in Q3 at €41.9 million, after €37.9 million in Q3 FY2022
    Q3 result at €21.7 million (Q3 FY2022: €24.3 million) and free cash flow before acquisitions (adj.
  • Group revenue in the third quarter of FY2023 increased by 13.1% year-on-year to €306.5 million (Q3 FY2022: €271.1 million).
  • In EMEA, revenue in Q3 FY2023 increased by 9.7% to €129.9 million (Q3 FY2022: €118.4 million).
  • In Asia-Pacific (APAC), the company again recorded above-average revenue growth of 21.1% year-on-year to €66.7 million (Q3 FY2022: €55.1 million).

EQS-News: Progress-Werk Oberkirch AG: PWO enters into supplementary collective bargaining agreement with 37.5 weekly working hours

Retrieved on: 
Sunday, November 27, 2022

Carlo Lazzarini (CEO): The Executive Board of the PWO Group is delighted that working hours will remain at 37.5 hours per week in the future at the Oberkirch location.

Key Points: 
  • Carlo Lazzarini (CEO): The Executive Board of the PWO Group is delighted that working hours will remain at 37.5 hours per week in the future at the Oberkirch location.
  • Oberkirch / Valask Mezi / Kitchener / Puebla / Suzhou / November 14, 2022 Progress-Werk Oberkirch AG and IG Metall signed a supplementary collective bargaining agreement, which will follow on seamlessly from the previous agreement on January 1, 2023 and remain in effect for 4 years.
  • Under the new agreements, working hours at the Oberkirch location will remain at 37.5 hours per week.
  • The clear vote of staff at the Oberkirch location in favor of retaining the longer weekly working hours compared with the standard collective bargaining agreement and the support of the Works Council in this regard were key factors in reaching this agreement.

EQS-News: Schaeffler AG: Further structural measures at Schaeffler

Retrieved on: 
Friday, November 11, 2022

Another factor driving the need for further adjustment at Schaeffler is that automakers are continuing to cut back on development programs for combustion engine vehicles.

Key Points: 
  • Another factor driving the need for further adjustment at Schaeffler is that automakers are continuing to cut back on development programs for combustion engine vehicles.
  • The measures decided on by the Board of Managing Directors mark an important step towards ensuring future growth.
  • At the same time, Schaeffler intends to strengthen the German locations impacted by the capacity reduction measures by investing in new technologies.
  • With more than 1,800 patent applications in 2021, Schaeffler is Germanys second most innovative company according to the DPMA (German Patent and Trademark Office).

DGAP-News: Rational AG: strongest half year in terms of sales revenues – nevertheless cautious

Retrieved on: 
Wednesday, August 3, 2022

As in the first quarter, Rational was again affected by the low availability of processors (CPUs) in the second quarter of 2022.

Key Points: 
  • As in the first quarter, Rational was again affected by the low availability of processors (CPUs) in the second quarter of 2022.
  • Sales revenues by product group: iVario defies supply difficulties and grows by 50 percent
    Both product groups of the Rational Group contributed to growth.
  • In the iCombi product group, sales revenues were up 17 percent year on year in the first half of 2022, at 395.1 million euros (2021: 337.6 million euros).
  • In the iVario product group, sales revenues rose by 50 percent to a new record level of 62.6 million euros (2021: 41.7 million euros).

DGAP-News: GEA Supervisory Board: Two new members elected at AGM

Retrieved on: 
Thursday, April 28, 2022

Dsseldorf, April 28, 2022 - Two new Supervisory Board members were elected at today's Annual General Meeting of GEA Group Aktiengesellschaft: Jrg Kampmeyer, Managing Partner of Gebr.

Key Points: 
  • Dsseldorf, April 28, 2022 - Two new Supervisory Board members were elected at today's Annual General Meeting of GEA Group Aktiengesellschaft: Jrg Kampmeyer, Managing Partner of Gebr.
  • GEA has also applied to the district court for the appointment of Nancy Bhning as a new employee representative.
  • Dr. Jens Riedl (48) joins the Supervisory Board for the first time following his election today.
  • The Supervisory Board is looking forward to successful collaboration," said outgoing Supervisory Board Chairman Klaus Helmrich.

DGAP-News: GEA Supervisory Board: Employee representatives confirmed and Jörg Kampmeyer appointed as new member as of January 1, 2022

Retrieved on: 
Thursday, December 23, 2021

GEA Supervisory Board: Employee representatives confirmed and Jrg Kampmeyer appointed as new member as of January 1, 2022

Key Points: 
  • GEA Supervisory Board: Employee representatives confirmed and Jrg Kampmeyer appointed as new member as of January 1, 2022
    The issuer is solely responsible for the content of this announcement.
  • GEA Supervisory Board: Employee representatives confirmed and Jrg Kampmeyer appointed as new member as of January 1, 2022
    Dsseldorf, December 23, 2021 - GEA Group Aktiengesellschaft today announces that the current employee representatives on the Supervisory Board were confirmed for the next four years at the election held on November 25, 2021.
  • The employee representatives had been appointed by a resolution of the Dsseldorf District Court in April 2021 until the election of the employee representatives took place.
  • "I'm looking forward to continuing our constructive partnership of trust with the employee representatives," says Klaus Helmrich, Chairman of the GEA Group AG Supervisory Board.

DGAP-News: Homanit GmbH & Co. KG announces extensive investments to modernize its site in Losheim am See

Retrieved on: 
Monday, December 6, 2021

Losheim am See, December 6, 2021 - Homanit GmbH & Co KG, a subsidiary of Homann Holzwerkstoffe GmbH and a leading supplier of thin, high-quality finished medium-density (MDF) and high-density (HDF) fibreboards, today announced extensive investments in its site in Losheim am See (Saarland, Germany) on the occasion of a works council event.

Key Points: 
  • Losheim am See, December 6, 2021 - Homanit GmbH & Co KG, a subsidiary of Homann Holzwerkstoffe GmbH and a leading supplier of thin, high-quality finished medium-density (MDF) and high-density (HDF) fibreboards, today announced extensive investments in its site in Losheim am See (Saarland, Germany) on the occasion of a works council event.
  • The planned investments include a new fibreboard press as well as further accompanying measures for the finishing of fibreboards in the total amount of EUR 65 million.
  • "Long-serving employees with excellent know-how work at our site in Losheim am See," says Fritz Homann, Managing Director of Homann Holzwerkstoffe.
  • The geostrategic location of the plant was one of the key factors for the comprehensive investments.

DGAP-News: Gerry Weber International AG: Annual General Meeting of GERRY WEBER International AG: Angelika Schindler-Obenhaus officially takes up office as CEO

Retrieved on: 
Friday, August 20, 2021

Gerry Weber International AG: Annual General Meeting of GERRY WEBER International AG: Angelika Schindler-Obenhaus officially takes up office as CEO

Key Points: 
  • Gerry Weber International AG: Annual General Meeting of GERRY WEBER International AG: Angelika Schindler-Obenhaus officially takes up office as CEO
    The issuer is solely responsible for the content of this announcement.
  • Annual General Meeting of GERRY WEBER International AG: Angelika Schindler-Obenhaus officially takes up office as CEO
    - Managing Board now composed of Angelika Schindler-Obenhaus and Florian Frank; Alexander Gedat back to Supervisory Board as planned
    Halle/Westphalia, 20 August 2021 - As yesterday's Annual General Meeting of GERRY WEBER International AG was concluded, Angelika Schindler-Obenhaus (58) took up office as CEO.
  • He did not stand for re-election and stepped down from the Supervisory Board with effect from yesterday's Annual General Meeting.
  • In addition to the GERRY WEBER brand, the GERRY WEBER Group also owns the younger TAIFUN brand and the plus-size brand SAMOON.