SBB

Valora with strong sales growth in 2023 thanks to expansion of food business

Retrieved on: 
Wednesday, March 13, 2024

Growth was driven mainly by rising food sales in all business areas.

Key Points: 
  • Growth was driven mainly by rising food sales in all business areas.
  • At almost 20%, the wholesale pretzel business recorded the highest increase in sales.
  • In an internationally challenging macroeconomic environment, the Valora Group not only posted strong sales growth in all business sectors, but also increased its operating profit (EBIT) by 34% to CHF 70 million.
  • This improvement resulted from higher food sales in the sales outlets, the growing wholesale pretzel business and the positive effects of vertical integration in the in-house pretzel production business.

ATX Visium SBB Security Adapter Gains Traction in Commercial DIRECTV Installations

Retrieved on: 
Tuesday, March 5, 2024

ATX Networks, a global leader in broadband access and media distribution solutions, disclosed that the Visium™ Set-Back Box (SBB), the company’s pocketsize Pro:Idiom®-compatible security adapter, is now a preferred end-device for cost-efficiently elevating the in-room experience among resellers of DIRECTV’s satellite television service for hospitality and other commercial venues.

Key Points: 
  • ATX Networks, a global leader in broadband access and media distribution solutions, disclosed that the Visium™ Set-Back Box (SBB), the company’s pocketsize Pro:Idiom®-compatible security adapter, is now a preferred end-device for cost-efficiently elevating the in-room experience among resellers of DIRECTV’s satellite television service for hospitality and other commercial venues.
  • “The Visium SBB was already a great solution for enabling non-commercial televisions to display encryption-protected programming and support the latest compression technologies,” said Aaron Starr, president of NACE, Inc., a leading DIRECTV distributor and ATX business partner.
  • North American Cable Equipment (NACE) is a distribution specialist of satellite television system equipment and installation materials for the DIRECTV commercial market.
  • The ATX Visium SBB will be on display at Evolve 2024, NACE’s annual in-depth training and network event that begins March 11 in Las Vegas.

YMCA of the USA Board of Directors Elects New Chair, New Officers and Board Members also Announced

Retrieved on: 
Monday, February 19, 2024

CHICAGO, Feb. 19, 2024 /PRNewswire-PRWeb/ -- YMCA of the USA (Y-USA), the national resource office for the 2,600 Ys across the country, is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors. Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019. As Board Chair, Leis will provide leadership to the 25-member board, which sets strategic direction and policy to guide the Y's work in strengthening communities by connecting all people to their potential, purpose and each other.

Key Points: 
  • YMCA of the USA is pleased to announce the election of George Leis to a two-year term as Chair of the nonprofit's National Board of Directors.
  • Leis, the President and Chief Operating Officer for Montecito Bank and Trust, has served on the Y-USA board since 2019.
  • "I look forward to partnering with Mr. Leis, our new board members and the entire board to strengthen the Y and the communities we serve.
  • Biographies and photos of Y-USA's new National Board members are available upon request.

Fir Tree Issues Open Letter to Fellow SBB Noteholders Outlining Concerns with Company’s Tender Offer

Retrieved on: 
Monday, November 20, 2023

Fir Tree Partners (“Fir Tree” or “we”), a meaningful holder of the 2028 Notes and 2029 Notes guaranteed by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”), today issued an open letter to fellow noteholders to outline its concerns with the Company’s tender offer memorandum dated November 16, 2023.

Key Points: 
  • Fir Tree Partners (“Fir Tree” or “we”), a meaningful holder of the 2028 Notes and 2029 Notes guaranteed by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”), today issued an open letter to fellow noteholders to outline its concerns with the Company’s tender offer memorandum dated November 16, 2023.
  • We are writing to share our concerns regarding the tender offer memorandum, dated November 16, 2023 (the “Tender Offer Memorandum”), issued by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”).
  • From our perspective, this makes the Tender Offer open to question and leads us to ask: what is the Company’s true motive for offering Noteholders a Tender Offer at this moment in time?
  • We strongly encourage all Noteholders to consider the concerns outlined above before participating in the Tender Offer.

DISH Upgrades Hotel Entertainment Experience For Guests

Retrieved on: 
Wednesday, November 15, 2023

Leveraging a user-centric feature set and far more powerful hardware, the EVOLVE M1 provides the best in-room entertainment experience available.

Key Points: 
  • Leveraging a user-centric feature set and far more powerful hardware, the EVOLVE M1 provides the best in-room entertainment experience available.
  • This new SBB seamlessly integrates with the existing suite of DISH Business entertainment solutions.
  • Powered by OnStream and backed by our preeminent experience in the market, the EVOLVE M1 is ready to set a new standard for guest entertainment."
  • This new offering further bolsters the DISH Business array of advanced commercial entertainment products and services.

Spotnana Launches Next-Generation Rail Shopping Experience Powered by Trainline's Global Partner API

Retrieved on: 
Thursday, November 9, 2023

Spotnana, the world’s first Travel-as-a-Service platform modernizing the infrastructure of the travel industry, today announced that it has integrated with Trainline Partner Solutions’ (TPS) latest API to deliver a next-generation shopping experience with comprehensive access to European rail carriers.

Key Points: 
  • Spotnana, the world’s first Travel-as-a-Service platform modernizing the infrastructure of the travel industry, today announced that it has integrated with Trainline Partner Solutions’ (TPS) latest API to deliver a next-generation shopping experience with comprehensive access to European rail carriers.
  • The integration includes advanced support for split-ticket pricing in the UK, purchases of ancillaries, and self-service booking changes and cancellations.
  • Spotnana integrated and deployed Trainline Partner Solutions’ latest rich content API in just months, making Spotnana the fastest ever to integrate with Trainline’s systems.
  • Integrated air and rail search – when a traveler searches for a flight, Spotnana automatically runs a rail search in parallel and makes it easy to find an appropriate rail alternative.

Sabre and Trainline Partner Solutions deliver access to enhanced rail content

Retrieved on: 
Tuesday, November 7, 2023

LONDON, Nov. 7, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Trainline Partner Solutions (TPS), Trainline's B2B arm and a leading distributor of global rail content, today announced an agreement to introduce new multi-national rail content to Sabre's travel marketplace. The partnership underlines the importance of the high-growth rail segment for Sabre as travelers look for more sustainable, flexible travel options. 

Key Points: 
  • LONDON, Nov. 7, 2023 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Trainline Partner Solutions (TPS), Trainline's B2B arm and a leading distributor of global rail content, today announced an agreement to introduce new multi-national rail content to Sabre's travel marketplace.
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    "We are very excited to collaborate with Sabre and to bring our industry-leading content to travel agents across the world," said Charlie Baikie, Head of Commercial, Trainline Partner Solutions.
  • The agreement between Sabre and TPS significantly expands the content available through Sabre Rail and further increases the value travel agents can deliver to their customers.
  • "We are thrilled to partner with a proven innovator like Trainline Partner Solutions to further extend our footprint in the high-growth rail segment," said Chinmai Sharma, Global Head – Lodging, Ground & Sea, Sabre Travel Solutions.

New API Extends the Utility of ATX Visium SBB Security Adapter in Enterprise Environments

Retrieved on: 
Tuesday, October 31, 2023

ATX Networks , a global leader in broadband access and media distribution solutions, recently upgraded the Visium™ Set-Back Box (SBB), the company’s pocket-sized security adapter, with a generic Application Programming Interface (API) that enables the device to be controlled by third-party enterprise-grade management systems.

Key Points: 
  • ATX Networks , a global leader in broadband access and media distribution solutions, recently upgraded the Visium™ Set-Back Box (SBB), the company’s pocket-sized security adapter, with a generic Application Programming Interface (API) that enables the device to be controlled by third-party enterprise-grade management systems.
  • The API allows businesses with screens in public areas to control electronic equipment and audio/visual solutions from a central location.
  • The Visium SBB is a competitively priced Pro:Idiom®-compatible security adapter that brings world-class encryption and an Interactive Program Guide (IPG) to hospitality sites not equipped with commercial televisions.
  • The addition of the API extends the applicability of the Visium SBB to additional enterprise environments, specifically commercial locations where controlling televisions through a remote control is unmanageable or impractical.

CDE Lightband Plugs in ATX Visium SBB to Enhance Services to Commercial Customers

Retrieved on: 
Wednesday, September 6, 2023

In addition to customer retention and loyalty, a chief benefit of the Visium SBB is its ability to reduce maintenance costs and trouble calls at the senior facilities.

Key Points: 
  • In addition to customer retention and loyalty, a chief benefit of the Visium SBB is its ability to reduce maintenance costs and trouble calls at the senior facilities.
  • Before installation of the ATX SBB, power interruptions or other failures would require maintenance personnel to rescan residents’ televisions, a process that took about 15 minutes per television.
  • The Visium SBB’s capability to configure a channel lineup from a USB key in less than a minute makes it very efficient to deploy and maintain.
  • “Kudos to the AMT team for working so closely with CDE Lightband to solve this critical service issue and protect their commercial service business.”
    For more information about the Visium SBB or any of ATX’s media distribution solutions, please visit www.atx.com .

Valora reports strong EBIT growth in the first half of 2023 thanks to food expansion

Retrieved on: 
Tuesday, August 22, 2023

Thus, net revenue increased by +11% to CHF 1,047 million while EBIT rose by CHF 15 million to CHF 23 million.

Key Points: 
  • Thus, net revenue increased by +11% to CHF 1,047 million while EBIT rose by CHF 15 million to CHF 23 million.
  • Also, Valora succeeded in continuously implementing its foodvenience strategy by further expanding its store network and the higher share of food in its category mix paying off.
  • Valora looks back positively on the first half of 2023.
  • Valora also pushed ahead with the implementation of its foodvenience strategy, putting a strong focus on network expansion.