Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC

EQS-News: SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings

Retrieved on: 
Monday, July 31, 2023

SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings

Key Points: 
  • SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings
    The issuer is solely responsible for the content of this announcement.
  • However, a significant reduction in demand, particularly in Europe and North America, and one-off costs in connection with the Omnova acquisition and the purchase price allocation (PPA) exerted a negative impact on the result.
  • Earnings before financial result and income tax (EBIT) amounted to € 7.6 million and were consequently -77 % below the equivalent year-earlier value.
  • The company introduced measures in the areas of pricing, personnel, purchasing, operations and working capital in order to improve earnings.

EQS-News: Fifth acquisition in 2023: Mutares signed an agreement to acquire SELZER Group from INDUS

Retrieved on: 
Friday, July 28, 2023

Munich, July 28, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire SELZER Group from INDUS as an add-on acquisition for Ferral United.

Key Points: 
  • Munich, July 28, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire SELZER Group from INDUS as an add-on acquisition for Ferral United.
  • As a result of the investments already made and the upcoming production series, the revenue of SELZER Group will amount to ca.
  • SELZER Group can be further developed through valuable synergies within the Ferral United Group and the support of the Mutares team."
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: 2G Energy AG: 2G welcomes the new hydrogen strategy of the German federal government and expects sustainable impulses for hydrogen-ready CHP solutions.

Retrieved on: 
Thursday, July 27, 2023

Consequently, our plant structure planning has to be flexible for new markets and provide for enough reserves."

Key Points: 
  • Consequently, our plant structure planning has to be flexible for new markets and provide for enough reserves."
  • The 2G Energy AG Group is an internationally leading manufacturer of decentralized energy supply systems.
  • 2G benefits from global long-term trends that make efficient and decentralized energy solutions ever more important.
  • The shares of 2G Energy (ISIN DE000A0HL8N9) are listed in the “Scale” segment of the Frankfurt Stock Exchange.

EQS-News: LPKF remains on track in the first half of 2023

Retrieved on: 
Thursday, July 27, 2023

In the second quarter LPKF performed in line with guidance with revenues of EUR 27.7 million and an EBIT of EUR -0.4 million (Guidance Q2 2023: Revenue EUR 25 to 30 million, EBIT EUR -3 to 1 million).

Key Points: 
  • In the second quarter LPKF performed in line with guidance with revenues of EUR 27.7 million and an EBIT of EUR -0.4 million (Guidance Q2 2023: Revenue EUR 25 to 30 million, EBIT EUR -3 to 1 million).
  • The Group's order situation continued to develop well throughout the first half of 2023.
  • At EUR 66.2 million, order intake was up 38% compared to the previous year (H1 22: EUR 47.9 million).
  • For the third quarter of 2023, LPKF expects revenue of EUR 28 to 33 million and EBIT of EUR -1 to 3 million.

EQS-News: The Social Chain AG: Local court confirms provisional self-administration of Social Chain AG

Retrieved on: 
Tuesday, July 25, 2023

The Management Board of Social Chain AG today filed an application for the opening of insolvency proceedings in self-administration.

Key Points: 
  • The Management Board of Social Chain AG today filed an application for the opening of insolvency proceedings in self-administration.
  • Andreas Schneider remains on the board of Social Chain AG as CFO.
  • Prof. Dr. Gerrit Hölzle emphasises: "The self-administration proceedings only apply to Social Chain AG, which acts as the holding company.
  • The local court has also appointed the Berlin based lawyer Friedemann Schade from the law firm BRL as the interim administrator of Social Chain AG.

EQS-News: ESPG AG invites to the bondholders' meeting

Retrieved on: 
Thursday, July 20, 2023

The Management Board of the European Science Park Group ("ESPG AG" or "Company"), invites all holders of the 6.0% bearer bonds (ISIN: DE000A2NBY22 / WKN: A2NBY2) maturing on 1 October 2023 to a creditors' meeting.

Key Points: 
  • The Management Board of the European Science Park Group ("ESPG AG" or "Company"), invites all holders of the 6.0% bearer bonds (ISIN: DE000A2NBY22 / WKN: A2NBY2) maturing on 1 October 2023 to a creditors' meeting.
  • Dr. Ralf Nöcker, Board Member of ESPG AG, comments: „We expect broad approval from our creditors, as most of the technical hurdles that made the exchange difficult have now been cleared.
  • There is a registration period of three days for participation in the creditors' meeting.
  • Dial-in details and registration contacts will be posted on the ESPG website.

Crowell & Moring Names Joseph Palermo as Chief Operating Officer

Retrieved on: 
Tuesday, July 11, 2023

NEW YORK, July 11, 2023 /PRNewswire/ -- Joseph J. Palermo has joined Crowell & Moring as Chief Operating Officer and will be responsible for leading the firm's business operations and administrative support and delivering exceptional client service.

Key Points: 
  • NEW YORK, July 11, 2023 /PRNewswire/ -- Joseph J. Palermo has joined Crowell & Moring as Chief Operating Officer and will be responsible for leading the firm's business operations and administrative support and delivering exceptional client service.
  • He will provide executive oversight of the firm's business, as well as its consulting services, including Crowell & Moring International and Crowell Health Solutions .
  • Prior to joining Crowell, Palermo served as Chief Operating Officer at Lowenstein Sandler LLP.
  • "I am delighted to join a firm that values collegiality, collaboration, and diversity in the way Crowell does," said Palermo.

EQS-News: Steinhoff International Holdings N.V. : Notice of Extraordinary General Meeting

Retrieved on: 
Tuesday, July 11, 2023

Copies of the Notice, agenda and explanatory notes thereto, including the appendices and other meeting documents, are provided upon request and free of charge.

Key Points: 
  • Copies of the Notice, agenda and explanatory notes thereto, including the appendices and other meeting documents, are provided upon request and free of charge.
  • Digital copies are available on the Company’s website ( www.steinhoffinternational.com ) and may also be obtained via e-mail: [email protected].
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.
  • 11.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.

EQS-News: Mutares SE & Co. KGaA: Annual General Meeting resolves dividend of EUR 1.75 per share – basis laid for another record year

Retrieved on: 
Monday, July 10, 2023

This consists of a basic dividend of EUR 1.00 per share and a performance dividend of EUR 0.75 per share.

Key Points: 
  • This consists of a basic dividend of EUR 1.00 per share and a performance dividend of EUR 0.75 per share.
  • Therefore, taking into account treasury shares, a total of approximately EUR 36.1 million (previous year: EUR 30.9 million) will be distributed from the retained earnings of Mutares SE & Co. KGaA.
  • The members of the Management Board, Supervisory Board and Shareholders' Committee were discharged by the shareholders for the past financial year.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

Fresenius Medical Care appoints Martin Fischer as Chief Financial Officer

Retrieved on: 
Monday, July 10, 2023

WALTHAM, Mass., July 10, 2023 /PRNewswire/ -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases has appointed Martin Fischer (46) as Chief Financial Officer as of October 1, 2023. He will succeed Helen Giza who was appointed as Chief Executive Officer and Chair of the Management Board in December 2022 and continues to serve as acting Chief Financial Officer, until her successor will join. Martin Fischer will be based in Bad Homburg, Germany and will assume responsibility for the Global Finance Organization of Fresenius Medical Care. Upon effectiveness of the Company's proposed change of form from KGaA to German stock corporation, Martin Fischer will become a member of the Management Board of Fresenius Medical Care AG.

Key Points: 
  • WALTHAM, Mass., July 10, 2023 /PRNewswire/ -- Fresenius Medical Care, the world's leading provider of products and services for individuals with renal diseases has appointed Martin Fischer (46) as Chief Financial Officer as of October 1, 2023.
  • Martin Fischer will be based in Bad Homburg, Germany and will assume responsibility for the Global Finance Organization of Fresenius Medical Care.
  • Upon effectiveness of the Company's proposed change of form from KGaA to German stock corporation, Martin Fischer will become a member of the Management Board of Fresenius Medical Care AG.
  • Michael Sen, Chairman of the Supervisory Board of Fresenius Medical Care Management AG, says: "With Martin Fischer's appointment, we are strengthening a vital function in the Management Board of Fresenius Medical Care.