W&W

EQS-News: W&W Group continues to improve its market position in 2023

Retrieved on: 
Wednesday, April 10, 2024

The W&W Group has continued to make good progress on customer proximity, market relevance and cost efficiency.

Key Points: 
  • The W&W Group has continued to make good progress on customer proximity, market relevance and cost efficiency.
  • In the 2023 financial year, the Wüstenrot & Württembergische Group (W&W) saw good, in some cases excellent development of new business in nearly all lines.
  • Wüstenrot Bausparkasse AG, which set another new record, and the Württembergische property and life insurance business achieved growth well above the market average.
  • The W&W Group expects consolidated net income to increase in the current 2024 financial year, while adverse external influences persist.

W&W Glass Introduces Insight™ — W&W Glass Revolutionizes the Glass Industry with the Groundbreaking Insight™ System

Retrieved on: 
Tuesday, November 14, 2023

Introducing Insight™ , the glass engineered system designed to provide a high degree of transparency for walls, skylights and canopies, from the leader in structural glass design and installation, W&W Glass.

Key Points: 
  • Introducing Insight™ , the glass engineered system designed to provide a high degree of transparency for walls, skylights and canopies, from the leader in structural glass design and installation, W&W Glass.
  • “Architects have been asking us for years what we can do to go beyond traditional structural glass systems.
  • They’ve enhanced their capabilities with the creation of Insight™ to fulfill a need in the industry for custom, specialty glazing systems.
  • Headquartered in Nanuet, NY, W&W Glass leads the industry in design, supply and installation of complex curtain wall facade systems and custom glass enclosures.

EQS-News: Wüstenrot & Württembergische AG: Profit exceeds expectations

Retrieved on: 
Saturday, April 15, 2023

Wüstenrot with strongest new home loan savings business in the company’s history and growth far above market average.

Key Points: 
  • Wüstenrot with strongest new home loan savings business in the company’s history and growth far above market average.
  • We have a good grip on everything that we’re able to control ourselves.”
    The Wüstenrot & Württembergische Group (W&W) recorded a very successful financial year in 2022.
  • With consolidated net profit of EUR 261.5 million, the financial planning group achieved a result that exceeded its own expectations.
  • Wüstenrot recorded an increase in gross volume of 59.4 per cent, the best new business figure in its history.

Winchester and Western Railroad to Serve New West Virginia Steel Mill

Retrieved on: 
Thursday, December 8, 2022

MARTINSBURG, W.Va., Dec. 8, 2022 /PRNewswire/ -- Winchester and Western Railroad (W&W), an affiliate of OmniTRAX, the nationwide supply chain, industrial development, and logistics solutions provider, has signed an agreement to serve Commercial Metals Company's (CMC) latest steel mill in West Virginia. CMC, the largest manufacturer of steel reinforcing bar (rebar) in North America and Central Europe, selected Falling Waters, West Virginia after an exhaustive multi-state site review. The strategic site, located along the historic 106-year-old W&W rail line, provides expansive market access.

Key Points: 
  • MARTINSBURG, W.Va., Dec. 8, 2022 /PRNewswire/ -- Winchester and Western Railroad (W&W), an affiliate of OmniTRAX, the nationwide supply chain, industrial development, and logistics solutions provider, has signed an agreement to serve Commercial Metals Company's (CMC) latest steel mill in West Virginia.
  • CMC, the largest manufacturer of steel reinforcing bar (rebar) in North America and Central Europe, selected Falling Waters, West Virginia after an exhaustive multi-state site review.
  • "The new CMC mill exemplifies the power of pairing rail and real estate together," said OmniTRAX CEO Dean Piacente.
  • The CMC mill project was a collaborative economic development effort by OmniTRAX, State of West Virginia leaders, and Berkeley County officials.

omni:us Closes €12m Series A+ Extension Financing Round

Retrieved on: 
Tuesday, November 15, 2022

omni:us , leading provider of intelligent insurance claims management automation solutions, has closed its Series A+ expansion financing round with W&W subsidiary Wrttembergische Versicherung, as well as existing investors.

Key Points: 
  • omni:us , leading provider of intelligent insurance claims management automation solutions, has closed its Series A+ expansion financing round with W&W subsidiary Wrttembergische Versicherung, as well as existing investors.
  • With this financing, the company plans to further invest in its end-2-end claims automation technology and expand its team and presence in Europe and the UK.
  • "This Series A+ builds on an exceptional year for omni:us.
  • We are particularly excited about the participation of W&W subsidiary Wrttembergische Versicherung and the strong commitment of our existing investors, says Martin Micko, CCO & co-founder of omni:us.

EQS-News: Wüstenrot & Württembergische AG: W&W Group maintains successful operating business trajectory

Retrieved on: 
Friday, November 11, 2022

Strongest new home loan and savings business figure in company history Wstenrot far outperforms the market.

Key Points: 
  • Strongest new home loan and savings business figure in company history Wstenrot far outperforms the market.
  • The Wstenrot & Wrttembergische Group (W&W) further expanded its operating activities in the first nine months of 2022 and increased its market share, despite the unfavourable and highly-volatile market environment.
  • The Wstenrot home loan and savings bank achieved its best gross new business for a nine-month period in its companys history.
  • The still successful operating business performance was offset by negative effects on the balance sheet of the valuation of capital investments due to the interest rate reversal and the war in Ukraine.

DGAP-News: W&W Group: Strong operational performance in first half of 2022​​​​​​​ 

Retrieved on: 
Friday, August 12, 2022

Strong home loan savings business with best new business in Wstenrots history growth of 40 per cent.

Key Points: 
  • Strong home loan savings business with best new business in Wstenrots history growth of 40 per cent.
  • The Wstenrot & Wrttembergische Group (W&W) continued the successful trajectory of its operating activities in the first six month of 2022.
  • For 2022 as a whole, the company is still striving for a consolidated net profit of around 250 million.
  • It had more than 300,000 customers as at the end of the first half of 2022.

DGAP-News: Wüstenrot & Württembergische AG: Operationally, W&W Group starts the year strongly

Retrieved on: 
Friday, May 13, 2022

- W&W CEO Jrgen A. Junker: The W&W Group benefits from both its operating efficiency and its resilient balance sheet.

Key Points: 
  • - W&W CEO Jrgen A. Junker: The W&W Group benefits from both its operating efficiency and its resilient balance sheet.
  • The Wstenrot & Wrttembergische Group (W&W) has reported a strong start in operational terms to the 2022 financial year despite a significantly more uncertain market environment.
  • Despite all adversities, I am cautiously optimistic that we, as W&W Group, will also be able to navigate this phase successfully.
  • The real estate activities of Wstenrot Haus- und Stdtebau and Wstenrot Immobilien also continued to perform well.

DGAP-News: Wüstenrot & Württembergische AG: Changes on the Supervisory Board

Retrieved on: 
Thursday, April 14, 2022

- Chairman Hans Dietmar Sauer, Dr Reiner Hagemann and Hans-Ulrich Schulz will end their mandates as at 31 August for reasons of age.

Key Points: 
  • - Chairman Hans Dietmar Sauer, Dr Reiner Hagemann and Hans-Ulrich Schulz will end their mandates as at 31 August for reasons of age.
  • - Edith Weymayr, Dr Michael Gutjahr and Dr Wolfgang Salzberger have been proposed as their successors.
  • As at 1 September 2022, there will be a number of personnel changes on the Supervisory Board of Wstenrot & Wrttembergische AG (W&W).
  • If he is elected by the shareholders, it is planned for Dr Gutjahr to stand for election by the Supervisory Board as Hans Dietmar Sauer's successor as Chairman of the Supervisory Board.

DGAP-News: Wüstenrot & Württembergische AG: W&W Group achieves record earnings in 2021

Retrieved on: 
Friday, April 1, 2022

- Earnings are well above original expectations thanks to strong new business, a friendly capital market environment, efficiency gains and a prudent risk policy.

Key Points: 
  • - Earnings are well above original expectations thanks to strong new business, a friendly capital market environment, efficiency gains and a prudent risk policy.
  • The Wstenrot & Wrttembergische Group (W&W) closed the 2021 financial year with a record consolidated net profit.
  • Earnings were thus in line with the forecast, which was raised again at the beginning of 2022.
  • The real estate subsidiaries, Wstenrot Haus- und Stdtebau (WHS) and Wstenrot Immobilien (WI), also provided numerous positive contributions to sales and earnings.