Tag Archive > Downturn

Continuation of a Pattern: SAP Delivers Margin Gains Despite Falling Revenues

(pressebox) Frankfurt am Main, 30.10.2009, SAP announced its Q3FY09 earnings on October 28, and it is a continuation of a pattern established throughout this calendar year of revenue decline but positive operating margin growth. Total revenues for q3 fell 10% over the comparable quarter of last year with software license revenues declining 31%, along with [...]

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PHOTON Consulting projects global PV installations will more than double in 2010, expects price crash by 2013

(pressebox) Boston, 28.10.2009, Companies at every step of the solar photovoltaic value chain must prepare for saturation in key markets by 2013, according to the latest research report Solar Annual 2009: Total Eclipse from PHOTON Consulting. While PHOTON?s near-term outlook for sector growth is very positive, PHOTON?s team of analysts, researchers and consultants believe saturation [...]

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High profitability at ASSA ABLOY, and stabilization on markets outside the USA

(pressebox) Berlin, 28.10.2009, . – Sales totaled SEK 8,425 M (8,722), a fall of 3%, comprising -13% organic growth, 2% acquired growth and exchange-rate effects of 8%. – Asia returned to growth during the quarter and the downturn in Europe was less negative. The North American market continued to weaken. – Continuing major efficiency benefits [...]

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Forum’s Financial Development Report shows global financialcentres’ lead is weakening

(pressebox) New York, USA, 09.10.2009, . – Signs of weakness emerge among many global financial centres following crisis – Developing countries show comparative financial stability, but also potential for improvement in other areas – Report analyses 55 financial systems and capital markets around the world – Report benchmarks financial system development to support economic growth [...]

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SMT Scharf AG restructures subsidiary in Germany’s Saarland region

(pressebox) Hamm, 02.10.2009, SMT Scharf AG restructures its subsidiary SMT Scharf Saar GmbH (Neunkirchen). To this end, SMT Scharf Saar GmbH filed an insolvency proceeding today. The Group’s Managing Board intends to restructure and then continue the subsidiary via an insolvency plan. The subsidiary, which operates almost exclusively in Germany, was not able to compensate [...]

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EANS-Adhoc: SMT Scharf AG restructures subsidiary in Germany´s Saarland region

——————————————————————————– ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Company Information 02.10.2009 Hamm, October 2, 2009 – SMT Scharf AG restructures its subsidiary SMT Scharf Saar GmbH (Neunkirchen). To this end, [...]

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KROMI Logistik AG publishes final figures for fiscal year 2008/2009

(pressebox) Hamburg, 24.09.2009, . – Revenues down 12.9% to EUR 34,935 thousand – EBIT incl. extraordinary factors at EUR -82 thousand after EUR 3,371 thousand last year – Outlook for 2009/2010 remains muted as a result of the economic crisis KROMI Logistik AG ("KROMI", German Securities Code (WKN) A0KFUJ, ISIN DE000A0KFUJ5) published its full consolidated [...]

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Innovating against the crisis: KBA flies the flag in Chicago

(pressebox) Würzburg, 17.09.2009, For more than two years now the US print media market has suffered the impact of the financial, economic and mortgage meltdown. The persistent downturn since 2007 was reflected in attendance figures and the number of contracts signed at PRINT 09 from 11 to 16 September at McCormick Place in Chicago. Among [...]

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SIMONA in first half of 2009: positive earnings despite severe downturn in revenue

(pressebox) Kirn, 26.08.2009, The SIMONA Group had to contend with a significant decline in revenue over the course of the first half. In particular, the severe downturn affecting its principal sales markets – the chemical industry and the mechanical engineering sector – prompted a contraction in revenue by EUR 50.8 million to EUR 106.3 million. [...]

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SOLON presents figures for the first half of 2009

(pressebox) Berlin, 18.08.2009, . – Consolidated revenue of ?119.4 million – Earnings before interest and tax (EBIT) falls to minus ?52.6 million – Adjusted net profit shrinks to minus ?45.2 million (excluding one-off items from the write-down of investments) – Strong operating cash flow in the second quarter (?29.3 million) Berlin-based SOLON SE (ISIN DE0007471195) [...]

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EANS-Adhoc: Kardex Group / Recession-induced downturn in revenues leads to decrease in earnings

——————————————————————————– ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. ——————————————————————————– 6-month report 11.08.2009 In the first half of fiscal 2009, the Kardex Group, with its two divisions Kardex (KRM) (60% share) and Stow (40% share), achieved consolidated revenues of [...]

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ElringKlinger records earnings well within positive territory and strong cash flow for first half of 2009 despite challenging automobile markets

(pressebox) Dettingen / Erms, 06.08.2009, In the first half of 2009, the severe malaise facing the international automobile markets led to a decline in consolidated sales of 23.5% to EUR 267.9 (350.2) million within the ElringKlinger Group. Despite these challenging conditions, earnings remained well within positive territory, with the Group generating EBIT of EUR 22.6 [...]

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EANS-Adhoc: ElringKlinger records earnings well within positive territory and strong cash flow for first half of 2009 despite challenging automobile markets

——————————————————————————– ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. ——————————————————————————– quarterly report 06.08.2009 Dettingen/Erms, August 6, 2009 +++ In the first half of 2009, the severe malaise facing the international automobile markets [...]

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Statement by Dr. Norbert Reith…

(pressebox) München, 04.08.2009, Ladies and Gentlemen! The BMW Group is standing its ground in a persistently difficult market – as an independent car company that has a sound financial footing. Based on our Strategy Number ONE, we started early to realign the entire company. And we have launched various strategic measures to offset the effects [...]

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EANS-Adhoc: BAUER Aktiengesellschaft / Bauer suffers setback in Equipment segment and updates forecast

——————————————————————————– ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. ——————————————————————————– 6-month report 04.08.2009 Schrobenhausen, August 4, 2009 – With total Group revenues of EUR 681.0 million (previous year: EUR 719.5 million, change: [...]

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