Last updateSun, 28 Feb 2021 12pm

Appointments to Arkema’s Board of Directors and changes in corporate governance

Based on a proposal of the Nominating, Compensation and Corporate Governance committee, Arkema’s Board of Directors, at its meeting on 24 February 2021, decided to ask the shareholders, at the Annual General Meeting to be held on 20 May 2021, and as a replacement for Thierry Morin, Marc Pandraud and Yannick Assouad, whose terms of office are due to terminate, to approve the following:

2020 full year results - Bobst Group with strong second half and good overall financial results for full year 2020

Bobst Group’s 2020 full year figures were severely impacted by Covid-19 lockdowns.
Sales dropped to CHF 1.372 billion from CHF 1.636 billion in 2019 with important negative FX impact (CHF -63 million).
Operating result (EBIT) at CHF 44 million (CHF 81 million in 2019).
Net result at CHF 17 million (CHF 53 million in 2019).
Outstanding cash inflow from operating activities of CHF 160 million (CHF 55 million in 2019).
Net debt position of CHF 59 million in 2019 turned into a net cash position of CHF 4 million in 2020.
No dividend proposed in 2021 (CHF 1.50 in 2020).
2020 order entries 4% lower than in 2019 but significant improvement compared to H1 2020 (21%).
Higher backlog than at the end of 2019.

Koenig & Bauer achieves revenue of more than €1bn in 2020 – slight organic revenue growth and balanced EBIT expected in 2021

Koenig & Bauer AG, Würzburg (“Koenig & Bauer”, WKN: 719 350 / ISIN: DE0007193500) announces that on the basis of its preliminary and as yet unaudited figures it achieved group revenue of €1,029m and preliminary consolidated earnings before interest and taxes (EBIT) of -€68m in the 2020 financial year. Adjusted for special items, preliminary consolidated EBIT stands at -€19m.

Deutsche Messe poised for relaunch

As an organizer of international exhibitions and events, Deutsche Messe has seen its business dry up over the past year. The company has taken advantage of the lull to gear up for the post-coronavirus era, simultaneously extending the mandate of Deutsche Messe Managing Board Chairman Jochen Köckler for an additional five years.

UNITED CAPS Reports on Progress in Asian Markets and Status of New Dinnington Factory

Progress against strategic growth initiatives highlighted at UNITED VIRTUALLY event
UNITED CAPS, an international manufacturer of caps and closures, today reported that it is meeting its strategic growth initiatives despite the pandemic, enabling the company to continue to provide exceptional customer support, both in terms of implementation of existing caps and closures for new products, as well as continuing to generate 50% of its business from bespoke development of caps and closures to meet specific customer needs.

Thimm start-ups move to new location in Göttingen

At the beginning of the new year, Thimm Start-ups moved to Göttingen. They have moved into their new offices on the fifth floor at Weender Landstraße 3, in close proximity to the university, the Private University of Applied Sciences Göttingen (PFH), Göttingen's main train station and the city center.

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