Given the acceleration of the coronavirus (COVID-19) situation, recent decisions of local authorities, and to support our customers and employees, Bobst Group has taken additional measures. The decision is to focus on what matters most: respect of the safety recommendations in all countries, global employees’ health prevention, and business continuity for all customers support.

The world-wide coronavirus pandemic has impacted everyone, and Kao Collins is no exception. We’re committed to transparency, so we want to communicate what we are doing and how it may impact you, our valued customers.

How can things change so much in such a short period of time? Business as usual just a few weeks ago is now turned on it's head. On Thursday, March 19, our Governor issued a "Stay at Home" order for California. Without any other information, we closed on Friday, March 20th. Information came out that we can indeed stay open, at least for the near future. Of course things can change, but we will make every effort to say here for you and your needs.

PIA Demands That Print Be Considered Essential Service

On March 19, the Department of Homeland Security’s CISA (Cybersecurity and Infrastructure Security Agency) published guidance to state, local, tribal, and territorial jurisdictions and the private sector defining essential critical infrastructure workers imperative to responding to the COVID-19 pandemic.

That day, the State of Pennsylvania became the first state to lock down all physical businesses not deemed to be “life-sustaining” or “essential.” It is reasonable to assume that other states may follow and will be using the list published by CISA as guidance.

CISA identified “Communications and Information Technology” as a critical sector that must remain functioning during this national emergency. However, in the definition of “Communications,” CISA explicitly left out printed communication as one such essential function. This is unacceptable!

• Sales of € 2,249 million, nearly 3 percent below the strong level of the previous year
• EBITDA reaches € 416 million
• Research and development expanded further, R&D expenditure increased
by 7 percent
• High investments in international sites and digitization

Moody's Investors Service, ("Moody's") has today downgraded the corporate family rating (CFR) of the German tourism company TUI AG (TUI) to B2 from Ba3. Concurrently, the senior unsecured rating was downgraded to B2 from Ba3 and the probability of default rating (PDR) was downgraded to B2-PD from Ba3-PD. At the same time, Moody's placed the company's ratings on review for further downgrade.

It is no secret that the world is experiencing extraordinary times with the outbreak of Covid-19. As the virus continues to spread, it has become apparent that “social distancing” is the best way to mitigate its impact.

It is no secret that the world is experiencing extraordinary times with the outbreak of Covid-19. As the virus continues to spread, it has become apparent that “social distancing” is the best way to mitigate its impact.

Managing the possible consequences of the corona crisis is currently a top priority, professional project organisation already established

Good order intake in Q4 2019, although not all expected orders were placed in security printing and metal decorating
Follow-up orders of strategic importance in digital decor and corrugated printing received after the close of the financial year 2019
Group revenue in 2019 at the previous year’s level
EBIT margin of 4.6% below target due to some special items
Significant cash flow improvement in Q4
Equity ratio of 34.3%
Suspension of the dividend payment for 2019 in view of the significantly increased uncertainties caused by the corona crisis
Impacts of the corona crisis on group performance in 2020 are currently completely open

Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2019, including revenues of $1.2 billion, continued growth in key product areas and net earnings of $116 million, including the gain on the sale of the Flexographic Packaging Division.

Based on the development of the coronavirus situation and the announcements by the Finnish Government, Stora Enso has decided to cancel its Annual General Meeting on Thursday 19 March 2020.

Consistent focus on Heidelberg’s profitable core business

Closure of unprofitable businesses as well as sharp cuts in production costs and structural costs – production of “Primefire” and “very-large-format printing” will be stopped
Action package includes global reduction in force by up to 2,000 jobs
Non-recurring expenses of approximately €300 million impact FY 2019/20 earnings
Return transfer of around €375 million in liquidity from trust fund secures financing of action package and significantly increases financial stability
Net debt to be almost completely eliminated; high-yield bond to be repurchased
Focus on technology leadership in core business with emphasis on digitalization to advance