Stora Enso Oyj’s ("Stora Enso" or the "Company") Annual General Meeting (the "AGM") was held on 20 March 2024 at Marina Congress Center in Helsinki, Finland. The AGM adopted the accounts for 2023, adopted the remuneration report for 2023 through an advisory resolution and granted the Company’s Board of Directors and Chief Executive Officer discharge from liability for the period.
HANZA AB today launches an efficiency program as an important step in the integration of the recently acquired company Orbit One, and to meet a slightly weaker market. The program is developed in line with the company's strategy HANZA 2025, including the financial targets.
As shared last month, Xerox is implementing a new operating model and streamlining our organizational structure to align with the evolving needs of our clients and the modern workplace landscape.
Xerox Holdings Corporation (NASDAQ: XRX) today announced plans to transform its operating model in Argentina and Chile and has sold its operations in these regions to Grupo Datco, a technologies and fiber optic network services provider in Latin America. This transition aligns with the company’s ongoing Reinvention.
Merck demonstrated the robustness of its diversified business model in a challenging market environment.
Financial results of fiscal 2023
Net sales decrease organically by 1.6% to € 21.0 billion
EBITDA pre down organically by 9.0% to € 5.9 billion
“Transitional year” 2023 characterized by demanding market conditions in Life Science and Semiconductor Materials
Strong sales and earnings performance of Healthcare demonstrates benefits of diversified business model of Merck
Stable dividend proposal: € 2.20 per share
Forecast for fiscal 2024
Return to organic growth expected in 2024
Sales and EBITDA pre: slight to moderate organic growth
Logistics company records 2.47 billion euros of net revenue
Investment volume of 187 million euros is the largest in the company’s history
Two thirds of the company’s own electricity needs in the DACH region are met with its own solar power
Sustainable solutions provider Perstorp has closed a deal to buy out its minority partner in the joint venture Shandong Perstorp Chemical Co., Ltd. (formerly Shandong Fufeng Perstorp Chemical Co., Ltd.), which has owned and operated Site Zibo in China. Perstorp is now the sole owner of the polyol manufacturing operation, located in Zibo, Shandong province, about 400 km south of Beijing.
Preliminary figures: revenue of €1,326.8m, EBIT of €29.9m
Strong order intake for Banknote Solutions in the Special segment
Dr. Pleßke announces “Spotlight” programme to focus the Group on growth- and earnings-oriented business models and technologies
In addition to his role as CFO, Dr. Kimmich will assume responsibility for the Special segment
Outlook for 2024: EBIT margin and revenue stable at the previous year’s level
Future dividend policy with a payout ratio of 15-35% resolved with a target minimum dividend of €0.3 per share per year in the event of profitable business development
Pimatic Oy, a global leader in providing high-quality customized pneumatic solutions, is proud to celebrate its 50th anniversary this year. Established in 1974 in Huittinen, Finland, Pimatic has emerged as a trusted name in the industry, with a strong presence worldwide.
Pimatic develops, manufactures, delivers, and services components, actuators, and systems for applied pneumatics and low-pressure hydraulics.
Coveris announces the successful signing and completion of another strategic deal in CEE: the acquisition of S&K LABEL spol. s r.o. (S&K LABEL) in the Czech Republic.
Following Coveris’ recent acquisitions of two flexible packaging plants in Hungary and Poland, S&K LABEL in the Czech Republic marks the packaging leader’s third acquisition in CEE, and the first acquisition of a labels business outside of the UK.
Stronger presence will benefit local print companies
Sales and service for sheetfed offset, digital & web, and flexo presses
New managing director: Sascha Fischer
Westfalia Fruit, the leading global avocado supplier celebrates its 75th anniversary this year. Founded by the legendary philanthropist and geologist Dr Hans Merensky in 1949, Westfalia continues to stay true to its purpose of Doing Good.
Ahead of his time, 75 years ago Dr Merensky had the foresight to establish the Hans Merensky Trust to ensure that his pioneering spirit and support of local communities would be protected for future generations.
Sales in line with previous year’s level after three quarters and following adjustment for exchange rate movements
Adjusted EBITDA margin rises to 8.0 percent
Incoming orders weaker in third quarter after strong first half-year
Value creation program supports free cash flow with around € 60 million by the end of Q3 2023/24
With a printing speed of 21,000 sheets per hour, the Speedmaster XL 106 from HEIDELBERG makes it possible to increase net output in folding carton production by up to ten percent compared to the standard configuration.
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