04192024Fri
Last updateFri, 13 Mar 2020 3pm

Successful start to financial year 2015/2016 for Heidelberg - strategic reorientation is taking effect

  • Improved order situation and exchange rate movements affect sales and incoming orders in first quarter
  • EBITDA increases to € 46 million, including non-recurring effect from PSG takeover
  • EBIT improves to € 13 million; income from PSG takeover compensates for special items
  • Equity ratio climbs to around 15 percent
  • Syndicated credit line extended early to mid-2019
  • Outlook: Well on way to achieving targets for year

First half-year report for Koenig & Bauer: Well-filled order books – clear sales and earnings rise expected in second half-year

  • A relatively young, but future-focused business field for KBA-Digital & Web is digital decorative printing with the up to 2.25m-wide RotaJET VL presses. The first has been in operation for some months at decor manufacturer Interprint in Arnsberg, GermanyAt €607.5m order intake up 33.2% y-o-
  • Sales of €426.9m still behind annual target of over €1bn
  • Group pre-tax profit of €6.9m in Q2 improves EBT to –€10.8m
  • Positive results in all business areas within reach
  • Fit@All programme almost complete with cost savings
  • Earnings outlook for 2015 unchanged with EBT margin of up to 2%

Xerox 'Wilson Rule' Diversity Policy Announced at White House Demo Day

At the White House Demo Day today on inclusive entrepreneurship, President Obama referenced Xerox's (NYSE: XRX) long established diversity program and the company's renewed efforts to increase the ranks of minorities and women in management with the introduction of its "Wilson Rule."


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