- Capital increase with net proceeds of around ¤100 million for further improvement of capital structure and generating additional headroom for growth - Around 50 per cent free float after IPO - First day of trading before summer break Frankfurt (ots) - Klöckner & Co AG management will present the company during a roadshow to national and international investors, which will start on June 14. Investors can ...
Clear signs of growth and a return to profit Luterbach (ots) - The Schaffner Group increased its net sales by 14.8% to CHF 91.0 million in the first six months of fiscal 2005/2006 (first half 2004/2005: CHF 79.3 million) and achieved a net profit of CHF 0.8 million (CHF -1.5 million), despite extraordinary costs related to the divestment of its test systems activities. As a result of the divestment process and the ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) is selling the power electronics business line of its test system division to US-based Intepro America, LLC., Santa Ana, California, for an undisclosed sum. Intepro America, LLC., which specializes in the marketing of power electronics test systems in the North American market, is acquiring Schaffner ...
- Happel: "The restructuring of the former mg technologies is bearing fruits. GEA Group is today a focused and profitable company." - Happel will not be available for re-election to the supervisory board in May - Shares will be offered to international institutional investors (including in the US) through an accelerated bookbuild led by ...
Burscheid, Germany/Prague, Czech Republic (ots) - Johnson Controls has been recognized by the World Diversity Leadership Council as winner of the global Corporate Diversity Innovation award. Johnson Controls is being honored with the award based on its supplier diversity joint-venture program and for excellence ...
Micronas Semiconductor Holding AG
Acquisition complements Micronas' portfolio of state-of-the-art HD display products Zurich (ots) - Micronas (SWX Swiss Exchange: MASN, Frankfurt: MNSN, Prime Standard Segment, TecDAX) today announced the close of its purchase of all shares of fabless semiconductor company WISchip International Ltd. with operational headquarters in Santa Clara, CA. On October 26, 2005, Micronas had announced a definitive ...
Letter of intent concerning the sale of the Test Systems sub-unit Power Electronic ready for signature Luterbach (ots) - The Schaffner Group recorded net sales of CHF 166.8 million (2003/2004: CHF 175.4 million) in fiscal 2004/2005 in an extremely demanding environment. Order intake was CHF 173.8 million (CHF 176.3 million), and the book-to-bill ratio improved to 1.04 (1.01). EBIT was CHF 3.1 million (CHF 5.9 ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) recorded consolidated net sales of CHF 166.8 million (fiscal 2003/2004: CHF 175.4 million) in fiscal 2004/2005, in line with market expectations (CHF 164 million to CHF 169 million). With order intake of CHF 173.8 million (CHF 176.3 million), the ...
Herisau/Pfäffikon (ots) - HUBER+SUHNER, a leading global supplier of components and systems for electrical and optical connectivity, is pleased to announce that Mr Guy Petignat will join the company as COO Fiberoptic + Cable Technology and member of the Executive Group Management as of January 1, 2006. Mr Petignat (47) is currently COO for Kaba Key + Ident ...
Micronas Semiconductor Holding AG
Zurich (ots) - The Frankfurt Stock Exchange has today published its decision regarding the delisting of the shares of Micronas Semiconductor Holding AG from the Frankfurt Stock Exchange (Prime Standard Segment). Accordingly, Micronas shares will only be traded on the Frankfurt Stock Exchange until December 20, 2005. Micronas had announced on July 8, 2005, to ...
Luterbach (ots) - Components also enjoys marked improvement in orders The Schaffner Group (SXW Swiss Exchange: SAHN) received a number of orders early in the fourth quarter of its fiscal year for test systems to measure EMC emissions and interference resistance. The largest single order - worth a total of USD 1.3 million (CHF 1.6 million) - came from the US subsidiary of a global product testing group. The new orders ...
Herisau /Pfäffikon (ots) - For the HUBER+SUHNER Group, a leading global supplier of components and systems for electrical and optical connectivity, the first six months of 2005 were characterized by solid execution in a business environment which was less buoyant than the corresponding period the year before. The operating result (EBIT) improved by 7% to 24.3 mCHF (22.7) and the Net Income of 24.3 mCHF (19.9) ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) will focus on the global business with components and modules for ensuring the efficient functioning of electrical and electronic devices. All resources are systematically geared towards the Components business, which is profitable over the long term and has to date accounted for two-thirds of group sales on average. The business has potential for ongoing ...
Winterthur Technology Group today announced the successful completion of its IPO on the SWX Swiss Exchange which was more than three times oversubscribed. The issue price for one registered share has been set at CHF 33.00. The shares will commence trading on 1 July 2005. Zurich (ots) - Winterthur Technology set the issue price at CHF 33.00 per share, the ...
Luterbach (ots) - The Schaffner Group (SWX Swiss Exchange: SAHN) posted net sales of CHF 79.3 million in the first six months of fiscal 2004/2005 (first half 2003/2004: CHF 86.2 million). EBITA and EBIT both amounted to CHF 0.4 million (down from CHF 3.6 million and CHF 2.6 million, respectively). After deducting ...
The Schaffner Group posted sales of CHF 79.3 million in the first half of fiscal 2004/2005 (first half of 2003/2004: CHF 86.2 million). Order intake fell from CHF 93.6 million to CHF 88.4 million. The book-to-bill ratio after six months was 1.11 (fiscal 2003/2004: 1.08). Sales rose 17.7% quarter-on-quarter in the second quarter of 2004/2005 to CHF 42.9 million, ...
Luterbach (ots) - - Dividend payment of CHF 2.00 per registered share - Leo Steiner Chairman of the Board of Directors - new head of the Test Systems business presented Resumption of dividend payments The 9th Annual General Meeting of Shareholders of Schaffner Holding AG, which was held on January 12, 2005, approved a gross dividend of CHF 2.00 per ...
Luterbach (ots) - In the first quarter of fiscal 2004/2005, the Schaffner Group posted net sales of CHF 36.4 million (Q1 2003/2004: CHF 36.6 million). Adjusted for currency effects, consolidated net sales were up 2.6% year-on-year. Overall, the consolidated order intake for the first three months of the current ...
Dividend proposal CHF 2 per share ( three-year framework agreement worth CHF 14 million for Components Luterbach (ots) - The Schaffner Group recorded net sales of CHF 175.4 million (fiscal 2002/2003: CHF 163.4 million) in fiscal 2003/2004, up 7.4% (5.9% after adjustment for currency effects) on the year-back figure. EBIT grew by 24% to CHF 5.9 million (CHF 4.8 million), with the net result rising to CHF 2.3 million, ...
Fürth/Thun (ots) - In a public invitation to tender, RUAG Ammotec, a subsidiary of the RUAG technology group, has won a major order for its 9 mm "Action" ammunition from the Royal Netherlands Constabulary. The order is worth 17 million euros. RUAG's newly developed product, which is based on Sintox technology, saw off competition from six other European bidders. RUAG Ammotec is Europe's leading supplier of small ...
Resolution Performance Products Inc.
Houston, November 9 (ots/PRNewswire) - Resolution Performance Products Inc., the world's leading manufacturer and developer of epoxy resins, is pleased to announce that Mr. Carl S. Stutts has been elected to the Board of Directors. Mr. Stutts was the President and Chief Executive Officer (CEO) of Texas Petrochemicals, a US$700 million petrochemical company, from April 2003 to July 2004 and was previously Executive ...
SÃO PAULO, Brasil, November 5 (ots/PRNewswire) - The Machines, Raw Materials and Accessories Trade Fair for the Furniture Industry, FIMMA BRASIL, is to be held in 2005 for the seventh time, in Bento Gonçalves/RS, in the south of Brazil, from March 15 to 19, and its marketing scope is to be extended to cater for the wood and furniture production chain in Latin ...
Resolution Performance Products LLC
Houston, November 4 (ots/PRNewswire) - Resolution Performance Products LLC, the world's leading manufacturer and developer of epoxy resins, today reported its financial results for the third quarter of 2004. The third quarter results include total revenues of US$245 million, operating income of US$8 million and ...
Paris (ots/PRNewswire) - Valeo announced today the acquisition of all of the shares held by Bosch Automotive Systems Corp. (Japan) in its subsidiary Valeo Climatisation SA, representing 7% of the share capital and voting rights. Through the additional 7% of shares, Valeo now controls 100% of the capital and voting rights of the holding company within which Valeo's climate control activities are held. The Valeo ...
Resolution Performance Products LLC
Houston (ots/PRNewswire) - Resolution Performance Products LLC, the world's leading manufacturer and developer of epoxy resins, is pleased to announce that Mr. George M. Tomko has been selected as Vice President and Chief Information Officer. Mr. Tomko will replace Ms. Hanna M. Lukosavich, who resigned in July of this year. Mr. Tomko joins Resolution Performance ...
Bento Goncalves, Brazil (ots/PRNewswire) - In the news release, "Brazil Holds World's Sixth Largest Trade Show" issued on 5 Oct 2004 11:00, by Carla Schmitz Assessoria over PR Newswire, we are advised by a representative of the company that there should have been a website, "http://www.fimmabrasil.com.br", in the contact information at the end of the release as originally issued inadvertently. Complete, corrected ...
Paris, France (ots/PRNewswire) - Valeo has been working on improving air quality in the cabin for many years. In order to promote user comfort and, above all, to provide better protection from pollution, Valeo has designed six innovative systems, creating new benchmarks in this field. The new systems not only protect the passengers in the vehicle from external pollution, but also counteract odors and purify the air in ...
Biel-Bienne (ots) - Swatch has now successfully participated at three Olympic Games as the Official Timekeeper (1996 in Atlanta, 2000 in Sydney and 2004 in Athens, where the company was also responsible for on-venue results systems and integration services), and Swatch Group Ltd. has now decided that its most traditional timekeeping brand worldwide, Omega Ltd., will assume this responsibility. Omega Ltd. will be ...
Beijing (ots) - Prestige Swiss watchmaker Omega, Official Timekeeper of the Beijing 2008 Olympic Games, today unveiled a giant clock in Tiananmen Square that counts the days, hours, minutes and seconds remaining to the Opening Ceremony of the Games of the XXIX Olympiad on August 8th, 2008. It is a considerable honour for Omega, and also signals the company's ...