DOCSLIB.ORG

Annual Report 2019 KEY FIGURES

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2019 KEY FIGURES Annual Report 2019 KEY FIGURES Lufthansa Technik Group at a glance ANNUAL REPORT 2019 I 3 Revenue 6,920,794 6,104,971 2019 2018 (all figures in thousands of euros) 2019 2018* Sales revenue 6,920,794 6,104,971 Adjusted EBIT 492,636 445,827 EBT 450,051 412,449 Investments 312,842 243,989 Amortization on fixed assets 206,955 126,463 Balance sheet total 7,547,954 6,509,531 Employees (annual average) 25,872 23,833 Personnel expenditure 1,671,342 1,551,723 * previous year’s figures adjusted restated due to allocation of LHIND Group DLH to Lufthansa Technik FOREWORD FROM THE EXECUTIVE BOARD Soeren Stark (Technical Operations, Logistics and IT), Constanze Hufenbecher (Finance, Corporate Services and VIP), Dr. Johannes Bussmann (Chairman of the Executive Board), Antonio Schulthess (HR and Technical Services) ANNUAL REPORT 2019 I 5 Dear Ladies and Gentlemen, This is a very special year for our company: The overall competitive environment is also changing, as Lufthansa Technik AG turns 25, and looking back at the manufacturers of aircraft, engines and equipment aggres- 2019 financial year is also a look back at a quarter of a sively force their way into the attractive MRO market. Added century as an independent company: to this are demographic challenges and the lack of qualified specialists on the labor market. Moreover, climate policy Over the past 25 years we have transformed Lufthansa’s measures in Europe will further increase the already massive technical operations into Lufthansa Technik, the world market competitive pressure in the airline industry. leader in our industry for maintenance, repair and overhaul (MRO). Today we support more than 5,000 aircraft from over With a view to securing future business volume for many 800 airlines, and have increased sales by approximately 60 % years to come, especially in growth markets, we have invested in the past five years alone. heavily in new technologies and locations around the world in recent years, and have entered into partnerships with major At the same time, the current year also shows us how volatile engine and component manufacturers. We also invest heavily and vulnerable our industry is: the crisis triggered by the in the training and qualification of new employees. corona virus is hitting air traffic in particular. Travel restric- tions, the cancellation of trade fairs, conferences, business We have particularly focused on the digitization of the indus- and private trips are causing many airlines to cancel flight try. The vast quantities of aircraft data transmitted in real time connections and ground aircraft. This will also have an impact and new possibilities for analysis open up completely new on the MRO industry. avenues for technical fleet operation. And the successes we enjoyed in the past year in particular have strengthened our Even though we cannot yet foresee the effects this crisis may resolve to continuously move our business into the digital age have on our company, on the basis of past experience we together with our customers. anticipate that the industry will recover relatively quickly from this exogenous shock. For this reason, we remain optimistic The company’s success in 2019 is largely due to the skills and about the longer term: we expect the market to continue to dedication of our employees. We would like to thank every grow at an average annual rate of 7 % up to 2029 (by region, one of them for their hard work and commitment. And, of primarily in Asia, and by sector, particularly in the engine course, we would also like to thank our customers for their segment). cooperation and trust. To be in a position to make the most of this potential, we have already made preparations for key technological, eco- nomic and social shifts: New technologies with new materials, manu facturing and repair methods require substantial invest- ment in know-how, expertise, skills and new business models. This increases the pressure for consolidation in our industry, especially for those who have not responded to it in good time. MAINTENANCE AND BEYOND We are the leading provider of aircraft maintenance, repair, overhaul and modification services for civil aircraft, from commercial to VIP and special mission aircraft. As the holder of inter- national licenses for maintenance, design and production, we provide tailored maintenance programs, modifications, completions and conversions as well as innovative cabin products, material pooling and engine services. We even offer digital fleet support. LUFTHANSA TECHNIK AT A GLANCE 5,000+ 850+ 26,000 1995 aircraft under customers employees founded as exclusive contract worldwide worldwide independent company ANNUAL REPORT 2019 I 7 A WORLD OF SERVICES FOR YOU Aircraft on Ground Airline Support Teams I AOG Materials Desk Maintain Aircraft I Engines I Components I Composite Structures I Landing Gear Optimize Innovation & Digitalization I Engineering I Modifications I Inflight Entertainment & Connectivity Specialize VIP I Special Mission I Military I Leasing & Trading Digitalize AVIATAR: The Digital Operations Suite I AVIATION DataHub I manage/m® Special Services Logistics I Technical Training I Ground Support Equipment TRIPLE COMPETENCE We are certified around the globe as a maintenance (Part 145), design (Part 21 / J) and production (Part 21 / G) organization. Maintenance Design Product Lufthansa Technik has been Holding Design Organisation As holder of production approvals, approved as a maintenance Approvals (DOA) allows Lufthansa Lufthansa Technik is authorized organization by the authorities Technik to perform, for example, to manufacture components for of the EU and more than modifications or repairs on aircraft aircraft construction. 40 other countries. for which Lufthansa Technik does not hold a type certificate. th Hamburg Every 5 38 commercial aircraft in the is our headquarters subsidiaries and world is served by us affiliates worldwide STATUS REPORT LUFTHANSA TECHNIK LUFTHANSA TECHNIK Lufthansa Technik is the world’s leading provider of maintenance, repair and overhaul services for commercial aircraft. Focus on innovations and digital products. Active promotion of international growth. Earnings up on previous year. ANNUAL REPORT 2019 I 9 Business activities Business and operational development Lufthansa Technik is the world’s leading MRO provider Focus remains on innovations and digital products Lufthansa Technik is the world’s leading manufacturer- In 2019, Lufthansa Technik continued the development of independent provider of maintenance, repair and overhaul AVIATAR, its proprietary, independent and integrated soft- (MRO) services for civilian commercially operated aircraft. The ware platform. AVIATAR helps customers manage complex Lufthansa Technik Group consists of 38 companies worldwide fleet operations in real time and assists in error prediction for that offer aeronautical services. The company has direct and individual components, thus supporting the digital trans- indirect interests in 68 companies. Lufthansa Technik AG formation in aviation. More than 30 different modules are provides services to more than 850 customers worldwide, already available for the diverse needs of the aviation industry. including airlines, manufacturers, aircraft leasing companies and VIP jet operators. Companies within the Group account The company also specializes in additive manufacturing, for about one third of its business, and external customers for the Internet of Things, and automation. The RoCCET project about two thirds. (Robot Controlled Cockpit Electronics Testing), for example, developed the world’s first robot for the fully automatic The range of services offered by Lufthansa Technik includes testing of cockpit controls. the eight business segments of aircraft maintenance, aircraft overhaul, engine maintenance, component maintenance, aircraft systems, the development and manufacture of cabin products, the creation of digital products, and the outfitting and support of VIP aircraft. The range of products and ser- vices offered extends to differently structured products and product combinations, from the repair of individual appliances to consulting services and the fully integrated supply of entire fleets. KEY FIGURES LUFTHANSA TECHNIK 2019 2018 change (%) Revenue € m 6,921 6,105 13 of which with Lufthansa Group companies € m 2,543 2,178 17 Adjusted EBITDA € m 700 572 22 Adjusted EBIT € m 493 446 11 EBIT € m 502 445 13 Adjusted EBIT-Marge % 7.1 7.3 –0.2 P Adjusted ROCE % 6.8 7.4 –0.6 P EACC € m 148 144 3 Investments € m 313 244 28 Employees at 31 December No. 26,650 24,594 8 Employees – annual average No. 25,872 23,833 9 Fully consolidated companies No. 25 22 14 STATUS REPORT LUFTHANSA TECHNIK Lufthansa Technik continues to drive international growth In 2019, XEOS, a joint venture with GE Aviation for the maintenance, repair and overhaul of GEnx-2B and GE9X engines, was opened in Poland. In addition, EME Aero, a joint venture with MTU Aero Engines, commenced operations in 2019. The location in Jasionka, 5,018 Poland, is one of the largest and most modern MRO service centers for the PW1000 G GTF engine family. Also in the engine sector, the purchase of a plot of land marked the start of the establishment of aircraft under Lufthansa Technik Miskolc (Hungary). Starting in 2022, engine parts are to be repaired and overhauled there. exclusive contract AERQ, a joint venture with LG Electronics, was founded in April 2019 with the aim of developing new products for the digitization of aircraft cabins and entering the market as a manufacturer of innovative aircraft components. Important contracts extended and new ones concluded In 2019, the number of aircraft supported under exclusive contract was 5,018. 25 new customers were acquired in the 2019 financial year, and 625 contracts with a contractual volume of 4.1 billion 625 euros were concluded for 2019 and the following years. Among others, this included a fully comprehensive ten-year contract for the supply of components to the A320 fleet of Asiana Airlines. new contracts with 25 new customers Global capacities expanded to meet demand In order to meet the growing demand for MRO services, Lufthansa Technik is continuously expanding its worldwide capacities and product portfolio.
Load more

Recommended publications
  • Offizielle Mitteilung Der Schweizer Boerse
    Bekanntmachung auf KeyInvest Änderung der Valorennummer und ISIN der Unilever N.V. Change of the Valor number and ISIN of Unilever N.V. Im Zusammenhang mit der Änderung der Valorennummer und ISIN der Unilever N.V. (Bloomberg Code: UNA NA) wurden die Bedingungen der unten genannten Produkte der UBS AG, per 1. Juli 2019 angepasst. Die detaillierten Informationen befinden sich in der entsprechenden Produktedokumentation (Termsheets). With regard to the change of the Valor number and ISIN of Unilever N.V. (Bloomberg Code: UNA NA) UBS AG will adjust the terms of the following products as of 1st July 2019. Detailed information can be found in the respective product documentation (Termsheets). ISIN Name CH0391674139 6.25% p.a. EUR Kick-In GOAL linked to worst of Henkel / Unilever / Beiersdorf / BASF CH0400505621 6.50% p.a. CHF Kick-In GOAL linked to worst of Unilever / Nestlé / Anheuser-Busch / Danone CH0420778752 5.00% p.a. EUR Kick-In GOAL linked to worst of Carrefour / Danone / Nestlé / Unilever CH0410512831 5.50% p.a. EUR Kick-In GOAL linked to worst of Nestlé / Unilever / Danone / Kellogg CH0426877814 5.50% p.a. CHF Kick-In GOAL linked to worst of Barry Callebaut / Mondelez / Danone / Unilever CH0434742570 5.50% p.a. EUR Kick-In GOAL linked to worst of Beiersdorf / Henkel / LOréal / Unilever CH0456067161 8.00% p.a. EUR Callable Kick-In GOAL linked to worst of adidas / LOréal / Unilever / Carrefour CH0468335655 6.00% p.a. EUR Callable Kick-In GOAL linked to worst of Mondelez / Danone / Unilever CH0472609830 8.00% p.a. EUR Kick-In GOAL linked to worst of Carrefour / Danone / Unilever CH0477599200 8.50% p.a.
    [Show full text]
  • Notice of the Annual Stockholders' Meeting
    OF THE OF on April 27, 2012 NOTICE MEETING OF BAYER AG MEETING OF BAYER ANNUAL STOCKHOLDERS’ STOCKHOLDERS’ ANNUAL Please fill out in block letters Please Surname affix stamp First Name Street and house number Postal code Bayer AG c /o Finger Marketing Services Country Postfach 100538 41405 Neuss E-mail Germany Phone 2 CONTENTS NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING 2012 KEY DATA 23 Contents Key data 2010 2011 Change AGENDA € million € million % Sales 35,088 36,528 + 4.1 1. Presentation of the adopted annual fi nancial 3 EBIT 1 2,730 4,149 + 52.0 statements and the approved consolidated fi nancial EBIT before special items 2 4,452 5,025 + 12.9 statements, the combined management report, the re- EBITDA 3 6,286 6,918 + 10.1 port of the Supervisory Board, the explanatory report by EBITDA before special items 2 7,101 7,613 + 7.2 the Board of Management on takeover-related disclosu- EBITDA margin before special items 4 20.2% 20.8% res, and the proposal by the Board of Management on the Income before income taxes 1,721 3,363 + 95.4 one-time delivery delivery regular one-time delivery delivery regular appropriation of distributable profi t for the fi scal year as an app and on the internet Net income 1,301 2,470 + 89.9 2011, as well as the resolution on the appropriation of Earnings per share (€) 5 1.57 2.99 + 90.4 distributable profi t. Core earnings per share (€) 6 4.19 4.83 + 15.3 2.
    [Show full text]
  • Henkel AG & Co. Kgaa
    Second Supplement dated 14 January 2020 to the Prospectus dated 4 July 2019 as supplemented by the First Supplement dated 18 September 2019 This document constitutes a supplement (the "Second Supplement") within the meaning of Article 46(3) of Regulation (EU) 2017/1129 of the European Parliament and the Council of 14 June 2017 (the "Prospectus Regulation") in connection with Article 13 Luxembourg law relating to prospectuses for securities dated 10 July 2005, as amended, (Loi relative aux prospectus pour valeurs mobilières, the "Luxembourg Law 2005"), which implemented Directive 2003/71/EC of the European Parliament and the Council of 4 November 2003, as amended (the "Prospectus Directive") to the base prospectus of Henkel AG & Co. KGaA in respect of non- equity securities within the meaning of Art. 22 No. 6(4) of the Commission Regulation (EC) No. 809/2004 of 29 April 2004, as amended, ("Non-Equity Securities") (the "Debt Issuance Programme Prospectus" or the "Prospectus"). This Second Supplement is supplemental to, and must be read in conjunction with the Debt Issuance Programme Prospectus dated 4 July 2019 as supplemented by the first supplement dated 18 September 2019 (the "First Supplement") (the Prospectus together with the First Supplement, the "Supplemented Prospectus"). Henkel AG & Co. KGaA (Düsseldorf, Federal Republic of Germany) as Issuer EUR 6,000,000,000 Debt Issuance Programme (the "Programme") The Issuer has requested the Luxembourg Commission de Surveillance du Secteur Financier (the "Commission") in its capacity as competent
    [Show full text]
  • Henkel Case A
    A GRAND ENTRANCE? Li Ning’s Emergence as a Global, Chinese Brand CASE DEVELOPMENT CENTRE Henkel Customs Broker Rationalisation This case was prepared by Professor Albert Veenstra and Rebecca Chung, with the assistance of Lukas Lohrer. We would like to thank Tesse Douma at Henkel for his information and opinions. This case is based on field research data. It is written to provide material for class discussion rather than to illustrate either effective or ineffective handling of a management situation. Copyright © 2018 RSM Case Development Centre, Erasmus University. No part of this publication may be copied, stored, transmitted, reproduced or distributed in any form or medium whatsoever without the permission of the copyright owner. Please address all correspondence to [email protected]. Henkel: Customs Broker Rationalisation This case explains the customs broker rationalisation programme for European operations of the German multinational conglomerate Henkel AG & Co. KGaA since 2015. Henkel is a manufacturer of adhesive, beauty care, laundry and home care products with 170 production sites in 57 countries and sales in over 150 countries. The case shows how the company’s Global Customs Management and Export Compliance project team in Amsterdam designed and launched the programme, and invited customs broker candidate firms for a final selection in summer 2016. What should the evaluation criteria be for selecting the right broker? Introduction In Summer 2016, an important recommendation was about to be made by Head of the Global Customs Management and Export Control project unit (hereafter “the Compliance team”) of the multinational conglomerate Henkel AG & Co. KGaA (Henkel). He wanted his management superiors to significantly change the company’s approach towards global trade management.
    [Show full text]
  • Invitation to the Ordinary Annual General Meeting on April 1, 2021 (Virtual Annual General Meeting)
    This English translation is provided for convenience only. The German text shall be the sole legally binding version. Invitation to the Ordinary Annual General Meeting on April 1, 2021 (Virtual Annual General Meeting) Beiersdorf Aktiengesellschaft, Hamburg Wertpapier-Kennnummer 520000 ISIN DE0005200000 HEALING OINTMENT 2 Beiersdorf AG Invitation Beiersdorf Aktiengesellschaft share- holders are hereby invited to attend the Company’s Annual General Meeting to be held on Thursday, April 1, 2021, at 10.30 a.m. (CEST) Against the background of the still ongoing coronavirus pandemic and the importance of protecting all parties involved, this year’s Annual General Meeting will again be held as a virtual meeting without the physical presence of the shareholders or their proxy- holders Overview containing information in accordance with Section 125 of the German Stock Corporation Act (AktG) in conjunction with Table 3 of the Implementing Regulation (EU) 2018/12122 A. Specification of the message 1. Unique identifier of the event: Beiersdorf_AGM_2021 2. Type of message: Notice of Annual General Meeting B. Specification of the issuer 1. ISIN: DE0005200000 2. Name of issuer: Beiersdorf Aktiengesellschaft C. Specification of the meeting 1. Date of the General Meeting: 2021-04-01 2. Time of the General Meeting: 08:30 a.m. UTC [corresponds to 10:30 a.m. CEST] 3. Type of General Meeting: Annual General Meeting 4. Location of the General Meeting: https://www .beiersdorf.com/annual-general-meeting 5. Record Date: 2021-03-10 [Record Date within the meaning of § 123 Abs. 4 AktG and § 18 Abs. 2 of the Articles of Association of Beiersdorf Aktiengesellschaft is March 11, 2021] 6.
    [Show full text]
  • Beiersdorf Ag Company Report
    MASTERS IN FINANCE BEIERSDORF AG COMPANY REPORT PERSONAL CARE AND SELF-ADHESIVE/ SEALANT 3 JANUARY 2018 STUDENT: CONSTANTIN FELIX WAGNER [email protected] Stable and solid growth Recommendation: HOLD Vs Previous Recommendation HOLD Achieving growth through two distinct businesses Price Target FY18: 91.35 € Vs Previous Price Target NA€ Price (as of 3-Jan-18) 97.90 € ▪ We recommend holding Beiersdorf AG given our FY price Reuters: Bloomberg: target of EUR 91.35 per share that corresponds to an overall downside potential of -6.69% against the current price level of EUR 52-week range (€) 83.95-91.03 97.90 as of 2nd January 2017. Market Cap (€m) 24,671 Outstanding Shares (m) 252 ▪ Dividends attributable to shareholders resulted to EUR Source: Bloomberg 1.49, what is derived by a payout ratio of 39.4% in FY 2018. This in return led to a net shareholder return of EUR 92.84, what represents a downside potential of -5.17%. ▪ Beiersdorf relevant operating markets will experience modest growth, although the European market showed low growth rates of 2.1% and 3.5% for the personal care and self-adhesive and sealant market respectively. China is expected to continue to Source: Bloomberg be the most growing market for the adhesive and sealants (Values in € millions) 2017 2018E 2019F industry. Revenues 7,056 7,347 7,649 EBITDA 1,279 1.394 1,516 ▪ The worldwide personal e-commerce segment revenue is Net Profit 796 882 974 expected to increase by a CAGR of 19.5% from FY 2017 until FY EPS 3.42 3.79 4.19 P/E 26.6 24.0 21.8 2022.
    [Show full text]
  • Euro Stoxx® Large Index
    EURO STOXX® LARGE INDEX Components1 Company Supersector Country Weight (%) SAP Technology Germany 4.46 ASML HLDG Technology Netherlands 3.95 LINDE Chemicals Germany 3.47 LVMH MOET HENNESSY Personal & Household Goods France 3.31 SANOFI Health Care France 3.03 SIEMENS Industrial Goods & Services Germany 2.65 TOTAL Oil & Gas France 2.44 ALLIANZ Insurance Germany 2.24 UNILEVER NV Personal & Household Goods Netherlands 2.10 L'OREAL Personal & Household Goods France 2.03 AIR LIQUIDE Chemicals France 1.99 IBERDROLA Utilities Spain 1.86 SCHNEIDER ELECTRIC Industrial Goods & Services France 1.75 ENEL Utilities Italy 1.74 BAYER Health Care Germany 1.69 ADIDAS Personal & Household Goods Germany 1.55 BASF Chemicals Germany 1.50 DEUTSCHE TELEKOM Telecommunications Germany 1.46 Kering Retail France 1.32 VINCI Construction & Materials France 1.27 ANHEUSER-BUSCH INBEV Food & Beverage Belgium 1.24 BNP PARIBAS Banks France 1.20 ADYEN Industrial Goods & Services Netherlands 1.20 AIRBUS Industrial Goods & Services France 1.20 DEUTSCHE POST Industrial Goods & Services Germany 1.17 DAIMLER Automobiles & Parts Germany 1.15 DANONE Food & Beverage France 1.12 PHILIPS Health Care Netherlands 1.09 Prosus Technology Netherlands 1.06 AXA Insurance France 1.04 SAFRAN Industrial Goods & Services France 1.02 MUENCHENER RUECK Insurance Germany 1.01 ESSILORLUXOTTICA Health Care France 1.00 INTESA SANPAOLO Banks Italy 0.93 Vonovia SE Real Estate Germany 0.93 INFINEON TECHNOLOGIES Technology Germany 0.90 KONE B Industrial Goods & Services Finland 0.89 AHOLD DELHAIZE Retail
    [Show full text]
  • From Good Intentions to Real Results – Corporate Citizenship of Germany's DAX 30 Companies
    FROM GOOD INTENTIONS TO REAL RESULTS Corporate Citizenship of Germany’s DAX 30 Companies + Relevance: Why is Corporate Citizenship a CEO topic? + Trends: What are current and future expectations regarding Corporate Citizenship? + Current practice: How do DAX 30 companies engage in societal causes? + Good practices: What does good Corporate Citizenship look like? + Advice: How can you revise your own Corporate Citizenship approach? 03 01 EXECUTIVE CONTENTS SUMMARY 01 EXECUTIVE SUMMARY __ PAGE 03 We consider Corporate Citizenship as the contributions of businesses to society through the combination of core business activities, CORPORATE CITIZENSHIP social investment and philanthropy, and __ 02 IN A WORLD OF SOCIETAL CHALLENGES PAGE 06 participation in the public policy process. (World Economic Forum, 2002) 03 METHODOLOGY OF THE STUDY __ PAGE 10 04 CORPORATE CITIZENSHIP OF DAX 30 COMPANIES __ PAGE 13 The world is facing dramatic challenges ranging from social people from both the for-profit and non-profit sectors still INTEGRATED CORPORATE CITIZENSHIP: inequality and climate change to healthcare systems that argue that companies should focus on their business and 05 SCHNEIDER ELECTRIC are stretched to the limit. Recognizing these challenges, limit their social activities to paying taxes and simply making the United Nations with their Sustainable Development donations to Non-Governmental Organizations (NGOs). __ AS GOOD PRACTICE EXAMPLE PAGE 20 Goals (SDGs) are calling upon all members of society to play their part. However, this view is slowly changing in different parts of the world, with new regulations being put in place to encourage With their expertise and resources, companies can play a key and enforce a more active role of companies in addressing __ SUMMARY AND RECOMMENDATIONS PAGE 21 role in addressing these societal challenges: the fact that the societal changes.
    [Show full text]
  • Personal Care an Essential Component of Living
    Personal Care An essential component of living Activity Report 2012 Activity Report 2012 Personal Care - An essential component of living 1 of 35 TABLE OF CONTENTS WELCOME 3 • TECHNICAL REGULATORY 12 INTRODUCTION 4 • LEGAL AFFAIRS 13 KEYNOTE MESSAGE FROM COMMISSIONER BORG 5 • COMMUNICATIONS AND PUBLIC AFFAIRS 14 NEW NAME, NEW LOOK, NEW PLACE 6 EVENTS 2012 15 COSMETICS EUROPE’S ACTIVITIES THE EUROPEAN COSMETICS MARKET 2012 18 • INTERNATIONAL ACTIVITIES 7 STRUCTURE 22 • ALTERNATIVES TO ANIMAL TESTING 8 MEMBERS 23 • SUSTAINABLE DEVELOPMENT 10 STAFF 32 • REACH 10 MISSION AND GOALS 35 • SELF-REGULATION IN ADVERTISING 11 Activity Report 2012 Personal Care - An essential component of living 2 of 35 PERSONAL CARE - AN ESSENTIAL COMPONENT OF LIVING FABIO FRANCHINA COSMETICS EUROPE PRESIDENT One of the most rewarding aspects of the cosmetics industry Operating in a globalising world, our industry represents a to create improved products, while our commitment to acting is the knowledge that it enriches the lives of citizens on wide diversity of players: worldwide operating multinational responsibly ensures we deliver in a socially responsible manner. a daily basis. Virtually every person in Europe uses various companies alongside thousands of small and medium size cosmetics and personal care items every day, be they soaps, companies. They all are driven by the same passion: to bring This approach can only enhance our reputation as an industry toothpastes, deodorants or any of the many other products the best quality to the consumer through creativity and science and as representatives of that industry. Our stakeholders our industry provides. based innovation and to earn and preserve their trust on a daily recognise that we operate as a modern industry should do: we basis.
    [Show full text]
  • 180706 AR DAX 30 Event Presentation Engl FINAL
    DAX 30 supervisory board study 2018 Selected results July 2018 Jens-Thomas Pietralla & Dr. Thomas Tomkos Board & CEO Practice Private and Confidential The following assessment and evaluation is based on publicly available biographical data *) on supervisory board members of DAX 30 and MDAX companies. Obviously, the effectiveness of supervisory boards also depends on the board culture, the personalities of their members and their constructive dialogue. *) Data sources: bioGraphies made available by companies, invitations to annual meetings, annual reports, voting results from annual meetings; additional externally available bioGraphical data where necessary Private and Confidential 2 Preview... § As expected, the ”super election year 2018” has resulted in siGnificant chanGes: 89 seats were up for election, of which 42 were filled by new candidates § EiGht new diGital directors add critical expertise to the DAX 30 boards. As of 2018 more than half of the companies can rely on this experience § For the first time the share of women amonG shareholder representatives in DAX 30 exceeds 30% § Equivalent representation of women in chairperson and committee positions is still laGGinG behind § While the number of foreiGn board members in DAX 30 declined sliGhtly, the companies are able to attract experienced female board members, especially from the anglophone world § The cross-linkage of “Germany Inc.” is shifting: there are less supervisory board members with more than one DAX 30 mandate; however, several current DAX 30 executive board members take on DAX 30 supervisory board sets for the first time § The average grade of all DAX 30 supervisory boards according to the German school grading system improves aGain: from 2.3 to 2.2 § Lufthansa, Daimler, Bayer and MunichRe lead the rankinG in 2018.
    [Show full text]
  • Merck Annual Report 2009
    More information inside the cover: Business development 2000 – 2009 Merck CONTENTS Annual Report 2009 Publication contributors Published on February 23, 2010 by Merck KGaA, Corporate Communications Frankfurter Strasse 250, 64293 Darmstadt, Germany Tel.: +49 (0) 6151-72 0, fax: +49 (0) 6151-72 5577 E-mail: [email protected] Website: www.merck.de Concept, design and typesetting: XEO GmbH, Düsseldorf, Germany Annual Report 2009 Photographs: Pages 6, 10 and 11: Catrin Moritz, Essen; Pages 1, 2, 4, 35, 51, 57, and 63: Reinhard Koslowski, Düsseldorf Printing: Franz Kuthal GmbH & Co. KG, Mainaschaff, Germany Paper: FSC-certified “heaven 42” by Scheufelen W 840 539 350210 www.merck.de Contents Contents COMPANY BUSINESS DEVELOPMENT 2000 – 2009 2 The history of Merck This overview may include historically adjusted values in order to ensure comparability with 2009. 3 Becoming a global, publicly listed company 4 Merck today 4 The future Change vs. 2008 € million 2000 2001 2002 2003 2004 2005 20061 20071 2008 2009 in % Total revenues 2 6,910 7,721 7,521 7,364 6,017 5,887 4,485 7,081 7,590 7,747 2.1 TO OUR SHAREHOLDERS Pharmaceuticals 3,047 3,484 3,265 3,458 3,601 3,905 2,338 4,900 5,456 5,812 6.5 6 Letter from Karl-Ludwig Kley Merck Serono 1,941 2,228 1,850 1,546 1,619 1,817 1,938 4,480 5,014 5,345 6.6 10 Executive Board Generics 3 790 936 1,096 1,585 1,625 1,712 – – – – – Consumer Health Care 299 320 319 327 357 376 400 420 442 467 5.7 3 MANAGEMENT REPORT Imaging 17 – – – – – – – – – – Chemicals 1,679 1,729 1,791 1,707 1,696 1,906 2,113 2,152 2,127
    [Show full text]
  • Henkel AG & Co. Kgaa
    CERTIFICATE This is to certify that Henkel AG & Co. KGaA Henkel Adhesive Technologies Henkelstraße 67 40589 Düsseldorf Germany with the organizational units/sites as listed in the annex has implemented and maintains an Occupational Health and Safety Management System. Scope: Development, production and sales/marketing of surface treatment chemicals, adhesives, sealants and covering compound systems Through an audit, documented in a report, it was verified that the management system fulfills the requirements of the following standard: ISO 45001 : 2018 Certificate registration no. 069734 OHS18 Date of revision 2020-12-18 Valid from 2020-11-20 Valid until 2023-06-20 Date of certification 2020-11-20 DQS GmbH Markus Bleher Managing Director Certification Body: DQS GmbH, August-Schanz-Straße 21, 60433 Frankfurt am Main, Germany 1 / 28 Annex to certificate Registration No. 069734 OHS18 Henkel AG & Co. KGaA Henkel Adhesive Technologies Henkelstraße 67 40589 Düsseldorf Germany Location Scope Argentina 464416 Henkel Argentina S.A. Manufacturing of adhesives and dispersions. Ruta Nacional 5 km 159,5 Parque Industrial Chivilcoy B6620 - Chivilcoy, Buenos Aires Argentina Australia 463364 Henkel Australia Pty Ltd Design, manufacture, sales/marketing, 7 Stanton Road, Seven Hills warehousing, distribution and trade in New South Wales 2147 adhesives and speciality chemicals. Australia 214691 Henkel Australia Pty Ltd The design, development, manufacture, 135-141 Canterbury Road import, warehousing, distribution, sales and Kilsyth Victoria 3137 marketing of adhesives, sealants, and Australia functional coatings. Austria 255097 Henkel Central Eastern Europe GmbH Management, Sales, Marketing, (Technical) Erdbergstraße 29 Customer Service of Adhesive, Sealants, 1030 Wien Surface treatment chemicals and covering Austria compound systems This annex (edition: 2020-12-18) is only valid in connection with the above-mentioned certificate.
    [Show full text]