DOCSLIB.ORG

Strategy “Smart Factory” Beiersdorf Ag

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Strategy “Smart Factory” Beiersdorf Ag BSS – Beiersdorf Shared Services STRATEGY “SMART FACTORY” BEIERSDORF AG Branch: Consumer Business und adhesive tapes for consumers and industry (TESA). Customers: Consumers, Trade and Industry Regions: Worldwide Sales: 6.300 Mio. €; 17.400 Employees* EBIT: 861 Mio. €* (2014) Beiersdorf’s brands unite international trends with regional consumer needs because no two markets are the same and consumer skin care requirements differ considerably from continent to continent. BSS – Beiersdorf Shared Services 9/6/16 | Page 2 BEIERSDORF AG Branch: Customers: Regions: Sales: EBIT: Consumer Consumers, Worldwide 6.300 Mio. €; 861 Mio. €* Business und Trade and 17.400 (2014) adhesive tapes Industry Employees* for consumers and industry (TESA). Beiersdorf’s brands unite international trends with regional consumer needs because no two markets are the same and consumer skin care requirements differ considerably from continent to continent. BSS – Beiersdorf Shared Services 9/6/16 | Page 3 DRIVERS OF THE BLUECORE PROGRAM – GLOBAL STANDARDIZATION Support the Beiersdorf Business Model BlueCore SC-”Fix the Basics” / FI – Global Standardiza- IT-Strategy tion BSS – Beiersdorf Shared Services 9/6/16 | Page 4 BLUE CORE SUPPORTS THE OVERALL BEIERSDORF BUSINESS MODEL BlueCore has been identified as key driver for standardized Systems & Processes ü Financial Compliance & Reliability ü SC - Fix the Basics Improving Processes / Systems • Reliable Masterdata • Professional Planning Processes • Effective and Efficient Business Steering BSS – Beiersdorf Shared Services 9/6/16 | Page 5 VISION OF “SMART FACTORY” 1 2 3 Common User-Interface – From Data Collection to imme- Flexible design of process multiple devices diate action to further activities steps by the staff 4 5 6 Shopfloor centric Smart mobile Increase Productivity system (remote access and control) with same Quality 7 8 9 Small lot sizes Smart factory run itselfs Context help and flexibility BSS – Beiersdorf Shared Services 9/6/16 | Page 6 STRATEGIES OF “SMART FACTORY” Initial Situation – Year 2009 Complex environment 1 Complex environment 2 Complex environment 3 BSS – Beiersdorf Shared Services 9/6/16 | Page 7 BLUE PARTNERSHIP BSS – Beiersdorf Shared Services 9/6/16 | Page 8 BLUE PARTNERSHIP BSS – Beiersdorf Shared Services 9/6/16 | Page 9 BLUE PARTNERSHIP BSS – Beiersdorf Shared Services 9/6/16 | Page 10 MES PARTNER TREBING + HIMSTEDT • 100 % Private owned and run by founder, established 1992 • From the north to the south: Schwerin (HQ) | Stuttgart | Basel (CH) • International Project Experience • SAP Partner since 2005 • Beiersdorf Partner since 2008 • Core Competence: The SAP MES Experts Manufacturing Execution System (MES) with SAP Portfolio • Plant Performance Management • Variant Production • Traceability • SAP Manufacturing Suite Service Partner and Re-Seller (VAR) • Partner for Industry 4.0 BSS – Beiersdorf Shared Services 9/6/16 | Page 11 SAP MES EXPERTS SAP Manu- facturing Suite BSS – Beiersdorf Shared Services 9/6/16 | Page 12 STRATEGIES OF “SMART FACTORY” The figure present us the current situation of SAP MII Horizontal integration across the entire value chain Vertical integration and networked production systems PP1 PE2 Batch data Material data Status of process orders Safety data Time ticket for process orders Transport order Consumtion Process order Goods receipt Goods receipt OAE-Data Employee data Confirmation of transport orders Truck loading data Time records Confirmation of full pallets Two Central MII-Server BSS – Beiersdorf Shared Services 9/6/16 | Page 13 STRATEGIES OF “SMART FACTORY” Initial Situation Complex environment 1 Complex environment 2 Complex environment 3 BSS – Beiersdorf Shared Services 9/6/16 | Page 14 STRATEGIES OF “SMART FACTORY” Current situation of SAP MII – 1 Environment for 8 Manufacturing Plants Horizontal integration across the entire value chain Vertical integration and networked production systems PP1 PE2 Batch data Material data Status of process orders Safety data Time ticket for process orders Transport order Consumtion Process order Goods receipt Goods receipt OAE-Data Employee data Confirmation of transport orders Truck loading data Time records Confirmation of full pallets Two Central MII-Server BSS – Beiersdorf Shared Services 9/6/16 | Page 15 DATA HIGHWAY – TWO CENTRAL MII SERVERS PLM ERP MII Server I MII Server II Times Traffic Control Center Non Times Sensitive Data: Sensitive Data: Orders Like Orders, Like Master Data Master Data Consumption Confirmations etc. Consumption etc. Fast Lanes Truck Lanes Shop Floor Systems BSS – Beiersdorf Shared Services 9/6/16 | Page 16 STRATEGIES OF “SMART FACTORY” MII – Data Highway: Message Volume per Day PC Template Execution Incoming download Outgoing download Outgoing upload Number of Incoming upload Production messages messages (Shopfloor messages (JCO Plant Shopfloor- messages (MII web- lines (MII Message-Listener) webservice calls) per BAPI calls) Systems Services) per day per day day per day Poland 8 3 2378 5678 3038 3752 Berlin 7 3 2266 5512 2637 3283 Hamburg 34 4 4710 11830 12878 15948 Waldheim 18 3 3239 6567 6786 8443 Tres Cantos 11 3 2632 5932 4158 5160 BM Thailand 7 0 BM Mexico 14 3 SUM 99 22 17.490 41.030 32.135* 39.870 *+ 2000 LRC messages BSS – Beiersdorf Shared Services 9/6/16 | Page 17 CASE 1: AUTOMATIC CONFIRMATION OF PALLETS SAP gUI data entry Automated data entry SAP MII BSS – Beiersdorf Shared Services 9/6/16 | Page 18 CASE 2: AUTOMATIC CONFIRMATION OF TRANSPORT ORDERS SAP MII SAP gUI data entry Stand Laser IPC-Box barcodeScanner Automated data entry BSS – Beiersdorf Shared Services 9/6/16 | Page 19 CASE 3: LOAD RAMP CONTROLLER SAP MII SAP gUI data entry IPC-Box Siemens ET200 „Busklemmen“ Automated data entry RFID Scanner Wide area scanner honk Signal light Button „end truckloading“ creates transfer of material to the LSP (incl. delivery paper) BSS – Beiersdorf Shared Services 9/6/16 | Page 20 CASE 4: TIME RECORDING AND ACCESS MANAGEMENT intern Employee data extern anonymous time records local HR SAP PO SAP MII data for payment BSS – Beiersdorf Shared Services 9/6/16 | Page 21 FUTURE OPPORTUNITIES 1 SAP Plant Connectivity (PCo) 2 Self Service Composition Environment 3 Andon Boards 4 Dashboards for the factory building 5 Flexible autonomous employee scheduling BSS – Beiersdorf Shared Services 9/6/16 | Page 22 POSSIBLE AREAS WHERE SIMILAR SOLUTIONS ARE CONCEIVABLE 1 SAP Plant Connectivity (PCo) BSS – Beiersdorf Shared Services 9/6/16 | Page 23 POSSIBLE AREAS WHERE SIMILAR SOLUTIONS ARE CONCEIVABLE 2 Self Service Composition Environment Self Service Composition Environment (SSCE) is a robust and lean standard- based platform to create, design, configure, and display dashboards based on your needs. BSS – Beiersdorf Shared Services 9/6/16 | Page 24 POSSIBLE AREAS WHERE SIMILAR SOLUTIONS ARE CONCEIVABLE Possible Messages: 3 Andon Boards • Cleaning order in progress • Bulk material not available • Primary packaging material not available • Label shortage • Secondary packaging material not available Wide screens • Staff shortage • Interruption occured • Machine is down • Plant maintenance order is in progress • Process order not started BSS – Beiersdorf Shared Services 9/6/16 | Page 25 POSSIBLE AREAS WHERE SIMILAR SOLUTIONS ARE CONCEIVABLE Possible Messages: 4 Dashboards for the factory building • Cleaning order in progress Tablets with WLAN and /or • Bulk material not available notebooks and/or desktop • Primary packaging material not available • Label shortage • Secondary packaging material not available • Staff shortage • Interruption occured • Machine is down • Plant maintenance order is in progress • Process order not started BSS – Beiersdorf Shared Services 9/6/16 | Page 26 POSSIBLE AREAS WHERE SIMILAR SOLUTIONS ARE CONCEIVABLE 5 Flexible autonomous employee scheduling The aim of KapaflexCy is that the shift schedule is not centrally planned and must be distributed by the shift supervisor, but the employee agree cooperatively - for example, with the aid of social media related functions and other interactive communication technologies on a Smartphone - among themselves to production targets job fair to reach and bring their own needs for leisure time and working in harmony. BSS – Beiersdorf Shared Services 9/6/16 | Page 27 THANK YOU FOR YOUR ATTENTION! BSS – Beiersdorf Shared Services CONTACT Beiersdorf Shared Services GmbH T +49 40 4909-105 Quickbornstrasse 24 F +49 40 4909-4932 20253 Hamburg E [email protected] Germany Intranet (Intern) http://bss-intranet.global.bdfgroup.net/en Intranet (Customer) http://bss-customer.global.bdfgroup.net/en Website http://www.beiersdorf.de/karriere/arbeiten-bei-beiersdorf/unsere-tochterunternehmen BSS – Beiersdorf Shared Services 9/6/16 | Page 29.
Load more

Recommended publications
  • Conversion Report (PDF, 958
    This document is an English translation of the original German language document. The translation is exclusively for convenience purposes. Only the original German language document is authorative and binding. Fresenius SE Change of the Legal Form into a Partnership Limited by Shares Conversion Report of the Management Board Convenience Translation Important Notice: This conversion report is neither an offer to sell voting ordinary bearer shares or non-voting preference bearer shares, nor an invitation to make the Company an offer to buy voting ordinary bearer shares or non-voting preference bearer shares. Such an offer requires special publication as the case may be, and, in so far as required by national law, a separate prospectus. This conversion report is not an offer to sell securities in the United States of America (USA). Securities may be sold or offered for purchase in the USA only with prior registration or without prior registration only on the basis of an exception provided. This conversion report is neither an offer to sell voting ordinary limited partner shares nor an invitation to make the Company an offer to buy voting ordinary limited partner shares. Such an offer requires special publication as the case may be, and, in so far as required by national law, a separate prospectus. This conversion report is not an offer to sell securities in the USA. Securities may be sold or offered for purchase in the USA only with prior registration or without prior registration only on the basis of an exception provided. This document does not constitute an offer document or an offer of transferable securities to the public in the United Kingdom to which section 85 of the Financial Services and Markets Act 2000 of the United Kingdom (“FSMA”) applies and should not be considered as a recommen- dation that any person should subscribe for or purchase any securities as part of the Transaction.
    [Show full text]
  • Assortment Planning
    3DEXPERIENCE for CPG & RETAIL September 2013 1 Our Legacy 2 Our new strategy ‘Social Industry Experiences’ Why Experiences? Consumers buy Experiences An Experience is Bigger Than a Product 3 CPG & RETAIL Segments 4 TOP 5 Cosmetics: Top Markets & Leaders Top 10 Countries of A balanced global market representative of most CPG segments Leaders (HQ) RUSSIA UK France Germany UNITED STATES Spain Italy CHINA JAPAN BRASIL Leaders : L’Oréal, P&G, Unilever, Estée Lauder, Shiseido, Avon, Kao, Beiersdorf, Johnson & Johnson, Chanel 5 Consumer Packaged Goods - Challenges 6 Consumer Packaged Goods : Innovation (Forbes 2013 ranking) 1 Salesforce.com 26 Fanuc 51 Smith & Nephew 76 Roper Industries 2 Alexion Pharmaceuticals 27 Diageo 52 Mondelēz International 77 ASML Holding 3 VMware 28 Hershey 53 Infosys 78 Assa Abloy 4 Regeneron Pharmaceuticals 29 Danone 54 Kellogg 79 Apple 5 ARM Holdings 30 Procter & Gamble 55 Ultrapar Participacoes 80 Air Products & Chemicals 6 Baidu 31 Dassault Systemes 56 Intuit 81 Tenaris 7 Amazon.com 32 Colgate-Palmolive 57 Technip 82 Precision Castparts 8 Intuitive Surgical 33 Ecolab 58 PepsiCo 83 Rockwell Automation 9 Rakuten 34 Monsanto 59 Schlumberger 84 Nintendo 10 Natura Cosmeticos 35 Reckitt Benckiser Group 60 Fresenius Medical Care 85 Cameron International 11 Henan Shuanghui 36 Keyence 61 SMC Corp 86 Secom 12 Coloplast 37 Kone 62 Valeant Pharmaceuticals Intl 87 Schindler Holding 13 Cerner 38 Yahoo Japan 63 Unilever NV 88 Campbell Soup 14 Unicharm 39 BRF-Brasil Foods 64 China Oilfield Services 89 Kubota 15 Estee Lauder Cos
    [Show full text]
  • Managing Political Risk in Global Business: Beiersdorf 1914-1990
    Managing Political Risk in Global Business: Beiersdorf 1914-1990 Geoffrey Jones Christina Lubinski Working Paper 12-003 July 22, 2011 Copyright © 2011 by Geoffrey Jones and Christina Lubinski Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Managing Political Risk in Global Business: Beiersdorf 1914-1990 Geoffrey Jones Christina Lubinski 1 Abstract This working paper examines corporate strategies of political risk management during the twentieth century. It focuses especially on Beiersdorf, a German-based pharmaceutical and skin care company. During World War 1 the expropriation of its brands and trademarks revealed its vulnerability to political risk. Following the advent of the Nazi regime in 1933, the largely Jewish owned and managed company, faced a uniquely challenging combination of home and host country political risk. The paper reviews the firm's responses to these adverse circumstances, challenging the prevailing literature which interprets so-called "cloaking" activities as one element of businesses’ cooperation with the Nazis. The paper departs from previous literature in assessing the outcomes of the company’s strategies after 1945. It examines the challenges and costs faced by the company in recovering the ownership of its brands. While the management of distance became much easier over the course of the twentieth century because of communications
    [Show full text]
  • Research Aktuell Vom 05.05.2020
    5. Mai 2020 Marktdaten im Überblick ...................................................................................................................... 2 Unternehmenskommentare .................................................................................................................. 3 Airbus ............................................................................................................................................... 3 Altria Group ....................................................................................................................................... 5 Beiersdorf ......................................................................................................................................... 7 Microsoft ......................................................................................................................................... 13 MTU Aero Engines ............................................................................................................................ 15 Roche Holding (Genussschein) ......................................................................................................... 21 Safran ............................................................................................................................................. 23 Rechtliche Hinweise ........................................................................................................................... 25 DAILY Marktdaten im Überblick 04.05.2020 01.05.2020 Änderung Deutschland DAX
    [Show full text]
  • Annual General Meeting 2021 Beiersdorf AG, Hamburg April 1, 2021 Speech
    _____________________________________________________________________________________ Annual General Meeting 2021 Beiersdorf AG, Hamburg April 1, 2021 Speech Stefan De Loecker Chairman of the Executive Board – The spoken word applies – _____________________________________________________________________________________ Dear shareholders, Good morning, ladies and gentlemen, and a warm welcome to our 2021 Annual General Meeting. For the second time, our shareholders’ meeting is taking place in an all-virtual format. When we got together for our first online meeting a year ago, we were in the middle of the first lockdown. The COVID- 19 pandemic continues to mean restrictions around the world. Looking back, 2020 asked a lot of us all. And for Beiersdorf, too, it was a challenging year. But it was not a lost year for us. On the contrary: We announced one year ago that we were not only determined to keep impressing consumers with our products, but would also do everything we could to enable Beiersdorf to emerge from the crisis in a stronger position than before. Despite the headwind, that is exactly what we have done. We have even stepped up investment in our future. The coronavirus has clearly demonstrated to us that many changes in our business are happening much faster than we originally anticipated. We have capitalized on this momentum, achieving significant progress in all our strategic focus areas in 2020: First: We responded swiftly to the crisis, demonstrating great agility and shouldering responsibility. Second: We have created additional innovations, very successfully introduced new products in all markets and gained market share in many countries as a result. Third: We significantly increased investment in e-commerce and digital dialogue with customers – boosting our online business in the Consumer Business Segment by 50%.
    [Show full text]
  • Euro Stoxx® International Exposure Index
    EURO STOXX® INTERNATIONAL EXPOSURE INDEX Components1 Company Supersector Country Weight (%) ASML HLDG Technology Netherlands 6.02 LVMH MOET HENNESSY Consumer Products & Services France 4.99 LINDE Chemicals Germany 3.79 SAP Technology Germany 3.62 SANOFI Health Care France 3.20 IBERDROLA Utilities Spain 3.04 SIEMENS Industrial Goods & Services Germany 2.63 AIR LIQUIDE Chemicals France 2.17 SCHNEIDER ELECTRIC Industrial Goods & Services France 2.10 L'OREAL Consumer Products & Services France 2.05 ANHEUSER-BUSCH INBEV Food, Beverage & Tobacco Belgium 1.99 BASF Chemicals Germany 1.89 ADIDAS Consumer Products & Services Germany 1.76 AIRBUS Industrial Goods & Services France 1.68 DAIMLER Automobiles & Parts Germany 1.65 BAYER Health Care Germany 1.61 PHILIPS Health Care Netherlands 1.51 ADYEN Industrial Goods & Services Netherlands 1.49 ESSILORLUXOTTICA Health Care France 1.40 DEUTSCHE TELEKOM Telecommunications Germany 1.36 INFINEON TECHNOLOGIES Technology Germany 1.35 Kering Retail France 1.35 BCO SANTANDER Banks Spain 1.29 SAFRAN Industrial Goods & Services France 1.26 HERMES INTERNATIONAL Consumer Products & Services France 1.10 PERNOD RICARD Food, Beverage & Tobacco France 1.09 CRH Construction & Materials Ireland 1.09 DEUTSCHE POST Industrial Goods & Services Germany 1.05 BCO BILBAO VIZCAYA ARGENTARIA Banks Spain 1.03 FLUTTER ENTERTAINMENT Travel & Leisure Ireland 1.02 DANONE Food, Beverage & Tobacco France 1.00 MUENCHENER RUECK Insurance Germany 0.99 VOLKSWAGEN PREF Automobiles & Parts Germany 0.82 BMW Automobiles & Parts Germany 0.80
    [Show full text]
  • 1 Bekanntmachung in Bezug Auf Die Folgenden Faktor Zertifikate Long
    Bekanntmachung in Bezug auf die folgenden Faktor Zertifikate Long bzw. Short der Goldman, Sachs & Co. Wertpapier GmbH Hinsichtlich der unten genannten Faktor Zertifikate Long bzw. Short ist gemäß der Zertifikatsbedingungen ein Knock-Out Ereignis eingetreten. Die betroffenen Zertifikate werden wie folgt abgerechnet: Knock-Out Datum des Knock- Auszahlungsbetrag WKN Basiswert Optionstyp Knock-Out Barriere Out Ereignisses je Optionsschein in EUR GF4X4R S&P 500(r) Index Short USD 3.644,095734 11. November 2020 0,19 GF4P3U Phillips 66 Short USD 59,5935 11. November 2020 0,18 GF45TK Albemarle Corporation Short USD 110,06371478 9. November 2020 0,1 GF4FHD Albemarle Corporation Short USD 109,76219998 9. November 2020 0,13 GC9W6X Albemarle Corporation Short USD 110,02594999 9. November 2020 0,14 GF4PB8 Coty Inc Short USD 3,75919939 9. November 2020 0,001 GF0TK8 adidas Short EUR 291,44337498 9. November 2020 0,14 GF5FK7 DAX (Performance Index) Short EUR 13.004,58818784 9. November 2020 0,13 GF5LWB DAX (Performance Index) Short EUR 12.991,648199990001 9. November 2020 0,08 GF5FR0 EURO STOXX 50 Index Short EUR 3.349,98300063 9. November 2020 0,1 GF567E EURO STOXX 50 Index Short EUR 3.365,06782498 9. November 2020 0,17 GF5LWF DAX (Performance Index) Short EUR 13.111,821012480001 9. November 2020 0,15 GF5SEY DAX (Performance Index) Short EUR 13.053,043737489999 9. November 2020 0,12 GF567D EURO STOXX 50 Index Short EUR 3.349,98300063 9. November 2020 0,15 GF55XQ DAX (Performance Index) Short EUR 13.004,58818784 9. November 2020 0,19 GF5LWD DAX (Performance Index) Short EUR 13.027,52958461 9.
    [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]
  • Annual Report 2006
    Financial Calendar/Contact Information Beiersdorf at a Glance Passion for Skin & Beauty Care Beiersdorf Annual Report 2006 in € million (unless otherwise stated) 2005 2006 Sales 4,776 5,120 Financial Calendar Change in % (nominal) 5.1 7.2 March 1, 2007 Publication of Annual Report 2006, Annual Accounts Press Conference, Financial Analyst Meeting Change in % (adjusted for currency translation effects) 3.9 7.3 Consumer 4,041 4,327 April 26, 2007 Annual General Meeting tesa 735 793 April 27, 2007 Dividend Payment EBITDA 693 660 May 3, 2007 Interim Report January to March 2007 Operating result (EBIT) 531 477 August 7, 2007 Interim Report January to June 2007 Operating result (EBIT, excluding special factors) 531 597 November 6, 2007 Interim Report January to September 2007, Financial Analyst Meeting Profi t after tax 335 668 January 2008 Publication of Preliminary Group Results Profi t after tax (excluding special factors) 335 387 February/March 2008 Publication of Annual Report 2007, Annual Accounts Press Conference, Financial Analyst Meeting Return on sales after tax in % 7.0 13.0 April 30, 2008 Annual General Meeting Return on sales after tax in % (excluding special factors) 7.0 7.6 Earnings per share in €* 1.45 2.93 May 2008 Interim Report January to March 2008 Earnings per share in € (excluding special factors)* 1.45 1.69 August 2008 Interim Report January to June 2008 Total dividend 129 136 November 2008 Interim Report January to September 2008, Financial Analyst Meeting Dividend per share in €* 0.57 0.60 Gross cash fl ow 435 427 Capital expenditure (incl.
    [Show full text]
  • European Market Outlook - 8 June 2021
    European Market Outlook - 8 June 2021 After a cautious session, European markets ended the day Continental, BMW, MTU Aero Engines, Beiersdorf, Deutsche marginally higher as investors awaited important economic data, Telekom, Deutsche Post, Lufthansa, Daimler, and Merck all finished particularly inflation data from the United States.The latest the day on a positive note in Germany. Linde's stock fell by around quarterly results and other corporate announcements provided 3%. Infineon Technologies, Munich RE, Thyssenkrupp, Volkswagen, some direction, although activity was stock specific. Investors also and E.On were among the companies that closed poorly. kept up with the latest news on coronavirus cases and immunisation campaigns around the world. The Stoxx 600 index in Europe finished 0.22 percent higher. The In economic news, according to Destatis, German manufacturer FTSE 100 in the United Kingdom gained 0.12%, while the CAC 40 orders fell 0.2 percent month over month in April due to sluggish in France gained 0.43 percent. The DAX in Germany fell 0.1 domestic demand, compared to a 3.9 percent growth in March. percent, while the SMI in Switzerland rose 0.52 percent. Factory orders were forecast to climb by 1%, according to economists. On the plus side, Sentix's euro zone index increased to 28.1 from 21.0 in May. BT Group gained 3.7 percent in the UK market. IAG, Persimmon, Rolls-Royce Holdings, Informa, Admiral Group, Land Securities, Barratt Developments, WPP, Barclays Group, CRH, British American Tobacco, Royal Mail, and Lloyds Banking Group all had their stock rise between 1.4 and 2.8 percent.
    [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]
  • COMPANY PROFILE Sovanta AG Sovanta AG Is the Expert in Creating a Better User Experience in the SAP Environment
    COMPANY PROFILE sovanta AG sovanta AG is the expert in creating a better user experience in the SAP environment. We provide customers with end-to-end support – from the initial requirements through to the operation of the innovative solution – and ensure that they can get everything “from a single source”. Our customers benefit from a unique combination of in-depth SAP knowledge and extensive experience in the area of user experience for business applications. User experience is business value Greater productivity, much shorter processes, or higher acceptance of the software solution, together with the associated increase in data quality – these are all measurable factors for a better user experience. There is great potential to get the most out of systems with the help of user experience, especially in the area of SAP. This approach has the decisive advantage that no large investment in new systems is required in many cases. Thus, SAP User Experience projects can simply be implemented based on the existing system landscape or can accompany an S/4HANA migration. sovanta® - leading in SAP User Experience Since the company was founded in 2009, sovanta has focused on simplifying business applications. As one of the first SAP partners, we created a department dedicated specifically to user experience design at the outset and implemented innovative solutions based on existing SAP systems at an early stage. User experience is part of our DNA and is therefore also an integral part of all our products and services. sovanta® User Experience is much more than just beautiful interfaces. For us, it is about ensuring that the software functions properly and optimizing the way in which users interact with the systems.
    [Show full text]