DOCSLIB.ORG

Kudelski Group Annual Report 2004 1 Kudelski Group Annual Report 2004 2 3

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Kudelski Group Annual Report 2004 1 Kudelski Group Annual Report 2004 2 3 Kudelski Group Annual report 2004 1 Kudelski Group Annual report 2004 2 3 Kudelski Group Annual report 2004 Contents 10 Message from the President _ An excellent year with record growth 12 A record year for the Kudelski Group 14 Digital TV for Kudelski 30 Nagra Public Access 40 Nagra Audio 44 Corporate governance 66 Historical overview _ Global leader in conditional access 68 Group companies 70 Addresses for digital TV _ Strong penetration in telecoms and DSL networks _ Conquering Europe’s digital terrestrial television segment _ New development sector: security solutions for mobile phones _ Success of alternative business models: pre-paid/time-limited cards _ Successful integration of Nagra France 4 5 Europe The Group tripled its digital TV revenues in Europe now enjoying major presence across all European market segments. Kudelski Group Annual report 2004 On Paris rooftops, Canal+ uplink satellite dishes France is an important and historic market for the Kudelski Group. The Canal+ Group has been using Kudelski technologies for 15 years. Today, Nagravision deploys its security solutions in the new broadband DSL market segments. 6 7 Americas The Kudelski Group’s digital TV revenues increased 90% on the American market; an exclusively organic growth. Kudelski Group Annual report 2004 EchoStar’s uplink facility The long-standing cooperation with the American satellite operator EchoStar reflects the Group’s philosophy to constantly innovate, anticipate the needs of its clients and help them generate new sources of revenues. 8 9 Asia Asia/Pacific markets are progressively migrating to digital, creating new opportunities for the Kudelski Group. Kudelski Group Annual report 2004 Bangkok, Thailand China, Malaysia, Singapore, Indonesia, Korea... The Kudelski Group’s presence is strengthening in this region with huge growth potential. 10 11 Message from the President Kudelski Group Annual report 2004 In 2004 the Kudelski Group delivered record results, both By increasing its revenues by 50% organically, this division High potential innovations released by the digital television Investing in the future in growth and in absolute figures, with total revenues confirmed its ability to grow on the strength of its own R&D teams also include: increasing by more than 50% to reach CHF 619 million, merits and its own resources in a highly competitive envi- Since its foundation in 1951, Kudelski has never paid divi- EBIT passing the CHF 100 million threshold for the first ronment and under constantly moving market conditions. _ Broadband (DSL) television security solutions, already dends, preferring to reinvest all of its profits into the devel- time, and net profit reaching CHF 77.2 million. chosen in 2004 by French operator neuf telecom. opment of its activities. Today more than ever, we have The acquisition of the conditional access activity of Canal+ strategic development projects to prepare the future However, beyond these figures, 2004 will remain a mile- Technologies – MediaGuard – as well as strong organic _ Solutions for digital video recorders (DVR) that not only growth of the Group that will require reinvesting most of stone in the history of the Group. Management as well as growth have enabled the Kudelski Group to multiply its enable digital TV programs to be recorded securely but the profits. all teams demonstrated their ability to deal with a large digital TV revenues in Europe by three, while in America also offer Push VOD functionalities, offering an instant number of challenges successfully, while paving the way they increased by 90% purely through organic growth. pay-per-view choice of films on demand, coupled with As an example, 29.5% of turnover of the digital television for the Group’s future growth. an exceptional comfort of use. Premiere and EchoStar division is reinvested in R&D, which demonstrates, among In parallel with efforts made to address customer needs, a have already chosen this solution, which they will offer many other instances, the commitment of the Group to All of our activities, aside from Nagra Public Access, special task force worked on integrating the MediaGuard to their customers in 2005. develop its future business. achieved a very good performance. Lysis in particular activity (rolled into Nagra France) within the Group’s digital stood out as a key player in Europe in VOD program man- television division. Today integration has been achieved, _ A security concept especially designed for the secure However, in response to the expectations of a growing agement solutions. Nagra Audio, for its part, saw its best and the Nagra France and Nagravision teams are collabo- distribution of video content on mobile devices, enabling number of shareholders, the Board of Directors has year since 1990, when it was the company’s core business. rating actively in the development of new technologies. digital TV subscribers to access programs when and decided to propose the payment of a dividend of 20 Swiss Nagra France has become a competence center for where they want. centimes per bearer share and 2 centimes per registered several promising projects such as securing access to Pay share, corresponding to 2% of nominal value. Digital television TV services on broadband networks. Recurring business, which includes more than 11.5 million smartcards sold on a rental basis in 2004, new contracts While this dividend may appear to be low, one must bear in 2004 marked the success of the Group’s strategy to both While the Kudelski Group has built its worldwide reputa- as well as technological developments opening new mar- mind the need to maintain the Group’s long-term solidity become the No1 supplier of DTV conditional access sys- tion by developing new technologies, it has always sought kets provide a solid base for the future growth of the DTV and ability to grow. Development opportunities have never tems and expand to promising new sectors at the cross- to release new business models combined with state-of- division. been as numerous as they are today, and at the same time roads of the digital television, internet and mobile worlds. the art technology at the right time. the need to stay at the cutting-edge of technology has never been greater. The growth of the digital television business in 2004 was 2004 was no exception as the Group launched pre- Public access particularly satisfying: all the strategic objectives were paid, disposable smartcards for digital terrestrial televi- In a rapidly changing world, to move more slowly than the reached and the Group took full advantage of new devel- sion. This new business model, chosen by the Italian media Despite a large number of new contracts, the public market is to go backward, and thereby to risk forfeiting our opment opportunities. giant Mediaset, creates a truly new choice for digital ter- access business saw a difficult year in 2004. In an adverse leadership position. It is not just a matter of defining the restrial television viewers. The operator’s new offering met environment, several major medium and long term cost- right targets, but of being quicker off the mark than our with immediate public success: close to 1.6 million cards cutting measures were launched which should deliver first competitors and hard-hitting when necessary. Rather than had been distributed in Italy at the end of the first quarter tangible results in the second half of 2005. In parallel, the increased dividends in 2004, this approach will certainly of 2005. Group decided to accelerate the development of new contribute to delivering a better return on investment to products and expand geographically instead of focusing shareholders in the long run. only on short-term profitability. Some patience will be needed until these efforts come to full fruition, given that business cycles in this sector are longer than in digital André Kudelski television. The public access market is faced with new challenges that offer many opportunities but also entail a few risks. This will require repositioning of the offer, leading to several technological innovations. As in the past, the Kudelski Group is determined to emerge stronger than before from this type of situation. 12 13 A record year for the Kudelski Group Total revenue 600 000 619 046 450 000 455 445 402 355 412 392 359 527 300 000 214 737 150 000 0 1999 2000 2001 2002 2003 2004 426 326 ACMS Margin 400 000 300 000 269 794 250 033 254 948 Kudelski Group 200 000 178 316 Annual report 2004 100000 103 371 In 2004, the Kudelski Group delivered best-ever results, The Group launched several portfolio streamlining initia- 0 with record-breaking revenues and net profit. tives in the Digital TV entity. It sold its ownership stake in 1999 2000 2001 2002 2003 2004 Logiways while maintaining a business partnership and Total revenues increased by over 50% to reach CHF 619 keeping full control over all relevant intellectual property OIBDA 160 000 million. EBIT reached the record level of CHF 101.5 mil- rights secured by the company in the Group’s activity 141 137 lion. Net income also registered strong growth more than sector. Livewire, a US-based subsidiary, was integrated 120 000 doubling compared to 2003 to reach CHF 77.2 million, into Nagravision in the US in early 2005 to rationalize 99 172 while operating cash flow reached CHF 81.7 million. the cost base and to strengthen the Group set-top box 80 000 86 820 strategy. 40 000 48 501 Digital television driving record results The Group also exited from Nagra Futuris, a joint-venture 32 229 in the Digital Audio Broadcasting market, while maintain- 8 608 0 Revenues were up by 93% compared to 2003, thanks to ing property rights over a set of promising patents in the 50% organic growth and the consolidation of MediaGuard.
Load more

Recommended publications
  • THE-POLISH-TRACE-Ebook.Pdf
    8 THE POLISH TRACE COMPOSED FROM COMMONLY AVAILABLE SOURCES BY LECH POLKOWSKI FOR IJCRS2017 FOREWORD It is a desire of many participants of conferences to learn as much as possible about the history and culture of he visited country and place and organizers try to satisfy this desire by providing excursions into attractive places and sites. IJCRS2017 also tries to take participants to historic sites of Warmia and Mazury and to show elements of local culture. As an innovation, we propose a booklet showing some achievements of Polish scientists and cryptographers, no doubt many of them are known universally, but some probably not. What bounds all personages described here is that they all suffered due to world wars, th efirst and the second. These wars ruined their homes, made them refugees and exiles, destroyed their archives and libraries, they lost many colleagues, friends and students but were lucky enough to save lives and in some cases to begin the career overseas. We begin with the person of Jan Czochralski, world famous metallurgist, discoverer of the technique of producing metal monocrystals `the Czochralski methode’ and inventor of duraluminum and the `bahnalloy’ who started his career and obtained its heights in Germany, later returned to Poland, became a professor at the Warsaw Polytechnical, played an important role in cultural life of Warsaw, lived in Warsaw through the second world war and the Warsaw Uprising of August-September 1944 and after the war was accused of cooperating ith occupying German forces and though judged innocent was literally erased from the public life and any information about him obliterated.
    [Show full text]
  • Generate PDF of This Page
    Institute of National Remembrance https://ipn.gov.pl/en/news/8381,The-IPNs-statement-world-media-from-Venezuela-to-Singapore-on-ho w-Poles-changed-.html 2021-09-25, 09:33 25.06.2021 The IPN’s statement: world media from Venezuela to Singapore on how Poles changed the world of technology. A story by the President of the Institute of National Remembrance appears in the latest instalment of the "We Are Telling the World about Poland" series. This weekend, fifty media outlets around the world are publishing “Polish Innovators Have Changed the World”, another text by Jarosław Szarek in the “We Are Telling the World about Poland” project. This initiative of the New Media Institute is supported by the IPN, Foreign Ministry, National Bank and Polish Press Agency. France, Germany, Italy, Spain and Russia will be told about Poland, but the story is also headed for more exotic places, such as Venezuela, Kuwait or Singapore. This weekend, France will be reading it in the “Special Pologne” insert in the “L’Opinion” daily. President Szarek gives examples of Polish explorers, innovators and inventors, “Poles spurred the development of electronics, chemistry and aviation. They constructed portable mine detectors and broke the German Enigma, accelerating the end of the WW2,” writes the IPN’s President, and adds, In the early 1980s, when the world watched the struggle of Polish “Solidarity” and newspapers carried the name of John Paul II on their front pages, only few people knew that 90% of stainless steel almost everyone used daily, including in their kitchens, was produced through a process developed by the US-based Polish engineer Tadeusz Sendzimir, the “Edison of metallurgy .
    [Show full text]
  • Kudelski SA Has Its Registered Offices in Cheseaux-Sur- Main Operating Companies Held Directly Or Indirectly Lausanne
    KUDELSKI GROUP 2017 ANNUAL REPORT CONTENTS SHAPING THE FUTURE OF THE GROUP 2 KEY FINANCIAL DATA 2017 6 THE KUDELSKI GROUP 8 INTEGRATED DIGITAL TELEVISION 20 PUBLIC ACCESS 48 CORPORATE GOVERNANCE 56 COMPENSATION REPORT 80 FINANCIAL OVERVIEW AND STATEMENTS 90 SHAPING THE FUTURE OF THE GROUP Interview with André Kudelski Chairman and Chief Executive Officer of the Kudelski Group How would you characterize 2017 for the The Group accelerated the transformation of its Kudelski Group? iDTV business in 2017 - will it pay off in 2018? In 2017, we have seen simultaneously growing demand The Group’s transformation will not yet realize its full for cybersecurity, IoT security and public access effect in 2018. The process we have launched requires solutions and softer demand for digital TV solutions. important investments in new high potential sectors The weaker demand in digital TV is both structural and together with the streamlining and restructuring of the result of increased caution by customers concerning legacy businesses. The restructuring efforts are expec- new investments. ted to impact 2018 profitability negatively, and we do not expect to fully realize the returns from new investments The slowdown at Conax is a perfect illustration of this this year. trend, in particular in emerging markets. They experienced new demand for Internet TV solutions, but not yet at This transformation means building new teams to a level that compensates fully for the weakness of the address new challenges and at the same time launching legacy digital TV market. cost reduction measures, including the downsizing and active reduction of the total number of sites involved with To address these market changes, the Group has taken our legacy business.
    [Show full text]
  • Intelligent Cybersecurity
    CORPORATE OVERVIEW Intelligent Cybersecurity Innovation. Every Day. [email protected] | www.kudelskisecurity.com Your Trusted Cybersecurity Partner Kudelski Security is an innovative and independent provider of cybersecurity solutions, with offices in Switzerland and across the United States. Our mission is to help large enterprise and public-sector clients build, deploy and manage effective security programs aligned to their business objectives. Our global reach and cyber solutions focus are reinforced by key international partnerships. These include alliances with the world’s leading security technologies as well as specialized services experts, ensuring we can offer clients the resources needed to meet their cybersecurity goals. Timeline 1951 1952 1960 1969 1989 1995 Stefan Kudelski A NAGRA recorder Used to record And taken into space First TV encryption First digital TV access launches NAGRA I, is taken up Mount Marilyn Monroe... on the Apollo Mission systems adopted by solutions launched the first portable Everest... the market audio recorder We work with you to understand your business and security objectives, and deliver solutions from across our four business pillars to help you reach your goals. Research and Development Get new answers to complex challenges through the research and development of custom solutions that make your organization more efficient and secure. IoT Security Cryptography Proprietary Solutions Technology Services Ensure your security architecture is optimally designed, deployed and managed, to reduce risk, drive efficiencies and enable business. Technology Assessments & Architecture & Design Solution Implementation Rationalization Automation & Orchestration Security Tuning & Optimization Innovation is in Our DNA Purposeful innovation is key to creating successful cybersecurity solutions. For Kudelski Security, innovation permeates the organization.
    [Show full text]
  • February / March 2013 Newsletter
    February / March 2013 Innovation, Technology, When You're in Philadelphia's Skilled Workers & Customers! Historic District Visit The Polish American Cultural Center by Michael Blichasz Museum Exhibit Hall Every day more Americans are uniting 308 Walnut Street behind efforts to support American workers representing small and large Featuring Polish History and Culture businesses, non-union and union, and Open 10 AM to 4 PM the self-employed. Although our campaign FREE ADMISSION continues to gain momentum, we have a long way to go to restore jobs in the January through April U.S.A. Our efforts continue to make a Monday to Friday difference and without the growing number of people involved in May through December the Buy American Made Campaign more jobs in America would Polish American Monday to Saturday have been lost. As we continue our campaign, I ask that you Cultural Center promote the following points: Gift Shop is Open During 308 Walnut Street Regular Exhibit Hall Hours 1. Innovation: For more than two centuries tens-of-thousands of Philadelphia, PA 19106 products were invented and manufactured in America. Today, (215) 922-1700 Closed on Holidays America’s private sector businesses have the power to restore tens- of-millions of jobs so it time for national elected and business Internet: PolishAmericanCenter.orgPolishAmericanCenter.com leaders to show us what can be accomplished when all levels of leadership work together. Museum Exhibit Hall Schedule Winter & Early Spring 2. Technology: There is no reason why Americans can’t produce December 29, 2012 through April 27, 2013 competitive products of every type and help restore America’s Monday through Friday 10 A.M.
    [Show full text]
  • KUDELSKI Group 2011 Annual Report Worldreginfo - F556f6c8-B0a9-420C-Aeb0-4Ec972423f05 Key Figures
    KUDELSKI GROUP 2011 ANNUAL REPORT WorldReginfo - f556f6c8-b0a9-420c-aeb0-4ec972423f05 KEY FiguRes MACROECONOMICS IMPACTING PROFITABILITY TURNAROUND PROGRAM ON TRACK The significant fall of USD and EUR rates affected the Group’s 2011 financial results with a negative impact of CHF 121.7 million on full-year revenues and CHF 46.5 million on operating income. Operating income for the year amounts to CHF 25.4 million compared to a CHF 110 million in 2010. Net of restructuring costs, the Group’s 2011 operating income was CHF 35.3 million. 2011 cash flow generation was strong, with an operating cash flow for the year at CHF 86.7 million. 2011 KEY FiguRES In million CHF 2011 2010 2009 2008 2007 Total revenues and other operating income 896.6 1 069.3 1 060.8 1 037.0 942.5 OIBDA 1) 91.0* 173.0 137.8 92.2 137.2 Operating income 35.3* 110.0 73.3 18.5 87.6 Net income/loss -17.7* 66.7 51.1 -7.0 67.5 * Ex-restructuring costs 1) OIBDA: Operating income before interest, taxes, depreciation and amortization REVENue BREAKDOWN BY SECTOR In CHF '000 2011 4% 2 555 543 Digital TV Middleware & Advertising 107 018 Public Access 211 302 873 863 Total 873 863 % 2 % 1 4 6 EMPLOYEE BREAKDOWN BY ACTIVITY % 61% 1 Digital TV* 2 Middleware & Advertising 18% Public Access 21% Total 100% 2 999 % % 8 1 * Includes Nagra Audio employees (22) 1 6 Total employees at 31.12.2011: 2999 EMPLOYEE BREAKDOWN B Y REGION % 16 Europe 70% Americas 14% % 4 Asia & Oceania 16% 1 2 999 Total 100% % 0 7 WorldReginfo - f556f6c8-b0a9-420c-aeb0-4ec972423f05 TOTAL REVENues AND OTHER OPERATING
    [Show full text]
  • 20 Kudelski Group Annual Report 2007 Hi
    Strong top line growth in all markets and particularly in Asia New contract wins for Nagravision in Digital TV, Mobile TV and IPTV, and multiple successes in collaboration with OpenTV Global reach with 84 million active cards/ devices for Nagravision conditional access families Annual report 2007 report Annual in 2007 and 100 million cumulative device licences delivered by OpenTV Kudelski Group Kudelski Group Highlights Kudelski SA Annual report 2007 2007 22-24, route de Genève Strongest ever progress PO Box 134 1033 Cheseaux and results for Nagra Switzerland Public Access in 2007 Tel. + 41 21 732 01 01 Fax + 41 21 732 01 00 [email protected] www.nagra.com Nagravision expects major migration to service model during 2008 Operational effi ciency improvement and cost reduction initiatives launched to improve profi tability Strong top line growth in all markets and particularly in Asia New contract wins for Nagravision in Digital TV, Mobile TV and IPTV, and multiple successes in collaboration with OpenTV Global reach with 84 million active cards/ devices for Nagravision conditional access families Annual report 2007 report Annual in 2007 and 100 million cumulative device licences delivered by OpenTV Kudelski Group Kudelski Group Highlights Kudelski SA Annual report 2007 2007 22-24, route de Genève Strongest ever progress PO Box 134 1033 Cheseaux and results for Nagra Switzerland Public Access in 2007 Tel. + 41 21 732 01 01 Fax + 41 21 732 01 00 [email protected] www.nagra.com Nagravision expects major migration to service model during 2008 Operational
    [Show full text]
  • February / March 2019
    POLISH AMERICAN news February / March 2019 General Thaddeus Kosciuszko encourages everyone to visit Historic Philadelphia, PA and the Polish American Cultural Center Polish American Cultural Museum Exhibit Hall Center Museum, where 308 Walnut Street Great Men and Women of Polish Heritage are Featuring Polish History and Culture featured, Polish customs Open 10 AM to 4 PM are celebrated, and the FREE ADMISSION vibrant history of Poland and Polish Americans is January through April enjoyed by all. Monday to Friday For more May through December information, visit Polish American Monday to Saturday PolishAmericanCenter.com Cultural Center Gift Shop is Open During 308 Walnut Street 170 Years Later, His Music Continues Regular Exhibit Hall Hours Philadelphia, PA 19106 to be Featured Around the World (215) 922-1700 Closed on Holidays Fryderyk Chopin (1810-1849) One of Poland's greatest and most Internet at: PolishAmericanCenter.com remembered musicians of Polish descent, Fryderyk Chopin, was born in Zelazowa Wola, From the Desk of Michael Blichasz Poland, near Warsaw. According to some, Chopin was born on March 1, 1810. However, It’s Happening Because of Us! his baptismal certificate, written several weeks after his birth, lists his birthdate as February 22, 1810. His father, Nicholas Chopin, We can all be pleased to hear that more jobs are being created in came to Poland to secure a position teaching French. He met and almost every type of business in America. As our supporters continue married Justyna Krzyzanowska. Together in the city of Warsaw, to promote American made, we also are hearing that America is on Poland, they raised their son Fryderyk along with their three track to create up to 10 million new jobs during the next five daughters.
    [Show full text]
  • KUDELSKI GROUP ANNUAL REPORT 2001 ANNUAL REPORT2001 KUDELSKI GROUP That Evokestheircompany'sactivitysector
    KUDELSKI GROUP ANNUAL REPORT 2001 KUDELSKI SA All photographs in this document show Kudelski 22, route de Genève Group employees. They are sometimes in a setting 1033 Cheseaux that evokes their company's activity sector. Switzerland Tel. +41 21 732 01 01 Fax +41 21 732 01 00 [email protected] www.nagra.com ANNUAL REPORT 2001 KUDELSKI GROUP KUDELSKI GROUP ANNUAL REPORT 2001 KUDELSKI SA All photographs in this document show Kudelski 22, route de Genève Group employees. They are sometimes in a setting 1033 Cheseaux that evokes their company's activity sector. Switzerland Tel. +41 21 732 01 01 Fax +41 21 732 01 00 [email protected] www.nagra.com ANNUAL REPORT 2001 KUDELSKI GROUP KUDELSKI GROUP ANNUAL REPORT 2001 CONTENTS 4 Message from the President SMART CARDS 6 Key figures 58 Well-protected data 8 Management and Board of Directors 10 Kudelski Group companies PHYSICAL ACCESS 13 Evolution of the Kudelski share 60 SkiData: world leader 70 SportAccess Kudelski: new strategic objectives THE YEAR OF CONVERGENCE 71 AccessArena: a convergence showcase 22 The jigsaw takes shape 72 Convergence: creating gateways 74 TicketCorner: direct access to consumers MASTERING INTEGRATION 24 New companies in the Group: why and how? FIFTY YEARS OF HISTORY 76 The spirit of Nagra CONSOLIDATION OF EXISTING ENTITIES 78 Nagra Audio 34 Better control of processes 35 More efficient management tools 80 Directory DIGITAL TELEVISION 38 Present throughout the broadcasting process 46 Holding all the trump cards 50 Nagravision: good progress on the markets In a world in which consumers are 3 connecting up to value-added services and executing transactions on multiple platforms, it is essential that content and personal data are protected.
    [Show full text]
  • Catalogue Des Ouvrages
    SERVICE ARCHIVES ECRITES ET MUSEE DE RADIO FRANCE BIBLIOTHEQUE D’ETUDE GENERALISTE ET TECHNIQUE SUR LA RADIODIFFUSION, LA TELEVISION ET LES MEDIAS CATALOGUE DES OUVRAGES La bibliothèque d’étude généraliste et technique du Service Archives écrites et Musée de Radio France regroupe près de 2000 ouvrages sur la radio, la télévision et les médias publiés du début du XX e siècle à nos jours. Présentés ici par ordre alphabétique, les ouvrages traitent prioritairement de la radiodiffusion, mais aussi de la télévision et des médias en général, selon différents angles : ⋅ Aspects politiques, administratifs et institutionnels ⋅ Histoire générale et chronologies ⋅ Aspects techniques ⋅ Politique éditoriale, contenu et traitement des programmes et des émissions ⋅ Radio France et l’audiovisuel de service public ⋅ Radios périphériques, pirates, associatives, libres, privées… ⋅ Biographies, témoignages et personnalités ⋅ Métiers de l’audiovisuel ⋅ Sociologie des médias, analyse du public, audience ⋅ Musique, programmation musicale, formations musicales de Radio France ⋅ Audiovisuel, presse et communication dans le monde ⋅ Etc. La bibliothèque d’étude comprend également : ⋅ Dossiers d’archives thématiques ⋅ Revues dont les plus anciennes datent des années vingt Documents et fonds d’archives consultables au Service Archives écrites et Musée de Radio France Le Service Archives écrites et Musée de Radio France met à la disposition des lecteurs des archives et des documents de différentes natures et de différentes provenances : ° Fonds d’archives des directions, des chaînes et des formations musicales de Radio France, conservés sur place avant leur versement aux Archives nationales consultables dans les limites des délais de classement et de communicabilité ° Documents liés à la vie institutionnelle de Radio France, reflet condensé de l’activité de l’entreprise : ⋅ Programmes diffusés : grilles, bulletins d’information destinés à la presse, communiqués de presse, etc.
    [Show full text]
  • February / March 2012 Newsletter
    February / March 2012 Polish Americans Urged to Support What can you do to help our country? American Workers and Local Communities by Michael Blichasz The current recession and the President John F. Kennedy said, “Ask not loss of so many jobs have been a what your country can do for you, but wake-up call for everyone. What the what you can do for your country”. I’m recession shows us is that we are all asking “What more can we do to help our interconnected. If one sector does country, its private sector businesses, poorly, such as financial, housing, or manufacturing, other sectors the people they employ and the future of the economy do poorly, and eventually everyone feels the pinch. of America?” The answer is simple, direct 2012 is another opportunity for us to work more closely together for your purchasing power to support the a better future. Consider the following basic suggestions: products you need that are made in the U.S.A. 1. Go out of your way to look for, ask for, and buy American For several years we have heard national leaders offer grand ideas made products. We will always have imported items in American for new jobs in America, but their new ideas have been too vague stores, we simply want a more realistic balance in our stores to implement. I’m concerned with employment opportunities for between items imported and those made in America. Kindly read the Americans RIGHT NOW, so I’m promoting the restoration of every American Workers Need You commentaries in this newspaper for additional information and suggestions on how to help the cause.
    [Show full text]
  • Kudelski Group 2013 Annual Report Highlights
    KUDELSKI GROUP 2013 ANNUAL REPORT HIGHLIGHTS • Winning 15 new clients in integrated Digital TV in 2013 • Production launch of OpenTV5 • Launch of PRM at Dish Network (USA) • Introduction of NAGRA JoinIn, the ultimate connected home platform • Kudelski Security to see accelerating demand • Public Access growth reaches 12.6% in constant currency • Increased R&D investments in cybersecurity and intellectual property • First major IP agreement with Cisco in early 2014 KEY FIGURES 2013 KEY FIGURES Total annual revenues and other operating income reached CHF 857.8 million. In spite of the divestiture of Abilis, an entity sold on December 13, 2012, the Group reported total revenues for 2013 at substantially the same level as in the previous year. Operating income increased from CHF 35.7 million in 2012 to CHF 60.2 million in 2013, reecting the benets of an optimized product portfolio in IDTV. Overall, the Group improved net prots in 2013 by CHF 28.2 million over the previous year, posting a net income of CHF 43.4 million. In 2013, the Group generated CHF 120.9 million of cash from operating activities, compared to CHF 110.5 million in 2012. The Group invested CHF 27.6 million in capital expenditures, roughly the same amount as in the previous year, which reects continued tight management of capital expenditures. In million CHF 2013 2012 2011 2010 2009 restated Total revenues and other operating income 857.8 860.3 896.6 1 069.3 1 060.8 Operating income 60.2 35.6 25.4 110.0 73.3 Net income 43.4 15.1 -17.7 66.7 51.1 REVENUE BREAKDOWN BY SECTOR
    [Show full text]