DOCSLIB.ORG

Annual Report 2018 Shareholders’ Letter 4

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2018 Shareholders’ Letter 4 Annual Report 2018 Shareholders’ letter 4 Company information 7 Supervisory Board report 9 Supervisory Board and Board of Directors 17 Annual review 2018 20 Corporate Governance report and 22 statement on Corporate Governance The LEONI share 36 Group Management Report 41 Principles of the Group 43 Business and underlying conditions 49 Business report 53 Reports by division / Segment report 66 Other indicators 74 (incl. non-financial information statement) Risk and opportunity report 94 Supplementary report 108 Forecast 109 Compensation report 114 Disclosures pursuant to Sections 289a (1) and 315a (1) 123 of the German Commercial Code as well as explanatory report for fiscal 2018 Consolidated financial statements 131 Consolidated income statement 133 Consolidated statement of comprehensive income 134 Consolidated statement of cash flows 135 Consolidated statement of financial position 136 Consolidated statement of changes in equity 137 Notes 138 Scope of consolidation 226 Independent auditor’s report 228 Responsibility statement 236 Additional information 237 Extract from the financial statement of LEONI AG 239 Appropriation of profits 241 Ten-year overview 242 Glossary 244 This Annual Report is published in German and English. In case of doubt or conflict, the German language version will prevail. LEONI is a global provider of products, solutions and services for energy and data management in the automotive sector and other industries. The value chain encompasses wires, optical fibers, standardised cables, special cables and assembled systems as well as intelligent products and smart services. As an innovation partner and solutions provider, LEONI supports its customers with pronounced development and systems expertise. 4 | www.leoni.com Shareholders’ letter Dear shareholders, 2018 was a year of two halves for LEONI: With the tailwind of a buoyant market, our business per- formed well and partly somewhat better than expected in the first six months. In the second half, the setting for the automotive and component supply industry became considerably gloomier. Interna- tional trade disputes, the uncertainty about Brexit, a weaker economy in China and the effects of the WLTP testing procedure curbed the car markets and therefore also the demand for LEONI product. The ramp-up of production for a high-volume vehicle model for which LEONI will be supplying prod- uct and internal factors, such as advance spending on new customer projects, increased raw material prices and a less favourable product mix in the Wire & Cable Solutions Division, additionally exerted greater-than-expected pressure on our result. The situation aggravated substantially in the fourth quarter, especially so in the Wiring Systems Division. Extensive problems arose with a large-scale production start at our new facility in Mexico, meaning that we could ensure supply to our customer only at major, additional cost. Furthermore, the performance of some other wiring systems plants deteriorated, and savings targets were not met to the expected extent. Overall, the LEONI Group generated a slight sales increase and income of € 5.1 billion, but earnings before interest and taxes were down significantly to a very disappointing figure of € 144 million. It was therefore substantially short of the previous year’s corresponding figure of € 227 million, which included non-recurring income of € 30 million, and also significantly below the forecast that was adjusted as recently as the autumn. This weaker earnings situation and the ongoing, heavy capital expenditure also weighed on our free cash flow, which declined from a positive figure of € 11 million to a negative one of € 147 million. Considering the cash flow situation and the debt ratio, the Board of Directors and the Supervisory Board intend to deviate from their previous dividend policy and will propose to shareholders at the 2019 Annual General Meeting that the dividend for fiscal 2018 be suspended. We shall be concentrating fully on stabilising the Company’s performance so that we can return to a normal dividend level as quickly as possible. Fundamentally, LEONI has all the building blocks in place: our most important market, the automotive sector, is characterised by such areas of innovation as electromobility, autonomous driving and digitalization, which provide LEONI with great opportunity. And our own foundations are strong: first and foremost, our more than 92,000 staff worldwide, whose tremendous know-how and enthusiasm for our products and solutions cannot be overestimated. On behalf of the entire Board of Directors, I would like to sincerely thank them for their commitment. Another mainstay is close and trusting, in some cases decades-long collaboration with our customers. Thanks to our global footprint, we have a very much regionally-moulded understanding of custom- ers and simultaneously an efficient development and production network. There is also our growing systems expertise, which enables us to develop and launch innovative, customised solutions. | Shareholders’ letter | 5 LEONI does not expect the market to provide any tailwind this year. Macroeconomic conditions will probably remain challenging. Above all, however, we still face major challenges in ensuring the execution of our large order backlog in the Wiring Systems Division. In 2019, too, this will require ongoing, heavy pre-production spending and investment as well as underpinning of growth based on the orders already booked. In addition, there will be completion of the Wire & Cable Solutions Division's Factory of the Future in Roth, Germany, mean- ing that our capital expenditure ratio will again be at a level of around 5 percent. At our new wiring systems facility in Mexico, for which we have already applied initial and immediate stabilisation measures, we must again anticipate extensive, exceptional charges at least in the first half of the year. To resolve our problems with transparency and timely provision of information in our internal reporting system, we are stepping up installa- tion of an SAP system, especially in the area of finance, that will incur additional costs. Against this backdrop, we project consolidated sales of € 5.2 billion and another decrease in earnings to between € 100 and 130 million for 2019. This does not yet include spending on our VALUE 21 programme. We announced this performance and strategy-enhancement programme in the autumn of 2018 to stabilise our business, improve the basis for healthy growth, profitability and cash generation as well as to sharpen our focus on the future markets of electromobility, autonomous driving and digitalization. Our surprisingly poor performance in the fourth quarter underscores the need for comprehensive measures to improve and for the actions already launched. It is a matter of raising the potential for optimisation in both divisions – from the pro- ›› Aldo Kamper CEO and President duction processes to their procurement, distribution and administrative structures as well as the IT landscape and through to working capital management. The key is that these actions are comprehensive and structured; are stringently followed up and have lasting effect. We have targeted a timeframe of three years. Building on stabilisation of our business and improved performance, we will then work on fleshing out our strategy to develop LEONI into a leading provider of intelligent energy and data management solutions. Enhancement of systems expertise will provide both our Wiring Systems Division and Wire & Cable Solutions Division with great prospects. In our Wiring Systems Division, whose business growth has recently signifi- cantly outpaced the market, we shall in future be more selective in accepting new projects with respect to their profitability. Initially, we intend thereby to raise the quality of earnings and cash flow as well as to limit expansion-related risks. With these measures, we will firstly direct LEONI onto a calmer, more reliable track and then a clearly profit- oriented course towards being a provider of intelligent energy and data management solutions. Even though we expect our business to bottom out in 2019, we are convinced that our market and our inherent strengths provide excellent foundations for lastingly successful performance. LEONI’s entire team will be working with focus and great determination on making sure that the commitment you, our esteemed shareholders, have shown LEONI is also rewarded again. Nuremberg, 26 February 2019 Aldo Kamper CEO and President 6 | www.leoni.com | 7 Company information 8 | www.leoni.com Company information Supervisory Board report 9 Supervisory Board and Board of Directors 17 Annual review 2018 20 Corporate Governance report and 22 statement on Corporate Governance The LEONI share 36 | Company information | 9 Supervisory Board report Supervisory Board report Dear Sir or Madam, The Supervisory Board of LEONI AG dealt in depth with the situation and performance of the group of companies in fiscal 2018. We diligently and dutifully fulfilled our tasks in accordance with statutory requirements, the provisions of the Company’s Articles of Association, the German Corporate Governance Code and our rules of procedure, continuously advising the Board of Directors on its management of the Company and overseeing its work. The collaboration between the Supervisory Board and the Board of Directors was at all times constructive, open and defined by mutual trust. The Board of Directors informed us regularly, immediately and compre- hensively, both in
Load more

Recommended publications
  • DXE Liquidity Provider Registered Firms
    DXE Liquidity Provider Program Registered Securities European Equities TheCboe following Europe Limited list of symbols specifies which firms are registered to supply liquidity for each symbol in 2021-09-28: 1COVd - Covestro AG Citadel Securities GCS (Ireland) Limited (Program Three) DRW Europe B.V. (Program Three) HRTEU Limited (Program Two) Jane Street Financial Limited (Program Three) Jump Trading Europe B.V. (Program Three) Qube Master Fund Limited (Program One) Societe Generale SA (Program Three) 1U1d - 1&1 AG Citadel Securities GCS (Ireland) Limited (Program Three) HRTEU Limited (Program Two) Jane Street Financial Limited (Program Three) 2GBd - 2G Energy AG Citadel Securities GCS (Ireland) Limited (Program Three) Jane Street Financial Limited (Program Three) 3BALm - WisdomTree EURO STOXX Banks 3x Daily Leveraged HRTEU Limited (Program One) 3DELm - WisdomTree DAX 30 3x Daily Leveraged HRTEU Limited (Program One) 3ITLm - WisdomTree FTSE MIB 3x Daily Leveraged HRTEU Limited (Program One) 3ITSm - WisdomTree FTSE MIB 3x Daily Short HRTEU Limited (Program One) 8TRAd - Traton SE Jane Street Financial Limited (Program Three) 8TRAs - Traton SE Jane Street Financial Limited (Program Three) Cboe Europe Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority. Cboe Europe Limited is an indirect wholly-owned subsidiary of Cboe Global Markets, Inc. and is a company registered in England and Wales with Company Number 6547680 and registered office at 11 Monument Street, London EC3R 8AF. This document has been established for information purposes only. The data contained herein is believed to be reliable but is not guaranteed. None of the information concerning the services or products described in this document constitutes advice or a recommendation of any product or service.
    [Show full text]
  • Eurex Clearing Circular 004/14
    eurex clearing circular 004/14 Date: 8 January 2014 Recipients: All Clearing Members of Eurex Clearing AG and Vendors Authorized by: Thomas Laux Action required High priority Composition of GC Pooling® Equity Basket and Acceptance of equity collaterals for margining by Eurex Clearing Related Eurex Clearing Circular: 146/13 Contact: Risk Control, T +49-69-211-1 24 52, [email protected] Content may be most important for: Attachment: Overview of composition of GC Pooling® Equity Basket Ü Middle + Backoffice and acceptance of equity collaterals for margining by Ü Auditing/Security Coordination Eurex Clearing, effective 15 January 2014 Please find attached the list of admitted equities for collateralisation of trades in the GC Pooling® Equity Basket, effective 15 January 2014. At the same time, these equities will be admitted as collaterals for margining by Eurex Clearing. Additionally, all equities which are part of the DAX®, EURO STOXX 50® or SMI® remain eligible as collaterals. The attachment contains an overview of admissible equity collaterals and the concentration limit per ISIN for trades in the GC Pooling® Equity Basket. Eurex Clearing AG T +49-69-211-1 24 52 Chairman of the Executive Board: Aktiengesellschaft mit Mergenthalerallee 61 F +49-69-211-1 84 40 Supervisory Board: Thomas Book (CEO), Sitz in Frankfurt/Main 65760 Eschborn [email protected] Hugo Bänziger Heike Eckert, Thomas Laux, HRB Nr. 44828 Mailing address: Internet: Erik Tim Müller, Andreas Preuss USt-IdNr. 60485 Frankfurt/Main www.eurexclearing.com DE194821553 Germany Amtsgericht Overview of composition of GC Pooling® Equity Basket and acceptance of equity collaterals for margining by Eurex Clearing, effective 15 January 2014 ISIN Instrument Name Nbr Of Eligible Shares DE000BASF111 BASF SE NA O.N.
    [Show full text]
  • The “Base Prospectus”) May Be Distributed Only to Investors Who Are Non-U.S
    IMPORTANT NOTICE THE BASE PROSPECTUS FOLLOWING THIS PAGE (THE “BASE PROSPECTUS”) MAY BE DISTRIBUTED ONLY TO INVESTORS WHO ARE NON-U.S. PERSONS (AS DEFINED BELOW) LOCATED OUTSIDE THE UNITED STATES. IMPORTANT: You must read the following before continuing. The following applies to the Base Prospectus and you are therefore advised to read this page carefully before reading, accessing or making any other use of the Base Prospectus. In accessing the Base Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them any time you receive any information from Globalworth Real Estate Investments Limited (the “Issuer”), or any of Deutsche Bank AG, London Branch, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc or UBS Limited (together, the “Arrangers”) as a result of such access. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE NOTES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION, AND THE NOTES MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT (“REGULATION S”)) EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE OR LOCAL SECURITIES LAWS.
    [Show full text]
  • CCP Instruments As of 2003 03 27 Engl
    First introduction sequence of CCP instruments as of March 27, 2003 CCP Instruments DAX Block Crossing DAX (Xetra XXL) + corresponding instruments 1 DE0008232125 LHA LUFTHANSA AG VNA O.N. 1 BC0008232125 BCLHA LUFTHANSA AG VNA O.N. 2 DE0007172009 SCH SCHERING AG O.N. 2 BC0007172009 BCSCH SCHERING AG O.N. CCP Instruments MDAX + corresponding instruments Block Crossing MDAX (Xetra XXL) 1 DE0002457561 HEIJ HEIDELBERGCEMENT O.N. NST 2 DE0005072102 BZL BERU AG O.N. 1 BC0005072102 BCBZL BERU AG 3 DE0005085906 AWD AWD HOLDING AG O.N. 2 BC0005085906 BCAWD AWD HOLDING AG O.N. 4 DE0005200000 BEI BEIERSDORF AG O.N. 3 BC0005200000 BCBEI BEIERSDORF AG O.N. 5 DE0005245500 BOS HUGO BOSS AG ST O.N. 6 DE0005245534 BOS3 HUGO BOSS AG VZO O.N. 4 BC0005245534 BBOS3 HUGO BOSS AG VZO O.N. 7 DE0005278006 BUD BUDERUS AG O.N. 5 BC0005278006 BCBUD BUDERUS AG O.N. 8 DE0005408116 ARL AAREAL BANK AG 6 BC0005408116 BCARL AAREAL BANK AG 9 DE0005408884 LEO LEONI AG NA O.N. 7 BC0005408884 BCLEO LEONI AG 10 DE0005421903 DGX DEGUSSA AG O.N. 8 BC0005421903 BCDGX DEGUSSA AG O.N. 11 DE0005439004 CON CONTINENTAL AG O.N. 9 BC0005439004 BCCON CONTINENTAL AG O.N. 12 DE0005471601 TNH TECHEM O.N. 10 BC0005471601 BCTNH TECHEM O.N. 13 DE0005591002 DYK DYCKERHOFF ST O.N. 14 DE0005591036 DYK3 DYCKERHOFF VZO O.N. 11 BC0005591036 BDYK3 DYCKERHOFF VZO O.N. 15 DE0005753008 CZZ CELANESE AG O.N. 12 BC0005753008 BCCZZ CELANESE AG O.N. 16 DE0005773303 FRA FRAPORT AG FFM.AIRPORT 13 BC0005773303 BCFRA FRAPORT AG 17 DE0005785604 FRE FRESENIUS AG O.N.
    [Show full text]
  • Emergence of Toscana Virus, Romania, 2017–2018 Corneliu P
    DISPATCHES Emergence of Toscana Virus, Romania, 2017–2018 Corneliu P. Popescu,1 Ani I. Cotar,1 Sorin Dinu, Mihaela Zaharia, Gratiela Tardei, Emanoil Ceausu, Daniela Badescu, Simona Ruta, Cornelia S. Ceianu, Simin A. Florescu We describe a series of severe neuroinvasive infections tertiary-care facility (Dr. Victor Babes Clinical Hospi- caused by Toscana virus, identifi ed by real-time reverse tal of Infectious Diseases, Bucharest, Romania). transcription PCR testing, in 8 hospitalized patients in Bu- charest, Romania, during the summer seasons of 2017 The Study and 2018. Of 8 patients, 5 died. Sequencing showed that We tested 31 adult patients (18 in 2017 and 13 in 2018) the circulating virus belonged to lineage A. with neurologic manifestations; all tested negative by cerebrospinal fl uid nucleic acid testing for WNV, her- oscana phlebovirus (TOSV; genus Phlebovirus, pesviruses, and enteroviruses. Seven confi rmed cases Tfamily Phenuiviridae) is transmitted by sand and 1 probable case of TOSV neuroinvasive disease fl ies. Three genetic lineages (A, B, and C) with dif- were identifi ed by real-time reverse transcription ferent geographic distribution have been described PCR (rRT-PCR); cycle threshold values ranged from to date. TOSV is the only sand fl y–transmitted vi- 34.61 to 41.18. rus causing neuroinvasive disease in humans and All cases were characterized by progression to the most prevalent arthropodborne virus in the severe illness (encephalitis in 7 cases and meningo- Mediterranean area; however, it remains a neglect- encephalitis in 1 case). Cerebrospinal fl uid (CSF) was ed pathogen and is seldom included in the diag- analyzed after lumbar puncture in all patients.
    [Show full text]
  • Designated Sponsor Erfordernis D 20210526
    Aktien der Liquiditätskategorie A* gültig ab 26. Mai 2021 ISIN Instrument XLM Umsatz AT0000A0E9W5 S+T AG O.N. 35.97 4,280,782.85 DE0005089031 UTD.INTERNET AG NA 16.07 7,772,202.57 DE0005111702 ZOOPLUS AG 51.91 4,208,078.51 DE0005140008 DEUTSCHE BANK AG NA O.N. 5.40 111,925,300.01 DE0005158703 BECHTLE AG O.N. 14.58 12,440,739.68 DE0005190003 BAY.MOTOREN WERKE AG ST 3.92 116,673,048.94 DE0005190037 BAY.MOTOREN WERKE VZO 28.08 5,185,694.74 DE0005200000 BEIERSDORF AG O.N. 6.23 32,370,380.77 DE0005313704 CARL ZEISS MEDITEC AG 16.63 13,469,738.82 DE0005408116 AAREAL BANK AG 25.45 5,802,419.24 DE0005408884 LEONI AG NA O.N. 73.50 3,114,435.16 DE0005419105 CANCOM SE O.N. 25.16 5,547,456.62 DE0005439004 CONTINENTAL AG O.N. 7.21 58,481,792.62 DE0005470306 CTS EVENTIM KGAA 21.36 7,096,059.32 DE0005470405 LANXESS AG 12.23 15,402,539.66 DE0005493365 HYPOPORT SE NA O.N. 60.33 3,344,480.07 DE0005545503 1+1 DRILLISCH AG O.N. 27.93 4,681,191.15 DE0005550636 DRAEGERWERK VZO O.N. 50.73 3,327,527.09 DE0005552004 DEUTSCHE POST AG NA O.N. 3.95 119,438,574.31 DE0005557508 DT.TELEKOM AG NA 3.70 154,511,909.75 DE0005565204 DUERR AG O.N. 22.09 7,100,402.33 DE0005659700 ECKERT+ZIEGLER AG O.N. 44.12 3,806,078.02 DE0005664809 EVOTEC SE INH O.N.
    [Show full text]
  • Authorizations for Capital Raisings and Convertible Bond Issues (2017)
    Authorizations for Capital Raisings and Convertible Bond Issues (2017) DAX® and German MDAX® Companies clearygottlieb.com Preface This booklet presents a summary overview of authorizations for capital raisings and convertible bond issuances of all DAX® and German MDAX® companies based on their 2017 annual general meetings.* The amount of any authorized capital reflected in this booklet takes into account any issuance of shares out of authorized capital entered into the commercial register prior to July 31, 2017. The amount of any convertible bond authorization and underlying conditional capital reflected in this booklet takes into account the issuance of any convertible bonds based on such authorization prior to July 31, 2017 and the amount of conditional capital underlying such convertible bonds as more fully described in this booklet. Consistent with the nature of the booklet as a summary overview, the information on the authorizations for capital raisings and convertible bond issuances provided herein is limited to the key parameters of the relevant authorized capital, convertible bond authorization and conditional capital. A more detailed analysis of, e.g., the feasibility of a certain capital raising will always require a comprehensive review of the complete wording of the authorization(s) concerned. In particular, the amount of new shares, convertible bonds or treasury shares previously issued or sold under exclusion of subscription rights during the term of the authorization available for the proposed capital raising typically will have to be applied towards the volume limitations applicable to such capital raising in case of an exclusion of subscription rights. The companies covered in this booklet are the DAX® and German MDAX® companies as of the last index rebalancing date on September 6, 2017.
    [Show full text]
  • Eurex Clearing Circular 157/14
    eurex clearing circular 157/14 Date: 6 November 2014 Recipients: All Clearing Members of Eurex Clearing AG and Vendors Authorized by: Thomas Laux Action required High priority Composition of GC Pooling® Equity Basket and acceptance of equity collaterals for margining by Eurex Clearing Related Eurex Clearing Circular: 141/14 Contact: Risk Control, T +49-69-211-1 24 52, [email protected] Content may be most important for: Attachment: Overview of composition of GC Pooling® Equity Basket Ü Middle + Backoffice and acceptance of equity collaterals for margining by Ü Auditing/Security Coordination Eurex Clearing, effective 17 November 2014 Please find attached the list of admitted equities for collateralisation of trades in the GC Pooling® Equity Basket, effective 17 November 2014. At the same time, these equities will be admitted as collaterals for margining by Eurex Clearing. Additionally, all equities which are part of the DAX®, EURO STOXX 50® or SMI® remain eligible as collaterals. The attachment contains an overview of admissible equity collaterals and the concentration limit per ISIN for trades in the GC Pooling® Equity Basket. Eurex Clearing AG T +49-69-211-1 17 00 Chairman of the Executive Board: Aktiengesellschaft mit Mergenthalerallee 61 F +49-69-211-1 17 01 Supervisory Board: Thomas Book (CEO), Sitz in Frankfurt/Main 65760 Eschborn [email protected] Hugo Bänziger Heike Eckert, Matthias Graulich HRB Nr. 44828 Mailing address: Internet: Thomas Laux, Erik Tim Müller USt-IdNr. 60485 Frankfurt/Main www.eurexclearing.com DE194821553 Germany Amtsgericht Attachment to Eurex Clearing Circular 157/14 Composition of GC Pooling®Equity Basket and acceptance of equity collaterals for margining by Eurex Clearing, effective 17 November 2014 ISIN Instrument Name Nbr Of Eligible Shares DE000BASF111 BASF SE NA O.N.
    [Show full text]
  • Anouncement Template
    Automatic Re-registration to Nominee according to §67,4 (5) Stock Corporation Act (AktG) (ALU) - List of Participating Issuers Name ISIN Date 3W Power S.A. LU1072910919 03.06.2014 ADC African Development Corporation AG DE000A1E8NW9 24.10.2011 adidas AG DE000A1EWWW0 11.10.2010 AG Ems DE0007472458 11.08.2014 AIXTRON SE DE000A0WMPJ6 17.10.2008 aleo solar AG DE000A0JM634 11.10.2006 All for One Steeb AG DE0005110001 12.05.2009 Allianz SE DE0008404005 03.04.2006 artnet AG DE000A1K0375 11.10.2011 asknet AG DE0005173306 14.12.2007 Aurum Deutschland AG DE000A1R1JJ4 29.07.2014 BASF SE DE000BASF111 09.08.2010 Bayer AG DE000BAY0017 01.10.2009 BEKO HOLDING AG AT0000A0ZHT2 01.12.2014 Biofrontera AG DE0006046113 21.08.2007 bmp Beteiligungsmanagement AG DE000A0EAMY5 30.11.2012 Brenntag AG DE000A1DAHH0 27.04.2010 BrainLAB AG DE0005207906 17.07.2006 Celesio AG DE000CLS1001 01.11.2006 Ceritech AG DE000A1X3SE4 18.06.2014 Daimler AG DE0007100000 03.04.2006 Delticom AG DE0005146807 01.03.2007 Deufol SE DE000A1R1EE6 20.02.2013 Deutsche Annington Immobilien SE DE000A1ML7J1 20.08.2013 Deutsche Beteiligungs AG DE000A1TNUT7 22.08.2013 Deutsche Bank AG DE0005140008 18.04.2006 Deutsche Börse AG DE0005810055 07.04.2006 Deutsche Operating Leasing AG DE0005249304 23.04.2009 Deutsche Post AG DE0005552004 01.01.2007 Deutsche Postbank AG DE0008001009 01.01.2007 Deutsche Rohstoff AG DE000A0XYG76 31.05.2010 Deutsche Telekom AG DE0005557508 03.04.2006 Dialog Semiconductor plc GB0059822006 29.09.2010 DIC Asset AG DE000A1X3XX4 20.09.2013 Ecommerce Alliance AG DE000A12UK08 10.09.2014 ElringKlinger AG DE0007856023 29.08.2007 E.ON SE DE000ENAG999 11.08.2008 Epigenomics AG DE000A11QW50 02.10.2014 EQS Group AG DE0005494165 26.04.2010 euromicron AG DE000A1K0300 27.03.2012 eValue Ventures AG DE000A1RFM45 11.12.2012 Name ISIN Date Evonik Industries AG DE000EVNK013 15.03.2013 F24 AG DE000A12UK24 22.04.2015 Fanorakel AG DE000A0DQ1K9 02.09.2009 FinLab AG DE0001218063 27.10.2008 freenet AG DE000A0Z2ZZ5 02.11.2009 GAGFAH S.
    [Show full text]
  • Online-Appendix Zu
    Online-Appendix zu „Impact of Weather on the Stock Market Returns of Different Industries in Germany“ Astrid Schulte-Huermann WHU – Otto Beisheim School of Management Junior Management Science 5(3) (2020) 295-311 Appendix Appendix A. List of companies included in each sector Financials Telecommunication Technology Consumer Non- Industrials Healthcare Basic Materials Consumer Cyclicals Utilities Cyclicals ALLIANZ SE DT TELEKOM N INFINEON TECH BEIERSDORF DEUTSCHE POST BAYER N AG BASF SE ADIDAS N RWE DEUTSCHE BANK 1&1 DRILLISCH SAP SE BAYWA N DT LUFTHANSA A FRESENIUS MEDI HEIDELBERGCEMEBAY MOT WERKE ENCAVIS DT BOERSE N FREENET N AG BECHTLE KWS SAAT SIEMENS N FRESENIUS SE HENKEL AG&CO V CONTINENTAL AG E ON MUENCH. RUECK UNITED INTERNE DIALOG SEMICON SUEDZUCKER WIRE CARD MERCK KGAA LINDE PLC DAIMLER AG N AAREAL BANK NEMETSCHEK AIRBUS SE CARL ZEISS MED THYSSENKRUPP A VOLKSWAGEN VZ ALSTRIA OFF RE SOFTWARE DUERR AG EVOTEC AURUBIS A SPRINGER SE COMMERZBANK ADVA OPTICAL N FRAPORT GERRESHEIMER FUCHS PETRO VZ FIELMANN DEUTSCHE WOHNE AIXTRON NA GEA GROUP MORPHOSYS K+S AG NA HUGO BOSS N DT EUROSHOP NA CANCOM SE HOCHTIEF QIAGEN NV LANXESS PROSIEBENSAT1 HANNOVER RUECK COMPUGROUP MED MTU AERO ENGIN SARTORIUS VZ SYMRISE AG PUMA TAG IMMOBILIEN ISRA VISION AMADEUS FIRE DRAEGERWERK VZ WACKER CHEMIE RHEINMETALL ADLER REAL ES S&T AG BERTRANDT RHOEN KLINIKUM KLOECKNER + CO RTL GROUP DIC ASSET SMA SOLAR TECH BILFINGER SALZGITTER BOR. DORTMUND DT BETEIL AG TAKKT CEWE STIFTUNG SGL CARBON CECONOMY GRENKE XING DEUTZ CTS EVENTIM HAMBORNER REIT ZOOPLUS DR HOENLE HORNBACH HYPOPORT AG HAMBURGER HAFE RATIONAL PATRIZIA IMMOB HEIDELBERG DRU SAF HOLLAND SA WUESTENR&WUERT INDUS HOLDING STEINHOFF JENOPTIK JUNGHEINRICH V KOENIG & BAUER KRONES AG LEONI AG N NORDEX PFEIFFER VACUU SIXT SE VOSSLOH AG WACKER NEUSON WASHTEC Company data retrieved from Thomson Reuters Datastream, 2019 40 Appendix B.
    [Show full text]
  • Multi-Temporal Analysis and Trends of the Drought Based on MODIS Data in Agricultural Areas, Romania
    remote sensing Article Multi-Temporal Analysis and Trends of the Drought Based on MODIS Data in Agricultural Areas, Romania Claudiu-Valeriu Angearu 1,2 , Irina Ontel 1,* , George Boldeanu 1 , Denis Mihailescu 1 , Argentina Nertan 1 , Vasile Craciunescu 1 , Simona Catana 1 and Anisoara Irimescu 1 1 Remote Sensing and GIS Laboratory, National Meteorological Administration, 013686 Bucharest, Romania; [email protected] (C.-V.A.); [email protected] (G.B.); [email protected] (D.M.); [email protected] (A.N.); [email protected] (V.C.); [email protected] (S.C.); [email protected] (A.I.) 2 Romanian Academy, Institute of Geography, 023993 Bucharest, Romania * Correspondence: [email protected]; Tel.: +40-786-044-095 Received: 9 October 2020; Accepted: 26 November 2020; Published: 1 December 2020 Abstract: The aim of this study is to analyze the performance of the Drought Severity Index (DSI) in Romania and its validation based on other data sources (meteorological data, soil moisture content (SMC), agricultural production). Also, it is to assess the drought based on a multi-temporal analysis and trends of the DSI obtained from Terra MODIS satellite images. DSI is a standardized product based on evapotranspiration (ET) and the Normalized Difference Vegetation Index (NDVI), highlighting the differences over a certain period of time compared to the average. The study areas are located in Romania: three important agricultural lands (Oltenia Plain, Baragan Plain and Banat Plain), which have different environmental characteristics. MODIS products have been used over a period of 19 years (2001–2019) during the vegetation season of the agricultural crops (April–September).
    [Show full text]
  • Women-On-Board-Index
    WoB-Index 100 II AR V WOMEN-ON-BOARD-INDEX 100 II Frauenanteil im Aufsichtsrat und Vorstand der aktuell 107 börsennotierten und voll mitbestimmten Unternehmen (Stand 31.10.2020 - aktualisiert zum 06.11.2020) Gesamt Zahl Anteil Zahl Zahl Anteil WoB-Index Vergleich Position Unternehmen zahl AR- Frauen Frauen Vorst. Frauen Frauen 100 II AR z. Stand 31.10.2020 Mitgl. AR AR mitgl. Vorst. Vorst. + V 14.01.15 Änderung Notierung 1 ÜSTRA Hannoversche Verkehrsbetriebe Reg. Markt 20 7 35,00% 3 2 66,67% 50,83% (+) 38,33 2 Ceconomy AG SDAX 19 9 47,37% 2 1 50,00% 48,68% (+) 36,18 3 Gerry Weber International AG Reg. Markt 12 6 50,00% 3 1 33,33% 41,67% (+) 29,17 4 BREMER LAGERHAUS-GESELLSCHAFT Reg. Markt 16 6 37,50% 7 3 42,86% 40,18% NEU 5 Deutsche Telekom AG DAX / TecDAX 20 8 40,00% 8 3 37,50% 38,75% (+) 12,92 6 Bilfinger SE SDAX 12 5 41,67% 3 1 33,33% 37,50% (+) 33,33 6 OSRAM Licht AG MDAX 12 5 41,67% 3 1 33,33% 37,50% (+) 29,17 8 Commerzbank AG MDAX 20 8 40,00% 6 2 33,33% 36,67% (+) 19,17 8 thyssenkrupp AG MDAX 20 8 40,00% 3 1 33,33% 36,67% (+) 24,17 10 SAP SE DAX / TecDAX 18 9 50,00% 5 1 20,00% 35,00% (+) 23,89 11 Audi AG Reg. Markt 20 7 35,00% 6 2 33,33% 34,17% (+) 31,39 12 Covestro AG DAX 12 5 41,67% 4 1 25,00% 33,33% NEU 13 Grammer AG Reg.
    [Show full text]