Wallstreet:Online

Total Page:16

File Type:pdf, Size:1020Kb

Wallstreet:Online Hosted by 16–18 November 2020 DEUTSCHES EIGENKAPITALFORUM 2020 Factsheet TMT 11880 Solutions For two decades, 11880* and 11880.com have stood for fast and reliable Market cap* €33m results when searching for people as well as local and national *As at 30 October 2020 businesses in all industry sectors. Germany's second-largest directory assistance provider offers personal assistance by telephone at 11880* Share details whereas the online directory 11880.com and the identically named app Code TGT provide specific information and connect users directly with appropriate providers in the requested region. Information from http://www.boerse-frankfurt.de/ Industrials 2G Energy 2G Energy is an international leader in the full-service supply of Market cap* €272m combined heat and power generation plants (CHP) with electrical *As at 30 October 2020 output between 20 kW and 4,5000 kW for use in the decentralised generation and supply of electricity and heat. 2G is rigorously Share details expanding its technology leadership through continual research and Code 2GB development work, both in the gas motor technology for natural gas, biogas and synthetic gas applications (eg hydrogen) and in specific software development. 2G particularly stands out from the competition due to this range of services based on thousands of implemented plants. Information from http://www.boerse-frankfurt.de/ 1 ABO Invest Industrials (in future clearvise) For more than 10 years, clearvise (formerly ABO Invest) has been an Market cap* €255m independent power producer from renewable energies with a *As at 30 October 2020 diversified investment portfolio through a pan-European focus. Currently, the established portfolio includes power-generation plants Share details with an installed capacity of 150 MW with a focus on wind in Germany, Code AB9 France, Ireland and Finland. In the megawatt-weighted average, it will benefit from fixed feed-in tariffs with an average value of 87 €/MWh for more than eight years. Within the framework of a three-pillar acquisition strategy, the company aims to achieve profitable growth. The focus is on direct investments in wind onshore and PV plants in Europe in the range of 5 to 50 MW. Through the innovative co- development and IPP model 'clearPartners', the company offers small and medium-sized developers the opportunity to jointly build up their generation portfolio independently of feed-in tariffs. Information from http://www.boerse-frankfurt.de/ TMT adesso With more than 4,200 employees and annual sales of €449.7m in 2019, Market cap* €398m adesso Group is one of the largest German IT service providers with *As at 30 October 2020 outstanding opportunities for growth. At its own locations in Germany, other locations in Europe, Turkey and the US, as well as at numerous Share details customer sites, adesso offers consulting and software development Code ADN1 services for optimising core business processes and reducing operating costs. By effectively employing information technology, these processes, which are essential for success, become more flexible and productive. adesso also offers ready-to-use software products for standard applications. The development of an own, industry-specific product-portfolio opens up additional growth and earnings opportunities and is another key element of the adesso strategy. Information from http://www.boerse-frankfurt.de/ 2 Consumer Adler Modemärkte Adler Modemärkte is one of the leading and largest textile retail chains Market cap* €41m in Germany. The industry`s trade journal, TextilWirtschaft, ranks the *As at 30 October 2020 company 22nd in its Top 100 ranking. To date, the group operates a total of 183 stores, 156 of which are in Germany, 22 in Austria, three in Share details Luxembourg and two in Switzerland. Code ADD Information from http://www.boerse-frankfurt.de/ TMT ADVA Optical Networking ADVA Optical Networking is a company founded on innovation and Market cap* €337m driven to help our customers succeed. For over two decades, our *As at 30 October 2020 technology has empowered networks across the globe. We're continually developing breakthrough hardware and software that leads Share details the networking industry and creates new business opportunities. It's Code ADV these open connectivity solutions that enable our customers to deliver the cloud and mobile services that are vital to today's society and for imagining new tomorrows. Together, we're building a truly connected and sustainable future. Information from http://www.boerse-frankfurt.de/ Industrials AKASOL AKASOL is a leading German manufacturer of high-performance Market cap* €294m lithium-ion battery systems for buses, commercial vehicles, rail *As at 30 October 2020 vehicles, industrial vehicles, ships and boats. With almost 30 years of experience, AKASOL is a pioneer in the development and manufacture Share details of lithium-ion battery systems for commercial applications. AKASOL's Code ASL shares have been traded on the Prime Standard segment of the Frankfurt Stock Exchange since 29 June 2018. Based in Germany, AKASOL operates a production facility in Langen (Hesse) with an annual production capacity of up to 300 MWh, which will be expanded to 800 MWh by 2020. Information from http://www.boerse-frankfurt.de/ 3 TMT All for One Group All for One Group enhances the competitive ability of its customers in Market cap* €235m a digital world. The group unites strategic and management consulting, *As at 30 October 2020 process consulting, industry insight and technology expertise, IT consulting and services under one roof. With market leading business Share details software solutions based on SAP, Microsoft and IBM together with Code A1OS more than 1,800 experts, All for One Group orchestrates all aspects of competitive strength: intelligent enterprise resource planning (ERP) as the digital core of any future-proof corporate IT, strategy, business model, customer & employee experience, new work, big data & analytics, but also IoT, artificial intelligence or cybersecurity & compliance. All for One Group assists more than 2,500 clients with their transformation and the expansion of their ability to compete. Market observers rank the leading consulting and IT group as the number one in the German-speaking SAP market. Information from http://www.boerse-frankfurt.de/ TMT Allgeier Allgeier is one of the leading technology companies for digital Market cap* €589m transformation. Allgeier is guiding its customer through the challenges *As at 30 October 2020 of digital change to ensure their future success. For global corporations and market and industry leaders from many verticals and Share details geographies, Allgeier is thinking breakthroughs for new digital Code AEIN business models, taking strategic priorities and executing fast and without fuss ground-breaking projects to create agile and intelligent enterprise for the digital era. With more than 10,600 employees and over 1,200 freelance experts, Allgeier covers the complete IT service spectrum from onsite to nearshore to offshore – with strong footholds in India, China, Vietnam and Eastern Europe. The fast-growing group, headquartered in Munich, Germany, has more than 120 offices worldwide in 28 countries across five continents. Information from http://www.boerse-frankfurt.de/ 4 Pharma & biotech AlzChem Group AlzChem Group is a vertically integrated manufacturer of various Market cap* €183m chemical products based on the NCN chain. These are products with *As at 30 October 2020 typical nitrogen-carbon-nitrogen bonding that are used in a wide variety of different industries. The company has a leading position in Share details select niche markets. The strategic focus of growth and the main focus Code ACT of its extensive research and development are on the business segment Specialty Chemicals. The company has around 1,500 employees at four sites in Germany and three other sites abroad. Information from http://www.boerse-frankfurt.de/ Consumer Amadeus FiRe For more than 30 years, Amadeus FiRe has been the specialist Market cap* €512m personnel service provider in the commercial and IT sector for *As at 30 October 2020 temporary employment, permanent placement and interim management. Together with the group's own training & education Share details institutes, the company offers applicants, employees, customers as Code AAD well as training and seminar participants a unique, interlinked portfolio of services. As a long-term partner, the Amadeus FiRe Group also acts beyond individual applications, customer enquiries or further Training and education. Sustainable relationships are strategically anchored and are supported and strengthened in a targeted manner. The company has a nationwide presence in the field of personnel services with over 20 branches and is therefore very familiar with the local candidate and job market. Information from http://www.boerse-frankfurt.de/ 5 Real estate Aroundtown Aroundtown is trading on the Prime Standard of the Frankfurt Stock Market cap* €6.31bn Exchange and is the largest listed German commercial real estate *As at 30 October 2020 company. Aroundtown invests in income-generating quality properties with value-add potential in central locations in top-tier cities in Share details Germany/NL. Aroundtown (ISIN: LU1673108939) is a public limited Code AT1 liability company (société anonyme) established under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés, Luxembourg)
Recommended publications
  • Offshore-October-November-2005.Pdf
    THE MAGAZ IN E OF THE CRUIS IN G YACHT CLUB OF AUSTRALIA I OFFSHORE OCTOBER/ NOVEMB rn 2005 YACHTING I AUSTRALIA FIVE SUPER R MAXIS ERIES FOR BIG RACE New boats lining up for Rolex Sydney Hobart Yacht Race HAMILTON ISLAND& HOG'S BREATH Northern regattas action t\/OLVO OCEAN RACE Aussie entry gets ready for departure The impeccable craftsmanship of Bentley Sydney's Trim and Woodwork Special ists is not solely exclusive to motor vehicles. Experience the refinement of leather or individually matched fine wood veneer trim in your yacht or cruiser. Fit your pride and joy with premium grade hide interiors in a range of colours. Choose from an extensive selection of wood veneer trims. Enjoy the luxury of Lambswool rugs, hide trimmed steering wheels, and fluted seats with piped edging, designed for style and unparalleled comfort. It's sea-faring in classic Bentley style. For further details on interior styling and craftsmanship BENTLEY contact Ken Boxall on 02 9744 51 I I. SYDNEY contents Oct/Nov 2005 IMAGES 8 FIRSTTHOUGHT Photographer Andrea Francolini's view of Sydney 38 Shining Sea framed by a crystal tube as it competes in the Hamilton Island Hahn Premium Race Week. 73 LAST THOUGHT Speed, spray and a tropical island astern. VIEWPOINT 10 ATTHE HELM CYCA Commodore Geoff Lavis recounts the many recent successes of CYCA members. 12 DOWN THE RHUMBLINE Peter Campbell reports on sponsorship and media coverage for the Rolex Sydney H obart Yacht Race. RACES & REGATTAS 13 MAGIC DRAGON TAKES GOLD A small boat, well sailed, won out against bigger boats to take victory in the 20th anniversary Gold Coast Yacht Race.
    [Show full text]
  • Corporate Non-Financial Reporting in Germany
    Copyright © Development International e.V., 2019 ISBN: 978-3-9820398-1-7 Authors: Chris N. Bayer, PhD Gisella Vogel Sarah Kaltenhäuser Katherine Storrs Jiahua (Java) Xu, PhD Juan Ignacio Ibañez, LL.M. Title: A New Responsibility for Sustainability: Corporate Non-Financial Reporting in Germany Date published: May 6, 2019 Funded by: iPoint-systems gmbh www.ipoint-systems.com Executive Summary Germany's economy is the fourth-largest in the world (by nominal GDP), and with 28% of the euro area market, it represents the largest economy in Europe.1 Considering the supply chains leading to its economy, Germany's cumulative environmental, social and governance performance reverberates globally. The EU Non-Financial Reporting Directive (NFRD) is the impetus behind this study – a new regulation that seeks to “increase the relevance, consistency and comparability of information disclosed by certain large undertakings and groups across the Union.”2 Large undertakings in EU member states are not only required to report on their financial basics, now they are also required by Article 1 of the Directive to account for their non- financial footprint, including adverse impacts they have on the environment and supply chains. In accordance with the Directive, the German transposition stipulates that the non-financial declaration must state which reporting framework was used to create it (or explain why no framework was applied), as well as apply non-financial key performance indicators relevant to the particular business. These requirements are our point of departure: We systematically assess the degree of non-financial transparency and performance reporting for 2017 applying an ex-post assessment framework premised on the Global Reporting Initiative (GRI), the German Sustainability Code (Deutscher Nachhaltigkeitskodex, DNK) and the United Nations Global Compact (UNGC).
    [Show full text]
  • 18 November 2020
    DEUTSCHE BÖRSE CASH MARKET Deutsches Eigenkapitalforum Online 16 – 18 November 2020 Programme overview Platinum Partners CONNECTING COMPANIES WITH INVESTORS Gold Partners Silver Partner Supporters Media Partners ICF BANK Monday, 16 November 09:00 Online check in Time for online networking and opportunity to visit the virtual exhibition Plenary session I – Mainstage/Venturestage 09:30 Welcome address and opening remarks * Dr Thomas Book, Executive Board, Deutsche Börse AG 10:00 Keynote speech: “After the virus: How different will the world be?” Shorter supply chains, more debt, more government intervention and a faster dispersion of Speaker: cutting-edge technologies in a more fractured world: the pandemic is reinforcing trends that Dr Holger Schmieding, had started to unfold before. How much of a difference could this make to growth, inflation Chief Economist, and markets trends? The keynote will offer some tentative answers to these questions. Berenberg Analysts’ conferences I 10:30 6 simultaneous streams (London, Madrid, Milan, Oslo, Paris, Zurich) 12:00 Break Time for online networking and opportunity to visit the virtual exhibition Plenary session II – Mainstage/Venturestage 13:00 Panel discussion: “IPO in volatile times: success factors for the IPO season 2021” * Chair: Speakers: Patrick Kalbhenn, Dr Martin Steinbach, Head of IPO and Listing Services, EY Spokesman, Renata Bandov, Director Pre-IPO & Capital Markets, Deutsche Börse AG Deutsche Börse AG Dr Joachim von der Goltz, Head Equity Capital Markets Northern Europe, Credit Suisse
    [Show full text]
  • Corporate Governance Germany
    WWW.ICGG.BIZ issue 09/2010 INSIGHT corporate governance germany Essential: Information, Analysis and Opinion for Investment Professionals, Advisers and Academics CONTENTS 02 COMPANIES 11 DIRECTORS´DEALINGS Loans with no rating 03 BUHLMANN´S CORNER 13 INSIGHT SHAREHOLDER ID 05 ACTIONS CORNER 31 INVESTOR INFORMATION 06 POLITICS Your IR contacts in the Prime More debts from new accounting rules 08 PEOPLE 35 EVENTS DIARY Zitzewitz leaves Infi neon 35 READING SUGGESTIONS 09 CAMPUSAMPUS Fewer shareholders 11 CAPITAL NEWS 36 INDEXES OF COMPANIES Buying & Selling in August AND PERSONS 01 INSIGHT corporate Governance Germany companies Companies dispense with ratings When issuing loans companies are increasingly doing without ratings from the big agencies. In Germany SAP, adidas, Otto, Solarworld, Sixt, Evonik, Celesio and Stada, and most recently also Dürr, are the leaders. Internationally, Christian Dior, Air France, Emirates and Heineken join this list. Doing without a rating saves the groups money and at the same time increasingly takes the ground from under the feet of Standard & Poor’s, Moody’s and Fitch. Th e DZ Bank estimated the market for ratings-free loans in the fi rst half of this year at already some 10% of all bond issues, with a rising tendency. Commerzbank soon private again? “For a Liberal politician there is scarcely anything worse than State invol- vement in banks. Something like that has to remain an absolute exception,” warned federal economics minister Rainer Brüderle (FDP) in early August in relation to the Commerzbank. To save Germany’s second-biggest fi nan- cial institution from collapse aft er the takeover of Dresdner Bank, the State came to the Frankfurt bank’s assistance in early 2009 with €18.2 billion, and since then has held 25% of the bank plus one share.
    [Show full text]
  • Platow Fund 2020 11.Pdf
    DWS Concept Platow – November 2020 Report Record monthly returns, the fund hits a new all-time ter reporting season was without exception pleasing or and beats the most important German indexes in No- better than expected, at least for the companies in the vember – fund investors, what more can you ask for? portfolio. No less than ten companies in the portfolio, The DWS Concept Platow Fund topped its previous 7C Solarparken, Adesso, Bechtle, Deutsche Telekom, record high set in February on the very last day of DocCheck, Hornbach-Baumarkt, Hornbach Holding, Leif- trading in November. It beat the monthly performance heit, S&T and TAG Immobilien, raised their guidance for of the SDAX and DAX, too, thus extending its long-term the full year. United Internet was the only company that outperformance of these two indexes. didn't follow suit – it lowered its guidance. A glance at the fund's portfolio explains its excep- In most cases we had first-hand information about tional performance. Most of the stocks in the portfolio the latest corporate developments. The Eigenkapitalfo- made double-digit percentage gains and three (Lang & rum, which was held virtually this year, was a particu- Schwarz, Allgeier und 2G larly rich source of information. We met with represen- Top Ten Holdings Energy) delivered a 50% tatives from 20 of the companies in the fund's portfolio Bechtle return, if not better. Only during the course of this investor conference and were Allgeier three stocks ended the able to examine an even greater number of potential in- Verbio month in the red, and on- vestment candidates in other one-on-one or small group Steico ly one, Dräger, wasn't clo- meetings.
    [Show full text]
  • SRO List EFDS Posting Feb 2019.Xlsx
    Significantly Regulated Organizations Added ‐ February 2019 DUNS TICKER BUSINESS NAME COUNTRY NAME EXCHANGE NAME NUMBER SYMBOL 220117440 MEDAPHOR GROUP PLC WALES MED London Stock Exchange (LON) 555278141 CAI LAY VETERINARY PHARMACY JOINT STOCK COMPANY VIETNAM MKV Hanoi Stock Exchange 555295156 CAN THO MINERAL AND CEMENT JOINT STOCK COMPANY VIETNAM CCM Hanoi Stock Exchange 555519774 CENTRAL PETROCHEMICAL AND FERTILIZER JOINT STOCK COMPANY VIETNAM PCE Hanoi Stock Exchange 555537308 HIEP KHANH TEA JOINT‐STOCK COMPANY VIETNAM HKT Hanoi Stock Exchange 555530218 HVA INVESTMENT JOINT STOCK COMPANY VIETNAM HVA Hanoi Stock Exchange 555242481 KIM VI INOX IMPORT EXPORT PRODUCTION JOINT STOCK COMPANY VIETNAM KVC Hanoi Stock Exchange 555322911 LILAMA 45.4 JOINT ‐ STOCK COMPANY VIETNAM L44 Hanoi Stock Exchange 555242771 MY XUAN BRICK TILE POTTERY AND CONSTRUCTION JOINT STOCK COMPANY VIETNAM GMX Hanoi Stock Exchange 555319545 NGAN SON JOINT STOCK COMPANY VIETNAM NST Hanoi Stock Exchange 555399648 NHA BE WATER SUPPLY JOINT STOCK COMPANY VIETNAM NBW Hanoi Stock Exchange 555290113 PETROVIETNAM TECHNICAL SERVICES CORPORATION VIETNAM PVS Hanoi Stock Exchange 555295524 PHUONG DONG PETROLEUM TOURISM JOINT STOCK COMPANY VIETNAM PDC Hanoi Stock Exchange 555265232 PP.PHARCO VIETNAM PPP Hanoi Stock Exchange 555431882 SAI GON VEGETABLE OIL JOINT STOCK COMPANY VIETNAM SGO Hanoi Stock Exchange 555304039 SAIGON HOTEL CORPORATION VIETNAM SGH Hanoi Stock Exchange 555295100 SIMCO SONGDA JOINT STOCK COMPANY VIETNAM SDA Hanoi Stock Exchange 555319875 SONG DA NO 11 JOINT
    [Show full text]
  • Abstimmungsergebnisse Deka Investment Gmbh
    Abstimmungsergebnisse Deka Investment GmbH Zeitraum: 1. Januar 2018 – 31. Dezember 2018 Abstimmungsergebnisse Deka Investment GmbH 1&1 Drillisch AG Meeting Date: 17/05/2018 Country: Germany Meeting Type: Annual Ticker: DRI Primary ISIN: DE0005545503 Primary SEDOL: 5734672 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Receive Financial Statements and Statutory Mgmt Reports for Fiscal 2017 (Non-Voting) 2 Approve Allocation of Income and Dividends Mgmt For For of EUR 1.60 per Share 3.1 Approve Discharge of Management Board Mgmt For For Member Vlasios Choulidis for Fiscal 2017 3.2 Approve Discharge of Management Board Mgmt For For Member Andre Driesen for Fiscal 2017 3.3 Approve Discharge of Management Board Mgmt For For Member Martin Witt for Fiscal 2017 4.1 Approve Discharge of Supervisory Board Mgmt For Against Member Michael Scheeren for Fiscal 2017 4.2 Approve Discharge of Supervisory Board Mgmt For For Member Kai-Uwe Ricke for Fiscal 2017 4.3 Approve Discharge of Supervisory Board Mgmt For For Member Kurt Dobitsch for Fiscal 2017 4.4 Approve Discharge of Supervisory Board Mgmt For For Member Norbert Lang for Fiscal 2017 4.5 Approve Discharge of Supervisory Board Mgmt For For Member Marc Brucherseifer for Fiscal 2017 4.6 Approve Discharge of Supervisory Board Mgmt For For Member Horst Lennertz for Fiscal 2017 4.7 Approve Discharge of Supervisory Board Mgmt For For Member Frank Rothauge for Fiscal 2017 4.8 Approve Discharge of Supervisory Board Mgmt For For Member Susanne Rueckert for Fiscal 2017 4.9 Approve Discharge
    [Show full text]
  • Show Guide 7.5X11 FA.Indd 1 2019/08/27 14:03 Kineticcatamarans.Com
    Site Map Exhibitor List Complete Boat List VIP Experience American Sailing Summit Featured Activities Grand Prize OCTOBER 10-14, 2019 SHOW 2019 GUIDE 410.268.8828 | AnnapolisBoatShows.com FOR THE LATEST NEWS FOLLOW US ON FACEBOOK! Official Directory in Cooperation with and a Supplement to: SPECTACULAR “”ALEXANDRIA W. − 5-TIME REPEAT CHARTER GUEST VISIT US AT BOOTH 14 TO TOUR OUR YACHTS AND SAVE UP TO 20% ON YOUR NEXT CHARTER. Maximize Your Boating Dollar! Earn points back on purchases. Visit us at the Annapolis Boat Shows Power Show: October 3–6 in Booths C4 and C6 Sail Show: October 10–14 in Booth Land 20 Shop our nearby locations! Annapolis, MD Chester, MD Edgewater, MD Glen Burnie, MD 113 Hillsmere Dr. 2122 Didonato Dr. 3257 Solomons Isl. Rd. 595 E. Ordnance Rd. S R (410) 268-0129 (410) 604-1752 (410) 956-8920 (443) 572-0814 Y E A westmarine.com MOORINGS.COM/CBM | 800.669.6529 US_TM_5529_1019_AD - Chesapeake Bay Magazine Ad - Annapolis Show Program.indd 1 8/22/19 11:38 AM SPECTACULAR “”ALEXANDRIA W. − 5-TIME REPEAT CHARTER GUEST VISIT US AT BOOTH 14 TO TOUR OUR YACHTS AND SAVE UP TO 20% ON YOUR NEXT CHARTER. Maximize Your Boating Dollar! Earn points back on purchases. Visit us at the Annapolis Boat Shows Power Show: October 3–6 in Booths C4 and C6 Sail Show: October 10–14 in Booth Land 20 Shop our nearby locations! Annapolis, MD Chester, MD Edgewater, MD Glen Burnie, MD 113 Hillsmere Dr. 2122 Didonato Dr. 3257 Solomons Isl. Rd. 595 E.
    [Show full text]
  • Annual Report 2011
    2011GESCHÄFTSBERICHT ANNUAL REPORT Consolidated Financial Statements for Fiscal Year 2011 (January 1 to December 31, 2011) IMPORTANT KEY FIGURES IMPORTANT KEY FIGURES 01/01 - 12/31/2011 01/01 - 12/31/2010 1 Change Consolidated revenues 1,2 EUR mn 1,077.6 743.6 44.9% Consolidated revenues (annualized) 2 ² EUR mn 1,157.6 1,083.8 6.8% EBITDA 1,2 EUR mn 64.8 226.8 -71.4% Consolidated profit/loss EUR mn -63.9 138.8 -146.0% Earnings per share Basic 1,2 EUR -5.94 17.18 -134.6% Diluted 1,2² EUR -5.93 17.15 -134.6% Cash flow from operating activities 1 EUR mn 52.6 130.0 -59.5% Cash flow from investment activities 1 EUR mn -36.9 -64.2 42.5% Free cash flow 1 EUR mn 15.7 65.8 -76.1% 12/31/2011 12/31/2010 Change Assets EUR mn 943.6 1,060.1 -11.0% thereof cash and cash equivalents EUR mn 154.4 177.2 -12.9% Liabilities EUR mn 661.1 706.0 -6.4% thereof financial liabilities EUR mn 185.7 187.9 -1.2% Equity 3² EUR mn 282.5 354.1 -20.2% Equity ratio 3² in % 29.9 33.4 -10.5% Employees at the reporting date 6,631 6,803 -2.5% 1 Prior-year figures have been adjusted for comparison purposes, in accordance with the requirements of IFRS 5. 2 From continuing operations. 3 Including non-controlling interests. 2 I AURELIUS ANNUAL REPORT CONTENTS CONTENTS TO OUR SHAREHOLDERS 04 Letter to shareholders 06 The Executive Board 07 Report of the Supervisory Board 11 The Supervisory Board 14 Corporate Governance Report 19 The AURELIUS share GROUP MANAGEMENT REPORT OF AURELIUS AG 22 Summary of fiscal 2011 23 Business operations and general economic conditions 27 Reports on
    [Show full text]
  • First Sensor AG Sponsored Research Update 28 March 2019
    First Sensor AG Sponsored Research Update 28 March 2019 Margin improvement will continue First Sensor’s (FIS) new guidance for FY 2019e strives for further profitable growth and seems reasonable in our view. The EBIT- margin should reach 8.5% - 9.5% and compare to our current Target price (EUR) 28 estimate of 8.7%. Based on a solid order backlog of EUR 97.6m (Dec. Share price (EUR) 21 2018, +5.1% yoy) we expect a promising start into Q1 2019e. The already outlined five pillar strategy leaves room for a further EBIT- Forecast changes margin expansion beyond 2019e in our view. TP slightly up to EUR % 2019e 2020e 2021e 28.30 from EUR 27.80. Revenues 1 1 NM EBITDA 4 3 NM EBIT adj 8 5 NM EPS reported 14 9 NM First Sensor’s five pillar strategy EPS adj 14 9 NM The profitable growth strategy is based on five pillars: 1) Target Source: Pareto markets Industrial, Medical and Mobility where FIS will benefit from several megatrends e.g. digitalization, artificial intelligence or smart Ticker SISG.DE, SIS GR automotive. 2) Key customers and products: e.g. the number of key Sector Hardware & Equipment customers increased to 37 (2018) from 23 (2014) that resulted in Shares fully diluted (m) 10.2 Market cap (EURm) 215 better economies of scale. 3) Forward integration: Selling more Net debt (EURm) 15 systems and solutions offer a higher margin potential. 4) Minority interests (EURm) 1 Internationalization: Entrance and penetration of new markets in Enterprise value 19e (EURm) 231 North America (’18 share: 12.4% from 11.7%) and Asia (’18 share: Free float (%) 46 12.5% from 10.1%) will make further progress in 2019e.
    [Show full text]
  • Annual Report 2008 IASC Foundation
    IASC Foundation Annual Report 2008 IASC Foundation Goal The objective of the IASC Foundation is to develop a single set of high quality, understandable and enforceable accounting standards to help participants in the world’s capital markets and other users make economic decisions. Global adoption Over 100 countries now require or permit the use of IFRSs. Highlights 2001 2002 2003 2004 Formal incorporation of European Union passes IASB issues first new IASB improvements and the IASC Foundation. regulation to adopt IFRSs for standard — IFRS 1 First-time stable platform of IFRSs IASB begins work listed businesses beginning Adoption of International completed in first quarter 1 January 2005 Financial Reporting Standards IASB seeks broader stakeholder IASB and FASB announce Australia, Hong Kong, engagement through enhanced initiative to achieve New Zealand and South Africa due process convergence of financial commit themselves to reporting standards and adoption of IFRSs to co-ordinate future work programmes Contents Page 1 Report of the Chairman of the IASC Foundation Trustees 2–9 2 Meeting the public accountability challenge: report on the Trustees’ oversight activities in 2008 10–13 3 Securing a stable and independent basis of funding 14–18 4 Report of the Chairman of the IASB 19–47 5 Trustees of the IASC Foundation 48–50 6 Members of the International Accounting Standards Board 51–52 7 Members of the International Financial Reporting Interpretations Committee 53 8 Members of the Standards Advisory Council at the end of 2008 54–56 9 Senior
    [Show full text]
  • Efes Database of European Companies 2021 Version
    European Federation of Employee Share Ownership www.efesonline.org April 1, 2021 EFES DATABASE OF EUROPEAN COMPANIES EMPLOYEE SHARE OWNERSHIP / GOVERNANCE / OWNERSHIP STRUCTURE 2021 VERSION The EFES Annual Economic Survey brings a practically exhaustive picture. It is based on the EFES database of European companies. The database gathers all detailed information about employee share ownership, employee share plans and participation in each of all significant European listed companies and in each of all large European majority-employee-owned non- listed companies. In addition, the database gathers also information about corporate governance, about the ownership structure and about the anchorage (or relocation) of European companies. The first idea for such a database was tested in 2005. A comprehensive database was set up in 2006, thanks to the support of the European Commission – DG Employment and Social Affairs. Then, the database was annually completed and updated since year 2007. From time to time within the last thirty years, some European reports gave information about employee share ownership and its development across Europe. The most important reports were: PEPPER I Report in year 1991, PEPPER II Report in year 1996 and a Report named "Recent trends in employee financial participation in the European Union" by Professor Erik Poutsma in 2001. At this time, these reports were practically the only source of information regarding the extent of employee share ownership in the European Union. However, they were based on partial information (phone inquiries) which was not made available before a very long delay. For instance, the 2001 Report was "based on the findings of the 1996 EPOC survey (Employee Direct Participation in Organisational Change), conducted on behalf of the [Dublin] Foundation." Finally, we didn't have relevant information for all countries of the European Union (for instance, the 2001 Report gave information about 10 countries, no more).
    [Show full text]