DOCSLIB.ORG

Company Profile 2021

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Company Profile 2021 THE SÜDZUCKER GROUP PROFILE 2021 Contents 1. SÜDZUCKER GROUP 5.4. Sites 7.4 BioWanze SA 1.1 Overview 5.5 Südzucker AG 7.5 Ryssen AlcoolsSAS 1.2 Segment overview 5.5.1 Assortment for households 7.6 Ensus UK Ltd. 1.3 The range of Südzucker products 5.5.2 Assortment for processing industries 7.7 CT Biocarbonic 5.5.3 Co-products 2. STRATEGY & GUIDING PRINCIPLES 5.5.4 Wheat starch 8. STARCH SEGMENT 2.1 Company profile 5.6 Südzucker Polska 8.1 Overview 2.2 Group strategy 5.7 Südzucker Moldova 2.3 Guiding principle 5.8 Raffinerie Tirlemontoise 9. FRUIT SEGMENT 2.4 Strategic directions 5.9 Saint Louis Sucre 9.1 Overview 5.10 AGRANA 9.2 Figures 3. PEOPLE & FIGURES 5.11 ED&F Man 9.3 Fruit preparations 3.1 Group figures 5.12 Farms 9.4 Fruit juice concentrates 3.2 Segment figures 5.13 Bodengesundheitsdienst 3.3 Employees 10. RESEARCH & DEVELOPMENT 3.4 Executive board 6. SPECIAL PRODUCTS SEGMENT 3.5 Supervisoryboard 6.1 Overview 6.2 Figures 11. SUSTAINABILITY 6.3 BENEO 4. SHARE & CAPITAL MARKET 12. SÜDZUCKER HISTORY 4.1 Overview 6.4 Freiberger 6.5 PortionPack Europe 4.2 Share price movement 13. SUGAR MARKET 4.3 Shareholder structure 7. CROPENERGIES SEGMENT 12.1 German & Global sugar market 12.2 German sugar sales 5. SUGAR SEGMENT 7.1 Overview 7.2 Figures 5.1 Overview 14. SUGAR PRODUCTION 5.2 Figures 7.3 CropEnergies Bioethanol GmbH 5.3 Campaign 2020/21 July 2021 1.1 Overview Südzucker Group — One of the leading food industry companies — Segments sugar, special products, CropEnergies, starch and fruit1) — In the traditional sugar business, the group is Europe‘s number one supplier of sugar products — About 17,900 employees2) — About € 6.7 billion annual revenues — More than 100 production locations worldwide — About 31 million tonnes of agricultural raw materials processed — Sugar productions: 3.7 million tonnes — Fiscal year: 1 March to 28/29 February — Member of the German SDAX® — Formation 1926 — Legal form: stock corporation under German law 1) New segment structure as of fiscal 2021/22; 2) Based on full-time equivalents. July 2021 1. SÜDZUCKER GROUP 1.2 Südzucker Group: Segment overview* Sugar is our core business, yet Südzucker is more than sugar … Sugar Special products CropEnergies Starch Fruit segment segment segment segment segment 23 sugar factories, 2 BENEO Ethanol Starch and ethanol Fruit preparations / refineries, 1 wheat Freiberger activities AGRANA Fruit juice concentrates starch plant and 1 PortionPack Europe Betain plant in Austria, Belgium, Bosnia, the Czech Republic, France, 23 production sites 4 production sites in 5 production sites in 41 production sites Germany, Hungary, worldwide Belgium, France, Austria, Hungary and worldwide Moldova, Poland, Germany and Great Romania Romania, Slovakia Britain * New segment structure as of fiscal year 2021/22. July 2021 1. SÜDZUCKER GROUP 1.3 The range of Südzucker products Video As a leading integrated group, we harness the power of plants to produce a wide range of products for many different areas of everyday life, including sugar. But Südzucker does much more in the areas of nutrition and energy, as well as packaging and cosmetics. That is why our short film takes a look at a day in the life of Sarah. She guides us through the world of Südzucker and shows us the huge variety of products. Watch the video on YouTube Note: We use YouTube for the display of videos. When calling up the link, you will leave the Südzucker environment and be redirected to YouTube. In this way, your personal data is also transmitted to YouTube. Please note Google's data protection information before calling up. We also take the liberty of referring to our privacy policy. July 2021 1. SÜDZUCKER GROUP STRATEGY & GUIDING PRINCIPLES July 2021 2. STRATEGY & GUIDING PRINCIPLES 2.1 Südzucker Group: Company profile Südzucker is a multinational corporation whose sugar, special products, starch and fruit segments are key food industry players, while its CropEnergies segment is the leading ethanol producer in Europe. — In the sugar segment, the group currently operates 23 factories and two refineries in Europe, producing sugar, sugar specialties and co-products such as animal feed. — The special products segment conducts business in high-growth dynamic markets consisting of the functional food ingredients for food and animal feed (BENEO), as well as chilled/frozen products (Freiberger) and portion packs (PortionPack Europe) divisions. — CropEnergies produces ethanol and animal food from renewable raw materials in Germany, Belgium, France and the UK. — In the Starch segment, AGRANA produces top quality starch products in Austria and Eastern Europe and is among the leading suppliers in Europe. — The fruit segment is the world market leader for fruit preparations and a leading supplier of fruit juice concentrates in Europe. Our core competencies comprise our broad-based expertise in the large-scale conversion of different agricultural raw materials into high-quality products, especially into food for industrial customers and end users but also feed and other products for the food and non-food industries. In this process, the raw materials are to a large extent fully utilized and refined. Our marketing focuses on business-to-business clients. July 2021 2. STRATEGY & GUIDING PRINCIPLES 2.2 The core of our Group Strategy Südzucker Group, together with its employees, is expanding and strengthening its position as a leading integrated group of companies for developing, producing and supplying plant-based solutions – for nutrition, energy and more! July 2021 2. STRATEGY & GUIDING PRINCIPLES 2.3 Our guiding principle Our vision for the future, Group Strategy 2026 PLUS, builds on our strengths as a diversified group of companies and our employees’ expertise and experience. Our new guiding principle forms the basis of our strategy and defines the framework for Südzucker Group's further development: We will be more innovative, more customer-focused, more sustainable and even more consistently geared toward profitable growth. Purpose Mission Vision Our Mission is to develop, Our Purpose is to contribute to to process and to deliver value Our Vision is to become the an enjoyable, healthy, and from plants for nutrition, leading integrated group for sustainable world based on energy & beyond – being the plant-based solutions – locally, the power of plants. partner of choice for farmers, regionally & globally. customers and consumers. July 2021 2. STRATEGY & GUIDING PRINCIPLES 2.4 Our strategic directions Five key strategic directions of Group Strategy 2026 PLUS July 2021 2. STRATEGY & GUIDING PRINCIPLES PEOPLE & FIGURES July 2021 3. PEOPLE & FIGURES 3.1 Group figures Südzucker Group, fiscal year 2020/21 2020/21 2019/20 Revenues € million 6,679 6,671 EBITDA € million 597 478 Depreciation on fixed assets and intangible assets € million -361 -362 Operating result € million 236 116 Result from restructuring/special items € million -40 -19 Result from companies consolidated at equity € million -126 -49 Result from operations € million 70 48 EBITDA margin % 8.9 7.2 Operating margin % 3.5 1.7 Investments in fixed assets1) € million 285 335 Investments in financial assets/acquisitions € million 15 13 Total investments € million 300 348 Shares in companies consolidated at equity € million 165 313 Capital Employed € million 6,222 6,388 Return on Capital Employed % 3.8 1.8 1) Including intangible assets. July 2021 3. PEOPLE & FIGURES 3.2 Segment figures, fiscal year 2020/21* Südzucker Group Revenues % € million 2020/21 2019/20 33.7 Sugar segment 2,252 2,258 37.2 Special products segment 2,487 2,409 11.6 CropEnergies segment 774 819 17.5 Fruit segment 1,166 1,185 Group 6,679 6,671 Operating result € million 2020/21 2019/20 Sugar segment -121 -236 Special products segment 197 190 CropEnergies segment 107 104 Fruit segment 53 58 Group 236 116 * Segment structure fiscal year 2020/21. July 2021 3. PEOPLE & FIGURES 3.3 Employees, fiscal year 2020/21* Südzucker Group Total employees*: 17,876 Employees by region Fruit Germany 5,154 Sugar 23.5 % 6,141 Non EU / other 35.1 % CropEnergies 450 Other EU countries Special products 41.4 % 6,131 *Based on full-time equivalents as of 28 February 2021. Segment structure fiscal year 2020/21. July 2021 3. PEOPLE & FIGURES 3.4 Executive board Dr. Niels Pörksen Ingrid-Helen Arnold Dr. Thomas Kirchberg Thomas Kölbl Markus Mühleisen CEO CDO COO CFO CEO AGRANA Beteiligungs-AG Consumer markets, Industrial Markets, Digitalization Research & Development — Business Excellence — BENEO — CropEnergies — Controlling & Economics — Fruit — Change Management — Freiberger — Sugar (Südzucker) — Finance — Starch (AGRANA) — Data protection — PortionPack Europe — Agriculture — Investor Relations — Sugar (AGRANA) — Internal communication — Digitalization / IT — Human Resources — Legal — Public Relations & Affairs — New Business Develop- — Purchase / Investments — Internal Audit, ment — Real Estate / Insurance Compliance — Research, Development — Taxes — Strategy / Corporate & Services Development — Sustainability — Top Management July 2021 3. PEOPLE & FIGURES 3.5 Supervisory board — Chairman: Dr. Hans-Jörg Gebhard — 2 Deputy chairmen: Franz-Josef Möllenberg and Erwin Hameseder — 8 further shareholders' representatives — 9 further employees' representatives — Südzucker largely complies with the recommendations of the Government Commission “German Corporate Governance Code” July 2021 3. PEOPLE & FIGURES SÜDZUCKER SHARE & CAPITAL MARKET July 2021 4. SÜDZUCKER SHARE & CAPITAL MARKET 4.1 Südzucker share: Overview Fiscal year 2020/21 2020/21 2019/20 Market capitalization1) € million 2,661 2,873 Freefloat - market capitalization1) € million 790 903 Number of shares issued at €1) million shares 204.2 204.2 Xetra® closing price1) € 13.03 14.07 High of the year (Xetra®) € 17.54 16.95 Low of the year (Xetra®) € 10.77 11.24 Average trading volume/day2) thousand of shares 737 683 Cumulative trading turnover € million 2,457 2,420 SDAX® closing rate1) points 15,110 11,331 Performance Südzucker share (1 Mar.
Load more

Recommended publications
  • JUNGHEINRICH 4.0 Annual Report 2016 Contents
    JUNGHEINRICH 4.0 Annual Report 2016 Contents 02 Members of the Board of Management and To our shareholders 04 Jungheinrich 4.0 30 To our shareholders 30 Report of the Supervisory Board 33 Corporate governance report 36 Members of the Supervisory Board 38 Jungheinrich share 43 Group management report 44 Group fundamentals 50 Economic report 66 Legal disclosure 67 Risk and opportunity report 73 Forecast report 75 Consolidated financial statements 76 Consolidated statement of income 77 Consolidated statement of comprehensive income (loss) 78 Consolidated balance sheet 80 Consolidated statement of cash flows 81 Consolidated statement of changes in shareholders’ equity 82 Notes to the consolidated financial statements 140 Additional information 140 Responsibility statement 141 Independent auditor’s report 142 Jungheinrich worldwide 144 2016 quarterly overview Cover Key figures at a glance Five-year overview Financial calendar, Imprint, Contact Company profile Established in 1953, Jungheinrich ranks among the world’s leading intralogistics companies. Drawing on a balanced portfolio of material handling equipment, logistics systems and services, Jungheinrich offers its customers comprehensive solutions from a one-stop shop. The Group‘s strategy is designed to generate sustainable, profitable growth and thus increase the company‘s value. Our goal is to become the No. 1 intralogistics brand on all European markets and to rank among the top 3 global suppliers worldwide over the long term. Key figures at a glance Jungheinrich Group 2016 2015 Change
    [Show full text]
  • Pressemitteilung Der SMA Technologie AG
    SMA Solar Technology AG—Press Release SMA to deliver operations and maintenance services for TerraForm Power’s North American solar fleet Niestetal, Germany, November 27, 2019—SMA America, the U.S. subsidiary of SMA Solar Technology AG (SMA/FWB: S92), has signed a 10-year framework agreement with TerraForm Power for SMA to provide operations and maintenance (O&M) services for TerraForm Power’s North American solar fleet. Starting in early 2020, the companies will enter into long-term project-level service agreements and transition operations to SMA. The 10-year agreement covers approximately 1 gigawatt of TerraForm Powers’ existing solar portfolio. “We are pleased that TerraForm Power has selected SMA as the O&M services partner for its North American solar fleet. With this award SMA is strengthening its position among the top providers of O&M services,” said Jürgen Reinert, Chief Executive Officer of SMA. “As a leading inverter repowering specialist SMA offers solutions that can replace obsolete inverters thereby enhancing plant performance. This includes repowering of defunct inverters when original equipment manufacturers no longer support equipment. Our nationwide service footprint and global presence give us an additional advantage.” SMA is uniquely qualified to serve as the custodian of Terraform Power’s assets given its knowledge of inverter technology and more than 35-year experience in photovoltaics technology. SMA’s expertise reduces TerraForm Power’s operational risk and aligns with the latter company’s objective to maximize production and improve reliability. “We are pleased to sign an innovative framework agreement with SMA to oversee O&M activities for our North American solar fleet and believe this agreement will prove to be an important operational milestone for TerraForm Power,” said John Stinebaugh, Chief Executive Officer of TerraForm Power.
    [Show full text]
  • SMA Consumer Faqs
    SMA Consumer FAQs • When was SMA founded? What’s your history, and how have you grown? o SMA was founded in 1981 in Germany. As a leading global specialist in photovoltaic system technology, SMA is setting the standards today for the decentralized, digital and renewable energy supply of tomorrow. More than 3,000 SMA employees in 18 countries have devoted themselves to this task. Our innovative solutions for every type of photovoltaic application offer people and companies worldwide greater independence in meeting their energy needs. In collaboration with our partners and customers, we are helping people transition to a self-sufficient, decentralized and renewable energy supply. SMA inverters with a total output of more than 100 gigawatts have been installed in more than 190 countries worldwide. SMA’s multi- award-winning technology is protected by more than 1,600 patents and utility models. Since 2008, the Group’s parent company, SMA Solar Technology AG, has been listed on the Prime Standard of the Frankfurt Stock Exchange (S92) and is listed in the SDAX index. • Where is SMA headquartered? o SMA is headquartered in Niestetal, Germany. • What’s your company’s mission? o By continuous further developments and innovations in system technology, we will make the installation and operation of photovoltaic power plants even simpler, more reliable, safer, and above all, more cost-effective. We want to increase technical progress and the worldwide spread of photovoltaics with our work. • How does SMA’s Sunny Boy inverter compare to the other options available on the market? o The Sunny Boy produces more energy on an annual basis than competing models using traditional optimizers.
    [Show full text]
  • RTL Group Sells Shareholding in Broadbandtv
    PRESS RELEASE RTL Group sells shareholding in BroadbandTV Luxembourg/Cologne, 28 October 2020 – RTL Group today announced that it has completed the sale of its entire shareholding in Vancouver-based BroadbandTV to BBTV Holdings Inc., effective 28 October 2020, for €102 million (C$158.8 million). The sale is consistent with RTL Group’s three-priority strategy – core, growth, alliances & partnerships – which includes continuously reviewing the Group’s portfolio and growing its European digital assets in the areas of streaming, advertising technology and digital video. In 2013, RTL Group acquired a 51 per cent shareholding1 in BroadbandTV for €27 million. Following this initial investment, RTL Group injected further capital into BroadbandTV amounting to €19.8 million (C$30.9 million) in the form of convertible notes. These notes, including accrued interest, will be replaced by a new promissory note of the newly listed entity BBTV Holdings Inc. with a December 2021 maturity date. For further information please contact: RTL Group Media & Investor Relations Oliver Fahlbusch Irina Mettner-Isfort Phone: +352/2486 5200 Phone: +49/221 456 56410 [email protected] [email protected] About RTL Group RTL Group is a leader across broadcast, content and digital, with interests in 68 television channels, nine streaming platforms and 31 radio stations. RTL Group also produces content throughout the world and owns digital video networks. The television portfolio of Europe’s largest broadcaster includes RTL Television in Germany, M6 in France, the RTL channels in the Netherlands, Belgium, Luxembourg, Croatia, Hungary and Antena 3 in Spain. RTL Group’s families of TV channels are either the number one or number two in eight European countries.
    [Show full text]
  • Pressemitteilung Der SMA Technologie AG
    SMA Solar Technology AG—Press Release Emission-free driving: The new SMA EV Charger combines solar power and e-mobility Niestetal, September 10, 2020 – According to forecasts, one million electric vehicles will be on Germany’s roads by 2022. Around 80% of these will be charged at home. Using solar power from your own roof has benefits not only for the environment, but also for your wallet. That is why SMA has developed the SMA EV Charger. The intelligent charging solution always charges electric vehicles in such a way that the maximum amount of self-generated solar power is used. Even when charging has to be done really quickly. Furthermore, the SMA EV Charger integrates seamlessly into the SMA Energy System Home, making installation and maintenance easier for installers. “Solar power makes e-mobility really worthwhile,” said Nick Morbach, Executive Vice President of the Home & Business Solutions business unit at SMA. “That's why we developed the SMA EV Charger. It enables electric car drivers to always charge conveniently and reliably while using the maximum available amount of cost-effective and CO2- neutral solar power. With the SMA EV Charger, we provide installers with a key component of an ‘all-in-one package’, because the SMA EV Charger is part of the SMA Energy System Home. All components, including communication for the domestic energy system, come from a single source, and there is only one contact point for questions regarding expansion, warranties or service.” Fast and reliable charging – with solar power, of course The SMA EV Charger enables fast, reliable and cost-effective charging and for this purpose has various charging modes.
    [Show full text]
  • Jungheinrich Pref. Buy EUR 41.00
    Jungheinrich Pref. RESEARCH (SDAX, Capital Goods) Value Indicators : EUR Share data : Description : Buy (Suspended) DCF: 41.27 Bloomberg: JUN3 GR Producer of material handling Peer group KGX: 35.26 Reuters: JUNG_p equipment and warehousing EUR 41.00 ISIN: DE0006219934 technology. Market Snapshot : EUR m Shareholders : Risk Profile (WRe): 2019e Market cap: 3,060 Freefloat 100.0 % Beta: 1.2 EUR Price 30.00 No. of shares (m): 102 Deutsche Bank AG 5.0 % Price / Book: 2.1 x Upside 36.7 % EV: 3,413 DWS Investment 4.0 % Equity Ratio: 30 % Freefloat MC: 3,060 Net Fin. Debt / EBITDA: 0.2 x Ø Trad. Vol. (30d) : 3.74 m Net Debt / EBITDA: 0.6 x Uplift in e-commerce enabled by Jungheinrich As one of the top three intralogistics players worldwide, Jungheinrich is a one-stop shop offering new forklifts, rental business, fully integrated warehouse solutions and aftermarket activities. With strong exposure to e-mobility and a rising share of automated solutions in the scope of Industry 4.0, Jungheinrich is the second-largest player in its core market Europe after the KION Group. Barriers to entry should remain high in light of substantial size advantages for existing players, such as know-how, capital requirements, strong supplier and customer relationships. Within its peer group, Jungheinrich stands out with a high share of aftermarket revenues, leading to a high share of recurring revenues which provides a safety cushion in times of economic slowdown. Having outperformed economic growth by a factor of 1.5x in the past decade, the global market for intralogistics looks set to rise further, especially driven by a robust shift towards e-commerce, fuelling demand for warehouse equipment.
    [Show full text]
  • Investor Relations Newsletter Half-Year
    Investor Relations Half-year Newsletter 2021 BayWa Group generates record-breaking half-year results The BayWa Group’s consolidated reve- sales rise across the entire product range. nues stood at roughly €9.3 billion after The Agriculture Segment also recorded Highlights the first six months of the current financial earnings growth, with both international year, up 13.3% year on year. Earnings and domestic product trading benefiting before interest and tax (EBIT) improved by from the positive price trend on grain • Full-year guidance raised €90.8 million to a total of €144.6 million. markets. All three operating segments – Energy, • Higher earnings in all Agriculture and Building Materials – re- “All operating segments contributed to three operating segments: corded a significant year-on-year increase this dynamic rise in earnings,” says Chief – ­Energy (>+100%) in earnings (EBIT) in the first half of 2021. Executive Officer Prof. Klaus Josef Lutz. – ­Building Materials “Thanks to its diversified business portfo- (+95.3%) The Energy Segment posted the largest lio, BayWa is positioned with an eye to improvement in earnings, more than tri- the future and is crisis-resilient.” – ­Agriculture (+43.3%) pling its EBIT compared to the same peri- od in the previous year due to the comple- Based on the segments’ operating earn- • Above-average second tion of major project sales and sustained ings in the first half of 2021, the Board quarter high demand in trade activities involving of Management has now raised its fore- • Participation in Bavarian PV components. In the Building Materials cast increase in the BayWa Group’s COVID-19 vaccination Segment, EBIT almost doubled compared full-year operating result for 2021 from project to the previous year.
    [Show full text]
  • Company Presentation
    CEWE Company Presentation March 2021 Financial schedule (insofar as already scheduled) 12.05.2021 Publication of interim statement Q1 2021 12.05.2021 Press release Q1 2021 09.06.2021 AGM 2021 10.06.2021 Warburg Highlights Conference 2019 2018 10.08.2021 Publication interim report H1 2021 10.08.2021 Press release H1 2021 #2 SDAX: CEWE #2 SDAX: CEWE 21.09.2021 Berenberg & Goldman Sachs German Corporate Conference 2021 23.09.2021 Baader Investment Conference 2021 12.11.2021 Publication interim statement Q3 2021 12.11.2021 Press release Q3 2021 22.11.2021 Deutsches Eigenkapitalforum Available in the App Stores: the CEWE Investor Relations app for an iPad® or android tablet, with annual reports and quarterly reports, presentations and sustainability reports. 2 Agenda Introduction 4-11 Equity Story 13-29 Sustainability 31-41 Share 43-46 Details Photofinishing 48-82 Backup » Results 2020 84-104 » Multi-Year Overview 106-110 The CEWE-Group EUROPE’S LEADING PHOTO SERVICE AND ONLINE PRINTING PROVIDER From its beginnings in 1912, CEWE has established itself as the first choice as a photo service for anyone looking to make more of their photos. The company’s CEWE PHOTOBOOK in particular stands for this, with multiple awards and significantly more than six million copies sold every year. Customers can obtain further personalised photo products through the brands CEWE, WhiteWall and Cheerz, for instance – and from many leading European retailers. These brand worlds inspire customers to produce a wide range of creative designs with their personal photos, and customers entrust the company with around 2.3 billion photos every year.
    [Show full text]
  • JUNGHEINRICH GROUP – COMPANY PRESENTATION 2011 – Shape the Future!
    JUNGHEINRICH GROUP – COMPANY PRESENTATION 2011 – shape the future! Hamburg, July 2011 Contents Company profile Business sectors Jungheinrich Group in figures Company history Information on the Jungheinrich share COMPANY PROFILE . BUSINESS SECTORS . FIGURES . HISTORY . SHARE Jungheinrich Group, Company presentation Hamburg, July 2011 Folie 2 Company profile. COMPANY PROFILE . BUSINESS SECTORS . FIGURES . HISTORY . SHARE Jungheinrich Group, Company presentation Hamburg, July 2011 Folie 3 Company profile. Jungheinrich, founded in 1953 and located in Hamburg, ranks among the world‘s leading companies in the material handling equipment, warehousing and material flow engineering sectors. The company is a service provider with manufacturing operations as well as an intralogistics solution provider, which offers its customers a comprehensive range of forklift trucks, shelving systems, services and consulting. Jungheinrich shares are traded on all German stock exchanges. COMPANY PROFILE . BUSINESS SECTORS . FIGURES . HISTORY . SHARE Jungheinrich Group, Company presentation Hamburg, July 2011 Folie 4 Board of management. Hans-Georg Frey Dr. Helmut Limberg Chairman Marketing & Sales Dr. Klaus-Dieter Rosenbach Dr. Volker Hues Engineering & Production Finance COMPANY PROFILE . BUSINESS SECTORS . FIGURES . HISTORY . SHARE Jungheinrich Group, Company presentation Hamburg, July 2011 Folie 5 World league table 2010. Sales in € million 4,059 3,534 1,816 1,359 Toyota* Kion Jungheinrich Nacco In relation to industry branches, Jungheinrich is ranked second
    [Show full text]
  • RTL Group Press Release
    PRESS RELEASE RTL Group sells its US ad-tech company SpotX • US-based ad-tech company Magnite to fully acquire SpotX for US-$1.17 billion in cash and stock • With its European ad-tech businesses Smartclip and Yospace, RTL Group is tapping into the high-growth market of addressable TV advertising Luxembourg/Cologne, 5 February 2021 – RTL Group today announced that it has signed a definitive agreement for the sale of SpotX to Magnite (Nasdaq: MGNI), the world’s largest independent sell- side advertising platform, based in Los Angeles. The transaction is subject to receipt of regulatory approvals and is expected to close in Q2/2021. The purchase price consists of US-$560 million (€468 million1) in cash and 14.0 million shares of Magnite stock. The agreement implies an enterprise value (100 per cent) for SpotX of US-$1.17 billion (€977 million1), based on the closing price of Magnite stock as of 4 February 2021. RTL Group’s shareholders will benefit from the cash proceeds in line with the stated dividend policy. RTL Group acquired a 65 per cent majority shareholding in SpotX for €107 million in 2014, and took full ownership of SpotX in 2017, acquiring the remaining shareholding for €123 million. Thomas Rabe, CEO of RTL Group, says: “The sale of SpotX is fully in line with our strategy to concentrate on growing our European digital businesses in streaming, advertising technology, digital video and audio as well as our global content business, Fremantle. SpotX is a fantastic business, focused on the United States and with significant potential.
    [Show full text]
  • RTL Group Press Release AGM Convening Notice
    PRESS RELEASE Convening notice for RTL Group’s Annual General Meeting 2021 now available Luxembourg, 26 March 2021 – Following the publication of RTL Group’s audited full-year results 2020 on 12 March 2021, RTL Group convened its Annual General Meeting (AGM) of shareholders 2021. The Annual General Meeting of shareholders will be held on Wednesday 28 April 2021 at 15:00 CEST. In light of the global spread of Covid-19 and in accordance with the Luxembourg law of 25 November 2020, the AGM will be held without the physical presence of the shareholders. The AGM will be broadcast on a live webcast available to shareholders. They can exercise their voting rights electronically during the General Meeting, by correspondence beforehand, or by proxy. It will not be possible to ask questions in person at the General Meeting. However, shareholders can submit questions relating to the items on the agenda, in writing, prior to the AGM. The questions will then be answered verbally during the AGM. RTL Group published the convening notices and the preparatory documents on its website. These documents are available via: www.rtlgroup.com/agm For further information please contact: RTL Group Media & Investor Relations Oliver Fahlbusch Phone: +352/2486 5200 [email protected] About RTL Group RTL Group is a leader across broadcast, content and digital, with interests in 67 television channels, ten streaming platforms and 38 radio stations. RTL Group also produces content throughout the world and owns digital video networks. The television portfolio of Europe’s largest broadcaster includes RTL Television in Germany, M6 in France, the RTL channels in the Netherlands, Belgium, Luxembourg, Croatia, Hungary and Antena 3 in Spain.
    [Show full text]
  • Amazon.Com Most Traded Share on Tradegate Exchange in July Trading Volume Significantly Higher Than Last Year
    Berlin, 6th August 2018 Amazon.com most traded share on Tradegate Exchange in July Trading volume significantly higher than last year Amazon.com shares were the most traded on Tradegate Exchange in July with a trading volume of 384 million Euros. In second place were SDAX shares of Steinhoff International with 272 million Euros. In to- tal a trading volume of 7.8 billion Euros was achieved in July – a plus of 23 percent on last year (2017: 6.3 billion Euros). The largest part of the order book turnover was generated by equities with 7.2 billion Euros. Besides Amazon.com and Steinhoff International investors particularly favoured Facebook (245 million Euros) and Wirecard AG (184 million Euros). Other highly traded DAX stocks were Deutsche Bank AG with 161 million Euros and Daimler AG with 152 million Euros and further popular international stocks were Netflix (175 million Euros) and Apple (100 million Euros). About Tradegate Exchange Tradegate Exchange is a stock exchange specialising in executing private investors´ orders. Over 30 trading participants from Germany, Austria, France and the United Kingdom are currently connected and offer access to their customers from their own country and abroad. Around 4,700 equities, 1,700 ETPs, 2,800 bonds and 2,000 investment funds can be traded. Orders are usually executed in full. Tradegate Media Release Exchange does not charge any transaction fees. Tradegate provides investors with a continuous over- view of what is happening on the market: real-time prices are available for the DAX, MDAX, SDAX and TecDAX indices and can also be accessed by smartphone using the Tradegate app.
    [Show full text]