DOCSLIB.ORG

Annual Report Geschäftsbericht 41 42 Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report Geschäftsbericht 41 42 Contents ICF BANK 19 20 ANNUAL REPORT GESCHÄFTSBERICHT 41 _ 42 CONTENTS LETTER FROM THE CHIEF EXECUTIVE OFFICER 43 REPORT OF THE SUPERVISORY BOARD 47 MANAGEMENT REPORT 49 BUSINESS DEVELOPMENT 51 FINANCIAL SITUATION 54 RISK REPORT 55 OUTLOOK AND REPORT ON OPPORTUNITIES 57 FINANCIAL STATEMENT 59 BALANCE SHEET 61 PROFIT AND LOSS STATEMENT 63 NOTES 65 INDEPENDENT AUDITOR'S REPORT 75 IMPRINT 77 43 _ 44 LETTER FROM THE CHIEF EXECUTIVE OFFICER LETTER FROM THE CHIEF EXECUTIVE OFFICER _ REPORT OF THE SUPERVISORY BOARD _ MANAGEMENT REPORT _ FINANCIAL STATEMENT _ NOTES DEAR SHAREHOLDERS, LADIES AND GENTLEMEN, In many respects, financial year 2019/2020 was chequered and dominated by unprecedented challenges. The year 2019 as a whole was marked by fears of recession, Brexit, the trade dispute between the US and China and a contentious tariff policy in transatlantic trade, with the central banks keeping interest rates low due to the signs of a wavering economy. This led to a relatively low level of volatility on the global equities markets although the DAX climbed 25.5% to a record high of 13,249 points in 2019, which had a very positive effect on earnings development at ICF BANK AG. The international equities markets plummeted at unprecedented speeds in the first quarter of 2020 in the wake of the coronavirus and COVID-19 outbreak, which developed into a pandemic and saw lockdowns implemented in almost every corner of the globe. The outcome remains uncertain but the first quarter of 2020 will go down in stock market and economic history. ICF BANK AG leveraged its efficient organi- sational structure to react quickly and judiciously to the market situation. Thanks to a systematic and proactive approach and the outstanding professional skills and motivation of all our staff, ICF BANK AG closed out the 2019/2020 financial year with an exceptionally good result from ordinary activities of EUR 7,897 thousand. Our business development in the 2019/2020 financial year and the first quarter of the 2020/2021 financial year clearly demonstrates that our strategy of "diversifying and promoting core competencies" is not just a key condition for growth and sustainable profits but also offers flexibility and resilience, especially in an unfavourable environment. Continually developing our segments is a prerequisite for us to offer our customers the best possible service. For example, the "Dynamic Best Execution Policy" project, which we completed this past financial year, is now ready to be rolled out to our customers. This new product offering met with positive feedback and won the Company several new customers. The "Internaliser" project is still in the roll-out phase, and we see it as a further pillar in our efforts to expand the range of services. ICF BANK AG was also registered as an official EU Benchmark Administrator with Germany's Federal Financial Supervisory Authority (BaFin) and has been included in the European Securities and Markets Authority (ESMA) register since 19 July 2019. Lawmakers passed the Bench- mark Regulation to fully regulate the indices used as reference rates for financial products. Supervised companies may only use indices as benchmarks for their financial products if the benchmark administrator is entered into the ESMA register. Our customers take part in innovative benchmark concepts in observance of high security standards. We also succeeded in penetrating a further segment in the area of Market Making thanks to our many years' expertise and integrity. Since January 2020, we have been the sole lead broker on the Düsseldorf Stock Exchange and have established a branch in Düsseldorf to further optimise our process chain. Developing new products and services, winning market share and opening up new markets achieved measurable success in the 2019/2020 financial year that was reflected in our operating result. We are pleased to give you an overview of developments in our three core divisions: Market Making, Brokerage Services and Capital Markets. MARKET MAKING As a specialist on the Frankfurt Stock Exchange, ICF BANK AG manages roughly 800 (previous year: 802) stocks, including 114 foreign REITs (real estate investment trusts) in the REITs segment. In addition, there were approximately 9,400 (previous year: approximately 9,550) fixed- income securities. The number of funds on the Frankfurt Stock Exchange managed by ICF BANK AG was approximately 1,350 (previous year: approximately 1,500). ICF BANK AG currently manages some 610,000 (previous year: approximately 660,000) products in the Market Making Derivatives Products segment; the average number of products managed over the year in the Market Making ETP segment was approximately 450 (previous year: approximately 400). On the Quotrix exchange in Düsseldorf, ICF BANK AG manages approximately 4,100 stocks (previous year: approximately 4,100), approxi- mately 8,300 fixed-income bonds (previous year: approximately 6,650), approximately 2,100 funds (previous year: approximately 2,300) and approximately 1,550 ETPs (previous year: approximately 1,500). Since January 2020, ICF BANK AG has been the lead broker on the Düsseldorf Stock Exchange, managing approximately 3,300 equities, approximately 9,400 fixed-income bonds, approximately 3,200 funds and approximately 1,500 ETPs. This lays the foundation for healthy growth. 45 _ 46 BROKERAGE SERVICES On the stock exchanges, equities performed well in 2019. Anxiety surrounding the coronavirus at the beginning of 2020 then had a massive impact on the international equities markets. The extraordinary turnover on the markets caused a significant increase in business in the Glo- bal Markets department, which in turn meant that Global Markets could again generate very encouraging overall results in the 2019/2020 financial year. In the Customized Indices segment, financial year 2019/2020 was marked by various upgrades to our proprietary software and hardware. This enabled us to further improve performance and systems scalability, thereby laying the foundation for further growth. The number of indices calculated remained roughly the same, overall. CAPITAL MARKETS ICF BANK AG's capital markets team successfully carried out several transactions – some of which were exceptionally high-volume – in the 2019/2020 financial year through its Equity & Debt Capital Markets and Institutional Sales Equity & Debt departments. A total of eight capital market transactions and several technical mandates were managed. At the same time, the issuance business was stopped in its tracks in Febru- ary 2020 due to the turbulence on the capital and commodities markets in the wake of the coronavirus pandemic; this led to a postponement of planned capital market projects. In Designated Sponsoring, we gained more mandates than we lost in the 2019/2020 financial year. The total number of mandates increased by 3 to 56, as at 31 March 2020. The quality of the mandates managed remained high. At the balance sheet date, one-quarter of the managed companies were included in a Deutsche Börse AG selection index. Currently, 9 mandates from the MDAX, 3 from the SDAX and 2 from the TecDAX are managed. As in previous years, Designated Sponsoring achieved Deutsche Börse AG's best rating (AA) for all mandates under management. All in all, the capital markets team generated very healthy overall results. LETTER FROM THE CHIEF EXECUTIVE OFFICER _ REPORT OF THE SUPERVISORY BOARD _ MANAGEMENT REPORT _ FINANCIAL STATEMENT _ NOTES We can be pleased with the development within our three core divisions. Financial year 2019/2020 was a success, and we either achieved or exceeded our earnings targets in all material operating segments. Thus we reported EUR 1.4 million in net retained earnings for financial year 2019/2020. Due to the higher trading volumes, our net trading portfolio result rose from EUR 3 million to EUR 9.7 million in the financial year ended. Administrative expenses rose by approximately 20% to EUR 3.1 million due to non-recurring factors and one-off HR costs. The result from ordinary activities amounted to EUR 7.9 million as at the end of the year. Two transfers were made to the fund for general banking risks: EUR 384 thousand in accordance with section 340e (4) of the German Commercial Code (Handelsgesetzbuch, "HGB") and EUR 4,956 thousand in accordance with section 340g (1) HGB. Following a tax expense of EUR 2.6 million, the net income for the financial year amoun- ted to EUR 5 thousand. Regulatory tier 1 capital amounted to EUR 22.5 million. The equity ratio is approximately 57%. The positive earnings trend in the 2019/2020 financial year should enable us to pay out a higher dividend and still reinvest profits in the Company's future growth. Consequently, the Executive Board and the Supervisory Board will propose to the Annual General Meeting of ICF BANK that it increase the dividend from EUR 0.04 to EUR 0.15 per outstanding share. Although we can be satisfied with the results for financial year 2019/2020, we know that a lot of work lies ahead. Wide-ranging investments must be made in the Company's technological development to drive forward digitalisation. There must likewise be no let-up in efforts to review and refine our products and services so that we can remain competitive. Staying on our growth trajectory requires realistic ideas. For example, BÖAG Börsen AG acquired the majority of shares of ICF BANK AG at the beginning of the new 2020/2021 financial year. Acqui- ring the majority interest strengthens BÖAG's position as part of the strategic partnership and ICF BANK AG gains a reliable foothold to drive forward sources of growth and earnings in addition to its original focus on securities trading. As the CEO of ICF BANK AG, I again stood for election to various volunteer positions in the past financial year. I was confirmed in my position as a member of the Exchange Council of the Frankfurt Stock Exchange and elected for a further three years, and once again assume the position of Chairman of the Standing Committee of the Exchange Council.
Load more

Recommended publications
  • 789398885.Pdf
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Burhop, Carsten; Lehmann-Hasemeyer, Sibylle H. Working Paper The geography of stock exchanges in Imperial Germany FZID Discussion Paper, No. 89-2014 Provided in Cooperation with: University of Hohenheim, Center for Research on Innovation and Services (FZID) Suggested Citation: Burhop, Carsten; Lehmann-Hasemeyer, Sibylle H. (2014) : The geography of stock exchanges in Imperial Germany, FZID Discussion Paper, No. 89-2014, Universität Hohenheim, Forschungszentrum Innovation und Dienstleistung (FZID), Stuttgart, http://nbn-resolving.de/urn:nbn:de:bsz:100-opus-9834 This Version is available at: http://hdl.handle.net/10419/98252 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu FZID Discussion Papers CC Economics Discussion Paper 89-2014 THE GEOGRAPHY OF STOCK EXCHANGES IN IMPERIAL GERMANY Carsten Burhop Sibylle H.
    [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]
  • Doing Data Differently
    General Company Overview Doing data differently V.14.9. Company Overview Helping the global financial community make informed decisions through the provision of fast, accurate, timely and affordable reference data services With more than 20 years of experience, we offer comprehensive and complete securities reference and pricing data for equities, fixed income and derivative instruments around the globe. Our customers can rely on our successful track record to efficiently deliver high quality data sets including: § Worldwide Corporate Actions § Worldwide Fixed Income § Security Reference File § Worldwide End-of-Day Prices Exchange Data International has recently expanded its data coverage to include economic data. Currently it has three products: § African Economic Data www.africadata.com § Economic Indicator Service (EIS) § Global Economic Data Our professional sales, support and data/research teams deliver the lowest cost of ownership whilst at the same time being the most responsive to client requests. As a result of our on-going commitment to providing cost effective and innovative data solutions, whilst at the same time ensuring the highest standards, we have been awarded the internationally recognized symbol of quality ISO 9001. Headquartered in United Kingdom, we have staff in Canada, India, Morocco, South Africa and United States. www.exchange-data.com 2 Company Overview Contents Reference Data ............................................................................................................................................
    [Show full text]
  • Hvb Aktivrente Riester
    GSS NEWSFLASH ROMANIA UNICREDIT TIRIAC BANK NEW SHARES REGISTERED AT THE ROMANIAN CENTRAL DEPOSITORY 27.05.2011/021 Summary: Shares issued by Deutsche Telekom AG, Bayer AG and E.ON AG were registered at the Central Depository starting with 24.05.2011 with following characteristics: Issuer: Deutsche Telekom AG Registered Office: Friedrich Ebert Allee 140, 53113 Bonn Country: Germany Issued shares: 4.321.319.206 Symbol: DTE ISIN code: DE0005557508 CFI: ESVUFR Type of securities: common shares Depository: CBF (Clearstream Banking Frankfurt) Listed at: Borsa Italiana, Euronext Amsterdam, London Stock Exchange, Borse Stuttgart, Frankfurt Stock Exchange, Berlin Stock Market, Borse Dusseldorf, Hannover Stock Exchange, Borse Munchen, Hamburg Stock Exchange Issuer: Bayer AG Registered Office: Werk Leverkusen, 51368 Leverkusen Country: Germany Issued shares: 826.947.808 Symbol: BAYN ISIN code: DE000BAY0017 CFI: ESVUFR Type of securities: common shares Depository: CBF (Clearstream Banking Frankfurt) Listed at: Swiss Stock Exchange, Bolsa de Madrid, Bolsa de Barcelona, London Stock Exchange, Borse Stuttgart, Frankfurt Stock Exchange, Berlin Stock Market, Borse Dusseldorf, Hannover Stock Exchange, Borse Munchen, Hamburg Stock Exchange The haircut for each financial instrument eligible for guarantees 2 Issuer: E.ON AG Registered Office: E.ON-Platz 1, 40479 Dusseldorf Country: Germany Issued shares: 2.001.000.000 Symbol: EOAN ISIN code: DE000ENAG999 CFI: ESVUFR Type of securities: common shares Depository: CBF (Clearstream Banking Frankfurt) Listed at: Borsa Italiana, Euronext Amsterdam, London Stock Exchange, Borse Stuttgart, Frankfurt Stock Exchange, Berlin Stock Market, Borse Dusseldorf, Hannover Stock Exchange, Borse Munchen, Hamburg Stock Exchange Impact on investors: Opportunity for investors to settle cross border foreign shares.
    [Show full text]
  • List of Approved Regulated Stock Exchanges
    Index Governance LIST OF APPROVED REGULATED STOCK EXCHANGES The following announcement applies to all equity indices calculated and owned by Solactive AG (“Solactive”). With respect to the term “regulated stock exchange” as widely used throughout the guidelines of our Indices, Solactive has decided to apply following definition: A Regulated Stock Exchange must – to be approved by Solactive for the purpose calculation of its indices - fulfil a set of criteria to enable foreign investors to trade listed shares without undue restrictions. Solactive will regularly review and update a list of eligible Regulated Stock Exchanges which at least 1) are Regulated Markets comparable to the definition in Art. 4(1) 21 of Directive 2014/65/EU, except Title III thereof; and 2) provide for an investor registration procedure, if any, not unduly restricting foreign investors. Other factors taken into account are the limits on foreign ownership, if any, imposed by the jurisdiction in which the Regulated Stock Exchange is located and other factors related to market accessibility and investability. Using above definition, Solactive has evaluated the global stock exchanges and decided to include the following in its List of Approved Regulated Stock Exchanges. This List will henceforth be used for calculating all of Solactive’s equity indices and will be reviewed and updated, if necessary, at least annually. List of Approved Regulated Stock Exchanges (February 2017): Argentina Bosnia and Herzegovina Bolsa de Comercio de Buenos Aires Banja Luka Stock Exchange
    [Show full text]
  • Thomson ONE Exchange List
    THOMSON ONE EXCHANGE LIST Nasdaq ADF (including TRFs) D Exchange Codes for North America NASDAQ1 O 1 Bermuda National Stock Exch (formerly Cincinnati) C NYSE1 N Exchange Code NYSE Arca1 P Bermuda Stock Exchange1 HM COMMODITIES EXCHANGE Inc (COMEX) NC New York Commodities Exch - Futures CF Canada New York Commodities Exch - Options CO New York Cotton Exchange1 CT Exchange Code 1 Alpha Trading Systems1 AC New York Futures Exchange Alpha Venture Trading Systems1 AV New York Mercantile Exchange (NYMEX) NM Canadian Mutual Funds 6 One Chicago OC OTC Bulletin Board1 U CanDeal CD OTC Non Bulletin Board1 5 CNQ1 L 1 OVN Future NT Instinet Chi-X Canada IC Philadelphia Stock Exchange1 X Markets, Inc. MK 1 1 Philadelphia Bd of Trade PB Montreal R PBOT Indices1 LS Pure Trading1 PT 1 RTH Future RT TSX (formerly TSE) T 1 1 S&P Fixed Income SF TSX/Forex 1 1 Standard & Poors SP TSX Venture Exchange V Thomson Reuters Internal IL Winnipeg Commodity Exchange WC TradeWeb1 TT Mexico Exchange Code Exchange Codes for Europe Mexican Stock Exchange1 MX Austria United States Exchange Code Exchange Code 1 Vienna Stock Exch - Cash Market VI AMEX - American Stock Exchange A BATS1 I Bulgaria BTDS/TRACE TR Boston Stock Exchange - Options1 B Exchange Code Chicago Board of Options Exch (CBOE) 1 E Bulgarian Stock Exchange - Sofia BG 1 CBOE Electronic Options Exchange C2 Y Croatia CBOE/VIX1 CV Chicago Board of Trade1 CB Exchange Code 1 Chicago Mercantile CM Zagreb Stock Exchange2 ZG 1 Chicago Stock Exchange M Coffee, Sugar & Cocoa Exchange (CSCE) 1 NS Cyprus Dow Jones Global Index DI FTSE 100 Delayed Exchange S Exchange Code Cyprus Stock Exchange2 CP Garban/ICAP GA GovPX/SwapPX PX Czech Republic International Securities Exchange1 8 Kansas City Bd of Trade1 KC Exchange Code Liberty Treasury Bonds G Prague Stock Exchange - Automatic Trades PR Liberty Treasury Bond Quotes Q Prague Stock Exchange - SPAD Trades PRT Merrill TRACKR1 K 1 Denmark Minneapolis Grain MG Euronext Derivatives Y Exchange Code QRG-43 Date of issue: 3 September 2009 © 2009 Thomson Reuters.
    [Show full text]
  • Balance Sheet
    ANNUAL REPORT 2010 | 2011 As good as home ANNUAL REPORT 2010 | 2011 Main Group figures (IFRS) Continuing operations 2010 | 2011 2009 | 2010 Change in % 2009 | 2010 Change in % Results Operating sales EUR million 190.0 240.7 -21.1 193.2 -1.7 EBITDAR EUR million 51.9 75.6 -31.3 75.6 -31.3 EBITDA EUR million 13.7 25.9 -47.1 25.9 -47.1 EBIT EUR million 5.7 4.3 33.1 -19.4 – EBIT margin % 3.0 1.8 66.7 neg. – Net income EUR million 2.9 0.6 408.9 -22.1 – RoS % 1.5 0.2 544.6 -11.5 – Cash flow from operating activities EUR million 0.9 6.4 -86.6 6.4 -86.6 Balance sheet Fixed assets EUR million 167.2 168.4 -0.7 – – Investments EUR million 3.1 9.4 -67.0 – – Shareholders‘ equity EUR million 34.2 24.9 37.1 – – Equity ratio % 17.1 12.6 35.7 – – Return on equity % 8.4 2.3 271.1 – – Financial debt EUR million 57.1 62.4 -8.5 – – Financial ratio % 28.6 31.5 -9.2 – – Per capita sales EUR thousand 42.0 43.1 -2.5 – – Other key facts Dividend per share EUR 0.00 0.00 – – – Earnings per share EUR 0.23 0.05 360.0 – – Employees Number (averaged) 4,521 5,584 -19.0 – – Facilities Number 60 62 -3.2 – – Bed capacity Quantity (as of 30. June) 8,083 8,370 -3.4 – – Occupancy rate % 87.1 88.0 -1.0 – – * calculated using the weighted average after deducting treasury shares Sales of EBITDA of Equity of Marseille-Kliniken Group Marseille-Kliniken Group Marseille-Kliniken Group EUR million EUR million EUR million 250 235.5 240.4 35 32.7 50 228.1 30.9 214.8 30 42.5 200 190.0 25.9 40 25 34.8 34.2 150 30 20 25.2 24.9 100 15 13.7 20 10 50 10 5 3.6 0 0 0 06 | 07 07 | 08 08 | 09 09 | 10 10 | 11 * 06 | 07 07 | 08 08 | 09 09 | 10 10 | 11 * 06 | 07 07 | 08 08 | 09 09 | 10 10 | 11 * after deconsolidation of rehabilitation segment * after deconsolidation of rehabilitation segment Contents Mission Statement ..........................................................................................
    [Show full text]
  • Beiersdorf Timeline
    Beiersdorf Timeline March 28, 1882 The date of the patent document for the manufacture of medical plasters submitted by pharmacist Paul C. Beiersdorf is taken as the date of the company’s formation. On the basis of this patent, Paul C. Beiersdorf produces gutta-percha plasters in his laboratory. 1890 Pharmacist and businessman Dr. Oscar Troplowitz purchases the Hamburg-based company from its founder, Paul C. Beiersdorf. 1893 The first international cooperation agreement is signed with US trading company Lehn & Fink for the USA, providing the first contact with the US market. 1900 Patent application for Eucerit (lit. “beautiful wax”), an emulsifying agent. Made from lanolin, found in sheep’s wool, Eucerit is the basis for Eucerin and, later on, for NIVEA Creme. 1909 Lip care now has a name: Labello, the first lip care product in a sliding tube. Its name is derived from the Latin words labium (lip) and bellum (beautiful). 1911 Working closely together with chemist Dr. Isaac Lifschütz and dermatologist Prof. Paul G. Unna, Dr. Oscar Troplowitz develops the first ever stable skin cream based on a water-in-oil emulsion, using the emulsifying agent Eucerit. Troplowitz names the product NIVEA, derived from the Latin word “nix, nivis,” meaning “snow.” 1914 The company now does business with 34 countries, with 42% of sales being generated abroad. 1918/1922 Dr. Oscar Troplowitz and his co-shareholder Dr. Otto Hanns Mankiewicz pass away in 1918, necessitating several changes in Beiersdorf’s legal form. The stock corporation P. Beiersdorf & Co. AG is founded on June 1, 1922. 1922 Hansaplast is launched on the market and revolutionizes wound care: it is the first plaster with a gauze pad, meaning it can also be used for the care of open wounds.
    [Show full text]
  • Hamburger Hafen Und Logistik Aktiengesellschaft Annual Report 2008 Segments
    HAMBURGER HAFEN UND LOGISTIK AKTIENGESELLSCHAFT ANNUAL REPORT 2008 SEGMENTS HHLA CONTAINER HHLA INTERMODAL HHLA’s comprehensive container handling activities are HHLA’s intermodal companies offer a comprehensive pooled in the container segment. With its terminals in Ham- transport network by rail, road and waterway, connecting burg and Odessa, this handled more than 7 million standard the German seaports with their hinterland in Europe. The containers in 2008. Technical innovations and automated main transport focus lies in Central and Eastern Europe. The work processes make for high productivity and shorter ships’ HHLA network handled over 1.8 million standard contain- lay times. The three Hamburg HHLA Container Terminals ers in 2008. The rail companies TFG Transfracht (Germany, Altenwerder, Burchardkai and Tollerort thus secure the out- Austria, Switzerland), Metrans (Czech Republic, Slovakia, standing importance of the Port of Hamburg as a logistics Hungary) and Polzug (Poland, CIS states) have specialized hub between overseas and the economies of Central and very successfully in their regional markets, in each of which Eastern Europe. Moreover, specialized service providers offer they are the market leaders for container traffic by rail. CTD comprehensive services, from repairs or warehousing empty distributes containers by truck in the Hamburg metropolitan containers, to handling project cargo and heavy loads. With region and North Germany as well as over long distances. its container terminal in Odessa Commercial Seaport, HHLA The Baltic Region is served by HHLA subsidiary combisped operates one of the leading transhipment facilities on the via the landbridge from Hamburg to Lübeck and Container Black Sea. In the coming years a highly flexible modernization Terminal Lübeck (CTL).
    [Show full text]
  • Naviga Newsedge Stock Exchanges
    Naviga NewsEdge Stock Exchanges Naviga NewsEdge Stock Exchanges This is a list of the stock exchange names and codes that may appear on Naviga NewsEdge stories when one or more organizations are identified within the story. Exchange Exchange-name Abu Dhabi Securities Market AbuDhabi Aequitas NEO Exchange NEO Algeria Stock Exchange Algeria Amman Stock Exchange Amman Athens Stock Exchange Athens Australian National Market Australia Bahrain Stock Exchange Bahrain Bangkok Stock Exchange - Alien Market (Thailand) BangkokAlien Bangkok Stock Exchange (Thailand) Bangkok Banja Luka Stock Exchange (Bosnia) BanjaLuka Beirut Stock Exchange Beirut Belgrade Stock Exchange Belgrade Berlin Stock Exchange Berlin Bermuda Stock Exchange Bermuda Berne Stock Exchange Berne Bolsa Boliviana de Valores Boliviana Bolsa de Valores de Colombia Colombia Bolsa de Valores de El Salvador ElSalvador Bolsa de Valores de Montevideo Montevideo Bolsa de Valores de Panama Panama Bolsa Electronica de Chile Chile Bombay Stock Exchange (Mumbai) Bombay Botswana Share Market Botswana Bourse Regionales Des Valeurs Mobilieres (Ivory Coast) BRVM Bratislava Stock Exchange Bratislava Bridgetown Stock Exchange (Barbados) Bridgetown Bucharest Stock Exchange Bucharest Budapest Stock Exchange Budapest Buenos Aires Equity (BCBA) BuenosAires Bulgarian Stock Exchange Bulgarian Cairo Stock Exchange Cairo Canadian Stock Exchange (formerly CNSX) CNSX Caracas Stock Exchange Caracas Casablanca Stock Exchange Casablanca Cayman Islands Stock Exchange Cayman © Naviga 1 Naviga NewsEdge Stock Exchanges
    [Show full text]
  • EDI Company Service Information
    Company Service Information Doing data differently V16.0 Company Overview Helping the global financial community make informed decisions through the provision of comprehensive, accurate, timely and affordable securities and economic data services With more than 25 years’ experience, we offer comprehensive and accurate securities reference, corporate actions and pricing data for derivatives, equities, fixed income, and investment funds around the globe. We also cover economic data extensively. We understand how crucial financial and economic data is and take a different approach as to how we proceed: • We do not rent data, we sell it • We do not have onerous redistribution rules • We customize our services to meet your needs • We cover all countries - no matter how large or small • Finally, we are the cheapest As a result of our on-going commitment to providing cost-effective and innovative data solutions, while ensuring the highest standards, EDI has achieved the internationally recognized quality and security certifications ISO 9001 and ISO 27001. Headquartered in the United Kingdom, we have operations in Australia, Canada, Germany, India, Morocco, South Africa, and the United States. Our Support Team is available on +44 (0) 207 269 8915, 24 hours a day, Monday to Friday and closed on Christmas and New Year’s Day. www.exchange-data.com 1 Company Overview Table of Contents Reference Data ..................................................................................................................................... 4 Security Reference
    [Show full text]
  • Factset Data Service Manual Programmer’S Manual and Reference Version 2.0B
    FactSet Data Service Manual Programmer’s Manual and Reference Version 2.0B Copyright © 2017 FactSet Research Systems Inc. All rights reserved. FactSet Research Systems Inc. | www.factset.com Table of Contents NOTICE ................................................................................................................................................................. 4 FACTSET CONSULTING SERVICES .................................................................................................................................. 4 DOCUMENT ORGANIZATION AND AUDIENCE .................................................................................................................... 5 DOCUMENT CONVENTIONS ......................................................................................................................................... 5 TRADEMARKS .......................................................................................................................................................... 5 CHAPTER 1 INTRODUCTION ............................................................................................................................. 6 1.1 THE FACTSET DATA SERVICE ................................................................................................................................. 6 1.2 TERMINOLOGY ................................................................................................................................................... 6 1.3 FIDS ..............................................................................................................................................................
    [Show full text]