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PRESS RELEASE: SKW Stahl-Metallurgie Holding AG: SKW Metallurgie with improved adjusted operative EBITDA
DGAP-News: SKW Stahl-Metallurgie Holding AG / Key word(s): Preliminary Results SKW Stahl-Metallurgie Holding AG: SKW Metallurgie with improved adjusted operative EBITDA
07.02.2014 / 17:21
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SKW Metallurgie with improved adjusted operative EBITDA
* Preliminary adjusted operative EBITDA increased by EUR 2.5 million to EUR 22.0 million * First successes of earnings increase program EPC visible * Optimism for 2014
Unterneukirchen (Germany), February 07, 2014. Global specialty chemicals group SKW Metallurgie attained - according to preliminary, unaudited figures - in business year 2013 an operative EBITDA in the amount of EUR 22.0 million. Thereby, the capital markets guidance (pledging to surpass the previous year's figure of EUR 19.5 million) was delivered. This increase (compared to the previous year) in the amount of EUR 2.5 million (+13%) is remarkable, in particular with respect to the decrease in steel production in the relevant geographical markets. The steel industry remains the most important client industry for the SKW Metallurgie Group and demands SKW Metallurgie Products mainly in dependence of their own production volume.
The increase in operative EBITDA is also due to first successes of the Group-wide earnings increase program 'Every Penny Counts' (EPC), which was implemented in the second half of 2013.
The accounting EBITDA (compiled according to international accounting standard IFRS) for business year 2013 - according to preliminary, unaudited figures - amounted to EUR 15.2 million (previous year: EUR 20.8 million). Main reasons for that are unrealized - and hence non-cash - foreign currency effects, which mainly derive from the valuation of Group-internal loans. In 2012, those currency effects amounted to EUR 1.0 million; in 2013, however, EUR -3.3 million. The remaining decrease also includes the net effects from two aperiodic legal cases, including the accrual of provisions (with effect in Q4/2013) based on judgments by the Court of Justice of the European Union, as already communicated on January 23, 2014.
Central financial performance indicator of the SKW Metallurgie Group remains 'operative EBITDA', which was introduced in Q3/2013 reporting. This indicator clearly shows the operative facts and significantly strengthens the meaningfulness of financial reporting. Unrealized currency effects as well as aperiodic one-offs from legal cases are of a non-operative nature and are therefore apt to disguise the view onto operative capabilities. Hence, the introduction of an operative indicator was a consequent step in order to be able to present to investors an undisguised view onto the SKW Metallurgie Group.
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Language is our primary weapon in the ceaseless conflict that is modern life. Today we examine two words that are perfectly terrible reflections of our time: wow and platisher.
wow
When did adults lose the ability to articulate their reactions? Twitter is a "root cause," as they say at think tanks. Wow is surely the most common single word on Twitter that's not an obscenity or misspelled name of a celebrity. It's hard to come up with good words to say or type, and fewer people understand the good words, and many who do understand the good words willfully mistake the intent so they can respond with a weary or disgusted "Wow" on Twitter. Many educated adults have just given up entirely. The response to anythinggood, bad, weird, meaningless or vileis a tired "Wow," usually followed by that most emotionless form of punctuation, the period. And because today's American children are comically stupid and embarrassingly servile, kids see no reason to do anything differently. Millions and millions of children are mouthing the word "Wow" at their phones, right now. Wow is the word of the era, for young and old alike, because the era is terrible.
platisher
What do you call an online publisher that also wants people to create content (for free) using the publisher's platform? As this situation applies to all websites with comments, you could probably call these publishers "website publishers." But that's not stupid enough for the Tech Press, so today we were introduced to the make-believe word platisher, which is apparently a special kind of company that has its employees and contractors and freelancers post things to the Internet, and also lets random strangers post comments or whatever. Don't just be a publisher! Be something that sounds much, much worse ... be a platisher!
We are terrorized by language every day! Word Terrorism keeps you up to date and explains what these insidious terms really mean. Have you been the victim of Word Terrorism? Please file your report in the comments below.
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Word Terrorism: Wow, It's a Platisher
Word Press In 500 Internal Server Error
https://www.youtube.com/watch?v=8TFM7Mi1PzA Discover how you can solve 500 Internal Server error for your Word Press blog. By following the video, you get th...
By: HARISH PRAJAPATI
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Word Press In 500 Internal Server Error - Video
DGAP-News: Villeroy & Boch AG / Key word(s): Final Results Villeroy & Boch in the 2013 financial year
07.02.2014 / 11:30
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Press Release Mettlach, 7 February 2014
* Group result up 63 % year-on-year at Euro 24 million (previous year: Euro 15 million)
* Operating EBIT up 17 % to Euro 36 million, EBIT including real estate income amounts to Euro 43 million (+40 %)
* Consolidated revenue unchanged year-on-year at Euro 745 million
Consolidated revenue unchanged year-on-year - highest growth recorded in Germany
The Villeroy & Boch Group generated revenue of Euro 745 million in the 2013 financial year, in line with the figures it recorded in the previous year (+0.2 %). Revenue adjusted for currency effects increased by Euro 8 million or 1.3 %. The Group recorded its highest revenue growth in its domestic market of Germany, where revenue rose by Euro 10 million year-on-year to Euro 213 million. Elsewhere in Europe, the Group achieved notable revenue growth in Spain (+8 %) and Scandinavia (+3 %). The weakness of the construction industry led to lower revenue in the Netherlands (-7 %), France (-6 %) and Italy (-4 %) in particular. Outside Europe, business in the Asia/Pacific/Africa region developed positively (+5 %). The encouraging revenue performance in China (+4 %) was responsible for this to a large extent. In the Americas region, technical effects in connection with the change to the distribution model in the Bathroom and Wellness Division in particular meant that revenue declined by 13 %.
Operating result up 17 % on the previous year, group result increases by 63 % to Euro 24 million
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PRESS RELEASE: Villeroy & Boch in the 2013 financial year