In 1963, the electronics division of the Leuze Group came into being. In 2023, the international sensor expert is celebrating its 60th anniversary. Today, over 1,600 Sensor People worldwide create the innovations of tomorrow: Sensor and safety solutions in automation technology.
· a reduced performance compared to 2022 but higher than the industry average and growing steadily from 2021
· The Group ended the first half of 2023 with 971.0 million euro in revenue (-9.9% compared to the first half of 2022), an Ebitda of 150.9 million euro (-9.2%) and an Ebitda Margin (15.5%) in line with 2022, outperforming the industry average.
Excelitas Moves to Further Expand and Broaden its Industrial Technology Portfolio with a Highly Complementary Set of Photonic Solutions across the Lighting Spectrum
Stora Enso has progressed with its restructuring actions, announced on 15 June 2023, aimed at strengthening the Group’s long-term competitiveness and creating a decentralised and more customer centric operating model. These actions would reduce the number of employees by approximately 1,150. The parts of the change negotiations completed so far, will result in a reduction of 710 employees.
Today marks the one-year anniversary of Alleima. On August 31, 2022, the company was listed on Nasdaq Stockholm and separated from the Sandvik Group. “We will always be proud of our heritage and journey. Today, we can conclude, that Alleima is a strong and independent company. It has truly been an exciting and eventful first year,” says Göran Björkman, President and CEO of Alleima.
• Saica Group has signed an agreement with Taschetti to acquire a minority share of these two corrugated board plants in Italy
• Both plants currently employ 247 employees and have a revenue of 105 million euros in 2022.
• Adda and Cartorobica are glad to welcome the new shareholder, sure to create a successful partnership
• Pacapime currently employs 109 employees and generated revenues of 61 million euros in 2022
• Pacapime brings a strong presence in the Benelux countries and France, complementing Saica’s market presence
Xerox Holdings Corporation (NASDAQ: XRX) announced it has sold Elem Additive Solutions to ADDiTEC, a leader in metal additive manufacturing solutions and applications.
Billerud is introducing a new organization whereby the company harmonizes and operates its business in two distinct geographical regions - Europe and North America. Billerud further appoints Andrei Krés as acting CFO, effective immediately.
Q1 FY24 Highlights (Standalone)
Revenue at INR 1671 crores; decrease of 1.5% YoY
EBITDA at INR 206 crores; increase of 0.2% YoY
PAT at INR 55 crores; decrease of 27% YoY
Total Sales volume at 63997 Tons; up 13.6% YoY
The globally operating diemaker Marbach has presented its new image film just in time for the company's 100th anniversary. The company, which was founded on the 16th of July 1923, takes the viewer on a short journey through time.
Marketing Manager Tina Dost: "In our new image film, we take the viewer through the last 100 years of Marbach history.
HANZA AB reports another record-strong quarter with stable growth and a significant margin increase. The company further writes about the recently won major order to Mitsubishi and a continued very good order intake in virtually all industries and geographies.
Off to a good start: sales and EBITDA for first quarter up on previous year
Incoming orders stable: recovery in Asia but muted demand in other parts of the world
Strong growth areas: machines for digital label printing and packaging printing
Adjusted free cash flow: slightly better compared with previous year but negative overall
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