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2019 first half-year results - Bobst Group reports slower start compared to first half of 2018

Sales down 3% compared to H1 2018.
Operating result (EBIT) decreased to CHF 14.8 million from CHF 35.2 million in 2018.
Net result was CHF 7.4 million compared with CHF 24.9 million in 2018.
Order entries decreased by 15% and backlog by 9% compared to previous year.
Guidance for 2019 operating result (EBIT) margin reduced to lower than 5% from 6-7%.

Stora Enso evaluates expansion in Wood Products

Stora Enso has initiated feasibility studies for a possible cross laminated timber (CLT) unit in connection with its Ždírec mill in the Czech Republic and a new construction beam unit to be located at the Ybbs mill in Austria. Stora Enso also plans to consolidate production to increase focus on efficiency and to streamline the asset base.

Preliminary key figures for first half of 2019 and adjustment of expectations for full year 2019

Bobst Group SA expects to achieve sales of CHF 737 million in the first half-year of 2019 compared to CHF 763 million in the same period in 2018. The Group expects to reach an operating result (EBIT) of around CHF 15 million (CHF 35 million in 2018) and a net result of around CHF 7 million (CHF 25 million in 2018) for the first six months of the year 2019.

Cyclical reluctance to invest weighs on start of 2019/20 financial year – sales forecast confirmed, margin target adjusted

The business performance of Heidelberger Druckmaschinen AG (Heidelberg) in the first quarter (April 1, 2019 to June 30, 2019) of financial year 2019/20 was impacted in particular at the end of the reporting period by the increasing reluctance to invest and the corresponding shift in sales due to the economic downturn.

Klingele Group opens new logistics centre in Werne

The Klingele Group, one of the leading independent manufacturers of corrugated base paper and corrugated cardboard packaging, opens a new logistics centre at its Werne site. It covers an area of 15,500 m2 and has now created space for over 20,000 pallets in combination with the existing warehouse capacities.

Juganu raises $23 million led by Viola Growth

Juganu's innovative "Digital World" solution provides key infrastructures for smart and safe cities as well as solutions for advanced commercial spaces & public institutions.

Live brighter: Breakthrough technology in LED lighting for better vision, smarter wireless communications and infrastructure for AI.

As an industry first, solution is enabling full broadband communications networking on a wireless grid.

Ricoh strengthens digital workplace capabilities with DocuWare acquisition

Today, Ricoh has announced a definitive agreement to acquire DocuWare, a leading provider of Content Services software.
Headquartered in Germany and the United States, DocuWare provides cloud and on-premise document management and workflow automation software to over 12,000 customers in more than 90 countries across the globe through a network of 600 partners.

Arkema completes the acquisition of ArrMaz

On July 1st 2019, Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets. The acquisition of this profitable, resilient and low capital intensive business, which has an accretive impact from the first year, is another milestone in Arkema’s growth journey towards specialties that contributes to further reinforcing the Group’s profile.


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