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Medical technology and industrial metrology business still on track for growth
The first six months of fiscal year 2017/18 (ended 31 March 2018) were successful for the ZEISS Group and saw its revenue rise by 9 percent to EUR 2.773 billion (1st six months of 2016/17: EUR 2.550 billion), and as much as 13 percent after adjustments for currency effects. At EUR 380 million, ...
Record earnings after successful realignment
The specialty chemicals company LANXESS looked back on a record year at this year's Annual Stockholders' Meeting. “Last year proved impressively that our strategy is paying off and that we are fully geared up for growth,” stated LANXESS CEO Matthias Zachert to stockholders at Cologne's LANXESS ...
Net income improved by 23 percent to EUR 96 million
Specialty chemicals company LANXESS has followed up its successful fiscal year 2017 by posting the best quarterly result in its history, and has raised its earnings guidance for 2018. In the opening quarter, global sales rose by almost 7 percent to EUR 2.565 billion, compared with EUR 2.401 ...
Outlook for 2018 confirmed
“We were pleased with the development in the first quarter of 2018, we have had a good start to the year,” said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, commenting on the year-on-year rise in first-quarter earnings during the BASF Annual Shareholders’ Meeting at ...
Merck held its 23rd Annual General Meeting. The company’s 350th anniversary was one of the overriding themes. Stefan Oschmann, CEO and Chairman of the Executive Board, reported to around 1,300 Merck shareholders on business developments and strategic moves in 2017 and presented an outlook for the ...
Group sales and EBITDA up significantly in the first quarter
With a successful start to 2018, materials manufacturer Covestro continues its strong growth. Thanks to ongoing robust demand and higher prices, sales rose by 5.4% to EUR 3.8 billion in the first quarter. The main sales drivers were the Polyurethanes and Polycarbonates segments. Core volumes ...
Stronger strategic investments for further sustainable growth
The Eppendorf Group can look back at 2017 as a very satisfactory business year. With Group sales of €690.3 million (prior year: €651.5 million), the company generated growth of 6.0% (organic growth in local currencies: +7.9%) while the world market grew by around 5%. As expected, income from ...
ZEISS and GUARDUS have announced that the software solutions supplier for computer-supported quality assurance and production management systems based in the German city of Ulm has become a wholly owned subsidiary of the ZEISS Group.For ZEISS, the integration of GUARDUS into its Industrial ...
Exchange rate effects dampen profit growth
Sartorius looks back on a successful first quarter 2018. "Both divisions started off the year strongly in line with our expectations and further increased their revenues in the first quarter of 2018 in all regions. On the currency side, however, we faced some headwinds, especially due to the ...
Praxair, Inc. announced it has signed a long-term agreement to supply industrial gases to Samsung Electro-Mechanics (SEM), one of the world’s largest MLCC (Multi-Layer Ceramic Capacitors) manufacturers. Praxair has been supplying nitrogen to SEM’s manufacturing facility in the Noksan Industrial ...