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Promised and delivered: adjusted EBITDA climbs to €2.6 billion
Evonik grew again strongly in 2018. Adjusted EBITDA increased 10 percent to €2.6 billion, compared with the previous year. All three chemical segments contributed to profit growth. The earnings forecast, that Evonik had raised after the first half of the year, was achieved despite external ...
BASF generated sales of €62.7 billion last year. This represents an increase of 2% compared with the previous year. Income from operations (EBIT) before special items declined to €6.4billion, compared with €7.6billion in the previous year. This was mainly attributable to the Chemicals segment, ...
2019 guidance influenced by further volume growth and lower margins
Covestro generated strong results in 2018 while challenges mounted throughout the year. Core volumes increased 1.6%, and Group sales rose by 3.4% to EUR 14.6 billion. After a weaker fourth quarter, Covestro could not achieve earnings at the previous year’s levels, which were marked by an ...
Plasmion has successfully completed an investment round with strong consortium. In addition to the VC partners Bayrische Beteiligungsgesellschaft (BayBG) and High-Tech Gründerfonds (HTGF), an experienced business angel from the BayStartUP network is also on board. With SICRIT®, Plasmion has ...
Forge Nano is investigating innovative coatings for battery materials
The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a ...
Kyocera Corporation announced that its Germany-based European headquarters, Kyocera Fineceramics GmbH has concluded an agreement with H.C. Starck GmbH to acquire 100% of the shares of its subsidiary H.C. Starck Ceramics GmbH, a European advanced ceramics manufacturing and sales company based in ...
Acquires of acoustic liquid handling company
Beckman Coulter Life Sciences announced its acquisition of Labcyte, a privately held, acoustic liquid handling company based in San Jose, California. Labcyte is best known for its Echo® acoustic droplet ejection technology, which uses sound waves to transfer tiny amounts of liquid with ...
Tailored to the needs of startups
At the High-Tech Partnering Conference, High-Tech Gründerfonds (HTGF) officially announced the launch of its HTGF Academy. The experience gained through 14 years of seed investment has shown that certain issues often arise for many startups. The offer of the HTGF Academy is exactly tailored to ...
Bioprocess Solutions and the Americas especially strong
Sartorius continued on the growth track in 2018 in both divisions and across all geographies, and thus achieved its forecast raised considerably at mid-year. According to preliminary figures, Group sales revenue rose in constant currencies by 13.2% to 1,566.0 million euros (reported: 11.5%). The ...
High-Tech Gründerfonds (HTGF), VC Fonds BW, Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH and Goldmann International GmbH have acquired stakes in 4GENE GmbH. The young company, based in Heilbronn with office and production facilities in Freising and Stuttgart, develops and ...