Respect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff.

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Respect for customers, partners and staff. Service: another name for the respect that a company owes its customers, partners and staff."

Transcription

1 Respect for customers, partners and staff Service: another name for the respect that a company owes its customers, partners and staff.

2

3 Vehicle glass KEY FIGURES (in EUR million) % change Total jobs (in millions) % Revenue 1, , % Operating result % Net extraordinary result Current result after taxes 2, share of Dicobel % Current result after taxes 2,3, share of D Ieteren % 1. Excluding Brazil. 2. Before amortisation of consolidation differences. 3. After allocation to the vehicle glass segment of a net financial charge after taxes of EUR 9.8 million (EUR 8.3 million in 2003) associated with the investment of D Ieteren in this segment. GEOGRAPHICAL REVENUE BREAKDOWN 1 1. At actual exchange rates. % revenue change Europe +5% France, Germany, United Kingdom, Ireland, Netherlands, Belgium, Spain, Italy, Portugal, Switzerland, Luxembourg, Denmark, Sweden, Norway Rest of the world +7% Canada, New Zealand, Australia, Brazil > Revenue growth despite a weak market; continued market share gains > Highly positive effect from recent geographical expansion > Improvement in operating result through revenue growth and operational efficiency gains > Extraordinary charge linked to cash settlement of management share option scheme as a result of the company not floating in 2005 > Significant savings in interest from refinancing > Acquisition of the second largest specialist in the vehicle glass sector in Italy > Belron s.a. Market share and operational efficiency gains 42 M E S SAG E F RO M T H E C H A I R M A N B I C E N T E N A RY K E Y F I G U R E S ST RU C T U R E K E Y E V E N T S AC T I V IT I E S OV E RV I E W C O R P O R AT E G OV E R N A N C E

4 INCREASE OF D IETEREN S INTEREST IN BELRON In July 2004, D Ieteren s.a. purchased 12% of Belron s.a. from various minority shareholders. This transaction valued the equity of Belron at EUR 625 million. In January 2005, D Ieteren s.a. purchased from Cobepa 5.53% of the capital of their subsidiary Dicobel, shareholder at 81.73% of Belron, valuing the equity of Belron at around EUR 690 million. Subsequently, D Ieteren and Cobepa own respectively 75.53% and 24.47% of Dicobel. D Ieteren owns, directly and indirectly (via Dicobel), 73.73% of Belron (vs % at 31 December 2003). These agreements confirm, for the next several years, the shareholders confidence in the successful leadership team and strategy for Belron. Liquidity mechanisms for minority shareholders have been provided for. ACTIVITIES AND RESULTS Belron delivered another strong performance in 2004, despite weaker than anticipated market conditions, as a result primarily of mild weather conditions in Europe. Revenue increased by 5.6% to EUR 1,120 million. Total repair and replacement jobs grew by 2% in 2004 to 4.8 million 1. Like-for-like revenue grew by 2% at constant exchange rates, recent geographic expansion added 3%, and currency translation had a 1% positive impact. Revenue growth in Europe after both currency translation and acquisitions was 5% up on France and Germany both reported increased revenues on 2003 and particularly strong performances came from Spain, the Scandinavian businesses and from Italy. The acquisition of the second largest specialist in the vehicle glass sector in Italy in March 2004 contributed 1% point to the revenue growth of the group. Lower glass breakage rates impacted revenues in the more established markets, notably the UK, the Netherlands and Belgium. Outside Europe, after both currency translation and consolidation of Brazil, revenue for 2004 was up 7%. Double-digit like-for-like growth in the Brazilian business reflected the continued growth of the vehicle glass repair and replacement market in this growing economy. Revenues in Australia grew as a result of new pricing and service initiatives. In the Canadian market, conditions remained challenging resulting in a decline in sales. Operating result for 2004 was EUR 95.6 million, up 15% on The majority of this profit improvement was due to revenue growth in the key growth markets of France, Germany and Italy. The recent expansion contributed EUR 5 million to the increase in operating profit, most notably Brazil, a business which is proving highly successful. Operational improvement plans initiated during the year by the businesses following weaker than expected sales delivered margin gains and savings in overhead costs. In Australia, the extensive review completed in 2003 has delivered results and the business there has enjoyed significant gains in margin. In Canada, a major cost reduction programme mitigated the impact the sales decline has had on profit. An extraordinary charge of EUR 19.2 million (EUR 15.3 million after taxes) has been provided for the cash settlement of the management share option scheme as Belron is no longer planning to float by 2005, following the acquisition of 12% of its share capital from various minority shareholders by D Ieteren s.a. in July This cash settlement is in lieu of diluting the existing shareholders of Belron through the issuance of new shares. Net financial costs before amortisation of consolidation differences decreased from EUR 30.2 million to EUR 24.0 million. This reflects lower net debt level, and interest savings following the global restructuring of Belron debt in September Current result after taxes, before amortisation of consolidation differences, share of Dicobel, rose from EUR 31.2 million to EUR 41.9 million, an increase of 34%. ACHIEVEMENTS AND STRATEGIC DEVELOPMENTS Belron continued to focus on a balance of revenue growth and profitability. Market conditions drove lower volume in some countries but Belron was able to grow market share. This was a result of its continued commitment to excellent customer service. Nearly half of all jobs (48%) were done away from Belron service centres, by mobile repair units. In countries such as Brazil and Norway, where the service centre is preferred, Belron increased the number of service centres to maximise coverage. Providing excellent service extends to the relationships Belron has with its key partners. The repair first strategy is an integral part of its relationship with insurers and fleet management companies as it represents for them a substantial saving, and during the year, 29% of all windscreen jobs were repairs, up 7% on During the year, Belron acquired two additional businesses. In March, Belron acquired the second largest specialist in the vehicle glass sector in Italy, which added 30 service centres to the Italian network. In November the group also acquired the assets of a small operator in Norway with two service centres. This represented an expansion to the existing Norwegian operations. 1. Excluding Brazil. C O R P O R AT E C I T I Z E N S H I P S H A R E I N F O R M AT I O N A U T O M O B I L E D I S T R I B U T I O N C A R R E N TA L V E H I C L E G L A S S A N N U A L A C C O U N T S 43

5 Further benefits were delivered in 2004 from the centralised supply chain. In France it was a year of consolidation and expansion of infrastructure with a move to bigger premises to cope with the increasing demands of the French business. In May 2004, the UK supply businesses were successfully merged into a single supply and distribution business, operating under the LADDAW brand. All distribution businesses continued to increase the service levels they provided to the fitting businesses, therefore reducing costly adverse buys. The group continued to make further savings within the supply chain through closer collaboration with suppliers. and with 100 employees. The first CARGLASS Belron branch will open in Budapest in April. As of 2005, a new long term incentive programme for the management will be introduced and will succeed the share option scheme launched in Its cost will be accounted for as a current charge. The programme to establish a common systems platform for Belron was re-launched in May, with a new IT implementation partner. The project has since made considerable progress. In May the decision was made to centralise responsibility for the formulation and implementation of the Belron sales and marketing strategy to ensure that best practice is leveraged across the group and that efficiencies are driven in this area of the business. FY 2005 OUTLOOK In 2005 there will be no change to the Belron strategy to drive profitable growth. Growth will come organically from existing markets, most notably France, Germany, Italy, and Spain. All businesses will continue to focus on customer service. Extending opening hours, including 24 hour opening of the French call centre will provide customers with ever better service. The service centre network will be strengthened in countries such as Germany and Italy and the mobile service will be leveraged in countries like Canada. Belron will continue to look for opportunities to expand geographically during In February, Belron signed an agreement with Pneutrade Service Kft which serves the Hungarian tyre replacement market along with other automotive services, using a network of 12 service centres in the main cities of the country 44 M E S SAG E F RO M T H E C H A I R M A N B I C E N T E N A RY K E Y F I G U R E S ST RU C T U R E K E Y E V E N T S AC T I V IT I E S OV E RV I E W C O R P O R AT E G OV E R N A N C E

6 > Trading in 27 countries - 18 corporate and 9 franchises C O R P O R AT E C I T I Z E N S H I P S H A R E I N F O R M AT I O N A U T O M O B I L E D I S T R I B U T I O N C A R R E N TA L V E H I C L E G L A S S A N N U A L A C C O U N T S 45

Increase of the sales by 33% mainly due to the Safelite acquisition

Increase of the sales by 33% mainly due to the Safelite acquisition 36 - Vehicle Glass Repair and Replacement Increase of the sales by 33% mainly due to the Safelite acquisition 37 Key events in Vehicle Glass Repair and Replacement January 2007 The launch in the UK of

More information

DARING TO ADAPT 2015 Half-Year Results 31 August 2015

DARING TO ADAPT 2015 Half-Year Results 31 August 2015 DARING TO ADAPT 2015 Half-Year Results 31 August 2015 SUMMARY Very good H1 2015 results: Sales: EUR 3.2 billion, +8.6% Current consolidated result before tax, group s share: EUR 140.0 million, +61.5% D

More information

D IETEREN GROUP 2. A family-controlled, publicly listed company

D IETEREN GROUP 2. A family-controlled, publicly listed company D IETEREN GROUP 2 A family-controlled, publicly listed company D IETEREN GROUP 3 An international group serving some 12 million motorists in 35 countries Vehicle Glass Repair and Replacement Automobile

More information

FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)

FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3) FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS New Mazda Axela (Overseas name: New Mazda3) Mazda Motor Corporation October 31, 2013 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2014 First Half

More information

FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model

FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS. Mazda Roadster 25 th Anniversary Model FISCAL YEAR MARCH 2015 FIRST QUARTER FINANCIAL RESULTS Mazda Roadster 25 th Anniversary Model Mazda Motor Corporation July 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Quarter

More information

2002/03 Interim Announcement 11 November

2002/03 Interim Announcement 11 November 2002/03 Interim Announcement 11 November 2002 www.renold.com Financial Summary First Half First Half 2002/03 2001/02 m m Turnover 91.3 97.6 Trading profit before exceptional items 4.7 3.8 Profit before

More information

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS

FISCAL YEAR MARCH 2014 FINANCIAL RESULTS FISCAL YEAR MARCH 214 FINANCIAL RESULTS Mazda CX-5 Mazda Atenza Mazda Motor Corporation April 25, 214 New Mazda Axela 1 PRESENTATION OUTLINE Highlights Fiscal Year March 214 Results Fiscal Year March 215

More information

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS FISCAL YEAR ENDED MARCH 211 FINANCIAL RESULTS Mazda Motor Corporation April 28, 211 Mazda MINAGI 1 PRESENTATION OUTLINE Highlights Fiscal Year Ended March 211 Results In Summary Question & Answer Session

More information

BELRON. Gary Lubner CEO of Belron

BELRON. Gary Lubner CEO of Belron BELRON Gary Lubner CEO of Belron BELRON AT A GLANCE #1 VGRR company in the world 7 market leading brands 79% brand awareness in top-10 countries New service lines: ADRR & HDRR 15.4m consumers served in

More information

Q3 & 9M 2018 Results Presentation. October 24 th, 2018

Q3 & 9M 2018 Results Presentation. October 24 th, 2018 Q3 & 9M 2018 Results Presentation October 24 th, 2018 Q3 & 9M HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 3Q and 9M 2018 Results Presentation 2 9 Months 2018 Key Messages Continued challenging trading

More information

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Quarter Results Fiscal Year March 2018 Full Year Forecast Structural Reform Stage 2 Progress

More information

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio

FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS. New Mazda Demio FISCAL YEAR MARCH 2015 FIRST HALF FINANCIAL RESULTS New Mazda Demio Mazda Motor Corporation October 31, 2014 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015 First Half Results Fiscal Year March

More information

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS FISCAL YEAR MARCH 2018 FIRST HALF FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 First Half Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives/ Business

More information

Interim results June 30, 2003

Interim results June 30, 2003 1 Interim results June 30, 2003 2 In units W orldwide sales at June 30 (cars and light commercial vehicles) > Worldwide sales at June 30, 2003: 1,689,200 cars and light commercial vehicles, versus 1,656,900

More information

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS

FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS FISCAL YEAR MARCH 2018 THIRD QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2018 Nine Month Results Fiscal Year March 2018 Full Year Forecast Progress of Key Initiatives 1

More information

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model)

FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS. Updated Mazda CX-5 (Japanese specification model) FISCAL YEAR MARCH 2015 THIRD QUARTER FINANCIAL RESULTS Updated Mazda CX-5 (Japanese specification model) Mazda Motor Corporation February 4, 2015 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2015

More information

Adaptability and anticipation. For 200 years now D Ieteren has stayed ahead of trends in mobility and adapted to the automobile developments.

Adaptability and anticipation. For 200 years now D Ieteren has stayed ahead of trends in mobility and adapted to the automobile developments. Adaptability and anticipation For 200 years now D Ieteren has stayed ahead of trends in mobility and adapted to the automobile developments. Automobile distribution KEY FIGURES (in EUR million) 2004 2003

More information

1 st Half 2018 Results. August 1 st, 2018

1 st Half 2018 Results. August 1 st, 2018 1 st Half 2018 Results August 1 st, 2018 H1 HIGHLIGHTS & CATEGORY SPOTLIGHTS Gonzalve BICH 2 First Half 2018 Key Messages Challenging market and business environment Continued investment in targeted Brand

More information

Record CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y.

Record CY 2016 EPS-diluted-adjusted of $6.12, an increase of $1.10 Y-O-Y. Q EPS-diluted-adjusted of $1.28, a decrease of $0.11 Y-O-Y. 1 2 3 Q4 2016 global deliveries up 0.1 million units year-over-year (Y-O-Y), a 3.3% increase. Volume gains primarily in North America and China, offset by reductions in International Operations (excluding

More information

FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS

FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS FISCAL YEAR ENDING MARCH 2012 FIRST HALF FINANCIAL RESULTS Mazda Motor Corporation November 2, 2011 New Mazda CX-5 (European specifications) 1 PRESENTATION OUTLINE Highlights Fiscal Year Ending March 2012

More information

AMAG reports revenue and earnings growth in Q3 2015

AMAG reports revenue and earnings growth in Q3 2015 Ranshofen, November 3, 2015 AMAG reports revenue and earnings growth in Q3 2015 Shipment volumes up 8 % to 97,600 tonnes Revenue grows 16 % to EUR 233 million EBITDA improves 6 % to EUR 33.9 million Ramp-up

More information

FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS. New Mazda6 (Atenza)

FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS. New Mazda6 (Atenza) FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS New Mazda6 (Atenza) Mazda Motor Corporation October 31, 2012 1 PRESENTATION OUTLINE Highlights Fiscal Year March 2013 First Half Results Fiscal Year

More information

FISCAL YEAR END MARCH 2013 FIRST QUARTER FINANCIAL RESULTS

FISCAL YEAR END MARCH 2013 FIRST QUARTER FINANCIAL RESULTS FISCAL YEAR END MARCH 213 FIRST QUARTER FINANCIAL RESULTS New MAZDA CX-5 Mazda Motor Corporation July 31, 212 1 PRESENTATION OUTLINE Highlights Fiscal Year End March 213 Results Update of Structural Reform

More information

First in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO

First in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO First in Mind First in Choice Capital Markets Day 26 Gunnar Brock, President and CEO 1 December 4, 26 www.atlascopco.com Atlas Copco in a Snapshot Continuing operations A world leading provider of industrial

More information

Paris Tuesday, April 1, Europcar Groupe 2007 Annual Results

Paris Tuesday, April 1, Europcar Groupe 2007 Annual Results Paris Tuesday, April 1, 2008 Europcar Groupe 2007 Annual Results Speakers Salvatore Catania Chief Executive Officer, Europcar Groupe Charles Desmartis Chief Financial Officer, Europcar Groupe 1 Europcar

More information

DARING TO ADAPT MESSAGE FROM THE MANAGEMENT

DARING TO ADAPT MESSAGE FROM THE MANAGEMENT MESSAGE FROM THE MANAGEMENT DARING TO ADAPT In 2014, our key performance indicator, the current consolidated result before tax, group s share, was 11.5% down at EUR 157.2 million, in line with our forecast

More information

Strong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer

Strong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer PRESS RELEASE 2018 results (1) March 14, 2019 Strong performance by the Bolloré Group s operating activities in 2018 Mr Cyrille Bolloré unanimously appointed Chairman and Chief Executive Officer Revenue:

More information

Statistical Annex. The international banking market. Introduction to the BIS locational and consolidated international banking statistics...

Statistical Annex. The international banking market. Introduction to the BIS locational and consolidated international banking statistics... Statistical Annex The international banking market Introduction to the BIS locational and consolidated international banking statistics... page A4 1 BIS reporting banks: Summary of international positions...

More information

Solar Group Update on our strategy and value drivers Group revenue and group EBITA in Q2 met expectations. Michael H. Jeppesen, Group CFO

Solar Group Update on our strategy and value drivers Group revenue and group EBITA in Q2 met expectations. Michael H. Jeppesen, Group CFO Solar Group Update on our strategy and value drivers Group revenue and group EBITA in Q2 met expectations Michael H. Jeppesen, Group CFO ABG Sundal Collier Q2 seminar, Copenhagen, 27 September 2012 Agenda

More information

EDF Group 2006 sales : 58.9 billion, up 15.4 %

EDF Group 2006 sales : 58.9 billion, up 15.4 % Paris, February 14, 2007 EDF Group 2006 sales : 58.9 billion, up 15.4 % EDF Group s consolidated sales amounted to 58.9 billion in 2006, up 15.4 % on 2005. Organic growth 1 stood at 11 % (mainly broken

More information

ABB delivers strong order growth and cash in Q2

ABB delivers strong order growth and cash in Q2 ABB delivers strong order growth and cash in Orders up 13% 1 ; book-to-bill ratio of 1.04x 2 Group operational EBITDA 3 impacted by loss in Power Systems (PS) Decisive step change actions implemented in

More information

Kongsberg Automotive ASA. Fourth quarter February 28, 2019

Kongsberg Automotive ASA. Fourth quarter February 28, 2019 Kongsberg Automotive ASA Fourth quarter - February 28, 2019 Highlights Q4 Sales Revenues grew by 21 (7.3%) YoY to 288 including negative FX effects of 1. We booked new business with 77 in expected annual

More information

Valvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call. November 9, 2016

Valvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call. November 9, 2016 Valvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call November 9, 2016 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the

More information

Monetary and Economic Department. Detailed tables on provisional locational and consolidated banking statistics at end-september 2009

Monetary and Economic Department. Detailed tables on provisional locational and consolidated banking statistics at end-september 2009 Monetary and Economic Department Detailed tables on provisional locational and consolidated banking statistics at end-september 2009 January 2010 Queries concerning this release should be addressed to

More information

Good demand in Hiab continued

Good demand in Hiab continued 24 April 218 Good demand in Hiab continued Cargotec s January March 218 interim report Mika Vehviläinen, CEO Mikko Puolakka, CFO Cargotec s January-March 218 interim report 24/4/218 1 Contents 1. Group

More information

Alfen acquires Elkamo in Finland A platform for expansion in the Nordics

Alfen acquires Elkamo in Finland A platform for expansion in the Nordics Alfen acquires Elkamo in Finland A platform for expansion in the Nordics 2 July 2018 Disclaimer This communication may include forward-looking statements. All statements other than statements of historical

More information

GUD Holdings Limited Wilsons Rapid Insights Conference 31st May 2018

GUD Holdings Limited Wilsons Rapid Insights Conference 31st May 2018 GUD Holdings Limited Wilsons Rapid Insights Conference 31st May 2018 Jonathan Ling Managing Director The GUD group Automotive GUD HOLDINGS Davey Automotive oil, air and fuel filters Heavy duty filters

More information

Q Financial Results

Q Financial Results Q3 2018 Financial Results 1 Forward-looking statement The statements on the future in this presentation, including expected sales and earnings, are associated with risks and uncertainties and may be affected

More information

I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group First

I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group First CONFERENCE CALL 2009 1 st HALF RESULTS Good afternoon and welcome to everybody. I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group

More information

Corporate Communications. Media Information 15 March 2011

Corporate Communications. Media Information 15 March 2011 15 March 2011 BMW Group aims to further increase earnings in 2011 EBIT margin of over 8% expected in Automobiles segment Sales volume of well in excess of 1.5 million vehicles targeted Margin of 8% to

More information

Conference Call H Düsseldorf August 4, 2016

Conference Call H Düsseldorf August 4, 2016 R H E I N M E TA L L A G T H E T EC H N O LO GY G RO U P FO R S EC U R I T Y A N D M O B I L I T Y Conference Call Düsseldorf August 4, 2016 RHEINMETALL AG 2016 Rheinmetall Group Highlights Increased sales,

More information

Earnings conference call

Earnings conference call Earnings conference call Full year 2017 Åke Bengtsson, President & CEO Andreas Ekberg, Acting CFO February 14, 2018 1 Agenda Business Summary Market Update Sales Financials Way forward 2 Business Summary

More information

NEW COMMERCIAL VEHICLE REGISTRATIONS EUROPEAN UNION 1 February 2018

NEW COMMERCIAL VEHICLE REGISTRATIONS EUROPEAN UNION 1 February 2018 PRESS EMBARGO: NEW COMMERCIAL VEHICLE REGISTRATIONS EUROPEAN UNION 1 February 2018 Next press release: Tuesday 24 April 2018 1 Malta not available Page 1 of 7 Commercial vehicle registrations: +6.5% first

More information

AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share unchanged on last year

AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share unchanged on last year Ranshofen, 28 February 2014 AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share unchanged on last year Shipments at an all-time high of 351,700 tonnes (t) in 2013, compared

More information

Full-year Report 2009

Full-year Report 2009 Full-year Report 2009 Joakim Olsson CEO and President February 12, 2009 Innovative Vehicle Technology 2010-02-12 Summary 2009 Sales of SEK 5,622m (8,403) Adjusted for currency effects sales decreased by

More information

BRINGING BUILDINGS TO LIFE

BRINGING BUILDINGS TO LIFE 2017 Q3 Mattias Johansson, CEO Nils-Johan Andersson, CFO 10 November 2017 BRINGING BUILDINGS TO LIFE Today s presenters Mattias Johansson, CEO and Group President Nils-Johan Andersson, CFO CEO since 1

More information

Automotive components

Automotive components Operational review / Diversified industrial Automotive components 1 118 228 accessories sold per annum Revenue increased by 26% 2 347 tonnes of offcut material recycled back into products 2 555 employees

More information

Review of Operations in FY2012

Review of Operations in FY2012 Sales Segment Profit and Ratio Sales by Region for the Fiscal Year ended March 31, 2013 (To Outside Customers) 41 With respect to construction equipment, while demand increased in North America and Japan

More information

Mazda Motor Corporation FISCAL YEAR MARCH 2016 FIRST HALF FINANCIAL RESULTS (Speech Outline)

Mazda Motor Corporation FISCAL YEAR MARCH 2016 FIRST HALF FINANCIAL RESULTS (Speech Outline) (For your information) November 5, 2015 Mazda Motor Corporation FISCAL YEAR MARCH 2016 FIRST HALF FINANCIAL RESULTS (Speech Outline) Representative Director Executive Vice President Akira Marumoto 1. HIGHLIGHTS

More information

H1 Financial Figures. 14 June 2016

H1 Financial Figures. 14 June 2016 H1 Financial Figures 14 June 2016 H1 2015/16: Summary H1 2015/16 H1 2015/16 GERRY WEBER Core (GERRY WEBER, TAIFUN, SAMOON) Decrease in sales revenues to EUR 352.0 million (-11.8%) HALLHUBER Sales increase

More information

Orders received grew in all business areas

Orders received grew in all business areas 26 October 2018 Orders received grew in all business areas Cargotec s January September 2018 interim report Mika Vehviläinen, CEO Mikko Puolakka, CFO Cargotec s January September 2018 interim report 26/10/2018

More information

Earnings conference call Q3 2016

Earnings conference call Q3 2016 Earnings conference call Q3 2016 Bo Annvik, CEO / Åke Bengtsson, CFO October 25, 2016 1 Agenda Business Highlights Market Update Sales Financials Outlook Public offer 2 Business Highlights Q3 2016 Solid

More information

1999 initials/subject/ 1

1999 initials/subject/ 1 initials/subject/1 1999 initials/subject/2 Financial Highlights 1999 TOMRA Group Figures in MNOK 1999 1998 Growth Group Revenues 2 502 1 728 45% Reporting Adjustments (332) (272) Adjusted Revenues 2 169

More information

AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share

AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share Ranshofen, 28 February 2014 AMAG posts record shipments in 2013; dividend recommendation of 0.60 EUR per share Shipments at an all-time high of 351,700 tonnes (t) in 2013, compared with 344,200 t a year

More information

Q3 Results November 16, 2006 Analyst Presentation

Q3 Results November 16, 2006 Analyst Presentation Q3 Results 2006 November 16, 2006 Analyst Presentation Group Sales (in million Euro) Total Sales 2,395 +3.3% (+2.4%)* 2,474 Split per Business Group (YTD) Specialty Products 7% Q3 797 +1.0% (+2.5%)* 805

More information

Annual Press Conference 2011 Results

Annual Press Conference 2011 Results Annual Press Conference 2011 Results Dr. Dieter Zetsche Chairman of the Board of Management Head of Mercedes-Benz Cars February 09, 2012 2 Last year s outlook Daimler results in 2011 Set all-time sales

More information

AUTOMOBILE DISTRIBUTION

AUTOMOBILE DISTRIBUTION AUTOMOBILE DISTRIBUTION 18 D IETEREN - ANNUAL REPORT 2006 D IETEREN AUTO 9 WELL-KNOWN MAKES, 113,000 NEW VEHICLES DELIVERED, NEARLY 1,000,000 CUSTOMERS WHO WE ARE D Ieteren Auto distributes in Belgium

More information

TOFAŞ RESULTS WEBCAST PRESENTATION

TOFAŞ RESULTS WEBCAST PRESENTATION TOFAŞ 31.12.2016 RESULTS WEBCAST PRESENTATION 02.02.2017 1 WEBCAST AGENDA Highlights Turkish Automotive Industry Production Domestic Market Developments Tofaş Domestic Market Performance Export Markets

More information

Strong growth in orders received

Strong growth in orders received 19 July 2018 Strong growth in orders received Cargotec s January June 2018 half year financial report Mika Vehviläinen, CEO Mikko Puolakka, CFO Cargotec s January June 2018 half year financial report 19/07/2018

More information

Zur Rose Group Q Trading Update

Zur Rose Group Q Trading Update Zur Rose Group Q3 2017 Trading Update Walter Oberhänsli Marcel Ziwica 17 October 2017 Agenda Highlights Business Update Financial Update Outlook Zur Rose Group Conference call 23 August 2017 3 Highlights

More information

BMW Group Corporate Communications

BMW Group Corporate Communications 14 March 2007 BMW Group to continue its successful course in 2007 Best year in company s history expected in operating terms Sales volume expected to rise to new record level Munich. The BMW Group plans

More information

Agenda. Review. Strategy. Outlook

Agenda. Review. Strategy. Outlook 1 Agenda Review 2006 Strategy Outlook 2007 2 Highlights 2006 Focus on Transport-Related Engineering Strong operational performance in all business areas Strong market environment Initiative taken for truck

More information

Monetary and Economic Department. Detailed tables on preliminary locational and consolidated banking statistics at end-june 2012

Monetary and Economic Department. Detailed tables on preliminary locational and consolidated banking statistics at end-june 2012 Monetary and Economic Department Detailed tables on preliminary locational and consolidated banking statistics at end-june 2012 October 2012 Queries concerning this release should be addressed to statistics@bis.org.

More information

MARKET SHARE OF THE DISTRIBUTED MAKES (new car registrations -

MARKET SHARE OF THE DISTRIBUTED MAKES (new car registrations - good trading performance in the second half due to the introduction of new models and the penetration of new segments revenue quasi flat, the low performance in the first half being nearly offset by revenue

More information

Bernstein Strategic Decisions Conference 2018

Bernstein Strategic Decisions Conference 2018 Bernstein Strategic Decisions Conference 2018 Forward-Looking Statements Certain statements in this presentation, other than statements of historical fact, including estimates, projections, statements

More information

9M Financial Figures 14 September 2016

9M Financial Figures 14 September 2016 9M Financial Figures 14 September 2016 9M 2015/16: Summary 9M 2015/16 9M 2015/16 GERRY WEBER Core (GERRY WEBER, TAIFUN, SAMOON) Decrease in revenues to EUR 504.8 million (-9.8%) Increase in gross margin

More information

Fiscal 2011: MAN generates record revenue

Fiscal 2011: MAN generates record revenue Fiscal 2011: MAN generates record revenue Munich, February 14, 2012 Revenue 16.5 billion (previous year: 14.7 billion) Order intake 17.1 billion ( 15.1 billion) Operating profit 1.483 billion ( 1.035 billion)

More information

BMW Group posts record earnings for 2010

BMW Group posts record earnings for 2010 10.03.2011 BMW Group posts record earnings for 2010 Profit before tax rises to euro 4,836 million Profit before financial result climbs to euro 5,094 million Automobiles segment reports EBIT of euro 4,355

More information

Annual Press Conference

Annual Press Conference Annual Press Conference Stuttgart, 16 December 2016 Prof. Dr. Michael Kaschke President & Chief Executive Officer Thomas Spitzenpfeil Chief Financial Officer ZEISS Group, 2015/16 Annual Press Conference

More information

National Treasury Presentation to the Standing Committee on Finance: South African Airways SOC Ltd ( SAA )

National Treasury Presentation to the Standing Committee on Finance: South African Airways SOC Ltd ( SAA ) National Treasury Presentation to the Standing Committee on Finance: South African Airways SOC Ltd ( SAA ) Presenter: National Treasury 18 November 2015 90 day Action Plan In November 2014, the Ministers

More information

Earnings conference call Q4 & FY 2016

Earnings conference call Q4 & FY 2016 Earnings conference call Q4 & FY 2016 Bo Annvik, CEO / Åke Bengtsson, CFO February 10, 2016 1 Agenda Business Highlights Market Update Sales Financials Way forward 2 Business Summary FY 2016 A year with

More information

THIS IS VBG GROUP. Vänersborg,

THIS IS VBG GROUP. Vänersborg, THIS IS VBG GROUP Vänersborg, 2016-03-01 THIS IS VBG GROUP Publicy traded international industrial group. Three divisions. Total turnover of SEK 1.3 billion in 2015. Founded 1951 by Herman Krefting. Head

More information

Proposed acquisition of Areva Distribution. December 2, 2009

Proposed acquisition of Areva Distribution. December 2, 2009 Proposed acquisition of Areva Distribution December 2, 2009 Disclaimer All forward-looking statements are Schneider Electric management s present expectations of future events and are subject to a number

More information

On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for FY 2011 Hanover, 19 January 2012

On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for FY 2011 Hanover, 19 January 2012 On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for FY 2011 Agenda Delticom at a Glance Business Model Profit & Loss Balance Sheet Outlook 2 Agenda

More information

Saft Groupe SA reports Quarterly Financial Information for the third quarter of 2007

Saft Groupe SA reports Quarterly Financial Information for the third quarter of 2007 N 61-07 Saft Groupe SA reports Quarterly Financial Information for the third quarter of 2007 Paris, 9 th November 2007 - Saft, leader in the design, development and manufacture of high-end batteries for

More information

Press release on the business development of the MAHLE Group in 2013

Press release on the business development of the MAHLE Group in 2013 Press release on the business development of the MAHLE Group in 2013 Stuttgart, April 17, 2014 2013 business year dominated by the ongoing strategic development of the product portfolio Sales Total sales

More information

TOFAŞ Q ANALYST PRESENTATION

TOFAŞ Q ANALYST PRESENTATION TOFAŞ Q1 2016 ANALYST PRESENTATION 03.05.2016 1 2016 Q1 AGENDA Highlights Turkish Automotive Industry Production & Capacity Utilization Domestic Market Developments Tofaş Domestic Market Performance Export

More information

Total credit to the non-financial sector (core debt), % of GDP Table F1.1

Total credit to the non-financial sector (core debt), % of GDP Table F1.1 Total credit to the non-financial sector (core debt), % of GDP Table F1.1 2012 2013 2014 2015 2016 Q2 16 Q3 16 Q4 16 Q1 17 Q2 17 Argentina 62.6 66.4 64.6 75.5 75.3 81.7 80.1 75.3 71.6 72.7 Australia 208.0

More information

Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus

Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Volkswagen Group Capital Markets Day 2017 Volkswagen Truck & Bus Andreas Renschler Board of Management, Commercial Vehicles Capital Markets Day, 14 th of March 2017 Disclaimer The following presentations

More information

GLOBAL AUTOMOBILE BUMPY ROAD AHEAD

GLOBAL AUTOMOBILE BUMPY ROAD AHEAD GLOBAL AUTOMOBILE BUMPY ROAD AHEAD WEBINAR Allianz Research/ Maxime Lemerle Paris / September 2018, 25th Copyright Allianz EXECTIVE SUMMARY 01 THE AUTOMOTIVE MARKET IS SET TO GROW BY +3.0% IN 2018 COMPARED

More information

Evonik Corporate Venturing. Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012

Evonik Corporate Venturing. Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012 Evonik Corporate Venturing Dr. Jürgen Finke Ecosummit 2012, Neuss November 14, 2012 Focus on specialty chemicals Evonik is one of the global leaders in specialty chemicals Strong integrated technology

More information

Electric Vehicle Initiative (EVI) What it does & where it is going

Electric Vehicle Initiative (EVI) What it does & where it is going Indian Transport Sector: Marching towards Sustainable Mobility Electric Vehicle Initiative (EVI) What it does & where it is going COP-23 Side Event, November 14, 2017 India Pavilion, Bonn, Germany Sarbojit

More information

Mazda Motor Corporation June 17, 2011

Mazda Motor Corporation June 17, 2011 FY ENDING MARCH 2012 FINANCIAL FORECAST New MAZDA Demio 13-SKYACTIV Mazda Motor Corporation June 17, 2011 1 PRESENTATION OUTLINE FY ending March 2012 Forecast Updates of Framework for Medium- and Long-term

More information

Q1 Report Joakim Olsson CEO and President April 23, Innovative Vehicle Technology

Q1 Report Joakim Olsson CEO and President April 23, Innovative Vehicle Technology Q1 Report 2010 Joakim Olsson CEO and President April 23, 2010 Innovative Vehicle Technology 2010-04-23 Summary 1st quarter 2010 Sales of SEK 1,600m (1,562) Adjusted for currency-exchange fluctuations and

More information

Earnings conference call. Q4 and Full year 2015

Earnings conference call. Q4 and Full year 2015 Earnings conference call Q4 and Full year 2015 Bo Annvik, CEO / Åke Bengtsson, CFO 11 February 2016 1 Agenda Business Highlights Market Update Sales Financials Outlook 2 2015 in numbers Operating margin

More information

TOFAŞ RESULTS WEBCAST PRESENTATION

TOFAŞ RESULTS WEBCAST PRESENTATION TOFAŞ 31.12.2017 RESULTS WEBCAST PRESENTATION 02.02.2018 AGENDA Highlights Turkish Automotive Industry Production Domestic Market Developments Tofaş Domestic Market Performance Export Markets & Tofaş Performance

More information

Jaguar Land Rover Results For the quarter ended 30 June August 2015

Jaguar Land Rover Results For the quarter ended 30 June August 2015 Jaguar Land Rover Results For the quarter ended 30 June 2015 7 August 2015 1 Disclaimer Statements in this presentation describing the objectives, projections, estimates and expectations of Jaguar Land

More information

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m.

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m. - Check against delivery - Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June 2014, 10:00 a.m. Ladies and Gentlemen! Since July, Europe

More information

ABB: Continuing growth

ABB: Continuing growth ZURICH, SWITZERLAND, OCTOBER 26, 2017: THIRD QUARTER HIGHLIGHTS ABB: Continuing growth Total orders up 5% 1 ; base orders up 6%; higher in all regions Services and software orders up 11%; ABB Ability TM

More information

On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for 9M 2011 Hanover, 18 October 2011

On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for 9M 2011 Hanover, 18 October 2011 On track. Investor and Analyst Presentation On the Occasion of the Release of the Preliminary Figures for 9M 2011 Agenda Delticom at a Glance Business Model Profit & Loss Balance Sheet Outlook 2 Agenda

More information

2002 Preliminary Announcement 10 June 2002

2002 Preliminary Announcement 10 June 2002 2002 Preliminary Announcement 10 June 2002 Financial Review Financial Summary 2002 2001 as restated m m Turnover 190.2 216.7 Trading profit (before exceptionals) 7.8 16.1 Profit before tax (before exceptionals)

More information

Investor Presentation. May 16, 2017

Investor Presentation. May 16, 2017 Investor Presentation May 16, 2017 FORWARD-LOOKING STATEMENTS 2 Certain information contained in this presentation looks forward in time and deals with other than historical or current facts for AutoCanada

More information

Mazda Motor Corporation FISCAL YEAR MARCH 2019 SECOND QUARTER FINANCIAL RESULTS (Speech Outline)

Mazda Motor Corporation FISCAL YEAR MARCH 2019 SECOND QUARTER FINANCIAL RESULTS (Speech Outline) (For your information) October 31, 2018 Mazda Motor Corporation FISCAL YEAR MARCH 2019 SECOND QUARTER FINANCIAL RESULTS (Speech Outline) Tetsuya Fujimoto Managing Executive Officer in charge of Finance

More information

PRESS RELEASE PIAGGIO GROUP: FIRST NINE MONTHS Consolidated net sales million ( 1,112.3 mln in first nine months 2012)

PRESS RELEASE PIAGGIO GROUP: FIRST NINE MONTHS Consolidated net sales million ( 1,112.3 mln in first nine months 2012) PRESS RELEASE PIAGGIO GROUP: FIRST NINE MONTHS 2013 Consolidated net sales 955.0 million ( 1,112.3 mln in first nine months 2012) Ebitda 133.7 million ( 156.0 mln in first nine months 2012) Ebitda margin

More information

Interim Review Q1 2006

Interim Review Q1 2006 Interim Review Q1 2006 April 26, 2006 April 26, 2006 www.ruukki.com Strategy Moving Ahead Recent Structural Changes Business Environment Financials 1-3/2006 Near-term Outlook Summary 2 April 26, 2006 www.ruukki.com

More information

Second quarter AB Volvo

Second quarter AB Volvo 1 VOLVO GROUP Strengthened focus on core business divests Volvo Aero Enterprise value of SEK 6.9 billion. Completion expected during the third quarter of 2012. acquires shares in Deutz AG Largest shareholder

More information

Voith Group On a good footing for future growth

Voith Group On a good footing for future growth Voith Group On a good footing for future growth Stuttgart, December 7, 2017 Annual press conference Stuttgart December 7, 2017 Public 1 Contents 1. Where we now stand 1.1 Highlights in the 2016/17 fiscal

More information

Consumers (in millions) NPS % 83.1% 1 Net Promoter Score

Consumers (in millions) NPS % 83.1% 1 Net Promoter Score BELRON WHAT WE DO Belron makes a difference by solving people s problems with real care. It is the worldwide leader in vehicle glass repair and replacement with more than ten major brands including Carglass,

More information

1959 March Production commences at Yulon Motor Co., Ltd. in Taiwan, the Company s first overseas KD factory.

1959 March Production commences at Yulon Motor Co., Ltd. in Taiwan, the Company s first overseas KD factory. Corporate History 1980 July Nissan Motor Manufacturing Corporation U.S.A. is established. 1933 1940 1935 April The first car manufactured by a fully integrated assembly system rolls off the line at the

More information

Q SALES Strong organic growth, confirmed momentum. October 12, 2017

Q SALES Strong organic growth, confirmed momentum. October 12, 2017 Q3 2017 SALES Strong organic growth, confirmed momentum October 12, 2017 Q3 2017 Sales Key facts Sales Since January 1, 2017, Faurecia reports on value-added sales, which are total sales less monolith

More information