Supervisory board

EQS-News: Passing of the baton at init SE’s Managing Board

Retrieved on: 
Wednesday, April 10, 2024
EUR, Growth, Supervisory board, Transport, Knowledge, Transport for London, History, CSO, USD, Airline

There will be a change to the Managing Board of init innovation in traffic systems SE (ISIN DE 0005759807) on 1 October 2024.

Key Points: 
  • There will be a change to the Managing Board of init innovation in traffic systems SE (ISIN DE 0005759807) on 1 October 2024.
  • Dr. Jürgen Greschner (62), the long-serving CSO has expressed his desire to step down from the Managing Board on this date.
  • As the sole managing director, he built up INIT Innovations in Transportation Inc. in the United States, back in 1999.
  • In addition, Jürgen Greschner has been the Deputy Chairman of the Managing Board of init SE since 2015.

EQS-News: W&W Group continues to improve its market position in 2023

Retrieved on: 
Wednesday, April 10, 2024
EUR, Uncertainty, Tax, Growth, Supervisory board, Junker, Acquisition, Digital, HGB, News, Investment, Housing, W&W

The W&W Group has continued to make good progress on customer proximity, market relevance and cost efficiency.

Key Points: 
  • The W&W Group has continued to make good progress on customer proximity, market relevance and cost efficiency.
  • In the 2023 financial year, the Wüstenrot & Württembergische Group (W&W) saw good, in some cases excellent development of new business in nearly all lines.
  • Wüstenrot Bausparkasse AG, which set another new record, and the Württembergische property and life insurance business achieved growth well above the market average.
  • The W&W Group expects consolidated net income to increase in the current 2024 financial year, while adverse external influences persist.

EQS-News: Supervisory Board of ProCredit Holding AG extends contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year

Retrieved on: 
Wednesday, April 10, 2024
Corporation, Risk management, Supervisory board, Trust, ProCredit Holding, Frankfurt, Capital market, Orientation, Landesbank, UniCredit, Management

Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.

Key Points: 
  • Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.
  • The Supervisory Board is committed to continuity in the management of the ProCredit group and, with this staffing decision, has reaffirmed its recognition of successful strategic management and the achievement of excellent business results.
  • "As Chair of the Management Board, Hubert Spechtenhauser has driven the development of the ProCredit group in a convincing manner.
  • We wish him and the entire Management Board continued success," said Rainer Ottenstein, Chair of the Supervisory Board of ProCredit Holding AG.

EQS-News: KWS mourns the loss of Philip Freiherr von dem Bussche

Retrieved on: 
Wednesday, April 10, 2024
Personality, Supervisory board, Agriculture, Attitude, Death, KWS, Family

KWS mourns the loss of our Chairman of the Supervisory Board and long-time companion Philip Freiherr von dem Bussche.

Key Points: 
  • KWS mourns the loss of our Chairman of the Supervisory Board and long-time companion Philip Freiherr von dem Bussche.
  • h.c. Andreas J. Büchting, Honorary Chairman of the Supervisory Board of KWS SAAT SE & Co. KGaA and KWS SE: "We are deeply saddened by the death of Philip von dem Bussche.
  • Philip von dem Bussche will be vividly remembered as an impressive personality.
  • Most recently, at the end of 2022, when Andreas Büchting resigned from his positions, Philip von dem Bussche returned to the company as Chairman of the Supervisory Boards of KWS SAAT SE & Co. KGaA and KWS SE at the request of the Büchting and Arend Oetker shareholder families.

EQS-News: Eckert & Ziegler Completes Change of Legal Form to SE

Retrieved on: 
Wednesday, April 10, 2024
Societas Europaea, Supervisory board, Mass meeting, WKN, Security (finance)

Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700) today completed its change of legal form to a Societas Europaea (SE) with entry in the company's commercial register and will in future operate as Eckert & Ziegler SE.

Key Points: 
  • Eckert & Ziegler Strahlen- und Medizintechnik AG (ISIN DE0005659700) today completed its change of legal form to a Societas Europaea (SE) with entry in the company's commercial register and will in future operate as Eckert & Ziegler SE.
  • Eckert & Ziegler SE has a dualistic management system consisting of a management body (Executive Board) and a supervisory body (Supervisory Board).
  • The corporate bodies of Eckert & Ziegler SE are therefore, as at Eckert & Ziegler Strahlen- und Medizintechnik AG, the Executive Board, the Supervisory Board, and the General Meeting.
  • All shareholders hold the same number of shares in Eckert & Ziegler SE as they did in Eckert & Ziegler Strahlen- und Medizintechnik AG before the change of legal form.

EQS-News: CEWE is planning further turnover and earnings growth in 2024

Retrieved on: 
Wednesday, April 10, 2024
Online, Retail, Annual, Conference, EBT, Supervisory board, Growth, Economic development, Commercial, SDAX, ROCE, Annual report, Marketing

The targets for 2023 have thus clearly been achieved: CEWE had planned Group turnover in the range of 720 to 780 million euros and EBIT of up to 82 million euros for 2023.

Key Points: 
  • The targets for 2023 have thus clearly been achieved: CEWE had planned Group turnover in the range of 720 to 780 million euros and EBIT of up to 82 million euros for 2023.
  • CEWE is also planning further growth for the 2024 financial year: Group turnover is expected to reach a value in the range of 770 to 820 million euros in 2024, while Group EBIT is expected to be in the corridor of 77 to 87 million euros.
  • Turnover in the core business segment of Photofinishing rose significantly by 42.7 million euros or +6.9% to 658.8 million euros in 2023 (photofinishing turnover in 2022: 616.1 million euros).
  • Group turnover is expected to be in the range of EUR 770 million to EUR 820 million in 2024.

EQS-News: Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024

Retrieved on: 
Wednesday, April 10, 2024
Annual, Growth, Supervisory board, Baden-Baden, AG

Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024

Key Points: 
  • Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
    The issuer is solely responsible for the content of this announcement.
  • Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
    Baden-Baden, March 15, 2024: Dr Konstantin Mettenheimer, member of the GRENKE AG Supervisory Board since July 2021 and its Deputy Chair since May 2023, has decided not to stand for re-election to the Supervisory Board at the Annual General Meeting on April 30, 2024.
  • “GRENKE AG has successfully repositioned itself in the areas of governance, compliance and digitalisation over the past three years and is clearly back on track for sustainable earnings growth,” said Dr Mettenheimer, explaining his decision.
  • After overcoming the challenges of the short-seller attack and the coronavirus pandemic, GRENKE has now cleared the path for profitable growth.

EQS-News: IMMOFINANZ 2023 with strong operating performance

Retrieved on: 
Wednesday, April 10, 2024
EUR, Growth, Supervisory board, AG, VIVO, ATX, CPI Property Group, S IMMO, Bank statement, Investment, LTV, FFO, NTA, Cryptocurrency

IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.

Key Points: 
  • IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.
  • “We achieved above-average operating results in 2023 in spite of the difficult macroeconomic environment.
  • This performance underscores the success of our strategy to invest in higher-yielding properties to strengthen our earning power“, explained Radka Doehring, Member of the Executive Board of IMMOFINANZ.
  • Revaluations (including development projects and property sales) totalled EUR -376.8 million in 2023, compared with EUR -105.7 million in the previous year.

EQS-News: HomeToGo Resolves Public Share Tender Offer For Up To 1.25 Million Class A Shares

Retrieved on: 
Wednesday, April 10, 2024
Annual, Software as a service, Supervisory board, Frankfurt Stock Exchange, Share repurchase, THIS, AMERICA, HTG, NOT, Maxima and minima, Cryptocurrency

In the public share tender offer, the Company offers to all HomeToGo Class A shareholders to purchase from them Class A shares against payment of a purchase price in the range of €2.00 to €2.40 per share up to an aggregate volume of €2.5 million (“Maximum Offer Volume”).

Key Points: 
  • In the public share tender offer, the Company offers to all HomeToGo Class A shareholders to purchase from them Class A shares against payment of a purchase price in the range of €2.00 to €2.40 per share up to an aggregate volume of €2.5 million (“Maximum Offer Volume”).
  • The maximum number of Class A shares to be repurchased in the tender offer therefore amounts to 1.25 million at the lower end of the purchase price range and approx.
  • Any amendment as well as the results of the tender offer will be published on the Company’s Investor Relations website (ir.hometogo.de) in the section “Share Buyback – Tender Offer”.
  • Further details on the tender offer are included in the offer document, which is available on the Company’s Investor Relations website (ir.hometogo.de) in the section “Share Buyback – Tender Offer”.

EQS-News: KSB closes the 2023 financial year with record performance

Retrieved on: 
Wednesday, April 10, 2024
Annual, Growth, Supervisory board, Management, SDAX, News, Frankenthal, Workforce, Mission, Income tax, KSB, Marketing, Security (finance)

FRANKENTHAL: Frankenthal-based pump and valve manufacturer KSB closed the 2023 financial year with record figures for order intake and sales revenue.

Key Points: 
  • FRANKENTHAL: Frankenthal-based pump and valve manufacturer KSB closed the 2023 financial year with record figures for order intake and sales revenue.
  • In the 2023 financial year, KSB significantly increased order intake by + 3.4 % to € 2,960 million.
  • KSB increased sales revenue by + 9.5 % to € 2,819 million in the 2023 financial year.
  • The KSB shareholders are to participate to a particular extent in the record performance achieved for the 2023 financial year.