Defense Industry Sector (Ethiopia)

EQS-News: Semperit AG Holding: Industrial Sector puts in strong performance in the first nine months – impairment loss in the Medical Sector

Retrieved on: 
Sunday, November 27, 2022

However, in this reporting period we also managed to defy the challenging market environment and the increasing economic slowdown with a strong performance in the Industrial Sector.

Key Points: 
  • However, in this reporting period we also managed to defy the challenging market environment and the increasing economic slowdown with a strong performance in the Industrial Sector.
  • This reinforces once again that consistently pursuing our Groups transformation into an industrial rubber specialist is the right path, said CEO Karl Haider.
  • This counteracted, at least in part, the sharp decrease in revenue of -47.5% to EUR 271.2 million in the Medical Sector.
  • Added to this is the incipient economic slowdown, which will have a negative impact on the Industrial Sector as well.

Sight Machine Blueprint Enables Automated Data Labeling and Comprehensive Analysis of All Manufacturing Data

Retrieved on: 
Tuesday, October 11, 2022

SAN FRANCISCO, Oct. 11, 2022 /PRNewswire/ -- Sight Machine, creator of the data foundation for manufacturing, today announced that it has released Sight Machine Blueprint, a tool developed in collaboration with NVIDIA and Microsoft that provides manufacturers with high-speed, automated data labeling, mapping data tags to plant assets and the context they need to interpret their plant data. Blueprint makes it possible, for the first time, for manufacturers to analyze all their plant data, leading to improved outcomes in throughput, quality and sustainability.

Key Points: 
  • Developed in collaboration with NVIDIA and Microsoft, Sight Machine Blueprint empowers manufacturers to prepare and leverage 100x more data for actionable analytics insights
    SAN FRANCISCO, Oct. 11, 2022 /PRNewswire/ -- Sight Machine, creator of the data foundation for manufacturing, today announced that it has released Sight Machine Blueprint , a tool developed in collaboration with NVIDIA and Microsoft that provides manufacturers with high-speed, automated data labeling, mapping data tags to plant assets and the context they need to interpret their plant data.
  • Before leveraging analytics to uncover valuable data insights, manufacturers must first label their data to provide context on what it means.
  • "The true value of Blueprint is that it makes automated data labeling feasible in a way that it simply was not previously," said Kurt DeMaagd, Chief AI Officer and Co-Founder, Sight Machine.
  • Sight Machine, creator of the data foundation for manufacturing, drives rapid increases in manufacturing productivity and helps accelerate digital transformation across plants.

CT Investments to Launch the First K-POP ETF in the U.S.

Retrieved on: 
Thursday, September 1, 2022

CT Investments, a subsidiary of Contents Technologies, announced today that it is launching the KPOP and Korean Entertainment ETF on the NYSE Arca exchange on September 1, 2022.

Key Points: 
  • CT Investments, a subsidiary of Contents Technologies, announced today that it is launching the KPOP and Korean Entertainment ETF on the NYSE Arca exchange on September 1, 2022.
  • The KPOP and Korean Entertainment ETF begins trading on Thursday, September 1, 2022 on the NYSE Arca exchange under the ticker KPOP.
  • Established in 2022, CT Investments is a wholly owned subsidiary and the asset management arm of Contents Technologies.
  • The Fund is distributed by SEI Investments Distribution Co., (SIDCO) 1 Freedom Valley Drive, Oaks, PA 19456.

EQS-News: Semperit AG Holding: Strong first-half result in Industrial Sector despite difficult market conditions

Retrieved on: 
Wednesday, August 17, 2022

In the Medical Sector, on the other hand, we saw the expected return to normality after the pandemic-related special cycle of 2020 and 2021.

Key Points: 
  • In the Medical Sector, on the other hand, we saw the expected return to normality after the pandemic-related special cycle of 2020 and 2021.
  • The IndustrialSector again achieved strong sales growth of 38.9% to EUR 372.3 million in the first half of 2022.
  • Average sales prices in the first half of the year were still above the pre-coronavirus level are, however still declining.
  • The annual result of the Semperit Group may of course also be considerably influenced by developments such as the Russia-Ukraine war.

Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

Retrieved on: 
Friday, June 24, 2022

Power management company Eaton (NYSE:ETN) today announced Taras Terry Szmagala Jr. has been named executive vice president and chief legal officer.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced Taras Terry Szmagala Jr. has been named executive vice president and chief legal officer.
  • Szmagala holds a bachelors degree from the University of Virginia and a juris doctorate from the University of Virginia School of Law.
  • Additionally, Nancy Berardinelli-Krantz has been named senior vice president and deputy chief legal officer reporting to Szmagala.
  • Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

EQS-News: Semperit AG Holding delivers a strong performance in the first quarter but is behind the exceptionally high results from the corresponding period as expected

Retrieved on: 
Thursday, May 19, 2022

Nevertheless, the company is behind its exceptional results from the same period in the previous year as expected.

Key Points: 
  • Nevertheless, the company is behind its exceptional results from the same period in the previous year as expected.
  • It is on this basis that Semperit published a profit warning for the 2022 annual result on 9 March 2022.
  • The EBIT dropped to EUR 23.7 million in first quarter of 2022, compared to EUR 110.8 million in the previous year.
  • However, this means that the earnings figures are all above the pre-pandemic level in the first quarter of 2019.

Eaton Names Heath Monesmith President and Chief Operating Officer, Electrical Sector, and Paulo Ruiz Named President and Chief Operating Officer, Industrial Sector, Effective July 5, 2022

Retrieved on: 
Monday, April 4, 2022

Power management company Eaton (NYSE:ETN) today announced Heath Monesmith has been named president and chief operating officer of the Electrical Sector, effective July 5, 2022.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced Heath Monesmith has been named president and chief operating officer of the Electrical Sector, effective July 5, 2022.
  • I have no doubt these qualities will serve him and Eaton well as he takes on this new role.
  • Monesmith most recently served as president and chief operating officer of the Industrial Sector.
  • In a related move, Paulo Ruiz will succeed Monesmith as president and chief operating officer of the Industrial Sector.

EQS-News: Semperit AG Holding: Semperit posts record result again in 2021 despite difficult conditions - revenue exceed billion-euro threshold

Retrieved on: 
Friday, April 1, 2022

Industry associations are now also warning of production cutbacks due to raw material shortages in the rubber industry.

Key Points: 
  • Industry associations are now also warning of production cutbacks due to raw material shortages in the rubber industry.
  • Notwithstanding the difficult environment already experienced in the previous year, the Semperit Group 2021 achieved a 27.4% increase in consolidated revenue, reaching EUR 1,182.2 million.
  • The strong revenue increases also led to a noticeable improvement in operating income - and this despite inflationary price developments for commodities, energy, and logistics.
  • EBITDA improved by 73,5%, from EUR 208,6 million in the 2020 financial year to EUR 361,8 million in the 2021 financial year.

S&P DOW JONES INDICES AND MSCI ANNOUNCE REVISIONS TO THE GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS®) STRUCTURE IN 2023

Retrieved on: 
Friday, April 1, 2022

NEW YORK, March 31, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), a leading provider of financial market indices, and MSCI Inc. (MSCI), a leading provider of research-based indices and analytics, have conducted their annual review of the Global Industry Classification Standard (GICS) structure.

Key Points: 
  • NEW YORK, March 31, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), a leading provider of financial market indices, and MSCI Inc. (MSCI), a leading provider of research-based indices and analytics, have conducted their annual review of the Global Industry Classification Standard (GICS) structure.
  • The results of the consultation and changes to the GICS structure in 2023 are summarized below.
  • S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500 and the Dow Jones Industrial Average.
  • S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence.

Optica Capital Launches Rare Earths and Critical Materials ETF (NYSE: CRIT)

Retrieved on: 
Tuesday, March 29, 2022

Optica Capital , a strategic and innovative financial firm that designs, launches and manages themed indexes, announces the launch of its first exchange-traded fund (ETF), the Rare Earths and Critical Materials ETF (NYSE: CRIT).

Key Points: 
  • Optica Capital , a strategic and innovative financial firm that designs, launches and manages themed indexes, announces the launch of its first exchange-traded fund (ETF), the Rare Earths and Critical Materials ETF (NYSE: CRIT).
  • Tracking the EQM Rare Earths and Critical Materials Index (CRITNTR), CRIT features many of the minerals and materials deemed by governments worldwide as being critical to their economic and national security.
  • The Fund also highlights the importance of the supply chain process involving rare earths and critical materials that make up some of the worlds most desired products.
  • CRIT is made up of approximately 51 companies that meet standards for the development, production and use of rare earths and critical materials.