Stories about Finanzwirtschaft

Aareal Bank

Norbert Kickum retires from the Management Board of Aareal Bank AG

Wiesbaden (ots) - Norbert Kickum, who, as a member of the Management Board, has been responsible for Aareal Bank's property financing business on international markets, has left the bank with effect from 31 October 2010. His departure is for purely personal reasons, by amicable and mutual consent. Aareal Bank will announce a successor shortly. Norbert ...

Aareal Bank

Aareal Bank Group reports a marked increase in third-quarter profits

Wiesbaden (ots) - - Nine-month operating profit already exceeds full-year 2009 results - Aareal Bank has thus achieved a key objective for the current financial year - Full-year forecasts raised for key financial indicators - Consolidated operating profit of EUR 33 million, up from EUR 21 million in Q3 2009 - Allowance for credit losses of EUR 32 million ...

Aareal Bank

Aareal Bank Group remains on course in the second quarter of 2010

Wiesbaden (ots) - - Second-quarter consolidated operating profit rises to EUR 31 million (Q2 2009: EUR 19 million) - Allowance for credit losses of EUR 33 million remains at a manageable level - New Structured Property Financing business expanded to EUR 1.6 billion - Consulting/Services segment: Aareon ...

Aareal Bank

Aareal Bank starts repayment of the SoFFin silent participation ahead of plan, enhances funding flexibility through a precautionary measure

Wiesbaden (ots) - - First repayment tranche will amount to EUR 150 million - Chairman of the Management Board, Dr Wolf Schumacher stated: "This demonstrates the strength and soundness of our business model and good capitalisation" - Funding ...

Aareal Bank

Annual General Meeting of Aareal Bank AG adopts all proposed resolutions with a large majority

Wiesbaden (ots) - The Annual General Meeting of Aareal Bank AG has adopted all resolutions proposed by the Management Board and the Supervisory Board with a large majority. These included resolutions to establish new Authorised Capital, and an authorisation of the Management Board to issue convertible bonds or bonds with warrants. These resolutions represented global ...

Aareal Bank

Aareal Bank Group posts a good start into the 2010 financial year

Wiesbaden (ots) - - First-quarter consolidated operating profit rises to EUR 30 million (Q1 2009: EUR 24 million) - Allowance for credit losses of EUR 32 million remains at a manageable level - New Structured Property Financing business increased to EUR 1.3 billion - Consulting / Services segment continues to show robust business development - deposit ...

Aareal Bank

Aareal Bank Group is well-positioned for the future

Wiesbaden (ots) - - Market environment is expected to gradually improve, returning to normal as of 2012 - Outlook for 2010 confirmed - first-quarter performance on schedule - Sound results achieved in 2009 - CEO Dr Wolf Schumacher: "We are well-positioned to master the current challenges we face, and to consistently exploit future ...

Aareal Bank

Aareal Award of Excellence in Real Estate Research awarded for the third time

Wiesbaden (ots) - International prizewinners acclaimed for outstanding work in real estate economics Wiesbaden, 26 February 2010 - The Real Estate Management Institute (REMI) of the European Business School (EBS) and Aareal Bank AG have awarded the Aareal Award of Excellence in Real Estate ...

Aareal Bank

Aareal Bank Group posts solid results for the 2009 financial year

Wiesbaden (ots) - - Profit before taxes of EUR 86 million for the full year 2009 - 23 million for the fourth quarter - Allowance for credit losses of EUR 150 million, in line with projections - Tier 1 ratio of 11.0% pursuant to the Credit Risk Standard Approach (CRSA) - Initial partial ...

Aareal Bank

Aareal Bank Group maintains solid results in the third quarter of 2009, despite a difficult market environment

Wiesbaden (ots) - - Operating profit before taxes of EUR 25 million in line with the previous quarter - Structured Property Financing: allowance for credit losses remains at a clearly manageable level - Consulting/Services showing robust ...

Lufthansa Technik AG

More capacity for outfitting large private and government aircraft

Hamburg (ots) - - Preliminary contracts for three Boeing 747-8s and three 787s - Four A330/A340 completions in Hamburg by 2011 Lufthansa Technik's Completion Center in Hamburg is being significantly expanded to cope with the extremely high demand for customized interior completion of large and very large VIP and government aircraft. From 2010 onwards, the Hamburg site will have the capacity to outfit three widebody ...

ProSiebenSat.1 Media SE

Revenues and Profitability Both Rise at ProSiebenSat.1 Group in H1 2007 / Targets for the combined Group confirmed

Munich (ots) - - ProSiebenSat.1 revenue growth of 3.6 % in H1 2007 despite difficult comparables in Q2 2006 due to Soccer World Cup - ProSiebenSat.1 EBITDA grows 6.8 % to EUR 240.8 million in H1 - German TV ad market expected to grow by 2 to 3 % net in 2007 - Integration of the New Group ...

ProSiebenSat.1 Media SE

Invitation Conference Call for the Press First Half-Year 2007 Financial Results

Unterföhring (ots) - Dear Madam, dear Sir, the ProSiebenSat.1 Media AG will be releasing its first half-year 2007 financial results on August 22, 2007. We are pleased to invite you to a conference call with the management of the Group to discuss the latest results. Wednesday, August 22, 2007 at 10:30 a.m. (CET) Dial-in Number: +49 [69] 5007-13 ...

ProSiebenSat.1 Media SE

ProSiebenSat.1 Group's Revenues and Earnings Grow in Q1 2007

Munich (ots) - - Consolidated revenues up 7.7 percent to EUR 501.2 million - EBITDA up 16.1 percent to EUR 82.0 million - Pre-tax profit up 34.7 percent to EUR 67.5 million - Consolidated profit up 32.2 percent to EUR 40.6 million - Growth driven by higher TV advertising revenues and new business models - Positive outlook for fiscal 2007 The ProSiebenSat.1 Group got fiscal 2007 off to a ...

Nordex SE

Nordex entering Turkish market for the first time / First major project worth EUR 39 million awarded

Hamburg (ots) - ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. Nordex AG has entered the Turkish market on a very successful note: Up until the end of March 2008 it will be assembling 17 N90/2500 HS (high speed) turbines with 80 meters hub ...

Merlin Entertainments Group Deutschland

The Perfect Combination - Merlin and Tussauds - Creating the World's No 2 Visitor Attraction Company - With Photo

London, New York and Dubai (ots) - Merlin Entertainments Group ("Merlin"), controlled by the Blackstone Group ("Blackstone"), and The Tussauds Group ("TTG"), controlled by Dubai International Capital LLC ("DIC"), are today announcing a partnership of two rapidly growing businesses. This brings together ...

USU Software AG

USU Software achieves earnings level of previous year after nine months

Möglingen (ots) - - International share in higher Group revenues increased further - Cost increase remains low, despite higher number of employees - Expansion of product business pushes earnings growth - Financing solid with high liquidity and equity ratio - Group profits to exceed EUR 3 million in 2007 USU Software AG (ISIN DE000A0BVU28) ...

USU Software AG

USU Software AG continues positive revenue and earnings trend

Möglingen (ots) - - Positive development of product and solutions business continues - Below-average increase in Group costs - Further growth in profitability - Increase in liquidity and equity ratio - Management Board confirms intention to distribute a dividend USU Software AG (ISIN DE000A0BVU28) today published its figures for the first six months of 2006. The Company and its ...

SinnerSchrader AG

SinnerSchrader: Third quarter confirms earnings expectation for 2005/2006 - Revenue Growth Slower than Planned

Hamburg, Germany (ots) - In the first nine months of the 2005/2006 financial year, SinnerSchrader earned revenue of EUR 11.7 million, i.e. 11 per cent more than in the comparable period of the previous year. The EBITA rose from EUR 67,000 in the previous year to EUR 380,000. In the third quarter revenue grew from ...

Girindus AG i.L.

Girindus AG - Oligonucleotide Production Expansion Accelerated

Bensberg (ots) - Girindus, with core competencies in process development, scale up and manufacture of innovative drug and cosmetic actives, sees a significant increase in demand for its commercial oligonucleotide production capabilities in the USA and Europe. "Our know-how and our technical expertise in the area of oligonucleotide research, development and manufacturing has been validated by an increased market ...

Klöckner & Co SE

Klöckner & Co launches investor roadshow

Frankfurt (ots) - * Capital increase with net proceeds of around ¤100 million for further improvement of capital structure and generating additional headroom for growth * Around 50 per cent free float after IPO * First day of trading before summer break Klöckner & Co AG management will present the company during a roadshow to national and international investors, which will start on June ...

Klöckner & Co SE

Klöckner & Co ready for listing on the stock exchange

Duisburg (ots) - The steel and metal distribution company, Klöckner & Co AG, is aiming for a listing on the Prime Standard of the Frankfurt Stock Exchange before the summer break. This will be subject to a favourable capital market environment. "We have thoroughly examined this step. A direct access to the capital market opens up additional flexibility for the future development of our company", said the Chairman of ...

Lufthansa Technik AG

ASSB in Malaysia celebrates Ground Breaking - Operations start 2007

BASF SE

BASF Commences US$37 Per Share Cash Tender Offer for Engelhard

Ludwigshafen, Germany (ots) - BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN), the world's leading chemical company, today announced that it is commencing a cash tender offer for all of the outstanding shares of common stock of Engelhard Corporation (NYSE: EC) for US$37.00 net per share. BASF's price represents a 23% premium above the December 20, 2005 closing price of Engelhard's ...