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EQS-News: Research Dynamics: Report on CPH: FY2020 earnings update

EQS-News: Research Dynamics: Report on CPH Chemie + Papier Holding: FY2020 earnings update
Report on CPH: FY2020 earnings update
25.02.2021 / 07:13
Diversification helped tide over adversities
Sound operating performance amidst a harsh environment
CPH reported a sound operating performance for FY2020, which otherwise was marked by the Covid-19 induced economic slump. Group net sales in FY2020 declined by 15.1% YoY to CHF 445.2mn (-10.7% excluding currency impact). The diversified nature of the businesses aided the company to offset significant losses at the Paper division. EBITDA declined by 37% YoY to CHF 55mn. Rigorous cost reduction programs and productivity improvement measures averted a considerable drop in the EBITDA. Lower energy and raw material costs (in the Paper and Packaging Divisions) also helped in mitigating the decline. Group EBIT declined by 56% YoY to CHF 24.7mn (FY2019: CHF 56.6mn), the corresponding margin compressing to 5.5% (10.8%). How ....

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Water service restored as Shreveport crews make last repairs

SHREVEPORT, La. They are the words the city s residents have been waiting almost a week to hear: Water Department restores service.Â
That was the headline from a news release from the Perkins administration, though it noted there were still isolated outages in extreme west Shreveport that water had yet to reach.Â
They may not have 100 percent of the pressure that they are used to seeing. But almost everybody and I don t really know of anybody that doesn t have water but I m sure there might be one or two streets that the water hasn t quite gotten there yet, Shreveport Water and Sewerage director William Daniel told KTBS. ....

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Research and Markets: Sweden Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Report 2021

The "Sweden Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook): Spend Analysis by Digital/e-Gift Card, Retail Corporate Consumers, Top Retailers, Distribution Channel ....

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Card-Dynamics, the B2B fintech specialized in the subscription economy, closes a 2.5M€ funding round led by Big Sur Ventures

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MADRID, Feb. 24, 2021 /PRNewswire/ Amidst and despite the Covid-19 crisis, Card Dynamics has raised 2.5M€ as it consolidates its roll out in Spain and Latin America. Big Sur Ventures has led the round, accompanied by GAA, an investment management firm based in the US, and other private investors.
Whilst these are unfavorable times for fintech fundraising, Card Dynamic s focus on subscriptions and the growing transition to card payments has allowed the company to gain traction with banks and retailers and secure funding. Growth in new subscriptions immediately increased during the first few weeks of the Covid period, ranging from 20%-40% higher than the pre-Covid timeframe. April saw the highest growth of any month with a peak growth of 85% ....

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Research and Markets: Germany Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021

Research and Markets: Germany Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics Databook 2021 - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
According to the publisher s Q4 2020 Global Gift Card Survey, gift card industry in Germany is expected to grow by 10.9% on annual basis to reach US$ 10493.8 million in 2021.
Despite near-term challenges in 2021, medium to long term growth story of gift cards in Germany remains strong. The gift card industry in Germany is expected to grow steadily in H1 2021 and record a strong growth in H2 2021. The growth momentum is expected to continue to grow over the forecast period, recording a CAGR of 9.6% during 2021-2025. The gift card market in the country will increase from US$ 9465.6 million in 2020 to reach US$ 15119.7 million by 2025. ....

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