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ECOLOGIC TRANSPORTATION, INC. 11-02-2010 : ECOLOGIC TRANSPORTATION, INC. SELEZIONATA PER PARTECIPARE A CLEAN EQUITY MONACO 2010 Copyright (C) Hugin |
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Santa Monica, CA (10 febbraio 2010) - Ecologic Transportation, Inc . ("Ecologic Transportation" o "l azienda") (OTCBB: EGCT) ha annunciato oggi di essere stata selezionata per partecipare a CleanEquity Monaco 2010, la vetrina più importante per le aziende che operano nel settore delle tecnologie pulite ed ecologiche (Cleantech) di nuova generazione . La conferenza si terrà il 4 e 5 marzo allo Sporting d Hiver di Monaco . Ecologic Transportation, Inc . entra così a far parte di questo ristretto gruppo di aziende Cleantech tra le più innovative al mondo, selezionate da un panel di esperti per intervenire dinanzi a un pubblico composto da investitori finanziari e strategici del settore, policy maker, giuristi e rappresentanti dei media . William N . Plamondon, III, CEO di Ecologic, ha dichiarato: "Mi occupo di trasporti da quasi 40 anni . As CEO of Budget Rent A Car, Alamo Rent A Car and National Car Rental I have rented millions of cars to millions of customers emitting more than my share of dirty fuels into our air . I now have the opportunity to build an innovative company dedicated to environmentally friendly transportation products and services . "Innovator Capital, London specialist investment bank, will host the annual invitation-only event . CleanEquity Monaco s regional host is the Monaco Chamber of Economic Development . Other local partners include Prince Albert II of Monaco s Foundation, the Monte Carlo SBM, and the Stelios Philanthropic Foundation . Collaborators for the 2010 event include Arup, Covington and Burling LLP, the Hugin Group, Invest Securities, Royal Philips Electronics NV and the UNEP Fi . Plenary sessions, led by sector experts, will discuss and identify key industry themes, drivers and constraints, as well as forward looking trends . ABOUT ECOLOGIC TRANSPORTATION, INC . Headquartered in Santa Monica, CA, Ecologic Transportation, Inc . , is a holding company with wholly owned subsidiaries all dedicated to environmentally friendly transportation products and services . The company encompasses three separate but integrated operations that address the environment and transportation holistically: Ecologic Car Rentals, Ecologic Systems and Ecologic Products . This innovative company has an unbiased approach to green cars and clean fuels by providing a business platform for all emerging environmental transportation technologies . For more information: www . ecologictransportation . com or visit http://www . myshareholder . com/ecologic-transportation . html where you can follow Ecologic on Facebook, Twitter, and You Tube . Forward-Looking StatementsThis release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended . All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements . All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements . Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our reports filed with the SEC . We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise . Media Contact:Erin DavisV . P . , Marketing and Communicationerind@ecologictranspo . comInvestor Contact:Mark BernhardCapital Group Communicationsmark@capitalgc . com415 . 332 . 7200Copyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#163040] |
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ATOS ORIGIN 11-02-2010 : ATOS ORIGIN: ai blocchi di partenza delle Olimpiadi di Vancouver Copyright (C) Hugin |
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Atos Origin ai blocchi di partenza delle Olimpiadi invernali di Vancouver 2010Parigi/Vancouver, 10 febbraio 2010 - Atos Origin, partner globale IT delle Olimpiadi, comunica che i vari sistemi informatici necessari a supportare le Olimpiadi invernali 2010 (che prenderanno il via il 12 febbraio) sono stati approntati e che il team è operativo dal 28 gennaio scorso . Atos Origin si occupa della progettazione, integrazione, gestione e messa in sicurezza dei sistemi informatici utilizzati per la gestione delle Olimpiadi e che consentono di comunicare in tempo reale i risultati delle gare da Vancouver a un pubblico di 3 miliardi di persone in tutto il mondo . "Our systems are operational on-time and on-budget," says Patrick Adiba, Executive Vice President, Olympic Games and Major Events at Atos Origin . "The technology team managed by Atos Origin has worked together as one team with one goal of delivering a flawless IT experience to athletes, Olympic officials, media, volunteers and spectators . "For the 2010 Winter Games, under the supervision of Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) Technology Department, Atos Origin manages a technology team of around 3,000 best-in-class technology experts from partners and suppliers, including around 1,000 IT volunteers and hundreds of Atos Origin employees of 32 nationalities . Atos Origin has deployed 800 servers and 6,000 PCs to 35 venues in cooperation with other partners . The IT systems have gone through 100,000 hours of testing and crisis scenarios . Since January 28th, the entire team is in operational mode, managing and monitoring the IT systems 24/7 at all the competition and non-competition venues from the Technology Operations Centre, the IT mission control of the Games . This is all part of Atos Origin s contract with the International Olympic Committee (IOC), covering Salt Lake City in 2002, Athens in 2004, Torino in 2006, Beijing in 2008, Vancouver in 2010, and London in 2012 . The contract was renewed in 2009 for Sochi in 2014 and Rio de Janeiro in 2016 . ####For up-to-the-minute information on the project and live stories from Vancouver, follow us on our Blog and TwitterBehind the scenes in Vancouver - watch on You Tube an interview with Patrick Adiba from the IT Mission Control of the GamesPhoto Gallery on FlickrMediakit: read Atos Origin s Mediakit for the Vancouver 2010 Olympic Winter GamesAbout Atos OriginAtos Origin is a leading international information technology (IT) services company, providing hi-tech transactional services, consulting, systems integration and managed operations to deliver business outcomes globally . The company s annual revenues are EUR 5 . 5 billion and it employs 50,000 people . Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international companies across all sectors . Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Worldline and Atos Consulting . For further information, please visit www . atosorigin . comContact: Emilie Moreau - Tel: + 33 6 26 42 14 39 - Email: emilie . moreau@atosorigin . com Copyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#163046] |
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RECORDATI 11-02-2010 : RECORDATI : RISULTATI PRELIMINARI 2009 IN LINEA CON GLI OBIETTIVI: RICAVI +8,4%, UTILE NETTO +10,1% Copyright (C) Hugin |
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- Ricavi netti consolidati E 747,5 milioni, + 8,4% . - Vendite farmaceutiche E 720,6 milioni, + 9,4% . - Vendite internazionali E 534,8 milioni (71,5% delle vendite totali), + 10,6% . - Utile operativo E 162,2 milioni, + 12,1% . - Utile netto E 110,6 milioni, + 10,1% . - Posizione finanziaria netta*: debito di E 19,7 milioni . - Previsioni per l anno 2010: Ricavi circa E 700 milioni, utile operativo circa E 140 milioni, utile netto circa E 95 milioni . Milano, 11 febbraio 2010 - Il Consiglio di Amministrazione della Recordati S . p . A . ha esaminato i risultati consolidati preliminari dell esercizio 2009 . Il progetto di bilancio e la relazione sulla gestione saranno sottoposti per approvazione al Consiglio di Amministrazione del 5 marzo 2010 . Principali risultati consolidati- I ricavi consolidati, pari a E 747,5 milioni, sono in incremento dell 8,4% rispetto all anno precedente . Le vendite farmaceutiche ammontano a E 720,6 milioni, in crescita del 9,4% e comprendono quelle di Yeni Ilaç, acquisita a fine 2008, e di Herbacos-Bofarma acquisita a gennaio 2009 . La crescita è determinata prevalentemente dalle vendite farmaceutiche internazionali (+11,5%) . Le vendite farmaceutiche in Italia crescono del 4,5% . Le vendite della chimica farmaceutica, pari a E 26,9 milioni, sono in contrazione del 13,8% . Nel 2009 le vendite internazionali del Gruppo sono cresciute del 10,6% e rappresentano il 71,5% dei ricavi . - L utile operativo è pari a E 162,2 milioni, in incremento del 12,1% rispetto all anno precedente, con un incidenza sui ricavi del 21,7% . Le spese di ricerca e sviluppo sono in crescita del 18,0%, raggiungendo il 9,3% dei ricavi . - L utile netto, pari a E 110,6 milioni (+10,1%), cresce in misura inferiore alla redditività operativa per la svalutazione prudenziale della partecipazione nella società statunitense PureTech Ventures LLC - specializzata in investimenti in società start-up dedicate a nuove terapie, dispositivi medici e nuove tecnologie di ricerca - per adeguarla al valore del patrimonio netto corrispondente . - La posizione finanziaria netta* al 31 dicembre 2009 evidenzia un debito netto di E 19,7 milioni, in riduzione di E 61,3 milioni rispetto al 31 dicembre 2008 nonostante l esborso per l acquisizione della società farmaceutica ceca Herbacos-Bofarma a fine gennaio e la distribuzione di dividendi per E 49,3 milioni nel mese di aprile . * Investimenti finanziari a breve termine e disponibilità liquide, al netto dei debiti verso banche e dei finanziamenti a medio/lungo termine, inclusa la valutazione al fair value degli strumenti derivati di copertura (fair value hedge) . Commenti sulla gestione"Il 2009 è stato caratterizzato dalla crescita dei ricavi e degli utili e da importanti iniziative per lo sviluppo futuro del nostro Gruppo" ha dichiarato Giovanni Recordati, Presidente e Amministratore Delegato . "Sono stati innanzitutto siglati importanti accordi di licenza con primarie società farmaceutiche per la commercializzazione di silodosina, nuovo farmaco indicato per il trattamento dei sintomi dell iperplasia prostatica benigna (IPB), appena approvato dalla Commissione Europea per la commercializzazione in Europa . È inoltre proseguito il lancio in nuovi mercati della nostra nuova specialità farmaceutica per il trattamento dell ipertensione, l associazione fissa di lercanidipina con enalapril . Il nostro nuovo prodotto è ormai commercializzato in 13 paesi . Prosegue infine positivamente l iter registrativo negli Stati Uniti di Carbaglu®, per il quale si prevede di ricevere l approvazione nel corso del 2010 . La nostra eccellente posizione finanziaria," ha proseguito Giovanni Recordati, "permette, anche nel 2010, di continuare nella nostra strategia di espansione, sia attraverso l acquisizione di nuovi prodotti, sia nell acquisizione di presenze in nuovi mercati . Per quanto riguarda i risultati economici dell esercizio in corso, il 2010 risentirà della concorrenza dei generici della lercanidipina il cui brevetto è scaduto nel mese di gennaio . Prevediamo quindi di realizzare ricavi di circa E 700 milioni, un utile operativo di circa E 140 milioni e un utile netto di circa E 95 milioni, sostanzialmente in linea con le previsioni già annunciate a dicembre 2008 . "Dichiarazione del Dirigente Preposto alla redazione dei documenti contabili societariIl dirigente preposto alla redazione dei documenti contabili societari, Fritz Squindo, dichiara, ai sensi del comma 2 articolo 154 bis del Testo Unico della Finanza, che l informativa contabile contenuta nel presente comunicato corrisponde alle risultanze documentali, ai libri e alle scritture contabili . Conference callRecordati organizzerà una conference call oggi 11 febbraio alle ore 16 . 00 . Il conference ID è 52840942 e i numeri per poter accedere sono i seguenti:Italia +39 02 36005955UK +44 (0) 1452587427USA 18665516755Francia +33 (0) 170751217Germania +49 (0) 6922227071Le diapositive alle quali si farà riferimento durante la conference call saranno disponibili nel sito www . recordati . it alla voce "Investors", sezione "Presentazioni":http://www . recordati . it/rec_it/investors/presentations/Gli interessati sono pregati di chiamare 10 minuti prima dell inizio indicando la conference ID 52840942 . Per accedere all assistenza da parte di un operatore digitare *0 oppure chiamare il +44 1452569034 . La registrazione della conference call sarà disponibile nel sito www . recordati . it . Recordati (Reuters RECI . MI, Bloomberg REC IM), fondata nel 1926, è un gruppo farmaceutico europeo, quotato alla Borsa Italiana (ISIN IT 0003828271), con oltre 2 . 950 dipendenti, che si dedica alla ricerca, allo sviluppo, alla produzione e alla commercializzazione di prodotti farmaceutici . Ha sede a Milano, attività operative nei principali paesi europei ed una presenza crescente nei nuovi mercati del centro ed est Europa . Una rete europea di oltre 1 . 450 informatori scientifici del farmaco promuove un ampia gamma di farmaci innovativi, sia originali che su licenza, appartenenti a diverse aree terapeutiche compresa un attività specializzata nelle malattie rare . Recordati si propone come partner di riferimento per l acquisizione di nuove licenze per il mercato europeo per quelle aziende che non dispongono di reti commerciali in Europa . Recordati è impegnata nella ricerca e sviluppo di farmaci innovativi per l area cardiovascolare e genito-urinaria, ed anche di terapie per malattie rare . I ricavi consolidati nel 2008 sono stati pari a E 689,6 milioni, l utile operativo è stato pari a E 144,7 milioni e l utile netto è stato pari a E 100,4 milioni . Per ulteriori informazioni:Sito Recordati: www . recordati . itRelazioni con gli investitoriMarianne Tatschke(39)0248787393e-mail: inver@recordati . itRelazioni con i giornalistiClaudio Rossetti (Echo Comunicazione d Impresa)(39)0262694736e-mail: crossetti@echocom . itQuesta comunicazione contiene valutazioni e ipotesi su fatti futuri ("forward-looking statements" nel significato di cui all U . S . Private Securities Litigation Reform Act del 1995) che riflettono la migliore stima in base a quanto attualmente noto . Tali valutazioni e ipotesi, tuttavia, dipendono anche da numerosi fattori esterni, fuori dal controllo della società, e da avvenimenti incerti, che sono soggetti a numerosi rischi . I risultati futuri potrebbero differire anche sensibilmente da quanto espresso o deducibile da questa comunicazione . Le citazioni e descrizioni di "specialità etiche Recordati", soggette a prescrizione medica, vengono date solo per informare gli azionisti sull attività della Società e non hanno alcun intendimento né di promuovere né di consigliare l uso delle specialità stesse . Copyright HuginThe appendixes relating to the press release are available on: http://www . hugingroup . com/documents_ir/PJ/CO/2010/163058_88_4PG7_Risultatipreliminari2009 . doc Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#163058] |
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REXEL 11-02-2010 : REXEL: RISULTATI DEL QUARTO TRIMESTRE E DELL INTERO 2009 Copyright (C) Hugin |
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Il bilancio al 31 dicembre 2009 è stato esaminato dal Consiglio di sorveglianza (riunitosi il 9 febbraio 2010) e sottoposto a verifica del Collegio sindacale . TENUTA DEI RISULTATINONOSTANTE UN CONTESTO ECONOMICO DIFFICILE- Continua il miglioramento della redditività e del deleveraging nel quarto trimestre- Margine EBITA[1] passato al 4,9% (dopo il 3,6% nel secondo trimestre e il 4,4% nel terzo trimestre)- Indebitamento netto ridotto di 183 milioni di euro nel trimestre- Performance annuali in linea con gli obiettivi- Fatturato a 11,3 miliardi di euro (organico e a giorni costanti: -17,2%)- Spese operative ridotte di 285 milioni di euro (-11% rispetto al 2008)- Margine EBITA[1] al 4,0%- Indebitamento netto a 2 . 401 milioni di euro, con una riduzione di 531 milioni di euro (indice di indebitamento 4,32x)- Debt maturity and financial flexibility increased through bond issue and new Senior Credit Agreement- 3 key priorities for 2010:- Consolidate market leadership- Improve profitability- Generate robust free cash flow
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Deinove 10-02-2010 : Deinove selezionata per partecipare a CleanEquity Monaco 2010 Copyright (C) Hugin |
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Parigi, 10 febbraio, 2010 - Deinove, società biotech specializzata nella ricerca e nello sviluppo di processi innovativi per la produzione di biocombustibile, è stata selezionata per partecipare a CleanEquity Monaco 2010, la vetrina più importante per le aziende che operano nel settore delle tecnologie pulite ed ecologiche (Cleantech) di nuova generazione . La conferenza si terrà il 4 e 5 marzo allo Sporting d Hiver di Monaco . Jacques Biton, CEO of Deinove, will be presenting on Thursday March, 4th to invited industry-specific financial and strategic investors, policy makers, legislators and media . Innovator Capital, London specialist investment bank, hosts the annual invitation-only event . CleanEquity Monaco s regional host is the Monaco Chamber of Economic Development . Other local partners include Prince Albert II of Monaco s Foundation, the Monte Carlo SBM, and the Stelios Philanthropic Foundation . Collaborators for the 2010 event include Arup, Covington and Burling LLP, the Hugin Group, Invest Securities, Royal Philips Electronics NV and the UNEP Fi . "Deinove is pleased to present its recent development and corporate strategy at the world-renowned CleanEquity Monaco 2010 . This would be a great opportunity for us to present our breakthrough industrial microbial processes for the production of 2nd-generation biofuels, chemical commodities and compounds of industrial interest using Deinococcus and other radio-resistant bacteria", emphasized Deinove CEO Jacques Biton . About DeinoveDeinove was incorporated in late 2006 under the joint impetus of Philippe Pouletty MD (Managing Partner at the private equity firm Truffle Capital) and Miroslav Radman PhD (Professor of Cell Biology at Paris-Descartes University, a member of the French Academy of Science and winner of the 2003 INSERM Prize for Medical Research) . Professor Radman elucidated and patented the genetic mechanism behind the extraordinary biodiversity and robustness of the bacterium Deinococcus, on which Deinove s innovative strategy is based . Deinove is dedicated to the development and commercial exploitation of innovative technological processes for the production of biofuels and other compounds of industrial or pharmaceutical interest by exploiting the Deinococci s exceptional natural properties . Deinove intends to leverage its proprietary bacteria, technologies and processes by outlicensing to industrial partners . Deinove has forged several strong collaborations with leading academic laboratories at Paris-Descartes University (Miroslav Radman and Ivan Matic), IGS-CNRS Marseille (Jean-Michel Claverie), CPBS CNRS-University of Montpellier (Jean-Paul Leonetti) and INSA Toulouse (Carole Jouve and Gérard Goma) . To date, Deinove has received a total of E3 . 4 million in equity investment from Truffle Capital and received E8 . 9 million in funding (including E6 million for Deinove) from the French government s Strategic Industrial Innovation programme . The other project partners are Tereos (Europe s leading bioethanol producer), its BENP Lillebonne and Syral subsidiaries and two academic labs . The DEINOL project s goal is to pioneer ways of producing lignocellulosic ("second-generation") ethanol in existing industrial installations and without the need for massive additional investment . Deinove currently employs 14 staff . The company is headquartered in Paris and operates laboratory facilities at the Cap Alpha technology park in Montpellier, as part of its collaborative work with expert academic labs . Press contactsALIZE RPCaroline CarmagnolTel . : +33 (0)6 64 18 99 59caroline@alizerp . comCharles CatherinotTel . : +33 (0)1 42 68 86 40charles@alizerp . comJuliette VandenbroucqueTel . : +33 (0)1 42 68 86 40Juliette@alizerp . comDeinoveAngelita de FranciscoBusiness DevelopmentTel . : +33 (0)6 07 15 28 87angelita@deinove . comCopyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#162936] |
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SCOR 10-02-2010 : SCOR mette a frutto la sua strategia: i rinnovi nel ramo non vita al 1° gennaio sono caratterizzati da una crescita in termini di volumi e dall aumento della redditività prevista Copyright (C) Hugin |
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Comunicato stampa10 febbraio 2010Per ulteriori informazioni contattare:Sylvain Fort +33 (0)1 46 98 71 39Head of CommunicationsAntonio Moretti +44 (0) 203 207 8562Investor Relations DirectorSCOR mette a frutto la sua strategia: i rinnovi nel ramo non vita al 1° gennaio sono caratterizzati da una crescita in termini di volumi e dall aumento della redditività previstaSCOR raccoglie i frutti dell attenzione rivolta alla redditività tecnica e del rafforzamento della sua posizione nel settore riassicurativo, combinando una crescita significativa dei premi e l incremento della redditività delle sottoscrizioni con variazioni dei prezzi globalmente positive, tanto da conseguire un ulteriore diversificazione e garantire allo stesso tempo un allocazione ottimale del proprio capitale . In un mercato generalmente equilibrato, SCOR è riuscita a mantenere una gestione attiva del proprio portafoglio, annullando i contratti che non rispondevano agli obiettivi di redditività previsti e sostituendoli con alternative adeguate . The key takeaways of this year s renewals are as follows:- On average, 3 percentage point improvement in the expected gross pricing Underwriting Ratio;- 7% rise in business volume at constant exchange rates to EUR 1,787 million, while applying an underwriting policy geared towards increased expected technical profitability;- Positive weighted average price increase of 2% across the portfolio;- 7% of total premiums up for renewal cancelled and more than adequately replaced by increased shares and new business showing better profitability expectancy, from existing and new clients;- Reaffirmation of the strength and depth of SCOR s business franchise, with minimal cedent attrition of less than 1% and increased shares and new business from existing and new clients;- Further increase in non-proportional business (36% vs . 35% in 2009) with improved geographical diversification through selective growth in the Americas (17% vs . 15%) and Asia-Pacific (5% vs . 4%);- SCOR Global P&C s gross written premium projection for the 2010 accounting year is approximately EUR 3 . 5 billion (compared to the 2009 figure of E 3 . 26 billion);- Net Combined Ratio for the 2010 accounting year is expected to trend towards 96% . Victor Peignet, Chief Executive Officer of SCOR Global P&C, comments: "Portfolio management, profitability and growth characterize SCOR s 2010 renewals . Further executing on portfolio management, SCOR Global P&C expects an improvement in the technical profitability of its portfolio, having withdrawn from business that did not meet profitability targets and more than adequately replaced it with business showing greater performance expectancy . I am satisfied that, thanks to our teams and in line with our original expectations for the SCOR Global P&C renewals, we have been able to achieve an overall positive change in prices . The performance at the 1/1 renewals comforts us in our projection of a net combined ratio for 2010 trending towards 96%" . Treaty P&C renewalsThe total volume of premiums renewed at 1 January 2010 increases by 3% to EUR 1,315 million, against EUR 1,275 million up for renewal (76% of Treaty P&C annual volume) . 8% (EUR 106 million) of Treaty P&C premiums up for renewal were cancelled, with a further 2% restructured, demonstrating our active policy of portfolio management . SCOR Global P&C has compensated for this with new business acquired from existing and new clients (EUR 66 and EUR 34 million respectively) and with increased shares on renewed business (EUR 38 million) . The positive price impact, notably on non-proportional business (slightly above 3%), leads to an increase in premium volume of EUR 32 million . Our continued portfolio management and drive for technical profitability generate an improvement in the expected gross pricing UW ratio of approximately 2 percentage points . Geographic rebalancing of Treaty P&C portfolio towards the Americas and Asia-PacificSCOR records a stable business volume in the EMEA zone (Europe, Middle-East and Africa), with written premiums of EUR 1,020 million compared to EUR 1,021 million in 2009 . There are, however, significant differences between markets due to local conditions and measures taken by SCOR to ensure that internal profitability targets are achieved . In Germany and the UK, business declines by 14% and 29% to EUR 174 million andEUR 65 million respectively . The main reasons for this shift are voluntary reductions in German Property and Motor Proportional business and in British Motor Non-Proportional business, partly offset in Germany by some increases in Property Non-Proportional business . In the Middle East and Africa, business volume increases by 19% to EUR 135 million, thanks to new developments in the Middle East (e . g . Saudi Arabia) and in South Africa on short-tail business . Significant increases are also recorded in the Americas (+15%), concentrated in the US regional clients target segment . Canada and Central America renew within an unchanged positive profitability environment, whilst a careful stance is taken in the Caribbean and South American markets . In Asia-Pacific, SCOR Global P&C experiences significant growth thanks to our re-established local presence in Australia and new developments in Pakistan . Underwriting in China remains very selective . Bearing in mind that in this region only around 27% of Treaty P&C premiums are up for renewal at 1 January 2010, since Japan, Korea and India will renew their programmes on 1 April 2010, volume increases by 19% to EUR 67 million . Continued shift towards more non-proportional business in the Treaty P&C portfolioProportional reinsurance shows a slight increase from EUR 835 million to EUR 842 million, while non-proportional increases more significantly from EUR 440 million to EUR 472 million . SCOR Global P&C reduces the volume of proportional business in certain markets and lines (e . g . Germany Property and Motor), whilst increasing the non-proportional business volume (e . g . Germany, France and Benelux), applying a disciplined underwriting policy in accordance with its profitability objectives . The natural catastrophe Property book, which represents around 15% of SCOR s total Treaty P&C volume, shows a significant increase of 9%, rising from EUR 175 million in 2009 to EUR 192 million in 2010 thanks to a positive balance between premium income growth in countries benefiting from a favourable pricing trend (such as France and Spain) and a reduction in territories offering less attractive terms (e . g . the Caribbean & South America) . Specialty TreatySCOR s franchise is once again fully affirmed and Specialty Treaty business has grown significantly, with premiums up by 20% to EUR 472 million from EUR 394 million up for renewal (62% of annual volume) . SCOR s teams thoroughly compensate for 4% or EUR 17 million of business cancelled, by writing EUR 34 million of additional business with existing clients and EUR 11 million with new clients . New shares on existing programmes increase premium volume by EUR 28 million . Improved prices and market conditions lead to an increase in premium income of EUR 7 million . The continued portfolio management and drive for greater technical profitability are expected to generate an improvement to the gross pricing UW ratio of almost 6 percentage points, mainly driven by improvements in Credit and Aviation lines . Continued selective growth in Specialty Treaty business, leveraging on franchise, network and global approach synergies with Treaty P&CSCOR exercises very active cycle management with regard to Specialty Treaty business, taking advantage of the diversification benefits offered by this business segment . Credit & Surety business grows strongly from EUR 105 million to EUR 135 million, representing an increase of 29% . This segment is marked by double-digit price increases in Credit combined with a further reduction in acquisition costs . With premiums written in 2010 amounting to EUR 102 million, Engineering records an increase of 23%, driven by continued development in a stable pricing environment, albeit at a more challenging time in view of the worldwide investment slowdown . Transport & Marine and Agriculture lines also record strong premium volume increases (+20% and +18% respectively) to reach EUR 71 million each . Aviation & Space Treaty business (excluding GAUM) benefits from better pricing, notably on proportional, and increases its volume by 11% to EUR 29 million . In a competitive large corporate segment facing price reductions driven by over-capacity, following a year of very low claims activity, Business Solutions maintains the volume of its business (EUR 123 million for the fourth quarter 2009 and January 2010 renewals compared to EUR 120 million for the same period twelve months earlier) . SCOR Global P&C s gross written premiums for the 2010 accounting year are expected to grow at a pace similar to that of 2009, to reach approximately EUR 3 . 5 billion at today s exchange rates from EUR 3 . 26 billion in 2009 . 2010 Net combined ratio is expected to trend towards 96% . ** *Definitions:- Total premiums up for renewal: premiums of all Treaty contracts incepting in January 2009 at the exchange rate as at December 31, 2009- Cancelled/restructured: client or SCOR decided to cancel the business/programs and/or to change their programs (e . g . from proportional to non-proportional)- Underlying volume x price changes: combined effect of variations in underlying primary volume, in exposures and/or in rates- Exposure change: refers to the change in risk for the SCOR portfolio- New business with existing clients: existing client decided to place new business/programs and/or to change their programs (e . g . from proportional to non-proportional)- New clients: acquisition of new clients- Share variation: client or SCOR decided to reduce or increase the share participation (e . g . SCOR increases share with client X from 10% to 20%)- Total renewed premiums: premiums of all Treaty contracts incepting in January 2010 at the exchange rate as at December 31, 2009- Gross Underwriting Ratio: for pricing purposes, on an underwriting year basis: the sum of the expected loss ratio and the acquisition cost ratio (cedent s commission and brokerage ratios), excluding internal expenses- Net Technical Ratio: on an accounting year basis: the sum of the loss ratio after retrocession and the acquisition cost ratio (cedent s commission and brokerage ratios)- Combined Ratio: on an accounting year basis: Net Technical Ratio plus internal expenses** *Forward-looking statementsSCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 of the European Commission . Thus, any forward- . looking statements contained in this communication should not be held as corresponding to such profit forecasts . Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact . Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend","may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could . " Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand . Additional information regarding risks, uncertainties and pending litigations is set forth in the 2008 reference document registered with the AMF under number D . 09-0099 ("Document de Référence") and subsequently updated in the half year report, both available on SCOR website www . scor . com . As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings . Copyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#162984] |
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UNIBAIL-RODAMCO SE 09-02-2010 : UNIBAIL-RODAMCO SE: risultati annuali 2009 Copyright (C) Hugin |
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UNIBAIL-RODAMCOComunicato stampa8 febbraio 2010Risultati annuali 2009Società immobiliare quotata leader in Europa22,3 miliardi di euro di portafoglio immobiliareUn approccio selettivo orientato ad asset di alta qualità in Europa9,19 E Utile per azione ricorrente (+7,1%)Comparato al 2008 grazie a una salda performance operativa128,20 E NAV/azione interamente diluito liquidatoDiminuzione dell attivo netto rivalutato (-2,7% rispetto al 30 giugno 2009) grazie a un ulteriore crescita del rendimentoLoan-to-Value (LTV) 32%Una struttura finanziaria solida improntata alla flessibilitàCOSTRUIRE IL FUTURO"Il Gruppo conclude il 2009 con una solida crescita degli utili,in linea con le proiezioni, a dispetto di una situazione economica negativa . The limited impact of the crisis on these results is primarily due to the high quality of the underlying asset base . In addition, the Unibail-Rodamco teams played a key role through their unrelenting efforts to turn each of the Group s assets into a place that makes a difference in the eyes of both tenants and visitors . "Guillaume Poitrinal, CEO and Chairman of the Management BoardResilient operational performance in the economic downturnRecurring Earnings per share grew in line with expectation to E9 . 19/share, a 7 . 1% increase over 2008, as a consequence of growth in rental income and contained cost of debt . The Group is in a position to maintain its high distribution (87% of recurring net earnings), and will propose a E8 . 00/share distribution, to be paid in full on May 10, 2010 . Net rental income growth reflecting the resilience of prime assetsThe number of visits to the Group s centres was stable, while retailers saw a drop in sales with 1 . 9% . However, there were few tenant defaults with hardly an increase in vacancy (1 . 9% at year-end versus 1 . 8% at year end 2008) . The shopping centre sector has continued to show a positive net rental income growth of 6 . 1%, with 3 . 9% like for like growth (due to indexation, low vacancies and minimum guaranteed rents uplifts of 21% on relettings and renewals) . The office sector net rental income contracted with 4 . 2% as a result of divestments, while its like for like performance showed a 9 . 1% increase, due to successful leasing activity and favourable indexation . Decreasing Net Asset ValueDuring the year, the Net Asset Value per share decreased by 15 . 2% to E128 . 20 . This was almost entirely due to property yield expansion, and mostly concentrated on the first half of the year . During the second half, the property markets saw a recovery of interest from investors and the appraised asset values have been stabilising . Good access to funding throughout the financial crisisThe Group relied on a variety of funding sources throughout the year, raising E2 . 1Bn from bank, convertible bond and bond markets and E0 . 7Bn of additional liquidity from disposals . The Loan to Value ratio stood at a solid 32% at year-end 2009, in spite of the 9 . 8% like for like decrease in Gross Market Value of the portfolio . A positive medium to long term outlookWhile 2010 starts with tangible signs of recovery, it will be a year of transition, with low or even negative indexation, the impact from divestments achieved in 2009, and limited deliveries of new assets in 2010 . Against this backdrop, the Group gives a recurring earnings per share growth outlook for 2010 of 0% to 2% . Beyond 2010, the Group expects to see renewed momentum for growth based on the growing appeal of its large centres and the delivery of projects from the E5 . 6 billion development pipeline . With a conservative Loan to Value ratio and significant available funds, the Group is ideally positioned to seize the best acquisition opportunities, as proven by the recently announced acquisition of the Simon Ivanhoe asset portfolio in Poland and France .
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BOMBARDIER TRANSPORTATION 09-02-2010 : Nuovo ordine di treni BOMBARDIER TALENT 2 per Berlino e Brandeburgo Copyright (C) Hugin |
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Deutsche Bahn aggiunge 48 treni con veicoli a configurazione variabile a partire dal dicembre 2011 . BERLINO, GERMANIA--(Marketwire - 8 febbraio 2010) - Bombardier Transportation fornirà altri 48 treni TALENT 2 a Deutsche Bahn (DB) AG . Il valore di quest ultimo ordine ammonta a circa 200 milioni di euro (272 milioni di dollari) e porta a 176 il numero di veicoli TALENT 2 ordinati finora da DB . I nuovi treni circoleranno sulla rete di trasporto Berlino-Brandeburgo (Verkehrsverbund Berlin-Brandenburg - VBB) e saranno gestiti da DB Regio, che utilizzerà i treni TALENT 2 per servire gran parte della rete VBB a partire dal dicembre 2011 . Dr . Klaus Baur, Chairman of the Managing Board of Bombardier Transportation Germany, said: "We are very proud that the TALENT 2 will also contribute to the transportation concept for the capital s new international airport . DB Regio has now ordered 176 trains for service in eight federal states from the framework contract . This shows how well this vehicle system can be adapted to different requirements . "The vehicles for VBB will operate on the routes Magdeburg - Brandenburg - Berlin - Frankfurt/Oder - Eisenhuttenstadt - Cottbus and Dessau - Belzig - Berlin - Wunsdorf-Waldstadt and later Senftenberg . On the route RE 9 the TALENT 2 trains will also be servicing the capital s new airport, Berlin Brandenburg International . The fleet consists of 26 three-car and 22 five-car vehicles . They will be delivered between 2011 and 2012 . As station platforms within the VBB-network vary, 2 three-car trains and 19 five-car trains will have an entry platform height of 600 mm . The remaining trains will have an entry platform height of 800 mm . Back in February 2007, Deutsche Bahn AG and Bombardier Transportation had signed a framework agreement to supply up to 321 vehicles . The previous seven call-offs comprising 128 electrical multiple units are intended to be used:- for the Nuremberg suburban rail network- on the Moseltalbahn between Koblenz and Trier/Perl- on the Cottbus-Leipzig route- for the Rhein-Sieg-Express between Aachen and Siegen- on the Franconia electrical network (E-Netz) between Nuremberg, Bamberg and Wurzburg as well as between the cities of Sonneberg, Saalfeld and Jena in South Thuringia- for the Central Hesse Express on the lines between Frankfurt/Main - Giessen - Treysa/Dillenburg as well as between Hanau - Frankfurt - Giessen- on the Saxonia line between Dresden, Riesa and Leipzig . A major feature of the recently developed TALENT 2 Electrical Multiple Unit platform (the 442 series) is its modular concept which includes a high degree of standardisation . The trains offer an almost unlimited level of flexibility in terms of configuration, along with cost-effectiveness and cost transparency . The innovative, modular construction principle allows for countless variants of the same train type . The two- to six-car trains can be equipped with a wide variety of technical modules, depending on whether they are to be used as commuter or regional express trains . A scalable traction output provided by the BOMBARDIER MITRAC propulsion and control system makes the train particularly energy-efficient and easily adaptable to the frequent acceleration and braking phases in the commuter sector, as well as to the demands of the regional rail network . About Bombardier TransportationBombardier Transportation, the global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility . BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance . Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries . It has an installed base of over 100,000 vehicles worldwide . About BombardierA world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc . is a global corporation headquartered in Canada . Its revenues for the fiscal year ended Jan . 31, 2009, were $19 . 7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD) . Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes . News and information are available at www . bombardier . com . Note to EditorsA photo is available on our web site at: http://www . transportation . bombardier . com . BOMBARDIER, TALENT, MITRAC and ECO4 are trademarks of Bombardier Inc . or its subsidiaries . Contacts:Canada and United States: +1 450 441 3007Talal Zouaoui, talal . zouaoui@ca . transport . bombardier . comGermany, Austria, Switzerland, Centraland Eastern Europe: +49 30 98607 1134Heiner Spannuth, heiner . spannuth@de . transport . bombardier . comNordic Countries: +46 10 852 5062Jonny Hedberg, jonny . hedberg@se . transport . bombardier . comRussia: +7 495 775 1830Alexander Bocharovalexander . bocharov@ru . transport . bombardier . comUK, Ireland, Australia, New Zealand, other countries:+44 1332 266470Neil Harvey, neil . harvey@uk . transport . bombardier . comBenelux: +32 2289 7312Janet Olthof, janet . olthof@fr . transport . bombardier . comFrance: +33 6 07 78 95 38Anne Froger, anne . froger@fr . transport . bombardier . comSouth Europe, Brazil and India: +35 1 919 693 728Luis Ramos, luis . ramos@pt . transport . bombardier . comwww . theclimateisrightfortrains . comCopyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#162914] |
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