New ODU Production Site In Sibiu

The new production hall was completed right on time at the end of September last year and successfully approved by local authorities. The move into the brand-new ODU Romania facility in Sibiu was successful and a smart one. The new building offers far more production space (+ 30% in phase 1), with short paths and a clear structure, providing a great deal of flexibility and room for further expansion.

„One of the challenges was to design our very first green field production site outside of Germany,” explains Adrian Costin, Managing Director of ODU Romania in Sibiu. “It worked out 100 % and the production site is working 100 % within the international production network of the ODU Group.” The ODU Group is one of the leading international suppliers of connection systems, data and signal transmission systems. For more than 75 years, ODU has been developing electrical connectors, an essential part of our day-to-day life. Without connectors, no smartphone, appliance or medical equipment would be able to function. Without connectors, cars could not start and industry would not work automatically. Connectors are in numerous applications and areas and it takes just one close look to see that above all, connector technology must be reliable.

The original ODU location in Sibiu was set-up in 2006 operating under the name ODU Romania Manufacturing S.R.L. The new site is situated very close to the international airport of Sibiu, easily accessible and close to the city center. More than 550 people work for ODU in Sibiu.

The company is continuously evolving into a competence center for connectors and cable assembly. Thanks to innovation, continuous improvement and high quality production processes, the manufacturing unit is expanding.

The new and modern production unit in the new industrial park in Sibiu covers the size of 48.000 qm². The production equipment is according to the latest ODU standards securing the high quality standard. It includes social spaces, a cafeteria and 120 parking spaces. „For ODU a good workplace represents an environment where people can grow and the word “team” has a deeper meaning. The values promoted are an open organizational culture and personal development“, says Costin.

ODU is an employer that recognizes and awards professional performance in a company that provides safety and supports individual needs accordingly to governing principles: reliability, equity, responsibility and quality are reference points for cooperation within the company.

The ODU Group headquarter is located in Mühldorf am Inn (Bavaria). From there, the company sells its products all over the world, since „Made in Germany” is an important feature on foreign markets.

Besides the Mühldorf location, ODU has three other international production units in, San Diego (USA), Shanghai (China) and Tijuana (Mexico).

The distribution network includes ten sales companies in Germany, France, Italy, Denmark, Sweden, Great Britain, China, Japan, Korea and the USA. ODU has over 2.300 employees globally and generates annual revenues of 200 million euros.

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LogiMAT 2019 – First-hand conveyance technology

International equipment and system manufacturers from the conveyance technology industry are converging on Stuttgart for the 17th edition of LogiMAT to unveil their latest product and system innovations for today’s intralogistics material flow. Exhibitors are due to present a diverse selection from their growing product lines, illustrating the latest trends in product development and highlighting the growing sophistication of industry requirements around software, AGVs, and robotics.

Equipment and system manufacturers from around the world are gathering for the 17th International Trade Show for Intralogistics Solutions and Process Management, bringing along products and services for warehouse and conveyance technology that illustrate the industry’s current positioning and future direction. This exhibitor group, traditionally the strongest at LogiMAT, will occupy Hall 1 (including the gallery) plus Halls 3, 5, and 7 this year. The diverse portfolio of innovations and other optimizations from established system architectures and material flow components ranges from equipment and process optimizations of traditional static warehouse technology to automated conveyance technology, fully automated system solutions, automated guided vehicles (AGVs), robot-guided picking solutions, and software systems for material flow control and warehouse management. The system architectures focus on end-to-end process automation with scalable options for optimized production processes of small quantities – right down to fully customized manufacturing of individual products.

Just as diverse as the products on display is the corporate culture of the exhibitors: “The exhibitors at the 17th LogiMAT once again represent a cross-section of cultures in the industry, from global all-rounders integrating complex logistics systems to smaller businesses specializing in custom equipment and system components,” notes Michael Ruchty, LogiMAT Exhibition Director at event organizer EUROEXPO Messe- und Kongress-GmbH in Munich. “And the trend we’ve seen for several years now continues – namely, that the big players in particular continue to expand their hardware portfolios while also cultivating a market presence for software, complete with dedicated business units for in-house development, offering warehouse management systems that go far beyond system controllers and material flow computers.” Aberle, Knapp, SSI Schäfer, Vanderlande, Viastore are among the exhibitors who are not only bringing system and conveyance technology to Stuttgart but in some cases are actually renting additional booth space among the software companies in Hall 8 to showcase their warehouse management and process control systems.

On the hardware end, the focus among the international exhibitors is on innovations in the areas of robotics, AGVs, and shuttle technology – in other words: mobility and flexibility in the warehouse. The US logistics startup 6 River Systems from Boston (Hall 1, Booth K37), founded by former executives from Kiva Systems (now Amazon Robotics), is introducing European audiences to its collaborative mobile fulfillment robot Chuck. The AI-guided solution is designed to offer a cost-effective alternative to traditional warehouse automation and boost picking rates by 200 to 300 percent over manually operated pick carts. Beijing Geek+ Technology Co., Ltd. (Hall 7, Booth C51), China’s leading provider of warehouse and logistics robotics, is coming to Stuttgart with the latest version of the Geek Picking System, an integrated robotic sorting system, including the P800 picking robot with a load-carrying capacity of up to 1,000 kg and operating temperature range of -22° to 122° C. Vanderlande Industries GmbH (Hall 1, Booth J21 and Hall 2, Booth A05) introduces the latest collaborative robot (“cobot”) in its smart item robotics (SIR) series, which can handle dynamic product lines without preliminary SKU teaching – an automated item-picking solution that works alongside humans.

The investments that customers must make to keep up with digital innovation, automation, and e-commerce are driving developments and boosting the revenues of system providers. Meanwhile, rapid technological developments necessitate the ability to constantly adapt the system layout, material flow design, and system configuration. Shuttle or AGV solutions and tugger trains are increasingly deployed to accommodate dynamic, fully automated warehouse systems and intralogistical transports with both containers and pallets. Here, the 17th LogiMAT offers many innovations and new product launches. Storax Ramada (Hall 1, Booth L70), for example, is bringing the latest version of its Ranger shuttle system to Stuttgart, while Savoye is presenting its Intelis PTS shuttle system specifically for the frozen food industry on the gallery level in Hall 1 (Booth OG30), and Knapp AG (Hall 3, Booth B03) is showing the new version of its OSR shuttle system Evo.

Typically, shuttles pass containers and pallets to stationary conveyance technology systems. But AGVs and transport shuttles are being deployed as an increasingly popular, barrier-free alternative for transports outside fully automated warehouse systems. Trapo AG (Hall 5, Booth D37) is coming to the 17th LogiMAT to unveil the Trapo Transport Shuttle (TTS), which works autonomously and can also communicate and collaborate with the Trapo Warehouse Shuttle (TWS). EXOTEC Solutions SAS (East Entrance, Booth EO30) is displaying its multi-dimensional Skypod robot shuttle system, which transports containers and can place them on shelves up to 10 meters high. Propoflex UG (Hall 1 gallery, Booth OG06) is bringing the latest developments in its mobile shelf systems.

Another trending technology in warehousing and intralogistics driven by e-commerce is overhead conveyor systems with pouch sorters. The companies currently making a name for themselves in this segment include SSI Schäfer (Hall 1, Booth D21) and psb intralogistics GmbH (Hall 1, Booths B04 and B07). Also on display are new compact systems like the Storojet storage and picking system, which ICO Innovative Computer GmbH (East Entrance, Booth EO40) is calling the world’s first automated multi-level shelf storage system.

Nor has the pace of innovation slowed among traditional warehouse and conveyance technologies or their components: The innovations and breakthroughs at LogiMAT 2019 include new light-duty conveyor systems (Blume-Rollen GmbH, Hall 3, Booth B77), pallet inspection machines (CCI Fördertechnik GmbH, Hall 3, Booth C46), sorters for small and lightweight items (EuroSort Systems B.V., Hall 3, Booth D52), innovative plastic modular conveyor belts and flat belts (Forbo Siegling GmbH, Hall 3, Booth A01), and new transfer cars whose integrated-hub rotation forks accommodate all types of unit load devices for ground-level load transfer (AFB Anlagen- und Filterbau GmbH & Co. KG, Hall 3, Booth C79). Zhejiang Damon Technology Co. Ltd. from China (Hall 1 gallery, Booth OG24) is exhibiting several new products, including its IoT-based modular conveyor platform i-G5. LT Fördertechnik GmbH (Hall 5, Booth F20) is centering its trade show presentation around a new Pegasus-class automated storage and retrieval system for automatic small-parts storage areas. Visitors to Stuttgart can also discover a wide range of products for niche areas and specialized applications, such as the new electric heavy-duty roll-out shelf system model 5003 from Lützenkirchen Lagertechnik GmbH (Hall 1, Booth K11).

Looking at the above examples, we see that among material flow solutions for the warehouse, automation and digital technology are setting the trends in conveyance technology and systems engineering developments. When it comes to designing systems and material flows, the top priority is variable systems and flexibility in the scalability of solutions. The range of options and spectrum of components that each exhibitor offers is as broad as the needs of the various customers. “In all areas – from new standalone components to the latest trends in fully automated systems – the 17th edition of LogiMAT offers one-stop shopping and the opportunity for a side-by-side comparison of the latest innovations and forward-looking solutions from all major manufacturers worldwide,” concludes LogiMAT’s Exhibition Director Ruchty. “A unique industry overview where industry professionals from around the world can find the right system for every intralogistics process.”

Event organizer: EUROEXPO Messe- und Kongress-GmbH
Joseph-Dollinger-Bogen 7 | 80807 Munich, Germany
Phone: +49 89 32 391 259 | Fax: +49 89 32 391 246
www.logimat-messe.de | www.tradeworld.de

About LogiMAT
LogiMAT 2019, the 17th International Trade Show for Intralogistics Solutions and Process Management, takes place February 19–21 on the grounds of Messe Stuttgart, directly adjacent to Stuttgart International Airport. LogiMAT, the world’s largest intralogistics trade show, offers a comprehensive overview of everything driving the intralogistics industry, from procurement to production to shipping. International exhibitors gather early in the year to showcase innovative technologies, products, systems, and solutions for streamlining operations, optimizing processes, and cutting costs in a company’s internal logistics.

TradeWorld, the Professional Platform for Trade Processes embedded within LogiMAT, features products and solutions for e-commerce and omnichannel. Beyond the exhibitor booths, visitors to this combined event can also experience a different program of presentations each day covering a wide range of topics.

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Fossil and Biofuel Research Safeguards Sales Markets

Biodiesel and bioethanol are by far the most important alternative sustainable fuels in Germany and the European Union, not only today, but also in the years ahead. In Germany alone, they contributed about 7.7 million t CO2 equivalent towards greenhouse gas reduction in 2017. These biofuels are also by far the most important alternative fuels for attaining national energy and climate protection targets in transport on a global scale. Their ever-increasing importance is reflected in the statutory framework conditions for increasing admixture levels in the USA, Brazil, Argentina, as well as Malaysia and Indonesia. As a basic precondition for market access, this biofuel or different fuel mixtures must fulfil requirements relating to engine systems and emission laws at the same time.

In light of this, comprehensive biofuel system research is essential as a market-associated measure so that anticipated potentially negative interactions of the fuels – not only with each other, but also with engine components – can be evaluated and eliminated.  Approvals for different fuel mixtures determine the international or worldwide market development. While the relevant industry groups are implementing or have to implement the required statutory requirements under emissions law in the European Union, elsewhere political pressure is mounting to anchor technological concepts and biofuels in the market. Their market success is also established in the fact that this can be integrated comparatively easily in existing distribution systems and does not therefore lead to any additional investment costs or subsidies from tax revenues, in contrast to hydrogen technology or e-mobility.

In light of this, sustainable biofuels – optimised with greenhouse gases in mind – not only need to be developed further by systematic accompanying research, but also beyond this as a globally significant admixture component, while also examining synergy effects wherever possible. In view of the highly ambitious target time framework, climate protection measures cannot afford to dispense with existing and viable future options, especially in the transport sector that is continuing to grow globally. Against this background, scientists are presenting select research topics and results in the parallel forum “Biodiesel” of the 16th International Conference”, moderated by Dr Jürgen Krahl, Chairman of the UFOP Expert Commission “Biofuels and Renewable Resources”.

Dr Thomas Garbe, Volkswagen AG, explains in his presentation the significance of biodiesel as part of the solution for future mixed fuels. The focus here is on oxymethylene ether (OME), a renewable fuel that could play an increasing role in the renewable fuel mix long-term.Martin Kortschak from the Technology Transfer Center for Automotive Technology of Coburg University of Applied Sciences (TAC) discusses the influence of biofuels on emissions in conjunction with the so-called RDE test (Real Driving Emission) as an effective tool for fuel development.Dr Lukas Möltner, MCI Management Center Innsbruck, explains the consequences resulting from the ageing of biodiesel on oxidation mechanisms and engine usability and in the required countermeasures.The significance that the ageing process can have on various petrol and diesel fuels for black in-hybrid routes is outlined by Anja Singer from the TAC Coburg in her presentation.

In view of the international importance of biodiesel and bioethanol, it must be stressed that these research results are not only important for the German and European market, but are also of global interest because the engine requirements due to vehicle changes are also set to become stricter in key production and application countries in North and South America as well as in Asia. The Conference is therefore oriented towards all international research and industry groups interested in marketing as well as research and development in the field of biofuel production and application. The Conference offers an ideal platform for bringing science and industry together in this context.

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init innovation in traffic systems SE: Handy Ticketing erobert Deutschland

More than one million users on cross-regional mobility platforms

  • Roughly 20,000 new users are added every month
  • Around 50 partners from transport association and transport companies connected
  • init group is the market leader in public transport in Germany
  • High double-digit growth rates in mobile ticketing revenues

It’s been a long journey – but mobile ticketing is now booming in Germany: "HandyTicket Deutschland", the leading cross-regional mobility platform for German public transport, has now welcomed its millionth user – and is gaining roughly 20,000 users every month. "Some 50 partners from transport associations and companies throughout Germany are offering this innovative service to their passengers. We are experiencing double-digit revenue growth rates with the mobile ticketing platform and we anticipate the use of HandyTicket Deutschland to continue to rise further. ," comments Dr Jürgen Greschner, Chief Sales Officer of init innovation in traffic systems SE, whose wholly owned subsidiary HanseCom developed the platform.

Every public transport user in Germany is familiar with the problem: you have to purchase a specific ticket for each city and each transport association. This makes travelling by bus or train complicated and less attractive. Mobile ticketing can provide a solution. However, it is often the case here too that you have to register specifically with each provider. Passengers that frequently commute between different regions need to have a dozen or so apps with separate passwords on their mobile phones. This is then followed by a billing procedure that is not easy to understand.

One stress-free ticketing app

HandyTicket Deutschland relieves passengers of this stress. Just one app gives you blanket access to the tickets of around 50 partners from transport associations across Germany. Your billing is also completely transparent and available to you in whatever mode you choose. And if the transport association allows it, with a "best price guarantee".

The sign-up of the millionth registered user highlights the success story of HandyTicket Deutschland as what is now the leading mobility platform. It is continuously extending its coverage. SNG Suhl/Zella-Mehlis, TriRegio in the border triangle, Hofbus in Hof, Hamburger Verkehrsverbund HVV and Karlsruher Verkehrsverbund KVV will be added shortly.

The advantages for the HandyTicket Deutschland partners are obvious: You do not have to make any high initial investments, a fair and transparent commission model is in place, you retain sovereignty over all customer data, your offerings provide you with access to one million users at present, you can integrate any number of multi-modal offers such as car or bike sharing as well as combination deals such as parking tickets, refuelling options, concert tickets or leisure cards.

"HandyTicket Deutschland is thus the most comprehensive mobility platform for public transport in Germany. Together with our additional system components and experience in ticketing projects in countries as diverse as Finland, the UK, Australia and the US, we can offer our customers and their passengers real added value. We make ticketing smart and are therefore on track to set ourselves apart as a system partner and full-services provider for fares and payment management with transport associations and companies worldwide," summarises Jürgen Greschner.

HanseCom:

HanseCom, a subsidiary of init group, develops software solutions for the public transport sector. The company is an expert in the field of cross-regional, mobile ticketing, urban mobility platforms and customer management systems. With many years of experience in the industry, HanseCom supports more than 60 transport companies and associations in managing their sales processes and the sale of mobile tickets. HanseCom’s product portfolio includes the PT customer management system and the national, mobile ticketing platform HandyTicket Deutschland, which has been successfully established on the market for more than ten years. HanseCom has its headquarters in Hamburg, Germany. Further information is available under: www.hansecom.com

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Transaction volume in 9M/18 increased by 44.2 percent

Wirecard AG had an extremely successful third quarter and first nine months of the current 2018 fiscal year.

Transaction volumes processed through the Wirecard platform grew in the first nine months of 2018 by 44.2 percent to EUR 90.2 billion (9M/2017: EUR 62.5 billion).

In this period, consolidated revenues increased by 41.4 percent to EUR 1.4 billion (9M/2017: EUR 1.0 billion). In the first nine months, earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 38.0 percent to EUR 395.4 million (9M/2017: EUR 286.6 million).

In the third quarter of 2018, consolidated revenues for the Group increased by 34.8 percent to EUR 547.1 million (Q3/2017: EUR 405.9 million). EBITDA increased by 36.3 percent to EUR 150.1 million (Q3/2017: EUR 110.1 million).

Earnings after tax increased in the nine month period 2018 by 48.5 percent to EUR 250.2 million (9M/2017: EUR 168.5 million).

The cash flow from operating activities (adjusted) amounted to EUR 310.1 million. Free cash flow increased by 42.0 percent to EUR 257.3 million (9M/2017: EUR 181.2 million).

Wirecard CEO Dr. Markus Braun commented: "We expect strong business growth in both the fourth quarter of 2018 and also the coming 2019 fiscal year."

In view of the strong business performance, the Management Board has increased its EBITDA forecast for the 2018 fiscal year to between EUR 550 million and EUR 570 million (previously EUR 530 million to EUR 560 million).

The Q3/9M 2018 Interim Report as of 30 September 2018 is available on the company’s website at: ir.wirecard.com/financialreports

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OMADA A/S to receive strategic investment from CVC Capital Partners‘ Growth Fund and GRO Capital

 Omada A/S (“Omada” or the “Company”), a global leader of Identity Governance and Administration (“IGA”) software and services, today announced that CVC Capital Partners’ Growth Fund (“CVC Growth Partners” or “CVC”) and GRO Capital (“GRO”) have agreed to become new majority shareholders and provide further capital into the Company to accelerate growth.

CVC Growth Partners and GRO will partner with Omada’s management team to further accelerate Omada’s product innovation, grow its partner network in North America and Europe, enhance sales and marketing efforts, as well as continue expanding its strong position in Europe and building greater depth in the North American market.

Omada is headquartered in Copenhagen, Denmark, with over 270 employees across offices in Europe and North America. The Company helps its customers globally to govern and control users’ access rights to enterprise systems and data, reduce risk of accidental or wrongful data access, and ensure compliance with regulation (such as GDPR) as well as industry-specific legislation.

Omada’s software platform, the Omada Identity Suite (“OIS”), is a best-in-class next generation IGA solution. OIS, together with the Company’s unique best practice process framework for identity management and access governance, enables enterprises to manage identities and govern their access on an ongoing basis across heterogeneous IT systems, including major IT vendor platforms delivered on-premises and in the cloud, and a number of legacy and modern applications. The demand for Omada’s offerings has been increasing globally along with customer awareness of potential solutions to their complex identity governance challenges, and the Company has grown revenues at a compounded annual growth rate of over 40% for the last 2 years.

“We are excited about the partnership with CVC and GRO and we look forward to working with them to fulfil our joint vision to serve the majority of enterprises of the world with our strong Identity & Access Governance solution”, said Morten Boel Sigurdsson, CEO and founder of Omada. “CVC and GRO represent a unique combination of competencies that will support our expansion in North America, Europe and other markets. The need for IGA solutions is rapidly increasing across markets as more and more organizations realize the need for a flexible IGA solution to protect them from hacking, insider threats, increased compliance requirements and the consequences of GDPR.”

“The increasingly complex IT world and more stringent compliance requirements globally will continue to drive strong demand for Omada’s next generation identity governance solution, as the Company has proven its ability to successfully solve complex problems for its customers”, said Sebastian Kuenne, who leads CVC Growth Partners in Europe. “Omada represents an exciting opportunity and is a perfect fit for our growth fund, which focuses on high-growth software and technology-enabled business services companies. We, together with GRO, are thrilled to partner with Morten and the entire executive team to expand Omada’s offering and global presence."

“We have followed Omada for close to a decade and are very impressed with the product and their blue-chip customer base. This investment is perfectly aligned with GRO’s strategy of investing in outstanding technology companies and helping accelerate their growth”, said Morten Weicher, partner at GRO Capital. “Morten Sigurdsson has built a very strong team and assembled a deep bench of highly skilled and ambitious individuals operating in a unique culture of teamwork, delivery, and customer service.”

With the entrance of CVC and GROC5 Capital (“C5”) will no longer be shareholders in Omada. “We are pleased to have contributed to the growth of Omada since 2015”, said Andre Pienaar, managing partner and founder at C5 Capital.

Morten Weicher, Sebastian Kuenne, Lars Dybkjær (Managing Partner of GRO Capital), and John Clark (Managing Partner of CVC Growth Partners) will join Omada’s board of directors.

Closing of the transaction is anticipated to take place in December 2018, and is subject only to mandatory competition approvals.

About CVC Capital Partners

CVC Capital Partners is a leading private equity and investment advisory firm. Founded in 1981, CVC today has a network of 24 offices and over 490 employees throughout Europe, Asia and the U.S. To date, CVC has secured commitments of over US$110 billion from some of the world’s leading institutional investors across its private equity and credit strategies. In total, CVC currently manages over US$50 billion of assets. Today, funds managed or advised by CVC are invested in c.70 companies worldwide, employing c.212,000 people in numerous countries. Together, these companies have combined annual sales of over US$74 billion.  For further information about CVC please visit: www.cvc.com.

About CVC Growth Partners

In 2014, CVC formed a new team to target smaller growth-oriented companies through its dedicated CVC Growth Partners fund. The fund focuses on middle-market high-growth companies in the software and technology-enabled business services sectors. The fund primarily targets equity investments between $50 million and $200 million in North America and Europe.

About GRO Capital

GRO Capital is a North European private equity fund with an exclusive focus on mature B2B software and tech enabled companies with strong growth prospects. GRO Capital serves as active owners developing portfolio companies with a view to create long-term value. The partners behind GRO Capital have been investors in more than 20 technology and software related companies. Omada is the first investment in GRO Fund II, a recently raised fund with a strategy to accelerate Northern European software companies. GRO Fund II has in its first closing received capital commitments from institutional investors and multi-lateral organisations, including leading Nordic institutional investors such as Danica Pension, Sampension and Dansk Vækstkapital II. Further, through the European Investment Fund, GRO Fund II benefits from the financial backing of the European Union under the European Fund for Strategic Investments set up under the Investment Plan for Europe. In addition to Omada, GRO Capital has in GRO Fund I invested in Auditdata, Boyum IT Solutions, Tacton Systems, Targit, Trackunit, and Trifork, all successful software providers. For further information about GRO Capital please visit: www.grocapital.dk

About C5 Capital

C5 Capital Limited (C5) is a specialist venture capital firm, focused on Innovative Technologies in Cyber Security, Artificial Intelligence and Cloud Computing. Headquartered in London, C5 also has offices in Washington, Munich, Luxembourg and Bahrain. For more information, visit: www.c5capital.com

 

 

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Wirecard AG: Preliminary results 9M/ Q3 2018

Within the first nine months and third quarter of fiscal 2018 Wirecard AG continued its positive development of revenue growth and operating profit.

Preliminary Group revenues after nine months 2018 increased at around 42 percent to EUR 1.447 billion (9M/2017: EUR 1.021 billion). In the third quarter 2018 revenues increased by 35 percent to EUR 549.2 million (Q3/2017: EUR 405.9 million).

According to preliminary figures earnings before interest, tax, depreciation and amortisation (EBITDA) improved by 38 percent to EUR 395.5 million (9M/2017:
EUR 286.6 million) in the first nine months of 2018. In the third quarter 2018 EBITDA increased, in comparison with the previous period, by approx. 36 percent to
EUR 150.1 million (Q3/2017: EUR 110.1 million).

The Management Board of Wirecard AG expects a strong business development in the fourth quarter 2018 and confirms its forecast for earnings before interest, tax, depreciation and amortisation (EBITDA) of between EUR 530 million to EUR 560 million.

All results are preliminary. The quarterly statement for the third quarter 2018 will be published on 14 November 2018.

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SFC Energy: PBF Group B.V. receives serial order for fully integrated laser power supply systems

  • Order is for LASY series power supplies by PBF in various configurations for ideally adapted number of channels in laser systems.
  • LASY series builds on PBF’s successful standard and semi-standardized High Power Platform for fast and cost-attractive customization.
  • Order amount in the middle six-digit EUR range. Annual revenue potential following system introduction in 2020: approx. EUR 2 to 3 million.

PBF Group B.V., Dutch subsidiary of SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, announces the receipt of a series order from their partner Schulz-Electronic GmbH, Baden-Baden, Germany: An international laser tool producer has ordered fully integrated LASY laser power supply systems for the direct operation of diode pumped fiber lasers used in material processing. The first series order amount is in the middle six-digit EUR range. Following system introduction in 2020, PBF expects annual revenues of EUR 2 to 3 million for the subsequent period.

Laser diodes require very stable, precise, often highly dynamic power supplies. PBF’s powerful power supplies feature an extremely high energy density solution for the highly sensitive laser diode loads. Dynamic load adjustment between grid connection and laser unit ensures optimum efficiency with the dynamic, fast pulsability required in laser systems. The power supplies also significantly increase total system performance and lifetime, enabling new and optimized applications.

The series order is the result of the success of PBF’s prototype power supplies in the customer’s laser systems. PBF developed the LASY laser power supply system on the basis of their successful standard and semi-standardized PBF High Power Standard Platform. The fully integrated plug & play solution combines a high performance PBF power supply with multiple pulsable current drivers, and eliminates the need for external modules the customer had to purchase separately in the past. Load current supply can be configured and scaled on demand, featuring attractive new options plus decisive cost, quality and service advantages.

“Our PBF LASY systems adapt flexibly to the different electric conditions of the producers’ respective laser diodes. In addition, they enable exact and precise dimensioning of the required electrical output power to meet existing circumstances”, says Hans Pol, Managing Director of PBF and President Industrial of SFC Energy. “This unbeatable flexibility, together with the attractive price and performance benefits, open up an increasing number of new applications and customer segments for our high performance power supplies. We see a substantial potential for them in the international laser industry and many other applications requiring ultimate flexibility and cost efficiency.“

Additional information on SFC Energy, PBF, and SFC Group’s portfolio of power electronics and power generation products at www.sfc.com and www.pbfgroup.nl. Additional information on Schulz-Electronic at www.schulz-electronic.de.

About PBF Group

PBF Group B.V., a company of SFC Energy Group, specializes in power supply solutions and special coils. The Company is active worldwide. PBF develops, manufactures, and markets highly reliable standard and semi-standard platform solutions for demanding requirements in laser and semi-conductor manufacturing equipment, analytical applications, and high-tech industrial systems.

About Schulz-Electronic GmbH

Schulz-Electronic GmbH, in Baden-Baden since 1975, is leading provider of professional power supplies in Germany, Austria and Switzerland, offering AC/DC and DC/DC converters, electronic loads, high voltage systems, AC sources, inverters, laser diode drivers and pulse generators. Schulz-Electronic is distribution partner of renowned producers all over the world and authorized German service provider and quasi manufacturer for many products. The Company offers customized energy conversion solutions based on standard, modified and proprietary technologies.

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Wirecard announces Vision 2025 targets for transaction volume, revenues and EBITDA

  • Transaction volume expected to increase to at least EUR 710bn and Group revenues to surpass EUR 10bn
  • EBITDA forecasted to exceed EUR 3.3bn
  • Growth to be delivered from omnichannel solutions from one platform, transition of cash to electronic payments and value-added services which will be extended around the Wirecard Digital Payment Ecosystem

Wirecard, the global innovation leader for digital financial technology, today announces its Vision 2025, setting out its targets for 2025 transaction volume, revenues and EBITDA. Management also announces the key growth drivers to achieve these targets on the back of a rising global transition towards digital payments, mobile and e-commerce.

In 2025, Management forecasts transaction volume to increase to more than EUR 710bn. Group revenues are estimated to reach at least EUR 10bn with EBITDA of more than EUR 3.3bn. Management confirms the previously announced Vision 2020 targets and the FY2018 EBITDA guidance.

Wirecard’s strategy towards achieving the Vision 2025 targets will focus on two core areas. Firstly, through an accelerating convergence between online, mobile and point-of-sale (ePOS), deploying innovative technologies to enable omnichannel commerce via one platform. Secondly, from the constant value chain development and innovative data-led value-added services, which are built around Wirecard Digital Payment Ecosystem and which lead to an improvement in the conversion rate – this is how Wirecard manages to significantly increase merchant turnover through data-driven services.

Wirecard’s CEO Markus Braun, along with senior management, will discuss in further detail all focal areas and the Vision 2025 at the company’s Innovation Day, hosted from 09.00 BST today in London. The webcast of the event will be live from 11 October 09.00 CET onwards at the Investor Relations website. Follow us on Twitter during the day under #ThinkWirecard.

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asknet AG Reports 22% Revenue Increase in the First Half of 2018 and Is on Track for Further Accelerated Growth

  • Consolidated sales revenues increased by 22 percent to 41.41 million euros (1H 2017: 34.08 million euros)
  • Gross profit of 4.34 million euros (1H 2017: 4.31 million euros)
  • Negative earnings before taxes (EBT): -0.24 million euros, but losses reduced by over 50 percent compared to the same period of 2017 (1H 2017: -0.51 million)
  • Guidance 2018: steady growth in revenues and gross profit, EBT remains negative due to additional hiring and technology investments
  • Growth plan 2018-2020: accelerating current growth through additional investments including capital increase scheduled for completion in Q4 2018

asknet AG, an ecommerce services company majority owned by the Swiss-listed international technology and media company The Native SA (www.thenative.ch), achieved a strong increase in consolidated sales revenues of 22 percent to 41.41 million euros in the first six months of 2018. The increase is partly due to the high number of new customers acquired in the eCommerce Solutions Business Unit in the first half of the year. In addition, new shops that had already been set up in the second half of 2017 were further ramped up. asknet AG also gained new customers in the Academics Business Unit, which contributed to the good sales revenues’ development.

Gross profit, the key performance metric for the asknet Group’s business, rose from 4.31 million euros in the prior-year period to 4.34 million euros in the first half of 2018. The gross profit margin in relation to sales revenues declined from 12.6 percent to 10.5 percent. The lower growth rate of the company’s gross profit compared with the strong sales revenue growth is mainly explained with longer income recognition periods in the Academics Business Unit. In addition, some projects were rescheduled to the second half of the year.

Overall, the asknet Group improved earnings before tax (EBT) to -0.24 million euros in the first six months of 2018, after -0.51 million euros in the same period of the previous year. The consolidated net result for the period amounted to -0.47 million euros (previous year: -0.51 million euros).

In the eCommerce Solutions Business Unit, the successful ramp-up of new shops in the reporting period led to a 29 percent increase in revenues, totaling 30.72 million euros (previous year: 23.81 million euros). Gross profit in this business unit also increased significantly by 17 percent to 3.21 million euros. The under-proportional increase is in particular due to the larger number of small and medium-sized customers, which results in a weaker margin on the one hand, but a broader and more stable customer spectrum on the other. In the Academics Business Unit, asknet recorded a 4 percent increase in sales to 10.69 million euros. Gross profit fell from 1.56 million euros to 1.13 million euros. The 27 percent decline is mainly due to completed transactions that were not yet booked to gross profit and project postponements to the second half of the year.

Taking into account the strong results from the first half of the year, the company’s Executive and Supervisory Boards approved on September 26, 2018 the new growth plan for 2018-2020. It aims at providing asknet AG with additional capital to achieve a larger scale of business and sustainable long term profitability. The main focus lies on reinforcing staff in the areas of sales and marketing and developing new technologies and systems allowing for faster onboarding new clients and improving their retention rates. In connection with the new growth strategy, the company also revised its targets for 2018 and onwards. While asknet is continuing to forecast a strong growth in sales revenues and gross profit for the full year 2018, negative earnings before taxes (EBT) in a high six-digit range are accepted in the current year in favour of stronger growth. In parallel to continued high investments, the growth plan aims at further accelerating top-line-growth and exceeding the break-even point in 2019. By 2020, the company intends to at least double its sales revenues and gross profit in comparison to the levels budgeted for the full year 2018, and to achieve strong and sustainable profitability on an EBT basis.

To finance the growth plan, asknet AG’s Executive Board with approval of the Supervisory Board recently decided to execute a capital increase from cash contributions, issuing up to 93,395 new shares at a subscription price of EUR 10.5 per share. Shareholders are granted their statutory subscription rights. An investor, who is currently not a shareholder of asknet AG, will guarantee the capital increase and underwrite the shares that were not subscribed by existing shareholders until the end of the subscription period. The public offer in connection with the capital increase is to be made without a prospectus, but with a securities information sheet, which has been submitted for approval by the Federal Financial Supervisory Authority (BaFin). The approval will presumably be obtained in the course of the day. The subscription offer is expected to be published in the Federal Gazette (Bundesanzeiger) on October 4, 2018, with the capital increase to be fully exercised by the first week of November 2018.

Selected key figures of the Group

January 1 – June 30, 2018

Sales revenues: 41.41 million euros
Gross profits: 4.34 million euros
Gross profit margin (of sales revenues): 10.5%
EBT: -0,24 million euros
Net result for the period: -0,47 million euros
Financial debt: –

January 1 – June 30, 2017

Sales revenues: 34.08 million euros
Gross profits: 4.31 million euros
Gross profit margin (of sales revenues): 12.6%
EBT: -0.51 million euros
Net result for the period: -0.51 million euros
Financial debt: –

The full report on the first six months of 2018 is available on the company’s website at www.asknet.com as of today.

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