Sharp drop in Current Operating Profit Solid execution of cost-cutting plan: €145m achieved vs €100m target Rémy Cointreau remains ahead of its 2030 strategic plan
- Sales down -19.2% on an organic basis, hit by inventory adjustments in the United States
- Gross margin resilient at a high level: -1.3 pts on an organic basis at 71.2% (+4.0 pts vs 2019-20)
- Sustained and selective investment in marketing and communication: 21.4% of sales
- Solid execution of... (continue reading...)
- Proxima is a French project led by its two co-founders, Rachel Picard and Tim Jackson, and has the full financial backing of Antin Infrastructure Partners.
- Proxima’s high-speed trains will connect Bordeaux, Rennes, Nantes and Angers to Paris.
- Proxima has signed a memorandum of understanding with Alstom for the purchase of 12 Avelia Horizon latest generation high-speed trains.
- Proxima has concluded an agreement with Lisea for the use of its new purpose-built... (continue reading...)
Cascale’s ongoing event series amplifies the voices of manufacturers around the globe; event to be held in collaboration with ISPO Shanghai
AMSTERDAM & HONG KONG & OAKLAND, Calif.--(BUSINESS WIRE)-- Cascale (formerly the Sustainable Apparel Coalition) will host Manufacturer Forum: Shanghai on June 28, part of an annual series of events designed to amplify the voices of manufacturers around the globe. Featuring targeted programming designed to address local... (continue reading...)
TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a web-based service on June 28 to provide data on the design and validation of a proprietary prototype inverter equipped with a module containing three LV100 insulated gate bipolar transistors (IGBTs), aiming to help customers accelerate their development of high-power inverters for applications such as photovoltaic power-generation systems. Customers involved... (continue reading...)
DENVER--(BUSINESS WIRE)-- Commercial Metals Company (CMC), a Fortune 500 construction solutions provider, and InQuik Inc., an innovative bridge company, have announced a strategic partnership to deliver the disruptive InQuik bridge solution across the United States, making high-quality, long-lasting bridges more accessible and affordable for communities.
This press release features multimedia. View the full release here: ... (continue reading...)
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