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Press Releases 2012
07 December 2012 Saint-Gobain
SAINT-GOBAIN SIGNS A EURO 1.5 BILLION CREDIT FACILITY WITH A 5 YEAR MATURITY
Saint-Gobain signed today, with a group of 28 banks, a revolving credit facility for an amount of Euro 1.5 billion, maturing in December 2017 - The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion - This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 billion and underlines renewed banks' confidence in the credit quality of Saint- Gobain
Read more [+]26 November 2012 Legrand
Legrand receives the "Alliance" prize as part of the French Business in China Awards
Read more [+]22 November 2012 Saint-Gobain
Sylvain Deville, Researcher at one of the Saint-Gobain/CNRS Joint Research Units, awarded Bronze Medal by the CNRS
Sylvain Deville, a researcher in materials sciences at the Saint-Gobain/CNRS Joint Research Unit in Cavaillon (France), was awarded a Bronze Medal by the CNRS French Research Center at a ceremony held at the headquarters of the CNRS Regional Delegation in Marseille (France) - This medal, honoring the first work by a researcher and recognizing the person as a talented specialist in his or her field, was given to Sylvain Deville for his research on understanding and controlling the freezing of colloids (Colloids are particles so small that they are unaffected by gravity)
Read more [+]20 November 2012 exceet Group SE
Solid trend at lower level due to cyclical influences
Group sales rise to € 138.2 m during first 9 months - Book-to-bill ratio of 1.13 as at 30 September 2012 - Recurring EBITDA of € 14.0 m - Sales and earnings forecast 2012: Sales of € 190 m at a recurring EBITDA margin of 11%
Read more [+]15 November 2012 Saint-Gobain
THREE START-UPS AWARDED AT SAINT-GOBAIN NOVA INNOVATION COMPETITION 2012 HELD AT THE GREENBUILD INTERNATIONAL CONFERENCE IN SAN FRANCISCO
After a final speed dating round, Saint-Gobain, the world leader in the habitat and construction markets, and the U.S. Green Building Council Northern California Chapter (USGBC-NCC) announced today the three winners of the NOVA Innovation Competition 2012 held this year at the Greenbuild International Conference and Expo in San Francisco - The NOVA Innovation Competition rewards start-ups offering the most innovative solutions in the field of habitat, energy and the environment
Read more [+]15 November 2012 Legrand
Legrand strengthens its positions in home systems in the United States by acquiring NuVo Technologies
Legrand announces the acquisition of NuVo Technologies, a specialist in multi-room audio systems in the United States - Legrand thus reinforces its positions in home systems and in new business segments more generally
Read more [+]08 November 2012 Legrand
Results for the first nine months of 2012
Total growth in net sales: +5.9% - Adjusted operating margin: 20.3% - Rise in free cash flow: +16.7%
Read more [+]06 November 2012 Bureau Veritas
Bureau Veritas: continued growth in Q3 2012:Revenue to end-September up 16.6% to EUR 2,860.8 million - Q3 organic growth of 8.1% in line with the H1 performance
"Third-quarter growth at Bureau Veritas was very robust, in line with the first-half performance. Growth was driven by the variety of our services and our global presence. Almost 60% of our business portfolio posted double-digit growth rates (Industry, Commodities, Government Services & International Trade, Consumer Products). However, as expected, the Marine and Construction businesses and the economic backdrop in Europe continued to weigh on the Group's growth - The nine-month 2012 performance enables us to confirm that Bureau Veritas should post strong growth in full-year 2012 revenue and adjusted operating profit, in line with the targets set out in the BV2015 strategic plan". Didier Michaud-Daniel, CEO of Bureau Veritas
Read more [+]30 October 2012 Saint-Gobain
Saint-Gobain Solar Gard® opens new high-tech manufacturing facility in China
New plant in Qingdao, China, will expand and improve support of rapidly growing Asian market for architectural and automotive window films
Read more [+]25 October 2012 Saint-Gobain
Sales for the first nine months of 2012: up 2.9% to €32.5 billion - Organic growth: -1.8%, of which -3.8% in Q3
Highlights: Sales prices: up 1.9% over 9 months and 1.5% in Q3 - Sales volumes: down 3.7% over 9 months and 5.3% in Q3 - Q2 business trends confirmed in Q3, but negative impact of fewer trading days than in 2011 and of very strong 3Q 2011 comparatives for construction in North America - Swift implementation of new cost cutting measures
Read more [+]22 October 2012 exceet Group SE
exceet heads into second half with solid turnover growth rate
Third quarter turnover reaches €47.7 million; turnover for first nine months increases to €138.2 million - Management continues to be optimistic based on current order backlog - No further acquisitions planned in 2012
Read more [+]18 October 2012 Legrand
Maturity of syndicated loan extended to October 2017
Legrand today announced a one-year extension of its syndicated loan facility by all participating banks - The move extends the maturity of this €900 million revolving facility to October 2017.
Read more [+]16 October 2012 Saint-Gobain
Saint-Gobain provides its technological and industrial expertise to the development of solar energy in Saudi Arabia
Saint-Gobain, represented by Jean-Pierre Floris, Senior Vice-President and President of the Innovative Materials Sector has signed an M.O.U. with HRH Prince Faisal Bin Salman Bin Abdulaziz Al Saud, to set up a high-tech company in the solar energy sector in Saudi Arabia - The signing ceremony was held in Torgau, Germany, where Saint-Gobain's Avancis affiliate operates one of the world's most modern thin film Photovoltaic (PV) module plants
Read more [+]08 October 2012 Stahl
NEW CUSTOMER SUPPORT CENTRE FOR STAHL
On 16th August Stahl opened the newly extended Customer Support Centre in Tuzla, near Istanbul, Turkey. Rapid growth of the leather industry inTurkey has led to an increase of activities for Stahl and justified the €0.5 million investment in this brand new facility...
Read more [+]08 October 2012 Stahl
STAHL RE-OPENS GLOBAL EXCELLENCE CENTRE FOR PERFORMANCE LEATHERS IN WAALWIJK
In the presence of some 100 customers from all around the world, Huub van Beijeren, CEO (Chief Executive Officer) of Stahl Holdings, opened Stahl's Global Centre of Excellence for Performance Leathers in Waalwijk, The Netherlands, on Thursday 20th September - An investment of over €1 million underlines Stahl's conviction that there is a healthy future for leather in the performance leather industry and further strengthens its global leading position.
Read more [+]28 September 2012 Van Gansewinkel Groep
Van Gansewinkel Groep restructures organisation
Dutch and Belgian collections integrated further - Van Gansewinkel Groep plans to restructure the company in order to be able to respond more effectively to changes in market conditions - In Collection the existing 8 regions in the Benelux will be reduced to 4 - The Netherlands will be divided up into a North and a South region - In Belgium there will be a West and an East region.
Read more [+]26 September 2012 Saint-Gobain
SUCCESSFUL LAUNCH OF A BOND OFFERING: GBP 250 million, 17 year maturity, coupon 4.625% (4.31% in EUR)
Saint-Gobain today set the terms of a 17 year bond issue for an amount of GBP 250 million with an annual coupon of 4.625% - The issue has been entirely swapped into EUR, resulting in a financing cost in EUR over the 17 years of 4.31%.
Read more [+]20 September 2012 Saint-Gobain
Saint-Gobain continues to grow in Russia
Saint-Gobain is continuing to grow its Insulation Activity in Russia with the acquisition of 25.1% of ZAO ISOROC
Read more [+]06 September 2012 Bureau Veritas
Bureau Veritas classed fleet passes 10,000 vessels
The classed fleet of international classification society Bureau Veritas has grown to 10,055 vessels totalling 93.4m gt - In addition, 1,790 inland water vessels are classed with BV - The growth is attributed to strong deliveries of newbuildings and also to a significant inflow of vessels in service attracted by BV's range of services
Read more [+]28 August 2012 Bureau Veritas
Capital reduction by cancellation of shares
In the context of the 2011 and 2012 share buyback programs, Bureau Veritas (the Company) purchased 476,644 of its own shares (outside the scope of the liquidity agreement)- Pursuant to the authorization conferred by the 23rd resolution of the Ordinary and Extraordinary Shareholders' Meeting of May 27, 2011, the Company's Board of Directors, at its meeting of August 27, 2012, decided to cancel 332,294 of the shares bought back, representing 0.3% of the share capital and gave all powers to the Chief Executive Officer at this end - Accordingly, after the legal formalities of cancellation performed, the Company's share capital will amount to EUR 13,223,279.04 divided into 110,193,992 shares - After taking into account the cancellation of shares, the number of outstanding shares (including stock options exercised) is 110,708,232.
Read more [+]28 August 2012 Bureau Veritas
Bureau Veritas' performance during first-half 2012
Revenue of EUR 1,861.6m: +14.7% including organic growth of +8.1% - Adjusted operating profit of EUR 295.6m: +13.9% - Attributable adjusted net profit of EUR 189.2m: +15.2% - Net cash generated from operating activities of EUR 143.4m: +47.8% - 12 acquisitions, representing EUR 200m in annual revenue
Read more [+]10 August 2012 exceet Group SE
exceet Group SE Interim Management Report on the first six months of 2012
During the first half of the current business year, exceet Group SE achieved a 16.1% on-year increase in sales, from EUR 78.0 million to EUR 90.6 million - Without consideration of acquisitions, it was possible to keep sales at the high benchmark set by the previous year's figures, despite a considerably more difficult economic environment
Read more [+]01 August 2012 Bureau Veritas
Bureau Veritas reinforces its services in automotive part testing with the acquisition of Shanghai Davis Testing Technology
Bureau Veritas is pleased to announce it has completed the acquisition of Shanghai Davis Testing Technology Co., Ltd., a Chinese company specialized in automotive product testing - Founded in 2007, Shanghai Davis Testing Technology offers services to suppliers of automotive parts and electronics aimed at assessing and improving product performance and reliability
Read more [+]27 July 2012 Legrand
2012 first-half results: Sales up 5.5% - Adjusted operating margin at 20.5% - 2012 targets confirmed
Reported figures set sales for the first half at €2,223.7 million, a year-on-year rise of 5.5%.
Read more [+]26 July 2012 Saint-Gobain
First-half 2012: the Group rolls out a new action plan to address the deteriorating economic climate
First-half 2012 highlights: Organic growth: down 0.8% over the first half, down 2.3% in the second quarter - Sales prices: up 2.2% over the first half (up 2.6% exluding Flat Glass) - New cost cutting measures: savings of €170m in the first half; €500m in 2012; full-year impact: €750m - Sharp improvement in operating WCR over 12 months: down 5.1 days, representing a gain of €340m - Free cash flow after changes in operating WCR (over 12 months): up 21.0% to €1,367m - Ongoing strong balance sheet: net debt/EBITDA ration at 2.1 and net debt/equity at 54%
Read more [+]20 July 2012 exceet Group SE
exceet continues steadily on the growth path despite difficult economic environment
Sales in the second quarter reached €44.6 million - Order Backlog at record level of €129.4 million - Management confirms 2012 outlook
Read more [+]06 July 2012 exceet Group SE
exceet Group announces changes in Management and Organisation
With effect from 01 July 2012 Ulrich Reutner (CEO) will take over the Finance Department, which was so far led by Ulrich Feisst - The operational segments remain unchanged and in the responsibility of the Board Members Robert Wolny, Jan Trommershausen and Ulrich Reutner
Read more [+]13 June 2012 Legrand
Legrand pursues expansion in new economies and signs joint venture agreement with Daneva in Brazil
Legrand accelerates expansion in new economies by signing a joint venture agreement with Daneva, Brazil's leader in connection accessories - The acquisition reinforces Legrand's already strong positions in Brazil and its presence with local retailers
Read more [+]08 June 2012 Saint-Gobain
Saint-Gobain strengthens its presence in Insulation in the UK by acquiring Celotex
Saint-Gobain has signed an agreement to acquire Celotex Group Limited, one of the leading British producers of high performance insulating foam - For more than 30 years, Celotex has offered solutions dedicated to the improvement of energy efficiency in buildings
Read more [+]07 June 2012 Saint-Gobain
ANNUAL GENERAL MEETING OF JUNE 7, 2012
The Annual General Meeting of Compagnie de Saint-Gobain shareholders was held today in Paris - Shareholders present or represented at the meeting held an aggregate 67.9 % of the outstanding shares. All the resolutions were adopted - Ms. Isabelle Bouillot, Ms. Sylvia Jay, Mr. Frédéric Lemoine and Mr. Bernard Gautier were reelected to the Board - Mr. Jean-Dominique Senard was elected as a director (to replace Mr. Jean-Louis Beffa)- Shareholders also approved the payment of a dividend of €1.24 per share (up 8%), paid entirely in cash - The ex-dividend date will be June 11 and the dividend will be paid as from June 14, 2012.
Read more [+]06 June 2012 Bureau Veritas
Bureau Veritas reinforces its presence in Germany with two acquisitions in automotive inspection and electrical and electronic product testing
Bureau Veritas is pleased to announce it has completed two acquisitions in Germany: UniCar Group, a company specialized in automotive inspection services and European Compliance Laboratory (ECL), an electrical and electronic product testing laboratory - Since the beginning of the year, the Group has therefore acquired three new companies in Germany, including Pockrandt, totaling €14 million in annual revenue.
Read more [+]04 June 2012 exceet Group SE
AuthentiDate, an exceet group company, is awarded the "IT Security made in Germany" Seal of Quality
Quality Seal with assistance of the patronage of the German Federal Ministry of the Interior (BMI) and the German Federal Ministry for Business and Technology (BMWi)- Düsseldorf/Luxembourg, June 04, 2012 AuthentiDate International AG, a member of exceet Group and a leading IT security provider, has received the "IT Security made in Germany" seal of quality - The "IT Security made in Germany" quality seal is presented by the TeleTrusT - the Bundesverband IT-Sicherheit e.V. with assistance of the German Federal Ministry of the Interior (BMI) and the German Federal Ministry for Business and Technology (BMWi) to companies whose products fulfill special quality requirements
Read more [+]01 June 2012 Saint-Gobain
Saint-Gobain cancels 9.5 million shares
In line with the strategy to stabilize the number of outstanding Saint-Gobain shares, on May 31, 2012 the Company cancelled 9.5 million shares held in treasury stock. The shares were originally acquired under the buyback program and were designated as being held for cancellation to offset the new shares issued in the last two years, mainly under the Group Savings Plan but also under the stock option, stock grant and performance share plans. Following this transaction, there are now 531,052,614 shares outstanding
Read more [+]31 May 2012 Saint-Gobain
SUCCESSFUL LAUNCH OF A BOND OFFERING: EUR 750 million, 9 year maturity, annual coupon of 3.625%
Saint-Gobain today set the terms of a 9 year bond issue for an amount of EUR 750 million with an annual coupon of 3.625% - In a volatile economic environment Saint-Gobain took advantage of favourable conditions on the credit market: the orderbook totalled close to EUR 2.5 billion from over 230 investors - The transaction could therefore be completed within a short time with a higher issuance amount and improved pricing compared to the initial targets
Read more [+]31 May 2012 Bureau Veritas
Annual General Meeting May 31st 2012
The ordinary shareholders' meeting of Bureau Veritas took place on Thursday May 31, 2012 under the presidency of Frank Piedelièvre, Chairman of the Boar - All the resolutions submitted to the shareholders' meeting have been adopted
Read more [+]29 May 2012 exceet Group SE
exceet Card Group provides secure identity with the new German - Red Cross blood donor IDs
Order for the delivery of app. 2 million RFID chip cards - Awarded the European AutoID-Award 2012
Read more [+]29 May 2012 Saint-Gobain
Saint-Gobain launches a major initiative to build its employer brand identity - Saint-Gobain Expérience, the new careers website
Launched on May 23, 2012, the Saint-Gobain Expérience website is an important part of the Group's strategy to increase awareness of the Saint-Gobain brand and its appeal among prospective job applicants - The colourful website includes dynamic, interactive content about Saint-Gobain's business strategy, values and history, while also listing reasons why people - especially young talent - would want to work for the company
Read more [+]29 May 2012 Stahl
STAHL EXPANDS IN INDIA - Stahl invests € 1 mio to meet increasing demand from Indian customers
Read more [+]25 May 2012 exceet Group SE
exceet acquires electronics specialist as electronics
Expansion and reinforcement of development expertise for intelligent controls in the electronic components, modules & systems (ECMS) division - Attractive customer portfolio mainly consisting of small and medium sized OEMs with leading market positions
Read more [+]25 May 2012 Legrand
Combined ordinary and extraordinary meeting of shareholders of May 25, 2012: Changes in Board and Committees membership
The combined ordinary and extraordinary meeting of shareholders was held on May 25, 2012, chaired by Legrand Chairman and Chief Executive Officer, Mr. Gilles Schnepp- At the General Meeting, Legrand shareholders adopted resolutions including: - Renewal of four-year terms for two independent directors, Mr. Gérard Lamarche and Mr. Thierry de La Tour d'Artaise - Appointment of Ms. Christel Bories and Ms. Angeles Garcia-Poveda to four-year terms as independent directors.
Read more [+]25 May 2012 Bureau Veritas
Bureau Veritas acquires Tecnicontrol, its first acquisition in Colombia, and strengthens its activities in the Latin American Oil & Gas industry
Bureau Veritas is pleased to announce it has acquired all the shares of Tecnicontrol, a Colombian company providing technical inspections, quality assurance & quality control, non-destructive testing, asset integrity management and commissioning services to industrial companies (oil and gas, process and mining industries).
Read more [+]15 May 2012 exceet Group SE
exceet increases sales and order backlog in Q1 2012: Group sales rose by 29.3% - Order backlog soared to EUR 103.1 million (+ 67.4%) - Management confirms 2012 guidance for sales and profit
exceet Group SE has made a successful start into the 2012 financial year - Group sales rose by 29.3% and reached EUR 46.0 million compared to EUR 35.6 million for the same period in the previous year - While organic growth stood at around 3%, the bigger part of total group sales growth was attributable to two acquisitions, Contec and AuthentiDate, contributing to the group's performance since the second quarter of 2011.
Read more [+]15 May 2012 Bureau Veritas
Successful launch of Bureau Veritas inaugural bond issue
Bureau Veritas has today completed the placement of a 500 million euro bond issue - This inaugural 5-year unrated bond issued with a coupon of 3.75% has been successfully placed in a volatile market environment
Read more [+]11 May 2012 Van Gansewinkel Groep
Cees van Gent new CEO of Van Gansewinkel Groep
Cees van Gent (49) has been appointed CEO of Van Gansewinkel Groep - In addition to his role as CEO, he will have the Collection & Services division in his portfolio - With effect from Monday 14 May 2012, the Board of Directors of Van Gansewinkel Groep will comprise Cees van Gent, Rob de Fluiter Balledux (CFO) and Yves Luca (COO Recycling & Energy from Waste)
Read more [+]09 May 2012 Saint-Gobain
SAGE Electrochromics to become wholly owned subsidiary of Saint-Gobain
This deal will help SAGE expand into international markets, develop new products and complete construction of the company's new, state-of-the-art manufacturing facility in Faribault, MN...
Read more [+]04 May 2012 Legrand
2012 first-quarter results: Sales up 4.8% - Adjusted operating margin at 20.4% - 2012 targets confirmed
Reported figures set sales for the quarter at €1,086.2 million, a year-on-year rise of 4.8% - Adjusted operating income came to €222 million or 20.4% of sales (20.8% excluding acquisitions)
Read more [+]03 May 2012 Saint-Gobain
First-quarter 2012 sales up 3.7% to €10.2 billion -Organic growth: 0.9%.
Sales prices: up 2.4%, with a positive contribution from all Business Sectors - Sales volumes: down 1.5% (very tough basis for comparison) - Double-digit organic growth in the United States, driven by businesses linked to residential construction -Upbeat momentum confirmed in construction markets in Northern Europe; continuing difficulties in Southern Europe - Solid performance in France - Continued brisk trading on industrial markets (excluding automotive in Europe) - Slowdown in organic growth in Asia and emerging countries: +0.6% - 2012 targets confirmed.
Read more [+]03 May 2012 Bureau Veritas
Bureau Veritas announces its Q1 2012 revenue
Revenue up 12.0% to €868.3 million - Organic growth of 8.6% - An acquisitions-led first quarter
Read more [+]20 April 2012 exceet Group SE
exceet starts 2012 with strong first quarter - Sales up by more than 29 percent
exceet Group SE, one of the leading suppliers of embedded electronics and security solutions, has made a very successful start to the 2012 financial year. Preliminary figures show consolidated sales rising in the first quarter of 2012 by 29.3 percent to € 46.05 million (Q1 2011: € 35.61 million). Organic growth amounted to around 3 percent. The segments medical technology and industrial automation were once again the main contributors to this positive business development.
Read more [+]
20 April 2012 Legrand
Legrand confirmed in the FTSE4Good* index
Legrand has once again been ranked in the FTSE4Good* index for 2012, after its first inclusion in 2007. This provides recognition of the importance which the Legrand Group attaches to growing its business in compliance with non-financial criteria of corporate social and environmental responsibility, thereby placing people and the environment at the centre of its strategy - (* Created by the global index company FTSE Group, FTSE4Good is designed to identify listed companies that are considered ethical and responsible)
17 April 2012 exceet Group SE
exceet awarded major contract worth Euro 40 million by Siemens
Luxembourg/Berlin, April 17, 2012 The exceet Group SE, a leading supplier of integrated electronic products and solutions, extends its long term partnership with Siemens AG - Over the next three years, exceet will supply the company with optoelectronic sensors - The serial production of the highly sensitive components takes place under strictest clean room conditions at the Berlin production site of AEMtec GmbH, which is part of the exceet Group - The order volume amounts to Euro 40 million.
Read more [+]13 April 2012 Van Gansewinkel Groep
2011 annual results of Van Gansewinkel Groep
Higher operating results thanks to acquisition of Veolia Belgium and improvements in efficiency; difficult market conditions continue - Revenue €1.2 billion (+6%) - EBITDAE €254 million (+2%) - Operating result €59 million (+18%) - Operational cash flow €233 million (+1%) - Net loss increased to €25 million - Equity €162 million at year-end 2011 (+5%) - Positive impact on results from acquisition of Veolia Belgium - Pressure on prices at Collection & Services continues in first quarter 2012
Read more [+]13 April 2012 Van Gansewinkel Groep
CEO Ruud Sondag steps down
Ruud Sondag (CEO) is leaving Van Gansewinkel Groep. In consultation with the Supervisory Board it is concluded that he is stepping down due to a difference in view regarding the policy for the company...
Read more [+]11 April 2012 Legrand
Success for Legrand's new euro bond issue
Legrand today successfully launched and priced its new euro-denominated bond issue, which is for €400 million over ten years - The maturity date is April 19, 2022 and the annual coupon is 3.375%
Read more [+]02 April 2012 Saint-Gobain
Completion of the Brossette and Build Center Acquisitions
On March 30, 2012, Saint-Gobain completed the acquisition of Brossette from Wolseley, after the transaction was approved by France's competition authorities on March 23 subject to the divestment of 22 outlets representing aggregate sales of some €30 million
Read more [+]30 March 2012 Saint-Gobain
Saint-Gobain transfers its shares in Flovetro SpA
Saint-Gobain and the NSG Corporation signed an agreement on March 29 concerning the acquisition by NSG of Saint-Gobain's total stake in Flovetro SpA - This company, which operates one flat glass manufacturing float line in San Salvo (Italy), has been jointly held 50- 50 by the two groups since 1976...
Read more [+]30 March 2012 exceet Group SE
Record year for exceet Group SE in 2011: Group sales up 42.7% to €170.5 million - Adjusted EBITDA up 62.9% to €28.8 million - 2012 off to a very good start
exceet Group SE, one of the leading suppliers of integrated electronic products and solutions had a very successful business year in 2011 - Group sales rose by 42.7% to €170.5 million during the period under review (2010: €119.4 million) - The group achieved organic growth of 10.8%...
Read more [+]20 March 2012 Bureau Veritas
With the acquisition of TH Hill, Bureau Veritas takes a leading role in quality assurance services for drilling systems
Bureau Veritas announces it has signed an agreement to acquire TH Hill, a worldwide leader in oil & gas drilling failure prevention and analysis services
Read more [+]16 March 2012 Van Gansewinkel Groep
Coolrec acquires German recycling company RDE GmbH
Read more [+]14 March 2012 Saint-Gobain
SUCCESSFUL LAUNCH OF A BOND OFFERING: EUR 750 million, 10 year maturity, annual coupon of 3.625%
This bond issue, which will be used to finance the general corporate purposes of the group, enables Saint-Gobain to both lengthen the average maturity of its debt and optimise its average cost of funding.
Read more [+]07 March 2012 Legrand
Proposed appointment of two new independent directors to the Board of Directors
The Legrand Board of Directors has decided, on the recommendation of the Nominating and Compensation Committee meeting on March 7, 2012, to submit to the General Meeting of shareholders to be held on May 25, 2012 a proposal for the appointment of two new independent directors, Ms Christel Bories and Ms Angeles Garcia-Poveda.
Read more [+]23 February 2012 Bureau Veritas
Bureau Veritas announces its 2011 full-year results
Full-year revenue: €3.4bn, +14.6% (organic growth of 6.2%) - Ajusted operating profit: €544m, +11.0% - Attributable adjusted net profit: €348m, +10.4% - Proposed dividend of €1.27 per share, +10.4%
Read more [+]23 February 2012 Legrand
Legrand continues to expand in digital infrastructures by acquiring Aegide in the Netherlands
Legrand announces the acquisition of Aegide, market leader in VDI (Voice, Data, Image) cabinets for data centers in the Netherlands and a front-running European contender in this market - Legrand thus strengthens its positions in the fast-growing digital infrastructure segment
Read more [+]23 February 2012 Bureau Veritas
Bureau Veritas announces two acquisitions strengthening its positions in two businesses: Commodities in Canada and Latin America and Construction in China
Bureau Veritas is pleased to announce two acquisitions in fast-growing market segments and geographies, totaling €66 million in annual revenue: AcmeLabs, the no. 3 player in upstream minerals testing in Canada & HuaXia, a Chinese leader in technical control and supervision in construction
Read more [+]16 February 2012 Saint-Gobain
Sharp rise in 2011 earnings
2011 dividend: €1.24, paid in cash - All 2011 objectives met - Roll-out of growth strategy continues apace
Read more [+]15 February 2012 exceet Group SE
exceet Group SE posts highest revenue in the history of the company. Group revenue increases by 42.7% to €170.4 million according to preliminary, unaudited figures
exceet Group SE, a leading supplier of integrated electronic products and solutions, has just completed the best year in its history - According to preliminary unaudited figures, Group revenue in the financial year 2011 grew by 42.7% to a total of €170.4 million (2010: €119.4 million)
Read more [+]14 February 2012 Bureau Veritas
Evolution of Bureau Veritas governance: Didier Michaud-Daniel is appointed Chief Executive Officer as of March 1, 2012
Following its meeting of February 13, 2012, the Board of Directors of Bureau Veritas, chaired by Frank Piedelièvre, is pleased to announce the appointment of Didier Michaud-Daniel as Chief Executive Officer of Bureau Veritas as of March 1, 2012.
Read more [+]13 February 2012 exceet Group SE
Scotland opts for exceet's Smart Cards: Contract for the delivery of up to 3 million Smart Cards - Use in countless areas of public life
exceet Card Group, part of exceet Group, has won the contract to supply Scotland's National Entitlement Card (NEC) scheme with up to three million smart cards - exceet Card Group, respectively their member Novacard, will be working with the Scottish public sector for the second time - The smart cards will simplify numerous public services for Scottish citizens including public transport, leisure, cashless catering, public libraries and door access
Read more [+]09 February 2012 Legrand
Legrand steps up expansion in India and in the UPS market by acquiring Numeric UPS
Legrand announces the acquisition of Numeric UPS, India's market leader in low-and medium-power UPS - The acquisition reinforces Legrand's positions in the new economies and in the fast-growing UPS market
Read more [+]09 February 2012 Legrand
2011 annual results: Performance in line with annual and medium-term targets & Successful sales initiatives and improved medium-term growth profile
Performance in line with annual and medium-term targets: - Total annual growth in sales excluding exchange-rate effects: 11.2%, of which 6.4% organic growth - Adjusted operating margin 20.2% - Net income excluding minorities of €479 million and dividend per share of €0.93, up 6% - Strong cash generation and sound balance sheet // Successful sales initiatives and improved medium-term growth profile - Very positive response to numerous new product launches - 35% of sales in new economies - Close to 22% of sales in fast-growing new market segments
Read more [+]13 January 2012 Legrand
Four new appointments to Legrand Executive Committee
At the suggestion of Gilles Schnepp, Legrand's Chairman and Chief Executive Officer, the Group's Executive Committee was expanded from 7 to 11 members effective January 1, 2012 : The new members are Antoine Burel, Group Vice President and Chief Financial Officer; Benoît Coquart, Group Vice President Strategy and Development; Xavier Couturier, Group Vice President Human Resources; and Fabrizio Fabrizi, Group Vice President Commercial Systems & Infrastructure Division
Read more [+]12 January 2012 Van Gansewinkel Groep
Van Gansewinkel Groep converts waste from Naples into energy
Read more [+]03 January 2012 Bureau Veritas
Bureau Veritas acquires Pockrandt GmbH in Germany
Bureau Veritas is pleased to announce the acquisition of Pockrandt GmbH, a company providing non-destructive testing (NDT) services to major power plant contractors and operators across Germany.
Read more [+]