Moody's Investors Service, ("Moody's") has today changed to negative from stable the outlook of global hygiene and forest products company Svenska Cellulosa Aktiebolaget SCA and its 100% guaranteed subsidiary SCA Finans AB (together SCA). At the same time, Moody's has affirmed the Baa1 senior unsecured instrument ratings, (P)Baa1 senior unsecured MTN programme rating and Prime-2 (P-2) short-term issuer rating of Svenska Cellulosa Aktiebolaget SCA and the (P)Baa1 senior unsecured MTN programme rating of SCA Finans AB.
Guardian Capital Partners (“Guardian”) announced that it has acquired Carson-Dellosa Publishing, LLC (“Carson-Dellosa” or the “Company”) on July 26, 2016. Guardian partnered with the executive management team who will continue operating the Company going forward.
Clear turnover increase in the second quarter / Dynamic growth in the print area / Demand in engineering and growth markets increases
- Sales up 14% compared to H1 2015.
- Half-year EBIT up to CHF 18.0 million from CHF 14.7 million in 2015.
Stable bookings and slightly higher backlog than in previous year.
The drupa 2016 exhibition was a real success for BOBST, launching six new products.
"We are aiming for EUR 10 million in sales this year. Our goal is to become a leading provider of consulting services and software, that directly create new, or increased revenue for our customers”, says Fredrik Alstierna, CEO of Alite International AB.
Flint Group has today confirmed that it agreed with Sun Chemical to sell its European publication gravure ink business to Sun Chemical in a deal which will include transfer of all product portfolios relating to Flint Group’s European publication gravure product range.
The Management Board discussed the company’s strategy and the figures for the past financial year (April 1, 2015 through March 31, 2016). In his speech, Heidelberg CEO Gerold Linzbach analyzed where Heidelberg is currently at and then highlighted where the company is heading in the medium term.