02-9-2013 — /EuropaWire/ — In 2012/13, Pernod Ricard delivered asolid performance within, as anticipated, a less favourable environment than in 2011/12:
- Organic growth in profit from recurring operations was 6%(1), in line with the stated guidance.
- Emerging markets(2) maintained double-digit growth(1) (+10%) despite a slowdown in the second half of the year, particularly in China. Mature markets were stable(1): strong growth in the US (+8%(1)) and declines(1) in the French and Spanish markets.
- The Top 14 continued to drive growth(1). With sustained value growth (+5%(1)) these brands grew more quickly than the Group’s average (+4%(1)). This was particularly due to Jameson and Martell’s outstanding performances(1) and to solid growth in white spirits.
- Premiumisation and innovation remained the Group’s growth drivers, as testified by a still highly favourable price/mix (+5%(1) for the Top 14). Premium(3) brands increased their share of sales from 73% to 75%.
- The operating margin recorded its best growth in three years (+42 bps(1)) due to the combined effect of continued premiumisation and good control of resources.
- The considerable decrease of € 635 million in net debt was due to a cash flow generation higher than in the previous year. The net debt / EBITDA ratio fell to 3.5(4) at the end of June 2013.
Reflecting on these results, Pierre Pringuet, Vice Chairman and Chief Executive Officer of Pernod Ricard, commented: “Despite a less buoyant environment than that of last year, we achieved our guidance.”He continued, “Our global and balanced exposure to emerging and mature markets will allow us to seize all opportunities. We therefore remain confident in our ability to pursue our growth.”
At its meeting of 28 August 2013, chaired by Danièle Ricard, the Pernod Ricard Board of Directors approved the financial statements for the 2012/13 financial year ended 30 June 2013.
FULL-YEAR AND QUARTERLY SALES
Full-year sales totalled € 8,575 million (excluding tax and duties), which included € 5,065 million from mature markets and € 3,510 million from emerging markets(2). This represents an increase of 4%:
- organic growth of € 319 million, or +4%
- a negative Group structure effect of € 70 million (-1%), primarily related to the disposal of certain Canadian activities in 2011/12 and Scandinavian and Australian activities in 2012/13
- a favourable foreign exchange effect of € 110 million (+1%) primarily related to the USD and CNY
Consolidated sales for the fourth quarter 2012/13 totalled € 1,925 million. This growth resulted from:
- organic growth of 5%
- a negative Group structure effect of -1% primarily related to the disposal of certain Scandinavian and Australian activities in 2012/13
- a negative foreign exchange effect of -3% primarily related to the USD, JPY and INR
ANALYSIS OF SALES BY GEOGRAPHIC REGION
Asia/Rest of the World (40% of sales)
Dynamism remained sustained (+7%(1)) despite a slowdown compared with the previous financial year.
Martell (+16%(1)) remained the main growth driver with substantial price/mix (+7%(1)). This performance was driven by China (market growth, market share gains, restocking to standard levels),Travel Retail, Malaysia andIndonesia.
Indian whiskies (+19%(1)) remained very buoyant with good price/mix (+6%(1)), thanks in particular to premiumisation (Royal Stag Barrel Select and Blender’s Pride Reserve Collection).
The decline(1) of Scotch whiskies was largely due to China, South Korea and Thailand. The excellent performance(1) in the Middle East should be noted (especially Chivas in Turkey).
The good development(1) of the new growth drivers (Absolut, Perrier-Jouët, Mumm, Jameson and Jacob’s Creek) continued.
The performance of the regions’ main markets can be summarised as follows:
- China: growth remained buoyant (+9%(1)) albeit lower than in 2011/12. Growth was driven by double-digit increases(1) for Martell, Jacob’s Creek and Absolut, coupled with restocking to standard levels. Scotch whiskies (market in decline) and the most exclusive(5) spirits (curb on conspicuous consumption) experienced a challenging year.
- India: local whiskies maintained their strong momentum (+16%(1)). Good development of the Top 14 (+17%(1), with significant pricing) was driven by Chivas, Absolut and The Glenlivet.
- Travel Retail: double-digit growth(1)was due to the solid results posted by Martell and the Top 14 Scotch whiskies, particularly superior qualities (Royal Salute, Chivas 18 years old, The Glenlivet 18 years old, Ballantine’s 17 years old).
- Other emerging markets(2): healthy growth in Africa/Middle East (+12%(1)), Indonesia and Malaysia.
- South Korea: sales were off(1) in a challenging market (decline of the traditional on-trade) affecting Imperial in particular. The Top 14 continued its development, particularly Absolut (now the second largest brand of the Top 14) and Perrier-Jouët, driven by the modern on-trade.
- Thailand: in a market that remains challenging, the substantial decline(1)was primarily due to 100 Pipers. The brands Absolut (+9%(1)) and Jacob’s Creek (+15%(1)) maintained their momentum.
- Japan: good results (+3%(1)) were due to the performances of Mumm (+18%(1)), Perrier-Jouët (+21%(1)) and Café de Paris.
- Australia: the Top 14 recorded sustained growth of +6%(1), primarily driven by Mumm.
Americas(27% of sales)
Growth (+7%(1)) was driven by Premium(3) brands and the US.
The Top 14 grew +8%(1), thanks to Jameson, The Glenlivet, Absolut and Malibu in the US, Absolut and Martell in Mexico, as well as Chivas and The Glenlivet in Travel Retail.
Priority Premium Wines (+5%(1)) continued to grow with favourable price/mix.
Key local brands grew 7%(1), with double-digit growth(1) for Passport. The healthy development of Wiser’s was notably bolstered by the innovations launched in the flavoured American whiskey segment.
The performance of the region’s main markets can be summarised as follows:
- US: strong growth of +8%(1). The Top 14 (+8%(1)) was the main driver, with price/mix of +5%(1). The good overall performance of other brands (Avión, Mumm Cuvée Napa, Aberlour, Plymouth and Wiser’s) should be noted.
- Premium(3) brands retained their momentum: Absolut (+2%(1), value growth driven by favourable price/mix), Jameson (+26%(1), stillthe main growth driver), Malibu(+5%(1), solid growth confirmed following 2011/12, which benefited from the launch of numerous innovations), The Glenlivet(+22%(1), strong increase in both volume and pricing), Chivas (+5%(1), stabilisation of volumes and very favourable price/mix for the second consecutive year) andPerrier-Jouët (+14%(1), excellent volume growth and very favourable price/mix).
- Canada: The Glenlivet, Jameson, wines and Wiser’s reported good results.
- Brazil: the market experienced difficulties due to a more challenging macro-economic environment and the application of the “VAT” reform. Underlying trends remain good for Absolut (+24%(6) in a category up +13%(6)) and Ballantine’s.
- Mexico enjoyed renewed growth (+5%(1)) following the introduction of a new high-value strategy. The Top 14 experienced very good development (+13%(1)) with significant pricing.
- Travel Retail: growth (+7%(1)) was driven by Chivas, The Glenlivet and Royal Salute.
- Other markets: all reported growth(1) including several in double-digits.
Europe excluding France(25% of sales)Stability(1) in Europe excluding France with strong growth in the East and a decline in the West
Growth of the Top 14 (+2%(1)) was driven mainly by Jameson, Absolut, Chivas and Beefeater. These brands grew both in the East and in the West. Ballantine’s (Spain), Mumm, Perrier-Jouët, Malibu (UK) and Ricard declined.
Sales of Priority Premium Winesincreased (+1%(1)) thanks to Campo Viejo and Brancott Estate.
Key local brands (+2%(1)) were driven by the continued revival of ArArAt (up more than 50%(1) in 2 years) and Olmeca (up more than 50%(1) in 3 years) and the good performances of Seagram’s Gin (Spain), Passport (Eastern Europe) and Wyborowa (Poland).
Growth remained strong in Eastern Europe (+11%(1)):
- Russia (+16%(1)) remained the main contributor to growth. Its performance was driven by Jameson, ArArAt (which regained its rank as the portfolio’s #2 brand), Chivas, Ballantine’s, Passport and Olmeca
- Poland (+2%(1)): the improved trend was mainly due to the recovery of Wyborowa, which is back to growth(1). Also noteworthy is the healthy progression of Absolut (+7%(1)), Chivas (+12%(1)) and Passport (+16%(1))
- Ukraine continued to grow(1), despite a more challenging macro-economic environment, with growth still driven by whiskies (Jameson, Ballantine’s, Chivas and Passport), Absolut and ArArAt
Western Europe declined 3%(1), within an economic environment that remains challenging:
- the drop was attributable primarily to Southern Europe, in particular to Spain (-7%(1)), despite market share gains and the healthy growth of Beefeater (+4%(1))
- quasi-stability(1) in the UK
- Germany and Travel Retail reported good performances(1)
France(8% of sales)
The performance (-7%(1)) reflected a still challenging environment, compounded by unfavourable technical effects.
Sales declined following the very steep rise in excise duty introduced on 1 January 2012 and against the backdrop of a recession…
- Pernod Ricard’s underlying performance is in line with a declining spirits market (-2%(6))
- the first half of the year was adversely affected by technical effects: residual inventory reduction and non-renewal of certain promotional activities
- spring weather was particularly poor but several Premium(3) brandsreported very good results:
- Havana Club +14%(1), Absolut +5%(1), The Glenlivet +20%(1)
- double-digit growth(1) of superior qualities (Chivas 18 years old, Perrier-Jouët Belle Epoque, Jameson Select Reserve, etc.)
SALES ANALYSIS BY BRAND
Top 14
The Top 14 grew +5%(1):
- volumes were stable despite the decline of Ricard and Ballantine’s (particularly exposed to Western Europe)
- price/mix was very favourable (+5%(1))
Martell had a very good year (+15%(1), with price/mix of +10%(1)), partly boosted by restocking.
The excellent performance of Jameson(+17%(1)) means it has become the second largest contributor to Group growth. The brand reported double-digit growth (1) across all its major markets (US, Russia, South Africa, etc.)
White spirits reported a good overall performance(1):
- Absolut (+5%(1)) accelerated its value growth:
- growth(1) in all regions
- improved price/mix, especially in the US
- double-digit growth(1) in Asia-RoW with positive development in China and a trajectory that remains spectacular in South Korea (sales multiplied by 3 in
3 years) - Havana Club (+3%(1)) recorded an improved trendcompared to the previous financial year: good performances in Germany and France, continuing difficulties in Spain and Italy
- Beefeater (+3%(1)) reported solid growth, especially in Spain, US, UK and Russia
- Malibu experienced a slight decline (-1%(1)), primarily due to Western European markets (France, UK and Spain), whilst growth remained sustained in its main market (US) with accelerated momentum for the original version, which is reaping the rewards of numerous innovations launched more than one year ago
Slowdown in the growth(1) of Scotch whisky:
- difficult year in Asia and persisting difficulties in Spain
- but The Glenlivet achieved record growth (+22%(1)) with a double-digit increase(1) across all regions
- and Chivas posted excellent price-mix (+5%(1)) with notably volume growth of +8% for Chivas 18 years old
The decline(1) of Ricard was due to reduced consumption in France (increase in excise duty and poor weather) and exacerbated by unfavourable technical effects. Nevertheless, the brand gained market share(6).
Mumm was in decline(1) (essentially due to France), but Perrier-Jouët grew(1)(greater global exposure) particularly in the Americas (+11%(1)) and Asia-RoW (+17%(1)).
Priority Premium Wines
Priority Premium Wines grew +2%(1), due to the implementation of a combined strategy of high-value and geographic diversification.
This growth was driven by a price/mix effect of +3%(1) and particularly buoyant sales in Asia (+15%(1)). In Europe, these brands reported growth(1) in both the West and the East.
Priority Premium Wines also reported sustained growth (+6%(1)) in their contribution after advertising and promotion expenditure.
18 key local brands
The overall performance of the 18 key local brands remained good (+6%(1)):
- The momentum of Indian whiskies, which outperformed the market in value terms, continued (+19%(1)).ArArAt (+21%(1)), Passport (+20%(1)) and Olmeca (+14%(1)) maintained double-digit growth(1).Wyborowa enjoyed renewed growth (+5%(1)).
- 100 Pipers remained in decline (-13%(1)) as did Imperial (-3%(1)). Pastis 51 and Clan Campbell, both particularly exposed to the French market, experienced a decline(1).
Premium(3) brands now represent75% of Group sales, a two-percentage point increase compared to the previous financial year.
ANALYSIS OF PROFIT FROM RECURRING OPERATIONS
Gross margin (after logistics costs)reached € 5,351 million, an increase of +5%(1).
The gross margin / salesratioimproved substantially to 62.4%,from 61.4%in the previous year(+98 bps, organic growth of +79 bps). These results were the combination of:
- favourable price effect (+4% for the Top 14): significant price increases
- slightly favourable forex effect
Advertising and promotion expenditure totalled € 1,644 million, an increase of +3%(1). A&P expenditure:
- was targeted on the Top 14, which accounted for almost 90% of the increase(1)
- increased significantly in the US and in emerging markets(2)
- was optimised in certain mature markets: Western Europe -3%(1); France -10%(1)
The advertising and promotion expenditure to sales ratio was stable (19.2%).
Structure costs increased +7%(1) to € 1,477 million. The structure costs to sales ratio was 17.2%.
Pernod Ricard continued to allocate resources to emerging markets(2), which accounted for almost 80% of the increase(1) in structure costs: strengthening of the distribution network (China, India, Russia, Africa, etc.) and creation of subsidiaries in Sub-Saharan Africa.
The increase(1) in structure costs was below inflation in Western Europe and stable(1) in France.
The end of the implementation of the Agility project explains the slowdown in structure cost growth(1) in the second half of the year.
Profit from recurring operations was € 2,230 million, an increase of +6%(1), in line with guidance.
The operating margin recorded its largest expansion (+42 bps(1)) in three years, due to:
- continued implementation of the premiumisation strategy, with a positive effect on gross margin
- good control of resources
The Group structure effect on profit from recurring operations was slightly unfavourable (mainly due to the disposal of the Scandinavian activities) at € 20 million. The positive foreign exchange effect (+€ 19 million) was primarily due to the strengthening of the USD and CNY.
Emerging markets(2) continued to increase their relative significance in profit from recurring operations: 44% in 2012/13 compared to 39% in 2011/12. This increase had a positive impact on margins.
ANALYSIS OF NET PROFIT
Financial income / (expense) from recurring operations was an expense of € 527 million, compared to € 509 million the previous year:
- the average cost of debt was 5.3%:a controlled increase (5.1% the previous year), in line with our forecasts.
- the structural decrease in financial expenses began in January 2013 and will continue in 2013/14. The average cost of debt in 2013/14 is estimated to be less than 5%.
Corporate income tax on recurring operations was a charge of € 430 million, i.e. an effective tax rate of 25.2%. The increase (23.5% last year) was primarily due to new tax reforms, particularly in France (impact: € 25 million).
Group share of net profit from recurring operations reached € 1,255 million. Its sustained increase of +5% was primarily driven by the operating performance.
Non-recurring items included:
- other operating income and expenses, resulting in a net expense of € 124 million, mainly comprising restructuring costs (especially in Spain, Australia and New Zealand), and asset impairment (notably Brancott Estate for € 64 million)
- a net non-recurring financial expense of € 12 million, mainly comprising foreign exchange losses
- corporate income tax on non-recurring items was a net income of € 71 million: technical items mainly related to the discounting of deferred tax rates
The Group share of net profit thus totalled € 1,189 million, an increase of +4%.
FINANCIAL DEBT, FREE CASH FLOW AND DIVIDEND
Net debt decreased significantly by € 635 million to reach € 8,727 millionat the end of June 2013.
This reduction resulted from a higher cash flow generation before translation adjustment (€ 474 million: improvement of +€ 89 million over 2011/12) and a favourable translation impact of € 161 million.
Cash flow generation before translation adjustment consists of (i) a solid Free Cash Flow of € 924 million, (ii) a net expense of € 15 million from disposals, acquisitions of shares and other items, and (ii) dividends of € 435 million.
Free cash flow was virtually unchanged compared to the previous financial year despite the substantial increase in long-term investments (strategic inventories and capital expenditure):
- self-financing capacity grew in line with the growth in profit from recurring operations
- capital expenditure (€ 294 million in 2012/13) increased by € 35 million, to fund the extension of distillation and storage capacities in particular for whiskies
- strategic inventories accelerated their increase (+€ 266 million vs. +€ 157 million in 2011/12) to support future growth of Martell, whiskies and champagnes
- operating WCR was stable in days of sales (21 days), i.e. a controlled increase of € 28 million. As a reminder, operating WCR had decreased in 2011/12 thanks to optimisation initiatives
- cash financial expenses increased in line with the increase in accounting financial expenses
- cash tax increased given the increase in profits and in the tax rate (unfavourable impact of new fiscal measures in France for approximately € 16 million)
- cash out tied to non-recurring itemsexperienced a significant decline
The net debt to EBITDA ratiocontinued to improve to 3.5(4) despite weakening currencies of certain emerging markets(2).
A dividend of € 1.64 (+4%) is proposed in respect of the 2012/13 financial year, in line with the customary policy of cash payout of approximately 1/3 of net profit from recurring operations.
Conclusion and outlook
Pernod Ricard delivered a solid performance in 2012/13 within a less favourable macro-economic environment.
For 2013/14, the macroeconomic outlook is likely to be as follows:
- global economic growth generally comparable(7) to that of 2012/13
- emerging(2) markets in sustained growth albeit to a lesser extent and with trends that differ per country
- on-going good growth in the United States
- continued difficulties in Western Europe but with initial signs of improvement
In this context, Pernod Ricard’s global and balanced exposure is an asset with which to seize growth opportunities.
Pernod Ricard therefore remains confident in its ability to pursue its growth.
1) Organic growth
2) List of emerging markets available in appendix
3) Retail price > USD 17 for spirits and > USD 5 for wine
4) Margin and debt ratios are based, for the USD, on the average rate for the relevant periods
5) Retail price > USD 200
6) Nielsen data
7) Source: IMF
About Pernod Ricard
Pernod Ricard is the world’s co-leader in wines and spirits with consolidated sales of € 8,575 million in 2012/13. Created in 1975 by the merger of Ricard and Pernod, the Group has undergone sustained development, based on both organic growth and acquisitions: Seagram (2001), Allied Domecq (2005) and Vin & Sprit (2008). Pernod Ricard holds one of the most prestigious brand portfolios in the sector: Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Kahlúa and Malibu liqueurs, Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, Brancott Estate, Campo Viejo and Graffigna wines. Pernod Ricard employs a workforce of nearly 19,000 people and operates through a decentralised organisation, with 6 “Brand Companies” and 80 “Market Companies” established in each key market. Pernod Ricard is strongly committed to a sustainable development policy and encourages responsible consumption.
Pernod Ricard’s strategy and ambition are based on 3 key values that guide its expansion: entrepreneurial spirit, mutual trust and a strong sense of ethics. Pernod Ricard is listed on the NYSE Euronext exchange (Ticker: RI; ISIN code: FR0000120693) and is a member of the CAC 40 index.
Audit procedures on the consolidated financial statements have been carried out. The Statutory Auditors’ report will be issued following their review of the management report.
The Annual Financial Report related to this press release and the presentation to financial analysts are available at www.pernod-ricard.com.
PERNOD RICARD CONTACTS
Jean TOUBOUL / VP, Financial Communication & Investor Relations
T : +33 (0)1 41 00 41 71
Sylvie MACHENAUD / Director External Communications
T : +33 (0)1 41 00 42 74
Alison DONOHOE / Investor Relations
T : +33 (0)1 41 00 42 14
Carina ALFONSO MARTIN / Press Relations Manager
T : +33 (0)1 41 00 43 42
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Pernod Ricard Sales and Results FY 2012 2013
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- Digi Communications NV announces Investors Call for the Q3 2022 Financial Results presentation
- Sygnum Bank and Artemundi tokenize Warhol’s Marilyn Monroe artwork
- Your Daily Commutes Will be Seamless, Connected and Productive.
- The secondary market platform THELAPHANT.IO introduces, for the first time in Israel: "a stock liquidity plan" for high-tech employees and companies
- Teavaro and CDP Institute Offer Free Online Course on Identity Resolution
- Digi Communications N.V. announces a Subsequent Amendment of the Company’s 2022 financial calendar
- Digi Communications N.V. announces an Amendment of the Company’s 2022 financial calendar
- 12-month real-world achievements for Diabeloop’s Automated Insulin Delivery (AID):
- Digi Communications N.V. announces the availability of the Instruction regarding the Payment of Dividends for the Financial Year 2021
- Simplify Content za usluge organskog Content Marketinga otvara svoja vrata poduzećima da (zajedno) uspješno kreiraju kvalitetan i relevantan sadržaj za potencijalne i postojeće klijente
- Digi Communications N.V. announces the approval of interim dividend distribution and updates regarding the 2022 Financial Calendar
- A new, creativity-based educational method increases the ability to solve problems with young people, in the social field, or when building a team in the company
- Digi Communications NV announces the release of the H1 2022 Financial Results
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- Digi Communications NV announces Investors Call for the H1 2022 Financial Results
- Digi Communications N.V. Announces the update of its 2022 Financial Calendar
- Digi Communications N.V. Announces the conclusion by the Company’s Spanish subsidiary of an amendment agreement to the facility agreement dated 26 July 2021
- Customer Data Platform Industry Grew Strongly in First Half of 2022: CDP Institute Report
- Metadeq Announces Breakthrough Non-Invasive Blood Test that Solves NASH Diagnosis Problem
- Η HBC Consulting Expert θεωρεί παράλογη την εμπλοκή του κυπριακού δικαστηρίου στην υπόθεση κληρονομιάς από τη χήρα του ολιγάρχη Μπόσοφ
- Esperto della società di consulenza HBC: le autorità italiane non hanno permesso a Katerina Bosov di vendere la villa del marito
- HBC Consulting Expert considers senseless the involvement of the Cypriot court in the case of inheritance by the widow of oligarch Bosov
- Fusion BPO Services is Opening New Center in Kosovo
- Hi-SIDE demonstrates an integrated high speed satellite data chain architecture at data rates exceeding 10 Gigabits per second
- Digi Communications N.V. announces that a joint venture of its subsidiary in Romania designated as one of the winners of the auction organized by the Belgian Institute for Postal Services and Telecommunications for the allocation of mobile spectrum frequency user rights
- KI-basierte Geldanlage für Privatpersonen – Velvet AutoInvest erhält 1,3 Mio. USD Seed-Investment
- Haizol Now Offer 3D Printing Services to Customers Worldwide
- Caravel Capital Fund Showcased At Secure Spectrum’s Hedge Fund Seminar
- Diabeloop, a key player in therapeutic AI applied to insulin delivery, announces 70 million euros new financing round to accelerate its international expansion
- Digi Communications NV Announces Availability of the 2021 Preliminary Annual Report (including the Company’s audited non-statutory Consolidated financial statements issued as per IFRS EU)
- Digi Communications N.V. Announces that conditional stock options were granted to executive directors of the Company and to directors and employees of the Company’s Romanian Subsidiary
- Caravel Capital Investments Inc. Founding Partner to Speak at Secure Spectrum Hedge Fund Seminar
- Digi Communications NV announces a correction of clerical errors by Amending the Q1 2022 Financial Report
- Digi Communications NV announces the release of Q1 2022 Financial Results
- Digi Communications N.V. announces Investors Call for the Q1 2022 Financial Results presentation
- Yield Crowd Tokenizes US $50M Real Estate Portfolio on Stellar Blockchain
- Digi Communications N.V. Announces an Amendment to the Financial Calendar for 2022
- Diabeloop presents new real-life results of DBLG1® System: Confirmed improvement in Time In Range +18.4 percentage points; Reduction of time spent in hypoglycemia to only 0.9%
- How two female entrepreneurs are redefining the lake travel industry
- Vil du være med å utvikle fremtidens bærekraftige reiseliv?
- Mettiti alla prova con la terza edizione del CASSINI Hackathon per rivitalizzare il settore turistico
- Προκαλέστε τον εαυτό σας στο 3ο CASSINI Hackathon και στοχεύστε την αναζωογόνηση του τουρισμού!
- Participez au 3e Hackathon CASSINI et relevez le défi de redynamiser le tourisme!
- 3. CASSINI Hackathon zur Neubelebung des Tourismus: Stellen Sie sich der Herausforderung!
- Írd újra Európa turizmusát a 3. CASSINI Hackathonon!
- Aceita o desafio do 3º CASSINI Hackathon para revitalizar o turismo!
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- Diabeloop adapts its self-learning, personalized insulin automatization software to be used with insulin pens
- Amadeus unveils five defining trends for the US group travel and events industry in 2022
- On World Bipolar Day ALCEDIAG announces EIT Health supported EDIT-B Consortium validating innovative blood diagnostic test for bipolar disorder
- Global & Europe Mental Health Software and Devices Market to Witness a Revenue of USD 13367.12 Million by 2030 by Growing with a CAGR of 13.28% During 2021-2030; Increasing Concern for Mental Health Disorders to Drive Market Growth
- Digi Communications NV announces the release of the 2021 Preliminary Financial Results
- Digi Communications NV announces Investors Call for the 2021 Preliminary Financial Results presentation
- At MWC in Barcelona, Amphenol will be exhibiting its wide offering for wireless service providers – including Open RAN compatible active 5G antennas
- ELIOS combined with cataract surgery delivers significant IOP reduction out to 8 years
- Tableau comparatif des pays : les caractéristiques à connaître avant de se développer à l’international
- Smart exosomes from an Australian technology leader
- Bucharest Digi Communications N.V. announces Share transaction made by an executive director of the Company with class B shares
- Transmetrics AI is Applied by DB Schenker to Improve Land Transport Network in Bulgaria
- Digi Communications N.V.: Announces repayment of an aggregate amount of approx. EUR 272 million of the Group’s financial debt
- El Liceo Europeo vence el Premio Zayed a la Sustentabilidad 2022 en Europa y Asia Central
- Framework rebrands to daappa, heralding a new phase in fintech solutions designed for private markets
- Digi Communications N.V. Announces the publishing of the Financial Calendar for 2022
- Manufacturing giant Haizol expands their offices in China
- Patients and R&D Leaders Jointly Present at EU Conference on Progress with Patient-Input to Transform Medicine Development
- Seminário Bíblico sobre “O Cumprimento da Palavra de Jesus no Mundo de Hoje”
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- Maya Miranda Ambarsari launches InterconnectDATA information platform for authentic data
- Digi Communications N.V. Announces that the offer of the Company’s Romanian subsidiary was designated winner of the auction organised for the allocation of certain radio frecquency entitlements
- New dating site aimed at people with mental health problems launches in Switzerland
- BITSCore Tests Satellite Cyber-Security and Ride-Share Algorithms on Australian Rocket
- StatusMatch.com ed Emirates collaborano per aiutare i frequenti viaggiatori italiani a tornare in volo
- StatusMatch.com and Emirates partner up to help Italian frequent flyers get back in the air
- MinDCet drivers and FTEX powertrain solutions enable EV GaN applications
- Digi Communications NV announces the release of the Q3 2021 Financial Results
- Origami and citoQualis Team up for Startups
- Digi Communications NV announces Investors Call for the Q3 Financial Results presentation
- Digi Communications N.V. announces the extraordinary general meeting’s resolution from 4 November 2021, approving the appointment of KPMG N.V. as the Company’s statutory auditor for the 2021 financial year
- Digi Communications N.V. announces The solution reached by the Bucharest Court of Appeal regarding the investigation conducted by the Romanian National Anticorruption Directorate with respect to RCS & RDS S.A., Integrasoft S.R.L. and certain of their directors
- Digi Communications N.V. Announces the results of the auction organised by the Portuguese Authority for Telecommunications
- Haizol expands its capabilities to include component assembly and product development
- EIC, the World’s Largest Multinational Innovation Program, to Invest €13.4M in Wi-Charge, a Game Changing Wireless Power Company
- European Weightlifting Federation on its way for Electoral Congress
- “Without women, We are unable to solve the world’s greatest challenges” — She Loves Tech 12 Hot Finalists ready to get their chance at the Local Pitch in South Europe!
- Significant improvement in increasing Time In Range and reducing hypoglycemia among people equipped with Diabeloop DBLG1
- Digi Communications N.V. Announces the Convocation of the Company’s Extraordinary General Meeting of Shareholders on 4 November 2021 in order to appoint KPMG N.V. as the Company’s new statutory auditor for the financial year 2021
- Unit of Measure enters partnership with Stibo Systems
- Haizol, metal manufacturing giant, launch a brand new website which is both user friendly and interactive
- Groundbreaking Immersive Experience from Samsung and Artist Michael Murphy Reveals a New Perspective for Visual Entertainment Through the Stunningly Slim Neo QLED TV
- Collaboration between Airbus and Neural Concept
- Archpriest Nikolay Balashov on Patriarch Bartholomew’s speeches in Kiev
- ABB's Peter Voser joins Xynteo's Europe Delivers partnership as it new Chairman
- Digi Communications NV announces that a new stock option programme was approved
- Leverage the benefits of digital manufacturing with Haizol
- Digi Communications NV announces the release of the H1 2021 Financial Results
- Digi Communications NV announces Investors Call on the Financial Results for H1 2021
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- CSA Research’s New Localization Intelligence Analyzer, powered by LocHub, Helps Organizations Improve their Website’s Effectiveness for Global Customers
- Customer Data Platform Industry Accelerated During Pandemic: CDP Institute Report
- Digi Communications N.V. announces that two of its subsidiaries entered into two facility agreements
- Introducing Cap Expand Partners, Helping Business Leaders Break International Barriers
- Hong Kong’s Innovation and Technology Venture Fund Becomes Strategic Financial Investor of Ignatica
- Cure for prostate cancer on the horizon
- Fanpictor signs multi-year partnership with Royal Belgian Football Association
- Fanpictor unterzeichnet mehrjährige Partnerschaft mit dem Königlich Belgischen Fussballverband
- Fanpictor signe un partenariat pluriannuel avec la Royal Belgian Football Association
- Fanpictor firma una colaboración de varios años con la Real Federación Belga de Fútbol
- Fanpictor firma una partnership pluriennale con la Royal Belgian Football Association
- Fanpictor tekent meerjarige partnership met Koninklijke Belgische Voetbalbond
- Launch of the New Akenza Platform
- De zelflerende algoritme DBLG1®: eenvoudig te gebruiken voor een optimale en gepersonaliseerde behandeling van diabetes type 1
- Launch of the Anna Lindh Foundation Virtual Marathon for Dialogue!
- Digi Communications N.V. announces the exercise of stock options by the Executive Director of the Company pursuant to the decision of the Company’s general meeting of shareholders dated 30 April 2020 and in accordance with the stock option plan approved at the level of the Company in 2017
- New research unlocks long tail growth opportunity for the tech industry
- Digi Communications NV announces the availability of the instructions on the 2020 share dividend payment
- Digi Communications NV announces that conditional stock options were granted to several Directors of the Company based on the approval of the general meeting of shareholders from 18 May 2021
- Digi Communications N.V. Announces the Company’s General Shareholders Meeting resolutions adopted on 18 May 2021 approving, amongst others, the 2020 Annual Accounts
- Digi Communications N.V. (“Digi”) announces the Q1 2021 Financial results
- Digi Communications NV announces Investors Call for the Q1 2021 Financial Results
- Digi Communications N.V. announces an Amendment to the 2021 Financial Calendar
- Fastpayhotels Hits an Industry Milestone by Connecting 500 Hotels Per Day Through DerbySoft Technology
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- Mono Solutions recognizes Norwegian small business agency with best website 2021 award
- Mono Solutions and Xrysos Odigos unlock new opportunities for small businesses
- Behind the scenes of a 10,000-people online conference: creating a live-event atmosphere and leveraging cybersecurity software
- Largest Supply Chain for Face masks, FFP2, FFP3 and cloth masks
- TRANSMAR AND TRANSMETRICS SIGN DEAL FOR STATE-OF-THE-ART LOGISTICS COLLABORATION
- Amendment of Digi Communications N.V. Financial Calendar for 2021
- 4iG and Digi Communications NV’s Romanian subsidiary have entered into a term sheet with regards to a potential acquisition by 4iG of DIGI Group’s Hungarian operations
- “Building Healthy Relationships and Enhancing Gender Equality”: Young women from Cyprus, Egypt, Lebanon and Jordan come together
- Bring Ventures investit dans Crossborderit (CBIT), DDP et une solution de commerce électronique
- Bring Ventures investiert in Crossborderit (CBIT), eine DDP (geliefert verzollt) und E-Commerce Lösung
- Bring Ventures invests in Crossborderit (CBIT), DDP and ecommerce solution
- Lionspeed GP with Patrick Kolb and Lorenzo Rocco joins forces with CarCollection Motorsport in 2021
- Eurekos, ein klassenbester LMS-Anbieter, hat seine Position im renommierten Fosway 9-Grid™ für Lernsysteme verbessert
- Eurekos, en førsteklasses LMS-udbyder, har forstærket sin position på den prestigefyldte Fosway 9-Grid™ for læringssystemer
- Eurekos, ein erstklassiger LMS-Anbieter, hat seine Position auf dem renommierten Fosway 9-Grid™ für Lernsysteme weiter ausgebaut
- Digi Communications N.V. announces Share transaction made by an executive director of the Company with class B shares
- Digi Communications N.V.: Announces an Amendment to the Financial Calendar for 2021
- Ideanomics Invests $13M in Italian EV Motorcycle Company, Energica
- DigiSky and Asman Technology Announce Global Reseller Agreement
- Neowintech - O Marketplace Da Sua Próxima Solução Financeira
- Neowintech - Il Marketplace per la tua prossima soluzione finanziaria
- PIONEERING DECENTRALISED SECURE MESSAGING PLATFORM MANYONE ANNOUNCES STRATEGIC RELATIONSHIP WITH UNIVERSITY COLLEGE LONDON CENTRE BLOCKCHAIN TECHNOLOGY
- Digi Communications NV announces the release of the 2020 Preliminary Financial Results
- Fraunhofer IGD develops automated robotic arm to scan cultural objects in 3D, now cooperating with Phase One
- Adapt Fast or Disappear – Choosing the Right Supplier
- Digi Communications NV announces Investors Call for the 2020 Preliminary Financial Results
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- URSAPHARM Arzneimittel et CEBINA annoncent un partenariat pour reconvertir l'antihistaminique azélastine afin de lutter contre la COVID-19
- URSAPHARM Arzneimittel y CEBINA anuncian una colaboración para readaptar el antihistamínico azelastine para combatir la COVID-19
- URSAPHARM Arzneimittel and CEBINA announce partnership to repurpose the antihistamine azelastine to combat COVID-19
- ANIL UZUN Will Launch Bass Guitar Lessons Series on Youtube
- Henrik Stampe Appointed CEO for Mono Solutions
- Anna Mossberg leder Nordens största privata AI-lab i Sverige: "Utan AI riskerar svenska företag att förlora sin konkurrensfördel."
- What COVID-19 has taught us about manufacturing & the importance of a digital online marketplace
- Digi Communications N.V. announces: the Supreme Court of Hungary dismissed the Company’s appeal related to the 5G Tender procedure
- Customer Data Platform Industry to Reach $1.5 Billion in 2021: CDP Institute Report
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