Net sales through the fourth quarter 2010 amounted to SEK 1,383 M (1,011) - an increase of 37 percent. Shipped tonnage rose by 21 percent and the average sales price by 13 percent.The operating result with the quarter improved by SEK 25 M to some lack of SEK 8 M (negative 33) and underlying EBITA amounted to SEK 11 M (9).For a further step in BE Group's process to proceed inside value chain, Lecor St?lteknik was Louis Vuitton Key Pouch Ivoire M6660M Fashion Purses Louis Vuitton Purses acquired in October. ? Roger Johansson became the new President of BE Group effective from January 1, 2011.Obama of BE Group, Roger Johansson, made these comments around the report for your fourth quarter of 2010: "In one more quarter of year, BE Group experienced weaker demand than expected. Besides the seasonal downturn, this is mainly explained using a declining price trend along with an unfavorable sales mix. This lead to an unsatisfactory margin for the fourth quarter. Throughout the quarter, clearly there was some uncertainty concerning the future steel price trend. However, with purchasing prices having risen at the begining of 2011, so have BE Group's sales prices. Because of this, we'll be raising our prices while in the first quarter.
The integration of the acquired company Lecor St?lteknik in Kung?lv, Sweden, has progressed as planned plus the operations a favorable influence on the outcome of Business Area Sweden. From the fourth quarter, a choice appeared obtain SEK 36 M within a new production facility in Kung?lv. In the quarter, investments totaling SEK 14 M were also approved for that facility in Lahti, Finland. The idea would be to further strengthen the Group's offering in advanced production services. Since oncoming of 2011, we certainly have noted a clear boost in demand. Together with the increases in steel prices indicated for your first 50 % of the year, this suggests a more favorable market climate, that can benefit BE Group."Consolidation with the world's stock exchanges has gathered pace with two more merger announcements. On Wednesday, pet owners in the London and Toronto stock markets agreed a "merger of equals", and, shortly afterwards, Deutsche B?rse (DB) and NYSE Euronext confirmed plans to amalgamate.The modern developments are part of a trend to consolidate industry Louis Vuitton Key Pouch Noir M6660M Fashion Purses Louis Vuitton Purses by storm growing competition from small trading ventures (which might be enjoying advances in technology) and also the opportunities furnished by tighter international regulations.Exchanges don't be surprised to gain from new rules (for example the Dodd-Frank act the united states) which have been forcing derivative products (off-exchange financial instruments) onto exchanges, where they could be more readily monitored.A couple weeks ago, Russia's top exchanges, Micex Group and RTS, said they planned to merge. A basic public offering is anticipated in Moscow while in the better half of 2012.
In late December, Kansas-based trading platform BATS Global Markets announced takeover talks for that pan-European platform Chi-X Europe. In October, Singapore Exchange Ltd announced a US$8.3 billion offer for that Australian Securities Exchange.The sale between London and Toronto will probably contain the greatest effect on mining companies. The enlarged transatlantic group is the largest on this planet the number of listings (over 6,700 companies, through an aggregate market capitalisation of almost US$6,000 billion) and be the best exchange for natural resources, mining and companies.
Ernst Young's global head of mining and metals, Michael Lynch-Bell, described the announcement as "very welcome news". He noted that this Toronto Stock market (TSX) has typically attracted start-up and exploration companies, whereas the London Wall street game (LSE), with use of far deeper pools of capital, has been the focus for developed and diversified businesses. "A merger of the premier markets would collect two complimentary platforms, widening mining companies' having access to capital."
The London Wall street game Group plc (LSEG) is valued in excess of US$3.6 billion. Beyond just the LSE, it operates the Italian currency markets Borsa Italiana and has now a stake in FTSE International Ltd, which manages over 100,000 equity, bond portable crusher and hedge fund indexes. Revenue this season was ?633 million (US$1.02 billion).The TSX is operated by TMX Group Inc, and that is valued just under US$3.0 billion. Moreover, it operates the TSX Venture Exchange, the Montreal Exchange plus the Gas Exchange. TMX also owns Shorcan Brokers Ltd (a hard and fast income inter-dealer broker), Equicom (a venture capitalist relations subsidiary) and it has many stake inside the Boston Options Exchange. Revenue 2010 was C$626 million (US$629 million).The primary executive of TMX, Thomas Kloet, will likely be president on the LSEG-TMX group, with all the CEO of LSEG, Xavier Rolet, becoming the revolutionary CEO. Inside of a joint press release, both companies said "Canadian customers will benefit from admission to one of several world's deepest capital pools, while European issuers could have a simple yet effective gateway to Usa financial markets".Within the the agreement, TMX shareholders would receive almost three LSEG ordinary shares per TMX share. LSEG shareholders will emerge with 55% from the enlarged group, with TMX shareholders holding 45%.
LSEG-TMX is targeting additional revenue of ?35 million (US$56 million) within 36 months, growing to ?100 million in annual revenue benefits within five years. This will originated from various sources, including "facilitation of portable crusher cross-listings and admissions for customers (subject to regulatory approval), the wider availability of services with the merged group's enhanced distribution and footprint, and also the development of new releases.Both the companies envisaged annual cost synergies of below US$60 million afterwards of year two. (On the flip side, the mooted DB-NYSE amalgamation envisaged annual cost savings of over US$400 million.)The board from the merged LSEG-TMX group will incorporate 15 directors, with eight being nominated by LSEG (this it really is envisaged three will probably be from Borsa Italiana) and seven being nominated by TMXAlthough portable crusher few benefits are hoped for to emerge for listed mining companies in the growing process, it can be expected the fact that amalgamation will in the end ease dual listing in Toronto and London.portable crusher
Ernst Young's global head of mining and metals, Michael Lynch-Bell, described the announcement as "very welcome news". He noted that this Toronto Stock market (TSX) has typically attracted start-up and exploration companies, whereas the London Wall street game (LSE), with use of far deeper pools of capital, has been the focus for developed and diversified businesses. "A merger of the premier markets would collect two complimentary platforms, widening mining companies' having access to capital."
The London Wall street game Group plc (LSEG) is valued in excess of US$3.6 billion. Beyond just the LSE, it operates the Italian currency markets Borsa Italiana and has now a stake in FTSE International Ltd, which manages over 100,000 equity, bond portable crusher and hedge fund indexes. Revenue this season was ?633 million (US$1.02 billion).The TSX is operated by TMX Group Inc, and that is valued just under US$3.0 billion. Moreover, it operates the TSX Venture Exchange, the Montreal Exchange plus the Gas Exchange. TMX also owns Shorcan Brokers Ltd (a hard and fast income inter-dealer broker), Equicom (a venture capitalist relations subsidiary) and it has many stake inside the Boston Options Exchange. Revenue 2010 was C$626 million (US$629 million).The primary executive of TMX, Thomas Kloet, will likely be president on the LSEG-TMX group, with all the CEO of LSEG, Xavier Rolet, becoming the revolutionary CEO. Inside of a joint press release, both companies said "Canadian customers will benefit from admission to one of several world's deepest capital pools, while European issuers could have a simple yet effective gateway to Usa financial markets".Within the the agreement, TMX shareholders would receive almost three LSEG ordinary shares per TMX share. LSEG shareholders will emerge with 55% from the enlarged group, with TMX shareholders holding 45%.
LSEG-TMX is targeting additional revenue of ?35 million (US$56 million) within 36 months, growing to ?100 million in annual revenue benefits within five years. This will originated from various sources, including "facilitation of portable crusher cross-listings and admissions for customers (subject to regulatory approval), the wider availability of services with the merged group's enhanced distribution and footprint, and also the development of new releases.Both the companies envisaged annual cost synergies of below US$60 million afterwards of year two. (On the flip side, the mooted DB-NYSE amalgamation envisaged annual cost savings of over US$400 million.)The board from the merged LSEG-TMX group will incorporate 15 directors, with eight being nominated by LSEG (this it really is envisaged three will probably be from Borsa Italiana) and seven being nominated by TMXAlthough portable crusher few benefits are hoped for to emerge for listed mining companies in the growing process, it can be expected the fact that amalgamation will in the end ease dual listing in Toronto and London.portable crusher
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