fabriziof
Forumer storico
E invece mi sbagliavo
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (7 lettori)
- Creatore Discussione gionmorg
- Data di Inizio
bia06
Listen other's viewpoint avoid conflicts & wars.
captain sparrow
Forumer storico
default no, ma una bella botta si. se poi scoppia il virus in USA.... difficile fare previsioni esatte, ma non serve essere indovini per prevedere parecchi ulteriori casini
bia06
Listen other's viewpoint avoid conflicts & wars.
Ciao, per questo emittente i dati dei prossimi 2 trimestri almeno, probabilmente per l'intero 2020, non saranno buoni. Non c'e' fretta ad entrare.
Ci sono emittenti tipo Netflix e Superior Industries in cui la situazione potrebbe paradossalmente migliorare (o almeno non peggiorare) nel 2020.
Ci sono emittenti tipo Netflix e Superior Industries in cui la situazione potrebbe paradossalmente migliorare (o almeno non peggiorare) nel 2020.
captain sparrow
Forumer storico
Ekosem-Agrar AG expands organic farming business segment
Walldorf, 6 March 2020 – Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, is successively expanding its organic farming operations. In addition to the organic farm Savinskaya Niva in the Kaluga region, which was certified to EU standards in 2015 and to Russian standards in 2019, three other conventional farms of the Group in the Orenburg, Novosibirsk and Moscow oblasts are currently being converted to organic farming.
Especially in the Moscow region, the conversion is progressing fast. With a total of 3,600 hectares, a large part of the farm’s agricultural land already meets the requirements for organic farming. Another 2,000 hectares could follow in the coming months. The farm in the Orenburg region has already received EU certification for organic farming for 7,000 hectares of its total 11,000 hectares. The land that used to be conventionally farmed is still in the two-year conversion phase that precedes the marketing of certified organic products. During this phase, all regulations for organic farming must already be complied with. Uncultivated land may be converted directly. The farm in the Novosibirsk oblast is expected to be certified before the end of this year.
In addition to the EU seal of Kiwa BCS, the three new organic farms are also to be certified according to the Russian GOST standard for “products from organic production” in 2020.
Anatolij Nakarjakov, Head of the Organic Farming Business Unit: “We are very satisfied with the conversion process to date. Especially in the area of crop farming, we already made significant progress in 2019 and expanded our organic agricultural land from originally 6,000 hectares in the Kaluga region to meanwhile over 16,000 hectares in four regions. All in all, the complete conversion of the three additional farms will enable us to expand our organic agricultural land to around 27,000 hectares.”
Besides crop farming, its is also planned to establish and expand suckler cow farming and dairy farming at the new organic farms. At the farms in the Orenburg and Novosibirsk regions, the previously conventional suckler cow herds are to be expanded from around 5,300 cattle to 10,000 organically kept cattle. In organic dairy farming, Ekosem-Agrar plans to significantly expand the dairy cow herd for the production of organic raw milk of the farm in the Moscow oblast from currently around 320 to up to 1,500 dairy cows. These could produce up to 10,000 tons of organic raw milk per year.
Stefan Dürr, main shareholder and CEO of Ekosem-Agrar AG: “The consumption of organic products is becoming more and more important also in Russia. By converting selected farms to organic farming and expanding our organic milk and meat production, we are pioneering a Russian market that is characterized by high-quality products and, consequently, by attractive margins.”
About Ekosem-Agrar
Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of the largest Russian agricultural companies. A herd of approx. 190,000 cattle in milk production (thereof about 100,000 dairy cows) and a daily output of approx. 2,500 tons of raw milk make the company the largest milk producer in the country. The Group controls an agricultural land area of about 600,000 hectares and is also one of the leading Russian seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in the Russian agricultural sector since the end of the 1980s and has been instrumental in modernizing the industry in the past three decades. In 2009, he was awarded the Order of Merit of the Federal Republic of Germany in recognition of his contributions to the German-Russian Dialogue on Agriculture. The Group employs roughly 14,000 people and has a presence in nine regions in Russia. Ekosem-Agrar generated a total output of EUR 377 million and adjusted EBITDA of EUR 116 million in 2018. Further information is available at: www.ekosem-agrar.de
Ekosem-Agrar Contact
Adrian Schairer // T: +49 (0) 6227 3585 936 // E: [email protected]
Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: [email protected]
Press / Investor Relations
Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: [email protected]
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- Conversion process of three more farm started in 2019
- Agricultural land to be expanded from 6,000 hectares to around 27,000 hectares
- Herd to be increased from 320 to up to 1,500 dairy cows
Walldorf, 6 March 2020 – Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, is successively expanding its organic farming operations. In addition to the organic farm Savinskaya Niva in the Kaluga region, which was certified to EU standards in 2015 and to Russian standards in 2019, three other conventional farms of the Group in the Orenburg, Novosibirsk and Moscow oblasts are currently being converted to organic farming.
Especially in the Moscow region, the conversion is progressing fast. With a total of 3,600 hectares, a large part of the farm’s agricultural land already meets the requirements for organic farming. Another 2,000 hectares could follow in the coming months. The farm in the Orenburg region has already received EU certification for organic farming for 7,000 hectares of its total 11,000 hectares. The land that used to be conventionally farmed is still in the two-year conversion phase that precedes the marketing of certified organic products. During this phase, all regulations for organic farming must already be complied with. Uncultivated land may be converted directly. The farm in the Novosibirsk oblast is expected to be certified before the end of this year.
In addition to the EU seal of Kiwa BCS, the three new organic farms are also to be certified according to the Russian GOST standard for “products from organic production” in 2020.
Anatolij Nakarjakov, Head of the Organic Farming Business Unit: “We are very satisfied with the conversion process to date. Especially in the area of crop farming, we already made significant progress in 2019 and expanded our organic agricultural land from originally 6,000 hectares in the Kaluga region to meanwhile over 16,000 hectares in four regions. All in all, the complete conversion of the three additional farms will enable us to expand our organic agricultural land to around 27,000 hectares.”
Besides crop farming, its is also planned to establish and expand suckler cow farming and dairy farming at the new organic farms. At the farms in the Orenburg and Novosibirsk regions, the previously conventional suckler cow herds are to be expanded from around 5,300 cattle to 10,000 organically kept cattle. In organic dairy farming, Ekosem-Agrar plans to significantly expand the dairy cow herd for the production of organic raw milk of the farm in the Moscow oblast from currently around 320 to up to 1,500 dairy cows. These could produce up to 10,000 tons of organic raw milk per year.
Stefan Dürr, main shareholder and CEO of Ekosem-Agrar AG: “The consumption of organic products is becoming more and more important also in Russia. By converting selected farms to organic farming and expanding our organic milk and meat production, we are pioneering a Russian market that is characterized by high-quality products and, consequently, by attractive margins.”
About Ekosem-Agrar
Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of the largest Russian agricultural companies. A herd of approx. 190,000 cattle in milk production (thereof about 100,000 dairy cows) and a daily output of approx. 2,500 tons of raw milk make the company the largest milk producer in the country. The Group controls an agricultural land area of about 600,000 hectares and is also one of the leading Russian seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in the Russian agricultural sector since the end of the 1980s and has been instrumental in modernizing the industry in the past three decades. In 2009, he was awarded the Order of Merit of the Federal Republic of Germany in recognition of his contributions to the German-Russian Dialogue on Agriculture. The Group employs roughly 14,000 people and has a presence in nine regions in Russia. Ekosem-Agrar generated a total output of EUR 377 million and adjusted EBITDA of EUR 116 million in 2018. Further information is available at: www.ekosem-agrar.de
Ekosem-Agrar Contact
Adrian Schairer // T: +49 (0) 6227 3585 936 // E: [email protected]
Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: [email protected]
Press / Investor Relations
Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: [email protected]
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salice02
Forumer storico
Sarebbe stato meglio che non fosse mai iniziata..
waltermasoni
Caribbean Trader
French Shipping Group Says Chinese Trade Volumes Bouncing Back
By Antonio Vanuzzo
(Bloomberg) -- It’s ground zero for the coronavirus but China’s manufacturing and trade is rebounding, says the shipping firm that carries one in every eight containers from Asia to Europe and the U.S.
Chinese production capacity “has shown signs of improvement since the end of February,” France’s CMA CGM, the world’s third-largest container shipping firm, said in an annual earnings report on
Friday.
“There has been an upturn in volumes and a major catch-up effect is expected once the health situation stabilizes, as Western countries will be seeking to rebuild their inventories,” the company said. “The Group therefore expects to operate a normal capacity fleet as of mid-March.”
CMA CGM conceded that the annual rebound after the Chinese New Year holiday has taken longer than usual in 2020. But the optimistic tone stands in contrast to the carnage sweeping through global financial markets with investors taking fright at the likely economic fallout as the virus extends its grip around the world.
CMA CGM has struggled in recent months with the fallout of trade disputes between the U.S. and China and investors have raised questions about how it will refinance about $1 billion of debt maturing by next year.
The company acquired logistics firm Ceva last year, contributing to a 29% increase in revenue at the cost of almost doubling its debt to $18 billion.
This month it signed a three-year extension to $535 million of credit lines due this year and a cost reduction plan will deliver $1.3 billion in savings during 2020, according to the company’s statement.
The company’s notes due January 2025 are down 5 cents at 62 cents on the euro, the lowest level on record.
In December, a group of hedge funds proposed to provide new money to pay off bonds maturing in 2021 with CMA vessels guaranteeing the debt, but management turned down the offer, people familiar with the matter said at the time.
———————///
CMA CGM Extends $535m Loans Due 2020, Sees China Volume Upturn
By Antonio Vanuzzo
(Bloomberg) -- Co. says CMA CGM and NOL signed this month a three-year extension to credit lines due in 2020, according to an emailed statement.
· Revenues up 19% to $7.5b in 4Q19 compared to 4Q18 driven by Ceva acquisition
o Net loss of $122m vs $15m
· Co. records increase in volumes in China and expects major catch-up effect when coronavirus situation stabilizes, as Western countries will be seeking to rebuild inventories
· Expects to operate normal capacity fleet as of mid-March
NOTE: French Shipping Giant’s Debt Plan At Risk Amid Virus Fears
By Antonio Vanuzzo
(Bloomberg) -- It’s ground zero for the coronavirus but China’s manufacturing and trade is rebounding, says the shipping firm that carries one in every eight containers from Asia to Europe and the U.S.
Chinese production capacity “has shown signs of improvement since the end of February,” France’s CMA CGM, the world’s third-largest container shipping firm, said in an annual earnings report on
Friday.
“There has been an upturn in volumes and a major catch-up effect is expected once the health situation stabilizes, as Western countries will be seeking to rebuild their inventories,” the company said. “The Group therefore expects to operate a normal capacity fleet as of mid-March.”
CMA CGM conceded that the annual rebound after the Chinese New Year holiday has taken longer than usual in 2020. But the optimistic tone stands in contrast to the carnage sweeping through global financial markets with investors taking fright at the likely economic fallout as the virus extends its grip around the world.
CMA CGM has struggled in recent months with the fallout of trade disputes between the U.S. and China and investors have raised questions about how it will refinance about $1 billion of debt maturing by next year.
The company acquired logistics firm Ceva last year, contributing to a 29% increase in revenue at the cost of almost doubling its debt to $18 billion.
This month it signed a three-year extension to $535 million of credit lines due this year and a cost reduction plan will deliver $1.3 billion in savings during 2020, according to the company’s statement.
The company’s notes due January 2025 are down 5 cents at 62 cents on the euro, the lowest level on record.
In December, a group of hedge funds proposed to provide new money to pay off bonds maturing in 2021 with CMA vessels guaranteeing the debt, but management turned down the offer, people familiar with the matter said at the time.
———————///
CMA CGM Extends $535m Loans Due 2020, Sees China Volume Upturn
By Antonio Vanuzzo
(Bloomberg) -- Co. says CMA CGM and NOL signed this month a three-year extension to credit lines due in 2020, according to an emailed statement.
· Revenues up 19% to $7.5b in 4Q19 compared to 4Q18 driven by Ceva acquisition
o Net loss of $122m vs $15m
· Co. records increase in volumes in China and expects major catch-up effect when coronavirus situation stabilizes, as Western countries will be seeking to rebuild inventories
· Expects to operate normal capacity fleet as of mid-March
NOTE: French Shipping Giant’s Debt Plan At Risk Amid Virus Fears