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International Paper Completes Divestiture of Five European Corrugated Box Plants to Satisfy Regulatory Commitments from the Acquisition of DS Smith Plc
Prnewswire· 2025-07-01 10:06
Core Viewpoint - International Paper has completed the divestiture of five European plants to PALM Group to meet regulatory commitments from its acquisition of DS Smith Plc [1][2]. Group 1: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and more than 65,000 employees [3]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, enhancing its position in the North American and EMEA regions [3]. Group 2: Details of the Divestiture - The divestiture includes three plants in Normandy, France, one box plant in Ovar, Portugal, and one box plant in Bilbao, Spain [1]. - This sale was part of the agreement with the European Commission to satisfy obligations related to the acquisition of DS Smith Plc [2]. Group 3: About PALM Group - PALM is a family-owned company based in Aalen, Germany, and is a leading European producer of containerboard, graphic paper, and corrugated packaging [4]. - In 2024, PALM operated five paper mills and 33 corrugated box plants in Europe, employing 4,200 people and achieving a turnover of €2 billion [4].
COLOR GOOSE 2025春夏系列正式发布:解构自由时尚边界
Jin Tou Wang· 2025-07-01 04:55
当城市成为钢筋水泥构筑的"无形牢笼",新锐时尚品牌COLOR GOOSE以2025春夏系列发出宣言——"规则是路 径,自由是方向"。本季以「奔跑于都市的户外公园」为灵感原点,将城市绿洲化作创意游乐场,通过解构重组设 计、材质碰撞实验与复古未来美学,重塑当代"都市漫游者"的衣橱语言。系列即日起登陆全球旗舰店及线上平 台,邀请每一位渴望打破框架的个体,以时尚为剑,划破既定生活的边界。 第一章:都市漫游者的双重身份 "既深谙工装法则,又向往无拘自由"COLOR GOOSE本季精准捕捉现代人的矛盾状态:他们是城市的驯服者,亦 是规则的叛逆者。这一双重身份通过设计语言具象化: 工装基因的进化:弯刀廓形长裤以3D立体裁片拼接技术重构传统工装,膝围与小腿围的黄金比例差设计,行走时 形成动态波浪纹路;伐木裤经典口袋被解构为外延0.8cm明线立体口袋,强化机能感轮廓。 自由灵魂的释放:110cm超长斜切裤脚覆盖鞋面1/3,慵懒堆叠感适配老爹鞋穿搭;牛皮纸复合短裤以手工捏皱工艺 模拟"被拆封的信件"形态,内置防水TPU膜层实现50N抗撕裂强度,将环保升级再造(Upcycled)推向极致。 水洗工艺密码:全条喷马骝工艺+酵磨漂洗水 ...
CN to Invest $38 Million in Iowa to Build Capacity and Power Sustainable Growth
Globenewswire· 2025-06-30 17:00
HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$38 million in Iowa, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Iowa and across CN’s network. “We believe that investing in our network is about building for the future. Our contin ...
Marian Van Hoek becomes Managing Director of BASF Canada
GlobeNewswire News Room· 2025-06-30 16:47
MISSISSAUGA, ONTARIO, June 30, 2025 (GLOBE NEWSWIRE) -- The French version of this press release is available here. BASF Canada has appointed Marian Van Hoek as Managing Director, effective July 1, 2025. In this role, Van Hoek will lead BASF Canada, a subsidiary of BASF SE, one of the leading chemical companies worldwide. Since joining BASF Canada in 2015, Van Hoek has held several key positions, including Legal Counsel and Senior Counsel. Most recently, she served as General Counsel and Chief Compliance Of ...
Weaving Faith and Fashion – Designing with Devotion | Manish Tripathi | TEDxVCOE
TEDx Talks· 2025-06-30 16:16
[संगीत] जय श्री राम। मेरा नाम मनीष त्रिपाठी। प्रभु श्री रामलीला सरकार अयोध्या का डिजाइनर। और इससे बड़ी पहचान शायद मैं अपने आप को कभी नहीं दिला सकता था। और आज ये सौभाग्य है कि भगवान प्रभु श्री रामलला सरकार जो पूरे ब्रह्मांड के राजा हैं उनका डिजाइनर कहलाने का सौभाग्य मुझे प्राप्त हुआ है। और आज पूरे एक साल हो चुके हैं। एक साल के ऊपर हो चुका है। प्रभु श्री रामलला सरकार की सेवा में प्रतिदिन हर रोज प्रभु के नए पोशाक उनको बनाकर उनको सजाकर प्रभु की सेवा में अर्पण करने का सौभाग्य भी शायद प्रभु ने हम लोग को दे रखा है ...
Umicore upgrades guidance
Globenewswire· 2025-06-30 16:00
Umicore upgrades guidance Following a strong start in Q1 2025, performance continued to be very solid throughout the first half of the year. In this context and based on the information available to date, Umicore expects H1 Group adjusted EBITDA to come in somewhat above €420 million. This primarily reflects: Stronger-than-anticipated performance of the Catalysis Business Group.A supportive metal price environment, particularly for minor and specialty metals, along with a favorable trading environment in th ...
Wheaton Precious Metals: High Margins, Zero Debt
Seeking Alpha· 2025-06-30 13:12
Group 1 - Wheaton Precious Metals operates a unique streaming model, providing upfront financing to miners in exchange for a percentage of future metal production at low costs [1] - This streaming model has resulted in consistent, high-return investments for the company [1] Group 2 - The company does not own mines, which differentiates it from traditional mining companies [1]
Zoomcar Holdings(ZCAR) - 2025 Q4 - Earnings Call Transcript
2025-06-30 13:00
Financial Data and Key Metrics Changes - The company reported a contribution profit of USD 4.25 million for the fiscal year ending March 31, 2025, compared to a loss of USD 0.98 million in the previous fiscal year, marking the sixth consecutive quarter of positive contribution profit [4][12] - Bookings grew by 10% year over year, with total bookings reaching approximately 427,000 for the fiscal year ending March 31, 2025, up from 388,000 in the previous year [11] - Gross booking value decreased to USD 25.28 million from USD 26.72 million year over year, while revenues fell to USD 9.11 million from USD 9.99 million [12] - Loss from operations declined significantly by 67% to USD 10.4 million from USD 37.32 million in the prior fiscal year [12] - Adjusted EBITDA loss narrowed to USD 9.91 million from USD 17.85 million year over year [13] Business Line Data and Key Metrics Changes - The repeat user rate increased by 86% year over year, with 13% of users booking more than once, up from 7% in the previous fiscal year [5][7] - High-quality host retention improved to 49% from 31% year over year, indicating stronger platform loyalty [5] Market Data and Key Metrics Changes - The company is focusing on expanding high-quality supply to meet growing demand in the Indian mobility market, which is experiencing a cultural shift towards access rather than ownership of vehicles [20] Company Strategy and Development Direction - The company aims to improve customer experience, drive retention, and achieve revenue growth and profitability through operational efficiencies and cost control [6][15] - Future growth will focus on scaling the business model through higher quality supply, smarter demand generation, and deeper platform trust [15][16] - The management is actively exploring strategic mergers and acquisitions to consolidate leadership in the Indian mobility market [29][30] Management's Comments on Operating Environment and Future Outlook - The CEO expressed confidence in the growth potential of the company, highlighting the cultural shift in India towards experiential mobility rather than ownership [20] - The management is optimistic about the company's path to profitability and plans to continue pursuing additional fundraising and debt restructuring to support growth [10][22] Other Important Information - The company successfully raised USD 16.5 million in gross proceeds through private placements, which are being used for debt repayment and business growth [9][10] - The company is in discussions for relisting and prioritizes this as a key focus area [25] Q&A Session Summary Question: What propelled you to join Zoomcar as the CEO? - The CEO has known Zoomcar since its inception and believes in its mission to provide access to personal mobility in India, seeing significant growth potential in the market [19][21] Question: Can you provide more details about the fundraising progress and debt restructuring? - The CFO detailed the gross amount raised and its use for debt repayment and business growth, along with ongoing discussions for further debt restructuring [22][23] Question: What are management's top priorities for the near term? - The CEO outlined priorities including expanding high-quality supply, improving customer engagement, and driving profitability through cost discipline [26][28] Question: Is Zoomcar exploring any strategic M&A opportunities or partnerships? - The CEO confirmed active exploration of strategic options for consolidation in the mobility space, focusing on long-term alignment and platform efficiency [29][30]
Marex Group (MRX) Earnings Call Presentation
2025-06-30 12:26
Diversified Resilient Dynamic This Presentation does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of the Company or any of its affiliates nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of the Company or in connection with any other contract or commitment whatsoever. This presentation does not constitute a ...
Genpact Recognized as One of the World's Most Sustainable Companies by TIME and Statista
Prnewswire· 2025-06-30 12:05
Core Insights - Genpact has been recognized in the TIME World's Best Companies in Sustainable Growth 2025 list, reflecting its strong financial performance and commitment to sustainable business practices [1][2] - The evaluation for this recognition involved 5,700 companies assessed across 20 key performance indicators, with the final ranking of 500 companies based on criteria such as revenue growth, profitability, carbon footprint, water consumption, waste output, and reliance on green energy [2][4] - The company emphasizes a culture of sustainability, investing in upskilling its workforce to drive innovation and deliver purpose-driven work [3][4] Company Performance - Genpact's inclusion in the sustainable companies list highlights its exceptional global talent and the impact of its responsible business practices [1][3] - The company has also been recognized as one of the 2025 World's Most Ethical Companies by Ethisphere for the seventh time and has appeared on Forbes' World's Best Employers list for four consecutive years [4] Commitment to Sustainability - Sustainability is a core aspect of Genpact's culture, with continuous investments in employee development and advanced technologies to help clients achieve sustainable growth objectives [3][4] - The company aims to create lasting value for enterprises globally through operational excellence and innovative solutions [5]