By Miranda Murray BERLIN (Reuters) -German Chancellor Friedrich Merz vowed on Wednesday to make Europe's biggest economy competitive again after the cabinet approved measures aimed at reducing bureaucracy and making it quicker and easier to do business through AI and digitisation. "We are of course aware of the problems facing the German economy at the moment, but we aspire to return to the top," Merz said at a press conference at the Borsig Palace on Berlin's outskirts. Under Merz, Germany has shifte ...

Financial Performance - Total Revenue was $3,037.2 million, a decrease of 1.5% compared to HY24[11] - EBITDA increased by 2.8% to $252.6 million, with an EBITDA margin of 8.3%, up 0.3 percentage points from HY24[11, 12] - NPATA increased by 11.9% to $119.4 million[8, 13] - Cash conversion ratio increased to 93.2%, up from 87.3% in HY22 and 2.5 percentage points from HY24[8, 11] Growth and Pipeline - Work in Hand increased by 19.4% to $20.6 billion[8, 14, 17] - Strategic wins in HY25 amounted to $4.3 billion, up from $1.5 billion in HY24[17] Shareholder Returns - Interim dividend declared was 10.71 cents per share, an increase of 43.4% compared to HY22[8] - $82.5 million of capital was returned to shareholders through an on-market buyback in HY25[8, 54] - The buyback target was increased to $150 million[43, 54] Outlook - Upgraded FY25 guidance forecasts NPATA growth of 10-12%[8, 78] - The company has secured approximately $3.2 billion of new work with nbn in the past 6 months[71]

“This is the digitisation of astronomy.” William O’Mullane explains why @VRubinObs will transform the practice of astronomy forever, on “Babbage” https://t.co/QuGZccYVLI ...