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Mediterranean Villa / Architectural office TOBIS-inzenjering

first_imgMediterranean Villa / Architectural office TOBIS-inzenjeringSave this projectSaveMediterranean Villa / Architectural office TOBIS-inzenjering Projects ArchDaily 2015 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/880565/mediterranean-villa-architectural-office-tobis-inzenjering Clipboard Croatia Mediterranean Villa / Architectural office TOBIS-inzenjering Houses “COPY” CopyHouses, Refurbishment•Pula, Croatia Products used in this ProjectFiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsSave this picture!Courtesy of Architectural office TOBIS -inzenjeringText description provided by the architects. Croatia-based architecture studio TOBIS Engineering recently finished Villa Martinuzzi, a gorgeous Mediterranean villa located in Pula, Croatia.The house was dating back to 1890.Save this picture!Courtesy of Architectural office TOBIS -inzenjeringNew owner had one simple request for his villa, with not so simple detail; a living space that is combination of traditional and modern, but designed without forcing this popular “let’s build old” style.Save this picture!Courtesy of Architectural office TOBIS -inzenjeringSave this picture!Ground Floor PlanSave this picture!Courtesy of Architectural office TOBIS -inzenjeringGround floor with 45 cm thick stone walls was imagined as a traditional base for the contemporary first floor. Ground floor features modern kitchen, original staircase, bathroom, bedroom and living room with the dining room. Part of the slanted roof is covered in glass, letting the daylight pass through the roof and glass hallway floor on the upper level all the way to the ground floor. Upper floor features two bathrooms and three bedrooms.Save this picture!Courtesy of Architectural office TOBIS -inzenjeringSave this picture!First Floor PlanSave this picture!Courtesy of Architectural office TOBIS -inzenjeringThe façade panels are of different formats, arranged in irregular raster. In the end everything became whole, both old and new, and stone and glass, and black floors and stone walls.Save this picture!Courtesy of Architectural office TOBIS -inzenjeringProject gallerySee allShow lessSpotlight: Henry Hobson RichardsonArchitecture NewsCaruso St. John to Transform the British Pavilion Into a Politically Charged Meeting…Architecture News Sharecenter_img Save this picture!Courtesy of Architectural office TOBIS -inzenjering+ 46 Share Area:  328 m² Year Completion year of this architecture project “COPY” Manufacturers Brands with products used in this architecture project Manufacturers: Swisspearl, kamen benkovac, staklo-piletic Products translation missing: en-US.post.svg.material_description Year:  Architects: Architectural office TOBIS-inzenjering Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/880565/mediterranean-villa-architectural-office-tobis-inzenjering Clipboard CopyAbout this officeArchitectural office TOBIS-inzenjeringOfficeFollowProductsWoodStoneConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentPulaCroatiaPublished on September 29, 2017Cite: “Mediterranean Villa / Architectural office TOBIS-inzenjering” 29 Sep 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogWoodTechnowoodPergola SystemsWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialCommunications2NIntercom – 2N® IP BaseSkylightsLAMILUXGlass Skylight FE Pyramid/HippedConcreteKrytonCrystalline Waterproofing – KIMWood Boards / HPL PanelsBruagWall Cladding – MDF Perforated PanelsStonesMikado QuartzQuartz Slab – ClassiqueFloorsFranken-SchotterFlooring Panels – Dietfurt LimestoneWindowspanoramah!®ah! CornerFittingsSaliceStorage Accessories – Excessories, Pull- outArmchairs / Couches / Futons / PoufsEmuSeating System – TamiMore products »Save想阅读文章的中文版本吗?历史、当代、未来三种代表材料的拼接艺术 / Architectural office TOBIS-inzenjering是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Disaster Preparedness Urged in Pasadena Ahead of Statewide Earthquake Drill

first_img Subscribe Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena <span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”>?</span>Click on flyer to enlargeThe threat of approaching flames to the foothill communities of Pasadena from the Bobcat Fire in the Angeles National Forest has subsided, and the county has seen significant strides in the fight against the COVID-19 pandemic in recent weeks.Now, officials are urging the public to remain mindful of another looming threat to Southern California: Earthquakes.The third Thursday of October each year marks California’s statewide earthquake drill known as the Great Shakeout. This year, it will fall on Oct. 15.For many in Pasadena, the point was driven home earlier this month when a 4.5-magnitude earthquake epicentered deep underground along the Whittier Fault near South El Monte shook the region on Sept. 18, but resulted in no reported damage or injuries.Margaret Vinci was ready to go when she felt the shaking. As she often advises others, she had equipment including a flashlight, sturdy shoes and a hardhat at the ready beneath her bed.The likelihood of broken glass strewn around in the wake of an earthquake is high, so “Put on those items first before you jump out of bed,” she said.Following the Northridge Earthquake of 1994, “The number one injury was cut feet. Second: cut hands,” Vinci said.Vinci lives and breathes earthquakes. She serves as manager of the Office of Earthquake Programs at Caltech and is a regional ShakerAlert coordinator, a volunteer with the Pasadena Fire Department’s Community Emergency Response Team, or CERT, and a coordinator of Pasadena’ “Map Your Neighborhood” emergency response program. She was part of the original committee that formed the Great ShakeOut in 2008.While people may react differently to various forms of disaster, such as evacuating from a fire or sheltering in place following an earthquake, “With any disaster, preparedness is the same,” Vinci said. “The more prepared you are, the better your survivability,”In addition to shoes and a flashlight near the bed, Vinici said people should also have additional supply kits at the ready. A “go bag” should contain all the needed supplies for three days. And multiple bags should be made, so they can be kept in the home, in the car and in the workplace, in case a disaster occurs while away from home. A larger disaster kit should contain “Anything needed to camp for three to four weeks,” Vinci said.“Water is key. One gallon per person per day, for seven to 10 days, if not longer,” according to Vinci.The kit should also include “things that you use every day: Hygiene items, deodorant, makeup…”It’s also wise to include some specialized equipment, such as a whistle to signal for help, or a crowbar to help free people trapped by debris.Pets will need food, toys, and water as well, she said. Booties are also a good idea to prevent animals from stepping on broken glass.People should take time to make a plan to react to an earthquake in each room of their homes, paying attention to where hazards are.Upon feeling an earthquake or receiving an electronic earthquake early warning, people should immediately duck, cover and hold on tight, and not try to wait to see how intense the shaking will get, she said.“Drop before the shaking throws you off your feet. Get under something, hold onto whatever you’re under so it doesn’t walk away from you,” Vinci said. If there is nothing to hide beneath, she suggests getting near an interior wall.By the time alerts are sent out, “You only have seconds. The earthquake has started,” Vinci said. The system is designed to issue alerts to areas where a 4.5-magntitude or greater earthquake has been detected and expected shaking intensity reaches a predetermined limit. Those closest to the epicenter receive little or no warning, while those farther out may get an alert several seconds before shaking is felt, Vinci explained.Those who are in bed when an earthquake strikes should remain there and cover their heads with pillows and blankets, she said.“Beware of aftershocks. Don’t be near glass, don’t be near chimneys, don’t go outside until it’s safe,” she advised. Even in the wake of an earthquake, “Be cognizant of social distancing.”Pasadena takes part in the “Map Your Neighborhood” program, which is designed to help neighbors look out for one another in the wake of a disaster.Participants take part in a 90-minute program, which includes a video presentation and a brochure. The idea is to link neighborhoods of 18 to 22 households so that neighbors can check on each one within an hour of an earthquake or other disaster.Neighbors are encouraged to get to know each other and learn how many people live in each home, whether children or people with special needs live inside, whether there are animals, and so forth. With that knowledge, people can check on vulnerable neighbors in the wake of a disaster without delay.Neighbors also create a map of their neighborhood, taking note of where each home’s gas and water shutoffs are located under the program, Vinci said.Community members are also able to identify what assets exist in their neighborhood. From plumbers to medical professionals, when coping with a tragedy, “everybody has an asset,” Vinci said.The ongoing pandemic has made communicating the importance of earthquake preparedness extra challenging this year, according to Vinci.“It is difficult, trying to get these messages out in a world where we have to do social distancing,” she said.The city’s CERT team has temporarily halted training new members amid the pandemic. Officials were still determining whether they would adopt an online training program, or wait until the pandemic passes to resume training CERT members.Those unable to take part at 10:15 a.m. on Oct. 15 are urged to practice the drill on a different time or day, at their convenience, Vinci said.“You can ShakeOut when and where you want, whether that’s at home, work, school, or even through a video conference,” ShakeOut organizers said in a written statement. “We can and should still practice how to be safe when the earth shakes, especially when your situation changes.”Those taking part are encouraged to register for the California Shakeout online at shakeout.org/california, where additional information is also available.More information on Pasadena’s Map Your Neighborhood program is available online at cityofpasadena.net/fire/community-programs/map-your-neighborhood. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Herbeauty8 Celebrities Who’ve Lost Their FandomsHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeauty 19 recommended0 commentsShareShareTweetSharePin it center_img STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy STAFF REPORT First Heatwave Expected Next Week CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Make a comment Public Safety Disaster Preparedness Urged in Pasadena Ahead of Statewide Earthquake Drill By BRIAN DAY Published on Tuesday, September 29, 2020 | 2:22 pmlast_img read more

Axway Software – 2020 Full-Year Results: Success of the Transformation Plan, Resilience of the…

first_img 54.7 2019 Americas           33.2 99.1 Twitter -4.4 Cost of sales PARIS–(BUSINESS WIRE)–Feb 24, 2021– Regulatory News: Axway Software’s (Paris:AXW) Board of Directors, chaired by Pierre Pasquier, today conducted an in-depth review of the consolidated and annual financial statements 1 for the year ended December 31, 2020. The Board of Directors was pleased with Axway’s success in transforming its business model despite the difficult macroeconomic context. Axway announces the following results for 2020:             3.6 1.6 2020 * Alternative performance measures are defined in the glossary at the end of this document (€m) Revenue -0.6 17.6 Operating expenses 295.8 12.9  of which Research and development           21.1  Other non-current liabilities 41.8 Axway Software : Consolidated Income Statement 25.5 -4.2 30.8 2020 – Americas           29.2 Profit from Recurring Operations % Rev. 5.9% 70.5% Axway Software           72.8 Change in lease liabilities 42.7 Pinterest 283.8           69.2 + 0.5% 3.5 – 51.2% 178.8 -5.1           17.3 36.0 Current liabilities Income tax paid net of accrual           17.3 Axway Software: Revenue by business line – 6.6% 2019 -0.9 + 63.2%+ 65.8% Maintenance           33.9 8.6% Cost of net financial debt Subscription           97.3 12.1 297.2 Asia/Pacific             5.2 2020 -3.6 Net profit for the period + 2.2%+ 5.2% 8.5 + 8.2%+ 8.2% By Digital AIM Web Support – April 6, 2021 Axway Software: Changes in exchange rates – 19.6% + 2.5%+ 0.1% Asia/Pacific             4.1 – 0.9% 0.40 France           23.0 88.4 License revenue was €25.8 million in 2020 (9% of total revenue), an organic decrease of 50.6%. As anticipated and communicated in previous announcements, the License activity remained under strong pressure throughout 2020. While for more than 24-months the market trend has been very favourable for subscription models, the COVID-19 pandemic and the extremely limited visibility that has resulted from it have accelerated the adoption of the most flexible contractualization models by customers. For the second consecutive year, Subscription activity was buoyant. Revenue grew organically by 65.8% in 2020, reaching €97.3 million. Total growth was 63.2%. Now accounting for one-third of company revenue, Subscription has, as expected, been Axway’s primary source of growth over the period. Despite the challenging market environment, Axway’s large and robust customer base has relied heavily on the agility of the company’s solutions to continue accelerating their digital transformation. Over 2020, the Annual Contract Value (ACV) of new subscription contracts signed was €31.9 million, an increase of 79.7% compared to the previous year. While Axway enjoys its position as a leader in the full lifecycle API management market, the company has made its Amplify API offering the preferred route to benefit from hybrid integration. This trend was notably materialized by the signature of two major Amplify’s API contracts, worth several million euros each, by existing customers. During the year, the Signature Metric 2 was up 15.2%, while the Net Signature Metric, restated for Maintenance attrition, grew 10.2%. Maintenance revenue was €138.2 million in 2020, representing 46% of total revenue. The organic decrease was limited to 4.5% year-on-year. During the year, the acceleration in the adoption of the most flexible contractual models by customers led to a migration of the value of certain Maintenance activities to the Subscription revenue line. Axway’s recurring revenue, which includes Subscription and Maintenance activities, represented 79% of total revenue, or €235.5 million. This includes €44.3m of upfront revenues recognized on the signature of subscription contracts. Services saw revenue decline by 10.6% organically in 2020 to €36.0 million (12% of total revenue). Directly impacted by travel restrictions caused by the COVID-19 crisis in certain regions where services are provided on-site at clients’ facilities, the activity grew slightly in the US where remote services are common practice. 297.2 (€m)           30.3 Non-current assets  – 1.8% 25.8 US Dollar           1.142 0.25 Net cash used in investing activities           67.3 2 nd Quarter 2020 (€m)Q2 2020Q2 2019Restated*Q2 2019ReportedTotalGrowthOrganicGrowth Sub-total License, Subscription & Maintenance Americas         125.3 1 Audit procedures have been carried out on the financial statements. The Statutory Auditors’ report is in the process of being issued. 2 See Glossary – Alternative Performance Measures View source version on businesswire.com:https://www.businesswire.com/news/home/20210224005781/en/ CONTACT: Investor Relations: Arthur Carli – +33 (0)1 47 17 24 65 –[email protected] Press Relations: Sylvie Podetti – +33 (0)1 47 17 22 40 –[email protected] KEYWORD: FRANCE EUROPE INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT OTHER PROFESSIONAL SERVICES TECHNOLOGY OTHER TECHNOLOGY MOBILE/WIRELESS SOFTWARE SOURCE: Axway Software Copyright Business Wire 2021. PUB: 02/24/2021 11:45 AM/DISC: 02/24/2021 11:45 AM http://www.businesswire.com/news/home/20210224005781/en         129.8 – 16.8% Axway Software: Revenue by geographic area 126.2 + 75.7%+ 73.7% 11.0 – 2.3% 13.6 -3.6           71.7 -0.9 – 1.0% + 0.5% -8.1 – 0.9%           12.9 Axway Software: Revenue by business line         126.2 – 5.0% 10.4% France generated revenue of €93.5 million over the year (32% of total revenue), representing organic growth of 8.2%. The sharp decline in license sales was largely offset by the exponential growth in the country’s Subscription business, which grew by more than 264% in 2020. This excellent performance was made possible by the signature of five subscription contracts with a value of over one million euros each over the year. Rest of Europe, with revenue of €62.3 million (21% of total revenue), declined 7.1% organically in 2020. In all countries in the region, the very good momentum in Subscription activity (+75.8%) was not enough to stabilize revenue for the year. Axway has been impacted by the paralysis of several key sectors of the economy where large clients are major players. On the positive side, in 2020, the company regained position in the United Kingdom with the establishment of a new team that has been instrumental in several key wins against direct competitors on the API market. The Americas (USA & Latin America) generated revenue of €125.3 million (42% of total revenue) in 2020, almost stable organically (-0.7%) compared to the previous year. Although license sales were down in the region over the year, they were more resilient than in the rest of the world. As in the other geographic areas, Subscription was the fastest growing activity over the year. In Asia/Pacific, Axway posted yearly revenue of €16.1 million (5% of total revenue), representing organic growth of 0.3%. Despite significant disparities in the level of activity over the different quarters, sales finally improved slightly over the year. Comments on 2020 net profit Profit from recurring operations as well as Operating profit reached €17.6 million in 2020, 5.9% of revenue, including allocated intangible asset amortization expense of €8.2 million and non-cash stock expense of €5.1 million. Income tax expense for the year totalled €5.1 million, an effective tax rate of 37.5%. Axway’s net profit amounted to €8.5 million for the year, or 2.9% of revenue, an increase of 57% compared to 2019. Finally, basic earnings per share was €0.40 in 2020 compared to €0.25 a year earlier. Financial position at December 31, 2020 At December 31, 2020, Axway had a solid financial position, with cash of €16.2 million and bank debt of €40.2 million. Free cash flow was stable over the year and amounted to €-0.7 million in 2020 compared to €0.6 million in 2019. At December 31, 2020, shareholders’ equity amounted to €355.5 million compared to €362.6 million a year earlier. As a reminder, at the beginning of 2019, Axway renegotiated its bank lines until 2026, thereby securing financing of up to €125.0 million. Change in the workforce At December 31, 2020, Axway had 1,888 employees, a stable headcount compared to the previous year. Proposed dividend for financial year 2020 At its upcoming Annual General Meeting scheduled for May 25, 2021, Axway will ask shareholders to approve the distribution of a dividend with a value of €0.40 per share. 2021 Targets & Outlook For 2021, Axway’s objective is to achieve organic growth of its revenue of between 2 and 4%. The company also aims to improve its profitability and has a target of achieving an operating margin on business activity rate between 11 and 13% of revenues in 2021. Axway confirms its previously announced mid-term ambitions: → to achieve revenue of €500 million through organic growth in sales and acquisitions → to return to operating margin on business activity rates above 15% and gradually move towards 20% → to sustainably increase earnings per share to above €1 The company will detail its 2021-2023 strategic plan on its first Capital Market Meeting, scheduled to take place by the end of the first half of 2021. Today, Wednesday, February 24, 2021, 6.30 p.m. (UTC+1): 2020 Full-Year Results Virtual Analyst Conference. → Webcast registration: Click here Or join by phone by dialing one of the numbers below and announcing “Axway” at the operator’s request: – International standard: +44 (0) 33 0551 0200 / France : +33 (0) 1 7037 7166 / USA : +1 212 999 6659 Please note that the meeting will be held in English. Financial Calendar Wednesday, February 24, 2021, 6.30 p.m. (UTC+1): 2020 Full-Year Results Virtual Analyst Conference Thursday, March 18, 2021: 2020 Universal Registration Document AMF Filing and Publication Wednesday, April 21, 2021, after close of trading: Publication of Q1 2021 Revenue Tuesday, May 25, 2021: 2021 Annual General Meeting Tuesday, July 27, 2021, after close of trading: Publication of 2021 Half-Year Results Tuesday, July 27, 2021, 6.30 p.m. (UTC+1): 2021 Half-Year Results Virtual Analyst Conference Glossary – Alternative Performance Measures Restated revenue: Revenue for the prior year, adjusted for the consolidation scope and exchange rates of the current year. Organic growth: Growth in revenue between the period under review and the prior period, restated for consolidation scope and exchange rate impacts. Growth at constant exchange rates: Growth in revenue between the period under review and the prior period restated for exchange rate impacts. ACV: Annual Contract Value – Annual contract value of a subscription agreement. TCV: Total Contract Value – Full contracted value of a subscription agreement over the contract term. Signature metric: Amount of License sales plus three times the annual contract value (3xACV) of new subscription contracts signed over a given period. Net Signature metric: Signature metric net of the Maintenance attrition by migration to new subscription contracts Profit on operating activities: Profit from recurring operations adjusted for the non-cash share-based payment expense, as well as the amortization of allocated intangible assets. Disclaimer This press release contains forward-looking statements that may be subject to various risks and uncertainties concerning the Axway’s growth and profitability, notably in the event of future acquisitions. Axway highlights that signatures of license contracts, which often represent investments for customers, are more significant in the second half of the year and may therefore have a more or less favourable impact on full-year performance. In addition, Axway notes that potential acquisition(s) could also impact this financial data. Furthermore, activity during the year and/or actual results may differ from those described in this document as a result of a number of risks and uncertainties set out in the 2019 Universal registration document filed with the French Financial Markets Authority ( Autorité des Marchés Financiers, AMF) on April 14, 2020 under number D.20-0289. The distribution of this document in certain countries may be subject to prevailing laws and regulations. Natural persons present in these countries and in which this document is disseminated, published, or distributed, should obtain information about such restrictions, and comply with them. About Axway Axway (Euronext: AXW.PA) empowers customers to succeed using hybrid integration to connect people, systems, businesses, and digital ecosystems. Axway’s hybrid integration platform, Amplify, helps enterprise power users, IT specialists, developers, and partners accelerate digital transformation, create captivating experiences, and innovate new services. Amplify speeds integrations by combining traditional integration patterns with API Management and Application Integration (providing over 150 prebuilt connectors). Over 11,000 organizations in 100 countries rely on Axway for their data integration challenges. To learn more, visit www.investors.axway.com/en Appendices (1/5) – 5.5% 5.4 33.2 Other financial revenues and expenses Rest of Europe           13.5           36.5 15.4 – 2.1% 31/12/2018 259.1 2.6 10.4% – 14.6% Changes in scope License             7.0             9.9 -7.7           32.0 -0.3 + 65.4%+ 71.4% – 2.6% (% Rev)           12.7         146.7 Facebook – 0.9%           67.0           12.3 4.8%           11.4           13.7 -1.6 – 3.5% Closing cash position 39.4 553.8 97.3 1.8% Full-year 2020 (€m) 58.1  Cash and cash equivalents  568.8           69.2           11.1 18.3 32.8 Change in operating working capital requirements (incl. employee benefits liability) – 25.7% 320.3 Rest of Europe           14.2 Facebook 191.1 + 63.5%+ 69.7% Key income statement items* 295.8 Total Equity           71.2  Intangible assets  12.5             9.2 Axway Software: 2020 Full-year results (€m) Axway Software: Impact on revenue of changes in scope and exchange rates 146.7 – 0.9% WhatsApp – 6.8% 17.6 31.9           19.2 29.7 2020 Services             8.8 137.9 Total Equity and Liabilities  Revenue at constant exchange rates 6.8 Full-year 2020 7.9% 312.8 €m 355.5 Subscription           21.5           40.2 Full-year 2020           29.3 568.8  Other current liabilities           11.1 + 0.5%         295.8 Appendices (2/5) 4 th Quarter 2020 (€m)Q4 2020Q4 2019Restated*Q4 2019ReportedTotalGrowthOrganicGrowth + 0.9%+ 0.7%           16.5           87.2 – 6.7%           20.5 Maintenance           33.6 Axway Software           64.4 70.3%             3.7           13.7 – 18.1% Services             8.9 3.9% Americas           30.1 -23.2 442.7           21.0 2 nd Quarter 2020 (€m)Q2 2020Q2 2019Restated*Q2 2019ReportedTotalGrowthOrganicGrowth France           93.5 14.3 -2.7  Lease liabilities – short-term portion -1.1  Deferred Revenues Total growth  of which License and Maintenance 300.0 130.6  Other current assets  35.8 44.2 – 10.2% 559.3           36.3 5.6 – 50.6% – 7.2% -8.2 – 2.0% – 7.1% + 0.3%           59.6           4.413             3.8             3.9 + 2.6%+ 4.3% 52.8 87.6           71.5  Trade receivables  17.6 4.8% Subscription           38.1 – 27.3% + 10.8%+ 10.8% Local NewsBusiness           15.2 350.0 – -6.8 17.6 -3.0 35.8           19.6 Average rate2019 – 4.2 – 3.6% + 34.3%+ 39.3% 330.3 -4.9 Brazilian Real           5.894 167.8 Axway Software           87.9           33.9           15.2           71.2 56.5 5.9% 4.9% Services -1.4 + 0.9%+ 0.7% Opening cash position           27.3 31/12/2019 70.5% – 3.2% 38.3             5.0 4 th Quarter 2020 (€m)Q4 2020Q4 2019Restated*Q4 2019ReportedTotalGrowthOrganicGrowth – 21.0%           36.0 Other flows Net interest paid 22.9 1.2 Services             9.3           20.3 16.2 0.0 – 57.4% – 4.0% 1.6 0.52 % Rev. 13.4 14.3 Axway Software           72.2 4.4 Appendices (5/5) 22.5 -0.7 92.9 + 0.5%           40.8 1 st Quarter 2020 (€m)Q1 2020Q1 2019Restated*Q1 2019ReportedTotalGrowthOrganicGrowth           10.6 Full-year 2020For 1€ Average rate2020           18.3 59.6  Other non-current assets  Asia/Pacific           16.1 138.2             9.4 + 3.8% 24.2 2019Restated*2019ReportedTotalGrowthOrganicGrowth           36.9 Effect of foreign exchange rate changes Income taxes – 34.4           20.3           16.1 Total Assets             9.5 84.2 Net change in cash and cash equivalents           36.6 40.8           71.7  of which Subscription – 12.6% – 9.8%           22.2 0.0 37.3 – 10.1%             5.2 Profit on operating activities 24.9           30.0 -14.7 -10.7 199.7 – 11.9% Cash from operations after cost of net debt and tax 23.1 Changes in exchange rates + 2.2%+ 5.2% Subscription           15.7 5.4 – 48.2%           10.9 Organic growth – 4.5% 61.3 58.0  of which General and administrative License             6.6           87.2 -2.4           10.9 30.8 297.2 WhatsApp Pinterest  Reserves and net profit Services             8.9 – 5.0% 3 rd Quarter 2020 (€m)Q3 2020Q3 2019Restated*Q3 2019ReportedTotalGrowthOrganicGrowth -2.7 60.4 Amortization of intangible assets 2019 – 0.7% Previous articleBenning, Fairfield visit MonmouthNext articleEnviva Partners, LP Reports Financial Results for the Fourth Quarter and Full Year of 2020 and Announces Commitment to “Net Zero” Digital AIM Web Support             3.8 (% Rev) 5.9% Revenue – 10.6%           12.7 Other income and expense items         300.0  of which Services           18.3 €m Operating profit * Revenue at 2020 scope and exchange rates -0.8 82.5 14.6 License             8.3 Assets Cost of net financial debt         300.0 8.6% 209.7 203.9 -2.7 Operating Profit  Goodwill  – 75.7           12.4 Appendices (3/5) Net profit 2018           71.5 Gross profit 1.8% 11.0 239.7           86.4 0.40 24.9 – 8.9% – 2.7% Axway Software: Simplified Balance Sheet 22.6 297.2 – 57.2% 8.5 License           25.8 % Rev. – 64.4% -8.6 26.7           37.7 – 25.1% Axway Software           72.8 -7.9 Axway Software – 2020 Full-Year Results: Success of the Transformation Plan, Resilience of the New Business Model 33.9 42.3 13.1 42.5  Financial debt – short-term portion 131.1 -4.2           35.9 23.5 – 17.1% 2019 Current assets  22.8           67.0 -2.9 422.9 Growth Change in loans 5.4 – 11.3%           23.0 22.9           67.7 28.9           11.0 Rest of Europe           18.6         295.8  of which License 21.1 – Axway Software         297.2 136.4 553.8           67.1 Basic earnings per share (in €) Profit from recurring operations 142.8  of which Sales and marketing Equity and Liabilities  License             3.9 21.1 42.5 – 5.8% 3 rd Quarter 2020 (€m)Q3 2020Q3 2019Restated*Q3 2019ReportedTotalGrowthOrganicGrowth           33.8 320.1  Lease right-of-use assets Maintenance         138.2 344.1 France           32.3 362.7 Net cash from operating activities -5.2  Property, plant and equipment  Growth at constant exchange rates 25.1 13.6 65.6 -1.1 28.1 5.9% 11.4 300.0 Non-current liabilities Patrick Donovan, Chief Executive Officer, declared: “I am very pleased to see that our 2020 results and Axway’s performance over the last three years are in line with our ambitions. Our efforts have resulted in the desired returns for our key stakeholders, and despite the many challenges the world has faced over the past year, Axway is in a better position than it was 3 years ago. As we recognize Axway’s 20 th anniversary, we celebrate having taken up many challenges to claim a leading position in our markets. We have invested in our products and made significant operational changes in several key areas, to be ever closer and more responsive to our customers. We have strengthened the environment of mutual trust with our employees through transparent dialogue. We have delivered against our planned roadmap; we have regularly achieved our financial objectives and our products have gained market support. In other words, we have built a solid foundation for the future of our company! In 2021, we will concentrate on refining our customer-focused strategy and will continue to invest in our offerings to meet customers’ expectations. We will also continue to rigorously manage our product portfolio to maximize growth and returns according to our markets’ different maturity levels.” Success of the transformation and new business model In 2020, against the backdrop of a global pandemic, Axway finalized its 3-year transformation plan launched in 2018. Thanks to a focused API-based approach, Axway is now widely regarded as a market leader in hybrid integration. In a severely disrupted environment, the company continued to transform its business model towards subscription-based offerings to respond more effectively to the needs of its 11,000 customers. Thanks to its action plan to address the COVID-19 global crisis, Axway was able to focus on providing the mission critical solutions and services necessary to its customers. Operationally, Axway rapidly adapted its sales, marketing, and customer engagement practices to succeed in the face of the restrictions imposed by the pandemic. Due to travel restrictions and the inability to bring together the various market stakeholders, all commercial events that usually pace the year were held virtually. The “ Open Everything ” campaign contributed successfully to the new business pipeline. In addition, Axway’s reputation has been reinforced by the recognition of its global leadership status and expertise in API management by the most influential independent research firms in the market. Demonstrating an unprecedented level of satisfaction, customers continued to rely on Axway to modernize their systems and accelerate their digital transformation despite the highly disrupted environment. The flexibility of Amplify offers and overall, the resilience of the new business model and the robustness of Axway’s client portfolio enabled the company to maintain organic revenue growth over the year. Through active management, Axway also exceeded its profitability target by improving its operating margin on business activity by 19% over the period. Axway has built its Amplify offering by leveraging the proven capabilities of its API Management Platform, enhanced with powerful integration tooling, support for complex organizational structures and integrations with its market leading MFT and B2B solutions. This differentiating expertise is at the heart of Axway’s strategy and will be an important growth driver in the next chapter of its history. Comments on 2020 business activity and operating performance In 2020, Axway generated revenue of €297.2 million, up 0.5% organically and down 0.9% in total. While the consolidation scope did not evolve, currency fluctuations had a negative impact of €4.1 million on annual company revenue, mainly due to the depreciation of the U.S. dollar and the Brazilian real against the euro. Profit on operating activities was €30.8 million, representing 10.4% of revenue compared to 8.6% in 2019. – 0.9% 40.3 362.6 Net charges to amortization, depreciation and provisions -0.3 Maintenance           35.4 €m – 12.6% 206.2 – 2.6% 25.9 Proceeds on share issues Asia/Pacific             2.9 -4.0 16.2 – 63.5% Change 58.4 0.25 121.4 25.9           20.5 Full-year 2020 (€m) 2020 -19.3 39.2  Lease liabilities – long-term portion 32.2 559.3           35.9 France           17.9  of which Subscription Axway Software: Cash Flow Statement – 15.1% (€m) 297.2 11.2% Asia/Pacific             4.0 Axway Software           64.4 (€m) – 2.0% – 3.0% Profit on Operating Activities           86.4           10.6 19.9 2.9 – 7.4% 23.4 +0.0 2.8 0.3 – 2.8% 185.6 60.6 – 6.9% Maintenance           35.3 -23.7 21.7 -8.3           52.2 + 0.5% 1 st Quarter 2020 (€m)Q1 2020Q1 2019Restated*Q1 2019ReportedTotalGrowthOrganicGrowth 0.7 – 4.0% 2.9% 4.9% 14.6 26.4 6.4% Rest of Europe           62.3 -0.4 Full-year 2020 (€m) 2020           90.2 Total Liabilities 7.6 75.2 300.0 – 6.4% 0.2 Dividends paid 28.3 31/12/2020 + 44.4%+ 41.4% – 48.3%           67.7 France           20.3 -5.1           52.8 32.2 88.1 + 13.2%+ 13.2% + 18.2%+ 18.2% -0.7 1.4           13.4  Share capital TAGS  2.9% 2019Restated*2019ReportedTotalGrowthOrganicGrowth Net cash from (used in) financing activities – 2.0% 422.7             9.2  Financial debt – long-term portion Axway Software           72.2 0.1 53.2           58.7  of which Maintenance – 7.3% 8.5 Americas           32.8 (€m)         144.7 35.8 Full-year 2020           30.0 -8.5           27.3 23.4 21.1 Net Profit attributable to the Group 59.7 2018 Revenue            36.2 20.5 – 11.7% Subscription           21.9             3.6 Axway Software           87.9 + 0.7% Services           36.0 71.9             9.1 28.7 Revenue at constant scope and exchange rates Axway Software         297.2 + 0.7% Other income and expenses -4.1 83.3 -5.6           90.2 Rest of Europe           16.0           1.119 Basic earnings per share (in €) 211.5 + 0.5% (€m) – 18.8% (€m) 261.3 Twitter Stock option expense Axway Software: Revenue by geographic area Appendices (4/5)last_img read more

Walkers Charnwood crowned supreme pie champion

first_imgWalkers Charnwood Bakery walked away from Melton Mowbray with an armful of accolades, including Supreme Champion, at the British Pie Awards on Wednesday.The Leicester-based firm was crowned winner of the cold savoury category for its Pork, Chicken and Ham Pie, produced for Waitrose, which also won the Supreme Champion title.Walkers Charnwood also won the Melton Mowbray Pork Pie category, with its pie for Tesco; the pork pie category, for its Large Pork Pie, made for Henry Walker; and the Presenter’s Choice award, for its Gala Slicing Pie produced for Sainsbury’s.St Mary’s Church in Melton Mowbray saw a total of 713 products entered for judging – a 40% increase on the inaugural British Pie Awards last year. Bathgate-based Boghall Butchers took home the award for the best fish pie, for its Cod with White Wine creation, as well as champion vegetarian pie for its Vegetarian Haggis Pie.The top hot savoury pie was won by Devilish Desserts, with its Steak and Ale Pie; and the winner of the Steak and Kidney Pie category was Peter’s Food Service.For a full list of the winners visit www.britishpieawards.co.uk.last_img read more