Seiko Epson Corp. (Epson) today proposed the following executive changes at a meeting of its board of directors. The changes are subject to approval at the company’s annual general meeting, board meeting and board of statutory auditors meeting to be held on June 25, 2008.
Catalyst Paper posted a net loss of $37.4 million ($0.17 per common share) on sales of $399.5 million in the first quarter of 2008. This compared to net earnings of $12.4 million ($0.06 per common share) on sales of $381 million in the last quarter of 2007 – results that largely reflected favourable tax adjustments – and to a net loss of $25.6 million ($0.12 per common share) on sales of $478.1 million for the same period in 2007.
At a meeting of its board of directors, Seiko Epson Corp. (Epson) today determined the following changes to its lineup of executive officers. The changes will take effect on June 25, 2008.
Dividend to rise from 0.53 euros to 0.70 euros per share
Trendsetting technological innovations, the consistent further development of its product range and the expansion of its worldwide sales network are the three pillars on which the success of Beckhoff Automation stands. The company finished the preceding financial year once again with a strong growth rate of 22 % and achieved global turnover of 232 million euros with its 1,050 employees.
Krones, the worlds market leader for beverage filling and packaging technology, achieved significant growth in the first quarter of 2008. Sales were 17.9 % up on the preceding years figure, at 595.2 million euros. Order bookings climbed by 9.0 % to reach 607.3 million euros. On 31 March 2008, Krones order backlog totalled 903.0 million euros, 13.0 % up on the previous year.
Paper costs are rising, mail rate hikes are looming and competition from new media continues to grow. Yet marketers’ use of direct mail and other printed materials is stronger than it’s been in years.
