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23.06.2022

Lectra announces the launch of its Automotive Cutting Room 4.0 offer

The automotive industry currently faces a complex set of market dynamics: rising material and transport costs, reduced budgets, changing consumer expectations, increasing challenges related to CSR, etc. In this context, improving efficiency across the whole value chain has become a strategic priority for vehicle and equipment manufacturers. Lectra supports its customers by designing and developing cutting-edge solutions that combine software, equipment, data and services to make its offer the gateway to Industry 4.0.
 
With Industry 4.0, a new range of possibilities is opening up to businesses. The concept and its technologies bring in new value creation and cost control models based on synchronized, flexible and fast processes.
 

The automotive industry currently faces a complex set of market dynamics: rising material and transport costs, reduced budgets, changing consumer expectations, increasing challenges related to CSR, etc. In this context, improving efficiency across the whole value chain has become a strategic priority for vehicle and equipment manufacturers. Lectra supports its customers by designing and developing cutting-edge solutions that combine software, equipment, data and services to make its offer the gateway to Industry 4.0.
 
With Industry 4.0, a new range of possibilities is opening up to businesses. The concept and its technologies bring in new value creation and cost control models based on synchronized, flexible and fast processes.
 
The Automotive Cutting Room 4.0 offer is a set of solutions connected to one other: Vector, the fabric cutting equipment offering the best performance in the market; Empower, a new generation of digital services to leverage Vector's capabilities; Valia, the heart of the new offer, a software for preparing and scheduling production; and Algopex, an application for exploiting and capitalizing on all the data generated by the cutting room, so you can make the best decisions as quickly as possible.
 
Connecting up all the elements of the Automotive Cutting Room 4.0 offer delivers this unprecedented value and enables an unparalleled level of performance to be achieved. Nicolas Favreau, Lectra’s Automotive Marketing Strategy Director, explains: “When the whole cutting room process is digitalized, the data generated are centralized and accessible in real time, helping our customers to make the best decisions at every step of the production process. The benefits are huge. For example, the key performance indicators from the offer’s first users show productivity gains of around 5% and a reduction in material consumption of nearly 2%. That’s unheard of! These results, combined with the agility that the Automotive Cutting Room 4.0 brings and the complete process control, demonstrate the offer’s maximum relevance.”

Source:

Lectra 

21.06.2022

SHIMA SEIKI to exhibit at Pitti Filati 91

SHIMA SEIKI ITALIA S.p.A. will exhibit at the 91st edition of the Pitti Immagine Filati exhibition in Florence, Italy from 29th June till 1st July, 2022. Products exhibited will include the SWG-FIRST124 and N.SIR123SP computerized flat knitting machines as well as APEXFiz™ design software.

The renewed SWG-FIRST124 is a synthesis of all of SHIMA SEIKI’s experience and know-how in computerized shaped knitting, realizing a tremendous range of knitting from full-fashioning and rib shaping to integral knitting. This all-purpose capability is made possible by the revolutionary SlideNeedle™, which, together with loop pressers and transfer jacks, offers remarkable variety, expanding the boundaries of flat knitting with the capability to produce garments that were previously impossible to produce.

SHIMA SEIKI ITALIA S.p.A. will exhibit at the 91st edition of the Pitti Immagine Filati exhibition in Florence, Italy from 29th June till 1st July, 2022. Products exhibited will include the SWG-FIRST124 and N.SIR123SP computerized flat knitting machines as well as APEXFiz™ design software.

The renewed SWG-FIRST124 is a synthesis of all of SHIMA SEIKI’s experience and know-how in computerized shaped knitting, realizing a tremendous range of knitting from full-fashioning and rib shaping to integral knitting. This all-purpose capability is made possible by the revolutionary SlideNeedle™, which, together with loop pressers and transfer jacks, offers remarkable variety, expanding the boundaries of flat knitting with the capability to produce garments that were previously impossible to produce.

The N.SIR123SP computerized knitting machine with intarsia capability features a special loop presser bed for producing hybrid inlay fabrics with both knit and weave characteristics. N.SIR123SP will also feature the special i-Plating option, capable of alternating yarn colors in any pattern, producing jacquard-like designs using plain jersey stitch. Plating can be performed within the same course and for individual needles. In combination with the loop presser and spring-type moveable sinker system even greater diversity in knit design is possible.

APEXFiz™ is subscription-based design software that supports the creative side of fashion from planning and design to colorway evaluation, realistic fabric simulation and 3D virtual sampling. Virtual samples are a digitized version of sample making that are accurate enough to be used effectively as prototypes, replacing physical sampling and consequently reducing time, cost and material that otherwise go to waste. APEXFiz™ thereby helps to realize sustainability and digitally transform the fashion supply chain.

Continuing from past editions of Pitti Filati are knit samples produced in collaboration with Italian designer Vittorio Branchizio. Staff at the SHIMA SEIKI booth will be donning knit uniforms produced as a collaborative effort between SHIMA SEIKI ITALIA, knitting companies and yarn companies.

Source:

SHIMA SEIKI MFG., LTD.

20.06.2022

Lectra joins Euronext Tech Leaders

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces its selection for the new Euronext Tech Leaders stock market index. This brings Lectra into the community of European technology leaders identified by Euronext as innovative and high-growth companies.

The new Euronext Tech Leaders market index, launched on June 7, comprises 100 European technology companies listed on the Euronext markets, which meet various performance and growth criteria. With the launch of this initiative, Euronext aims to offer better visibility and new services to selected European technology leaders.

Lectra, whose connected industrial equipment and software facilitate the digital transformation and Industry 4.0 transition of fashion, automotive and furniture companies, announces its selection for the new Euronext Tech Leaders stock market index. This brings Lectra into the community of European technology leaders identified by Euronext as innovative and high-growth companies.

The new Euronext Tech Leaders market index, launched on June 7, comprises 100 European technology companies listed on the Euronext markets, which meet various performance and growth criteria. With the launch of this initiative, Euronext aims to offer better visibility and new services to selected European technology leaders.

Lectra is one of the 41 French companies that are now members of Euronext Tech Leaders. The company, founded in 1973 on a close relationship with fashion industry players, has also for the last three decades worked globally with automotive equipment and furniture manufacturers. In its three strategic markets, Lectra sells connected equipment that optimizes the cutting processes of fabric, leather and other soft materials used by manufacturers, and markets software and services that streamline their production processes while enabling them to be more agile and make considerable material savings.

In fashion, through the use of market data – made accessible and exploitable by the Internet of Things, the cloud, artificial intelligence and big data – Lectra’s software solutions also enable a better understanding of consumers’ behavior. They therefore facilitate strategic decision-making for brands, manufacturers and distributors at the key steps in the value chain of design, production and distribution. In this industry, the impact of Lectra’s solutions on reducing material consumption is even greater because it takes effect as early as the garment design stage.

Technology and innovation are therefore at the heart of Lectra’s strategy, with the company aiming to become a key player in Industry 4.0 in its strategic markets by 2030.

Source:

Lectra

20.06.2022

Reifenhäuser with solutions for films and nonwovens at K 2022

The Reifenhäuser Group will be represented with four booths at the world's leading trade fair for plastics processing, K 2022, from October 19 to 26. Under this year's Reifenhäuser motto "The Time is Now", the extrusion specialists will show producers of films and nonwovens solutions for the three major topics of the industry: sustainability, digitalization and productivity.

The main booth showcases the Reifenhäuser Blown Film, Cast Sheet Coating and Reicofil business units. With the help of machine exhibits, visual presentations and concrete solutions for end products, visitors will learn, among other things, how they can manufacture fully recyclable products economically, process recyclates safely, increase their output and network the entire production without becoming dependent on systems, specialists or manufacturers. To ensure smooth production even after purchase, Reifenhäuser Service shows how customers can get the best out of their Reifenhäuser products and increase their productivity with rework solutions, modifications, training programs and digital services.

The Reifenhäuser Group will be represented with four booths at the world's leading trade fair for plastics processing, K 2022, from October 19 to 26. Under this year's Reifenhäuser motto "The Time is Now", the extrusion specialists will show producers of films and nonwovens solutions for the three major topics of the industry: sustainability, digitalization and productivity.

The main booth showcases the Reifenhäuser Blown Film, Cast Sheet Coating and Reicofil business units. With the help of machine exhibits, visual presentations and concrete solutions for end products, visitors will learn, among other things, how they can manufacture fully recyclable products economically, process recyclates safely, increase their output and network the entire production without becoming dependent on systems, specialists or manufacturers. To ensure smooth production even after purchase, Reifenhäuser Service shows how customers can get the best out of their Reifenhäuser products and increase their productivity with rework solutions, modifications, training programs and digital services.

The component specialists of the Reifenhäuser Extrusion Systems business unit will additionally present their portfolio at two other exhibition booths. Here, everything revolves around screws, barrels and extruders - and why, especially for processing recycled material, high-performance wear protection is essential for reliability and high economic efficiency. Reifenhäuser Extrusion Systems will also showcase its innovations for flat dies and coextrusion blocks and their coordinated interaction for maximum productivity.

In addition to its own booths, Reifenhäuser will also be present as a partner of the R-Cycle initiative as part of a joint pavilion on the open-air site in the so-called Circular Economy Forum. R-Cycle is a cooperation project of various technology companies and organizations along the entire life cycle of plastic packaging.

Aanother highlight for visitors to the Reifenhäuser trade fair booths is the opportunity to additionally participate in the in-house exhibition on October 20, 21 and 24 at the Reifenhäuser Technology Center.

Source:

Reifenhäuser GmbH & Co. KG Maschinenfabrik

(c) Epson Deutschland GmbH
09.06.2022

Epson: Neue Moverio AR-Brille für industrielle Anwendungen

Epson stellt mit der Moverio BT-45-Reihe die neueste Generation seiner Augmented Reality (AR)-Brillen für Fernwartung (Remote Assistance), Arbeitsablaufschulungen und Trainings speziell im industriellen Umfeld vor. Das Unternehmen erweitert sein Portfolio zu einem Zeitpunkt, zu dem Augmented Reality Technologien ein rasantes Wachstum vorausgesagt wird.

Epson stellt mit der Moverio BT-45-Reihe die neueste Generation seiner Augmented Reality (AR)-Brillen für Fernwartung (Remote Assistance), Arbeitsablaufschulungen und Trainings speziell im industriellen Umfeld vor. Das Unternehmen erweitert sein Portfolio zu einem Zeitpunkt, zu dem Augmented Reality Technologien ein rasantes Wachstum vorausgesagt wird.

Mithilfe der Epson Moverio können sich Mitarbeitende vor Ort mit technischen Expert:innen an entfernten Standorten vernetzen und Informationen sowie Anleitungen per direkter Kommunikation in beide Richtungen visuell und verbal austauschen und übermitteln. Mit der Brille kann freihändig gearbeitet werden und damit direkt auf die Anweisungen des Gegenübers reagiert werden. Auf diese Weise lassen sich komplexe technische Probleme lösen, Reparatur und Wartung unterstützen und Schulungen vor Ort vereinfachen. Zu den Vorteilen für Unternehmen, die AR-Smart Glasses verwenden, gehören unter anderem schnellere Reaktionszeiten, höhere Quoten von Schadensbehebung schon beim ersten Versuch, Produktivitätssteigerung, geringere Reisekosten und eine damit verbundene Senkung von CO2-Emissionen sowie ein wesentlich angenehmeres Arbeiten bei gleichzeitig erhöhter Kundenzufriedenheit.

Source:

Epson Deutschland GmbH

PREMIUM GROUP & JOOR present their first Hybrid Trade Fair Platform (c) Premium Exhibitions GmbH
09.06.2022

PREMIUM GROUP & JOOR present hybrid Trade Fair Platform

Premium Group and JOOR have renewed their partnership to power the SS23 PREMIUM and SEEK trade shows through JOOR’s digital platform, underpinning their belief in the power of a hybrid approach to wholesale.

From 7 - 9 July, buyers visiting the shows in Berlin will be able to learn more about and shop from exhibitors in a new hybrid way. Buyers can discover the full PREMIUM and SEEK portfolio of brands both in-person and online 24/7 by visiting JOOR Passport, JOOR's digital trade show destination.

Premium Group and JOOR have renewed their partnership to power the SS23 PREMIUM and SEEK trade shows through JOOR’s digital platform, underpinning their belief in the power of a hybrid approach to wholesale.

From 7 - 9 July, buyers visiting the shows in Berlin will be able to learn more about and shop from exhibitors in a new hybrid way. Buyers can discover the full PREMIUM and SEEK portfolio of brands both in-person and online 24/7 by visiting JOOR Passport, JOOR's digital trade show destination.

Premium Group unites its various show locations to one cosmos for SS23 at Messe Berlin. The PREMIUM and SEEK shows will be joined by two further components— The Ground is a D2C creative platform for brands and consumers to meet, connect, and collaborate through one-of-a-kind experiences, engaging content, and innovative products, while FASHIONTECH, features masterclasses and panel discussions from the fashion industry’s most brilliant minds. A calendar of content includes deep dives into strong, successful, and sustainable strategies. As part of the content offer, JOOR will facilitate a masterclass on ‘Digital Wholesale’ and a future-looking roundtable discussion with four leading fashion brands on the FASHIONTECH stage.

Throughout the duration of the show, in-person buyers and visitors will have the ability to shop via the Premium Group mobile app. By simply scanning a brand’s corresponding QR code, visitors will link to the brand’s custom profile on JOOR Passport and be able to shop collections directly on the platform. JOOR Passport will also extend the duration of the shows by up to three months, allowing brands to continue wholesale selling digitally outside the window of the physical show.

JOOR and Premium Group’s flexible hybrid format allows visitors and brands a seamless digital and physical introduction to each other and their collections, the opportunity to connect in an efficient, effective, and longer term way, and the convenience to shop the show 24 hours a day from anywhere in the world.

Brands participating include Drykorn, Closed, Bertoni of Denmark, Veja, Ecoalf, Wrangler and Absolut Cashmere.

Source:

Premium Exhibitions GmbH

07.06.2022

EFI confirms Acquisition of Inèdit Software for textile printing

Electronics For Imaging, Inc. announced that it has acquired Inèdit Software S.L., a developer of raster image processors (RIPs) and related software for digital industrial textile printing. The acquisition extends EFI’s strategy to accelerate digital transformation in industrial print through investments that advance the company’s presence and capabilities in Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Décor applications. Inèdit will be integrated into the Reggiani textile business.

Electronics For Imaging, Inc. announced that it has acquired Inèdit Software S.L., a developer of raster image processors (RIPs) and related software for digital industrial textile printing. The acquisition extends EFI’s strategy to accelerate digital transformation in industrial print through investments that advance the company’s presence and capabilities in Packaging & Corrugated, Display Graphics, Textile, and Building Materials/Décor applications. Inèdit will be integrated into the Reggiani textile business.

Similar to EFI’s Fiery® digital front end and RIP technologies for the digital commercial and industrial printing markets, Inèdit’s neoStampa product is a recognized benchmark solution for RIPs in digital textile printing. The Inèdit product portfolio features advanced workflow solutions for textile profiling, calibration, design integration and much more. Inèdit’s RIP technology is employed across the worldwide textile industry and is one of the leading RIPs used to drive EFI Reggiani digital printers and other digital industrial textile printer brands. As part of EFI Reggiani, Inèdit will continue to support products for a broad range of digital printers.

Source:

EFI

06.06.2022

SHIMA SEIKI to exhibit at ITM 2022

SHIMA SEIKI MFG. will participate in the ITM 2022 International Textile Machinery Exhibition in Istanbul, Turkey.

SHIMA SEIKI MFG. will participate in the ITM 2022 International Textile Machinery Exhibition in Istanbul, Turkey.

SHIMA SEIKI will exhibit a wide range of its products, including proposals in seam-free WHOLEGARMENT® knitting technology that offers an alternative to labor-intensive manufacturing in Turkey and other international markets. Featured is the flagship MACH2XS WHOLEGARMENT® knitting machine with original SlideNeedle™ on four needle beds and spring-loaded moveable sinkers with expanded patterning capability, the MACH2VS V-bed machine for producing WHOLEGARMENT® items using every other needle, as well as the compact SWG091N2 for producing smaller WHOLEGARMENT® items and accessories. A brand new proposal in V-bed WHOLEGARMENT® knitting will also be introduced in the form of the N.SVR183 machine. N.SVR123SP features a special loop presser bed that can produce hybrid inlay fabrics with both knit and weave characteristics. N.SVR123SP at ITM will feature the special i-Plating option, capable of alternating yarn colors in any pattern, producing jacquard-like designs using plain jersey stitch for even greater diversity in knit design. Meanwhile N.SSR112 offers industry-leading technology in an economical yet reliable package made in Japan. Also on display is the SFG20 glove knitting machine.

Demonstrations will be performed on SHIMA SEIKI’s SDS®-ONE APEX4 design system. At the core of the company’s “Total Fashion System” concept, SDS®-ONE APEX4 provides comprehensive support throughout the production supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design, to production and even sales promotion. Especially effective is the way SDS®-ONE APEX4 improves on the design evaluation process with its ultra-realistic simulation capability, whereby virtual samples replace physical sampling, consequently reducing time, cost and material that otherwise go to waste. The same capability is present in APEXFiz™ subscription-based design software. Installed on personal computers, APEXFiz™ features the same functionality as SDS®-ONE APEX4, but with the added versatility to adapt to different work styles and business environments including teleworking and telecommuting. Digital prototyping using virtual samples on SDS®-ONE APEX4 and APEXFiz™ help to digitally transform the fashion supply chain for realizing sustainable manufacturing. APEXFiz™ will be shown along with SHIMA SEIKI’s yarnbank™ digital yarn web platform that further enhances the realism of virtual samples.

Source:

SHIMA SEIKI MFG., LTD.

Trützschler Man-Made Fibers new TEC-O40 system for industrial yarn (c) Trützschler
Trützschler Man-Made Fibers new TEC-O40 system for industrial yarn
02.06.2022

Trützschler at Techtextil 2022

At this year’s Techtextil in Frankfurt/Main (June 21st to June 24th) Trützschler Nonwovens, Trützschler Card Clothing and Trützschler Man-Made Fibers present various new and proven solutions for the nonwoven, card clothing and man-made fiber sectors. Join us at booth D80 in hall 12.0!

Trützschler Nonwovens invites to talk sustainable fibers such as hemp or linen and out-of-the-box fibers such as nettle and pineapple fibers. Our solutions for manufacturing innovative nonwoven products include machinery and complete production lines for paper grade pulp, re-generated cellulose fibers, cotton and various other natural fibers.

What happens when sustainable meets digital? Trützschler Nonwovens and software partner Proptium introduce T-ONE, our new digital working environment for both fiber- and polymer-based nonwoven producers. T-ONE supports routine tasks such as quality control and recipe management but also enables systematic line monitoring and data collection for T-ONE’s line optimizations.

At this year’s Techtextil in Frankfurt/Main (June 21st to June 24th) Trützschler Nonwovens, Trützschler Card Clothing and Trützschler Man-Made Fibers present various new and proven solutions for the nonwoven, card clothing and man-made fiber sectors. Join us at booth D80 in hall 12.0!

Trützschler Nonwovens invites to talk sustainable fibers such as hemp or linen and out-of-the-box fibers such as nettle and pineapple fibers. Our solutions for manufacturing innovative nonwoven products include machinery and complete production lines for paper grade pulp, re-generated cellulose fibers, cotton and various other natural fibers.

What happens when sustainable meets digital? Trützschler Nonwovens and software partner Proptium introduce T-ONE, our new digital working environment for both fiber- and polymer-based nonwoven producers. T-ONE supports routine tasks such as quality control and recipe management but also enables systematic line monitoring and data collection for T-ONE’s line optimizations.

Trützschler Man-Made Fibers introduces the OPTIMA-based, versatile TEC-O40 and TEC-O80 systems for extruding and spinning industrial yarns (IDY). The modular OPTIMA platform is highly flexible and adaptable to manufacturing a broad spectrum of (semi-)industrial yarns from polyamide, polypropylene or polyester.

SHIMA SEIKI releases digital content web service "SHIMA Datamall™" (c) SHIMA SEIKI MFG., LTD.
01.06.2022

SHIMA SEIKI releases digital content web service "SHIMA Datamall™"

SHIMA SEIKI MFG., LTD. announces the release of its new "SHIMA Datamall™" digital content web service.

SHIMA Datamall™ is an online service that allows users to search, browse and purchase a variety of useful data for the planning, production and sales of fashion items. With SHIMA Datamall, users of the SDS®-ONE APEX series 3D design system, APEXFiz™ Design subscription software and SHIMA SEIKI flat knitting machines will be able to streamline their operations and further promote the digital transformation of textile manufacturing, thereby realizing a shift toward sustainable manufacturing.

Digital content available on SHIMA Datamall™, together with yarn data from the yarnbank™ digital yarn sourcing web service, are meant to support knit manufacturing from planning and design to production and sales, by arranging the data on SDS®-ONE APEX and APEXFiz™.

SHIMA SEIKI MFG., LTD. announces the release of its new "SHIMA Datamall™" digital content web service.

SHIMA Datamall™ is an online service that allows users to search, browse and purchase a variety of useful data for the planning, production and sales of fashion items. With SHIMA Datamall, users of the SDS®-ONE APEX series 3D design system, APEXFiz™ Design subscription software and SHIMA SEIKI flat knitting machines will be able to streamline their operations and further promote the digital transformation of textile manufacturing, thereby realizing a shift toward sustainable manufacturing.

Digital content available on SHIMA Datamall™, together with yarn data from the yarnbank™ digital yarn sourcing web service, are meant to support knit manufacturing from planning and design to production and sales, by arranging the data on SDS®-ONE APEX and APEXFiz™.

Membership is not limited to users of SHIMA SEIKI products. Anyone can search and browse from digital data comprising over 6,000 items, free of charge. Information gathered on SHIMA Datamall is useful for product planning and ideas for new collections. SHIMA SEIKI users can furthermore purchase and download data to facilitate communication with suppliers.

More information:
Shima Seiki digital yarn
Source:

SHIMA SEIKI MFG., LTD.

(c) NewStore GmbH
11.05.2022

TOM TAILOR setzt auf digitales Wachstum mit NewStore Consumer App

NewStore, eine modulare, mobile Omnichannel-Cloud-Plattform für Einzelhandelsmarken weltweit, gab bekannt, dass Tom Tailor eine NewStore Consumer App eingeführt hat. Die Casual Fashion- und Lifestyle-Marke bietet nun ein mobiles Einkaufserlebnis an, das die Kundenbindung erhöht und den Umsatz steigert.

"Mobile Verkäufe sind ein Schlüsselfaktor für Tom Tailor, aber um diesen Kanal wirklich zu nutzen, mussten wir unsere Verbraucher-App aktualisieren", sagte Hendrik Reuter, Director of eCommerce und Consumer Engagement, bei Tom Tailor. "Wir haben uns für NewStore entschieden, weil diese Lösung einfach besser ist als alles, was wir bisher gesehen haben. Die neue App gibt unseren Kunden das Erlebnis eines Flagship-Stores in die Hand."

NewStore, eine modulare, mobile Omnichannel-Cloud-Plattform für Einzelhandelsmarken weltweit, gab bekannt, dass Tom Tailor eine NewStore Consumer App eingeführt hat. Die Casual Fashion- und Lifestyle-Marke bietet nun ein mobiles Einkaufserlebnis an, das die Kundenbindung erhöht und den Umsatz steigert.

"Mobile Verkäufe sind ein Schlüsselfaktor für Tom Tailor, aber um diesen Kanal wirklich zu nutzen, mussten wir unsere Verbraucher-App aktualisieren", sagte Hendrik Reuter, Director of eCommerce und Consumer Engagement, bei Tom Tailor. "Wir haben uns für NewStore entschieden, weil diese Lösung einfach besser ist als alles, was wir bisher gesehen haben. Die neue App gibt unseren Kunden das Erlebnis eines Flagship-Stores in die Hand."

Mit NewStore Studio, dem Content-Management-System für die App, verfügt Tom Tailor über alle nötigen Tools, um eine moderne und ansprechende App zu pflegen. Die Marke wird auch von der Tatsache profitieren, dass NewStore Consumer Apps nachweislich die Nutzung um das 2,5-fache erhöhen und die Konversionsraten um das 7-fache über denen einer traditionellen Website liegen. Da sich NewStore nahtlos in Scayle, die E-Commerce-Plattform von Tom Tailor, integrieren lässt, ist es zudem einfacher denn je, die App auf dem neuesten Stand zu halten und genaue Produkt- und Bestandsinformationen in Echtzeit bereitzustellen.

"Die Verbraucher sind mobiler denn je, daher müssen Marken wie Tom Tailor über den traditionellen E-Commerce und den stationären Handel hinaus denken", sagt Stephan Schambach, Gründer und CEO von NewStore. "Durch die Entwicklung einer nativen App, die die digitalen und physischen Kanäle von Tom Tailor ergänzt, hat NewStore der Marke eine neue, leistungsstarke Möglichkeit gegeben, mit ihren treuesten Kunden zu interagieren."

Source:

NewStore GmbH

After Moody's, Standard & Poor's also upgrades SGL Carbon’s rating (c) SGL Carbon
SGL
11.05.2022

After Moody's, Standard & Poor's also upgrades SGL Carbon’s rating

Standard & Poor's Global Ratings (S&P) raises its long-term rating for SGL Carbon to B- and its issue rating on its financial instruments to B. The outlook for the company is rated as stable by the renowned rating agency.

S&P Global Ratings explains the upgrade of SGL's rating with the company's improved capital structure and the reduction of net debt. The rating agency expects SGL Carbon to generate positive free cash flow in the coming years, which will support the reduction in absolute debt.

For the future development of SGL Carbon, S&P assumes an improvement in profitability based in particular on the expansion of products and materials for the future-oriented core markets of mobility, energy transition and digitalization, besides the savings from the restructuring.

"We are pleased that our operational successes and the already advanced trans-formation of SGL Carbon have been honored by the two major rating agencies - Moody's and S&P - by upgrading the ratings. We also see this as a motivation for the further development of SGL Carbon," explains Thomas Dippold, Chief Financial Officer of SGL Carbon SE.

Standard & Poor's Global Ratings (S&P) raises its long-term rating for SGL Carbon to B- and its issue rating on its financial instruments to B. The outlook for the company is rated as stable by the renowned rating agency.

S&P Global Ratings explains the upgrade of SGL's rating with the company's improved capital structure and the reduction of net debt. The rating agency expects SGL Carbon to generate positive free cash flow in the coming years, which will support the reduction in absolute debt.

For the future development of SGL Carbon, S&P assumes an improvement in profitability based in particular on the expansion of products and materials for the future-oriented core markets of mobility, energy transition and digitalization, besides the savings from the restructuring.

"We are pleased that our operational successes and the already advanced trans-formation of SGL Carbon have been honored by the two major rating agencies - Moody's and S&P - by upgrading the ratings. We also see this as a motivation for the further development of SGL Carbon," explains Thomas Dippold, Chief Financial Officer of SGL Carbon SE.

More information:
SGL Carbon
Source:

 SGL Carbon

06.05.2022

adidas grows double-digit in Western markets in Q1 2022

  • Currency-neutral sales down 3% as supply constraints reduce top-line by € 400 million
  • Western markets continue to show strong momentum with combined currency-neutral sales growing 13% across North America (+13%), EMEA (+9%) and Latin America (+38%)  
  • Gross margin down 1.9pp to 49.9% driven by significantly higher supply chain costs
  • Operating margin of 8.2% reflecting additional investments into brand, DTC, and digital
  • Net income from continuing operations reaches € 310 million
  • FY 2022 outlook for revenue and net income confirmed at the lower end due to the impact from covid-19-related lockdowns in Greater China

“In the first quarter, consumer demand for our brand and products was strong in all Western markets. Our combined sales in North America, EMEA and Latin America grew at a double-digit rate.

  • Currency-neutral sales down 3% as supply constraints reduce top-line by € 400 million
  • Western markets continue to show strong momentum with combined currency-neutral sales growing 13% across North America (+13%), EMEA (+9%) and Latin America (+38%)  
  • Gross margin down 1.9pp to 49.9% driven by significantly higher supply chain costs
  • Operating margin of 8.2% reflecting additional investments into brand, DTC, and digital
  • Net income from continuing operations reaches € 310 million
  • FY 2022 outlook for revenue and net income confirmed at the lower end due to the impact from covid-19-related lockdowns in Greater China

“In the first quarter, consumer demand for our brand and products was strong in all Western markets. Our combined sales in North America, EMEA and Latin America grew at a double-digit rate. Backed by an exceptionally strong wholesale order book and relentless focus on driving growth in our own DTC channels, we expect this positive development to continue for the rest of the year,” said adidas CEO Kasper Rorsted. “In the East, we will return to growth in Asia-Pacific in the second quarter, while we expect the challenging market environment in Greater China to continue. With strong double-digit growth in the vast majority of our markets, representing more than 80% of our business, we are well positioned for success in 2022. “

For the full press release, see attached document.

Source:

adidas AG

05.05.2022

adidas und Foot Locker, Inc. announce partnership for sports community and sneaker culture

adidas AG and Foot Locker, Inc. announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the basketball category, accelerate energy and hype launches, as well as include the development and expansion of key franchises across women’s, kids, and apparel. Including all Foot Locker banners in North America, EMEA, and Asia-Pacific, the new strategic partnership will target over $2 billion in retail sales by 2025, nearly tripling levels from 2021. In 2022, adidas expects to generate incremental revenues of up to €100 million as a result of the new partnership.  

adidas AG and Foot Locker, Inc. announced a new and enhanced partnership built around product innovation, elevated experiences, and deeper consumer connectivity. This enhanced relationship will establish Foot Locker as the lead partner for adidas in the basketball category, accelerate energy and hype launches, as well as include the development and expansion of key franchises across women’s, kids, and apparel. Including all Foot Locker banners in North America, EMEA, and Asia-Pacific, the new strategic partnership will target over $2 billion in retail sales by 2025, nearly tripling levels from 2021. In 2022, adidas expects to generate incremental revenues of up to €100 million as a result of the new partnership.  

Foot Locker will lead adidas' basketball offering, led by Fear of God founder and designer Jerry Lorenzo, spanning the lifestyle and performance categories, and develop exclusive positions in both areas. In addition, the collaboration will focus on key Originals franchises including NMD, Superstar and Stan Smith, and on the adidas influencer partnership portfolio. It will also include a prominent role for Foot Locker in the launch of adidas’ new Sportswear product division targeting the lifestyle consumer.

To execute the new plan, adidas will provide Foot Locker with a dedicated team to deliver an elevated consumer experience both in stores and online to help create demand and elevate the marketplace. This will involve partnership on product development, exclusive Foot Locker positioning, increased product allocations, shared marketing spend, and an elevated premium presence across Foot Locker’s entire portfolio of banners with a special focus on key cities and communities that the companies jointly serve. Lastly, to provide consumers with a seamless consumer journey, on and offline, both partners will increase their digital focus and accelerate the rollout of the adidas partner program at Foot Locker.

Source:

adidas AG

Lectra’s Annual Shareholders’ Meeting held on April 29 appointed two new Directors, Ross McInnes and Hélène Viot Poirier, for a four-year term. (c) Lectra
Hélène Viot Poirier
04.05.2022

Ross McInnes and Hélène Viot Poirier join Lectra’s Board of Directors

  • Lectra’s Annual Shareholders’ Meeting held on April 29 appointed two new Directors, Ross McInnes and Hélène Viot Poirier, for a four-year term.
  • They both become members of Lectra’s Audit Committee, Nominations Committee and Strategic Committee. Hélène Viot Poirier also becomes a member of the new CSR Committee.

 A major global player in the fashion, automotive and furniture markets, Lectra designs industrial intelligence solutions – software, equipment, data and services – that enable the digital transformation of its customers.
 
In 2017, Lectra launched its Lectra 4.0 strategy with the aim of making the company a key Industry 4.0 player in its markets by 2030. As part of its 2017-2019 roadmap, Lectra successfully integrated key technologies for Industry 4.0 and software solutions in SaaS mode into its offers. The company’s 2020-2022 roadmap should enable it to leverage the full potential of its new offers while ensuring the sustainable and profitable growth of its business.
 

  • Lectra’s Annual Shareholders’ Meeting held on April 29 appointed two new Directors, Ross McInnes and Hélène Viot Poirier, for a four-year term.
  • They both become members of Lectra’s Audit Committee, Nominations Committee and Strategic Committee. Hélène Viot Poirier also becomes a member of the new CSR Committee.

 A major global player in the fashion, automotive and furniture markets, Lectra designs industrial intelligence solutions – software, equipment, data and services – that enable the digital transformation of its customers.
 
In 2017, Lectra launched its Lectra 4.0 strategy with the aim of making the company a key Industry 4.0 player in its markets by 2030. As part of its 2017-2019 roadmap, Lectra successfully integrated key technologies for Industry 4.0 and software solutions in SaaS mode into its offers. The company’s 2020-2022 roadmap should enable it to leverage the full potential of its new offers while ensuring the sustainable and profitable growth of its business.
 
Daniel Harari, Chairman and Chief Executive Officer of Lectra, says: “We are delighted to welcome Ross McInnes and Hélène Viot Poirier to Lectra’s Board of Directors. Through Ross McInnes’ appointment, we will benefit from his extensive experience as a director of listed companies and his knowledge of Lectra’s challenges, as well as his expertise in strategy, management, finance, and governance. Hélène Viot Poirier has extensive knowledge of the digital world and the fashion market. Her appointment will enable the Board of Directors to benefit from her expertise in acquisition strategy, management and the development of environmentally responsible products”.
 
In the last five years, Ross McInnes has been a member of Lectra’s Board of Directors, and a member of the Audit Committee, the Compensation Committee and the Strategic Committee. This first mandate came to an end in April 2020. Ross McInnes is a graduate of the University of Oxford.
 
Since 2020, as an Independent Senior Advisor, she has supported strategic internal and external growth projects in the fashion, digital and consumer goods sectors. Hélène Viot Poirier is a graduate of HEC Paris.

Konica Minolta First to Launch Presses with EFI Fiery FS500 Pro Software and New Hardware  (c) EFI
EFI Fiery®
04.05.2022

Konica Minolta and EFI Fiery New Launch

  • Konica Minolta First to Launch Presses with EFI Fiery FS500 Pro Software and New Hardware  
  • Five new Fiery servers reduce job prep time while helping to ensure colour accuracy and higher overall throughput  

Electronics For Imaging, Inc. and Konica Minolta Business Solutions Europe GmbH (Konica Minolta) have announced a continuation of their long-term partnership with the release of five new EFI™ Fiery® digital front ends (DFEs) based on the newest Fiery platform, Fiery FS500 Pro.
 
The new solutions EFI and Konica Minolta are announcing include:

·        EFI Fiery IC-319 and IC-318 v2 DFEs that will drive the Konica Minolta AccurioPress C14000/C12000 colour production presses for the high-end production printing market
·        EFI Fiery IC-319 and IC-318L v2 DFEs that will drive the Konica Minolta AccurioPress C7100/C7090 light-production colour presses
·        EFI Fiery IC-317 and IC-419 v2 DFEs that will drive the Konica Minolta AccurioPress C4080/C4070 and AccurioPrint C4065 printers.
 

  • Konica Minolta First to Launch Presses with EFI Fiery FS500 Pro Software and New Hardware  
  • Five new Fiery servers reduce job prep time while helping to ensure colour accuracy and higher overall throughput  

Electronics For Imaging, Inc. and Konica Minolta Business Solutions Europe GmbH (Konica Minolta) have announced a continuation of their long-term partnership with the release of five new EFI™ Fiery® digital front ends (DFEs) based on the newest Fiery platform, Fiery FS500 Pro.
 
The new solutions EFI and Konica Minolta are announcing include:

·        EFI Fiery IC-319 and IC-318 v2 DFEs that will drive the Konica Minolta AccurioPress C14000/C12000 colour production presses for the high-end production printing market
·        EFI Fiery IC-319 and IC-318L v2 DFEs that will drive the Konica Minolta AccurioPress C7100/C7090 light-production colour presses
·        EFI Fiery IC-317 and IC-419 v2 DFEs that will drive the Konica Minolta AccurioPress C4080/C4070 and AccurioPrint C4065 printers.
 
“With these new EFI Fiery DFEs, we continue to extend the range of what AccurioPress users can achieve,” said Olaf Lorenz, General Manager DX Branding Division Konica Minolta, Inc. “We are pleased to be the first to bring these powerful new DFE solutions into our portfolio as they bring more competitive capabilities to Konica Minolta’s digital printing portfolio.”
 
EFI Fiery FS500 Pro servers offer a higher value proposition
 
“The Fiery FS500 Pro new platform offers advanced speed, higher automation and more capability than other digital front ends,” said John Henze, vice president of sales and marketing, EFI Fiery. “Intelligent automation solutions in these new EFI Fiery DFEs also save customers labour cost and time by minimising the need for manual inspection of print jobs, improving automated u management, and eliminating the need to print a test file to determine where to place finishing lines.
 
“All this decreases cycle time and increases customers’ profit opportunities, while ensuring that they can delight their clients with printing that gets completed accurately and quickly. Reducing the time prepress and press operators must spend on these repetitive tasks also helps print business owners make staff more efficient, offsetting the difficulties they have hiring and retaining talent in today’s labour-constrained economy.”

Source:

EFI GmbH

(c) Mahlo GmbH + Co. KG
04.05.2022

Altun Tekstil acquires weft straighteners from Mahlo

Turkish company Altun Tekstil, a manufacturer of home textiles and upholstery fabrics, has ordered a total of five of the latest Orthopac RVMC-15 weft straighteners from Mahlo.

The production of textured yarns, weaving and raschel knitting as well as dyeing and finishing is included in Altun’s operations. While the focus is on tulle curtains and upholstery, the company’s fabric range also encompasses a wide variety for apparel.

When investing in the future, Altun Tekstil has consistently trusted in Mahlo and has installed 10 Mahlo Orthopac RVMC-15 weft straighteners in its two plants since 2016.

Lowest residual distortion at highest speed
All the Mahlo weft straighteners Orthopac RVMC-15 are integrated into existing production lines. Mahlo’s latest weft straightener is fit to interact and communicate via the newly mSmart concept with all production lines and provide historical data, which help to improve the production processes.

Turkish company Altun Tekstil, a manufacturer of home textiles and upholstery fabrics, has ordered a total of five of the latest Orthopac RVMC-15 weft straighteners from Mahlo.

The production of textured yarns, weaving and raschel knitting as well as dyeing and finishing is included in Altun’s operations. While the focus is on tulle curtains and upholstery, the company’s fabric range also encompasses a wide variety for apparel.

When investing in the future, Altun Tekstil has consistently trusted in Mahlo and has installed 10 Mahlo Orthopac RVMC-15 weft straighteners in its two plants since 2016.

Lowest residual distortion at highest speed
All the Mahlo weft straighteners Orthopac RVMC-15 are integrated into existing production lines. Mahlo’s latest weft straightener is fit to interact and communicate via the newly mSmart concept with all production lines and provide historical data, which help to improve the production processes.

The fully integrated units benefit from universal control technology and the intuitive Mahlo mSmart G15 visualization concept. The HMI has been optimized for userfriendliness. The visualisation concept is constantly enhanced and ready for Industry 4.0. The path to a digital future within Altun is prepared.

Source:

Mahlo GmbH + Co. KG

29.04.2022

Baldwin showcases connected process technologies at Print4All

Baldwin Technology Company Inc. will showcase its latest high-performance color management, surface treatment, LED-UV curing, inspection, defect detection and Industry 4.0-based analytics solutions at Print4All, which is taking place May 3 to 6 at Fiera Milano in Italy.

One of its latest advances — which will be on display at Print4All — is the XP Quatro Series™ LED-UV curing module with one head and two frequencies for broader applications. It is designed to economically and efficiently cure LED-formulated printing inks and coatings on sheetfed and web offset printing presses, as well as on larger-format flexo presses and digital print engines. The XP Quatro Series LED-UV enhances print quality, while operating at top speeds, driving increased productivity and profitability.

Italy’s ACM Flexible Packaging selected Baldwin as its LED-UV partner and became one of the first flexible film converters to offer all LED-UV curing in a narrow to mid-web format. This partnership established LED-UV printing as a growing production standard in flexible packaging and labels. Today, ACM is a 100% LED-UV, non-mercury facility.

Baldwin Technology Company Inc. will showcase its latest high-performance color management, surface treatment, LED-UV curing, inspection, defect detection and Industry 4.0-based analytics solutions at Print4All, which is taking place May 3 to 6 at Fiera Milano in Italy.

One of its latest advances — which will be on display at Print4All — is the XP Quatro Series™ LED-UV curing module with one head and two frequencies for broader applications. It is designed to economically and efficiently cure LED-formulated printing inks and coatings on sheetfed and web offset printing presses, as well as on larger-format flexo presses and digital print engines. The XP Quatro Series LED-UV enhances print quality, while operating at top speeds, driving increased productivity and profitability.

Italy’s ACM Flexible Packaging selected Baldwin as its LED-UV partner and became one of the first flexible film converters to offer all LED-UV curing in a narrow to mid-web format. This partnership established LED-UV printing as a growing production standard in flexible packaging and labels. Today, ACM is a 100% LED-UV, non-mercury facility.

Baldwin’s Print4All booth also will showcase Industry 4.0 and industrial Internet of Things-enabled technologies that work together to achieve greater uptime, productivity and automation. Featured solutions pair sensor-gathered data with operational data from Baldwin equipment to gain live, actionable insights to improve production monitoring, so printers and converters can achieve new levels of color consistency with fewer defects and greater assurance of curing.

Other highlights in Baldwin’s booth include the Corona Slim treatment system, which ensures the exact dyne levels needed for perfect uniformity in application, and the Guardian PQV 100% Print Inspection, which provides complete print quality verification from prepress through production, reporting and archiving.

Source:

Barry-Wehmiller

(c) Eton
22.04.2022

More localised and automated textile manufacturing with TMAS technologies

At the forthcoming Texprocess, Techtextil and Heimtextil shows taking place in Frankfurt from June 21-24 – members of the Swedish Textile Machinery Association TMAS will be showcasing a range of solutions aligning with the growing trend for more localised and automated textile manufacturing.

Digitalisation and the push for more sustainable, shorter and less expensive supply chains are currently making manufacturing in high-cost countries within Europe more attractive and there have been many other contributing factors to this over the past two years.

The Covid-19 pandemic exposed the vulnerability of many countries to shortages of essential items like PPE while at the same time making the full exploitation of new digital options essential during national lock-downs and long periods of restricted travel. The escalating cost of global transportation, as well as the growth of online retailing and the associated benefits of on-demand digital manufacturing, are further reinforcing the many benefits of short-run and near-shore new operations.

At the forthcoming Texprocess, Techtextil and Heimtextil shows taking place in Frankfurt from June 21-24 – members of the Swedish Textile Machinery Association TMAS will be showcasing a range of solutions aligning with the growing trend for more localised and automated textile manufacturing.

Digitalisation and the push for more sustainable, shorter and less expensive supply chains are currently making manufacturing in high-cost countries within Europe more attractive and there have been many other contributing factors to this over the past two years.

The Covid-19 pandemic exposed the vulnerability of many countries to shortages of essential items like PPE while at the same time making the full exploitation of new digital options essential during national lock-downs and long periods of restricted travel. The escalating cost of global transportation, as well as the growth of online retailing and the associated benefits of on-demand digital manufacturing, are further reinforcing the many benefits of short-run and near-shore new operations.

Secure supply
At Texprocess, for example, Eton Systems will be unveiling its latest Ingenious software solution which further enhances the company’s Opta Unit Production System (UPS) introduced in 2021.

“Our automated technology has already had a great impact on the productivity of thousands of garment production lines,” says Eton’s Managing Director Jerker Krabbe. “Our systems help producers across the world to reduce repetitive manual tasks and increase efficiency, which evens out some of the differences between production in high and low-cost countries, making reshoring a feasible option. Creating a diversified production portfolio with a mix of production facilities, some closer to home, makes for a more secure product supply.”

Flexibility
Imogo meanwhile recently installed the first industrial scale dyeing system in Sweden for many years. The Dye-Max spray dyeing line has the potential to slash the use of fresh water, wastewater, energy and chemicals by as much as 90% compared to conventional jet dyeing systems. It is capable of carrying out the application of a wide range of fabric pre-treatments and finishing processes, providing users with unbeatable flexibility in production.

“Here in Scandinavia, we are currently seeing an explosion of companies developing sustainable new cellulosic fibres – many from waste clothing – but a problem is that all of the environmental benefits they deliver can potentially be lost in the further processing, and especially in conventional dyeing,” observes the company’s Founding Partner Per Stenflo. “The Dye-Max system positively addresses this, but interest in it has not just been confined to Europe. We are currently seeing a lot of activity in Turkey – largely as a near-shore partner to European brands – but also in Bangladesh.”

Robotics at Heimtextil
ACG Kinna Automatic specialises in automation solutions for filled products such as quilts, pillows and mattresses and its live demonstrations of robotics in action have proved a magnet for visitors to Heimtextil. This year’s show will be no exception.

“The use of robotics is now standard across many industries dealing in solid goods, but the handling of soft materials such as textiles is a little more complex,” says Managing Director Christian Moore. “Nevertheless, it’s something we have successfully mastered, and our robotic systems are proving highly beneficial to their users. There is no ‘one-size-fits-all’ solution when it comes to automation and our approach is always to carefully examine where it will make the difference in each bespoke system. A focus is on identifying and eliminating bottlenecks which will increase product flows.”

During the Covid-19 pandemic, ACG Kinna drew on all of its automation know-how and extensive network of contacts to build a new nonwovens fabric converting and single-use garment making-up plant in a matter of weeks, in order to supply the Swedish authorities with urgently-needed medical gowns.

Instant colour
Localised textile production is also booming in the USA, where Coloreel has recently secured multiple orders for its instant thread colouration technology via its US partner Hirsch.

“Coloreel technology enables the high-quality and instant colouring of a textile thread while it is actually being used in production and can be paired with any existing embroidery machine without modification, while also making it possible to produce gradients in an embroidery for the first time,” explains VP of Sales Sven Öquist.

“Advanced rapid colour formulation software and high-speed drive technology allow a single needle to carry out what it previously required many multiples of them to do – and with much more consistent stitch quality. By instantly colouring a recycled white base thread during production, our system enables complete freedom to create unique embroideries without any limitations. Colour changes along the thread can either be made rapidly from one solid colour to another, or gradually, to make smooth transitions or any colouring effect desired. This provides big benefits when it comes to sustainability and design creativity.”

Milestone
Svegea will be promoting its latest EC 300 collarette cutting machine at Texprocess 2022. This machine is used by garment manufacturers around the world for the production of tubular apparel components such as waistbands, cuff and neck tapes and other seam reinforcements. With its E-Drive 2 system and fully automatic FA500 roll slitter, the EC 300 has an output of around 20,000 metres per hour.

“Advances in automation are only making the specialised, bespoke machines we engineer even more efficient and we are expecting a very busy year,” says Managing Director Håkan Steene. “The garment components our collarette cutters produce make it logical for them to be integrated into the operations of making-up operations, wherever they are.”

Sensors
The advanced yarn tension monitoring technologies of Eltex of Sweden meanwhile play an essential role in rectifying defects in  weaving, tufting and composite reinforcement operations.

“A correct tension of the warp and weft threads ensures proper machine operation,” explains Eltex Global Marketing and Sales Manager Anoop K. Sharma “The constant tension monitoring and automatic control of the tension of the thread help to overcome unnecessary problems.

“We continue to make advances in both the hardware and software of our tension monitoring systems, such as the EyE™ for the warping process. With the EyE™, the yarn tension values from all yarns are continuously updated and displayed on screen. In addition, tension values outside the warning level are indicated both on the sensor’s LEDs and on the screen for complete quality control. No fabric can be woven without the appropriate and correct tension.”

Source:

AWOL Media

21.04.2022

Tata Communications announces its results for the fourth quarter and the full financial year 22

Tata Communications, a global digital ecosystem enabler, announces its financial results for the quarter and full year ended 31st March 2022.

Consolidated financial highlights:

Tata Communications, a global digital ecosystem enabler, announces its financial results for the quarter and full year ended 31st March 2022.

Consolidated financial highlights:

  • Consolidated revenue for FY22 came in at INR 16,725 Crores (USD 2,244.9 Mn) and at INR 4,263 Crores (USD 567.0 Mn) for Q4 FY22
  • Most of the segments across Core Connectivity, Digital Platforms & Services, and Incubation services of Data business witnessed healthy growth:
    • Data business grew by 2.1% QoQ and 1.4% YoY
    • Within Digital Platforms, all segments except Collaboration witnessed double digit YoY growth and strong sequential growth
    • Core Connectivity witnessed a revenue growth of +0.5% QoQ and +1.4% YoY
    • Incubation portfolio grew by 49.1% QoQ and 67.6% YoY
  • Consolidated EBITDA stood at INR 4,227 Crores (USD 567.3 Mn); with margins in at 25.3%, expanding by 40 Bps YoY. For the quarter, margin came in at 24.5%
  • Consolidated PAT stood at INR 1,482 Crores (USD 198.9 Mn) as compared to a profit of INR 1,251 Crores (USD 168.4 Mn) in FY21, registering a growth of + 18.5% YoY
  • CAPEX for this year was INR 1,608 Crores (USD 216.9 Mn) as compared to INR 1,421 Crores (USD 191.4 Mn) in FY21; Free Cash Flow for FY22 was at INR 2,619 Crores (USD 345.6 Mn)

The Board has recommended a dividend of INR 20.7 per share as a result of the Company reporting strong profitability.

Source:

Tata Communications / Harvard Engage! Communications