• Business activity resilient, driven by Targetspot and Europe
  • Operating profitability improves
  • Group growth prospects reasserted

Regulatory News:

AudioValley (Paris:ALAVY) (Brussels:ALAVY)(ISIN Code: BE0974334667/Ticker: ALAVY), an international specialist in digital audio solutions,has presented its results for the first half of 2020. The financial statements, closed on 30 June 2020, were approved by the Board of Directors on 9 October 2020. For the sake of clarity, the data presented below is provided on a comparable consolidation scope basis. In application of IFRS accounting standards, the 2019 interim accounts have been restated for the disposal of the Storever business, completed on 5 December 2019.

Solid resilience despite public health context

Revenue declined by a limited amount during the period, slipping 11% to €8.7m (-12% on a constant currency basis). Although the COVID-19 outbreak took a heavy toll on revenue in the second quarter (down 22% on Q2 2019), the Group’s performance rallied

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Rockwell Automation Improves Productivity, Drives
Profitability and Reduces Risk Across Plant Operations with
the Release of PlantPAx 5.0

New process functionality
native to controllers, cyber-secured architectures, and
improved system availability and workflows unlocks value and
reduces overall costs at all phases of the plant lifecycle
for hybrid and continuous process
industries

MILWAUKEE, U.S. – Media OutReach –
13 October 2020 – Rockwell
Automation
(NYSE: ROK) today released the PlantPAx® 5.0
distributed control system (DCS). This latest DCS version
from Rockwell Automation helps industrial producers
positively impact the lifecycle of their plant operations
with plant-wide and scalable systems to drive digital
transformation and operational excellence.

New system
capabilities help digitally transform operations by
introducing process functionality native to the controller,
improving the availability of system assets driving
compliance in regulated industries, while enabling the
adoption of analytics at all levels of

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  • Cross-training, or encouraging team members to pick up skills in more than one area of the business, can be a powerful strategy when facing a crisis like the pandemic.
  • Employees will gain new perspectives, become more engaged and invested, and may even discover new strengths. 
  • Even outside of a crisis, leaning on the workers you have rather than constantly making new hires can drive productivity and inspire upward career mobility. 
  • Visit Business Insider’s homepage for more stories.

An important lesson I had to learn early on in my entrepreneurial journey is that, in the face of a crisis, you must leverage whatever assets you have to secure a solid foundation for your business. Lean on your skill sets, tools, space, and perhaps your greatest resource: your people.

When it’s time to get lean, encouraging and training the people on your team to develop skills in more than one area of

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New process functionality native to controllers, cyber-secured architectures, and improved system availability and workflows unlocks value and reduces overall costs at all phases of the plant lifecycle for hybrid and continuous process industries

Rockwell Automation (NYSE: ROK) today released the PlantPAx® 5.0 distributed control system (DCS). This latest DCS version from Rockwell Automation helps industrial producers positively impact the lifecycle of their plant operations with plant-wide and scalable systems to drive digital transformation and operational excellence.

New system capabilities help digitally transform operations by introducing process functionality native to the controller, improving the availability of system assets driving compliance in regulated industries, while enabling the adoption of analytics at all levels of the enterprise. Intuitive workflows and the use of industry-leading cybersecurity standards will help teams design, deploy, and support a DCS infrastructure which reduces time-to-market and helps plants realize profit at a faster rate.

“We’re excited to bring

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Deutsche Bank AG (NYSE: DB) CEO Christian Sewing claimed that the four-year strategic turnaround plan is the first priority for the German bank, but didn’t rule out a merger early next year. According to Bloomberg, a takeover deal could be in the cards only if the bank’s profitability improves in 2021.

What Happened: Sewing remarked in a Bloomberg interview that he would not want the bank to be a target of a takeover transaction. But an increase in share price or profitability figures could place Deutsche Bank in “a better position” to negotiate. The German bank’s CFO James von Moltke hinted that it is also open to cross-border mergers, as reported by Bloomberg last month.

The pandemic outbreak has forced European banks to revisit their branch banking strategies. In September, Deutsche Bank decided to close one out of five branches in Germany, reducing its presence to around 400 units,

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Red Door Interactive also eased its budgeting workload by 85% with Sage Intacct Budgeting and Planning

ATLANTA, Sept. 16, 2020 (GLOBE NEWSWIRE) — As Red Door Interactive expanded over the past 18 years, tasks like time tracking, revenue recognition based on percent completion, and quarterly headcount budgeting became increasingly complex and cumbersome. Additionally, in the agency world, high turnover rates and new client contracts create constantly fluctuating headcount needs, so visibility into personnel forecasts is crucial.

Red Door Interactive previously used a mix of Microsoft Dynamics SL, along with several other disjointed applications, causing the finance team to struggle with duplicate data entry and error prone invoicing. After evaluating several financial management software options, including Oracle NetSuite, Red Door chose Sage Intacct for its flexibility and seamless connectivity.

By upgrading to a modern, cloud-based system, the agency improved profitability by 6%, sped up budgeting and planning by 85%, and saved

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STR’s Ali Hoyt takes a dive into monthly P&L data for the U.S. hotel industry for a look at profitability in the COVID-19 environment and how expenses have shifted.

DENVER—Profitability in a pandemic might seem like a far stretch, but data from STR shows slight improvements have appeared in some key profitability metrics in recent months.

During the “P&L overview: Is profitability possible during the pandemic?” session at the online Hotel Data Conference, Ali Hoyt, senior director of consulting and analytics at STR, provided key takeaways from annual profit and loss statements, which have been collected for more than 30 years, to better understand the overall health of the U.S. hotel industry. STR, parent company of HNN, launched its monthly P&L program in early 2020.

“Now it’s more important than ever for us to access to this monthly data to track to profitability recovery month by month,” she said.

The

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Southwest Airlines Co. trimmed its outlook for burning cash this quarter to about $20 million a day, citing improved leisure demand in August and September amid the coronavirus pandemic.

The carrier previously expected to burn an average of $23 million a day in the third quarter. “Recent modest improvements in revenue trends” were the primary reason for the improved forecast, Southwest said in a regulatory filing Wednesday.

Keeping cash losses under control has become critical for airlines since demand collapsed as the pandemic spread in late March and April and requests for refunds outweighed new sales at carriers worldwide. Southwest’s revised outlook could help the airline meet its goal of breaking even by year-end.

Southwest rose 2.6% to $35.04 at 9:39 a.m. in New York. The shares dropped 37% this year through Tuesday, the best performance on an S&P 500 index of the five biggest U.S. carriers.

Dallas-based Southwest also

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