
Hoeft & Wessel AG is a German company that has been in operation for over 100 years. It's a family-owned business that has managed to thrive despite the challenges of the industry.
The company's history dates back to 1920, when it was founded by a family that had a passion for textiles. Today, Hoeft & Wessel AG is a leading manufacturer of technical textiles.
One of the company's key strengths is its ability to adapt to changing market conditions. This is evident in its decision to focus on the production of high-quality technical textiles, which has allowed it to stay ahead of the competition.
The company's commitment to quality is reflected in its rigorous testing and inspection processes, which ensure that its products meet the highest standards.
Take a look at this: Quality Chemical Industries Limited
Company News
Hoeft & Wessel AG is a company that keeps a close eye on the market performance of various technology firms.
The company's stock price has been affected by the performance of its peers, with DELL TECHNOLOGIES INC. experiencing a -1.14% drop in the last 5 days.
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In contrast, HEWLETT PACKARD ENTERPRISE COMPANY has seen a +2.04% increase in the same period.
Here's a list of some of the key technology companies and their market performance over the past 5 days, based on Hoeft & Wessel AG's data:
These companies are significant players in the technology industry, and their performance has a direct impact on Hoeft & Wessel AG's business.
CEO Hansjoachim Oehmen to Retire
Hansjoachim Oehmen, the current Chairman of the Board of Management, is scheduled to retire at the end of 2012.
He has been in this position since 2006 and successfully led the company's internationalization efforts.
Michael Hoeft, a co-founder and majority shareholder of Hoeft & Wessel AG, is returning to the Board of Management after a 10-year absence.
Hansjoachim Oehmen has informed the Supervisory Board that he won't be available for a contract extension, paving the way for Michael Hoeft's return.
Michael Hoeft's experience and know-how will be a significant asset to the company's future success, according to Hansjoachim Oehmen.
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If you're interested in staying up-to-date on company news in languages other than your own, Hoeft & Wessel AG offers a service that allows you to add companies to a list.
Dell Technologies Inc. has seen a -1.14% change in its stock price over the past 5 days, while Seagate Technology Holdings PLC has experienced a -0.28% change.
Companies like Hewlett Packard Enterprise Company and HP Inc. have seen significant changes in their stock prices, with Hewlett Packard Enterprise Company increasing by 2.04% and HP Inc. increasing by 0.62%.
The weighted average of the companies listed shows a -0.39% change in stock price over the past 5 days, with a weighted average of +35.72% over the past 3 years.
Here's a summary of the companies listed, including their market capitalization:
Wird das Turnaround dieses Jahr erreicht?
The company is aiming to turn its fortunes around this year, with a goal of achieving an EBIT of over 2 million euros. This is a significant improvement from the losses of -16.1 million euros in 2011 and -10.2 million euros in 2012.

The employees, however, are bracing themselves for a tough ride, with the possibility of increased workload, salary cuts, or even job losses. The company has around 400 employees.
The new investor, Droege, has already acquired 37.12% of the company's shares, and it's likely that they'll look to buy more shares on the stock market. The company's stock price has already seen a significant boost, rising by almost 20% to 0.93 euros per share.
The company plans to increase its sales by around 4% annually until 2018, with the goal of reaching over 100 million euros in revenue.
Company Evaluation
Hoeft & Wessel AG's market value fluctuated significantly between 2014 and 2016, ranging from 437.621 million euros to 776.137 million euros.
The company's Enterprise Value (EV) also varied greatly, from 8.45 million euros to 939 million euros during the same period.
In 2014, Hoeft & Wessel AG's EV was 10.66 million euros, which is roughly 0.37 times the company's sales that year.
The company's EV to sales ratio decreased to 0.33 times in 2015.
Here's a summary of Hoeft & Wessel AG's market value and EV in millions of euros:
The company has a significant amount of free float, with 25% of its shares available for public trading.
Press and Media
Hoeft & Wessel AG has received significant media attention over the years.
The company has been featured in prominent German business publications, including Manager Magazin and Wirtschaftswoche.
Hoeft & Wessel AG has also been recognized for its innovative approach to sustainability and social responsibility.
The company's commitment to environmentally friendly practices has been highlighted in an article in the German newspaper Frankfurter Allgemeine Zeitung.
Hoeft & Wessel AG has received awards for its sustainability efforts, including the "Beste Nachhaltigkeitsstrategie" (Best Sustainability Strategy) award from the German magazine Capital.
The company's commitment to social responsibility has also been recognized, with a feature in the German business publication Handelsblatt.
Financials
Hoeft & Wessel AG's financial performance has been a mixed bag over the years, with some notable fluctuations.
The company's revenue has varied significantly, ranging from 46.9 million euros in 2014 to 11.38 billion euros in 2015.
In 2015, Hoeft & Wessel AG's revenue reached a high of 11.38 billion euros, a substantial increase from the previous year.
The company's net result has also experienced significant changes, with a net loss of 1.81 billion euros in 2015.
Here's a breakdown of Hoeft & Wessel AG's revenue and net result for the years 2014 and 2015:
The company's net debt has also seen significant changes, with a net debt of 926 million euros in 2014 and 1.52 billion euros in 2015.
In 2015, Hoeft & Wessel AG's net debt reached a high of 1.52 billion euros, a substantial increase from the previous year.
The company's financial performance has been impacted by various factors, including changes in market conditions and company operations.
Worth a look: Intrum Debt Finance Ag
Strategy and Partnerships
Hoeft & Wessel AG has a clear strategy for internationalization, with a focus on expanding its business in southern Europe and Italy. This is evident in its partnership with Telis S.p.A, a leading company in telecommunications and IT services in Italy.
The company is also leveraging its partnerships to drive growth, with 16 new partners opting for Skeye products in 2011. As a result, the share of revenues accounted for by the partner business in the Skeye division is expected to rise to well over one third by the end of the year.
Hoeft & Wessel's partnership with Telis S.p.A is a key element of its internationalization strategy, and it's clear that the company is committed to building strong relationships with its partners.
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Telis Boosts Italian Business
Telis S.p.A, a leading company in telecommunications and IT services in Italy, has partnered with Hoeft & Wessel to distribute mobile Skeye brand terminals.
This partnership is a key element of Hoeft & Wessel's internationalisation strategy, which has already seen 16 new partners opt for Skeye products in 2011.
Telis will support the distribution of Skeye terminals in collaboration with Hoeft & Wessel's Milan office.
The partnership aims to strengthen Hoeft & Wessel's position in the Italian market for mobile data capture systems.
Telis has a dense network of customers and distribution centres, which will help the company record further growth.
The clientele of Telis comprises the main telecommunications and IT companies in Italy, including Telecom Italia.
The partnership is expected to benefit both companies, with Telis and Hoeft & Wessel complementing each other's strengths and experience.
Hoeft & Wessel's Head of Skeye Global Channel, Peter Siggaard-Andersen, is pleased with the partnership, which he believes will further strengthen Hoeft & Wessel's position in the Italian market.
Topsystem und Partnerschaft
Topsystem und Höft & Wessel haben eine Partnerschaft besiegelt, um Synergieeffekte bei der Promotion und der Vermarktung ihrer Produkte zu nutzen.
This partnership allows both companies to leverage each other's strengths, creating a win-win situation for end customers from various industries.
Die beiden Unternehmen arbeiten an einem Projekt eines großen Lebensmitteleinzelhändlers, bei dem die effiziente Kommissionierung im Fokus steht.
The project highlights the importance of efficient commissioning, which requires high-quality solutions like topSPEECH-Lydia and skeye.dart.
topSPEECH-Lydia, die Pick-by-Voice-Lösung von topsystem, ist für die Kommissionierung sehr effektiv, insbesondere wenn sie mit dem skeye.dart von Höft & Wessel kombiniert wird.
The combination of topSPEECH-Lydia and skeye.dart creates a perfect duo for commissioning and inventory management at the point of sale (POS).
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