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SCHÖNWALD AND LIBBEY INC. EXPAND PREMIUM DINNERWARE OFFERINGS FOR U.S. AND CANADA FOODSERVICE7/23/2014
Libbey Inc. and the German-based Schönwald have announced today an agreement in which Libbey will become the exclusive foodservice distributor of Schönwald dinnerware products to the U.S. and Canada, effective January 1, 2015.
Through this exclusive agreement, Libbey Inc., a leading supplier of glassware, dinnerware, flatware and holloware products to the foodservice industry, will be offering new premium dinnerware choices for U.S. and Canadian foodservice customers. Schönwald is one of the world’s leading providers of high-end porcelain for foodservice. “Two renowned names in the world of tabletop will be working together in the important North American market,” said Andrea Täuber, Director International Sales Schönwald. “Not only do we share a long tradition of more than 130 years, but also common values like commitment to the highest quality and superior service. The products of these two companies are a perfect fit.” “We are so pleased that Schönwald will be joining the Libbey family,” said Rob A. Bules, vice president, U.S. & Canadian Foodservice Sales & Marketing, Libbey Inc. “This agreement directly supports our strategic goal to further grow our business in the foodservice industry. These new choices for dinnerware extend our high quality premium offerings, providing our foodservice customers with the broadest tabletop choices available in the U.S. and Canada.” SCHÖNWALD’s agreement with Oneida ends on December 31, 2014. For more information on the foodservice tabletop products from Libbey, go here: http://foodservice.libbey.com/ For more information on Schonwald and its wide range of hospitality dinnerware fro restaurants and hotels, go here: http://www.schoenwald.com/index.php/home-en.html On the strength of the launch of Bauscher’s new Purity porcelain, sales achieved from The World Cup event, and strong sales success in North America, BHS Tabletop AG (parent of the Bauscher, Schonwald, and Tafelstern brands) announced its optimism for 2014 and dividend results for fiscal 2013. In North America, the restructuring of Bauscher USA with a positive impact resulting in U.S. sales growth from 4.8MM to 11.6 MM USD. In addition to strong results, the company announced a series of investments totaling 5.1 million Euros from this past year, including new high-pressure casting equipment at Schonwald. The company has also upgraded IT systems and reinvested in improvements to become more energy self-sufficient. "We understand it is not only our job, the BHS stand out from the framework and results in the industry, but also the strategic development of the company over and over again. Our production is currently probably the most modern and flexible production of hard-paste porcelain worldwide. And we want to expand our technology leadership," said BHS Tabletop AG CEO Christian Strootmann. Strootmann expects 2014 to remain positive for the company as the first several months have started positive both in terms of new products and strategic directions taken by the company. To read the entire release, go here: BHS Tabletop AG Press Release June 2014 To learn more about BHS Tabletop AG and its Bauscher, Schonwald, and Tafelstern brands, go here: http://www.bhs-tabletop.de/ The BHS Tabletop group, parent of the Bauscher, Schonwald, and Tafelstern brands and a world marketleader for professional porcelain, increased its sales in the past financial year (2013 calendar year) by 10.7 per cent to Euro 91.1 million (preceding year: Euro 82.3 million). And the operating result also showed a positive pattern. BHS Tabletop’s success comes from a variety of projects. For example, BHS supplied the Confederations Cup in Brazil with porcelain and Bauscher, Schönwald and Tafelstern could also be found at the just completed Winter Olympics in Sochi. Quite a number of luxury hotels have opted for quality china from Upper Franconia and the Upper Palatinate regions in Bavaria. In addition, business in the US saw a disproportionally good market development. CEO Christian Strootmann expects to see further momentum there, given BHS’s collaboration with the Hepp and WMF Hotel cutlery brands. Also in the US, and in Canada and the Caribbean, BHS sells high-quality glass produced by the Italian manufacturer Luigi Bormioli. “We reinforced our global sales power and our position as a provider of integrated tabletop and logistics solutions. Given our service packages and supply dependability, the international catering sector increasingly views us as a provider for all issues concerning the set table,“ Strootmann said. He wants to further intensify the company’s sales expansion. In 2013, in a difficult market environment, BHS’s strategy had once again turned out to be right and reliable: “In a market showing excess capacities and cut-throat price competition, our 200-year-young company successfully developed its robust business model further,“ commented Strootman. For more information on BHS Tabletop and their results, go here: http://www.bhs-tabletop.de/index.php/company.152.html New Designs Help Schönwald and Oneida Celebrate 30 Years of Partnering in Hospitality Tabletop12/10/2013
“WellCome is pure temptation, warm, strokeable and affectionate,” says star designer, Carsten Gollnick. “The pieces entice one into holding them.” The smooth, asymmetrical lines reflect the regularity of the irregular. WellCome bestows a new, natural shape on the art of welcoming guests and creating an atmosphere of easeful well being for them. The Avanti Gusto line boasts a broad assortment of pieces in a beautiful classic shape. Many
items provide a much needed answer to the latest dining trends in various culinary concepts, be it modern country house cuisine, smart brasserie or down-to-earth tavern: New deep flat plates with broad rims, tall and short cups, oval gourmet platters, a tray, a salad bowl and dip dishes provide generous stages for creative presentations. “We are incredibly proud to maintain a strong partnership with Schönwald. They are an iconic leader in our industry when it comes to product design and quality. Stocking a wider variety of Schönwald’s collections here in the US not only strengthens our loyal partnership, it also meets the rising demand for their products among our domestic customers,” commented Marguerite Deutsch, EveryWare’s Director of Marketing. To learn more about the Schönwald line of hospitality tabletop products, North American hospitality customers can go here: http://foodservice.oneida.com/brand-schonwald Global hospitality customers outside of North America can go here: http://www.schoenwald.com/index.php/porcelain.html Hospitality tabletop leader BHS tabletop AG, parent of the Bauscher, Tafelstern, and Schonwald porcelain brands, has announced sales growth in the first six months of fiscal year 2013 by 10.1 percent to 44.9 million euros. BHS Tabletop CEO Christian Strootmann is quoted as saying: "Even if we can be satisfied with the results of the first half, given the very difficult environment for the porcelain industry, we are confronted with in our key southern European markets remains with the impact of the sovereign debt crisis. These markets have developed in the first half of the year declined. But the Central European and North American countries have positively raised by these developments, so that we have performed very well in our assets," said Strootmann. With a strong order backlog and the continued success of their “Made in Germany” strategy, BHS Tabletop expect positive 2013 results to be slightly ahead of year-ago results. To learn more about BHS and its announced 1st half results, go here: http://www.frankenpost.de/regional/wirtschaft/BHS-tabletop-schafft-deutlich-mehr-Umsatz;art2448,2764687 Oneida, global leader in designing the dining experience, will showcase a new and extensive collection of banquetware pieces at the 2013 National Restaurant Show. “Our Oneida Banquetware collection is designed to enhance creative culinary presentations. This innovative new collection allows food and beverage teams more freedom to stage innovative events that include food storage, beverage dispensers, serving platforms, risers, pillars and bamboo accessories. Inspired by compelling design styles including a less-is-more Bauhaus positioning, and innovative geometric Art Deco shapes, the Oneida Buffet Collection is a compelling compliment to our tabletop portfolio”, stated Umberto Filice, Senior Vice President of North American Sales. New product introductions will also be featured in Drinkware, Dinnerware, and Flatware positioned effectively within the prevailing design, food and lifestyle trends in the market. DRINKWARE FLAME™, new from Stölzle, features the fluid graceful profiles of fire. Emotional and organic, this lux shape delivers visual excitement. The pure tactile satisfaction of these dramatic tapers, with shear rims, maximizes the fine dining experience. CELEBRATION™, new from Stölzle, is both sophisticated and mainstream. This elegant shape features a drawn stem, and sheer fire polished rim. Exceptional brilliance that is enhanced by seamless stems clearly distinguishes this classic.
FLATWARE VERGE™ creates an aesthetic that draws from the folded surfaces of origami. Each gleamingly polished surface suggests jeweled facets of reflective energy. Unique and textural sculpture in 18/10, define creativity on the tabletop. PERPETUA™ is clean and sleek, modern and understated. High-lux mirror polishing reminds us that flatware is jewelry for the table. Formed from solid 18/10 stainless steel of the highest quality, PERPETUA’s form follows its function. To view the entire collection of hospitality tabletop and banquetware products from Oneida, go here:http://foodservice.oneida.com/
Despite difficult overall conditions, BHS tabletop AG (parent of Bauscher, Schonwald, Tafelstern brands) was able to stand out from the crowd in the catering segment of the industry, and gained market shares in the first half of 2012. However, the porcelain manufacturer with production sites in Selb, Schönwald and Weiden (Germany) could not entirely escape the impact of the declining economic situation. Incoming orders at 42.8 million euros for the first half of 2012 were 4.6% lower than in the previous year, and the sales figure of 40.7 million euros was 7.7% lower than the figure of the previous year due to seasonal effects. Operating results (EBIT) were 1.4 million euros (previous year: 3.5 million euros). This includes a one-off effect from the sale of the shares in HSB Systemhaus GmbH amounting to 0.3 million euros. Pre-tax earnings (EBT) amounted to 0.6 million euros (previous year: 2.7 million euros), with the result for the reporting period at 0.4 million euros (previous year: 2.6 million euros). “The debt crisis has finally reached German companies, too, especially the porcelain industry with its dependence on the general economic climate. We also, of course, feel the tight economic conditions in the southern European markets, which are important to BHS tabletop AG. Even when considering the difficult situation in our industry segment, we are not entirely satisfied with the sales development in the first half year of 2012; however, we view the positive result as a renewed indicator for the stability of our company in a difficult market,“ said Christian Strootmann, Chief Executive Officer. Equity and liquidity allow considerable investments The financial and asset position of the company remains solid. The good equity ratio and liquidity base continue to be the foundation for stable development of the company. In the current business year 2012, the company continues to invest in its state-of-the-art production facilities: In the first half year, 1.3 million euros were allocated to intangible assets and fixed assets. This is almost as much as over the same period in the previous year (1.4 million euros). BHS tabletop AG will also proceed with its investments in the second half year at the same high level of the previous year. Executive Board predicts a positive annual result At 1,053 employees, the headcount on 30 June 2012 was nearly unchanged compared to the previous year (1,058). Securing jobs at the company locations of Selb, Schönwald and Weiden – all in Northern Bavaria – is integral to the company’s philosophy. Because of the ongoing euro debt crisis and the cautious purchasing sentiment in key target markets, the BHS tabletop AG Executive Board expects no significant economic recovery in the second half of 2012, but, nonetheless, anticipates a positive result at year end, albeit on a lower level than in 2011. BHS tabletop AG further reports that in the judicial inquiry initiated by the German Federal Cartel Office against various companies from the porcelain industry, proceedings against BHS tabletop AG have been terminated without any accusation. At their just concluded General Meeting in Munich, Germany, BHS tabletop Group – manufacturers and marketers of the Bauscher, Tafelstern, and Schonwald porcelain brands - looked back at a positive business year in 2011 and once again presented its shareholders with a very good result – despite the difficult economic conditions caused by the euro debt crisis. Due to the positive earnings situation, a dividend of 0.56 euros per share has been decided on, 10 percent more than in the previous year. With a year-end price of 11.35 euros per share, that corresponds to a dividend yield of 4.9 percent. A world market leader for professional porcelain for the hotel and restaurant industry and catering, headquartered in Selb, Germany, BHS tabletop Group was able to show a slight sales increase in 2011, after strong growth the previous year.
Company sales of its brands Bauscher, Tafelstern professional porcelain, and Schönwald were 87.3 million euros (previous year: 86.5 million, gain of 0.9 percent) and the company’s annual net profit was 4.0 million euros (previous year: 5.6). This moderate growth was achieved despite the flare up of the euro debt crisis in the second half of 2011, which noticeably impacted the business in some of the European markets which are very important for the company. The export ratio increased from 46.0 percent (2010) to 47.8 percent. ‘In a market which continues to be very difficult and an economic environment which brought a significant headwind no later than the middle of the year, BHS tabletop AG was once again able to achieve a very good result in 2011 based on a clear business model,’ said Christian Strootmann, Chief Executive Officer of BHS tabletop AG, at the general meeting in Munich. A clear profit again The Group’s consolidated pre-tax profit (EBT) in 2011 was 4.1 million euros (previous year: 4.5 million euros). The Group’s consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) were 10.2 million euros (previous year: 10.7 million), and earnings before interest and taxation (EBIT) were 5.8 million euros (previous year: 6.4 million euros). Equity ratio at a sound level In the 2011 business year, BHS tabletop Group was able to significantly increase its equity from 35.8 million euros to 38.0 million euros. The equity ratio improved from 41.0 percent (2010) to 43.9 percent. Thanks to its positive results in the 2010 and 2011 business years, the company’s capitalisation returned to the very sound level of the period before the recession year of 2009. Worldwide leader in energy efficiency In 2011, BHS tabletop Group continued to promote the expansion of its technology leadership and invested around 4 million euros. The focus of activities in 2011 included the implementation and auditing of the new energy management standard ISO 50001. With its successful certification, BHS tabletop AG has taken a global pioneering role in the porcelain industry. Further investments of around 5 million euros are planned for the 2012 business year. They will be particularly directed to the modernisation of production. Despite numerous successes in energy efficiency measures, energy costs at BHS tabletop AG have risen by several million euros in recent years. In his speech, Christian Strootmann demanded that politicians create stable conditions for companies in Germany and do not carry out energy policy changes on the backs of individual market participants. He warned that otherwise this would jeopardise ‘the willingness and ability to invest and, ultimately, jobs.’ Number of training positions increased significantly In 2011, on average 1,065 people were employed by BHS tabletop Group (previous year: 1,058). As part of a comprehensive human resources development strategy, the number of training positions was increased from 28 to 36. Outlook 2012: Renewed positive result despite difficult economic conditions, BHS tabletop Group remains confident for the current 2012 business year. However, due to the euro debt crisis, the Executive Board assumes a maximum turnover at the level of the previous year. A positive result is expected, but due to further increases in energy and personnel costs, it may be less than the high level of the previous year. You can learn more about the BHS tabletop Group and their brands by going here: http://www.bhs-tabletop.de/ BHS tabletop AG is the first company in the global porcelain industry to receive the prestigious DIN EN ISO 50001 certification. This international standard, which regulates the introduction of energy management systems, attests to the real progress that BHS tabletop AG and its brands Bauscher, Tafelstern and Schönwald have made in recent years in improving energy efficiency in their factories in Schönwald and Weiden. BHS tabletop AG is also certified under DIN EN ISO 14001, the international standard for environmental management systems. Both certifications were performed by TÜV Nord (German Technical Inspection Association). "We are the first company in the global porcelain industry to fully comply with all the requirements of the ISO 50001 standard and to be certified accordingly. This is lasting proof of our commitment and shows the great value we place on systematic environmental and energy management," says Rainer Schwarzmeier, Head of Production for BHS tabletop AG.
Application of the international ISO 50001 standard is designed, among other things, to save on costs and to reduce greenhouse gas emissions and other environmental impacts. The ISO 14001 standard establishes internationally recognised requirements for developing environmental management systems, with clear specifications regarding their objectives and implementation. Approximately two years ago, BHS tabletop AG started bringing manufacturing and administrative processes at its locations in Weiden, Schönwald and Selb in line with the requirements and specifications of both ISO standards, forming project groups and systematically implementing the necessary measures. "Environmental protection, resource conservation and energy efficiency are firmly anchored in our corporate culture," says Rainer Schwarzmeier. "BHS tabletop takes its ecological responsibilities very seriously – which is exactly why these two certifications and their validation by an independent entity like TÜV Nord are so important to us." |
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