Here is a selection of announcements that have made (or will make) move the prices of these companies:
(Come back and read us from time to time
so as not to miss an update)
Danish wind turbine manufacturer Vestas (VWSB.DE, € 32.69), number one in the sector, announced on Monday a restructuring program for its European activities, including the closure of three factories employing 650 people in Germany, Spain and Denmark. The manufacturer justifies this announcement by the greater integration of its onshore and offshore activities, as well as the launch of new models. In Germany, 460 jobs are affected, 115 in Spain and 75 in Denmark. The German and Spanish sites are to be shut down by the end of the year and the Danish site in the first half of 2022. Vestas recently decided to strengthen its activity in offshore wind rather than in its historical activity of wind on land, a strategy that manifested itself in October 2020 with the 100% takeover of a joint venture with Mitsubishi Heavy Industries, MHI Vestas.
The computer manufacturer HP (HPE, US $ 13.55), the consumer goods company Procter & Gamble (PG, US $ 144.34) and the coffee capsule company Nespresso have joined the pledge of several companies to significantly reduce their greenhouse gas emissions over nearly two decades. The Climate Pledge, a grouping of companies and organizations launched by Amazon, announced Monday it had signed 86 new members for its voluntary measures. In total, the group now has 201 members with global annual revenues of over $ 1.8 trillion. Together, the companies aim to reduce their carbon dioxide emissions by nearly 2 billion metric tonnes by 2040, or more than 5% of the current global total. While group members are encouraged to eliminate as many emissions as possible, those that cannot be avoided must be fully offset over the next two decades. Scientists say the planet must reach “net zero emissions” by 2050 if it is to meet the Paris climate agreement target of preventing temperatures from rising more than 1.5 degrees Celsius d ‘by the end of the century compared to pre-industrial times.
The global luxury giant LVMH (MC.PA, € 612.20) will resume in-house production of glasses from its Givenchy brand, previously licensed with the Italian manufacturer Safilo, according to a press release on Monday. LVMH launched in 2018 its own eyewear manufacturer, called Thélios, located north of Venice and developed in partnership with the Italian manufacturer Marcolin. Its objective was to gradually internalize the production of glasses from the houses it owns. Breaking with the historic system of licenses – the manufacture and especially the marketing of frames by third-party companies – LVMH has already notably reintegrated the production of Céline, Loewe, Kenzo, Berluti, Dior and Fendi glasses. Monday, in a joint press release, Thelios and Givenchy announce their “strategic partnership” for the “exclusive” design, development, manufacture and global marketing of Givenchy Eyewear from January 1, 2022. Givenchy brand eyewear is developed licensed since 2015 by Safilo, a contract due to end in December 2021. In December 2019, Safilo announced the cut of 700 jobs in Italy out of some 2,600 after losing several LVMH licenses.