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Superstar Dirk Nowitzki launches partnership with Lufthansa

Image from Lufthansa

Cologne, North Rhine-Westphalia, Germany, August 6, 2024 – NBA basketball legend, Dirk Nowitzki, is the face of the new Deutsche Lufthansa AG (Xetra: LHAG) Allegris advertising campaign. Born in Germany, Nowitzki played his entire NBA career with the Dallas Mavericks in the United States.

In the campaign film, the 2.13 metre tall Dirk Nowitzki can be seen sleeping in the 2.20 metre long bed of the new Allegris Business Class. Lufthansa Allegris offers a completely new travelling experience on long-haul flights that is unrivalled on the market due to the variety of seats. All travel classes, from Economy to Premium Economy, Business and First Class, will have new cabin interiors and new seats. For example, in Business Class, passengers can choose between five different seat options, including a suite with doors, a personal wardrobe and a small minibar. A special highlight: all seats in First and Business Class have heating and cooling systems so that travellers can flexibly adjust the temperature to their own comfort level.

The Lufthansa Allegris campaign with Dirk Nowitzki starts today in the USA and will be shown internationally in the coming months, including in Germany.

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HEINEKEN picks Siemens for decarbonization program

HEINEKEN, the world’s most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap, as part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030.*

Siemens and HEINEKEN will work together on a long-term decarbonization program which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN beer and malt production sites, spanning facilities across Asia-Pacific, the Americas and Europe. Additional sites will be added in a second phase.

HEINEKEN and Siemens collaborated on an initial project of consulting, auditing, and advisory services, using an energy digital twin to simulate and analyze a typical HEINEKEN brewery in the virtual world, identifying where significant energy savings could be made. The simulation showed approximately 70 percent of energy use was linked to the generation of heating and cooling necessary for the brewing process. By optimizing and monitoring these cooling and heating systems through an end-to-end program, Siemens estimates energy savings of between 15-20 percent at each site, and an average CO2 reduction of 50 percent at each site.

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Mitsubishi Heavy Industries Achieves Significant First Quarter Increase in Orders and Profit

Tokyo, Japan – Mitsubishi Heavy Industries (OTC: MHVYF) announced that order intake rose 75.1% year over year to 1.6 billion Yen in the quarter ended June 30, 2023. Revenue rose 12.9%, resulting in profit from business activities (business profit) of 51.9 billion Yen, a 248.1% increase from the previous fiscal year, which represents a profit margin of 5.3%. Profit attributable to owners of parent (net income) was 53.1 billion Yen, an increase of 177.1% year-over-year, with a profit margin of 5.4%. EBITDA was 85.1 billion Yen, an 80.3% increase from Q1 FY2022, with an EBITDA margin of 8.7%, up 3.3 percentage points year-over-year.

Large orders growth in Energy Systems was driven by Gas Turbine Combined Cycle (GTCC), which continues to see strong demand for both new builds and after-sales services. Business profit in the segment increased by 27.0 billion Yen due to a reduction in one-time charges in the Thermal Power businesses as well as revenue growth and improved project margins.

In Plants & Infrastructure Systems, revenue increased by 33.8 billion Yen due to contributions from Metals Machinery and Engineering, while business profit improved by 5.0 billion resulting from increased revenue in Metals Machinery as well as positive developments in Engineering and Machinery Systems’ project mix.

In Logistics, Thermal & Drive Systems, successful passthrough of cost inflation to sales prices mainly in Logistics Systems and Heating, Ventilation & Air Conditioning (HVAC) led to 14.3% increases in order intake and revenue, respectively. Cost passthroughs in these businesses also helped to raise the segment’s business profit by 15.3 billion Yen.

Most notable this quarter is the striking growth in Aircraft, Defense & Space order intake, specifically in Defense & Space, which saw orders rise by 584.1 billion Yen. This is due to large orders for missile defense systems from Japan’s Ministry of Defense as the country seeks to improve its capabilities in this area.