Please forward this error screen to 75. Conflict has severely disrupted trade, humanitarian access, and livelihoods. Net present value and other investment rules poor macroeconomic conditions constrain household market access.
Recent conflict in Uror has caused thousands to flee to Akobo town, Bor PoC, Nyirol, and Gambella of Ethiopia. Ongoing conflict continues to cause major disruption to livelihoods in the northeast, with large populations in Borno State heavily dependent on food assistance. The number of conflict events in Borno State in 2017 was the highest recorded since the beginning of the Boko Haram insurgency. The extensive conflict has reduced incomes, and food prices remain elevated. Food access is inadequate for many poor households. Fuel imports through Al Hudaydah and Salif ports rebounded in January 2018 following the lifting of the blockade on December 20, 2017.
Four consecutive poor rainy seasons that have led to severe drought in some areas and, consequently, large-scale livestock losses and poor production. December and January in Beletweyn, Kismayo, and Mogadishu. Severe drought over the past year has resulted in very large livestock losses in Ethiopia’s Somali Region, which has sharply reduced household food and income access. The Government of Ethiopia declared a state of emergency on February 16, 2018, following the resignation of Prime Minister Desalegn. The Oct-Dec 2017 short rains marked the third consecutive season of drought across eastern Kenya’s pastoral and marginal agricultural areas, affecting livestock productivity and crop production. Due to an extended dry season from the poor short rains, pasture is expected to last only until mid-February in Garissa, Isiolo, Mandera, and Marsabit. Ongoing conflicts in the Kasai region, North Kivu, South Kivu, Ituri, and Tanganyika Provinces have caused ongoing displacement and affected households’ abilities to access their livelihoods.
Ethnic violence in Ituri Province, in the first two weeks of February, resulted in new internal displacement and over 22,000 people fled to Uganda. Widespread conflict and displacement, poor 2017 rainfed staple production, and weak casual labor markets are the primary drivers of acute food insecurity, which is experienced by more people in early 2018 than during the previous lean season. Spring rainfed staple production is likely to be adversely affected by dryness associated with the ongoing La Niña. The Famine Early Warning Systems Network is a leading provider of early warning and analysis on food insecurity. Created by USAID in 1985 to help decision-makers plan for humanitarian crises, FEWS NET provides evidence-based analysis on some 34 countries.
Implementing team members include NASA, NOAA, USDA, and USGS, along with Chemonics International Inc. Read more about our work. The information provided on this Web site is not official U. Government information and does not represent the views or positions of the U. Agency for International Development or the U.
The Glaston investor pages are intended to offer information on Glaston as an investment and to support the correct valuation of the company’s share. Powered by Slider Revolution 5. Welcome to Glaston Investor Relations pages! The investor pages are intended to offer information on Glaston as an investment and to support the correct valuation of the company’s share. Glaston is moving to a new strategic phase.
The cornerstones are growth, technology leadership and the industry’s best customer experience. Glaston aims to be its industry’s leading pioneer, whose identifying characteristics are technology leadership and high quality. Glaston’s core expertise is in flat tempering technology. Through its continuous product development and regularly renewed product offering, Glaston will further strengthen its position and competitiveness in the market as well as in new machine sales and services.
The growth target will be supported by growing demand for architectural glass. To support its core business, Glaston will seek growth opportunities not only in flat tempering technology but also in other safety glass groups, such as bending, tempering-bending and laminating. Innovative glass technologies and digitalisation will bring significant new business opportunities to Glaston. New glass technology solutions enables Glaston to expand business opportunities into new segments and areas. Glaston has made a strategic investment in a California company specialising in the development of smart glass.
An extensive and increasing installed machine base creates the foundation for growth in services. After a quiet first quarter, Glaston’s markets continued to pick up. The positive note was maintained throughout the year and order intake grew steadily. Despite the good market activity, customers’ decision-making remained slow in certain areas and some deals were also delayed. A particular bright spot was the strongly increased operating profit. Compared with the previous year, the comparable operating profit nearly doubled to EUR 5. In accordance with our strategy, we have invested heavily during the year in both digitalisation and emerging technologies.
In addition to flat tempering, lamination technology has been taken forward utilising customer experience. Development projects in bending-tempering and in bent glass technology have continued. To accelerate development in our industry, in the summer we organised a startup event, aimed at bringing together the sector’s innovators, investors and operators. In the field of digitalisation, we launched a number of development projects related, for example, to cloud services, utilisation of analytics, raising the degree of automation, and preventative maintenance. Within the framework of Glaston’s Emerging Technologies unit, we held active discussions with a number of companies on the development of new glass technologies, and development cooperation offers were made to several partners. We were able to respond to even highly challenging development requests, which strengthened our position as technology leader in our industry. The Heliotrope nanotechnology project progressed according to plan, and a prototype line was approved on a preliminary basis in December 2017.
In addition, planning of a pilot line advanced to the decision stage. Our starting position for 2018 is good. The company is stronger and we expect the good market situation to continue. We look to the future with confidence and, in line with our strategy, we will continue on the path of profitable growth. Although the order book at the end of 2017 was lower than the previous year, the good order intake of the second half of the year and positive market development create good conditions for profitable growth in 2018. We expect the full-year comparable operating profit to improve from 2017.