Latest news with #Germanmarket
Forbes
30-06-2025
- Forbes
Govee Goes Big On Design For New Smart Lamp Line-Up
Govee's new Floor Lamp devices Govee has taken the covers off of a trio of unique new smart lamps, with the Chinese brand's new floor lamp series comprised of three distinct models built to do more than just glow in a corner. The Tree, Uplighter, and Torchiere Floor Lamps - which have just been revealed for the German market - aim to turn your walls and ceilings into mood-setting light shows. Starting with the Tree Floor Lamp, and it's got a sculptural three-head design that looks more like modern decor than traditional lighting. Govee's new Tree Floor Lamp Each lamp head can swivel 350° side-to-side and tilt 90° up or down, with beam angles that go from narrow spotlighting to wide ambient wash. That means it should be good for both highlighting a bookshelf as it is mood-lighting a Netflix night. It packs Govee's RGBWW tech, with LuminBlend smooth transitions, 16 million colors, and brightness up to 1500 lumens. It's tunable from 2700K to 6500K and comes with 64 scene presets, app control, voice support, and full Matter compatibility. The Uplighter is a triple-threat, with a ceiling-facing ripple light at the top, a decorative RGBIC strip in the middle, and a lower lamp that beams out 1000 lumens for actual task lighting. Govee's new Uplighter Floor Lamp It's looks to be the most 'routine-ready' of the bunch, with circadian lighting and automation features built in. The Torchiere keeps things a little more relaxed, but still has plenty of smarts. It focuses on ambient glow with triple-zone RGB control, a soft output that's easy on the eyes, and a built-in music sync mode for your chill-out playlists or party nights. Govee's new Torchiere Floor Lamp As with the rest of Govee's ecosystem, all three lamps play nicely with Alexa, Google Assistant, and they are all Matter compatible. Everything's manageable via the, much improved, Govee app, where you'll get all the usual features such as timers, DIY scenes, and routines. They're on sale in Germany now, I'd expect a US launch to follow soon.
Travel Daily News
14-05-2025
- Business
- Travel Daily News
Fraport Group records slightly lower result in First Quarter of 2025
Fraport reports 26.4m. euros Q1 loss in 2025 despite 6.3% revenue rise, citing one-off 2024 effects, higher costs, and weak German market performance. The Fraport Group has made a cautious start to the 2025 fiscal year. After adjustments for revenues from construction and expansion measures (in line with IFRIC 12), revenue across the Group rose by 6.3 percent year-on-year to 811.3 million euros. The operating result or EBITDA (earnings before interest, taxes, depreciation, and amortization) reached 177.5 million euros. This represented a decline of 16.5 percent on the same period in 2024, when EBITDA was strongly boosted by positive non-recurring effects. In what is traditionally the weakest quarter of the year for passenger numbers, the Group result (net profit) was negative, at minus 26.4 million euros (Q1/2024: 12.7 million euros). Fraport CEO Dr. Stefan Schulte said: 'As expected, the operating and financial performance in the first three months of the current business year was weaker than in 2024. The same period in 2024 benefited from positive non-recurring effects such as compensation for the effects of the coronavirus pandemic, the extra leap day in February, and the fact that the Easter travel period began in March. In 2025, Easter fell in the second quarter. Furthermore, growth drivers were lacking in the German market after yet another increase in regulatory costs at the start of 2025. Nevertheless, we expect our business to continue to show positive growth for the full year, in line with the current outlook. Successfully completed expansions to Fraport's airports in Lima and Antalya will be particularly helpful for stimulating growth.' Key indicators traditionally weaker in the first quarter Group revenue reduced by 2.4 percent year-on-year to 868.5 million euros in the first quarter of 2025. However, when adjusting for IFRIC 12, Group revenue increased by 6.3 percent to 811.3 million euros. Other operating income of 6.1 million euros was around 28.3 million euros lower than in the same period in 2024. The first quarter of 2024 saw a significant impact from coronavirus compensation at Fraport Greece (28.0 million euros). Personnel expenses rose disproportionately by 44.6 million euros, to 323.4 million euros in the first quarter of 2025. The rise can be attributed to wage increases under collective wage agreements and higher staff levels at Frankfurt Airport (FRA). Consequently, the Group EBITDA declined by 35.1 million euros to 177.5 million euros. The Group's net profit stood at minus 26.4 million euros below 2024 levels (Q1/2024: 12.7 million euros). Mixed trends for passenger numbers across the Group In the first quarter of 2024, passenger numbers at FRA stagnated at 12.4 million, representing a slight drop of 0.9 percent. During the reporting period, passenger growth was seen at Fraport's airports in Greece, as well as at Lima Airport (LIM) in Peru and Antalya Airport (AYT) on the Turkish Riviera. The same quarter in 2024 benefited from an additional leap day and the Easter travel period beginning in March. Outlook for the 2025 fiscal year Fraport's executive board views the trend in the first quarter of 2025 as stable and in line with expectations, and is confirming forecasts for the current fiscal year. The airport operator projects passenger numbers at FRA to reach up to 64 million. A moderate increase in the Group EBITDA is forecast. The Group result is still expected to remain in the forecast range, from stable to decreasing slightly.
