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    6457   JP3274400005

GLORY LTD.

(6457)
  Report
Delayed Japan Exchange  -  02:00:00 2023-03-24 am EDT
2836.00 JPY   +1.07%
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Glory : RAMSES Implements GLORYs CASHINFINITY™ Solutions

03/01/2022 | 08:10pm EDT

Madrid, 1 March 2022 - Glory has today announced thatRAMSES, an iconic, authentic benchmark in the avant-garde restaurant sector in Madrid, has chosen to implement the CASHINFINITY range of banknote and coin recycling systems in its restaurants, to optimize their cash management processes in a centralized and secure manner.

GLORY's advanced CI-5 and CI-10 point of sale and CI-100 back office solutions deliver RAMSES proven reliability and efficiency, factors that help to boost their business performance. In addition, these solutions make it possible to eliminate inefficiencies in the processes, increasing staff productivity by 30%. As a result, employees can now focus even more time on delivering a great customer experience.

In total, thirteen units of the CI-10 system and one CI-5 system have been integrated at the points of sale, and one CI-100 recycler in the back office to reduce the time required for float preparation and end of day reconciliation.

Sergio Martínez, Director of Procurement of RAMSES said: "Thanks to LOVE MyCASH, we now enjoy all the advantages of GLORY's automated cash management solutions.

Although we already had cash recycling systems in our restaurants, the proposal of our technology partner LOVE MyCASH to incorporate the secure closed cash management cycle using GLORY's advanced technology, provides us significant added value and greater efficiency in our daily operations, enhanced security as manual contact disappears, speed in procedures, the detection of counterfeit banknotes/coins and reduction of the time associated with banking processes, among many other benefits".

Miguel Muro, Managing Director, GLORY Spain, said "The invaluable collaboration of LOVE MyCASH, our business partners, was key for the successful implementation of GLORY cash recycling systems at RAMSES."

- END -

About RAMSES

RAMSES, with a superb location next to Puerta de Alcalá in Madrid, is an icon of capital luxury leisure. The owner of the homonymous group, Jorge Llovet, chose Plaza de la Independencia 20 years ago and has managed to revitalize and position that setting at the forefront of the sector.

Each initiative launched from RAMSES, a business that is always alive, attentive to trends and full of energy, is an appealing plan for both the Madrid public and visitors as well. Its secret is to offer an impeccable global experience, a mixture of good cuisine and a good atmosphere.

For further information please visit https://ramseslife.com/or follow us on Instagramor Facebook.

Contact:
Sergio Martínez
Director of Procurement
Tel. +34 914 351 666
info@ramseslife.com

About GLORY
As a global leader in cash technology solutions, we provide the financial, retail, QSR, cash center and gaming industries with confidence that their cash is protected and always working to help build a stronger business.

Our cash automation technologies and process engineering services help businesses in more than 100 countries optimize the handling, movement and management of cash. While we span the globe, we personally engage with each customer to address their unique challenges and goals - enhancing staff efficiency, reducing operating costs and enabling a more rewarding customer experience.

Employing over 10,000 professionals worldwide with dedicated R&D and manufacturing facilities across the world, GLORY is built on a rich customer-focused, technology-driven heritage more than one hundred years.

For further information please visit www.glory-global.comor follow us on Twitter: http://twitter.com/glory_global.

Contact:
Isabel Pantoja
Marketing Manager Iberia
Tel: +34 913 297 100
Marketing.information@es.glory-global.com

Disclaimer

GLORY Ltd. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 00:09:03 UTC.


ę Publicnow 2022
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Financials
Sales 2023 253 B 1 938 M 1 938 M
Net income 2023 -3 100 M -23,7 M -23,7 M
Net Debt 2023 20 675 M 158 M 158 M
P/E ratio 2023 -51,5x
Yield 2023 2,40%
Capitalization 159 B 1 216 M 1 216 M
EV / Sales 2023 0,71x
EV / Sales 2024 0,53x
Nbr of Employees 10 677
Free-Float 80,8%
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 2 836,00 JPY
Average target price 3 108,00 JPY
Spread / Average Target 9,59%
EPS Revisions
Managers and Directors
Motozumi Miwa Manager-Legal Affairs
Yukihiro Fujikawa Executive Officer & GM-Finance & Accounting
Hirokazu Onoe Manager-Vending Machine & Gaming System Business
Katsunori Yamamoto Senior Executive Officer & GM-General Affairs
Joji Iki Independent Outside Director
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