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Diebold Nixdorf, Incorporated (NYSE: DBD) is a global leader in connected commerce, offering comprehensive software, services, and hardware for both the financial and retail sectors. Headquartered in North Canton, Ohio, the company employs around 21,000 people and operates in over 100 countries. Diebold Nixdorf specializes in automating, digitizing, and transforming the way people bank and shop. The company’s integrated solutions connect digital and physical channels in a secure, efficient manner, serving millions of consumers daily.
For the financial industry, Diebold Nixdorf provides solutions that range from multi-vendor software and security services to advanced cash management systems. The company partners with a majority of the world's top 100 financial institutions, which rely on Diebold Nixdorf's expertise to enhance customer experiences through seamless integration of digital and physical touchpoints.
In the retail sector, Diebold Nixdorf focuses on improving the checkout process through innovative self-service solutions. Their latest project at Stuttgart Airport, Germany, involves the implementation of AI-based age verification technology at self-service checkouts, speeding up transactions and enhancing customer satisfaction.
Diebold Nixdorf is also committed to providing cutting-edge technology for payment processing. Partnering with Bankart in Slovenia, the company is helping to modernize payment capabilities across multiple countries through its Vynamic® Transaction Middleware. This low-code, API-driven technology serves as a robust, scalable platform for both traditional and emerging payment types.
Financially, Diebold Nixdorf continues to demonstrate resilience and growth. The company recently announced its inclusion in the Russell 3000® Index, reflecting its solid market capitalization and broad investor interest. Diebold Nixdorf has also made strategic executive appointments, such as Thomas Timko as EVP and CFO, to further strengthen its financial strategies and global operations.
For more information, visit www.dieboldnixdorf.com, and follow Diebold Nixdorf on social media platforms including LinkedIn, X (formerly Twitter), Facebook, and YouTube.
Diebold Nixdorf (NYSE: DBD), a leading company in banking and shopping transformation solutions, has announced its upcoming fourth quarter and full-year 2024 financial results release, scheduled for Wednesday, February 12, 2025, before NYSE trading hours.
The company will host a conference call and webcast at 8:30 a.m. ET on the same day, featuring President and CEO Octavio Marquez and EVP/CFO Tom Timko. Prior to the call, Diebold Nixdorf will release a press release and presentation covering business results and period highlights, accessible through their Investor Relations website.
Participants are encouraged to pre-register for the hour-long conference call at the provided registration link to avoid wait times, with registration available throughout the live call. Attendees should connect 15 minutes before the session begins.
Groupement Mousquetaires, a French retail group, plans to implement Diebold Nixdorf's (NYSE: DBD) AI-powered solution across its stores following a successful pilot program. The Vynamic® Smart Vision I Shrink Reduction system, tested at an Intermarché store in La Farlède since March 2024, uses AI to detect checkout errors and prevent fraud at self-service checkouts.
The pilot program demonstrated significant improvements: erroneous transactions decreased from 3% to less than 1%, and cashier interventions dropped by nearly 15%. The system analyzes customer behavior in real-time, detecting unscanned items, stacked items, and unpaid checkouts, alerting both customers and store staff of any errors.
This technology implementation aims to reduce shrinkage, improve operational efficiency, and enhance customer experience across Groupement Mousquetaires' retail brands, including Intermarché, Netto, and Bricomarché.
Diebold Nixdorf (NYSE: DBD) has successfully completed a significant debt refinancing operation, achieving a $100 million reduction in total debt and lower interest payments. The company executed a $950 million senior secured notes offering and repurchased all term loans under its previous $1.05 billion senior secured term loan facility. Additionally, DBD secured a new $310 million revolving credit facility, enhancing its liquidity position. This financial restructuring follows recent credit rating and outlook upgrades from Moody's Ratings and S&P Global Ratings, marking progress in the company's strategy to grow free cash flow and strengthen its balance sheet.
Diebold Nixdorf (NYSE: DBD) has priced its offering of $950.0 million in 7.750% Senior Secured Notes due 2030, to be issued at 100.000% of their principal amount. The company expects to close the offering on December 18, 2024, alongside entering a new $310.0 million revolving credit facility maturing in December 2029.
The proceeds will be used to repurchase existing term loans through a Dutch auction, repay outstanding borrowings under the current super-priority senior secured revolving credit facility, and cover related fees. Any remaining funds will be allocated for general corporate purposes, including potential debt repayment.
The Notes will be senior secured obligations, guaranteed by the company's subsidiaries, and secured by first-priority liens on substantially all tangible and intangible assets of the company and guarantors.
Diebold Nixdorf (NYSE: DBD) has announced the commencement of a $950.0 million senior secured notes offering due 2030. The company also plans to enter a new $310.0 million revolving credit facility maturing in December 2029. The proceeds will be used to repurchase existing term loans through a Dutch auction, repay outstanding borrowings under the current super-priority senior secured revolving credit facility, and cover related expenses.
The Notes will be senior secured obligations, guaranteed by the company's subsidiaries that are borrowers or guarantors under the New Revolving Credit Facility. The securities will be secured by first-priority liens on substantially all tangible and intangible assets of the Company and Guarantors. The offering is being conducted under Securities Act exemptions and is available only to qualified institutional buyers and non-U.S. persons.
Diebold Nixdorf (NYSE: DBD) has become the first ATM solution provider to deploy Microsoft® Windows 11® IoT Enterprise LTSC 2024 operating system in live environments. The implementation, managed by BS/2, involves two Central Asian bank partners: Eurasian Bank and Kapital Bank. This upgrade provides enhanced security, speed, and usability features, ensuring regulatory compliance and long-term platform stability through October 2034. The solution integrates with Diebold's DN Series® ATMs, Vynamic® Connection Points 7, and Vynamic® Transaction Middleware software.
Diebold Nixdorf (NYSE: DBD), a leader in banking and retail transformation, announces its participation in the UBS Global Industrials and Transportation Conference on December 3, 2024. CEO Octavio Marquez and CFO Tom Timko will engage in a fireside chat starting at 12:10 p.m. ET and conduct one-on-one investor meetings.
The company, which serves the majority of the world's top 100 financial institutions and top 25 global retailers, provides integrated solutions connecting digital and physical channels. With operations in over 100 countries and approximately 21,000 employees, Diebold Nixdorf specializes in automating, digitizing, and transforming banking and shopping experiences.
Marks & Spencer (M&S) has renewed and expanded its services contract with Diebold Nixdorf (NYSE: DBD) for four additional years. The agreement covers support services for over 1,000 stores in the UK and Ireland, including managed services for self-checkout technology, self-order terminals, and implementation services. The expanded scope focuses on increasing productivity through automation and staff self-help solutions, featuring remote IT device management, self-help tools with process descriptions and videos, simplified incident logging, and self-healing software capabilities.
Diebold Nixdorf (NYSE: DBD), a leader in banking and retail solutions, announced its third quarter 2024 financial results. The company expects to achieve the high end of its Adjusted EBITDA guidance for 2024. CEO Octavio Marquez and CFO Tom Timko will discuss the financial performance during a conference call. Detailed results and presentation materials are available on the company's Investor Relations website.
Diebold Nixdorf (NYSE: DBD), a global leader in banking and shopping transformation, has announced its participation in Baird's 2024 Global Industrials Conference. President and CEO Octavio Marquez and EVP/CFO Tom Timko will conduct one-on-one and small group meetings with investors on November 14, 2024. The company's investor presentation will be available on their Investor Relations website the morning of the conference.
Diebold Nixdorf serves the majority of the world's top 100 financial institutions and top 25 global retailers, providing integrated solutions that connect digital and physical channels. The company operates in over 100 countries with approximately 21,000 employees worldwide.