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Afarak Group Plc (AFAGR.HE)

AFAGR.HE on Helsinki Stock Exchange

29 Mar 2017
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€0.02 (+2.61%)
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Latest Key Developments (Source: Significant Developments)

Afarak Group Q4 EBITDA rises to 4.3 million euros
Friday, 17 Feb 2017 02:00am EST 

Afarak Group Plc : Q4 revenue 44.4 million euros ($47.35 million) versus 49.2 million euros year ago . Q4 EBITDA 4.3 million euros versus 3.7 million euros year ago .Says expects significantly better results in Q1 2017 compared to Q1 2016 results.  Full Article

Afarak Group: Fatality at Mogale plant
Monday, 22 Aug 2016 01:29am EDT 

Afarak Group Oyj : Said on Friday Nelson Maurison Msimango, who was employed at Mogale Alloys, South Africa, succumbed from his injuries arising from serious incident at P3 Furnace on Monday evening .Afarak Group shut down operations at Mogale Alloys plant to facilitate counselling sessions with fellow employees and memorial service at the Plant.  Full Article

Afarak pays interim capital redemption
Tuesday, 16 Aug 2016 02:21am EDT 

Afarak Group Plc : Says pays interim capital redemption . Additional capital redemption of 0.01 euro per share will be paid . Payment will be made from company's fund for invested unrestricted equity on Sept. 16 .Record date of redemption is Aug. 17.  Full Article

Afarak Q2 revenue down at 39.5 million euros
Tuesday, 16 Aug 2016 02:00am EDT 

Afarak Group Plc : Expects performance to improve in coming months . Q2 revenue 39.5 million euros ($44.30 million) versus 53.1 million euros year ago .Q2 EBITDA 0.8 million euros versus 7.6 million euros year ago.  Full Article

Afarak Group Q1 EBITDA down at EUR 3.3 million
Wednesday, 11 May 2016 02:02am EDT 

Afarak Group Oyj : Q1 revenue 40.8 million euros ($46.47 million) versus 40.7 million euros year ago .Q1 EBITDA 3.3 million euros versus 4.6 million euros year ago.  Full Article

Afarak completes EUR 3 million shaking table investment project
Monday, 9 May 2016 04:19am EDT 

Afarak Group Oyj : Sats completes 3 million euro ($3.42 million) shaking table investment project . Project will achieve up to 40 pct mass yield from tailings .Says plant is now ready to commence full production.  Full Article

Afarak Group Plc subsidiary sucessfully completes section 189 negotiations
Friday, 8 Apr 2016 03:30am EDT 

Afarak Group Plc:Announces that subsidiary Mogale Alloys has successfully concluded section 189 negotiations.Finds itself in a position where 23 jobs have been retrenched.Committed itself to assist these employees and in fact all have been either relocated or offered voluntary retirement schemes.  Full Article

Afarak Group Plc signs 3-year agreement with US company
Thursday, 7 Apr 2016 05:13am EDT 

Afarak Group Plc:Afarak Group plc announces that it has entered into long-term agreement with a developer and manufacturer of products made from advanced stainless steel and special alloys.This agreement comes on the back of another 3-year sales agreement Afarak concluded with US company Carpenter Technology Corporation.  Full Article

Afarak Group Proposes 2015 dividend of ‍0.02​ euros per share
Tuesday, 16 Feb 2016 02:00am EST 

Afarak Group Plc:Proposes 2015 dividend of ‍0.02​ euros per share.  Full Article

Afarak Group signs distribution agreement with Carpenter Technology
Thursday, 4 Feb 2016 09:47am EST 

Afarak Group Plc:Says its wholly owned subsidiary Afarak Trading Limited (RCS) has entered into a long-term agreement with US company Carpenter Technology Corporation.Afarak Trading Limited to provide Low Carbon Ferro Chrome produced at Elektrowerk Eschweiler-Weisweiler in Germany, another wholly owned subsidiary of Afarak Group Plc.  Full Article

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