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Afarak Group Plc (AFAGR.HE)

AFAGR.HE on Helsinki Stock Exchange

0.77EUR
18 Aug 2017
Change (% chg)

€0.00 (+0.00%)
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€0.77
Open
€0.77
Day's High
€0.77
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€0.76
Volume
79,071
Avg. Vol
271,756
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€1.15
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€0.39

Latest Key Developments (Source: Significant Developments)

Afarak Group Q2 EBITDA jumps to EUR 4.8 mln
Friday, 11 Aug 2017 02:00am EDT 

Aug 11 (Reuters) - AFARAK GROUP PLC ::Q2 EBITDA EUR 4.8 MILLION VERSUS EUR 0.8 MILLION YEAR AGO.Q2 REVENUE EUR 47.4 MILLION VERSUS EUR 39.5 MILLION YEAR AGO.  Full Article

Afarak: Afarak Mogale to shut down for maintenance
Thursday, 22 Jun 2017 04:00am EDT 

June 22 (Reuters) - AFARAK GROUP PLC :REG-AFARAK MOGALE TO SHUT DOWN FOR MAINTENANCE.‍IT IS EXPECTED THAT AROUND 5,500 TONNES OF CHARGE CHROME WILL NOT BE PRODUCED.​.‍COMPANY IS STILL ASSESSING EXTENT OF IMPACT ON FINANCIAL PERFORMANCE IN Q3 AND HAS INITIATED TALKS WITH INSURERS.​.  Full Article

Afarak: Jelena Manojlovic appointed Chairman
Tuesday, 23 May 2017 10:42am EDT 

May 23 (Reuters) - AFARAK GROUP PLC :SAYS JELENA MANOJLOVIC WAS UNANIMOUSLY APPOINTED AS CHAIRMAN.  Full Article

Afarak Group Q1 EBITDA EUR 12.7 million
Friday, 12 May 2017 02:01am EDT 

May 12 (Reuters) - AFARAK GROUP PLC :Q1 REVENUE EUR 56.7 MILLION VERSUS EUR 40.8 MILLION YEAR AGO.Q1 EBITDA EUR 12.7 MILLION VERSUS EUR 3.3 MILLION YEAR AGO.EXTRAORDINARY EUR 0.02 PER SHARE DISTRIBUTION FROM INVESTED UNRESTRICTED EQUITY FUND IS NOW BEING RECOMMENDED.STILL EXPECTS IMPROVED PERFORMANCE IN Q2 2017 COMPARED TO A YEAR EARLIER, ALTHOUGH SUBDUED, WHEN COMPARED TO Q1 2017.  Full Article

Afarak Group says expects significantly better Q1 results
Thursday, 27 Apr 2017 07:00am EDT 

April 27 (Reuters) - AFARAK GROUP PLC :REG-PROFIT WARNING: AFARAK EXPECTS SIGNIFICANTLY BETTER QUARTER ONE RESULTS.SAYS IT IS EXPECTED THAT QUARTER ONE RESULTS FOR 2017 WILL BE AMONG HIGHEST RECORDED FOR COMPANY SINCE IT ENTERED MINERAL BUSINESS..EBIT IS EXPECTED TO REACH A LEVEL OF NOT LESS THAN EUR 10 MILLION..  Full Article

Afarak increases its production of ferrochrome
Thursday, 20 Apr 2017 02:03am EDT 

April 20 (Reuters) - AFARAK GROUP PLC :AFARAK GROUP INCREASES ITS PRODUCTION OF FERROCHROME.COMPLETES TRANSITION OF SECOND SILICOMANGANESE FURNACE TO FERROCHROME..SAYS IT IS EXPECTED THAT NEW FURNACE WILL BE PRODUCING AN ADDITIONAL 2,300 TONS PER MONTH.  Full Article

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