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Assystem SA (ASY.PA)

ASY.PA on Paris Stock Exchange

35.20EUR
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Assystem makes offer for 5 pct in New Areva NP; sells its Global Product Solutions division to Ardian
Thursday, 11 May 2017 01:03am EDT 

May 11 (Reuters) - ASSYSTEM SA ::ASSYSTEM MAKES TWO STRATEGIC DECISIONS TO ALLOW ITS TWO MAJOR BUSINESS LINES TO ACCELERATE THEIR GROWTH.GLOBAL PRODUCT SOLUTIONS: ASSYSTEM JOINS FORCES WITH ARDIAN TO DEVELOP ITS ACTIVITY OF ENGINEERING PRODUCTS AND SERVICES POST-DEVELOPMENT.CONCLUDED AN AGREEMENT WITH ARDIAN WITH A VIEW TO SELL TO ARDIAN 60 PCT OF ITS RESEARCH AND DEVELOPMENT OUTSOURCING DIVISION GLOBAL PRODUCT SOLUTIONS (GPS).THE VALUE DETERMINED FOR 100% OF GPS IS OF EUR 550 MILLION ($597.6 MILLION).TAKING INTO ACCOUNT THE BANK FINANCING TO BE PUT IN PLACE BY ACQUISITION VEHICLE, ASSYSTEM WILL INVEST ITS OWN FUNDS IN GPS FOR APPROXIMATELY EUR 125 MILLION, REPRESENTING ITS 40 PCT STAKE.GPS: TAX AND OTHER COSTS INCURRED BY ASSYSTEM REPRESENT APPROXIMATELY EUR 25 MILLION, THEREFORE THE NET PROCEEDS TO IT WILL AMOUNT TO APPROXIMATELY EUR 400 MILLION.PORTION OF PROCEEDS OF SALE OF 60 PCT OF GPS WILL BE USED BY ASSYSTEM TO FINANCE REPURCHASE OF PART OF ITS SHARES PURSUANT TO AN OFFER TO BE LAUNCHED WITHIN 3 MONTHS OF CLOSING.SUCH OFFER WILL BE MADE FOR AN AMOUNT OF AT LEAST EUR 200 MILLION AND ON A MINIMUM OF 25 PCT OF ASSYSTEM SHARES (NOT INCLUDING TREASURY SHARES).ASSYSTEM’S BOARD OF DIRECTORS AGREED TO THESE TERMS AND TO STRUCTURE SHARE REPURCHASE SO HDL DEVELOPMENT (60.7 PCT STAKE IN ASSYSTEM) MAINTAINS SUCH STAKE AFTER COMPLETION OF OFFER.  Full Article

Assystem says makes offer for up to 5% in New Areva
Thursday, 11 May 2017 01:03am EDT 

May 11 (Reuters) - ASSYSTEM :ASSYSTEM SAYS MAKES OFFER FOR UP TO 5 PERCENT IN NEW AREVA NP.SAYS COULD INVEST AROUND 125 MILLION EUROS IN NEW AREVA NP.SAYS PLANNING TO SELL 60 PERCENT STAKE IN GPS RESEARCH AND DEVELOPMENT DIVISION TO ARDIAN.  Full Article

Assystem acquires Engineering Partner Automotive Nordic
Wednesday, 3 May 2017 11:36am EDT 

May 3 (Reuters) - Assystem SA ::Acquires Engineering Partner Automotive Nordic AB.  Full Article

Assystem wins equipment qualification contract as part of alliance
Tuesday, 2 May 2017 06:24am EDT 

May 2 (Reuters) - Assystem SA ::Nuclear AMRC is working with new alliance of Rolls-Royce, Lloyd's Register (LR), co and Arexis to support UK's nuclear new build programme through equipment qualification.  Full Article

Assystem Q1 revenue rises to 266.4 million euros
Thursday, 27 Apr 2017 11:35am EDT 

April 27 (Reuters) - Assystem SA ::First-quarter 2017 consolidated revenue up 13 pct on year.Q1 revenue 266.4 million euros ($289.76 million) versus 235.8 million euros year ago.  Full Article

Assystem GmbH and Berner & Mattner Systemtechnik GmbH to merge
Tuesday, 21 Mar 2017 09:14am EDT 

Assystem SA :Assystem GmbH and Berner & Mattner Systemtechnik GmbH to merge.  Full Article

Assystem acquires 100 pct interest in Automotive Solutions Germany GmbH
Monday, 13 Mar 2017 12:35pm EDT 

Assystem SA : Reg-Assystem : Assystem extends its automotive capabilities . Assystem has acquired end of February a 100 pct interest in Automotive Solutions Germany GmbH (“ASG”), .Has acquired end of February a 100 pct interest in Automotive Solutions Germany GmbH ("ASG").  Full Article

Assystem FY consolidated profit up 15.2 pct at 32.1 million euros
Wednesday, 8 Mar 2017 11:38am EST 

Assystem Sa : FY consolidated profit 32.1 million euros ($33.83 million) versus 27.9 million euros year ago . Proposes FY dividend of 1.0 euros per share . For 2017 sees an organic growth of its turnover at constant exchange rate at least equal to that of 2016 . For 2017 sees further improvement in its operating margin .For 2017 expects free cash flow to be over 5 pct of revenue.  Full Article

Assystem FY revenue up 5.3 pct at 955.6 million euros
Thursday, 2 Feb 2017 11:35am EST 

Assystem SA : Fy revenue 955.6 million euros ($1.03 billion) versus 907.7 million euros year ago .Outlook for Assystem’S business in its three main sectors remains favourable for 2017.  Full Article

Assystem announces the repurchase of 50.88 pct of its ODIRNANE
Tuesday, 27 Sep 2016 12:51pm EDT 

Assystem SA : Assystem announces the repurchase of 50.88 pct of its ODIRNANE for a unit price of 34.50 euros ($38.70) (including accrued interest) . Settlement and delivery of ODIRNANE so repurchased is expected on September, 30 2016 .Repurchase via a reverse bookbuilding process.  Full Article

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France's Assystem makes offer for 5 pct in New Areva NP company

PARIS, May 11 French engineering services group Assystem has made an offer for a 5 percent stake in the new Areva NP reactor unit being formed from the broader restructuring of Areva.