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Mersen SA (CBLP.PA)

CBLP.PA on Paris Stock Exchange

24.98EUR
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Mersen FY net profit up at 3.2 million euros
Wednesday, 8 Mar 2017 01:36am EST 

Mersen SA : FY net profit 3.2 million euros ($3.38 million) versus 2.6 million euros year ago . FY EBITDA stood at 96.7 million euros, representing 12.7 percent of sales . FY operating income before non-recurring items 59.9 million euros ($63.28 million) versus 60.9 million euros year ago . FY operating margin before non-recurring items 7.8 percent versus 7.9 percent year ago . In 2017, will also continue to deploy its operational excellence plan, which will lower the cost structure and drive competitiveness in group plants . Costs associated with the plan have, for the most part, already been booked in the 2016 financial statements and will result in an amount of 25 million euros being paid out in 2017 . Group expects to see year-on-year organic sales growth of between 0 percent and 2 percent in 2017, with a 50 to 100 basis point improvement in operating margin before non-recurring items .Recommended 2016 dividend of 0.50 euros a share.  Full Article

Mersen wins 7 million euro order from Siemens
Tuesday, 31 Jan 2017 11:52am EST 

Mersen Sa : Mersen wins about 7 million euro ($7.55 million) order from Siemens .Deliveries will take place in 2017 and 2018.  Full Article

Mersen FY sales fall to 763.6 million euros
Thursday, 26 Jan 2017 11:44am EST 

Mersen SA : FY sales 763.6 million euros ($814.61 million) versus eur 767.6 million year ago . Q4 sales 187.8‍​ million euros versus 186.5 million euros year ago .Expects FY current operating margin of around 7.8 pct of revenue (compared with previous target of around 7.5 pct of turnover).  Full Article

Mersen Q3 total group sales slightly down at 189.2‍​ million euros
Wednesday, 26 Oct 2016 12:16pm EDT 

Mersen SA : Q3 total group sales 189.2‍​ million euros versus 190.3 million euros ($207.77 million) year ago . 9M total group sales 578.1 million euros versus 583.3 million euros year ago .Confirms 2016 outlook.  Full Article

Mersen Q2 consolidated sales rise to 198 million euros
Thursday, 28 Jul 2016 12:46pm EDT 

Mersen SA : Q2 2016 consolidated sales of €198 million ($219.34 million), on a like-for-like basis, the top line grew by 1.4% compared with the second quarter of 2015 and rose by over 4% compared with the first quarter of 2016 . H1 EBITDA totals €49.1 million (12.6% of sales) . H1 net income attributable to Group equity holders EUR 11.3 million versus EUR 16.1 million year ago .Reiterates the guidance for 2016.  Full Article

Mersen wins contract with $8.5 mln contract from Bombardier
Monday, 18 Jul 2016 11:45am EDT 

Mersen SA : Wins $8.5 million contract from Bombardier Inc transportation . Says contract with Bombardier is the largest of this kind in the history of Mersen . Order is to supply cooling devices and laminated bus bars for the San Francisco Bay Area Rapid Transit (BART) project over a five year period .Shipments to bombardier transportation will start in the 2nd half of 2016.  Full Article

Mersen teams up with Transpod on Hyperloop project
Thursday, 19 May 2016 12:15pm EDT 

Mersen SA : Mersen teams up with Transpod on the “Fifth Mode of Transportation” Hyperloop project . Partnership covers the design by Mersen of innovative cooling solutions to protect the power conversion equipment enabling the capsule to travel at speeds of over 1,000 km/h in a vacuum tube .“Mersen is proud to be joining forces with Transpod on this revolutionary project launched by visionary entrepreneur Elon Musk in 2013"-CEO.  Full Article

Mersen says new governance framework adopted
Thursday, 12 May 2016 03:35am EDT 

Mersen SA : New governance framework was adopted at today's annual general meeting Further company coverage: [CBLP.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Mersen confirms FY 2016 guidance
Tuesday, 26 Apr 2016 08:00pm EDT 

Mersen SA:Confirms 2016 objectives.Targets 2016 revenue at level of 2015 at constant scope.2016 current operating margin objective around 7.5 pct of revenue.  Full Article

Mersen to propose changes to its governance framework
Sunday, 3 Apr 2016 08:00pm EDT 

Mersen SA:Plans to replace the existing twotier structure of a supervisory board and a management board with a unitary structure consisting solely of a board of directors.AGM also consider the appointment of Hervé Couffin as chairman of the board of directors and Luc Themelin as chief executive officer.  Full Article

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BRIEF-Mersen FY net profit up at 3.2 million euros

* FY net profit 3.2 million euros ($3.38 million) versus 2.6 million euros year ago