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Constructions Industrielles Mediterranee SA (CNIM.PA)

CNIM.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CNIM FY net income group share rises to 49.7 million euros
Thursday, 9 Mar 2017 12:44pm EST 

CNIM SA : FY net income group share EUR 49.7 million ($52.57 million) versus EUR 35.8 million year ago . FY operating income EUR 19.1 million versus EUR 41.4 million year ago . FY revenue EUR 539.9 million versus EUR 727.0 million year ago announced or EUR 635.9 million year ago restated . To propose a dividend of EUR 6.70 per share .Evolution of order backlog allows to anticipate an increase in activity in 2017.  Full Article

CNIM unit Bertin Technologies and Onera sign 3 yr research partnership
Wednesday, 14 Dec 2016 02:30am EST 

CNIM SA :Bertin technologies, a CNIM unit, and Onera, french aerospace lab, have signed a three-year research and innovation partnership agreement to create Cubix, a joint laboratory.  Full Article

CNIM Q3 revenue down at 119.7 mln euros
Tuesday, 15 Nov 2016 12:18pm EST 

Constructions Industrielles Mediterranee SA : Reports Q3 revenue 119.7 million euros ($128.4 million) versus 139.5 million euros a year ago .Q3 order backlog is 353.2 million euros versus 62.5 million euros a year ago.  Full Article

CNIM H1 net income group share falls to 14.7 million euros
Wednesday, 31 Aug 2016 12:55pm EDT 

CNIM SA : H1 net income group share 14.7 million euros ($16.41 million) versus 18.7 million euros a year ago . H1 revenue 249.2 million euros versus 315.6 million euros a year ago . H1 operating income 14.0 million euros versus 26.3 million euros a year ago .The disposal of Babcock Wanson subsidiaries will have a positive impact in the second half, both on results and cash position.  Full Article

CNIM sells Babcock Wanson subsidiaries to FCDE
Thursday, 21 Jul 2016 01:39am EDT 

Constructions Industrielles Mediterranee SA : Announced on Wednesday the sale of the Babcock Wanson subsidiaries to FCDE .Sale price 57 million euros ($62.9 million).  Full Article

CNIM and FCDE in talks over sale of Babcock Wanson subsidiaries
Wednesday, 25 May 2016 01:38am EDT 

Constructions Industrielles Mediterranee SA : Said on Tuesday CNIM and FCDE (Fonds de Consolidation et de Développement des Entreprises) have entered into exclusive negotiations over the sale of Babcock Wanson subsidiaries (excluding Babcock Wanson Morocco) . Project could be finalized during the summer of 2016 .Babcock Wanson specialises in the design and manufacturing of industrial boilers and associated services.  Full Article

CNIM Q1 revenue down 17.5 pct at 150 mln euros
Tuesday, 10 May 2016 12:31pm EDT 

Constructions Industrielles Mediterranee SA : Reports Q1 revenue of 150.0 million euros versus 181.8 million euros a year ago .Order backlog at end Q1 is 645.4 million euros versus 631.1 million euros at Jan. 1, 2016.  Full Article

CNIM to propose dividend of 5.9 euro per share
Thursday, 10 Mar 2016 12:18pm EST 

CNIM SA:To propose dividend of 5.9 euro per share.  Full Article

CNIM to be included in the CAC small index
Wednesday, 9 Mar 2016 07:00pm EST 

Euronext NV:Announces the quarterly review of the CAC family indices.Sodexo to be included in the CAC 40 index.Alstom to be removed from the CAC 40 index.Alstom and Eutelsat Communications to be included in the CAC Next 20 index.Sodexo and Edenred to be removed from the CAC Next 20 index.Eutelsat Communications to be included in the CAC Large 60 index.Edenred to be excluded from the CAC Large 60 index.Edenred, Amundi, Worldline and Spie to be included in the CAC Mid 60 index.Eutelsat, Adocia and Coface to be removed from the CAC Mid 60 index.Amundi, Worldline and Spie to be included in the SBF 120 index.Adocia and Coface to be removed from the SBF 120 index.Adocia, Coface, Showroomprive, Store Electronics and CNIM to be included in the CAC small index.Spie and Worldline to be removed from the CAC small index.Amundi, Edenred, Showroomprive, Store Electronics and Constructions Industrielles Mediterranee to be included in the CAC Mid & Small index.Eutelsat to be removed from the CAC Mid & Small index.Amundi, Showroomprive, Store Electronics and Constructions Industrielles Mediterranee to be included in the CAC All-Tradable index.Changes will be effective as of March 21, 2016.  Full Article

SPI Fund announces investment in Suncim alongside CNIM
Wednesday, 24 Jun 2015 02:39am EDT 

SPI Fund:Invests in Suncnim alongside Constructions Industrielles de la Mediterranee SA (CNIM) .Suncnim, which will be majority-owned by CNIM, will develop and build turnkey concentrated solar power plants for export.Total of 55 million euros ($61.6 million), including contributions in kind of technology, will be invested in Suncnim, of which 25 million euros will be provided by SPI Fund.  Full Article

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