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Componenta Corp (CTH1V.HE)

CTH1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Composition proposal for Componenta Främmestad AB approved
Monday, 3 Jul 2017 06:05am EDT 

July 3 (Reuters) - COMPONENTA CORP ::COMPOSITION PROPOSAL FOR COMPONENTA FRÄMMESTAD AB APPROVED .‍DISTRICT COURT OF SKARABORG HAS MADE ITS DECISION REGARDING RESTRUCTURING OF COMPONENTA FRÄMMESTAD AND APPROVED COMPOSITION ​.  Full Article

Componenta Främmestad has sufficient support secured for the restructuring proceeding
Monday, 29 May 2017 06:40am EDT 

May 29 (Reuters) - Componenta Corp :COMPONENTA FRÄMMESTAD AB HAS SUFFICIENT SUPPORT SECURED FOR THE RESTRUCTURING PROCEEDING.‍COMPONENTA FRÄMMESTAD AB HAS FILED AN APPLICATION TO SKARABORG DISTRICT COURT FOR AN EXTENSION OF THREE MONTHS FOR RESTRUCTURING PROCEEDING OF COMPONENTA FRÄMMESTAD AB​.‍COMPONENTA FRÄMMESTAD AB AND COMPONENTA DÖKÜMCÜLÜK TICARET VE SANAYI A.S., SIGNED A SEPARATE AGREEMENT REGARDING EUR 11.4 MILLION RESTRUCTURING DEBT​.IN ACCORDANCE WITH AGREEMENT, DEBT IS CUT BY 75% AND SHALL BE PAID BACK WITHIN A PERIOD OF SIX YEARS, AFTER REPAYMENT OF OTHER RESTRUCTURING DEBT.  Full Article

Componenta Corp Q1 comparable adjusted EBITDA EUR 1.9 million
Tuesday, 16 May 2017 01:00am EDT 

May 16 (Reuters) - COMPONENTA CORP :Q1 COMP. NET SALES EUR 46.3 MILLION VERSUS EUR 42.6 MILLION YEAR AGO.Q1 CONTINUING. OPERATIONS EBITDA EX-ITEMS EUR 1.9 MILLION VERSUS LOSS EUR 1.1 MILLION YEAR AGO.GUIDELINES UNCHANGED FOR 2017.  Full Article

Componenta: Petteri Walldén elected chairman of board
Friday, 5 May 2017 09:00am EDT 

May 5 (Reuters) - COMPONENTA CORP :PETTERI WALLDÉN ELECTED CHAIRMAN OF BOARD.  Full Article

Componenta Q4 adjusted EBITDA swings to profit EUR 1.1 million
Thursday, 30 Mar 2017 02:45am EDT 

Componenta Corp : THE NET SALES AND OPERATING PROFIT OF CONTINUED OPERATIONS DECLINED. THE PROGRESS OF THE CORPORATE RESTRUCTURING PROCESS IN FINLAND AND SWEDEN WILL ENABLE TO RESTORE PROFITABILITY AND FUTURE DEVELOPMENT. . IT IS NOT POSSIBLE TO PAY A DIVIDEND . BELIEVES THAT CORPORATE RESTRUCTURING PROCEEDINGS WILL PROCEED FAVOURABLE . EXPECTS NET SALES OF CONTINUED OPERATIONS TO BE EUR 150-170 MILLION IN 2017 . 2017 EBITDA WITHOUT ITEMS AFFECTING COMPARABILITY IS EXPECTED TO BE EUR 5-10 MILLION. . BECAUSE OF BANKRUPTCY PROCEEDINGS, COMPANY CONSIDERS THAT IT HAS LOST CONTROL OVER SUB-GROUP IN NETHERLANDS . Q4 NET SALES FROM CONTINUING. OPERATIONS EUR 44.2 MILLION VERSUS EUR 52.7 MILLION YEAR AGO . Q4 ADJUSTED. EBITDA EUR 1.1 MILLION VERSUS LOSS EUR 0.3 MILLION YEAR AGO .END-Q4 ORDER BOOK FROM CONTINUING OPERATIONS EUR 30.8 MILLION VERSUS EUR 31.4 MILLION YEAR AGO.  Full Article

Componenta: postponing of draft restructuring program
Thursday, 26 Jan 2017 10:00am EST 

Componenta Corp : Postponing of the draft restructuring program of Componenta .Restructuring of enterprises commences on Sept. 30, 2016.  Full Article

Composition proposals for Componenta Wirsbo and Componenta Arvika approved
Friday, 30 Dec 2016 10:00am EST 

Componenta Corp : Composition proposals for Componenta Wirsbo AB and Componenta Arvika AB approved . District courts in Sweden make decisions regarding restructuring of Componenta Wirsbo AB and Componenta Arvika AB .According to court decisions, unsecured creditors shall receive full payment up to a total amount of 10,000 Swedish crowns ($1,104) and 25 pct on excess claim to be paid.  Full Article

Componenta says consulting agreement signed with Is Yatirim
Wednesday, 21 Dec 2016 08:32am EST 

Componenta Dokumculuk :Majority shareholder Componenta Corporation and the company signs consulting agreement with Is Yatirim Menkul Degerler for sale of shares or/and assets in the company.  Full Article

Componenta to sell forge operations
Thursday, 13 Oct 2016 08:00am EDT 

Componenta Corp : Plans to sell its forge operations in Sweden - Componenta Wirsbo AB and Componenta Arvika AB . Says both companies are in corporate restructuring .Companies’ net sales in 2015 was about 50 million euros ($56.01 million) in total and they employ about 220 persons.  Full Article

Componenta to sell shareholding in Turkish subsidiary
Friday, 7 Oct 2016 02:30am EDT 

Componenta Corp : Plans to sell its shareholding in Turkish subsidiary, Componenta Dökümcülük Ticaret ve Sanayi A.S. . Turkish unit had net sales of 260 million euros ($288.99 million) in 2015 and it employs some 2,600 people . Arrangement is not expected to have impact on Componenta cash flow or on operations of remaining subsidiaries .Aim of divesture is to release Componenta group companies outside Turkey from debts from Turkish unit and improve unit's operational situation.  Full Article

BRIEF-Componenta Dokumculuk reports Q1 net profit at 6.9 mln lira

* Q1 REVENUE AT 213.1 MILLION LIRA ($59.67 MILLION) VERSUS 200.6 MILLION LIRA YEAR AGO