Eramet SA (ERMT.PA)
30 Sep 2016
Latest Key Developments (Source: Significant Developments)
Eramet SA:Said in 2015 general trends in economic should benefit to group's performance.Said in 2015, group is targeting about 90 million euros in cost reductions and productivity gains out of total 360 million euros for 2014-2017.Said will keep capital expenditure below 400 million euros threshold in 2015 as it did in 2014.Said will submit to shareholders' vote at general meeting on May 29, 2015 that no dividends be paid out with respect to 2014. Full Article
PARIS, July 28 French mining group Eramet says in results presentation on Thursday that a mix of cost savings, divestment and extra financing including a convertible bond issue will help its nickel unit in New Caledonia stem heavy losses.