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Firstfarms A/S (FFARMS.CO)

FFARMS.CO on Copenhagen Stock Exchange

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

Firstfarms Q2 EBIT up at DKK 2.1 million
Tuesday, 30 Aug 2016 05:42am EDT 

Firstfarms A/S : Q2 turnover 13.4 million Danish crowns ($2.01 million) versus 15.3 million crowns year ago . Q2 EBIT 2.1 million crowns versus 1.7 million crowns year ago .Maintains announced FY EBIT expectations of 0 crown, and after final due diligence and implementation of 2/3 of agreement with AP Pension an EBIT-result of 26 million crowns.  Full Article

FirstFarms: Remaining bond owners agree to prolongation
Thursday, 30 Jun 2016 04:32am EDT 

FirstFarms A/S :Says remaining 17 bond owners totally representing convertible bonds for 27.2 million Danish crowns ($4.07 million) have chosen to accept offer for prolongation.  Full Article

FirstFarms to prolong existing convertible bonds and issue new convertible bonds
Thursday, 16 Jun 2016 03:27am EDT 

FirstFarms A/S :Said on Wednesday offers a prolongation of the convertible and also offers issuance of new convertible bonds for up to 50 million Danish crowns ($7.6 million).  Full Article

Firstfarms Q1 EBIT drops to DKK 1,000
Tuesday, 24 May 2016 06:24am EDT 

Firstfarms A/S : Q1 turnover 25.4 million Danish crowns ($3.82 million) versus 17.1 million crowns year ago . Q1 EBIT 0 million crowns versus 2.1 million crowns year ago .Maintains announced expectations of an EBIT result of 0 million crowns.  Full Article

FirstFarms signs LoI with AP Pension on some Romanian assets
Thursday, 21 Apr 2016 11:23am EDT 

FirstFarms A/S:Says has signed a Letter of Intent (LOI) with AP Pension about the sale of about 3,000 hectares of land and grain storage and farm buildings in East Romania.Agreement also regards 10-year rent agreement on the land and buildings with repurchase right for FirstFarms.Total frame in the LOI represents an amount of 375 million Danish crowns, of which 125 million crowns is drawn on this first part of the agreement.Says proceeds by selling land and buildings to AP Pension will be about 125 million crowns before tax.Says deal will result in profit before tax of about 40 million crowns and a future yearly operating impact of 0-2 million crowns, depending of use of the proceeds.  Full Article

FirstFarms A/S gives FY 2016 EBIT outlook
Tuesday, 22 Mar 2016 09:49am EDT 

FirstFarms A/S:In FY 2016 expects an EBIT-result in level of 0 million Danish crowns.  Full Article

FirstFarms adjusts FY 2015 outlook
Thursday, 27 Aug 2015 09:48am EDT 

FirstFarms A/S:Says FY 2015-expectations are adjusted downwards with 6 million Danish crowns, thus EBIT result of 0 million to 5 million crowns is now expected.  Full Article

Skiold Holding Aps bought 60,000 Firstfarms A/S shares for DKK 2.8 mln
Thursday, 4 Jun 2015 02:21am EDT 

FirstFarms A/S:Says Skiold Holding Aps, close related to chairman of board Henrik Hougaard, bought 60,000 shares in Firstfarms for a total value of 2,790,000 Danish crowns ($421,176.58).  Full Article

FirstFarms discontinues negotiations with DCH International; confirms FY 2015 outlook
Wednesday, 27 May 2015 04:47am EDT 

FirstFarms A/S:Discontinues negotiations with DCH International A/S.Says after closer review of foundation, Firstfarms has found that the average field size is less than originally anticipated.Consequently, FirstFarms considers that it is not possible to achieve adequate synergy and thus create satisfactory profit by taking over the operation of the land and the delivery of slurry from DCH International.Says maintains the expectations about an EBIT-result of 6 million - 11 million crowns in FY 2015.  Full Article

FirstFarms A/S maintains FY 2015 EBIT expectations
Monday, 18 May 2015 03:12am EDT 

FirstFarms A/S:Maintains FY 2015 expectations of an EBIT result of 6 million - 11 million Danish crowns.  Full Article

More From Around the Web

BRIEF-FirstFarms Q3 EBIT loss narrows to DKK 0.7 million

* Q3 turnover 51.0 million Danish crowns ($7.27 million) versus 38.6 million crowns year ago

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