Key Developments: Cor&Fja AG (FJHG.F)

FJHG.F on Frankfurt Stock Exchange

1.16EUR
11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

COR&FJA AG comments on FY 2014 outlook
Wednesday, 28 May 2014 10:32am EDT 

COR&FJA AG:Expects to generate for FY 2014 turnover of roughly 100.0 million euros and an operating result before interest, taxes, depreciation of property, plant and equipment and amortization of intangible assets (EBITDA) of some 11.0 million euros.FY 2014 revenues at 100.00 mln euros-Thomson Reuters I/B/E/S.  Full Article

COR&FJA AG plans to change name to msg life ag
Friday, 16 May 2014 03:08am EDT 

COR&FJA AG:Intends to change its company name to "msg life ag".The proposal to amend the company's articles will be submitted for resolution to the upcoming annual general meeting June 26.  Full Article

COR&FJA AG announces resignation of Supervisory Board's Chairman
Monday, 14 Apr 2014 06:08am EDT 

COR&FJA AG:Says Chairman of company's Supervisory Board, Elmar Helten, has announced he is stepping down from his office as member and Chairman of Supervisory Board as of end of business on 30 June.  Full Article

COR&FJA AG sells its equity stake in plenum AG
Wednesday, 12 Mar 2014 08:37am EDT 

COR&FJA AG:Signs contract with two private investors to sell its shareholding in plenum AG.Subject matter of contract of sale comprises 4,008,825 no par value shares in plenum, corresponding to 41.33 pct stake in that company's capital stock, which is held by COR&FJA AG.  Full Article

COR&FJA AG issues FY 2014 outlook and completes sale of subsidiary COR&FJA Banking Solutions GmbH
Tuesday, 18 Feb 2014 11:45am EST 

COR&FJA AG:Completes sale of subsidiary, by transferring all of shares in COR&FJA Banking Solutions GmbH to the French company Sopra Banking Software S.A.Purchase price for the shares is 13 million euros.COR&FJA Banking Solutions GmbH has become part of consolidated group of Sopra Banking Software's parent company, Sopra Group S.A.COR&FJA AG anticipates aggregate turnover of some 100 million euro and earnings before interest, taxes, depreciation and amortisation (EBITDA) of approximately 11 million euro for FY 2014.FY 2014 revenue of 105.00 million euro - Thomson Reuters I/B/E/S.FY 2014 EBITDA of 9.20 million euro - Thomson Reuters I/B/E/S.  Full Article

COR&FJA AG publishes target figures for 2014
Friday, 14 Feb 2014 06:48am EST 

COR&FJA AG:Expects an aggregate turnover of around 100 million euros and EBITDA of about 11 million euros for 2014, fiscal year 2014 turnover 105 million euros, EBITDA 9.55 million euros - Thomson Reuters I/B/E/S.  Full Article

COR&FJA AG signs sub-contractor contract with IBM Deutschland GmbH
Monday, 23 Dec 2013 10:57am EST 

COR&FJA AG:Signs as sub-contractor a contract with IBM Deutschland GmbH, that provides for the installation of the company's Life Factory as the central management platform for the migration of life insurance policies during an overall project term of around five years.Says IBM Deutschland GmbH has chosen the company as sub-contractor within its own contract with AXA Deutschland.Says the first installation stage is scheduled to go live at the beginning of 2015.Says within the parameters of the contractual provisions, IBM has assumed the role of AXA's central contracting partner and COR&FJA that of the product supplier and integration partner as IBM's sub-contractor.Says the aggregate order volume for COR&FJA will be in excess of 40 million euros.  Full Article

COR&FJA AG lowers FY 2013 guidance
Tuesday, 26 Nov 2013 05:45am EST 

COR&FJA AG:Says it is again reducing its earnings forecast for FY 2013.Says that instead of the 3.0 million euros that had previously been anticipated FY 2013 EBITDA is expected to be more or less break even.Says the forecast for aggregate turnover in FY 2013 has been adjusted from its previous 135.0 million euros to 133.0 million euros.FY 2013 revenue 134 million euros-Thomson Reuters I/B/E/S Estimates.FY 2013 EBITDA 2.5 million euros-Thomson Reuters I/B/E/S Estimates.  Full Article

Sopra Group SA's Sopra Banking Software to Acquire Cor&Fja AG's Cor&Fja Banking Solutions GmbH
Thursday, 14 Nov 2013 11:45am EST 

Sopra Group SA announced that it has signed with Cor&Fja AG an agreement concerning the acquisition by Sopra Group SA's Sopra Banking Software of 100% of the share capital of Cor&Fja AG's Cor&Fja Banking Solutions GmbH. Cor&Fja Banking Solutions GmbH covers all the functionalities required by retail and private banks as well as automotive and mortgage finance institutions. The proposed transaction, for a total amount of EUR 13 million, will be paid in cash.  Full Article

COR&FJA AG to Sell Its Shares in plenum AG
Wednesday, 9 Oct 2013 07:45am EDT 

COR&FJA AG announced that it has signed a letter of intent (LOI) for the planned sale of its shares in plenum AG. The transaction will be executed subject to a satisfactory due diligence procedure and a final agreement between COR&FJA and ConQor. The purchase price provided for in the LOI is around EUR 1.4 million and corresponds to the unweighted average closing price of the plenum share on the last 100 stock-market trading days up until September 14, 2013. COR&FJA holds a total of 4,008,825 no-par-value bearer shares in plenum, which corresponds to a 41.33% stake in its nominal capital.  Full Article

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