Edition:
United States

Forthnet SA (FORr.AT)

FORr.AT on Athens Stock Exchange

0.27EUR
10:10am EDT
Change (% chg)

€0.00 (+0.00%)
Prev Close
€0.27
Open
€0.27
Day's High
€0.27
Day's Low
€0.27
Volume
41
Avg. Vol
1,610
52-wk High
€0.47
52-wk Low
€0.17

Latest Key Developments (Source: Significant Developments)

Forthnet says that Theodoros Mouroutis takes over as IT executive director
Tuesday, 12 Sep 2017 10:31am EDT 

Sept 12 (Reuters) - FORTHNET SA :SAYS THAT THEODOROS MOUROUTIS TAKES OVER AS IT EXECUTIVE DIRECTOR.  Full Article

Forthnet H1 EBITDA shrinks by 40 percent
Wednesday, 9 Aug 2017 02:26am EDT 

Aug 9 (Reuters) - Forthnet SA ::H1 TOTAL (NORMALIZED) REVENUES STOOD AT 149.5 MILLION EURO VERSUS 165.3 MILLION EUROS YOY .H1 EBITDA AT 16.1 MILLION EURO VERSUS 26.8 MILLION EURO YOY.H1 REVENUE (INCLUDING OTHER INCOME) 149.3 MILLION EURO VERSUS 165.2 YOY .H1 PAY TV CUSTOMERS IN GREECE AT 423,279 THOUSAND VERSUS 460,252 THOUSAND AT THE SAME PERIOD IN 2016.SAYS THE SUBSCRIBER BASE DECLINED AS A RESULT OF THE CAUTIOUS COMMERCIAL POLICY, THE IMPOSITION OF A 10% TAX ON PAY-TV AND 5% TAX ON FIXED LINE SERVICES.CEO SAYS 'WE CONTINUE TO IMPLEMENT A CONSERVATIVE COMMERCIAL POLICY AND TAKE ACTIONS TO FURTHER IMPROVE OUR COST BASE'.  Full Article

Forthnet announces the admission to trading of new common shares
Wednesday, 28 Jun 2017 03:30am EDT 

June 28(Reuters) - FORTHNET S.A. ::REPORTED ON TUESDAY, ON JUNE 29, THE COMPANY’S 25.791 NEW COMMON SHARES, OF NOMINAL VALUE EUR 0.30 EACH WILL BE ADMITTED FOR TRADING IN THE ATHENS STOCK EXCHANGE.THE NEW SHARE HAVE RESULTED FROM THE COMPANY’S SHARE CAPITAL INCREASE BY 7.737.30 FURTHER TO THE CONVERSION OF 25.791 CONVERTIBLE BONDS OF NOMINAL VALUE EUR 0.30 EACH WITH CONVERSION PRICE 0.30 € PER BOND TO 25,791 COMMON SHARES.THE EXISTING CONVERTIBLE BOND ISSUED BY THE COMPANY OF TOTAL NOMINAL VALUE EUR 70.1 MLN ON 11.10.2016.THE COMPANY’S SHARE CAPITAL AMOUNTS TO EUR 33.0 MLN AND IS DIVIDED TO 110.1 MLN COMMON SHARES OF NOMINAL VALUE EUR 0.30 EACH .FURTHER TO THE ABOVE CONVERSION THE REMAINING CBL BONDS AMOUNT TO 233.723.142.  Full Article

Forthnet's deputy CFO, Georgios Mantoros becomes temporary CFO of the company
Friday, 19 May 2017 10:53am EDT 

May 19 (Reuters) - FORTHNET SA FORR.AT::SAYS DEPUTY CFO, GEORGIOS MANTOROS WILL ASSUME TEMPORARY DUTIES AS CFO AFTER THE TERMINATION OF THE COOPERATION WITH MICHALIS RAMAKIS.  Full Article

Forthnet FY 2016 net loss shrinks at 23.8 million euros
Friday, 28 Apr 2017 03:57am EDT 

April 28 (Reuters) - Forthnet SA FORR.AT::FY 2016 turnover at 320.9 million euros ($349.33 million) versus 349.7 million euros year ago.FY 2016 net loss at 23.8 million euros versus loss of 53.9 million euros year ago.Net cash on Dec. 31, 2016 at 4.9 million euros versus 6.7 million euros year ago.FY 2016 EBITDA at 54.8 million euros versus 48.2 million euros year ago.  Full Article

Forthnet H1 turnover down at EUR 165.5 mln
Monday, 29 Aug 2016 11:23am EDT 

Forthnet SA : H1 turnover 165.5 million euros ($184.90 million) versus 182.8 million euros year ago . H1 EBITDA 26.8 million euros versus 26.9 million euros year ago .Approves issuance of convertible bond of 99 million euros.  Full Article

Malta's EITL stake in Forthnet reaches 45.2 pct
Friday, 29 Jul 2016 03:19am EDT 

Forthnet SA :Says Emirates International Telecommunications (EITL) stake in the company reached 45.2 percent.  Full Article

BRIEF-Forthnet to start trading 24,684 new common shares

* 24,684 NEW COMMON SHARES OF NOMINAL VALUE 0.30 € EACH TO START TRADING ON STOCK EXCHANGE ON OCT.17