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Ferrum SA (HUFEEUR.STp)

HUFEEUR.STp on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ferrum Q1 net result swings to profit of 1.5 million zlotys
Tuesday, 30 May 2017 12:02pm EDT 

May 30 (Reuters) - Ferrum SA ::Q1 REVENUE 73.2 MILLION ZLOTYS VERSUS 60.1 MILLION ZLOTYS YEAR AGO.Q1 NET PROFIT 1.5 MILLION ZLOTYS VERSUS LOSS OF 1.6 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT 3.1 MILLION ZLOTYS VERSUS 436,000 ZLOTYS YEAR AGO.  Full Article

Ferrum signs package of contracts for 350,000 euros net
Monday, 29 May 2017 08:45am EDT 

May 29 (Reuters) - FERRUM SA ::SIGNS PACKAGE OF CONTRACTS FOR 350,000 EUROS NET FOR DELIVERY OF BLACK STEEL PIPES WITH COMPANIES FROM LOGSTOR GROUP.  Full Article

Ferrum signs investment agreement
Thursday, 18 May 2017 07:02am EDT 

May 18(Reuters) - FERRUM SA ::SAID ON WEDNESDAY THAT IT SIGNED AN INVESTMENT AGREEMENT CONCERNING INVESTMENT PROJECT WITH FUNDUSZ INWESTYCJI POLSKICH PRZEDSIEBIORSTW FIZ AN, ROCKFORD SP. Z O.O., ZAKLAD KONSTRUKCJI SPAWANYCH FERRUM SA (ZKS FERRUM) .THE PROJECT IS TO PURCHASE AND LAUNCH A PRODUCTION LINE FOR SPIRALLY WELDED PIPES.ROCKFORD IS RESPONSIBLE FOR PURCHASES OF THE LINE AND FINANCING OF THE INVESTMENT.THE INVESTMENT WILL ALLOW FOR ADDITIONAL CAPACITY WHAT COMBINED WITH HIGHER MARGINS IS TO STRENGTHEN COMPANY'S FINANCIAL POSITION.  Full Article

Ferrum Q1 prelim. net profit at about 1.5 mln zlotys
Thursday, 4 May 2017 10:23am EDT 

May 4 (Reuters) - Ferrum SA ::Q1 prelim. revenue at about 73.2 million zlotys ($259,545).Q1 prelim. net profit at about 1.5 million zlotys.Q1 prelim. operating profit at about 3.1 million zlotys.  Full Article

Ferrum shareholders to vote on issue of series F shares
Thursday, 4 May 2017 10:06am EDT 

May 4 (Reuters) - Ferrum SA ::Its shareholders to vote on May 31 on capital increase via issue up to 24.5 million series F shares of nominal value of 3.09 zloty per share .Series F shares to be offered via private subscription and with pre-emptive rights .  Full Article

Ferrum FY 2016 net result turns to profit of 780,000 zlotys yoy
Tuesday, 2 May 2017 04:31am EDT 

May 2 (Reuters) - Ferrum SA ::Said on Friday that it reported FY 2016 revenue of 308.8 million zlotys ($79.9 million) versus 311.4 million zlotys a year ago.FY 2016 operating profit was 6.4 million zlotys versus loss of 52.0 million zlotys a year ago.FY 2016 net profit was 780,000 zlotys versus loss of 49.7 million zlotys a year ago.  Full Article

Ferrum appoints new CEO and deputy CEO for finance, restructuring
Thursday, 13 Apr 2017 11:35am EDT 

Ferrum SA : Krzysztof Kasprzycki has been appointed the company's new CEO .Grzegorz Kowalik has been named Ferrum's deputy CEO for finance and restructuring.  Full Article

Ferrum unit receives 1.7 million euro net deal
Tuesday, 28 Mar 2017 10:55am EDT 

Ferrum Sa :Its unit, ZKS FERRUM SA, receives a 1.7 million euro ($1.85 million) net deal.  Full Article

Konrad Miterski dismissed as Ferrum's CEO
Thursday, 16 Mar 2017 11:58am EDT 

Ferrum SA :Konrad Miterski has been dismissed as the company's CEO.  Full Article

Ferrum chairman steps down
Wednesday, 8 Mar 2017 09:28am EST 

Ferrum SA :Chairman of its supervisory board, Bogusław Leśnodorski, has resigned effective as of March 8.  Full Article

BRIEF-Ferrum PCL CEO resigns

* Resignation of Prasit Srisuwan from the position of chief executive officer