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Capital Stage AG (HWAG.F)

HWAG.F on Frankfurt Stock Exchange

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

Chorus Clean Energy receives squeeze-out request
Wednesday, 8 Mar 2017 06:19am EST 

Chorus Clean Energy AG : Receives request of the main shareholder Capital Stage AG to implement a squeeze-out procedure .The transfer resolution is to be adopted in the next ordinary general shareholders' meeting of CHORUS Clean Energy AG that will presumably be held mid-June 2017.  Full Article

Capital Stage acquires five solar parks in the south of Italy
Wednesday, 8 Mar 2017 03:42am EST 

Capital Stage AG : Acquires five solar parks in the south of Italy with total generation capacity of nearly 5.0 MW . Total investment volume, including debt financing on project level, amounts to approximately 19.5 million euros ($20.58 million) . Through its latest acquisition, capital stage group increases total generation capacity of its solar parks in italy to roughly 160 MW .Expects solar parks to generate revenues of more than 0.5 million euros in their first full operating year.  Full Article

Blue Elephant sells 5.4 mln Capital Stage shares at 6.25 eur
Tuesday, 7 Mar 2017 09:06pm EST 

Investment Firm Blue Elephant Placing Capital Stage : Shares down 6.5 percent due to share placement -traders . Shares placed at at 6.25 eur each, package worth around 5.5 million eur-traders . Berenberg says placed 5.4 mln Capital State shares at 6.25 eur each on behalf of investment firm Blue Elephant Further company coverage: [HWAG.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

Capital Stage is confident to achieve its earnings targets for 2016
Wednesday, 1 Mar 2017 01:53am EST 

Capital Stage AG :Said on Tuesday is confident to achieve its earnings targets for the financial year 2016 and expects the growth to be continued in the current year 2017.  Full Article

Capital Stage acquires additional 54,999 shares of Chorus Clean Energy
Tuesday, 28 Feb 2017 02:31pm EST 

Capital Stage Ag - : Acquires from institutional investor of Chorus Clean Energy Ag additional 54,999 shares of Chorus Clean Energy .Acquired additional shares of Chorus over stock exchange, Capital Stage will hold approx 95.0037 pct of the Chorus shares.  Full Article

Capital Stage confirms FY 2016 earnings forecast
Tuesday, 28 Feb 2017 04:25am EST 

Capital Stage AG : Management board affirms positive earnings forecast for 2016 financial year . Expects to close out 2016 financial year with operating earnings before interest and taxes (operating EBIT) of more than 60 million euros ($63.52 million) .Christoph Husmann, CFO of Capital Stage, "we also foresee a significant increase in operating earnings indicators for current 2017 financial year".  Full Article

Capital Stage AG announced forecast for the financial year 2017
Wednesday, 7 Dec 2016 02:08pm EST 

Capital Stage Ag : Announced forecast for the financial year 2017 . Management board projects 2017 sales revenues in excess of eur 200 million . Consolidated operating EBITDA expected to increase to over eur 150 million in 2017 . Operating earnings before interest and taxes (EBIT) should come in at over eur 90 million in 2017 . Currently reviewing several potential acquisitions and is in talks for further asset management mandates .2017 operating cash flow is expected to climb to over eur 140 million.  Full Article

Capital Stage 9-mth oper EBIT up 7 pct; adjusts FY forecast
Monday, 21 Nov 2016 05:34am EST 

Capital Stage AG : Preliminary operating nine-month figures 2016 and adjusted forecast for 2016 after takeover of Chorus Clean Energy AG . In the first 9 months of 2016 increased its revenues by about 14 percent to 107.5 million euros ($114.37 million) compared to same period of previous year (9 months 2015: 94.4 million euros) . Consolidated 9-month EBITDA rose from 76.3 million euros to 85.6 million euros (+12 percent) . 9-month operating EBIT rose 7 percent to 57 million euros . Adjusted guidance for 2016 including result of chorus . Expects revenues to increase to over 140 million euros in financial year 2016 . FY operating EBITDA expected to rise to more than 104 million euros . Sees FY ebit to increase to over 60 million euros .Indicated forecast values have been adjusted for one-off expenses in connection with takeover of Chorus by Capital Stage AG.  Full Article

Capital Stage says CEO Klaus-Dieter Maubach to resign
Friday, 18 Nov 2016 02:45am EST 

Capital Stage AG :Klaus-Dieter Maubach, CEO of Capital Stage will resign from management board with effect from 31 December 2016 at his own request due to personal and private reasons only.  Full Article

Capital Stage to expand French solar park portfolio
Thursday, 17 Nov 2016 07:24am EST 

Capital Stage AG : Capital Stage to expand its French solar park portfolio by over 60 MW until the end of 2017 . Financing signed today totals about 50 million euros ($53.69 million) and will be made available by French banking group Crédit Agricole .Revenue contributions made by new french parks should total roughly 6.2 million euros - starting with first full year of operation of each park.  Full Article

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BRIEF-Capital Stage acquires additional 54,999 shares of Chorus Clean Energy

* Acquires from institutional investor of Chorus Clean Energy Ag additional 54,999 shares of Chorus Clean Energy