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Inapa Investimentos Participacoes e Gestao SA (INA.LS)

INA.LS on Lisbon Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Inapa FY net loss widens to 2.2 millon euros
Friday, 24 Mar 2017 01:53pm EDT 

Inapa SA : FY net loss 2.2 million euros ($2.4 million) versus loss 0.4 million euros year ago . FY sales 849.8 million euros versus 881.3 million euros year ago . FY recurring EBITDA 22.0 million euros versus 23.2 million euros year ago .Says net debt 290.7 million euros at end-2016 versus 310.9 million euros at end-2015.  Full Article

Inapa buys French packaging company Embaltec
Wednesday, 30 Nov 2016 02:01am EST 

Inapa Investimentos Participacoes e Gestao SA : Said on Tuesday that through its unit, Inapa Packaging France, it had acquired Embaltec SAS, a French company operating in the packaging segment .This operation is part of the strategic plan of the company approved for the three-year period of 2016-2018, where growth in the packaging sector is one of the priorities.  Full Article

Inapa signs letter of intent to acquire France's Papyrus
Monday, 19 Sep 2016 02:54am EDT 

Inapa SA : Presents to French Competition Authority a request for assessment of possible acquisition of Papyrus . Begins preliminary discussions with Papyrus about full take over and signed a non-binding letter of intent .Says Papyrus is involved in paper distribution in France and reached turnover of 156.5 million euros ($174.67 million) in 2015.  Full Article

Inapa Q1 net profit falls to 0.4 million euros
Thursday, 19 May 2016 12:49pm EDT 

Inapa Investimentos Participacoes e Gestao SA : Q1 net profit 0.4 million euros ($448,200) versus 1.6 million euros year ago . Q1 sales 215.8 million euros versus 226.3 million euros year ago .Q1 recurrent EBITDA 5.4 million euros versus 7.2 million euros year ago.  Full Article