Key Developments: Nuplex Industries Ltd (NPX.NZ)
2.96NZD
24 May 2013
$-0.03 (-1.00%)
$2.99
$2.98
$2.99
$2.96
262,883
443,568
$3.55
$2.16
Latest Key Developments (Source: Significant Developments)
Nuplex Industries Ltd Lowers FY 2013 EBITDA Guidance
Nuplex Industries Ltd expects Earnings before interest, tax, depreciation and amortisation (EBITDA) for fiscal 2013 are expected to be between $124 and $129 million. This compares with Nuplex’s previous guidance range of $135 to $140 million. Full Article
Nuplex Industries Ltd To Pay H1 2013 Dividend
Nuplex Industries Ltd announced that it will pay an interim dividend of NZD 0.10 per share for the first half of fiscal 2013. The record date is March 15, 2013 and the payment date is April 2, 2013. Full Article
Nuplex Industries Ltd Announces FY 2012 Final Dividend
Nuplex Industries Ltd announced a final dividend of NZD 0.11 per share for fiscal 2012. The record date is September 28, 2012 and the payment date is October 12, 2012. Full Article
Nuplex Industries Limited Announces USD 105 Million Notes Funding From Private Placement
Nuplex Industries Limited announced the raising comprises of USD 105 million of notes maturing in 2019 at a coupon rate of 6.125%. The funds raised via this transaction will be used to refinance the 12 month facility put in place to acquire Viverso's operations and related products on December 31, 2011. Full Article
Nuplex Industries Limited Announces H1 2012 Dividend
Nuplex Industries Limited announced an interim dividend of NZD 0.10 per share for the first half of fiscal 2012. The record date is March 19, 2012 and the dividend will be paid on April 2, 2012. Full Article
Nuplex Industries Limited Completes Acquisition Of Viverso GmbH
Nuplex Industries Limited announced that it has completed the acquisition of Viverso GmbH, its related operations and product groups from Bayer MaterialScience. Full Article
Nuplex Industries Limited Lowers FY 2012 EBITDA Guidance
Nuplex Industries Limited announced that it has lowered its FY 2012 Earnings Guidance to a level below estimates. FY2012 earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to be approximately 5 - 10% lower than previous guidance of AUD 131 million, which was approximately in line with EBITDA in the prior year. Full Article
Bayer AG’s Bayer MaterialScience Sells Viverso GmbH To Nuplex Industries Ltd
Bayer AG (Bayer) announced that it its subsidiary Bayer MaterialScience AG has signed a contract for the sale of its Viverso GmbH (Viverso) subsidiary to Nuplex Industries Ltd, for EUR 75 million. Bayer MaterialScience will thus divest a certain part of its conventional coating resins business. The transaction includes all associated plants and assets and selected product groups that Viverso currently manufactures for companies of Bayer MaterialScience under a toll manufacturing agreement. Also included in the sale are the Viverso, Roskydal, Alkydal, Tungophen and Resistherm brands. A total of 165 employees will be transferred with the business under the same conditions. The transaction is still subject to the approval by the relevant antitrust authorities and is expected to close by the end of the year. Full Article
Nuplex Industries Limited To Acquire Viverso GmbH; Issues FY 2012 EBITDA Guidance In Line With Analysts' Estimates
Nuplex Industries Limited announced that it has entered into a binding agreement to acquire Viverso GmbH (Viverso), its related operations and product groups from Bayer MaterialScience (BMS) for EUR 75 million. Viverso manufactures resins used in coatings and putties from its facility located in Bitterfeld, Germany. In addition, it also announced that for fiscal 2012, the Company expects EBITDA to to be approximately in-line with last year's EBITDA of NZD 130.9 million. According to I/B/E/S Estimates, analysts were expecting EBITDA of NZD 137 million for fiscal 2012. Full Article
Nuplex Industries Limited To Acquire Acquos's Masterbatch business-Complete Story
Nuplex Industries Limited announced that following regulatory clearance from the Australian Competition and Consumer Commission, it will proceed with the acquisition of Acquos's Masterbatch business for AUD 23.5 million. Acquos Masterbatch manufactures additives (known as masterbatch) that color and enhance the performance of plastics used in consumer packaging, as well as industrial and agricultural applications such as wire coatings and plastic sheeting. Full Article
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