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Rapala VMC Corp (RAP1V.HE)

RAP1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Rapala VMC Q3 net sales down at EUR 59.4 mln
Friday, 28 Oct 2016 02:26am EDT 

Rapala VMC Corp : Q3 net sales 59.4 million euros versus 64.5 million euros year ago .Full year (FY) guidance unchanged from H1/2016: Full year net sales and comparable operating profit are expected to be below 2015 levels.  Full Article

Rapala and Shimano agree new distribution strategy for dynamite fishing baits in UK
Thursday, 1 Sep 2016 05:00am EDT 

Rapala Vmc Corp : Rapala VMC Corporation (Rapala) and Shimano Europe Fishing B.V (Shimano) agree new distribution strategy for dynamite fishing baits in the UK . UK distribution of Dynamite will come under control of Rapala and Dynamite Baits Ltd and Shimano will acquire back 50% of Shimano Normark UK Ltd from Rapala .Transaction will have no material impact on Rapala's financial result or financial position and have no impact outside of UK.  Full Article

Rapala VMC appoints Jussi Ristimäki as President and CEO
Friday, 22 Jul 2016 07:00am EDT 

Rapala VMC Corp : CEO Jorma Kasslin appointed as Executive Chairman of board .Jussi Ristimäki has been appointed as President and Chief Executive Officer.  Full Article

Rapala H1 operating profit down 18 pct at EUR 14.2 million
Friday, 22 Jul 2016 06:00am EDT 

Rapala VMC Corp : Q2 net sales 73.4 million euros versus 80.1 million euros year ago . H1 net sales 143.1 million euros, down 7 pct from previous year . H1 operating profit 14.2 million euros, down 18 pct . FY guidance unchanged from July 11: net sales and comparable operating profit to be below 2015 levels . Says slowdown in sales in western markets is considered to be temporary . Outlook for whole year is now more depressed than earlier .Says can't reach last year's results and it is difficult to accurately estimate future developments in these big markets.  Full Article

Rapala VMC updates 2016 outlook
Monday, 11 Jul 2016 09:00am EDT 

Rapala VMC Corporation : Rapala VMC Corporation has updated its full year outlook for 2016 .Full year net sales and comparable operating profit are now expected to be below 2015 levels, while previously they were expected to be above 2015 levels assuming comparable translation exchange rates.  Full Article

Rapala issues FY 2016 guidance, proposes EUR 0.15 per share as FY 2015 dividend
Tuesday, 9 Feb 2016 02:00am EST 

Rapala VMC Corp:Says dividend proposal for FY 2015 is 0.15 euro per share, 86 pct of earnings per share.Paid dividend of 0.20 euro per share for FY 2014.Expects FY 2016 net sales and comparable operating profit (excluding non-recurring items and mark-to-market valuations of operative currency derivatives) to be above 2015 levels.FY 2015 net sales were 278.2 million euros.FY 2016 revenue 284.25 million euros-Thomson Reuters I/B/E/S.  Full Article

Rapala maintains FY 2015 guidance
Thursday, 22 Oct 2015 07:01am EDT 

Rapala VMC Corp:FY 2015 guidance unchanged.Expects FY 2015 net sales and comparable operating profit (excluding non-recurring items and mark-to-market valuations of operative currency derivatives) to be above FY 2014 levels.Reported revenue of 273.20 million euros in FY 2014.FY 2015 revenue of 288.13 million euros-Thomson Reuters I/B/E/S.  Full Article

Rapala VMC Corp Full year guidance unchanged
Tuesday, 5 May 2015 07:01am EDT 

Rapala VMC Corp:Full year guidance unchanged - expects full year net sales and comparable operating profit (excluding non-recurring items and mark-to-market valuations of operative currency derivatives) to be above 2014 levels.  Full Article

Rapala VMC Corp proposes FY 2014 dividend of 0.20 euro per share and gives FY 2015 outlook
Friday, 13 Feb 2015 01:30am EST 

Rapala VMC Corp:Says FY 2014 dividend proposal 0.20 euro per share.Sees FY 2015 net sales and comparable operating profit (ex-items) to be above FY 2014 levels.Reported FY 2014 revenue of 273.20 million euros.FY 2015 revenue of 284.20 million euros - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Rapala VMC Q3 net sales down at EUR 59.4 mln

* Q3 net sales 59.4 million euros versus 64.5 million euros year ago