Edition:
United States

Resilux NV (RESI.BR)

RESI.BR on Brussels Stock Exchange

163.75EUR
26 May 2017
Change (% chg)

€0.80 (+0.49%)
Prev Close
€162.95
Open
€163.00
Day's High
€164.30
Day's Low
€163.00
Volume
1,519
Avg. Vol
4,249
52-wk High
€193.90
52-wk Low
€130.00

Latest Key Developments (Source: Significant Developments)

Resilux proposes capital reduction
Thursday, 18 May 2017 11:58am EDT 

May 18 (Reuters) - RESILUX NV ::HAS DECIDED ON 17 MAY 2017 TO CALL AN EXTRAORDINARY GENERAL MEETING ON 28 JUNE 2017 IN ORDER TO SUBMIT FOR APPROVAL THE TO RETURN TO THE SHAREHOLDERS EXCESS LIQUIDITY AND CAPITAL RESERVES OF RESILUX.PROPOSES TO RETURN TO SHAREHOLDERS EXCESS LIQUIDITY AND CAPITAL RESERVES OF RESILUX FOR TOTAL AMOUNT OF 33,005,218.00 € (OR 16.30€ PER SHARE) THROUGH A REDUCTION OF CAPITAL.IT IS EXPECTED TO COMPLETE THE CAPITAL REDUCTION AND THE PAYMENT THEREOF DURING THE MONTH OF SEPTEMBER 2017.  Full Article

Resilux acquires 100 pct of shares of Borverk Eurotrade doo Beograd
Friday, 31 Mar 2017 12:03pm EDT 

Resilux NV : Signs agreement to acquire 100 pct of the shares of the company Borverk Eurotrade doo Beograd, with production site located in Jabucje (Serbia) .Borverk allows co to further improve footprint in Central, East Europe and is complementary to the production units of co in Greece and Hungary.  Full Article

Bain Capital Private Equity is not proceeding with acquisition of Resilux
Tuesday, 28 Mar 2017 02:00am EDT 

Bain Capital Private Equity: Announces that it is not proceeding with the acquisition of Resilux . Has been notified by German anti-trust authority, that intended combined acquisition of Resilux NV and Petainer Topco Limited has not received clearance in phase I . Intended combined acquisition of Resilux NV and Petainer Topco Limited would need to proceed to a phase II review, which makes this transaction difficult to pursue Further company coverage: [RESI.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Resilux FY net profit up at 40.8 mln euros
Thursday, 9 Mar 2017 11:57am EST 

Resilux NV : FY turnover at 293.7 million euros ($310.7 million), + 1 percent versus year ago . FY adjusted operating result 25.8 million euros compared to 24.2 million euros for 2015 . FY net profit of 40.8 million euros or an increase of 22.9 million euros . On Bain Capital offer: board of Resilux reconfirms its intention to support the potential offer and the combination with the petainer group . Board of Directors has not yet decided on a proposal to the general meeting of shareholders regarding the distribution of a dividend . Resilux expects that the results for the full year of 2017, will be in line with the results for 2016, excluding the impact of the sale of the shares of joint venture Airolux AG .Expects in 2017 to invest 12.0-15.0 million euros, excluding buildings and special projects.  Full Article

Resilux H1 turnover 151.6 million euros, up 2 pct
Wednesday, 31 Aug 2016 12:12pm EDT 

Resilux Nv : H1 turnover 151.6 million euros ($168.93 million), up 2 pct year on year . H1 EBITDA 43.1 million euros versus 20.2 million euros year ago . H1 net income group share 51.8 million euros versus 6.8 million euros a year ago . Expects in the second half of 2016 to invest 8.0 million to 10.0 million euros, excluding buildings and special projects, in order to ensure sustainable and profitable growth .Expects that the results for the full year of 2016, excluding the impact of the sale of the shares of joint venture Airolux AG, will be higher than the results for 2015.  Full Article

Resilux transfers participation in Airolux JV
Tuesday, 26 Apr 2016 02:20am EDT 

Resilux NV:Transfers its participation in the joint venture Airolux and receives 62 million euros in cash.In return for the shares, ATG will pay a cash consideration to resilux of 25 million euros ultimately on May 13, 2016.In addition, ATG will remit by August 31, 2016 the full amount of +/- 37 million euros in cash that Resilux made available to the joint venture through shareholders loans.Says extra funds shall be re-invested in new projects that shall support the further growth of Resilux.  Full Article

Airopack Technology Group takes action to end joint venture with Resilux
Tuesday, 29 Mar 2016 02:00am EDT 

Airopack Technology Group AG:Takes action to end joint venture with Resilux.ATG, through its new strategic partnership, remains committed to unlocking growth potential of Airopack through further investments.Resilux's outstanding shareholder loans and financial debts to Airolux of around 37 million euros will have to be repaid as required by relevant agreements.  Full Article

Resilux takes note of ATG announcement to terminate JV
Wednesday, 6 Jan 2016 07:00pm EST 

Resilux NV:Takes note of ATG announcement that it wishes to terminate joint venture Airolux with Resilux‍​.Says will assess actions of ATG and will take appropriate decisions in due time.  Full Article

Resilux says Airopack Technology Group interested in acquiring its share in Airolux JV
Wednesday, 16 Dec 2015 07:00pm EST 

Resilux NV:Says it has taken note of the interest of Airopack Technology Group AG, its partner in the JV Airolux AG, to acquire its share in the JV.Resilux says, at present, the sale of its share in Airolux AG is not an issue.  Full Article

Resilux gives FY 2015 financial guidance
Friday, 28 Aug 2015 11:40am EDT 

Resilux NV:Expects for the full year of 2015 higher results for Resilux compared with results for 2014.Further positive evolution of the sales and results is expected regarding the joint venture Airolux.  Full Article

More From Around the Web

BRIEF-Resilux proposes capital reduction

* HAS DECIDED ON 17 MAY 2017 TO CALL AN EXTRAORDINARY GENERAL MEETING ON 28 JUNE 2017 IN ORDER TO SUBMIT FOR APPROVAL THE TO RETURN TO THE SHAREHOLDERS EXCESS LIQUIDITY AND CAPITAL RESERVES OF RESILUX