Key Developments: Semperit AG Holding (SMPV.VI)

SMPV.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Semperit AG Holding aims to realign its Joint Venture in Thailand
Thursday, 17 Jul 2014 12:59pm EDT 

Semperit AG Holding:Is striving to achieve realignment of its 50/50 joint venture with Sri Trang Agro Industry Group (Sri Trang) of Thailand.Discussions with Sri Trang with respect to restructuring partnership between two companies have not led to results so far.Says recently, decisions regarding company's business practices, which were made by Board of Directors of Siam Sempermed Corporation (SSC), joint subsidiary of Semperit and Sri Trang, have been contested in Thai court by Non-Executive Director nominated by Sri Trang.Says Board of Semperit resolved to initiate all legal steps necessary to uphold Semperit's rights as shareholder in joint venture SSC.  Full Article

Semperit AG Holding reaffirms FY 2015 revenue outlook and confirms FY 2015 EBITDA and EBIT margins; to propose FY 2013 dividend and anniversary bonus
Thursday, 27 Mar 2014 02:00am EDT 

Semperit AG Holding:Expects continuation of current level of incoming orders and satisfactory development of revenue and earnings in FY 2014.Says however, no significant growth impetus is anticipated.Reaffirms its previous growth target of generating double-digit revenue growth on average in years from 2010 to 2015 inclusive.Still aims to achieve EBITDA margin of between 12 and 15 pct and EBIT margin of between 8 and 11 pct in coming years.FY 2013 revenue 906.3 million euros.FY 2015 revenue estimate 1,025 million euros - Thomson Reuters I/B/E/S.To propose distribution of increased basic dividend of 0.90 euro per share for FY 2013 (2012: 0.80 euro) to AGM along with one-time anniversary bonus of 0.30 euro per share to commemorate company's 190th year of operation.  Full Article

Semperit AG Holding expands its hose production in the Semperflex segment
Wednesday, 15 Jan 2014 04:14am EST 

Semperit AG Holding:Announces that it is expanding its hose production in the Semperflex segment.Says more than 10 million euros will be invested to raise capacity at the Semperflex Optimit plant in Odry, Czech Republic.Says investment program which is underway is designed to increase production capacity by about 30 percent by the second quarter of 2015.  Full Article

Semperit Holding AG Maintains Its Up To FY 2015 Guidance
Tuesday, 12 Nov 2013 01:03am EST 

Semperit Holding AG announced that it will achieve double-digit revenue growth on average in the years from 2010 to 2015 inclusive. The Semperit Group still aims to achieve an EBITDA margin of between 12% and 15% and an EBIT margin of between 8% and 11%.  Full Article

Semperit Holding AG's Sempertrans Receives Order from RWE
Monday, 21 Oct 2013 06:25am EDT 

Semperit Holding AG announced that its Sempertrans segment has been awarded a contract and will as a result become the primary conveyor belt supplier of the German utility company RWE. On the basis of a five-year contract, Sempertrans will cover more than half of RWE's entire steel cord conveyor belt requirements in the future. The new agreement, which takes effect as of January 1, 2014, stipulates an order volume of about EUR 100 million over the next five years based on RWE's needs in recent years.  Full Article

Semperit Holding AG Comments on Forecast Until FY 2015
Tuesday, 13 Aug 2013 01:00am EDT 

Semperit Holding AG announced that its growth target remains unchanged. On average, double-digit revenue growth should be achieved in the period between the fiscal year 2010 and the fiscal year 2015. The Group maintains its objective of achieving an EBITDA margin between 12% and 15% in the coming years, whereas the EBIT margin is expected to range between 8% and 11%.  Full Article

Semperit Holding AG Increases Stake in Latexx Partners Berhad to More Than 85%
Friday, 23 Nov 2012 12:17pm EST 

Semperit Holding AG (Semperit) announced that the offer period for all outstanding shares and warrants of Latexx Partners Berhad (Latexx Partners) closed on November 23, 2012. The offer was made via Semperit Investments Asia Pte Ltd, a wholly-owned subsidiary of Semperit. After the closure of the offer Semperit holds more than 85% of Latexx Partners on a diluted basis of 274.7 million shares (post potential exercise of all warrants) and more than 82% based on an undiluted basis of 222.7 million shares. Financial details were not disclosed.  Full Article

Semperit Holding AG Increases Stake in Latexx Partners Berhad
Wednesday, 21 Nov 2012 09:08am EST 

Semperit Holding AG (Semperit) announced that it has completed the acquisition of all shares and warrants of Mr. Low Bok Tek and certain shareholders. Semperit has secured a stake in Latexx Partners Berhad (Latexx Partners) of more than 83% on a diluted basis of 274.7 million shares (post potential exercise of all warrants) and more than 80% based on an undiluted basis of 222.7 million shares. Semperit intends to start the necessary steps for delisting as soon as practicable after the end of the offer period. The offer for all outstanding shares and warrants of Latexx Partners is being made via Semperit Investments Asia Pte Ltd, a wholly-owned subsidiary of Semperit. The offer period will end on November 23, 2012.  Full Article

Semperit Holding AG Confirms Outlook up to FY 2015
Tuesday, 13 Nov 2012 02:04am EST 

Semperit Holding AG announced that it has reconfirmed its multi-year growth targets, aiming for double-digit revenue growth on average in the period from the fiscal year 2010 through the fiscal year 2015 and simultaneously an EBIT margin of approximately 10%. For the fiscal year 2010 the Company reported revenue of EUR 689.40 million.  Full Article

Semperit Holding AG to Complete Acquisition of Latexx Partners Berhad
Friday, 9 Nov 2012 12:18pm EST 

Semperit AG Holding (Semperit) announced that the Austrian Federal Competition Authority and the German Federal Cartel Office have approved the acquisition of the Malaysian Latexx Partners Berhad (Latexx Partners). The acquisition is therefore no longer subject to any conditions precedent and may be completed. The same applies to the offer for all outstanding shares and warrants of Latexx Partners, which is being made via Semperit Investments Asia Pte Ltd, a wholly-owned subsidiary of Semperit. Up to and including November 9, 2012, Semperit has secured a stake of 70.2% in Latexx Partners based on a diluted basis of 274.7 million shares (post potential exercise of all warrants).  Full Article

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