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SHW AG (SW1.F)

SW1.F on Frankfurt Stock Exchange

33.10EUR
19 May 2017
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Latest Key Developments (Source: Significant Developments)

SHW sees group sales in a range of EUR 620-650 million up until 2020
Wednesday, 10 May 2017 02:47am EDT 

May 10 (Reuters) - SHW AG ::ANNUAL GENERAL MEETING RESOLVES DIVIDEND PAYMENT OF EUR 1.00 PER SHARE.SIGNIFICANT IMPROVEMENT IN SALES AND MARGINS FROM 2018 ONWARDS.GROUP SALES ARE TO BE INCREASED IN A RANGE OF EUR 620 MILLION TO EUR 650 MILLION IN PERIOD UP UNTIL 2020.EBITDA MARGIN SHOULD INCREASE TO AT LEAST 12 PER CENT IN THE PERIOD UP UNTIL 2020.FOR 2017 IS PLANNING CAPITAL EXPENDITURE OF SLIGHTLY ABOVE 7 PERCENT OF GROUP'S SALES IN CONNECTION WITH ITS DEVELOPMENT OF NEW MARKETS IN CHINA, NORTH AMERICA AS WELL AS ESTABLISHMENT OF NEW PRODUCTION SITE IN ROMANIA.  Full Article

SHW AG: outlook for the full year 2017 confirmed
Wednesday, 3 May 2017 01:57am EDT 

May 3 (Reuters) - SHW AG ::In Q1 of 2017, at 104.3 million euros ($113.95 million) group sales were 2 percent lower than previous year's figure of 106.6 million euros.Q1 consolidated earnings before interest, tax and depreciation and amortisation (EBITDA) decreased by 6 percent, from 10.8 million euros to 10.1 million euros.Quarterly profit declined by just 0.3 million euros to 3.0 million euros (previous year 3.3 million euros).Outlook for the full year 2017 confirmed: sales in a range of 400 million to 420 million euros, EBITDA margin in a range of 10.0 percent to 11.0 percent.  Full Article

SHW FY sales down 12 pct at 405.8 million euros
Friday, 24 Mar 2017 02:24am EDT 

SHW AG : Dividend proposal: 1.00 euro per share . Significant improvement in sales and margins from 2018 . Based on expected economic and industry environment and while considering potential risks and opportunities, management board of SHW expects group sales of 400 million to 420 million euros in fiscal year 2017 . Expects an EBITDA margin of 10.0 percent to 11.0 percent (previous year 10.7 percent) for fiscal year 2017 as a whole . FY group sales came to 405.8 million euros ($436.92 million)and were thereby down by 12 percent (previous year 463.5 million euros) . From 2018 onwards, company once again expects a significant increase in sales and earnings . Within scope of its "SHW 2020" strategy, sales are to be increased to 620 million to 650 million euros in period up until 2020 . At 43.6 million euros, FY EBITDA adjusted were slightly higher than previous year's result of 43.5 million euros . From 2018 company plans to reduce capital expenditure to a level of between approx. 5 and 6 per cent of group sales .FY groups' net profit declined by almost 11 per cent to 12.8 million euros (previous year 14.4 million euros) due to higher depreciation.  Full Article

SHW says FY net profit down at 12.8 mln euros
Monday, 27 Feb 2017 01:19am EST 

SHW AG : EBITDA margin improved to 10.7 per cent in the fiscal year 2016 . FY net profit fell 11 percent to 12.8 million euros ($13.52 million) . FY sales fell 12 percent to 406 million euros . Dividend 1.00 euros er share . Expects group sales of between 400 million and 420 million euros in fiscal year 2017. .From 2018 onwards, company once again expects a significant increase in sales and earnings..  Full Article

Sterling Strategic Value may hike SHW stake, influence appointments
Tuesday, 7 Feb 2017 10:41am EST 

SHW AG said: Sterling Strategic Value Fund S.A. says it may obtain further voting rights in SHW . Says Sterling may seek to influence appointments to administrative, managing and supervisory bodies of SHW .Says Sterling has no plans to change ratio of equity and debt financing, but reserves right to influence dividend policy.  Full Article

SHW AG: supplementary contract for Bad Schussenried site
Thursday, 15 Dec 2016 08:26am EST 

SHW AG : Supplementary contract for the Bad Schussenried site . Contract takes effect on Jan. 1, 2017 and regulates until the end of 2022 the conditions to strengthen the competitiveness of Bad Schussenried .Within agreement, SHW Automotive GmbH to undertake additional investments of at least 9 million euros ($9.38 million) for development of site as a competence center for electric transmission oil pumps.  Full Article

SHW AG: unit SHW Automotive receives major order
Friday, 30 Sep 2016 04:51am EDT 

SHW AG : SHW Automotive GmbH, a wholly owned subsidiary of SHW AG, receives first major order from world's leading manufacturer of fully electric vehicles .New order with a lifetime sales volume of approx. 100 million euros ($111.86 million).  Full Article

SHW says Martin Simon appointed as Chief Financial Officer
Wednesday, 31 Aug 2016 01:25am EDT 

SHW AG : Martin Simon appointed as Chief Financial Officer .Appointed martin simon as chief financial officer with effect from Sept. 1, 2016.  Full Article

SHW AG cuts 2016 sales outlook, keeps oper profit outlook
Tuesday, 26 Jul 2016 01:33pm EDT 

Shw Ag : Continues to expect a year- on-year improvement in operating earnings margin and adjusted ebitda at lower end of predicted eur 43 million to eur 47 million range in 2016 . adhoc: shw ag: reduction of sales forecast for 2016 - operating profit for the year still within target range . Now expects group sales of between eur 410 million and eur 430 million for 2016 and 2017 (previously eur 440 million to eur 460 million each . Confident of achieving 2020 sales target of eur 630 million to eur 660 million as well as an ebitda margin of at least 12 per cent Further company coverage: [SW1.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

SHW comments on FY 2016 outlook
Tuesday, 3 May 2016 01:53am EDT 

SHW AG:For FY 2016, company continues to expect adjusted EBITDA of between 43 million euros and 47 million euros.Expects group sales of between 440 million euros and 460 million euros for FY 2016.FY 2016 revenue estimate 442.24 million euros - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-SHW sees group sales in a range of EUR 620-650 million up until 2020

* ANNUAL GENERAL MEETING RESOLVES DIVIDEND PAYMENT OF EUR 1.00 PER SHARE