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Valmieras Stikla Skiedra AS (VSS1R.RI)

VSS1R.RI on Riga Stock Exchange

3.69EUR
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Valmieras stikla skiedra h1 2017 net profit up to EUR 5.59 mln
Friday, 28 Jul 2017 02:06am EDT 

July 28 (Reuters) - VALMIERAS STIKLA SKIEDRA AS ::SAYS H1 2017 NET SALES REACHED EUR 69.11 MILLION INCREASED BY 2.41 MILLION EURO, OR 3.6%, COMPARED TO SAME PERIOD IN 2016.SAYS EBITDA GREW BY 28% OR 2.6 MILLION EURO, COMPARED TO FIRST HALF OF 2016, REACHING 11.7 MILLION EURO.SAYS H1 NET PROFIT REACHED 5.59 MILLION EURO, WHICH IS A 2.4 MILLION EURO YEAR-ON-YEAR GROWTH.  Full Article

Valmieras says Stefan Jugel will be taking over as CFO and Vice President of the group
Thursday, 13 Jul 2017 01:51am EDT 

July 13 (Reuters) - VALMIERAS STIKLA SKIEDRA AS ::SAYS STEFAN JUGEL WILL BE TAKING OVER FROM DAINIS SENBERGS AS CFO AND VICE PRESIDENT OF VALMIERA GLASS GROUP EFFECT FROM AUGUST 1, 2017.DAINIS SENBERGS IS STEPPING DOWN FROM BOARD OF DIRECTORS FOR PERSONAL REASONS.  Full Article

Valmieras Stikla Skiedra Q1 net profit up at EUR 2.36 mln
Friday, 28 Apr 2017 11:08am EDT 

April 28 (Reuters) - Valmieras Stikla Skiedra AS ::Consolidated net turnover of company and its units in three months of this year reached 35.7 million euros ($38.91 million).Says group's EBITDA grew by 13 percent or 667,000 euros, compared to Q1 in 2016, reaching 5.67 million euros.Group's unaudited consolidated net profit reached 2.36 million euro, which is a 296,000 euro year-on-year growth.  Full Article

Valmieras stikla šķiedra: loan of EUR 50.4 mln acquired for expansion project of US plant
Monday, 3 Apr 2017 02:19am EDT 

Valmieras Stikla Skiedra AS : A loan of 50.4 million euros ($53.78 million) acquired for the expansion project of the US plant . It is planned that Valmieras Stikla Šķiedra JSC will repay loan till March 2024, starting from October 1, 2018 .Loan agreement is secured by all companies of group.  Full Article

Valmieras says chairman of the audit committee, announces his resignation
Wednesday, 15 Mar 2017 10:07am EDT 

Valmieras Stikla Skiedra AS :Says Florian Krome, Chairman of the audit committee, has provided a notice on leaving his position.  Full Article

Valmieras FY 2016 EBITDA up by 10 pct at 17.7 mln euros
Monday, 27 Feb 2017 10:30am EST 

Valmieras Stikla Skiedra AS : FY 2016 sales at 124.3 million euros ($131.77 million) 2.6 percent higher versus last year . FY 2016 net profit at 5.09 million euros 0.39 percent higher versus last year . FY 2016 EBITDA at 17.7 million euros 10 percent higher versus last year .Predicts that the group’s consolidated net sales in 2017 will reach 135 million euros to 142 million euros.  Full Article

Valmieras Stikla Skiedra 9 months net profit down 32 pct y/y
Friday, 28 Oct 2016 09:25am EDT 

Valmieras Stikla Skiedra AS : In first 9 months of 2016, consolidated net turnover reached 98.89 million euros ($108.02 million), thus repeating indicator reached in corresponding period in 2015 .Net profit has reached 4.5 million euros within first three quarters of this year and is 32% less than profit reached in corresponding period last year.  Full Article

Valmieras Stikla Skiedra H1 net profit down at EUR 3.2 mln
Friday, 29 Jul 2016 09:41am EDT 

Valmieras Stikla Skiedra AS : Forecasts that at end of 2016 company will exceed consolidated net turnover record number achieved in 2015 . H1 consolidated net turnover 66.7 million euros ($74.38 million), down 2.6 percent versus year ago .H1 net profit 3.2 million euros versus 5.0 million euros year ago.  Full Article

Valmieras Stikla Skiedra pays FY 2015 dividend EUR 0.069 per share
Thursday, 12 May 2016 08:00pm EDT 

Valmieras Stikla Skiedra AS :Pays fy 2015 dividend of 0.069 euro ($0.0780) per share.  Full Article

Valmieras Stikla Skiedra AS: Start of construction on Valmiera Glass USA Corp. plant
Tuesday, 10 May 2016 03:42am EDT 

Valmieras Stikla Skiedra AS : Start of construction on new Valmiera Glass USA corp. plant is planned for June 1 and will finish by June 2017 . Start of manufacturing is planned for October 2017 .The second phase of the group’s growth plan represents creation of an additional 425 jobs by 2022.  Full Article