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VTG AG (VT9G.DE)

VT9G.DE on Xetra

29.97EUR
12:34pm EDT
Change (% chg)

€-0.05 (-0.15%)
Prev Close
€30.01
Open
€29.93
Day's High
€30.00
Day's Low
€29.74
Volume
14,703
Avg. Vol
29,791
52-wk High
€32.40
52-wk Low
€24.00

Latest Key Developments (Source: Significant Developments)

VTG AG FY 2016 EBITDA up 2.6 pct to EUR 345.3 mln
Tuesday, 7 Mar 2017 01:30am EST 

VTG AG : FY 2016 sales down by 4.0 percent at 986.9 million euros ($1.04 billion) (previous year: 1,027.5 million euros) . FY 2016 EBITDA rose by 2.6 percent to 345.3 million euros (previous year: 336.5 million euros) . Plans to increase dividend from 0.50 euros to 0.75 euros per share .Sees FY 2017 slight increase in sales and a slight increase in EBITDA, despite the fact that a special profit from the previous year was canceled.  Full Article

VTG 9-mth net result up at 45.0 mln euros
Thursday, 17 Nov 2016 01:30am EST 

VTG : 9-month revenue at 742.0 million euros ($792.83 million)versus 764.1 million euros year ago . 9-month net result improves to 45.0 million euros, up 68 percent . 9-month EBITDA 255.9 million euros versus 255.5 million euros year ago .Confirms FY revenue and earnings forecast, revenue slightly below previous year’s level of 1.03 billion euros, EBITDA at bottom end of expected range of 345-355 million euros.  Full Article

VTG lowers 2016 guidance after weak H1
Tuesday, 30 Aug 2016 01:30am EDT 

VTG : Cuts 2016 sales guidance, says now sees FY sales slightly below year-earlier level of 1.03 billion eur . Says now sees 2016 EBITDA at bottom end of forecast range of 345-355 million eur . H1 sales down 3.7 percent at 493.3 million eur . H1 EBITDA down 1.3 percent at 165.8 million eur .H1 net profit up 48 percent at 26.7 million eur.  Full Article

WL Ross sells 20 pct of VTG AG, completing a EUR358 million divestiture
Friday, 20 May 2016 03:05am EDT 

Wl Ross & Co. Llc : Terms of transaction were not disclosed . Affiliate CEW Germany GMBH sold about 20 percent of outstanding shares in Vtg Aktiengesellschaft to Kuehne Holding AG .WL Ross & Co. sells 20 percent of VTG AG, completing a EUR358 million divestiture.  Full Article

VTG AG announces new major shareholders
Tuesday, 15 Mar 2016 11:05am EDT 

VTG AG:Announces two new major shareholders‍​.The Joachim Herz Stiftung in Hamburg has communicated that it will hold ten percent of company’s share capital and will thereby become the third largest shareholder‍​.Hamburg-Based bank M.M.Warburg & CO will hold five percent of VTG in the future.Purchase agreements will close shortly.  Full Article

VTG AG to propose FY 2015 dividend, gives FY 2016 outlook below analysts' estimates
Tuesday, 23 Feb 2016 01:30am EST 

VTG AG:Proposes dividend of 0.50 euros per share for 2015.Sees 2016 revenue of between 1.03 billion euros and 1.07 billion euros.Sees 2016 EBITDA of between 345 million euros and 355 million euros.FY 2016 revenue 1,065 million euros - Thomson Reuters I/B/E/S.FY 2016 EBITDA 361.23 million euros - Thomson Reuters I/B/E/S.  Full Article

VTG AG confirms FY 2015 forecast
Thursday, 19 Nov 2015 01:33am EST 

VTG AG:2015 forecast unchanged.Sees FY 2015 revenue of 1.0– 1.1 billion euros and EBITDA of 325 – 350 million euros.FY 2015 revenue estimate 1.05 billion euros - Thomson Reuters I/B/E/S.FY 2015 EBITDA estimate 341.06 million euros - Thomson Reuters I/B/E/S.  Full Article

VTG AG confirms FY 2015 outlook
Thursday, 21 May 2015 01:30am EDT 

VTG AG:Reaffirms forecast for FY 2015.Anticipates FY 2015 revenue for group in range of 1.0 billion euros and 1.1 billion euros and EBITDA of 325 million euros to 350 million euros.FY 2015 revenue estimate 1.05 billion euros - Thomson Reuters I/B/E/S.FY 2015 EBITDA estimate 337.27 million euros - Thomson Reuters I/B/E/S.  Full Article

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