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Westag & Getalit AG (WUGG.DE)

WUGG.DE on Xetra

23.40EUR
22 Sep 2017
Change (% chg)

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€23.40
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1,563
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€27.30
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€19.15

Latest Key Developments (Source: Significant Developments)

Westag & Getalit H1 net profit down at 3.1 million euros
Wednesday, 26 Jul 2017 09:57am EDT 

July 26 (Reuters) - WESTAG & GETALIT AG ::GROUP SALES REVENUES AND EARNINGS BELOW PRIOR YEAR IN H1 2017.‍SALES REVENUES OF EUR 117.8 MILLION IN FIRST HALF OF 2017, DOWN BY -0.9% ON PREVIOUS YEAR​.‍H1 EARNINGS BEFORE TAXES OF EUR 4.5 MILLION, WHICH WAS CLEARLY BELOW PREVIOUS YEAR'S EUR 5.4 MILLION​.‍NET PROFIT FOR H1 DECLINED TO EUR 3.1 MILLION (PREVIOUS YEAR: EUR 3.8 MILLION)​.‍CONTINUES TO ASSUME THAT BOTH DIVISIONS WILL ACHIEVE A SLIGHT INCREASE IN SALES REVENUES FOR FULL YEAR​.‍CONSOLIDATED EARNINGS FOR FULL YEAR ARE EXPECTED TO COME IN BELOW PREVIOUS YEAR'S LEVEL​.  Full Article

Westag & Getalit Q1 net profit declined to EUR 1.5 mln
Wednesday, 26 Apr 2017 11:01am EDT 

April 26 (Reuters) - Westag & Getalit AG ::Group sales revenues and earnings slightly below prior year in Q1 2017.Sales revenues of 59.7 million euros ($64.92 million) in Q1 of 2017. Slight 1.0 percent decline from prior year.Q1 consolidated earnings before taxes amounted to 2.3 million euros, which was slightly below previous year's 2.4 million euros.Q1 net profit declined to 1.5 million euros (previous year: 1.6 million euros).In spite of a moderate start to year, outlook for coming months remains positive.Continues to expect a positive market environment for 2017.Objective is to achieve a slight increase in sales revenues in both operating divisions in full fiscal year in spite of subdued start into 2017.Expects earnings to reach previous year's level in fiscal year 2017.  Full Article

Westag & Getalit FY net profit up to 7.6 million euros
Wednesday, 29 Mar 2017 08:33am EDT 

Westag & Getalit AG : Sales and earnings growth in 2016; management board and supervisory board propose payment of an increased dividend of 1.00 euro per preference share and of 0.94 euro per ordinary share . FY consolidated sales revenues by 2.8 percent to 233.0 million euros ($250.57 million)(previous year: 226.7 million euros) . Management board's objective is to achieve a slight increase in sales revenues in both operating divisions in full fiscal year in spite of subdued start into 2017 . FY consolidated earnings before taxes amounted to 10.5 million euros in 2016 and were hence clearly up on previous year's 8.6 million euros, with both operating divisions generating higher earnings . FY consolidated net profit developed in line with earnings before taxes and reached 7.6 million euros (previous year: 6.3 million euros) .Depending on development of main expense items, company expects earnings to reach previous year's level in fiscal year 2017.  Full Article

Westag & Getalit continues to buy back own shares
Thursday, 15 Dec 2016 11:39am EST 

Westag & Getalit AG : Continues to buy back own shares . Will continue buyback of own preference shares representing up to 10% of current share capital beyond Dec. 31, 2016, to Dec. 31, 2017 .At no time may purchased shares, together with other own shares, constitute more than 10% of share capital.  Full Article

Westag & Getalit H1 sales revenues up 5.7 pct at 118.8 mln euros
Tuesday, 26 Jul 2016 06:36am EDT 

Westag & Getalit Ag : H1 earnings before income tax increased by 7.3 pct from 5.1 million euros as at June 30, 2015 to 5.4 million euros ($5.94 million) . Expects sales trend in year to date to continue until end of year . On this basis, management board also believes that earnings will continue to show a positive trend. . Sales revenues and earnings pick up in H1 2016 .Increased its sales revenues by 5.7 pct to 118.8 million euros in first half of 2016 (previous year: 112.4 million euros).  Full Article

Westag & Getalit starts buying back own shares
Tuesday, 3 May 2016 10:28am EDT 

Westag & Getalit AG:Starts buying back own shares.To purchase own preference shares representing up to 10 pct of current share capital between May 9, 2016 and Dec. 31, 2016.  Full Article

Westag & Getalit comments on FY 2016 guidance
Monday, 25 Apr 2016 06:09am EDT 

Westag & Getalit AG:Projects a moderate increase in sales revenues and earnings for 2016.FY 2015 reported sales revenues 225.4 million euros.FY 2015 reported net profit 5.9 million euros.  Full Article

Westag & Getalit gives FY 2016 outlook, to propose dividend
Tuesday, 29 Mar 2016 11:28am EDT 

Westag & Getalit AG:Company projects slightly higher sales revenues and earnings for FY 2016.FY 2015 reported sales revenues 225.4 million euros.FY 2015 reported net profit 5.9 million euros.Will propose a dividend of 0.80 euro per preference share and of 0.74 euro per ordinary share.  Full Article

Westag & Getalit comments on Q4 2015 outlook
Friday, 23 Oct 2015 04:03am EDT 

Westag & Getalit AG:Order book suggests a positive and improved revenues and earnings trend for Q4 2015 compared to prior year.  Full Article