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ElringKlinger AG (ZILGn.DE)

ZILGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

ElringKlinger: Klaus Eberhardt nominated new chairman of supervisory board
9:16am EDT 

ElringKlinger AG : Change at the helm of the supervisory board of ElringKlinger . Walter H. Lechler, long-standing chairman of supervisory board, to step down from his post at end of Annual General Meeting on May 16 and vacate supervisory board . Klaus Eberhardt nominated as new chairman of supervisory board .Contracts of management board members Stefan Wolf and Theo Becker extended by five years.  Full Article

ElringKlinger: chairman of supervisory board to stand down
5:48am EDT 

ElringKlinger AG : Change to supervisory board of Elringklinger .Chairman of supervisory board, Walter H. Lechler, to stand down from his post at end of AGM on May 16, 2017.  Full Article

ElringKlinger FY revenue up 3.3 pct at 1.56 billion euros
Tuesday, 28 Feb 2017 01:29am EST 

ElringKlinger AG : Announces preliminary results for fiscal 2016: revenue up, earnings before interest and taxes at prior-year level . FY revenue rose 3.3 percent to 1.557 billion euros ($1.65 billion) . FY EBIT before purchase price allocation on a par with previous year at 140.4 million euros .FY revenue up by 3.3 pct to 1,557 million euros, organically by 4.7 pct.  Full Article

ElringKlinger receives order from U.S. car maker
Wednesday, 30 Nov 2016 08:12am EST 

ElringKlinger AG : Receives a major lightweight contract from U.S. market . Order from an U.S. car maker for supply of cockpit cross-car beams . Establishment of new production site in close proximity to customer - start of production planned for 2017 .Order represents triple-digit million euro volume over five years.  Full Article

ElringKlinger Q3 revenue up at 374.2 mln euros
Tuesday, 8 Nov 2016 01:37am EST 

ElringKlinger AG : Q3 ($413.27 million) . Q3 EBIT before purchase price allocation down year on year at 32.6 million euros . Net finance result for Q3 was slightly better (+2.0 million euros) than for same period a year ago . Q3 earnings per share stood at 0.30 euros, only slightly down on prior-year figure of 0.32 euros .Outlook for FY 2016 put in more precise terms: EBIT pre PPA more likely to be at lower end of 140 million to 150 million euros range targeted by group.  Full Article

ElringKlinger eyes light weight component orders from 2017
Thursday, 4 Aug 2016 04:59am EDT 

ElringKlinger CEO : Says currently have order potential for light weight components worth 300-500 million eur . Says order potential for light weight components could be booked from 2017 to 2019 Further company coverage: [ZILGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

ElringKlinger confirms FY guidance given end of July
Thursday, 4 Aug 2016 01:38am EDT 

ElringKlinger AG : Records organic growth of 5.6 percent in second quarter of 2016 . Q2 revenue rose 2.9 percent to 391 million euros ($435.50 million) .Guidance for FY 2016: 5 percent to 7 percent organic revenue growth and EBIT pre PPA of 140 million to 150 million euros expected.  Full Article

ElringKlinger prelim Q2 revenue up at 390.9 mln euros
Thursday, 21 Jul 2016 11:34am EDT 

ElringKlinger AG : ElringKlinger's preliminary quarterly results point to sustained growth without advancement in earnings . Q2 revenue rose 2.9 percent to 390.9 million euros ($429.91 million) . Adjustment to guidance for 2016: EBIT before purchase price allocation expected to be 140 mln to 150 million euros; revenue target unchanged at 5 to 7% organic growth . At 36.2 million euros, second-quarter EBIT before purchase price allocation was down by 3.4 million euros on figure recorded in same quarter a year ago .ElringKlinger's medium-term outlook remains unchanged.  Full Article

ElringKlinger acquires tool- and die-making specialist
Tuesday, 14 Jun 2016 08:09am EDT 

ElringKlinger AG : Acquires tool- and die-making specialist, Maier Formenbau GmbH .Takeover as part of asset deal effective from June 1, 2016.  Full Article

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