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Semperit Holding AG (SMPV.VI)

SMPV.VI on Vienna Stock Exchange

25.28EUR
7 Dec 2016
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Fri, Nov 25 2016

Semperit says dispute with Thai unit hurting glove business, expansion

BANGKOK, Nov 25 Semperit Holding AG said a legal dispute with its partner Sri Trang Agro-Industry Pcl in top rubber producer Thailand had dented operations at the Austrian firm's glove unit and hurt its expansion plans in the Asian country.

BRIEF-Semperit Holding says fire broke out in Malaysian production site

* In the evening of 23 November 2016 (local time), a fire broke out in Malaysian production site of examination and protective gloves (latexx partners)

BRIEF-Semperit Holding 9-month EBITDA down 4.2 pct at 72.2 mln euros

* In first three quarters of 2016, group's revenue was at 647.6 million euros ($691.96 million), 6.4 pct below prior-year value of 692.1 million euros

BRIEF-Semperit Holding issued Corporate Schuldschein Loans worth more than EUR140 mln

* Issued Corporate Schuldschein Loans totalling more than 140 million euros ($154.81 million)

BRIEF-Semperit Holding says Chief Information Officer Declan Daly terminates board activity

* Chief information officer Declan Daly terminates board activity with semperit

BRIEF-Semperit warns on 2016 earnings, plans cost cuts

* Says operational results of 2016 will be well below results in 2015

BRIEF-Semperit Holding H1 EBIT stable at EUR 36.2 million

* H1 EBIT was stable in comparison with previous year at 36.2 million euros ($40.93 million) (after 36.2 million euros)

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