Tires & Rubber Products

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Semperit AG Holding comments on FY 2014 and FY 2015 outlook

Thursday, 28 Aug 2014 08:00pm EDT

Semperit AG Holding:Aims to achieve EBITDA margin of between 12 pct and 15 pct and EBIT margin of between 8 pct and 11 pct for FY 2014.Aims to achieve double-digit revenue growth on average in years from 2010 to 2015 inclusive.

Ceat Ltd announces further issue of securities

Tuesday, 26 Aug 2014 03:02am EDT

Ceat Ltd:Says approved raising of an amount not exceeding 5.00 bln Indian Rupees.It is through further issue of securities including equity shares or Foreign Currency Convertible Bonds or American Depository Receipts or Global Depository Receipts or fully or partly convertible debentures, non convertible debentures, preference shares convertible into equity shares.

Semperit AG Holding reaffirms FY 2015 outlook

Tuesday, 19 Aug 2014 12:32am EDT

Semperit AG Holding:Reaffirms previous growth targets, namely to achieve double-digit revenue growth on average in years 2010 to 2015 inclusive.Still aims to achieve EBITDA margin of between 12 pct and 15 pct and EBIT margin of between 8 pct and 11 pct.

Halcyon Agri Corp Ltd announces acquisition of entire issued and paid-up share capital of New Continent Enterprises (private) Ltd

Tuesday, 12 Aug 2014 06:57pm EDT

Halcyon Agri Corp Ltd:Says along with subsidiary, Hevea Global Pte. Ltd., enters into a memorandum of agreement with Oei Hong Bie @ Ng Kim Tjing @ Hadi Widjaja and Hong Wan co. Ltd for acquisition of 41,000,000 ordinary shares representing entire issued and paid up share capital of New Continent Enterprises (Private) Ltd.DBS Bank Ltd. has been appointed as financial adviser to the company for the Proposed Acquisition.

R&I upgrades BRIDGESTONE CORP's rating to "AA" and announces stable rating outlook

Tuesday, 12 Aug 2014 02:05am EDT

BRIDGESTONE CORP:Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "AA" from "AA-".Rating outlook stable.

Toyo Tire & Rubber Co Ltd raises year-end dividend forecast for FY 2014

Sunday, 10 Aug 2014 10:00pm EDT

Toyo Tire & Rubber Co Ltd:Raised year-end dividend forecast to 40 yen per share from 30 yen per share for FY ending Dec. 2014.

Toyo Tire & Rubber Co Ltd amends consolidated full-year outlook for FY 2014

Sunday, 10 Aug 2014 10:00pm EDT

Toyo Tire & Rubber Co Ltd:Says the company affirmed the consolidated full-year outlook for revenue at 400,000 million yen for FY ending Dec. 2014.Operating profit forecast increased to 45,500 million yen from 40,000 million yen.Ordinary profit forecast increased to 41,500 million yen from 36,000 million yen.Net profit forecast increased to 28,000 million yen from 25,000 million yen.Earnings per share increased to 220.46 yen from 196.84 yen.FY 2014 revenues of 404.94 billion yen, reported net profit of 30.55 billion yen – Thomson Reuters I/B/E/S.Comments the improved sale composition of tire and decreased raw material price are the main reasons for the forecast.

Nokian Tyres plc reaffirms FY 2014 guidance

Friday, 8 Aug 2014 01:15am EDT

Nokian Tyres plc:Confirms the FY 2014 guidance, unchanged.Sees FY 2014 net sales and operating profit to decline compared to FY 2013.Company reported revenues of 1.521 bln euros and EBIT of 385.50 mln euros in FY 2013.FY 2014 revenues 1.479 bln euros - Thomson Reuters I/B/E/S.FY 2014 EBIT of 365.8 mln euros - Thomson Reuters I/B/E/S.

Yokohama Rubber Co Ltd amends consolidated full-year outlook for FY 2014

Friday, 8 Aug 2014 12:00am EDT

Yokohama Rubber Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast decreased to 635,000 million yen from 647,000 million yen.Confirmed the operating profit forecast at 63,000 million yen.Ordinary profit forecast increased to 60,000 million yen from 57,500 million yen.Net profit forecast increased to 42,000 million yen from 37,500 million yen.Earnings per share forecast increased to 129.97 yen from 116.04 yen.FY 2014 revenues of 638.42 billion yen, reported net profit of 38.91 billion yen – Thomson Reuters I/B/E/S.

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