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Applus Services SA (APPS.MC)

APPS.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Applus reports 9-month adj EBITDA of 140.2 mln euros
Tuesday, 31 Oct 2017 03:00am EDT 

Oct 31 (Reuters) - APPLUS SERVICES SA ::9-MONTH ADJUSTED PROFIT BEFORE TAX 89.1 MILLION EUROS VERSUS 90.9 MILLION EUROS YEAR AGO.9-MONTH ADJUSTED REVENUE 1.19 BILLION EUROS VERSUS 1.19 BILLION EUROS YEAR AGO.9-MONTH ADJUSTED EBITDA 140.2 MILLION EUROS VERSUS 141.9 MILLION EUROS YEAR AGO.SAYS PERFORMANCE IS IN-LINE WITH THE GUIDANCE FOR THE FULL YEAR‍​.EXPECTS FLAT ORGANIC REVENUE AT CONSTANT EXCHANGE RATES, FLAT ADJUSTED OPERATING PROFIT MARGIN IN 2017.  Full Article

Applus board agrees to relocate its registered office to Madrid
Wednesday, 11 Oct 2017 12:47pm EDT 

Oct 11 (Reuters) - APPLUS SERVICES SA ::SAYS BOARD AGREES TO CHANGE ITS REGISTERED OFFICE TO MADRID.SAYS DECISION WAS ADOPTED IN ORDER TO MAINTAIN NORMAL OPERATIONS OF COMPANY AND TO PROTECT ITS INTERESTS.  Full Article

Applus sets issue price of new shares at 10.55 euros/shr
Thursday, 28 Sep 2017 02:06am EDT 

Sept 28 (Reuters) - APPLUS SERVICES SA ::SAID ON WEDNESDAY THAT FOLLOWING THE COMPLETION OF THE BOOK-BUILDING PROCESS THE ISSUE PRICE OF THE NEW SHARES SUBJECT TO THE CAPITAL INCREASE, HAD BEEN SET AT 10.55 EUROS PER SHARE.THE ISSUE PRICE CONSISTS OF THE NOMINAL VALUE OF 0.10 EURO PER SHARE AND THE SHARE PREMIUM OF 10.45 EUROS PER SHARE .CONSEQUENTLY, THE TOTAL GROSS PROCEEDS OF THE CAPITAL INCREASE TO AMOUNT TO 137.2 MILLION EUROS .  Full Article

Applus to buy majority stake in Inversiones Finisterre for 89 mln euros
Wednesday, 27 Sep 2017 11:39am EDT 

Sept 27 (Reuters) - Applus Services SA ::AGREES TO ACQUIRE MAJORITY STAKE IN INVERSIONES FINISTERRE FOR 89 MILLION EUROS.SAYS ACQUISITION IS EXPECTED TO BE FUNDED WITH 10 PERCENT EQUITY INCREASE THROUGH ACCELERATED BOOK BUILD OFFERING.SAYS IS PURCHASING OPERATIONS IN GALICIA AND COSTA RICA THAT IN 2017 ARE EXPECTED TO GENERATE 74 MILLION EUROS OF CONSOLIDATED REVENUE.SAYS AGREED PRICE OF ABOUT 89 MILLION EUROS IS FOR 80 PERCENT STAKE, AGREES TO ACQUIRE REMAINING 20 PERCENT AFTER JULY 2022 SUBJECT TO CERTAIN EVENTS.  Full Article

Applus H1 adjusted EBITDA down 1.2 pct at 93.9 mln euros YoY
Tuesday, 25 Jul 2017 02:00am EDT 

July 25 (Reuters) - APPLUS SERVICES SA ::H1 ADJUSTED NET PROFIT 40.2 MILLION EUROS VERSUS 41.4 MILLION EUROS YEAR AGO.H1 ADJUSTED EBITDA 93.9 MILLION EUROS VERSUS 95.0 MILLION EUROS YEAR AGO.H1 ADJUSTED REVENUE 789.3 MILLION EUROS VERSUS 783.7 MILLION EUROS YEAR AGO.GUIDANCE FOR THE YEAR REMAINS UNCHANGED.  Full Article

Applus Q1 adjusted profit before tax down 2.1 pct year on year
Tuesday, 9 May 2017 02:00am EDT 

May 9 (Reuters) - APPLUS SERVICES SA ::Q1 ADJUSTED EBITDA 37.4 MILLION EUROS VERSUS 38.2 MILLION EUROS YEAR AGO.Q1 ADJUSTED PROFIT BEFORE TAX 19.9 MILLION EUROS VERSUS 20.3 MILLION EUROS YEAR AGO.Q1 ADJUSTED REVENUE 377.5 MILLION EUROS VERSUS 376.3 MILLION EUROS YEAR AGO.SAYS MAINTAINS GUIDANCE FOR 2017.EXPECTS THE GROUP ORGANIC REVENUE AT CONSTANT EXCHANGE RATES AND ADJUSTED OPERATING PROFIT MARGIN TO BE APPROXIMATELY FLAT.  Full Article

Applus buys Italian testing laboratory, Emilab
Monday, 3 Apr 2017 09:03am EDT 

Applus Services SA :Buys Italy's Emilab, an electrical and electronics testing laboratory.  Full Article

Applus FY net profit down at 19.5 mln euros
Tuesday, 28 Feb 2017 01:59am EST 

Applus Services SA : FY net profit 19.5 million euros ($20.6 million) versus 38.2 million euros year ago . FY EBITDA 176.8 million euros versus 197.7 million euros year ago . FY revenue 1.59 billion euros versus 1.70 billion euros year ago . Sees FY 2017 organic revenue at constant exchange rates and adjusted operating income margin to remain in line with those obtained in 2016 .To propose dividend of 0.13 euro per share.  Full Article

Applus H1 adjusted net profit down at 41.4 mln euros
Tuesday, 26 Jul 2016 02:01am EDT 

Applus Services SA : H1 adjusted net profit 41.4 million euros ($45.6 million)versus 50.0 million euros year ago . H1 adjusted revenue 783.7 million euros versus 860.4 million euros year ago . H1 adjusted EBITDA 95.0 million euros versus 108.0 million euros year ago .Sees reduction of about 5 percent of organic revenue in 2016 at constant exchange rates and margins remain under pressure.  Full Article

Credit Suisse prices Applus+ at 7.85 euros per share
Thursday, 9 Jun 2016 01:33pm EDT 

Applus Services SA : Credit Suisse says prices share placement in Spanish testing and certification company Applus+ at 7.85 euros per share, a discount of around 2 percent to Thursday's closing price, to raise a total of 142.6 million euros ($161.4 million). . The investment bank earlier said it was placing 18 million shares on behalf of Carlyle investment vehicle Azul Holding, around 14 percent of the company's share capital. . Azul Holding will have no shares in the company following the placement, the bank said. Further company coverage: [APPS.MC] ($1 = 0.8837 euros) (Reporting By Sonya Dowsett; editing by Rodrigo de Miguel) ((sonya.dowsett@thomsonreuters.com;)).  Full Article