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Carraro SpA (CARRA.MI)

CARRA.MI on Milan Stock Exchange

2.04EUR
10 Dec 2018
Change (% chg)

€-0.08 (-3.77%)
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€2.12
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Volume
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117,945
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Latest Key Developments (Source: Significant Developments)

Enertronica H1 Production Value Down At EUR 26.2 Mln, Sees Recovery In Turnover From 2019
Thursday, 22 Nov 2018 04:59pm EST 

Nov 23 (Reuters) - ENERTRONICA SpA ::REPORTED ON THURSDAY H1 PRODUCTION VALUE OF 26.2 MILLION EUROS VERSUS 45.4 MILLION EUROS A YEAR AGO.H1 NET LOSS WAS 6.5 MILLION EUROS VERSUS PROFIT OF 1.5 MILLION EUROS.H1 RESULT IMPACTED BY, AMONG OTHERS, CONSTRUCTION CONTRACT IN NEVADA WHICH RESULTED IN A LOSS OF C. 3.5 MILLION EUROS AND PERFORMANCE OF ENERTRONICA PANAMA nL8N1WA0PK.SIGNED WITH CARRARO SPA <<>> AND CARRARO INTERNATIONAL SE INVESTMENT CONTRACT FOR 4.1 MILLION EUROS CAPITAL INCREASE TO BE CARRIED OUT BY CONFERRING A 49 PCT STAKE IN ELETTRONICA SANTERNO TO ENERTRONICA SPA.BOARD APPROVED MERGER BY INCORPORATION OF UNIT ELETTRONICA SANTERNO SPA INTO ENERTRONICA SPA.MERGER WILL RESULT IN NEW GROUP STRUCTURE, CO WILL MOVE ITS REGISTERED OFFICE TO CASTEL GUELFO (BO) AT THE CURRENT HEADQUARTERS OF ELETTRONICA SANTERNO .AFTER MERGER CO WILL CHANGE ITS NAME TO ENERTRONICA SANTERNO SPA.CAPITAL INCREASE WILL BE EXECUTED IN 2018, WHILE THE MERGER WILL TAKE PLACE WITHIN THE FIRST FEW MONTHS OF 2019.AFTER CAPITAL INCREASE, NTS WILL HOLD A 30.09 PCT STAKE IN ENERTRONICA SPA WHILE THE CARRARO GROUP WILL HOLD A 27.86 PCT STAKE .APPROVED BUSINESS PLAN 2019-2022 .SEES RECOVERY IN TURNOVER FROM 2019.SEES FY 2018 TOTAL SALES OF 38 MILLION EUROS, FY 2019 TOTAL SALES OF 83 MILLION EUROS AND FY 2022 TOTAL SALES OF 144 MILLION EUROS.SEES FY 2018 EBITDA NEGATIVE OF 6.5 MILLION EUROS, FY 2019 EBITDA POSITIVE OF 7.1 MILLION EUROS AND FY 2022 POSITIVE OF 12.2 MILLION EUROS.  Full Article

Carraro 9M EBITDA Down At Eur 36.9 Mln
Friday, 26 Oct 2018 11:40am EDT 

Oct 26 (Reuters) - Carraro SpA ::9M TURNOVER EUR 467.9 MILLION VERSUS EUR 450.8 MILLION A YEAR AGO.9M EBITDA EUR 36.9 MILLION VERSUS EUR 43.0 MILLION YEAR AGO.  Full Article

Carraro Shareholder Julia Dora Koranyi Arduini Does Not Intend To Acquire Control
Tuesday, 15 May 2018 10:40am EDT 

May 15 (Reuters) - Carraro SpA ::WITH REFERENCE TO 27.1 PERCENT STAKE IN CARRARO, JULIA DORA KORANYI ARDUINI SAYS DOES NOT INTEND TO ACQUIRE CONTROL OVER COMPANY.JULIA DORA KORANYI ARDUINI SAYS DOES NOT INTEND TO EXERCISE INFLUENCE ON MANAGEMENT.  Full Article

Carraro: Mario Carraro And Finaid Commit To Cutting Their Voting Rights Below 47.27 Pct
Friday, 27 Apr 2018 11:35am EDT 

April 27 (Reuters) - Carraro SpA ::MARIO CARRARO AND FINAID COMMIT TO REDUCING THEIR VOTING RIGHTS BELOW THRESHOLD OF 47.27 PERCENT.COMMITMENT OF MARIO CARRARO AND FINAID FOLLOWS INCREASE IN VOTING RIGHTS FROM LOYALTY SHARE SCHEME.MARIO CARRARO AND FINAID WILL ALSO NOT EXERCISE VOTING RIGHTS ABOVE THRESHOLD OF 47.27 PERCENT.  Full Article

Carraro FY Net Result Turns to Profit Of EUR 13.7 Million
Thursday, 29 Mar 2018 07:07am EDT 

March 29 (Reuters) - Carraro Spa ::FY REVENUE EUR 606.0 MILLION VERSUS EUR 593.7 MILLION YEAR AGO.FY NET PROFIT EUR 13.7 MILLION VERSUS LOSS EUR 9.1 MILLION YEAR AGO.SAYS PROPOSES DIVIDEND OF EUR 0.17 PER SHARE.  Full Article

Carraro Completes Sale Of Carraro International SE Bonds Due 2025 In Advance
Wednesday, 31 Jan 2018 06:05am EST 

Jan 31 (Reuters) - CARRARO SPA ::OFFER OF CARRARO INTERNATIONAL SE BONDS DUE 2025 ENDED IN ADVANCE AFTER REACHING MAX AMOUNT.CARRARO INTERNATIONAL SE BONDS DUE 2025 ARE SENIOR AND UNSECURED WITH FIXED INTEREST RATE OF 3.5 PERCENT.BONDS WERE SOLD FOR TOTAL OF EUR 180.0 MILLION, 100 PERCENT OF THEIR NOMINAL VALUE.BONDS SOLD AMOUNT TO 180,000.  Full Article

Carraro Issues Bond Loan Of Up To EUR 180 Mln
Thursday, 18 Jan 2018 11:42am EST 

Jan 18 (Reuters) - Carraro Spa ::APPROVES ISSUANCE OF BOND LOAN OF UP TO EUR 180 MILLION.  Full Article

Carraro 9-month EBITDA up at EUR 45.3 mln
Friday, 27 Oct 2017 11:41am EDT 

Oct 27 (Reuters) - CARRARO SPA ::9-MONTH TURNOVER EUR ‍​450.8 MILLION VERSUS EUR 468.4 MILLION YEAR AGO‍​.9-MONTH EBITDA EUR 45.3 MILLION VERSUS EUR 33.6 MILLION YEAR AGO‍​.  Full Article

Carraro FY net loss widens to EUR 9.1 million
Wednesday, 15 Feb 2017 12:38pm EST 

Carraro SpA : FY net loss 9.1 million euros ($9.64 million) versus loss 8.1 million euros year ago . FY revenue from sales 593.7 million euros versus 674.0 million euros year ago .Sees sales volumes in 2017 slightly down compared to 2016.  Full Article