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Carraro SpA (CARRA.MI)

CARRA.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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 sees EBITDA at end 2017 of EUR 48 mln‍​
Tuesday, 26 Sep 2017 05:18am EDT 

Sept 26 (Reuters) - CARRARO SPA ::SEES TURNOVER AT END 2017 OF EUR 583 MLN‍​.SEES EBITDA AT END 2017 OF EUR 48 MLN‍​.TARGETS 2021 TURNOVER OF EUR 670 MILLION.TARGETS 2021 EBITDA OF EUR 75 MILLION.  Full Article

Carraro H1 net result swings to profit of EUR 10.4 mln
Thursday, 27 Jul 2017 10:12am EDT 

July 27 (Reuters) - CARRARO SPA ::EXPECTS TREND OF TURNOVER GROWTH OF H1 TO CONTINUE IN H2 AND NO SIGNIFICANT CHANGES IN TERMS OF MARGINS.H1 NET PROFIT EUR 10.4 MILLION VERSUS LOSS EUR 2.8 MILLION YEAR AGO.H1 SALES EUR 310.7 MILLION VERSUS EUR 324.6 MILLION YEAR AGO.  Full Article

Carraro sets up joint-venture with Shandong Juming Group
Thursday, 22 Jun 2017 02:14am EDT 

June 22 (Reuters) - CARRARO SPA ::SIGNS JOINT-VENTURE AGREEMENT WITH SHANDONG JUMING GROUP.TO SET UP NEWCO AGRIMING AGRICULTURE EQUIPMENT CO. LTD, OF WHICH IT WILL OWN 49 PERCENT, WITH SHANDONG JUMING GROUP.OPERATION ENTAILS INVESTMENT OF EUR 8 MILLION OVER 3 YEARS BOTH FOR THE STAKE IN THE JOINT VENTURE AND THE STRENGTHENING OF CARRARO CHINA PRODUCTION CAPACITY.  Full Article

Carraro completes its capital increase fully subscribed for EUR 53.8 mln
Tuesday, 6 Jun 2017 05:49am EDT 

June 6 (Reuters) - CARRARO SPA ::SAID ON MONDAY IT HAS COMPLETED THE OFFER FOR UP TO 33.7 MILLION SHARES.AT THE END OF THE OFFER THERE HAVE BEEN SUBSCRIBED 106,428 ORDINARY SHARES, RELATED TO 136,836 UNAUTHORIZED RIGHTS, FOR A TOTAL VALUE OF 169,859 EUROS.AS THE RESULT, THE CAPITAL INCREASE IN OPTION IS FULLY SUBSCRIBED FOR A TOAL CONSIDERATION OF 53.8 MILLION EUROS.  Full Article

Carraro completes offer of unexercised rights for EUR 90,996
Wednesday, 31 May 2017 05:12am EDT 

May 31 (Reuters) - Carraro SpA ::136,836 UNEXERCISED RIGHTS HAVE BEEN SOLD FOR EUR 90,996, WHICH ALLOW THE SUBSCRIPTION OF 106,428 SHARES.  Full Article

Carraro reports 99.7 percent of its rights issue subscribed
Friday, 26 May 2017 12:41pm EDT 

May 26 (Reuters) - CARRARO SPA ::REPORTS 99.7 PERCENT OF ITS RIGHTS ISSUE SUBSCRIBED FOR EUR 53.7 MILLION.  Full Article

Carraro sets the terms of capital increase for up to 54 mln euros
Wednesday, 3 May 2017 05:44am EDT 

May 3 (Reuters) - Carraro SpA ::Said on Tuesday that the board approved the terms of the capital increase for up to 54 million euros ($58.90 million) approved by shareholders on June 27, 2016.Capital increase to be executed via the issue of up to 33,726,630 shares for a nominal value per share of 0.52 euro and an issue price of 1.596 per share.Seven new shares can be subscribed for every nine shares already owned.The offer price has a discount of about 21.3 pct compared to the Theoretical Ex Right Price (TERP) of the official stock market price of May 2.  Full Article

Carraro Q1 EBITDA up at EUR 15.9 mln
Wednesday, 3 May 2017 05:23am EDT 

May 3 (Reuters) - Carraro SpA ::Reported on Tuesday Q1 turnover 145.6 million euros ($158.85 million) versus 157.6 million euros a year ago.Q1 EBITDA 15.9 million euros versus 7 million euros a year ago.  Full Article

Carraro H1 net loss shrinks to EUR 2.8 mln, H1 turnover down 12.3 pct
Thursday, 28 Jul 2016 10:28am EDT 

Carraro SpA : H1 turnover 324.6 million euros ($360.14 million) versus 370 million euros a year ago . H1 net loss 2.8 million euros versus loss 5.8 million euros a year ago .In second half of the year expects, in line with the performance in the first half of the year, lower overall volumes compared to the same period last year.  Full Article