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Mersen SA (CBLP.PA)

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Latest Key Developments (Source: Significant Developments)

Mersen wins series of equipment orders for several rail projects in Arabian peninsula‍​
11:42am EST 

Nov 21 (Reuters) - MERSEN SA ::HAS WON SERIES OF EQUIPMENT ORDERS FOR SEVERAL RAIL PROJECTS IN ARABIAN PENINSULA‍​.ORDERS ARE WORTH AROUND €5 MILLION.DELIVERIES ARE SCHEDULED FOR 2017 AND 2018.  Full Article

Mersen Q3 total group sales rise to ‍​198.0 million euros
Wednesday, 25 Oct 2017 11:45am EDT 

Oct 25 (Reuters) - MERSEN SA ::Q3 TOTAL GROUP SALES EUR ‍​198.0 MILLION VERSUS EUR 187.1 MILLION YEAR AGO.REVISES FY 2017 GUIDANCE UPWARDS.EXPECTS FY 2017 LIKE-FOR-LIKE SALES GROWTH OF BETWEEN 7% AND 8%.EXPECTS FY 2017 OPERATING MARGIN BEFORE NON-RECURRING ITEMS BETWEEN 9% AND 9.2% VERSUS 7.5% IN 2016.  Full Article

Mersen wins a plant chemistry order
Tuesday, 17 Oct 2017 11:42am EDT 

Oct 17 (Reuters) - MERSEN SA :WINS A PLANT CHEMISTRY ORDER WORTH SEVERAL MILLION EUROS.THIS ORDER WILL SUPPLY HYDROCHLORIC ACID PRODUCTION UNIT, THAT WILL GO INTO OPERATION IN MAY 2018‍​.  Full Article

Mersen announces it accepted firm offer from a French manufacturer to acquire its switch and contactor business
Monday, 31 Jul 2017 12:27pm EDT 

July 31 (Reuters) - MERSEN SA ::H1 CONSOLIDATED NET INCOME ATTRIBUTABLE TO GROUP EQUITY HOLDERS EUR 18.1 MILLION VERSUS EUR 11.3 MILLION YEAR AGO.H1 CONSOLIDATED REVENUE EUR 412.0 MILLION VERSUS EUR 387.2 MILLION YEAR AGO.IN JULY 2017, ACCEPTED FIRM OFFER FROM FRENCH MANUFACTURER TO ACQUIRE ITS SWITCH AND CONTACTOR BUSINESS, BASED AT THE PLANT IN GORCY, FRANCE.IMPACT ON 2017 FINANCIAL STATEMENTS WILL NOT BE MATERIAL.H1 EBITDA EUR 56.1 MILLION VERSUS EUR 49.1 MILLION YEAR AGO.SWITCH AND CONTACTOR BUSINESS WILL BE ACCOUNTED FOR AS ASSET HELD FOR SALE IN 2017 FINANCIAL STATEMENTS.  Full Article

Mersen raises its forcast for FY 2017
Thursday, 20 Jul 2017 03:19am EDT 

July 20 (Reuters) - MERSEN SA ::ANNOUNCED THAT, BASED ON PRELIMINARY DATA FOR Q2, IT HAS RAISED ITS GUIDANCE IN TERMS OF SALES AND OPERATING MARGIN BEFORE NON-RECURRING ITEMS FOR 2017.GROUP'S FORECASTS SIGNIFICANTLY EXCEED MARKET EXPECTATIONS..SEES ORGANIC GROWTH IN SALES TO BETWEEN 3% AND 5% VERSUS 0% TO 2% PREVIOUSLY ANNOUNCED.IS EXPECTING GROWTH IN ITS OPERATING MARGIN BEFORE NON-RECURRING ITEMS OF BETWEEN 80 AND 130 BASIS POINTS VERSUS 50 TO 100 BPS PREVIOUSLY ANNOUNCED.  Full Article

Mersen raises its full-year guidance for 2017
Wednesday, 19 Jul 2017 12:15pm EDT 

July 19 (Reuters) - MERSEN SA ::RAISES ITS FULL-YEAR GUIDANCE FOR 2017.SECOND-QUARTER PRELIMINARY DATA POINT TO ORGANIC GROWTH IN SALES OF CLOSE TO 5% FOR THE FIRST HALF OF 2017.SECOND-QUARTER PRELIMINARY DATA POINT TO OPERATING MARGIN BEFORE NON-RECURRING ITEMS OF BETWEEN 8.8% AND 9% OF SALES FOR H1 2017‍​.FOR FY GROUP HAS REVISED ITS GUIDANCE FOR ORGANIC GROWTH IN SALES TO BETWEEN 3% AND 5% VERSUS 0% TO 2% PREVIOUSLY ANNOUNCED.FOR FY EXPECTS GROWTH IN OPERATING MARGIN BEFORE NON-RECURRING ITEMS BETWEEN 80 AND 130 BASIS POINTS VERSUS 50 TO 100 BASIS POINTS PREVIOUSLY ANNOUNCED .‍​.  Full Article

Mersen appoints Olivier Legrain Chairman Of Board of Directors
Thursday, 18 May 2017 12:30pm EDT 

May 18 (Reuters) - MERSEN SA : :APPOINTS MR OLIVIER LEGRAIN, CHAIRMAN OF BOARD OF DIRECTORS.  Full Article

Mersen Q1 revenue up at EUR ‍​203.5 million; confirms FY outlook
Wednesday, 26 Apr 2017 12:45pm EDT 

April 26 (Reuters) - Mersen SA ::Q1 revenue EUR ‍​203.5 million versus EUR 190.1 million ($206.6 million) year ago.Confirms FY 2017 objectives for revenue organic growth between 0 percent and 2 percent and recurring operating margin growth between 50 points and 100 basis points.  Full Article

Mersen FY net profit up at 3.2 million euros
Wednesday, 8 Mar 2017 01:36am EST 

Mersen SA : FY net profit 3.2 million euros ($3.38 million) versus 2.6 million euros year ago . FY EBITDA stood at 96.7 million euros, representing 12.7 percent of sales . FY operating income before non-recurring items 59.9 million euros ($63.28 million) versus 60.9 million euros year ago . FY operating margin before non-recurring items 7.8 percent versus 7.9 percent year ago . In 2017, will also continue to deploy its operational excellence plan, which will lower the cost structure and drive competitiveness in group plants . Costs associated with the plan have, for the most part, already been booked in the 2016 financial statements and will result in an amount of 25 million euros being paid out in 2017 . Group expects to see year-on-year organic sales growth of between 0 percent and 2 percent in 2017, with a 50 to 100 basis point improvement in operating margin before non-recurring items .Recommended 2016 dividend of 0.50 euros a share.  Full Article

Mersen wins 7 million euro order from Siemens
Tuesday, 31 Jan 2017 11:52am EST 

Mersen Sa : Mersen wins about 7 million euro ($7.55 million) order from Siemens .Deliveries will take place in 2017 and 2018.  Full Article

BRIEF-Mersen Q3 total group sales rise to ‍​198.0 million euros

* Q3 TOTAL GROUP SALES EUR ‍​198.0 MILLION VERSUS EUR 187.1 MILLION YEAR AGO