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Codere SA (CDRE.MC)

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

5.45EUR
11:35am EDT
Change (% chg)

€-0.32 (-5.55%)
Prev Close
€5.77
Open
€5.79
Day's High
€5.79
Day's Low
€5.36
Volume
46,680
Avg. Vol
15,306
52-wk High
€10.98
52-wk Low
€5.36

Latest Key Developments (Source: Significant Developments)

Codere Q2 Net Loss Widens To 34.9 Mln Euros YoY
Friday, 7 Sep 2018 01:26am EDT 

Sept 7 (Reuters) - CODERE SA ::SAID ON THURSDAY Q2 NET LOSS 34.9 MILLION EUROS VERSUS LOSS 3.1 MILLION EUROS YEAR AGO.Q2 ADJUSTED EBITDA 65.0 MILLION EUROS VERSUS 63.5 MILLION EUROS YEAR AGO.Q2 OPERATING REVENUE 376.0 MILLION EUROS VERSUS 409.4 MILLION EUROS YEAR AGO.2018 TOTAL ADJUSTED EBITDA GUIDANCE OF 280-285 MILLION EUROS.  Full Article

Codere FY Net Result Turns to Profit Of 2.7 Mln Euros
Wednesday, 28 Feb 2018 01:19am EST 

Feb 28 (Reuters) - Codere SA ::FY NET PROFIT 2.7 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO.FY NET SALES 1.63 BILLION EUROS VERSUS 1.49 BILLION EUROS YEAR AGO.  Full Article

Codere Appoints New Chairman and New General Manager
Monday, 15 Jan 2018 01:28am EST 

Jan 15 (Reuters) - CODERE SA ::SAID LATE ON FRIDAY, ITS BOARD OF DIRECTORS REMOVES JOSE ANTONIO MARTINEZ SAMPEDRO AS CHAIRMAN AND LUIS JAVIER MARTINEZ SAMPEDRO AS DEPUTY CHAIRMAN, WHO WILL REMAIN AS PROPRIETARY DIRECTORS.BOARD APPOINTS NORMAN SORENSEN VALDEZ AS NEW NON-EXECUTIVE CHAIRMAN OF THE BOARD AND VICENTE DI LORETO AS GENERAL MANAGER OF CODERE GROUP.  Full Article

Codere Board To Meet On Friday, Possible Dismissal Or Ratification Of Chairman And CEO
Wednesday, 10 Jan 2018 05:49am EST 

Jan 10 (Reuters) - CODERE SA ::SAYS BOARD TO MEET ON FRIDAY, AGENDA INCLUDES MANAGEMENT ANALYSIS AND POSSIBLE DISMISSAL OR RATIFICATION OF CHAIRMAN AND CEO.  Full Article

Codere 9-month net result turns to profit of 8.3 mln euros YoY
Tuesday, 14 Nov 2017 01:58am EST 

Nov 14 (Reuters) - CODERE SA ::9-MONTH NET PROFIT 8.3 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO.9-MONTH EBITDA 183.5 MILLION EUROS VERSUS 150.1 MILLION EUROS YEAR AGO.9-MONTH OPERATING REVENUE 1.22 BILLION EUROS VERSUS 1.15 BILLION EUROS YEAR AGO.  Full Article

Codere to group 2.55 bln shares in 2:43 ratio‍​
Tuesday, 17 Oct 2017 02:34am EDT 

Oct 17 (Reuters) - CODERE SA ::TO GROUP AND CANCEL 2.55 BILLION SHARES TO EXCHANGE THEM FOR 118.5 MILLION NEW SHARES IN A RATIO 2:43‍​.TO INCREASE PAR VALUE OF SHARES TO 4.30 EUROS FROM 0.20 EURO WITHOUT CHANGING SHARE CAPITAL.  Full Article

Codere Q2 net loss shrinks to 3.1 mln euros YoY
Tuesday, 12 Sep 2017 01:23am EDT 

Sept 12 (Reuters) - CODERE SA ::Q2 OPERATING REVENUE 409.4 MILLION EUROS VERSUS 383.9 MILLION EUROS YEAR AGO.Q2 EBITDA 57.1 MILLION EUROS VERSUS 27.1 MILLION EUROS YEAR AGO.Q2 NET LOSS 3.1 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO.  Full Article

Codere to propose share consolidation at a rate 43:2
Thursday, 7 Sep 2017 10:42am EDT 

Sept 7 (Reuters) - Codere SA ::TO PROPOSE SHARE CONSOLIDATION EXCHANGING 43 OLD SHARES FOR 2 NEW SHARES‍​.SHARE CONSOLIDATION WILL HAVE NO EFFECT ON SHARE CAPITAL.  Full Article

BRIEF-Codere says Spanish Supreme Court partially rules in its favor in Pokerstars case (May 25)
Tuesday, 30 May 2017 01:51pm EDT 

Corrects headline in May 25 brief to attribute statement to Codere. Adds details on ruling from press release in bullets 3-5:SAYS SPANISH SUPREME COURT RULES IN FAVOR OF CODERE VERSUS POKERSTARS.COURT CONSIDERS THAT ONLINE GAMING AND, NAMELY, THE GAME OF POKER OFFERED ON THE WEBSITE OF THE DEFENDANT, WAS NOT A LEGAL ACTIVITY IN SPAIN.THE HIGHEST COURT PARTIALLY RULED IN FAVOR OF THE LAWSUIT FILED BY CERTAIN COMPANIES OF THE CODERE GROUP VS. COMPANIES OF THE POKERSTARS GROUP.THE COURT POINTS TO THE FACT THAT "THE CONDUCT OF THE DEFENDANT WAS NOT ISOLATED, BUT WAS GENERALIZED IN THE MARKET AND FULLY TOLERATED BY THE COMPETENT ADMINISTRATIVE GAMING AUTHORITIES".THIS CONSTITUTES THE GROUNDS FOR THE SUPREME COURT NOT GRANTING THE DAMAGES COMPENSATION SOUGHT BY CODERE, AS CODERE COULD HAVE BEEN PART OF THE ILLEGAL, BUT TOLERATED, ACTIVITY.  Full Article

Spanish Supreme Court rules in favor of Codere vs Pokerstars
Thursday, 25 May 2017 09:09am EDT 

May 25 (Reuters) - CODERE SA ::SAYS SPANISH SUPREME COURT RULES IN FAVOR OF CODERE VERSUS POKERSTARS.COURT CONSIDERS THAT ONLINE GAMING AND, NAMELY, THE GAME OF POKER OFFERED ON THE WEBSITE OF THE DEFENDANT, WAS NOT A LEGAL ACTIVITY IN SPAIN.  Full Article

BRIEF-Codere Q2 Net Loss Widens To 34.9 Mln Euros YoY

* SAID ON THURSDAY Q2 NET LOSS 34.9 MILLION EUROS VERSUS LOSS 3.1 MILLION EUROS YEAR AGO