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Koninklijke DSM NV (DSMN.AS)

DSMN.AS on Amsterdam Stock Exchange

89.72EUR
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Latest Key Developments (Source: Significant Developments)

DSM Announces Share Buyback Of 1,600,000 Ordinary Shares
Monday, 19 Mar 2018 03:00am EDT 

March 19 (Reuters) - DSM ::INTENDS TO REPURCHASE 500,000 ORDINARY SHARES, STARTING ON 19 MARCH 2018.ALSO ‍PLANS TO RPURCHASE 1,100,000 ORDINARY SHARES, STARTING ON 14 MAY 2018​.‍TOTAL SHARE REPURCHASE PROGRAM IS ANTICIPATED TO CONTINUE INTO Q2 2018​.BASED ON CLOSING PRICE OF CO SHARE ON EURONEXT AMSTERDAM ON 16 MARCH THIS WOULD BE EQUIVALENT TO CIRCA €130 MILLION.  Full Article

DSM FY Adjusted Net Profit Up At 706 Million Euros
Wednesday, 14 Feb 2018 01:08am EST 

Feb 14 (Reuters) - DSM ::FY ADJUSTED NET PROFIT EUR 706.0 MILLION VERSUS EUR 520 MILLION (NOT EUR 629 MILLION) YEAR AGO.FY REVENUE EUR 8.63 BILLION VERSUS EUR 7.92 BILLION YEAR AGO.FY NUTRITION SALES EUR 1.05 BILLION VERSUS EUR 0.93 BILLION YEAR AGO.DIVIDEND INCREASE FROM €1.75 TO €1.85 PER ORDINARY SHARE.FULL YEAR OUTLOOK 2018 ABOVE STRATEGY 2018 TARGETS.FY ADJUSTED EBITDA UP 15% TO €1,445M.SEES 2018 ADJUSTED EBITDA GROWTH SOMEWHAT UP FROM HIGH SINGLE-DIGIT TO DOUBLE-DIGIT.SEES 2018 ROCE GROWTH ABOVE 100 BASIS POINTS.FY REUTERS POLL: NET SALES EUR 8.52 BILLION; EBITDA ADJUSTED EUR 1.43 BILLION; NET PROFIT ADJUSTED EUR 665 MILLION.FY REPORTED EFFECTIVE TAX RATE WAS 16.8% OVER ADJUSTED TAXABLE RESULT 2017 (2016: 18.3%)..FY REPORTED EFFECTIVE TAX RATE DECREASE WAS MAINLY CAUSED BY A ONE-TIME BENEFIT FROM THE US TAX REFORM..AS FROM 2018, US TAX REFORM WILL HAVE A NET POSITIVE EFFECT OF APPROXIMATELY 1%..  Full Article

DSM Acquires Biocare Copenhagen
Friday, 22 Dec 2017 05:32am EST 

Dec 22 (Reuters) - Koninklijke Dsm Nv ::DSM ACQUIRES BIOCARE COPENHAGEN TO EXPAND GUT HEALTH INGREDIENTS PORTFOLIO WITH PROBIOTICS.FINANCIAL DETAILS WILL NOT BE DISCLOSED AT THIS TIME.  Full Article

DSM Announces DSM-Niaga Research Collaboration With Ecor
Wednesday, 20 Dec 2017 06:05am EST 

Dec 20 (Reuters) - DSM ::DSM-NIAGA ANNOUNCES RESEARCH COLLABORATION WITH ECOR.PRELIMINARY RESULTS LED TO FURTHER INVESTIGATING OF APPLICATIONS AND WILL LEAD TO NEW FULLY RECYCLABLE PRODUCTS.  Full Article

DSM To Expand Capacity Of High Performance Plastics‍​
Monday, 27 Nov 2017 07:05am EST 

Nov 27 (Reuters) - DSM ::DSM TO EXPAND CAPACITY OF HIGH PERFORMANCE PLASTICS‍​.RESPONDING TO STRONG CUSTOMER DEMAND IN HIGH TEMPERATURE POLYAMIDES AND THERMOPLASTIC COPOLYESTERS.IN PROCESS OF BRINGING 25% ADDITIONAL ARNITEL CAPACITY ONLINE IN 2018‍​.IN PROCESS OF EXPANDING CAPACITY OF ITS SPECIALTY POLYMERS PLANTS IN EMMEN AND GELEEN, THE NETHERLANDS.  Full Article

Koninklijke DSM invests 15 million euros to expand capacity of plant in Meppen, Germany
Thursday, 23 Nov 2017 02:05am EST 

Nov 23 (Reuters) - KONINKLIJKE DSM NV : :KONINKLIJKE DSM NV - DSM INVESTS €15 MILLION TO EXPAND CAPACITY AT COATING RESINS PLANT IN MEPPEN (GERMANY).FACILITY IS SPECIALIZED IN THE PRODUCTION OF LIQUID POLYESTERS AND OTHER SPECIALTY RESINS‍​.  Full Article

DSM acquires Brazilian production facility from Amyris
Friday, 17 Nov 2017 08:30am EST 

Nov 17 (Reuters) - Amyris Inc :DSM expands strategic alliance with Amyris and acquires Brazilian production facility from Amyris.Royal DSM - consideration for Amyris Brasil, intellectual property related to farnesene, value share arrangement over 3-year period amounts to $96 million​.‍Royal DSM says in addition to consideration upfront there is potential for a future value share in line with Amyris' business model​.  Full Article

DSM signs technology partnership agreement with Toyota Motorsport GmbH‍​
Tuesday, 7 Nov 2017 05:10am EST 

Nov 7 (Reuters) - DSM ::SIGNS TECHNOLOGY PARTNERSHIP AGREEMENT WITH TOYOTA MOTORSPORT GMBH‍​.AGREEMENT INVOLVES ALL DSM BUSINESSES ACTIVE IN SUPPLYING MATERIALS AND TECHNOLOGY TO THE AUTOMOTIVE SECTOR.  Full Article

DSM announces ‍9-month sales at 6.47 billion, up 9%
Thursday, 2 Nov 2017 02:00am EDT 

Nov 2 (Reuters) - DSM ::‍9M SALES UP 9% TO EUR 6,456M, WITH 8% ORGANIC GROWTH​.‍9M ADJUSTED EBITDA UP 15% TO EUR 1,086M​.‍9M ADJUSTED NET PROFIT UP 29% TO EUR 504M​.‍9M ROCE UP 170 BPS TO 12.3%​.‍OUTLOOK 2017 UNCHANGED​.‍9M TOTAL NET PROFIT OF EUR 1,603M​.  Full Article

DSM announces price increases for its Akulon portfolio in Europe
Wednesday, 1 Nov 2017 02:16pm EDT 

Nov 1 (Reuters) - DSM NV ::ANNOUNCES PRICE INCREASES FOR ITS AKULON PORTFOLIO IN EUROPE.DUE TO RISING FEEDSTOCKS AND STRONG GLOBAL DEMANDS, INCREASES PRICE FOR ITS POLYAMIDE 6 & 66 COMPOUND PORTFOLIO BY 300 €/T.INCREASES TO TAKE EFFECT FOR ALL ORDERS SHIPPED ON OR AFTER NOV. 1 OR FOLLOW AS CONTRACTS ALLOW.CONTINUES TO PURSUE AND IMPLEMENT COST SAVINGS TARGETED AT STABILIZING THE IMPACT OF RAW MATERIALS.  Full Article

UPDATE 1-DSM's Q2 core profit surges 35 pct on vitamin boost; confirms outlook

AMSTERDAM, Aug 1 Dutch speciality chemicals company DSM on Wednesday said second-quarter core profit surged 35 percent to 508 million euros ($593.2 million), boosted by exceptionally high vitamin prices and cost cuts.