Edition:
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Ercros SA (ECR.MC)

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

2.82EUR
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Ercros Reaches Restructuring Personnel Agreement With Unions That Includes 105 Employees
Tuesday, 28 Nov 2017 10:01am EST 

Nov 28 (Reuters) - ERCROS SA ::SAYS REACHES AGREEMENT WITH UNIONS FOR RESTRUCTURING OF PERSONNEL.NUMBER OF PEOPLE INCLUDED IS 105, 43 OF WHICH BELONG TO FLIX FACTORY; 34 TO CARDONA FACTORY; AND 28 TO TARRAGONA COMPLEX..SAYS ESTIMATED COST OF APPLICATION OF AGREEMENT AMOUNTS TO 11 MILLION EUROS.  Full Article

Ercros 9-month net profit up 25 pct YoY
Monday, 13 Nov 2017 02:42am EST 

Nov 13 (Reuters) - ERCROS SA ::9-MONTH NET PROFIT 34.1 MILLION EUROS VERSUS 27.3 MILLION EUROS YEAR AGO.9-MONTH REVENUE 513.8 MILLION EUROS VERSUS 467.1 MILLION EUROS YEAR AGO.9-MONTH EBITDA 55.6 MILLION EUROS VERSUS 48.5 MILLION EUROS YEAR AGO.Q4 TO BE NEGATIVELY IMPACTED BY COSTS FROM RESTRUCTURING AFTER CLOSURE OF CHLORINE PRODUCTION PLANTS.‍​.  Full Article

Ercros starts staff restructuring negotiations
Monday, 30 Oct 2017 09:12am EDT 

Oct 30 (Reuters) - ERCROS SA ::STARTS TALKS WITH WORKERS' REPRESENTATIVES ON RESTRUCTURING OF PERSONNEL .RESTRUCTURING RESULTING FROM THE CLOSURE OF THE CHLORINE PRODUCTION PLANTS USING MERCURY TECHNOLOGY‍​‍​.NUMBER OF PEOPLE AFFECTED IS 132.WORKERS AFFECTED BELONG TO CARDONA FACTORY, TARRAGONA COMPLEX AND FACTORY IN FLIX.IN POSITION TO OFFER RELOCATION IN OTHER WORK CENTRES OF GROUP TO PEOPLE AFFECTED.  Full Article

Ercros approves share capital reduction of 2.233 pct
Friday, 28 Jul 2017 02:12am EDT 

July 28 (Reuters) - ERCROS SA ::SAID ON FRIDAY IT APPROVES A SHARE CAPITAL REDUCTION OF 2.233 PERCENT THROUGH AN AMORTIZATION OF TREASURY SHARES, WHICH WILL BENEFIT ITS SHAREHOLDERS BY INCREASING THEIR PARTICIPATION IN THE COMPANY.TO REDEEM 3.1 MILLION OF OWN SHARES.FOLLOWING THE REDUCTION, SHARE CAPITAL OF ERCROS AMOUNTS TO 33.3 MILLION EUROS DIVIDED INTO 111.0 MILLION SHARES.  Full Article

Ercros H1 net profit up 22 pct at 24.0 mln euros
Thursday, 27 Jul 2017 02:44am EDT 

July 27 (Reuters) - ERCROS SA ::H1 NET SALES 355.9 MILLION EUROS VERSUS 314.4 MILLION EUROS YEAR AGO.H1 NET PROFIT 24.0 MILLION EUROS VERSUS 19.6 MILLION EUROS YEAR AGO.H1 EBITDA 38.5 MILLION EUROS VERSUS 34.7 MILLION EUROS YEAR AGO.  Full Article

Ercros to carry out share repurchase program for up to 6 mln euros‍​
Wednesday, 26 Jul 2017 08:48am EDT 

July 26 (Reuters) - ERCROS SA ::BOARD AGREES TO CARRY OUT PROGRAM FOR REPURCHASE OF TREASURY SHARES FOR MAXIMUM AMOUNT OF 6 MILLION EUROS.THE NUMBER OF SHARES TO BE ACQUIRED UNDER THE PROGRAM SHOULD NOT EXCEED 3 PERCENT OF THE COMPANY'S SHARE CAPITAL ‍​.THE REPURCHASE PROGRAM WILL BE IN FORCE UNTIL JUNE 30, 2018.  Full Article

Ercros sees H1 profit increase by 17.1 pct YoY
Thursday, 22 Jun 2017 02:20am EDT 

June 22 (Reuters) - ERCROS SA ::SEES PROFIT OF 23 MILLION EUROS IN H1‍​.SEES H1 EBITDA OF 37 MILLION EUROS.THIS FORECAST MEANS INCREASING EBITDA BY 9.5 PERCENT AND PROFIT BY 17.1 PERCENT YEAR ON YEAR.  Full Article

Ercros sees sales to remain above 600 mln euros in FY 2017
Thursday, 1 Jun 2017 06:16am EDT 

June 1 (Reuters) - ERCROS SA ::IN FY 2017 SEES LEVEL OF SALES TO REMAIN ABOVE 600 MILLION EUROS AND SOLVENCY AND LEVERAGE RATIOS BELOW 2 AND 0.5, RESPECTIVELY.  Full Article

Ercros proposes dividend payout policy for 2017-2020
Friday, 19 May 2017 02:31am EDT 

May 19 (Reuters) - ERCROS SA ::TO PROPOSE DIVIDEND PAYOUT OF UP TO 35 PERCENT OF PROFIT IN 2017, 40 PERCENT IN 2018, 45 PERCENT IN 2019 AND 50 PERCENT IN 2020.  Full Article

Ercros Q1 net profit up at 9.2 mln euros
Wednesday, 3 May 2017 02:42am EDT 

May 3 (Reuters) - Ercros SA ::Q1 net profit 9.2 million euros ($10.1 million) versus 8.0 million euros year ago.Q1 EBITDA 17.5 million euros versus 16.0 million euros year ago.Q1 revenue 172.5 million euros versus 154.9 million euros year ago.  Full Article