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Fagron NV (FAGRO.BR)

FAGRO.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fagron Acquires Humco in United States
Tuesday, 3 Apr 2018 01:00am EDT 

April 3 (Reuters) - FAGRON NV ::FAGRON STRENGTHENS STRATEGIC POSITION IN USA THROUGH HIGHLY COMPLEMENTARY ACQUISITION OF HUMCO.ACQUISITION PRICE FOR HUMCO AMOUNTS TO US$ 47.5 MILLION (APPROXIMATELY EUR 38.6 MILLION).ACQUISITION PRICE INCLUDES POTENTIAL PERFORMANCE LINKED EARN-OUT OF UP TO US$ 22.5 MILLION IN CASH OVER A TWO-YEAR PERIOD.TOTAL CONSIDERATION FOR ACQUISITION OF HUMCO IS THUS CAPPED AT US$ 70.0 MILLION.TRANSACTION INCLUDES ALL TECHNOLOGIES, SCIENTIFIC DATA, PATENTS AND TRADEMARKS AND PRODUCTION FACILITY OF HUMCO IN TEXAS.  Full Article

Humco And Fagron To Combine For Up To 70 Million Dollars
Tuesday, 3 Apr 2018 01:00am EDT 

April 3 (Reuters) - FAGRON NV ::HUMCO AND FAGRON TO COMBINE FOR UP TO US $70 MILLION.‍GREGORY PULIDO, HUMCO'S CHAIRMAN AND CHIEF EXECUTIVE OFFICER, WILL TRANSITION TO ROLE OF EXECUTIVE CHAIRMAN​.ANDREW PULIDO, HUMCO'S CURRENT PRESIDENT, GLOBAL PHARMACEUTICALS, WILL ASSUME THE SOLE ROLE OF PRESIDENT AT HUMCO.  Full Article

Fagron FY Rebitda Increased 5.7% To 95.7 Million Euros
Wednesday, 7 Feb 2018 01:00am EST 

Feb 7 (Reuters) - FAGRON NV ::REG-FAGRON TURNOVER INCREASED BY 3.6% TO € 436.9 MILLION AND NET PROFIT INCREASED TO € 47.0 MILLION.FY REBITDA INCREASED 5.7% TO EUR 95.7 MILLION OR 21.9% OF TURNOVER.FY EBIT INCREASED 317.2% TO EUR 74.6 MILLION OR 17.1% OF TURNOVER.STRONG OPERATIONAL CASH FLOW OF EUR 84.2 MILLION.DIVIDEND PROPOSAL OF EUR 0.10 PER SHARE.FURTHER GROWTH OF TURNOVER AND PROFITABILITY EXPECTED IN 2018.FY NET PROFIT EUR 47.1 MILLION VERSUS LOSS OF EUR 18.1 MILLION YEAR AGO.  Full Article

Fagron Inc Selected By API For Active Ingredients For Compounding
Thursday, 1 Feb 2018 06:57am EST 

Feb 1 (Reuters) - FAGRON, INC: :FAGRON, INC. WAS RECENTLY SELECTED BY API TO DIRECTLY SERVICE CUSTOMERS WITH ACTIVE INGREDIENTS FOR COMPOUNDING.  Full Article

Cannimed Therapeutics Announces Cannabis Distribution Agreement With Fagron NV
Wednesday, 10 Jan 2018 07:00am EST 

Jan 10 (Reuters) - Cannimed Therapeutics Inc ::CANNIMED THERAPEUTICS INC. ANNOUNCES STRATEGIC INTERNATIONAL CANNABIS DISTRIBUTION AGREEMENT WITH FAGRON NV.CANNIMED THERAPEUTICS INC - ‍ IS WORKING TO SUPPLEMENT ITS CANADIAN GMP COMPLIANT STATUS WITH GMP CERTIFICATION IN EUROPE FOR ITS CANNABIS PRODUCTS.CANNIMED THERAPEUTICS INC - ‍FAGRON AND CANNIMED ANTICIPATE FIRST PRODUCT SALES INTO GERMANY WILL COMMENCE IN Q3 2018​.CANNIMED THERAPEUTICS INC - ‍ PRIMARY INITIAL FOCUS OF CANNABIS DISTRIBUTION AGREEMENT WITH FAGRON NV​ ON GERMANY.CANNIMED THERAPEUTICS- ‍FAGRON TO UTILIZE ITS DISTRIBUTION NETWORK TO MARKET, DISTRIBUTE CANNIMED MEDICINAL CANNABIS PRODUCTS TO 17 SPECIFIED COUNTRIES​.  Full Article

Fagron appoints ‍Rafael Padilla to succeed Hans Stols as CEO
Monday, 27 Nov 2017 01:00am EST 

Nov 27 (Reuters) - FAGRON NV ::‍RAFAEL PADILLA SUCCEEDS HANS STOLS AS CEO​.‍MR. STOLS WILL RESIGN FROM ALL HIS FUNCTIONS AND MANDATES WITH IMMEDIATE EFFECT​.  Full Article

Fagron H1 ‍net profit increases 27.0 pct to 21.1 million euros
Friday, 4 Aug 2017 01:00am EDT 

Aug 4 (Reuters) - FAGRON NV ::H1 ‍NET PROFIT INCREASES 27.0% TO EUR 21.1 MILLION ​.REG-FAGRON NV: HIGHER TURNOVER AND PROFIT FOR FAGRON.H1 REBITDA INCREASES 5.6% TO EUR 48.1 MILLION OR 21.7% OF TURNOVER.H1 TURNOVER INCREASES 5.5% TO EUR 221.7 MILLION.  Full Article

Fagron redeems bond loan of 225 million euros
Monday, 3 Jul 2017 01:00am EDT 

July 3 (Reuters) - FAGRON NV ::REG-FAGRON REDEEMS BOND LOAN.‍BOND LOAN OF EUR 225 MILLION WILL BE REDEEMED IN FULL TODAY​.  Full Article

Fagron Q1 revenue increases by 7.1 pct to 109.9 million euros
Thursday, 13 Apr 2017 01:00am EDT 

Fagron NV : Turnover increases by 7.1 pct to 109.9 million euros ($117.29 million) . For 2017, we remain positive about opportunities in various markets in which we are active .Q1 revenue 109.9 million euros versus 103.6 million euros year ago.  Full Article

Fagron realises FY turnover of 421.8 mln euros, 1.3 pct down
Tuesday, 7 Feb 2017 01:00am EST 

Fagron NV : Fagron realises turnover of 421.8 million euros ($451.75 million) . FY turnover 421.8 million euros, a decrease of 1.3 pct (2015: 427.6 million euros) . FY REBITDA amounts to 90.6 million euros or 21.5 pct of turnover (2015: 23.1 pct)FY net loss from continued operations 18.1 million euros versus loss of 24.9 million euros year ago . Will propose to the annual general meeting of shareholders of 8 May to not pay a dividend over the 2016 financial year ."Fagron's FSPS activities in United States have shown strong growth over past year".  Full Article

BRIEF-Fagron Reports Q1 Turnover At 109.1 Million Euros

* Q1 TURNOVER EUR 109.1 MILLION VERSUS EUR 109.0 MILLION YEAR AGO