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Greenyard NV (GREENY.BR)

GREENY.BR on Brussels Stock Exchange

18.57EUR
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Latest Key Developments (Source: Significant Developments)

Greenyard H1 REBITDA down at ‍​73.4 million euros
Tuesday, 21 Nov 2017 11:45am EST 

Nov 21 (Reuters) - GREENYARD NV ::H1 SALES EUR ‍​2.09 BILLION VERSUS EUR 2.15 BILLION YEAR AGO.H1 REBITDA OF EUR ‍​73.4 MILLION VERSUS EUR 77.7 MILLION YEAR AGO.H1 NET RESULT EUR ‍​11.7 MILLION VERSUS EUR 6.8 MILLION YEAR AGO.  Full Article

Greenyard Q1 sales down at 1.11 billion euros
Tuesday, 29 Aug 2017 11:54am EDT 

Aug 29 (Reuters) - GREENYARD NV ::Q1 SALES EUR 1.11 BILLION VERSUS EUR 1.12 BILLION YEAR AGO.  Full Article

Greenyard announces acquisition of Mykogen
Wednesday, 14 Jun 2017 12:23pm EDT 

June 14 (Reuters) - GREENYARD NV ::ANNOUNCES ACQUISITION OF MYKOGEN.THE PURCHASE PRICE IS APPROXIMATELY € 93 MILLION..TRANSACTION CLOSING IS EXPECTED TO OCCUR DURING THE SECOND HALF OF 2017.IS FINANCING THE TRANSACTION FROM EXISTING CREDIT FACILITIES.SELECTIVE NON-STRATEGIC AND NON-CORE ASSETS WITHIN THE FRESH SEGMENT WILL BE DIVESTED.THE DIVESTMENTS ARE EXPECTED TO BE COMPLETED DURING THE SECOND HALF OF 2017.DIVESTMENTS ARE ESTIMATED TO PROVIDE CASH PROCEEDS OF AROUND € 25M WITH LIMITED IMPACT ON EBITDA (ACTIVITIES REPRESENT <2% OF GROUP EBITDA).AS A RESULT OF THE ACQUISITION AND DIVESTMENTS, EBITDA IS ANTICIPATED TO INCREASE BY 8%..AFTER THE ACQUISITION OF MYKOGEN AND THE DIVESTMENTS OF THE NON-CORE ASSETS, NET FINANCIAL DEBT IS EXPECTED TO BE APPROXIMATELY € 390 MILLION VERSUS. € 324.2 MILLION REPORTED FY 16/17.  Full Article

Greenyard FY REBITDA rises to ‍​145.7 million euros
Tuesday, 6 Jun 2017 11:48am EDT 

June 6 (Reuters) - GREENYARD NV ::FY SALES EUR ‍​4.25 BILLION VERSUS EUR 3.97 BILLION YEAR AGO.FY REBITDA EUR ‍​145.7 MILLION VERSUS EUR 136.2 MILLION YEAR AGO.FY NET PROFIT EUR ‍​0.7 MILLION VERSUS EUR 17.0 MILLION YEAR AGO.PROPOSES TO KEEP THE DIVIDEND STABLE AT EUR 0.20/SHARE.  Full Article

Greenyard Q3 sales up at 996.9 million euros
Thursday, 23 Feb 2017 12:54pm EST 

Greenyard NV :In Q3, sales came in at 996.9 million euros ($1.05 billion), an increase of 6.3 percent YOY.  Full Article

Greenyard announces the placement of 125 million euros senior convertible bonds
Thursday, 8 Dec 2016 10:50am EST 

Greenyard NV : Announces the successful placement of 125 million euros ($132.75 million) senior, unsecured, guaranteed, convertible bonds due 2021 . 10.8 pct of the convertible bonds has been allocated to Deprez Holding NV, a company controlled by the Deprez family . Convertible bonds will be issued in denominations of 100,000 euros in principal amount at 100 percent of their principal amount and will have a coupon of 3.75 percent per annum . Has decided to make use of its increase option of up to 15 million euros, bringing the total principal amount of the convertible bonds to 125 million euros. . The conversion price will be set at a premium of 25 pct of the volume weighted average price of Greenyard’s shares on Euronext Brussels between opening and closing of the market today. . Settlement of the issue of the convertible bonds is expected to take place on or around december 22, 2016 . BNP Paribas Fortis and Berenberg are acting as joint global coordinators and joint bookrunners .Daiwa Capital Markets, Degroof Petercam and KBC Bank are acting as joint bookrunners.  Full Article

Greenyard launches offering convertible bond for amount up to 125 mln euros
Thursday, 8 Dec 2016 03:28am EST 

Greenyard NV : Greenyard launches offering of a convertible bond for an amount of up to 125 million euros ($134.6 million) . Convertible bonds will be issued at 100 pct of their principal amount and are expected to have a coupon range between 3.5 pct and 4 pct per annum . Refinancing is anticipated to allow greenyard to lower its average annual interest cost by at least 15 million euros . One-Off financial cost of approx. 18 million euros (consisting in large part of early redemption premium of 3.938 pct of principal amount of senior secured notes, and fees for external advisers), implying a payback of only 1.2 years . Proceeds of convertible bond offering and new credit facilities will be used to refinance following current external debt of group . Will also allow to extend average maturity of its financing instruments to 4.4 years and to provide increased balance sheet flexibility to fund future growth .Offering of convertible bonds is part of a wider refinancing exercise, which also consists of a 150 million euro term loan facility and a 225 million euro multicurrency revolving facility.  Full Article

Greenyard H1 net profit raises to ‍​6.8 million euros
Tuesday, 22 Nov 2016 12:15pm EST 

Greenyard NV : Sales were up 8.6 pct YOY in H1 to 2.14 billion euros ($2.27 billion) . H1 net profit ‍6.8 million euros versus 2.2 million euros year ago . H1 REBITDA increased by 7.2 pct to 77.7 million euros, a margin of 3.6 pct Further company coverage: [GREENY.BR] ($1 = 0.9422 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Greenyard Foods to divest stake in Veiling Haspengouw
Friday, 2 Sep 2016 03:20am EDT 

Greenyard Foods NV : Greenyard Foods announces divestment of its stake in Veiling HASPENGOUW . Greenyard Foods will sell its participations in H-Fruit and H-Pack to Veiling Haspengouw . Agreement entails that the shares in H-Fruit (50.00 pct) and H-Pack (50.01 pct) will be taken over in full by Veiling Haspengouw . Ongoing Russian boycott, combined with poor weather conditions, have created continuing issues with the local, Belgian growers Further company coverage: [GRYFO.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Greenyard Foods Q1 group sales up 8.4 pct at 1.12 bln euros
Tuesday, 30 Aug 2016 11:49am EDT 

Greenyard Foods NV :Q1 group sales total 1.12 billion euros ($1.25 billion) versus 1.03 billion euros a year ago.  Full Article

BRIEF-Greenyard H1 REBITDA down at ‍​73.4 million euros

* H1 SALES EUR ‍​2.09 BILLION VERSUS EUR 2.15 BILLION YEAR AGO