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Hamon & Cie International SA (HAMO.BR)

HAMO.BR on Brussels Stock Exchange

1.86EUR
12 Dec 2017
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€0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Hamon & Cie International H1 net loss narrows to 11.8 million euros
Wednesday, 6 Sep 2017 03:51am EDT 

Sept 6 (Reuters) - HAMON & CIE INTERNATIONAL ::ANNOUNCED ON TUESDAY THAT H1 ORDERS AMOUNTED TO EUR 146.1‍​ MLN VS EUR 287.3 MLN YR AGO.H1 REVENUE EUR 209.5 MLN VS EUR 221.3 MLN YR AGO .H1 EBITDA LOSS EUR 10.8 ‍​ MLN VS EUR LOSS 12.4 MLN YR AGO.H1 NET LOSS EUR ‍​ 11.8 MLN VS LOSS EUR 24.8 MLN YR AGO.DECIDED TO DOWNSIZE, NOT ONLY TO RE-ESTABLISH ITS PROFITABILITY BUT ALSO TO HAVE A MORE VARIABLE COST STRUCTURE.COST SAVING PROGRAMS INITIATED IN 2016 AND 2017 HAD VERY LIMITED IMPACT IN H1 2017 (THEIR FULL BENEFIT WILL BE VISIBLE IN 2018).COST SAVING PLANS OF 2016 AND 2017 WILL HAVE AN IMPACT OF EUR 12.4 MILLION IN 2017 AND OF EUR 22.6 MILLION IN 2018.A NEW GROUP ORGANIZATION WAS APPROVED IN JUNE 2017 AND WILL BE FULLY EFFECTIVE BY YEAR-END.CO NOW ORGANIZED BY REGION AND NO LONGER BY BUSINESS UNIT WITH A REDUCED EXECUTIVE COMMITTEE.  Full Article

Hamon & Cie International announces completion of the sale of TTC
Thursday, 6 Apr 2017 03:32am EDT 

Hamon & Cie International SA :Completed its sale of its American subsidiary, Thermal Transfer Corporation, to a subsidiary of Westinghouse Air Brake Technologies Corporation (WABTEC) Full Article

Hamon & Cie International launches 13,557,241 new shares - Euronext
Friday, 23 Dec 2016 10:00am EST 

Euronext: Hamon & Cie International SA decided to proceed with a capital increase through an issue of 13,557,241 new shares with preferential subscription rights at price of 3.615 euros ($3.77) per share . Subscription period for new shares starts Dec. 27, 2016 to Jan. 13, 2017 inclusive Further company coverage: [HAMO.BR] ($1 = 0.9581 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Hamon & Cie to issue 555,556 new shares on Euronext Brussels - Euronext
Wednesday, 11 May 2016 07:39am EDT 

Hamon & Cie International SA : To issue 555,556 new shares on Euronext Brussels as of May 13 . Reason share issue: issue reserved of dedicated person Further company coverage: [HAMO.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Hamon & Cie signs 4 contracts with Arcelor Mittal
Thursday, 10 Mar 2016 04:23am EST 

Hamon & Cie (International) SA:Hamon's Air Quality System division reports signature of 4 contracts with Arcelor Mittal.  Full Article