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Capital Stage AG (HWAG.DE)

HWAG.DE on Xetra

6.46EUR
15 Dec 2017
Change (% chg)

€0.13 (+2.09%)
Prev Close
€6.32
Open
€6.31
Day's High
€6.46
Day's Low
€6.31
Volume
347,657
Avg. Vol
196,555
52-wk High
€6.78
52-wk Low
€5.85

Latest Key Developments (Source: Significant Developments)

Capital Stage 9-month EBIT up 64 pct at 90 million euros
Tuesday, 21 Nov 2017 02:59am EST 

Nov 21 (Reuters) - CAPITAL STAGE AG ::9M SALES ROSE 67 PERCENT TO 180 MILLION EUR.9-MONTH ‍SALES INCREASE TO EUR 180M (+67% YOY)​.9-MONTH ‍EBIT REACHES OVER EUR 90M (+64% YOY)​.‍MANAGEMENT VERY OPTIMISTIC TO REACH GUIDANCE FOR FULL FY2017​.9-MONTH ‍EBITDA ROSE FROM EUR 85.6 MILLION TO EUR 142.1 MILLION (+66%)​.  Full Article

Capital Stage enters long-term strategic partnership with Solarcentury
Thursday, 2 Nov 2017 03:53am EDT 

Nov 2 (Reuters) - CAPITAL STAGE AG ::ENTERS A LONG-TERM STRATEGIC PARTNERSHIP WITH SOLAR DEVELOPER SOLARCENTURY.‍HAS POTENTIAL TO SIGNIFICANTLY INCREASE ITS GENERATING CAPACITY FROM ABOUT 1.4 GW TO UP TO 2.5 GW​.  Full Article

Capital Stage buys additional wind turbine generators in Lower Saxony
Monday, 23 Oct 2017 08:28am EDT 

Oct 23 (Reuters) - CAPITAL STAGE AG ::DGAP-NEWS: CAPITAL STAGE AG ACQUIRES ADDITIONAL WIND TURBINE GENERATORS IN LOWER SAXONY WITH A TOTAL GENERATION CAPACITY OF 10 MW.TOTAL INVESTMENT VOLUME, INCLUDING PROJECT-RELATED DEBT FINANCING,AMOUNTS TO APPROXIMATELY EUR 21.9 MILLION​.‍EXPECTS INSTALLATIONS TO GENERATE REVENUE OF ABOUT 2 MILLION EUROS FROM FIRST FY OF OPERATION ONWARDS​.  Full Article

Capital Stage acquires 20MW solar and wind energy plants
Tuesday, 17 Oct 2017 06:49am EDT 

Oct 17 (Reuters) - CAPITAL STAGE AG ::ACQUIRES SOLAR AND WIND ENERGY PLANTS WITH A TOTAL CAPACITY OF ALMOST 20 MW FOR INSTITUTIONAL FUND INVESTORS.‍TOTAL OUTPUT OF ASSETS MANAGED FOR INSTITUTIONAL INVESTORS HAS INCREASED TO OVER 300 MW​.  Full Article

Capital Stage successfully places perpetual subordinated bonds of EUR 97.3 mln
Wednesday, 6 Sep 2017 09:03am EDT 

Sept 6 (Reuters) - CAPITAL STAGE AG ::DGAP-ADHOC: CAPITAL STAGE AG SUCCESSFULLY PLACES PERPETUAL SUBORDINATED BONDS OF EUR 97.3 MILLION WITH TIME LIMITED CONVERSION RIGHTS INTO ORDINARY BEARER SHARES OF THE COMPANY.‍PROCEEDS OF OFFERING WILL BE USED TO FINANCE FURTHER GROWTH OF CAPITAL STAGE​.‍INITIAL CONVERSION PRICE IS SET AT EUR 7.5943​.‍PREMIUM OF 25.0% TO VOLUME WEIGHTED AVERAGE PRICE OF ORDINARY SHARES ON XETRA BETWEEN LAUNCH AND PRICING​.‍FROM CLOSING DATE AND UNTIL FIRST CALL DATE, BONDS BEAR INTEREST AT A FIXED RATE OF 5.25% PER ANNUM​.  Full Article

Capital Stage announces launch of offering of approx EUR 100 mln bonds
Wednesday, 6 Sep 2017 02:33am EDT 

Sept 6 (Reuters) - CAPITAL STAGE AG ::DGAP-ADHOC: CAPITAL STAGE AG ANNOUNCES THE LAUNCH OF AN OFFERING OF APPROXIMATELY EUR 100 MILLION PERPETUAL SUBORDINATED BONDS WITH TIME LIMITED CONVERSION RIGHTS INTO ORDINARY BEARER SHARES OF THE COMPANY.‍ISSUER OF BONDS IS CAPITAL STAGE FINANCE B.V., A WHOLLY OWNED SUBSIDIARY OF CAPITAL STAGE​.INITIAL CONVERSION PRICE IS EXPECTED TO BE AT A PREMIUM OF 22.5 - 27.5%.FROM CLOSING DATE AND UNTIL FIRST CALL DATE, BONDS ARE EXPECTED TO CARRY A COUPON IN RANGE OF 5.000 - 5.500 % PER ANNUM.AFTER FIRST CALL DATE, BONDS ARE EXPECTED TO BEAR INTEREST EQUAL TO 11.0 % ABOVE 5 YEAR EUR SWAP RATE.SETTLEMENT FOR BOND OFFERING IS EXPECTED TO TAKE PLACE ON SEPTEMBER 13, 2017.  Full Article

Capital Stage raises FY outlook
Thursday, 24 Aug 2017 02:55am EDT 

Aug 24 (Reuters) - CAPITAL STAGE AG ::DGAP-ADHOC: CAPITAL STAGE AG INCREASES ITS FORECASTS FOR THE 2017 FINANCIAL YEAR FOLLOWING STRONG GROWTH IN THE FIRST HALF OF 2017.H1 REVENUE COMPARED TO SAME PERIOD IN PREVIOUS YEAR UP BY MORE THAN 75 PER CENT TO EUR 113.8 MILLION.‍HAS ADJUSTED ITS GUIDANCE FOR 2017 FINANCIAL YEAR ORIGINALLY PUBLISHED IN DECEMBER 2016​.NOW EXPECTS 2017 REVENUE OF GREATER THAN EUR 215 MILLION (PREVIOUSLY EUR 200 MILLION).FY OUTLOOK: EBITDA SHOULD THEREFORE INCREASE TO MORE THAN EUR 160 MILLION (PREVIOUSLY EUR 150 MILLION)​.OPERATING EARNINGS BEFORE INTEREST AND TAXES (EBIT) SHOULD COME IN AT OVER EUR 97 MILLION (PREVIOUSLY EUR 90 MILLION) IN 2017.H1 EBITDA WENT UP FROM EUR 50.8 MILLION TO EUR 88.0 MILLION.OUTLOOK 2017: CASH FLOW FROM OPERATING ACTIVITIES IS EXPECTED TO CLIMB TO OVER EUR 150 MILLION (PREVIOUSLY EUR 140 MILLION).H1 EBIT IMPROVED COMPARED TO PREVIOUS YEAR BY NO LESS THAN 75 PER CENT AND REACHED A LEVEL OF EUR 55.9 MILLION.  Full Article

Capital Stage acquires additional wind turbine generators in Denmark
Monday, 7 Aug 2017 04:17am EDT 

Aug 7 (Reuters) - CAPITAL STAGE AG ::DGAP-NEWS: CAPITAL STAGE AG ACQUIRES ADDITIONAL WIND TURBINE GENERATORS IN DENMARK WITH A TOTAL GENERATION CAPACITY OF NEARLY 10 MW.TOTAL INVESTMENT VOLUME FOR WIND PARKS, INCLUDING PROJECT-RELATED DEBT FINANCING, WILL AMOUNT TO APPROXIMATELY EUR 12.0 MILLION.ASSUMES THAT WIND PARK WILL GENERATE REVENUE CONTRIBUTIONS OF SOME EUR 1.4 MILLION PER YEAR.  Full Article

Capital Stage buys additional wind installations in Germany
Wednesday, 2 Aug 2017 04:00am EDT 

Aug 2 (Reuters) - CAPITAL STAGE AG ::DGAP-NEWS: CAPITAL STAGE AG: CAPITAL STAGE AG ACQUIRES ADDITIONAL WIND INSTALLATIONS IN GERMANY WITH A TOTAL GENERATION CAPACITY OF NEARLY 17 MW.TOTAL INVESTMENT VOLUME FOR WIND PARKS, INCLUDING LOANS IN RELATION TO PROJECTS, WILL BE APPROXIMATELY EUR 39.6 MILLION.  Full Article

Capital Stage says scrip dividend well accepted
Monday, 26 Jun 2017 04:19am EDT 

June 26 (Reuters) - CAPITAL STAGE AG ::SCRIP DIVIDEND ONCE AGAIN WELL ACCEPTED.ACCEPTANCE RATE AMOUNTED TO OVER 50 PER CENT.WE PLAN TO OFFER OUR SHAREHOLDERS A GRADUAL DIVIDEND INCREASE OF 50 PER CENT TO EUR 0.30 PER DIVIDEND-ENTITLED SHARE OVER NEXT FIVE YEARS.  Full Article