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Intertrust NV (INTER.AS)

INTER.AS on Amsterdam Stock Exchange

15.33EUR
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Intertrust Nominates Stephanie D. Miller As New CEO
Tuesday, 5 Dec 2017 01:15am EST 

Dec 5 (Reuters) - Intertrust Nv ::REG-INTERTRUST NOMINATES STEPHANIE D. MILLER AS NEW CEO.‍SUBJECT TO APPROVAL, MILLER WILL BE APPOINTED AS CEO FOR PERIOD OF FOUR YEARS, STARTING 22 JANUARY 2018​.CURRENT MEMBER OF MANAGEMENT BOARD AND CEO, DAVID DE BUCK, TO BE AVAILABLE UNTIL 17 MAY 2018.  Full Article

Intertrust announces start of share repurchase programme of up to 50 million euros
Monday, 13 Nov 2017 01:15am EST 

Nov 13 (Reuters) - INTERTRUST NV ::REG-INTERTRUST N.V. ANNOUNCES START OF SHARE REPURCHASE PROGRAMME OF UP TO EUR 50 MILLION.  Full Article

Intertrust 9 months adjusted EBITA up at 134.2 million euros‍​
Thursday, 9 Nov 2017 01:15am EST 

Nov 9 (Reuters) - INTERTRUST NV ::Q3 REVENUE INCREASED 33.7% YOY TO EUR 118.1 MILLION, UP 6.7% ON AN UNDERLYING BASIS ‍​.9-MONTH ADJUSTED EBITA EUR 134.2 MILLION VERSUS EUR 105.6 MILLION YEAR AGO.9-MONTH ADJUSTED NET INCOME EUR 100.9 ‍ MILLION VERSUS EUR 77.7 MILLION YEAR AGO.INTENDS TO INITIATE A SHARE REPURCHASE PROGRAMME OF UP TO EUR 50 MILLION AT SHORT NOTICE‍​.CEO SEARCH IS ONGOING.FY 2017 DIVIDEND POLICY CONTINUES TO BE DISTRIBUTION OF 40-50% OF ADJUSTED NET INCOME‍​.FULL YEAR 2017 GUIDANCE REITERATED.9M CASH FROM OPERATING ACTIVITIES AT EUR 108.6 MILLION.  Full Article

Intertrust appointments Hans Turkesteen as interim CFO
Thursday, 9 Nov 2017 01:15am EST 

Nov 9 (Reuters) - INTERTRUST NV ::REG-INTERTRUST ANNOUNCES APPOINTMENT OF INTERIM CFO.REG-INTERTRUST ANNOUNCES APPOINTMENT OF INTERIM CFO.‍APPOINTMENT OF HANS TURKESTEEN AS INTERIM CHIEF FINANCIAL OFFICER EFFECTIVE IMMEDIATELY​.‍MAARTEN DE VRIES WILL STAY WITH COMPANY UNTIL 31 DECEMBER 2017​.  Full Article

Intertrust says CFO Maarten de Vries to step down
Tuesday, 19 Sep 2017 02:00am EDT 

Sept 19 (Reuters) - INTERTRUST NV ::REG-INTERTRUST N.V. ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.ANNOUNCES THAT MAARTEN DE VRIES, CHIEF FINANCIAL OFFICER AND MEMBER OF MANAGEMENT BOARD IS TO STEP DOWN.CFO TO STEP DOWN BEFORE END OF YEAR.  Full Article

Intertrust H1 adjusted EBITA up at 87.8 million euros
Thursday, 24 Aug 2017 01:15am EDT 

Aug 24 (Reuters) - INTERTRUST NV ::H1 ADJUSTED EBITA EUR 87.8 MILLION VERSUS EUR 71.1 MILLION YEAR AGO.H1 ADJUSTED REVENUE EUR 239.7 MILLION VERSUS EUR 176.7 MILLION YEAR AGO.H1 ADJUSTED NET INCOME EUR 64.5 MILLION VERSUS EUR 51.9 MILLION YEAR AGO.SAYS ELIAN SYNERGY REALISATION CONTINUES ON TRACK; THE IT INTEGRATION IS NOW EXPECTED TO BE COMPLETED IN 2019.TO PAY A DIVIDEND OF EUR 0.28 ON NOVEMBER 29.MANAGEMENT REITERATES FULL YEAR 2017 GUIDANCE FOR UNDERLYING REVENUE OF AT LEAST 3.5% YEAR-ON-YEAR AND FOR ADJUSTED EBITA MARGIN BETWEEN 37.5-38.5%.IS SUSPENDING ITS M&A ACTIVITIES WHILE THEY PRIORITISE THE INTEGRATION OF ELIAN IN THE NEAR-TERM.  Full Article

Intertrust announces intention of CEO David de Buck not to seek reappointment
Thursday, 24 Aug 2017 01:15am EDT 

Aug 24 (Reuters) - INTERTRUST NV : :REG-INTERTRUST N.V. ANNOUNCES INTENTION OF CEO NOT TO SEEK REAPPOINTMENT.DAVID DE BUCK SAID NOT TO SEEK ANOTHER FOUR YEAR TERM AS CEO OF INTERTRUST.ANNOUNCES THAT CHIEF EXECUTIVE OFFICER DAVID DE BUCK WILL NOT SEEK REAPPOINTMENT AT END OF HIS TERM IN MAY OF 2018.  Full Article

Intertrust lowers FY adjusted EBITA margin guidance
Tuesday, 25 Jul 2017 01:15am EDT 

July 25 (Reuters) - INTERTRUST NV ::EXPECTS REVENUE OF EUR 118.1 MILLION FOR Q2 2017, AN UNDERLYING CHANGE OF -0.1% YEAR-ON-YEAR .EXPECTS ADJUSTED EBITA MARGIN OF 35.3% FOR Q2 2017.‍SYNERGIES RELATED TO ELIAN ACQUISITION REMAIN ON TRACK​.FOR FULL YEAR 2017, WE REVISE UNDERLYING REVENUE GROWTH GUIDANCE TO AT LEAST 3.5% YEAR-ON-YEAR..ADJUSTED EBITA MARGIN GUIDANCE OF APPROXIMATELY 39.9% FOR FULL YEAR 2017 IS LOWERED TO 37.5-38.5%.NON-RECURRING ITEMS DURING FIRST HALF OF 2017 (SIX MONTHS ENDED 30 JUNE 2017) OF EUR 2.9 MILLION (APPROX. 60 BPS IMPACT ON A FULL YEAR BASIS).IN Q2 EXPECTS LOWER THAN EXPECTED REVENUE PERFORMANCE IN NETHERLANDS.  Full Article

Intertrust Q1 revenue up 38.4 pct year-on-year at 121.6 million euros
Thursday, 4 May 2017 01:15am EDT 

May 4 (Reuters) - Intertrust Nv : :Q1 2017 results.Revenue in Q1 increased by 38.4 pct year-on-year to 121.6 million euros ($132.47 million).Reiterates the guidance given at the time of the announcement of the Q4 2016 results, with the exception of CAPEX, for which more precise guidance is given.Q1 adjusted EBITA 46.2 million euros versus 36.0 million euros year ago.Q1 adjusted net income 33.0 million euros versus 25.5 million euros year ago.For 2017 sees capex (previously 2-2.5 pct of revenue), now revised to less than 2 pct of revenue.Dividend policy over 2017 continues to be 40-50 pct of adjusted net income.2017 Capex (previously 2-2.5 pct of revenue), now revised to less than 2 pct of revenue.Underlying revenue growth for 2017 is expected to be between 4-5 pct.2017 Expected adjusted EBITA margin being roughly stable versus 2016 (39.9 pct)..Guidance on synergies (GBP 10.4 million by the end of CY 2018E, of which 75 pct by end CY 2017E), effective tax rate (circa 16 pct), and cash conversion (in line with historical rates) remain unchanged..  Full Article

Intertrust intends to repurchase shares
Wednesday, 22 Mar 2017 02:23am EDT 

Intertrust NV : Intends to repurchase up to 1,856,354 of its ordinary shares . Repurchase transactions may be effected between 22 march 2017 and 6 October 2017 . Ordinary shares will be repurchased at a price that does not exceed a maximum of 110 pct of average closing price of five trading days immediately preceding date of repurchase .Contemplated repurchase of ordinary shares will be funded from intertrust's available cash resources.  Full Article

Overhauling management, Akzo Nobel hires Intertrust CFO De Vries

AMSTERDAM, Sept 19 Dutch paint maker Akzo Nobel , which rejected a 26 billion euro ($31.2 billion) takeover approach from U.S. rival PPG Industries this year -- has hired a new chief financial officer from financial services group Intertrust.