Edition:
United States

Impexmetal SA (IPXP.WA)

IPXP.WA on Warsaw Stock Exchange

4.41PLN
5:28am EST
Change (% chg)

0.02zł (+0.46%)
Prev Close
4.39zł
Open
4.44zł
Day's High
4.44zł
Day's Low
4.41zł
Volume
3,259
Avg. Vol
139,109
52-wk High
4.80zł
52-wk Low
3.92zł

Latest Key Developments (Source: Significant Developments)

Impexmetal Allots 404.5 Mln Zlotys More For Share Buyback
Monday, 19 Feb 2018 10:01am EST 

Feb 19 (Reuters) - IMPEXMETAL SA ::SAYS ITS SHAREHOLDERS RESOLVE TO INCREASE RESERVE CAPITAL FOR FINANCING OWN SHARES' BUYBACK BY 404.5 MILLION ZLOTYS.SHAREHOLDERS RESOLVE TO BUY BACK UP TO 75 MILLION OWN SHARES REPRESENTING 37.5% OF COMPANY'S SHARE CAPITAL .  Full Article

Krezus Signs LOI With Boryszew For Acqusition Of WMD
Thursday, 18 Jan 2018 05:45am EST 

Jan 18 (Reuters) - Krezus Sa ::SIGNS A LETTER OF INTENT (LOI) WITH BORYSZEW <<>> FOR ACQUSITION OF WM DZIEDZICE.THE FINAL PRICE FOR WM DZIEDZICE (WMD) TO BE SET FOLLOWING NEGOTIATIONS AND WILL BE AROUND 160 MILLION ZLOTYS.THE LOI IS VALID UNTIL MAY 31, 2018.BORYSZEW AND IMPEXMETAL <<>> INFORMED THAT THEY JOINED PRELIMINARY TALKS WITH KREZUS ON JAN. 15 nL8N1PB0YT.  Full Article

Krezus Plans To Acquire WMD For 160 Mln Zlotys
Tuesday, 16 Jan 2018 02:34am EST 

Jan 16 (Reuters) - KREZUS SA , BORYSZEW , IMPEXMETAL ::BORYSZEW AND ITS UNIT IMPEXMETAL SAID ON MONDAY THAT THEY HAVE RECEIVED AN OFFER FROM KREZUS FOR AN ACQUISITION OF WALCOWNIA METALI DZIEDZICE (WMD) FOR 160 MILLION ZLOTYS.KREZUS SAYS THAT THE FINAL PRICE WOULD BE SET AFTER DUE DILIGENCE CHECKS AND THE COMPANY PLANS TO PAY FOR THE TRANSACTION FROM AN INVESTMENT LOAN AND OWN FUNDS.BORYSZEW AND IMPEXMETAL INFORMED THAT THEY HAVE JOINED PRELIMINARY TALKS WITH KREZUS BUT THAT NO DECISION HAS BEEN MADE YET REGARDING THE POTENTIAL TRANSACTION.ALL THREE FIRMS ARE CONTROLLED BY THE POLISH BUSINESSMAN RYSZARD KARKOSIK.  Full Article

Impexmetal To Revise Strategic Options
Thursday, 11 Jan 2018 01:48am EST 

Jan 11 (Reuters) - IMPEXMETAL SA ::SAID ON WEDNESDAY THAT IT RECEIVED INFORMATION FROM BORYSZEW SA <<>> ABOUT POTENTIAL INTEREST OF INVESTOR IN A TAKEOVER OF ALUMINIUM KONIN PLANT .MANAGEMENT TEAM DECIDED TO COOPERATE WITH BORYSZEW, CO'S PARENT COMPANY, ON REVISION OF STRATEGIC OPTIONS DURING WHICH CONDITIONS OF POTENTIAL TRANSACTION MIGHT BE SETTLED .  Full Article

Boryszew Revokes Its FY 2017 Financial Forecast
Wednesday, 3 Jan 2018 02:22am EST 

Jan 3 (Reuters) - BORYSZEW SA ::SAID ON TUESDAY THAT IT HAS DECIDED TO REVOKE ITS FINANCIAL FORECAST FOR 2017.ITS MANAGEMENT PLANS TO INCLUDE IN ITS CONSOLIDATED FY 2017 FINANCIAL STATEMENTS THE RISKS RELATED TO THE TAX CONTROL PROCEEDINGS AT ITS INDIRECTLY OWNED UNIT, ZM SILESIA SA.IN MARCH 2017, THE COMPANY SAW FY 2017 EBITDA OF 539.7 MILLION ZLOTYS AND NET PROFIT OF 305.5 MILLION ZLOTYS nFWN1H602M.TAX AUTHORITIES HAVE INITIALLY DETERMINED FOR ZM SILESIA THE AMOUNT OF VAT TAX DUE FOR SOME MONTHS OF 2012 AT ABOUT 29 MILLION ZLOTYS.ACCORDING TO THE TAX REGULATOR ZM SILESIA DID NOT KEEP DUE DILIGENCE IN VERIFYING THE TAX RELIABILITY OF SOME OF ITS SUPPLIERS WHO DID NOT PAY THE DUE VAT TAX.CONSEQUENTLY, ACCORDING TO THE TAX REGULATOR, ZM SILESIA DID NOT HAVE THE RIGHT TO REDUCE THE TAX DUE FOR INPUT TAX SHOWN ON INVOICES ISSUED BY THESE CONTRACTORS.SAID ZM SILESIA INTENDS TO DEFEND ITS POSITION ON LACK OF ANY TAX ARREAR FOR THAT YEAR.IMPEXMETAL SAID ON TUESDAY IT ALSO WILL INCLUDE IN ITS FY 2017 FINANCIAL STATEMENTS THE RISKS RELATED TO THE TAX CONTROL PROCEEDINGS AT ZM SILESIA.  Full Article

Impexmetal Q3 net profit down at 44.7 mln zlotys
Friday, 10 Nov 2017 11:25am EST 

Nov 10 (Reuters) - IMPEXMETAL SA ::Q3 NET PROFIT 44.7 MILLION ZLOTYS VERSUS 49.1 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 839.6 MILLION ZLOTYS VERSUS 724.4 MILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 63.0 MILLION ZLOTYS VERSUS 67.3 MILLION ZLOTYS YEAR AGO.  Full Article

Impexmetal H1 net profit up at 72.4 million zlotys
Monday, 28 Aug 2017 02:22am EDT 

Aug 28 (Reuters) - IMPEXMETAL SA ::SAID ON FRIDAY THAT H1 NET PROFIT WAS 72.4 MILLION ZLOTYS VERSUS 62.2 MILLION ZLOTYS YEAR AGO.H1 OPERATING PROFIT 93.3 MILLION ZLOTYS VERSUS 83.9 MILLION ZLOTYS YEAR AGO.H1 REVENUE 1.71 BILLION ZLOTYS VERSUS 1.48 BILLION ZLOTYS YEAR AGO.  Full Article

Impexmetal signs LoI to sell 98.35 pct of FLT Polska
Thursday, 24 Aug 2017 01:54am EDT 

Aug 24 (Reuters) - IMPEXMETAL SA ::SAID ON WEDNESDAY THAT IT SIGNED LETTER OF INTENT TO SELL ITS 98.35 PERCENT STAKE IN FLT POLSKA SPOLKA Z O.O. TO CHINESE INVESTOR.  Full Article

Funds managed by Altus TFI lower its stake in Impexmetal to 1.54 pct
Monday, 24 Jul 2017 11:21am EDT 

July 24 (Reuters) - IMPEXMETAL SA ::FUNDS MANAGED BY ALTUS TFI LOWER ITS STAKE IN CO TO 1.54 PERCENT FROM 6.48 PERCENT.  Full Article

Impexmetal Q1 net profit rises to 28.8 million zlotys
Friday, 12 May 2017 12:15pm EDT 

May 12 (Reuters) - IMPEXMETAL SA ::Q1 NET PROFIT 28.8 MILLION ZLOTYS VERSUS 25.4 MILLION ZLOTYS A YEAR AGO.Q1 REVENUE 850.8 MILLION ZLOTYS VERSUS 739.9 MILLION ZLOTYS A YEAR AGO.Q1 OPERATING PROFIT 40.1 MILLION ZLOTYS VERSUS ADJUSTED PROFIT OF 34.4 MILLION ZLOTYS A YEAR AGO.  Full Article