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Impexmetal SA (IPXP.WA)

IPXP.WA on Warsaw Stock Exchange

3.43PLN
17 Oct 2018
Change (% chg)

0.08zł (+2.39%)
Prev Close
3.35zł
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3.30zł
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3.52zł
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Volume
22,782
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69,636
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4.62zł
52-wk Low
3.05zł

Latest Key Developments (Source: Significant Developments)

Impexmetal Q1 Net Profit Rises To 36.6 Million Zlotys
Thursday, 10 May 2018 02:58pm EDT 

May 11 (Reuters) - IMPEXMETAL SA ::SAID ON THURSDAY THAT ITS Q1 NET PROFIT WAS 36.6 MILLION ZLOTYS VERSUS 28.8 MILLION ZLOTYS YEAR AGO.Q1 REVENUE WAS 880.5 MILLION ZLOTYS VERSUS 850.8 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT WAS 49.9 MILLION ZLOTYS VERSUS 40.1 MILLION ZLOTYS YEAR AGO.  Full Article

Impexmetal FY Net Profit Down At 76.9 Mln Zlotys
Tuesday, 24 Apr 2018 05:29pm EDT 

April 25 (Reuters) - IMPEXMETAL SA ::REPORTED ON TUESDAY FY NET PROFIT OF 76.9 MLN ZLOTYS VS 132.3MLN ZLOTYS YR AGO.FY REVENUE 3.35 BLN ZLOTYS VS 2.89 BLN ZLOTYS YR AGO.FY OPERATING PROFIT 135.7 MLN ZLOTYS VS 185.6 MLN ZLOTYS YR AGO.LOWER 2017 NET PROFIT MAINLY DUE TO CREATION OF PROVISIONS FOR TAX LIABILITIES FOR PREVIOUS YEARS IN THE AMOUNT OF 65 MILLION ZLOTYS .  Full Article

Boryszew Demands That Impexmetal Convenes EGM
Monday, 22 Jan 2018 09:09am EST 

Jan 22 (Reuters) - IMPEXMETAL ::SAYS ITS MAJORITY SHAREHOLDER, BORYSZEW <<>>, HAS DEMANDED TO CONVENE AN EXTRAORDINARY GENERAL MEETING OF IMPEXMETAL'S SHAREHOLDERS (EGM) .BORYSZEW REQUESTED TO CONVENE THE EGM TO VOTE AMONG OTHERS ON THE RETIREMENT OF IMPEXMETAL'S OWN SHARES AND LOWERING ITS SHARE CAPITAL.BORYSZEW WOULD ALSO LIKE TO VOTE ON CHANGING RESOLUTION OF SHAREHOLDERS' MEETING OF JUNE 15, 2016 ON GRANTING THE AUTHORISATION TO MANAGEMENT OVER AN INCREASE IN RESERVE CAPITAL PURPOSED FOR BUYING BACK IMPEXMETAL'S OWN SHARES.THE EGM WOULD ALSO VOTE ON DIVESTING ORGANISED PART OF THE COMPANY IN THE FORM OF ALUMINIUM KONIN.THE MAJORITY SHAREHOLDER ALSO PLANS TO AUTHORISE CHANGES IN IMPEXMETAL SUPERVISORY BOARD AND CHARTER.  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