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Orior AG (ORON.S)

ORON.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Orior: Gross Proceeds Of CHF 44.7 Mln From Share Placement
Wednesday, 7 Mar 2018 01:00am EST 

March 7 (Reuters) - Orior AG ::SUCCESSFULLY PLACED 592,499 NEW SHARES AND GENERATED GROSS PROCEEDS OF CHF 44.7 MILLION.  Full Article

Orior Launches Placement Of Up To 0.6 Mln New Shares
Tuesday, 6 Mar 2018 11:30am EST 

March 6 (Reuters) - Orior AG ::LAUNCHES A PLACEMENT OF UP TO 592,499 NEW SHARES THROUGH AN ACCELERATED BOOKBUILDING.NEW REGISTERED SHARES WITH A PAR VALUE OF CHF 4.00 PER SHARE.AS A RESULT, SHARE CAPITAL WILL INCREASE BY A MAXIMUM OF 9.99%.NET PROCEEDS FROM CAPITAL INCREASE WILL BE USED TO FINANCE CONTEMPLATED ACQUISITION OF THURELLA.NEBAG AG, MAIN SHAREHOLDER OF THURELLA, HAS COMMITTED TO PURCHASE 100,000 NEW SHARES.EGS BETEILIGUNGEN COMMITTED TO PURCHASE NEW SHARES PROPORTIONALLY TO ITS SHAREHOLDING OF 10.5% IN ORIOR.BOTH INVESTORS HAVE AGREED TO A LOCK-UP PERIOD OF 90 DAYS.  Full Article

Orior AG ‍Revenues Increased By 10.9 pct To CHF 585.5 Mln​ For 2017
Thursday, 1 Mar 2018 12:00am EST 

March 1 (Reuters) - Orior Ag ::‍REVENUES INCREASED BY 10.9% TO CHF 585.5 MILLION​ FOR 2017.‍BOARD OF DIRECTORS WILL PROPOSE ANOTHER INCREASE IN DIVIDEND TO CHF 2.17 PER SHARE AT ANNUAL GENERAL MEETING ON 12 APRIL 2018​.‍EBITDA UP 12.1% TO CHF 57.7 MILLION ON IMPROVING MARGINS AND NET PROFIT UP 12.8% TO CHF 32.0 MILLION​ FOR 2017.‍ORIOR IS ACQUIRING A MAJORITY INTEREST OF 65% IN THURELLA AG​.‍OFFER PRICE OF CHF 150 PER SHARE, LESS DIVIDEND OF CHF 2.00 PER SHARE FOR 2017 FY WILL LIKELY BE APPROVED AT GENERAL MEETING OF THURELLA AG​.‍ACQUISITION WILL BE FINANCED WITH AVAILABLE CASH AS WELL AS AN EXISTING CREDIT LINE​.  Full Article

Orior ‍successfully issues a CHF 110 mln bond​
Thursday, 31 Aug 2017 12:00pm EDT 

Aug 31 (Reuters) - ORIOR AG ::‍SUCCESSFULLY ISSUES A CHF 110 MILLION BOND​.‍BOND HAS A COUPON OF 0.625% AND A MATURITY OF 6 YEARS​.‍PAYMENT DATE IS 26 SEPTEMBER 2017​.  Full Article

Orior H1 revenues up 17.4 percent to CHF 281.3 million
Tuesday, 22 Aug 2017 12:00am EDT 

Aug 22 (Reuters) - Orior Ag - :H1 revenues up 17.4 percent to CHF 281.3 million.Net profit for the period rose by 22.3% from the prior-year period to CHF 14.8 million.H1 EBITDA increased by 22.0% to CHF 27.7 million and the ebitda margin improved 37 basis points to 9.9%.Says second half of year will be distinguished by new products, concepts, packaging designs and by innovation throughout value chain.  Full Article

Orior H1 EBIT up 3.0% to 15.5 mln Swiss francs
Tuesday, 23 Aug 2016 12:44am EDT 

Orior AGv : Improvement of first-half operating results: EBITDA up 1.3% to 22.7 million Swiss francs ($23.61 million), EBIT up 3.0% to 15.5 million Swiss francs and net profit up 17.4% to 12.1 million Swiss francs . H1 revenues of 239.5 million Swiss francs, 0.8% lower than in 1H 2015 . Culinor CEO Filip De Spiegeleire appointed to the Management Board of ORIOR AG . Filip De Spiegeleire will also be appointed CEO of ORIOR Europe and will take a seat on the Management Board of ORIOR AG . Culinor Food Group acquired, strengthening of ORIOR’s core competence in the attractive premium fresh convenience food market . Acquisition will take effect from end of August 2016 .Looking ahead to the second half of 2016, we expect the general environment to be very challenging and revenues will continue to be pressured by market forces and, in particular, pricing dynamics.  Full Article

BRIEF-Orior Announces End Results For Offer Of Thurella

* UNTIL END OF ADDITIONAL ACCEPTANCE PERIOD 134,095 REGISTERED SHARES WERE TENDERED TO OFFEROR