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SGL Carbon SE (SGCG.DE)

SGCG.DE on Xetra

10.98EUR
8 Dec 2017
Change (% chg)

€0.06 (+0.60%)
Prev Close
€10.91
Open
€10.99
Day's High
€11.35
Day's Low
€10.91
Volume
530,146
Avg. Vol
438,701
52-wk High
€14.70
52-wk Low
€7.78

Latest Key Developments (Source: Significant Developments)

SGL Carbon acquires BMW's minority interest in joint venture SGL ACF
Friday, 24 Nov 2017 07:42am EST 

Nov 24 (Reuters) - SGL CARBON SE ::ACQUIRES BMW GROUP'S MINORITY INTEREST IN THE JOINT VENTURE SGL AUTOMOTIVE CARBON FIBERS (SGL ACF).‍TRANSACTION INCREASES SALES, EBITDA AND NET DEBT OF SGL CARBON SE IN FISCAL YEAR 2018​.‍MID-TERM TARGETS OF SGL CARBON SE REMAIN UNCHANGED​.‍NO IMPACT ON BMW AG'S SHAREHOLDING IN SGL CARBON SE​.‍WILL ACQUIRE 49% STAKE FROM BMW GROUP IN STAGES BETWEEN EARLY 2018 UNTIL END 2020 AT LATEST.SGL CARBON SE - 2018 ‍SALES IS EXPECTED TO INCREASE BY MID-DOUBLE DIGIT AND GROUP EBITDA BY LOW DOUBLE DIGIT MILLION EURO AMOUNT​.  Full Article

SGL Groups lifts 2017 sales target
Thursday, 9 Nov 2017 01:32am EST 

Nov 9 (Reuters) - Sgl Group :Says now sees 2017 sales up by around 10 percent versus previous forecast for high single-digit percentage.Affirms guidance for 2017 ebitda, ebit before one-offs to rise faster than sales.Sgl says still sees 2017 net loss from continuing operations in mid-double digit million euro range due to one-offs.Sgl 9m sales from continuing operations up 14.2 percent at 642.1 million euros.Sgl 9m underlying ebitda up 43 percent at 70.1 million euros, underlying ebit at 33 million versus year-earlier 12.8 million.Sgl 9m consolidated net result 5.3 million eur versus year-earlier loss 124.1 million.  Full Article

SGL Carbon buys Benteler’s 50-pct share in JV Benteler-SGL
Wednesday, 8 Nov 2017 09:03am EST 

Nov 8 (Reuters) - SGL CARBON SE ::BENTELER AND SGL GROUP AGREE TO SALE OF BENTELER SHARES IN THE JOINT VENTURE BENTELER-SGL TO SGL GROUP‍​.ACQUIRES BENTELER’S 50-PERCENT SHARE IN THE JOINT VENTURE BENTELER-SGL.  Full Article

SGL Carbon: antitrust authorities approve sale of graphite electrode business to Showa Denko
Thursday, 28 Sep 2017 01:49am EDT 

Sept 28 (Reuters) - SGL CARBON SE :ANTITRUST AUTHORITIES APPROVE SALE OF SGL GROUP’S GRAPHITE ELECTRODE BUSINESS TO SHOWA DENKO.PREPARATIONS ARE UNDER WAY FOR THE EARLY REDEMPTION OF THE CORPORATE BOND 2013/2021.IS CURRENTLY EXPECTING CASH PROCEEDS FROM SALE OF AT LEAST 230 MILLION EUROS.250 MILLION EUROS CORPORATE BOND WILL BE REDEEMED EARLY WITH THE PROCEEDS FROM THE SALE OF THE GRAPHITE ELECTRODE BUSINESS.CONVERTIBLE BOND WITH ORIGINAL NOMINAL OF 240 MILLION EUROS AND MATURITY IN JAN 2018 TO BE PAID BACK AT MATURITY WITH PROCEEDS FROM SALE OF CFL/CE BUSINESS‍​.  Full Article

SGL Q2 adj EBIT 12.9 mln eur vs 10.6 mln poll avg
Thursday, 10 Aug 2017 01:37am EDT 

Aug 10 (Reuters) - SGL :Q2 sales 219 million eur.Q2 net loss 3.3 million eur.Says confirms guidance as published in march 2017.Reuters poll avg for SGL Q2 sales was 213 mln eur, for adj ebit was 10.6 mln eur.  Full Article

SGL Group to sell CFL/CE business to Triton
Tuesday, 8 Aug 2017 12:27pm EDT 

Aug 8 (Reuters) - SGL CARBON SE ::DGAP-ADHOC: SGL CARBON SE: SGL GROUP SIGNS AGREEMENT TO SELL ITS CATHODES, FURNACE LININGS, AND CARBON ELECTRODES (CFL/CE) BUSINESS TO TRITON.‍ENTERPRISE VALUE OF 250 MILLION EUROS AGREED - TRANSLATING INTO CASH PROCEEDS OF MORE THAN 230 MILLION EUROS​.‍TRANSACTION EXPECTED TO CLOSE IN Q4 OF 2017​.‍SALE WILL RESULT IN A BOOK PROFIT OF APPROX. 130 MILLION EUROS IN CURRENT FISCAL YEAR OF SGL GROUP​.‍AS PREVIOUSLY OUTLINED, PROCEEDS WILL BE USED TO PAY BACK DEBT​.  Full Article

SGL Carbon acquires shares from Tokai Carbon Co. Ltd. in Asian joint venture‍​
Tuesday, 18 Jul 2017 04:04am EDT 

July 18 (Reuters) - SGL CARBON SE :ACQUIRES SHARES FROM TOKAI CARBON CO. LTD. IN ASIAN JOINT VENTURE‍​.AGREED TO KEEP THE PURCHASE PRICE CONFIDENTIAL.  Full Article

SGL Carbon invests additional EUR 1 mln in its Yangquan site
Friday, 7 Jul 2017 04:44am EDT 

July 7 (Reuters) - SGL CARBON SE ::INVESTED AROUND 1 MILLION EUROS ADDITIONALLY IN DEVELOPMENT OF ITS YANGQUAN SITE, IN CHINESE PROVINCE OF SHANXI‍​.  Full Article

SGL sticks with guidance after Q1 results
Thursday, 11 May 2017 02:13am EDT 

May 11 (Reuters) - SGL Group :Q1 sales from continuing operations up 15.4 percent at 216.3 million eur.Q1 EBIT before non-recurring charges up 50 percent at 9.6 million eur.Q1 net loss narrows to 0.3 million eur versus 26.4 million.Says outlook for 2017 confirmed.Says net financial debt at year-end 2017 should be significantly below the year-end 2016 leve.  Full Article

SGL Carbon Q1 consolidated net loss shrinks to EUR 0.3 mln
Thursday, 11 May 2017 01:39am EDT 

May 11 (Reuters) - SGL CARBON SE ::Q1 GROUP SALES FROM CONTINUING OPERATIONS UP BY 15.4 PERCENT TO 216.3 MILLION EUROS.OUTLOOK FOR 2017 CONFIRMED.Q1 RECURRING GROUP EBIT IMPROVES TO 9.6 MILLION EUROS.Q1 AFTER TAXES AND DEDUCTION OF NON-CONTROLLING INTERESTS, THE GROUP’S CONSOLIDATED NET RESULT AMOUNTED TO MINUS 0.3 (PREVIOUS YEAR: MINUS 26.4) MILLION EUROS.  Full Article

SGL to buy BMW's stake in carbon fiber joint venture​

FRANKFURT German carbon chemical company SGL Group said on Friday it would gradually buy BMW's stake in their joint venture for the production of carbon fiber.