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Saras SpA (SRS.MI)

SRS.MI on Milan Stock Exchange

1.38EUR
16 Aug 2019
Change (% chg)

€0.00 (+0.07%)
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Latest Key Developments (Source: Significant Developments)

Saras Unit Sells Spanish Service Station Network For EUR 35 Mln
Thursday, 25 Jul 2019 12:11pm EDT 

July 25 (Reuters) - Saras SpA ::NETWORK OF SERVICE STATIONS IN SPAIN OF UNIT SARAS ENERGIA SOLD TO KUWAIT PETROLEUM ESPANA.VALUE OF DISPOSAL IS EUR 35 MILLION, BROADLY IN LINE WITH BOOK VALUE.  Full Article

Saras SpA Says Shareholders Pact With Angel Capital Management SpA And Stella
Sunday, 7 Jul 2019 03:54am EDT 

July 7 (Reuters) - Saras SpA ::SHAREHOLDERS PACT ANGEL CAPITAL MANAGEMENT SPA AND STELLA HOLDING SPA.UNDER SHAREHOLDERS PACT, SHARES IN SARAS HELD BY ACM AND STELLA REPRESENT ABOUT 20.01% OF THE SHARE CAPITAL OF SARAS.  Full Article

Saras sees significant maintenance cycle in 2019 focused in Q1
Monday, 4 Mar 2019 09:27am EST 

March 4 (Reuters) - Saras SpA says in slides::SEES POSITIVE REFINING SCENARIO IN 2019 WITH AVERAGE MARGIN AHEAD OF PREVIOUS YEAR.SEES RELEVANT MAINTENANCE CYCLE IN 2019 CONCENTRATED IN Q1.H1 TO BE PENALIZED BY MAINTENANCE AND WEAK GASOLINE, H2 TO BENEFIT FROM IMO EFFECT.IMPORTANT PLANT TURNAROUNDS IN 2019-20, IN 2021-22 COMPLETED THE INVESTMENT CYCLE AND THE PLANNED MAINTENANCE IT WILL OPERATE AT FULL CAPACITY.  Full Article

Norges Bank has 3.191 pct of Italian refiner Saras
Monday, 10 Sep 2018 12:58pm EDT 

Sept 10 (Reuters) - Italian market regulator Consob says in a filing::NORGES BANK HAS 3.191 PERCENT OF ITALIAN REFINER SARAS.  Full Article

Massimo Moratti, Mobro Announce Completion Of Placement Of 95.1 Mln Shares Of Saras For 2.0 Euros Per Share
Wednesday, 5 Sep 2018 05:29pm EDT 

Sept 5 (Reuters) - Massimo Moratti ::MASSIMO MORATTI S.A.P.A. DI MASSIMO MORATTI AND MOBRO S.P.A. ANNOUNCE COMPLETION OF PLACEMENT OF 95.1 MILLION SHARES OF SARAS FOR 2.0 EUROS PER SHARE.  Full Article

Bookrunner Says Books Are Covered On Saras ABB
Wednesday, 5 Sep 2018 01:15pm EDT 

Sept 5 (Reuters) - Saras SpA's Bookrunner::BLOCKTRADE-SARAS SPA: BOOKRUNNER SAYS BOOKS ARE COVERED; ORDERS NOT AT EUR 2.00 RISK MISSING; BOOKS WILL CLOSE AT 6.45PM.  Full Article

Saras Q4 Comparable EBITDA At EUR 109.8 Mln
Monday, 12 Mar 2018 09:45am EDT 

March 12 (Reuters) - SARAS SPA ::SAYS FY 2017 EBITDA EUR 504.3 MILLION VERSUS EUR 638.1 MILLION YEAR AGO.SAYS FY 2017 NET PROFIT EUR 240.8 MILLION, UP 23% VERSUS YEAR AGO.Q4 REVENUE EUR 2.03 BILLION VERSUS EUR 2.12 BILLION YEAR AGO.Q4 COMPARABLE EBITDA EUR 109.8 MILLION VERSUS EUR 94.8 MILLION YEAR AGO.Q4 COMPARABLE NET INCOME EUR ‍​55.8 MLN VS EUR 18.7 MLN YEAR AGO.SAYS EUR 800 MILLION OF INVESTMENT PLAN APPROVED FOR THE PERIOD 2018-2021.2018-2021 BUSINESS PLAN CONFIRMS POLICY OF DIVIDENDS BETWEEN 40% AND 60% OF COMPARABLE NET PROFIT.CUMULATIVE CASH FLOW GENERATED FROM OPERATIONS DURING 2018-2021 IS FORECASTED AT ABOUT EUR 1,950-2,050 MILLION.  Full Article

Saras: Private Placement Of Bonds For Total Nominal Value Of EUR 200 Mln
Friday, 22 Dec 2017 08:43am EST 

Dec 22 (Reuters) - SARAS SPA ::ANNOUNCES PRIVATE PLACEMENT OF BONDS FOR TOTAL NOMINAL VALUE OF EUR 200 MILLION.BONDS TO HAVE MATURITY IN 2022 AND TO HAVE FIXED COUPON OF 1.70 PERCENT ON ANNUAL BASIS.  Full Article

Italy's Saras says 9-month net profit down 28 pct
Monday, 6 Nov 2017 07:45am EST 

Nov 6 (Reuters) - Saras :says 9-month revenues 5.7 billion euros.says 9-month reported net profit 109 million euros, down 28 pct.says 9-month comparable EBITDA 413 million euros.  Full Article