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United States

Codere SA (CDRE.MC)

CDRE.MC on Madrid SE C.A.T.S.

8.41EUR
15 Dec 2017
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Tue, Nov 14 2017

BRIEF-Codere 9-month net result turns to profit of 8.3 mln euros YoY

* 9-MONTH NET PROFIT 8.3 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO

BRIEF-Codere to group 2.55 bln shares in 2:43 ratio‍​

* TO GROUP AND CANCEL 2.55 BILLION SHARES TO EXCHANGE THEM FOR 118.5 MILLION NEW SHARES IN A RATIO 2:43‍​

BRIEF-Codere Q2 net loss shrinks to 3.1 mln euros YoY

* Q2 OPERATING REVENUE 409.4 MILLION EUROS VERSUS 383.9 MILLION EUROS YEAR AGO

BRIEF-Codere to propose share consolidation at a rate 43:2

* TO PROPOSE SHARE CONSOLIDATION EXCHANGING 43 OLD SHARES FOR 2 NEW SHARES‍​

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