Edition:
United Kingdom

Accell Group NV (ACCG.AS)

ACCG.AS on Amsterdam Stock Exchange

15.66EUR
9:04am BST
Change (% chg)

€-0.22 (-1.39%)
Prev Close
€15.88
Open
€15.74
Day's High
€15.76
Day's Low
€15.52
Volume
11,627
Avg. Vol
48,154
52-wk High
€26.75
52-wk Low
€15.36

Latest Key Developments (Source: Significant Developments)

Accell Group Publishes Stable H1 Turnover Of 636 Million Euros
Friday, 20 Jul 2018 

July 20 (Reuters) - ACCELL GROUP NV ::H1 STABLE TURNOVER OF € 636 MILLION (+2.7% AT CONSTANT EXCHANGE RATES) ON BACK OF STRONG DEMAND FOR E-(PERFORMANCE) BIKES. LOWER SALES IN THE BENELUX AND NORTH AMERICA.H1 OPERATING RESULT 10.1% LOWER AT € 42.7 MILLION, DUE TO HIGHER OPERATING COSTS OF WHICH € 2.5 MILLION EXTRAORDINARY EXPENSES.H1 NET RESULT COMPARABLE TO LAST YEAR.ADDED VALUE UP 120 BPS AT 30.1%, LARGELY DUE TO POSITIVE CURRENCY EFFECTS AND TO A LESSER EXTENT LOWER LOGISTICS COSTS AND LOWER PURCHASING PRICES FOR MATERIALS.H1 WORKING CAPITAL CAME IN HIGHER ON THE BACK OF HIGHER TRADE RECEIVABLES AND LOWER TRADE PAYABLES.EXPECTS TO SEE CONTINUED TURNOVER GROWTH IN THE SECOND HALF OF 2018.WORKING CAPITAL AT YEAR-END 2018 IS EXPECTED TO SEE A MAJOR IMPROVEMENT, COMPARED WITH END-JUNE 2018.EXPECT THE GROUP TO RECORD AN INCREASE IN NET TURNOVER AND A HIGHER OPERATING RESULT FOR THE FULL YEAR 2018.  Full Article

Accell Group Acquires Velosophy
Friday, 13 Jul 2018 

July 13 (Reuters) - ACCELL GROUP NV ::STRENGTHENS POSITION IN URBAN MOBILITY MARKET BY ACQUIRING (E-)CARGO BIKE SPECIALIST VELOSOPHY.HAS INCREASED ITS MINORITY STAKE IN VELOSOPHY B.V. TO 100%.  Full Article

Accell Group appoints Ton Anbeek as new CEO
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - ACCELL GROUP NV : :TON ANBEEK APPOINTED NEW CEO‍​.  Full Article

UPDATE 2-EU sets duties to limit imports of Chinese e-bikes

BRUSSELS, July 18 The European Union will impose duties from Thursday on Chinese electric bicycles in a move to curb cheap imports that European producers say are flooding the market.