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Acerinox SA (ACX.MC)

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

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Latest Key Developments (Source: Significant Developments)

Acerinox To Invest 8 Million Euros In Its Plants In Spain And South Africa
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Acerinox SA ::SAYS IT WILL INVEST 8 MILLION EUROS IN ITS PLANTS IN SPAIN AND SOUTH AFRICA TO IMPROVE PRODUCTION AND REDUCE ENVIRONMENTAL IMPACT.SAYS ITS BOARD APPROVED AN INVESTMENT OF 5 MILLION EUROS TO INSTALL A NEW SLITTING LINE AT THE COLUMBUS STAINLESS FACTORY (SOUTH AFRICA).SAYS THE BOARD APPROVED ALSO AN INVESTMENT OF 3 MILLION EUROS FOR REPLACING THE MELTING SHOP REFRIGERATED VAULT OF ELECTRIC FURNACE NUMBER 2 AT ITS ACERINOX EUROPA PLANT.  Full Article

Acerinox Proposes Dividend To Be Paid In July 2018
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - ACERINOX SA ::TO PROPOSE DIVIDEND TO SHAREHOLDERS TO BE PAID IN JULY 2018 AS SINGLE PAYMENT.  Full Article

Acerinox 9-month EBITDA up 65.9 pct YoY
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - ACERINOX SA ::9-MONTH NET PROFIT 157.4 MILLION EUROS VERSUS 44.5 MILLION EUROS YEAR AGO.9-MONTH EBITDA 369.9 MILLION EUROS VERSUS 223.0 MILLION EUROS YEAR AGO.9-MONTH NET SALES 3.51 BILLION EUROS VERSUS 2.91 BILLION EUROS YEAR AGO.  Full Article

Acerinox reports H1 results above analysts' expectations
Wednesday, 27 Jul 2016 

Acerinox SA : H1 revenue at 1.91 billion euros ($2.10 billion) versus 1.97 billion euros in Reuters poll . H1 EBITDA at 120 million euros versus 107 million euros in Reuters poll . H1 net profit 8.7 million euros versus 0.4 million euros in Reuters poll .Says order portfolio at end-June has increased by 30 percent versus year ago.  Full Article

Acerinox to pay scrip dividend of 0.44 euro gross/right
Friday, 17 Jun 2016 

Acerinox SA :Sets scrip dividend value at 0.44 euro ($0.50) gross per right.  Full Article

Acerinox refinances 717 million euros of debt
Wednesday, 11 May 2016 

Acerinox SA : Reaches bilateral agreements with 12 banks to refinance its debt .To refinance 717 million euros ($819 million) of debt, extending payment dates till 2021, reducing interest rates, changing maturities for the upcoming three years.  Full Article

REFILE-UPDATE 1-Outokumpu predicts profit hit from raw material costs, weak dollar

Jan 31 Outokumpu expects rising raw material costs, a weaker U.S. dollar and lower ferrochrome prices to hit its first quarter profit, the Finnish stainless steel maker said on Wednesday, wiping out this year's gain in its share price.