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United Kingdom

Acerinox SA (ACX.MC)

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

9.57EUR
23 Apr 2019
Change (% chg)

€-0.19 (-1.99%)
Prev Close
€9.77
Open
€9.78
Day's High
€9.79
Day's Low
€9.57
Volume
836,336
Avg. Vol
952,567
52-wk High
€12.54
52-wk Low
€8.29

Latest Key Developments (Source: Significant Developments)

Acerinox To Increase Dividend Per Share From 0.45 To 0.50, Approves Share Buy-Back Program
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Acerinox SA ::SAID ON THURSDAY TO PROPOSE 11 PERCENT INCREASE OF SHAREHOLDER REMUNERATION FROM 0.45 EUROS PER SHARE TO 0.50 EUROS PER SHARE.TO IMPROVE EARNING PER SHARE BY REDUCING NUMBER OF SHARES ISSUED DURING YEARS 2013-2016 THROUGH APPROVAL OF SUCCESSIVE SHARE BUY-BACK PROGRAMS.BOARD APPROVED SHARE BUY-BACK PROGRAM TO REDUCE SHARE CAPITAL OF ACERINOX THROUGH AMORTIZATION OF OWN SHARES, SUBJECT TO SHAREHOLDERS MEETING APPROVAL.SAYS MAXIMUM INVESTMENT IS OF 66.0 MILLION EUROS AND MAXIMUM NUMBER OF SHARES TO BE ACQUIRED MAY NOT EXCEED 5.5 MILLION, WHICH IS 2 PERCENT OF CO'S CURRENT SHARE CAPITAL.SAYS MAXIMUM DURATION OF PROGRAM IS FROM DEC. 21 UNTIL MARCH 20, 2019, BOTH INCLUSIVE.  Full Article

Acerinox Gets Loan Of 100 Mln Euros For New Production Lines In US
Tuesday, 13 Mar 2018 

March 13 (Reuters) - ACERINOX SA ::SAYS OFFICIAL CREDIT INSTITUTE GRANTS TO ACERINOX LOAN OF 100 MILLION EUROS FOR 8 YEARS.LOAN TO CONTRIBUTE TO FUNDING OF NEW PRODUCTION LINES AT ACERINOX PLANT IN US.  Full Article

Acerinox sees 2018 Ebitda growth forecasts of 8-10 pct as "reasonable"
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Spain's Acerinox ::Says believes analyst forecasts of a 8-10 percent rise in earnings before interest, taxes, depreciation and debt (Ebitda) this year as "reasonable".  Full Article

Acerinox SA FY Net Profit Jumps To 234 Mln Euros
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Acerinox SA ::FY NET PROFIT 234.1 MILLION EUROS VERSUS 80.3 MILLION EUROS YEAR AGO.FY NET SALES 4.63 BILLION EUROS VERSUS 3.97 BILLION EUROS YEAR AGO.FY EBITDA 488.9 MILLION EUROS VERSUS 329.1 MILLION EUROS YEAR AGO.  Full Article

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 to supply stainless steel to build extension of port of Monaco‍​
Friday, 4 Aug 2017 

Aug 4 (Reuters) - ACERINOX SA ::SAYS TO SUPPLY STAINLESS STEEL TO CONSTRUCT THE EXTENSION OF PORT OF MONACO.‍​.  Full Article

Acerinox sees Q3 weaker than Q2, in Q4 business to be back to normal
Thursday, 27 Jul 2017 

July 27 (Reuters) - ACERINOX SA ::SAYS Q3 WILL BE WEAKER THAN Q2, Q4 WILL RETURN TO NORMAL LEVELS OF BUSINESS - CONFERENCE CALL.  Full Article

Acerinox H1 net profit jumps to 150.8 mln euros
Thursday, 27 Jul 2017 

July 27 (Reuters) - ACERINOX SA ::H1 NET SALES 2.44 BILLION EUROS VERSUS 1.91 BILLION EUROS YEAR AGO.H1 NET PROFIT 150.8 MILLION EUROS VERSUS 8.7 MILLION EUROS YEAR AGO.H1 EBITDA 316.9 MILLION EUROS VERSUS 119.7 MILLION EUROS YEAR AGO.NET FINANCIAL DEBT 663 MILLION EUROS AT END-JUNE, UP BY 44 MILLION EUROS FROM END-DEC. 2016.  Full Article

UPDATE 2-Outokumpu warns of weaker Q1, citing high inventories

HELSINKI, Feb 7 Finland's Outokumpu warned on Thursday that first-quarter profit would weaken as high distributor inventory levels pressure the stainless steel market, sending its shares sharply lower.