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Carraro SpA (CARRA.MI)

CARRA.MI on Milan Stock Exchange

1.91EUR
23 Aug 2019
Change (% chg)

€-0.04 (-1.85%)
Prev Close
€1.94
Open
€1.95
Day's High
€1.95
Day's Low
€1.91
Volume
27,251
Avg. Vol
60,134
52-wk High
€2.77
52-wk Low
€1.63

Latest Key Developments (Source: Significant Developments)

Carraro H1 Net Profit Down At EUR 5.6 Mln
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Carraro SpA ::H1 REVENUE EUR 301.7 MILLION VERSUS EUR 328.4 MILLION YEAR AGO.H1 NET PROFIT EUR 5.6 MILLION VERSUS EUR 6.7 MILLION YEAR AGO.EXPECTS SLOWDOWN IN VOLUMES, ALREADY HIGHLIGHTED IN JUNE, WILL BE ACCENTUATED IN H2.  Full Article

Carraro Q1 EBITDA Down At EUR 14.5 Mln
Monday, 13 May 2019 

May 13 (Reuters) - Carraro SpA ::Q1 REVENUE EUR 150.3 MILLION VERSUS EUR 157.6 MILLION YEAR AGO.Q1 EBITDA EUR 14.5 MILLION VERSUS EUR 15 MILLION YEAR AGO.CONFIRMS IN H1 2019 MODEST REDUCTION IN VOLUMES AND GROWING PROFITABILITY VERSUS 2018.  Full Article

Enertronica: Updates On Investment Agreement With Carraro And Carraro International, Name Change
Monday, 17 Dec 2018 

Dec 18 (Reuters) - Enertronica SpA ::SAID ON MONDAY THAT ITS SHAREHOLDERS RESOLVED TO INCREASE CO'S CAPITAL BY EUR 4.1 MILLION THROUGH ISSUE OF 2,555,100 SHARES.PRICE PER SHARE IS EUR 1.63, OF WHICH EUR 1.53 BY WAY OF PREMIUM AND EUR 0.1 TO BE ALLOCATED TO CAPITAL.SHARES TO BE OFFERED IN SUBSCRIPTION, WITH EXCLUSION OF OPTION RIGHT, TO CARRARO INTERNATIONAL SE AND CARRARO SPA <<>> AGAINST CONTRIBUTION OF 2,162 SHARES (49 PCT OF SHARE CAPITAL) OF ELETTRONICA SANTERNO SPA .INVESTMENT CONTRACT WITH CARRARO SPA AND CARRARO INTERNATIONAL SE WAS SIGNED IN NOV. nL8N1XY0OZ.SHAREHOLDERS' RESOLVED TO CHANGE CURRENT COMPANY NAME TO ENERTRONICA SANTERNO SPA AND TO TRANSFER ITS REGISTERED OFFICE TO CASTEL GUELFO DI BOLOGNA (BO).MERGER BY INCORPORATION OF ELETTRONICA SANTERNO INTO ENERTRONICA WILL BE EFFECTIVE BY DEC. 31, 2019.  Full Article

Enertronica H1 Production Value Down At EUR 26.2 Mln, Sees Recovery In Turnover From 2019
Thursday, 22 Nov 2018 

Nov 23 (Reuters) - ENERTRONICA SpA ::REPORTED ON THURSDAY H1 PRODUCTION VALUE OF 26.2 MILLION EUROS VERSUS 45.4 MILLION EUROS A YEAR AGO.H1 NET LOSS WAS 6.5 MILLION EUROS VERSUS PROFIT OF 1.5 MILLION EUROS.H1 RESULT IMPACTED BY, AMONG OTHERS, CONSTRUCTION CONTRACT IN NEVADA WHICH RESULTED IN A LOSS OF C. 3.5 MILLION EUROS AND PERFORMANCE OF ENERTRONICA PANAMA nL8N1WA0PK.SIGNED WITH CARRARO SPA <<>> AND CARRARO INTERNATIONAL SE INVESTMENT CONTRACT FOR 4.1 MILLION EUROS CAPITAL INCREASE TO BE CARRIED OUT BY CONFERRING A 49 PCT STAKE IN ELETTRONICA SANTERNO TO ENERTRONICA SPA.BOARD APPROVED MERGER BY INCORPORATION OF UNIT ELETTRONICA SANTERNO SPA INTO ENERTRONICA SPA.MERGER WILL RESULT IN NEW GROUP STRUCTURE, CO WILL MOVE ITS REGISTERED OFFICE TO CASTEL GUELFO (BO) AT THE CURRENT HEADQUARTERS OF ELETTRONICA SANTERNO .AFTER MERGER CO WILL CHANGE ITS NAME TO ENERTRONICA SANTERNO SPA.CAPITAL INCREASE WILL BE EXECUTED IN 2018, WHILE THE MERGER WILL TAKE PLACE WITHIN THE FIRST FEW MONTHS OF 2019.AFTER CAPITAL INCREASE, NTS WILL HOLD A 30.09 PCT STAKE IN ENERTRONICA SPA WHILE THE CARRARO GROUP WILL HOLD A 27.86 PCT STAKE .APPROVED BUSINESS PLAN 2019-2022 .SEES RECOVERY IN TURNOVER FROM 2019.SEES FY 2018 TOTAL SALES OF 38 MILLION EUROS, FY 2019 TOTAL SALES OF 83 MILLION EUROS AND FY 2022 TOTAL SALES OF 144 MILLION EUROS.SEES FY 2018 EBITDA NEGATIVE OF 6.5 MILLION EUROS, FY 2019 EBITDA POSITIVE OF 7.1 MILLION EUROS AND FY 2022 POSITIVE OF 12.2 MILLION EUROS.  Full Article

Carraro 9M EBITDA Down At Eur 36.9 Mln
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Carraro SpA ::9M TURNOVER EUR 467.9 MILLION VERSUS EUR 450.8 MILLION A YEAR AGO.9M EBITDA EUR 36.9 MILLION VERSUS EUR 43.0 MILLION YEAR AGO.  Full Article

Carraro Shareholder Julia Dora Koranyi Arduini Does Not Intend To Acquire Control
Tuesday, 15 May 2018 

May 15 (Reuters) - Carraro SpA ::WITH REFERENCE TO 27.1 PERCENT STAKE IN CARRARO, JULIA DORA KORANYI ARDUINI SAYS DOES NOT INTEND TO ACQUIRE CONTROL OVER COMPANY.JULIA DORA KORANYI ARDUINI SAYS DOES NOT INTEND TO EXERCISE INFLUENCE ON MANAGEMENT.  Full Article

Carraro: Mario Carraro And Finaid Commit To Cutting Their Voting Rights Below 47.27 Pct
Friday, 27 Apr 2018 

April 27 (Reuters) - Carraro SpA ::MARIO CARRARO AND FINAID COMMIT TO REDUCING THEIR VOTING RIGHTS BELOW THRESHOLD OF 47.27 PERCENT.COMMITMENT OF MARIO CARRARO AND FINAID FOLLOWS INCREASE IN VOTING RIGHTS FROM LOYALTY SHARE SCHEME.MARIO CARRARO AND FINAID WILL ALSO NOT EXERCISE VOTING RIGHTS ABOVE THRESHOLD OF 47.27 PERCENT.  Full Article

Carraro FY Net Result Turns to Profit Of EUR 13.7 Million
Thursday, 29 Mar 2018 

March 29 (Reuters) - Carraro Spa ::FY REVENUE EUR 606.0 MILLION VERSUS EUR 593.7 MILLION YEAR AGO.FY NET PROFIT EUR 13.7 MILLION VERSUS LOSS EUR 9.1 MILLION YEAR AGO.SAYS PROPOSES DIVIDEND OF EUR 0.17 PER SHARE.  Full Article

Carraro Completes Sale Of Carraro International SE Bonds Due 2025 In Advance
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - CARRARO SPA ::OFFER OF CARRARO INTERNATIONAL SE BONDS DUE 2025 ENDED IN ADVANCE AFTER REACHING MAX AMOUNT.CARRARO INTERNATIONAL SE BONDS DUE 2025 ARE SENIOR AND UNSECURED WITH FIXED INTEREST RATE OF 3.5 PERCENT.BONDS WERE SOLD FOR TOTAL OF EUR 180.0 MILLION, 100 PERCENT OF THEIR NOMINAL VALUE.BONDS SOLD AMOUNT TO 180,000.  Full Article

Carraro Issues Bond Loan Of Up To EUR 180 Mln
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Carraro Spa ::APPROVES ISSUANCE OF BOND LOAN OF UP TO EUR 180 MILLION.  Full Article

Italy - Factors to watch on July 30

The following factors could affect Italian markets on Tuesday.