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Mersen SA (CBLP.PA)

CBLP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mersen: Full-Year Guidance Raised
Tuesday, 30 Jul 2019 

July 30 (Reuters) - MERSEN SA ::H1 CONSOLIDATED SALES EUR 484 MILLION VERSUS EUR 430 MILLION YEAR AGO.H1 EBITDA EUR 79.0 MILLION VERSUS EUR 64.4 MILLION YEAR AGO.H1 NET INCOME EUR 33.7 MILLION VERSUS EUR 29.3 MILLION YEAR AGO.FULL-YEAR GUIDANCE RAISED.IN 2019 NOW EXPECTS LIKE-FOR-LIKE SALES GROWTH TO COME IN BETWEEN 4% AND 5%.SEES FY OPERATING MARGIN BEFORE NON-RECURRING ITEMS RANGING BETWEEN 10.5% AND 10.7%.IN 2019 GROUP’S CAPEX PROGRAM SHOULD AMOUNT TO BETWEEN €65 MILLION AND €75 MILLION.SOLAR MARKET SHOULD RECOVER IN H2 COMPARED WITH H1.IN 2019 GROWTH IN THE ELECTRONICS MARKET SHOULD BE DRIVEN BY SIC SEMICONDUCTORS.IN 2019 THE SILICON SEMICONDUCTOR SEGMENT IS EXPECTED TO DECLINE.IN 2019 CHEMICALS MARKET GROWTH IS LIKELY TO BE MODERATE FOR THE YEAR AS A WHOLE.IN 2019 PROCESS INDUSTRIES SHOULD FOLLOW THE SAME TRENDS AS THE WORLD’S MAJOR ECONOMIES.  Full Article

Mersen Buys Specialty Graphite Production Capacity
Monday, 8 Jul 2019 

July 8 (Reuters) - Mersen SA ::ACQUISITION OF SPECIALTY GRAPHITE PRODUCTION CAPACITY.€5 MILLION TO €10 MILLION MINIMUM IMPROVEMENT IN GROUP EBITDA BY 2023.COULD INVEST BETWEEN €25 MILLION AND €35 MILLION OVER NEXT THREE TO FIVE YEARS TO ENSURE OPTIMAL COMMISSIONING OF FACILITIES.INVESTMENTS WILL START IN 2019, FOR AN ESTIMATED AMOUNT OF €5 MILLION.OPERATION CONCERNS THE ACQUISITION OF LAND, BUILDINGS AND EQUIPMENT FOR A TOTAL OF USD 7 MILLION.  Full Article

Mersen Announces It Will Equip New 100% Electric Bus From Alstom
Monday, 1 Apr 2019 

April 1 (Reuters) - MERSEN SA ::HAVE BEEN SELECTED TO EQUIP THE NEW BUS 100% ELECTRIC FROM ALSTOM.  Full Article

Mersen FY Net Result Rises To 59.2 Million euros
Wednesday, 13 Mar 2019 

March 13 (Reuters) - MERSEN SA ::LIKE-FOR-LIKE INCREASE IN SALES OF 10% FOR THE YEAR.FY OPERATING MARGIN BEFORE NON-RECURRING ITEMS OF 10.4%, UP FROM 9.2% IN 2017.FY CONSOLIDATED REVENUE EUR 878.5 MILLION VERSUS EUR 809.2 MILLION YEAR AGO.FY NET RESULT EUR 59.2 MILLION VERSUS EUR 40.0 MILLION YEAR AGO.MERSEN IS EXPECTING CONTINUED GROWTH IN ALL OF ITS KEY MARKETS FOR 2019 AND BEYOND.OFFERS SHAREHOLDERS A DIVIDEND OF €0.95 PER SHARE.FY EBITDA CAME IN AT €130.3 MILLION, AN INCREASE OF MORE THAN 14% COMPARED WITH THE PRIOR YEAR.FY OPERATING INCOME BEFORE NON-RECURRING ITEMS CAME TO €91.6 MILLION IN 2018.NET DEBT AT YEAR-END 2018 STOOD AT €215.5 MILLION, UP €37.4 MILLION ON THE €178.1 MILLION REPORTED AT DECEMBER 31, 2017.IN EARLY 2019, FOR RENEWABLE ENERGIES MARKET MERSEN WILL NEED TO DEAL WITH A HIGH BASIS OF COMPARISON IN THE SOLAR MARKET.IN THE ENERGY STORAGE MARKET, MERSEN CONTINUES TO DEVELOP ITS BATTERY PROTECTION SYSTEMS FOR WHICH SIGNIFICANT GROWTH MAY BE EXPECTED FROM 2021-2022.IN 2019 THE CHEMICALS MARKET SHOULD SEE MODERATE GROWTH.IN 2019 GROWTH IN ELECTRONICS MARKET SHOULD BE DRIVEN BY THE SILICON CARBIDE (SIC) SEMICONDUCTOR MARKET.GROUP IS EXPECTED TO SPEND BETWEEN €60 MILLION AND €70 MILLION IN 2019 ON MAINTAINING ITS CAPEX PROGRAM TO TACKLE THE POST-2019 DEMAND.FOR 2019 TARGETING AN OPERATING MARGIN BEFORE NON-RECURRING ITEMS OF BETWEEN 10.5% AND 10.7% FOR THE YEAR.  Full Article

Mersen FY Sales Of 879 Million Euros
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - MERSEN SA ::MERSEN: SHARP INCREASE IN SALES TO EUR 879 MILLION FOR 2018.FULL-YEAR LIKE-FOR-LIKE GROWTH IN SALES OF NEARLY 10% THAT EXCEEDS THE GROUP’S TARGETS.FORECAST OPERATING MARGIN BEFORE NON-RECURRING ITEMS OF AROUND 10.4% FOR 2018 CONFIRMED.CONTINUED CONFIDENCE IN THE GROUP’S MEDIUM-TERM POTENTIAL.  Full Article

Mersen Confirms Its Forecasts Of Increase Of Around 9% In Like-For-Like Sales In 2018
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - MERSEN SA ::CAGR OF SOLAR POWER, ENERGY STORAGE, SILICON CARBIDE MIRRORS, SIC SEMICONDUCTOR MANUFACTURING MARKETS IS EXPECTED TO REACH BETWEEN 10% AND 15% OVER THE NEXT FIVE YEARS .HAS CONFIRMED ITS FORECASTS OF INCREASE OF AROUND 9% IN LIKE-FOR-LIKE SALES AND A RECURRING OPERATING MARGIN OF AROUND 10.4% OF SALES IN 2018.RETURN ON CAPITAL EMPLOYED IS EXPECTED TO COME IN AT 11.5% IN FY 2018.CAN CONFIDENTLY EXPECT TO CONTINUE TO ENJOY DYNAMIC GROWTH - CEO.  Full Article

Mersen Confirms Its Forecasts Of Increase Of Around 9% In Like-For-Like Sales In 2018
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - MERSEN SA ::HAS CONFIRMED ITS FORECASTS OF INCREASE OF AROUND 9% IN LIKE-FOR-LIKE SALES AND A RECURRING OPERATING MARGIN OF AROUND 10.4% OF SALES IN 2018.GROUP’S CAGR IS EXPECTED TO REACH BETWEEN 10% AND 15% OVER THE NEXT FIVE YEARS..RETURN ON CAPITAL EMPLOYED IS EXPECTED TO COME IN AT 11.5% IN FY 2018.CAN CONFIDENTLY EXPECT TO CONTINUE TO ENJOY DYNAMIC GROWTH - CEO.  Full Article

Mersen Signs Several Contracts in India
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - MERSEN SA ::ANNOUNCED THE SIGNING OF A NUMBER OF CONTRACTS WORTH SEVERAL MILLION EUROS TO SUPPLY CLIENTS IN INDIA.TO SUPPLY CLIENTS IN INDIA WITH THE LATEST GENERATION OF HYDROGEN CHLORIDE (HCI) SYNTHESIS UNIT.DELIVERIES ARE PRIMARILY SCHEDULED FOR 2019.  Full Article

Mersen Q3 Consolidated Revenue Up At 222.9 Million Euros
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - MERSEN SA ::Q3 CONSOLIDATED REVENUE EUR 222.9 MILLION VERSUS EUR 198.0 MILLION YEAR AGO.FULL-YEAR FORECASTS REVISED TO THE UPPER RANGE OF THE PREVIOUSLY PUBLISHED GUIDANCE: FULL-YEAR LIKE-FOR-LIKE GROWTH OF AROUND 9%.FY FORECASTS REVISED TO UPPER RANGE OF PREVIOUSLY PUBLISHED GUIDANCE: OPERATING MARGIN BEFORE NON-RECURRING ITEMS AROUND 10.4%.GROUP’S INVESTMENT OUTLAY FOR 2018 EXPECTED TO BE AROUND €55 MILLION VERSUS €50 MILLION INITIALLY PLANNED.  Full Article

Mersen H1 Consolidated Revenue Up At 430 Million Euros
Monday, 30 Jul 2018 

July 30 (Reuters) - MERSEN SA ::H1 CONSOLIDATED REVENUE EUR 430 MILLION VERSUS EUR 409 MILLION YEAR AGO.H1 NET INCOME FOR THE PERIOD EUR 29.3 MILLION VERSUS EUR 19.1 MILLION YEAR AGO.H1 OPERATING INCOME BEFORE NON-RECURRING ITEMS EUR 45.8 MILLION VERSUS EUR 36.0 MILLION YEAR AGO.H1 EBITDA EUR 64.4 MILLION VERSUS EUR 54.8 MILLION YEAR AGO.FULL-YEAR GUIDANCE RAISED.INCREASE IN OPERATING MARGIN BEFORE NON-RECURRING ITEMS: 10.6% VERSUS 8.8% IN H1 2017.MERSEN IS NOW EXPECTING LIKE-FOR-LIKE GROWTH IN SALES OF BETWEEN 7% AND 9% IN 2018.GROUP ESTIMATES THE NEGATIVE CURRENCY EFFECT ON FULL-YEAR SALES AT BETWEEN €25 MILLION AND €30 MILLION IN 2018.EXPECTS ACQUISITIONS TO CONTRIBUTE CLOSE TO 2% GROWTH TO SALES FOR FULL-YEAR 2018.GROUP’S OPERATING MARGIN BEFORE NON-RECURRING ITEMS IS THEREFORE EXPECTED TO AMOUNT TO BETWEEN 10.1% AND 10.4% IN 2018.  Full Article

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Exclusive: France's Mersen raided by India's antitrust body - sources

NEW DELHI India's antitrust body on Thursday raided the local unit of French firm Mersen SA and an Indian company over allegations they colluded on prices of equipment supplied to Indian Railways, two sources told Reuters.