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CIR Compagnie Industriali Riunite SpA (CIRX.MI)

CIRX.MI on Milan Stock Exchange

0.95EUR
21 Jul 2019
Change (% chg)

€-0.01 (-1.14%)
Prev Close
€0.96
Open
€0.95
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€0.96
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€0.95
Volume
83,458
Avg. Vol
222,328
52-wk High
€1.11
52-wk Low
€0.87

Latest Key Developments (Source: Significant Developments)

CIR Q1 Net Profit Down At EUR 4.5 Mln
Monday, 29 Apr 2019 

April 29 (Reuters) - CIR Compagnie Industriali Riunite SpA ::Q1 REVENUE EUR 675.8 MILLION VERSUS EUR 695.2 MILLION YEAR AGO.Q1 NET PROFIT EUR 4.5 MILLION VERSUS EUR 9.5 MILLION YEAR AGO.EXPECTS IN 2019 INCREASE ALBEIT MORE MODERATE THAN IN THE PREVIOUS YEAR IN REVENUES AND MARGINS AT KOS.  Full Article

Cofide Says Streamlining Of Group Structure Through Merger By Incorporation Of CIR Into Cofide
Monday, 11 Mar 2019 

March 11 (Reuters) - Cofide Gruppo de Benedetti SpA - :STREAMLINING OF THE GROUP STRUCTURE THROUGH THE MERGER BY INCORPORATION OF CIR INTO COFIDE.COFIDE GRUPPO DE BENEDETTI SPA - MERGER WILL NOT MATERIALLY IMPACT ITS NET FINANCIAL POSITION AND THEREFORE ITS FINANCIAL FIREPOWER AND INVESTMENT POLICY.EXCHANGE RATIO HAS BEEN DETERMINED AS 2.01 COFIDE SHARES FOR EACH CIR SHARE.BOARD EXAMINED AND APPROVED MERGER PLAN BY INCORPORATION OF CIR INTO ITS PARENT COMPANY COFIDE.COFIDE GRUPPO DE BENEDETTI SPA - FINANCIAL PROFILE OF ENTITY RESULTING FROM MERGER WILL BE SUBSTANTIALLY IN LINE WITH CIR'S.AS A RESULT OF MERGER, COFIDE WILL CHANGE ITS NAME TO "CIR S.P.A. ‐ COMPAGNIE INDUSTRIALI RIUNITE".MERGER IS EXPECTED TO COMPLETE BY END OF 2019.COFIDE GRUPPO DE BENEDETTI SPA - RODOLFO, MARCO AND EDOARDO DE BENEDETTI ARE MEMBERS OF COFIDE BOARD AND CIR.COFIDE GRUPPO DE BENEDETTI SPA - RODOLFO DE BENEDETTI IS CHAIRMAN OF BOTH COMPANIES.COFIDE GRUPPO DE BENEDETTI- COMPANIES TO SUSPEND RESPECTIVE SHARE BUYBACK PROGRAMMES, AS FROM TODAY'S DATE AND UNTIL DATE ON WHICH MERGER IS COMPLETED.  Full Article

Italy's CIR, Cofide approve merger
Monday, 11 Mar 2019 

March 11 (Reuters) - Italy's CIR-Compagnie Industriali Riunite and Cofide Gruppo de Benedetti SpA say::THEIR BOARDS APPROVE MERGER OF THE TWO COMPANIES, NEW COMPANY TO BE CALLED CIR.EXCHANGE RATIO OF MERGER SET AT 2.01 COFIDE SHARES FOR EACH CIR SHARE.COFIDE WILL CARRY OUT CAPITAL INCREASE OF UP TO 281.4 MILLION EUROS.EXPECT MERGER TO BE COMPLETED BY THE END OF THIS YEAR AT THE LATEST.  Full Article

CIR FY Net Profit At EUR 12.9 Mln
Monday, 11 Mar 2019 

March 11 (Reuters) - CIR Compagnie Industriali Riunite SpA ::FY REVENUE EUR 2.82 BILLION, UP 2.3% VERSUS YEAR AGO.FY NET PROFIT EUR 12.9 MILLION VERSUS LOSS EUR 5.9 MILLION YEAR AGO.RECOMMENDS DIVIDEND OF EUR 0.039 PER SHARE.KOS EXPECTS MARGINAL INCREASE IN REVENUES AND MARGINS ON LIKE-FOR-LIKE BASIS.FOR GEDI, EVIDENCE AVAILABLE DOES NOT ALLOW TO FORECAST ANY CHANGE IN MARKET SIGNIFICANTLY DIFFERENT FROM 2018.PROPOSES THE RENEWAL OF POWERS GRANTED TO BOARD FOR CAPITAL INCREASES OF UP TO € 500 MILLION.PROPOSES THE RENEWAL OF POWERS GRANTED TO BOARD FOR ISSUING CONVERTIBLE BONDS OR BONDS WITH WARRANTS ATTACHED.  Full Article

Sogefi Wins Order For Supply Of Components For Hydrogen Cars
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Cir ::SOGEFI WINS ORDER FOR SUPPLY OF COMPONENTS FOR HYDROGEN CARS.TOTAL VALUE OF COMPONENTS WILL REACH EUR 250 PER CAR, COMPARED WITH EUR 70 PER CAR FOR COMBUSTION ENGINE CAR.  Full Article

CIR 9-month net result swings to loss of EUR ‍​26.0 mln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - CIR COMPAGNIE INDUSTRIALI RIUNITE SPA ::9-MONTH REVENUE EUR 2.06 ‍​BILLION VERSUS EUR 1.95 BILLION YEAR AGO.9-MONTH NET LOSS EUR ‍​26.0 MILLION VERSUS PROFIT EUR 37.4 MILLION YEAR AGO.9-MONTH NET PROFIT BEFORE GEDI EXTRAORDINARY TAX CHARGE AT EUR 44 MLN.FOR FY EXPECTS TO CONFIRM POSITIVE RESULT ACHIEVED IN FIRST NINE MONTHS‍​.OUTLOOK FOR FY 2017 EXCLUDES TAX CHARGE FOR GEDI‍​.  Full Article