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Corticeira Amorim SGPS SA (CORA.LS)

CORA.LS on Lisbon Stock Exchange

11.66EUR
23 May 2018
Change (% chg)

€-0.30 (-2.51%)
Prev Close
€11.96
Open
€12.00
Day's High
€12.00
Day's Low
€11.56
Volume
36,117
Avg. Vol
82,835
52-wk High
€13.30
52-wk Low
€9.67

Latest Key Developments (Source: Significant Developments)

Corticeira Amorim Says To Buy 70 Pct Of Elfverson & Co For 5.5 Mln Euros
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - CORTICEIRA AMORIM SA ::SAYS VIA UNIT TO BUY 70 PERCENT OF ELFVERSON & CO AB FOR 5.5 MILLION EUROS.AGREEMENT INCLUDES PUT OPTION ON REMAINING 30% OF CAPITAL, ON THE PART OF THE SELLER (SWEDISH COMPANY VATTERLEDENS INVEST AB).DEAL ALSO INCLUDES PURCHASE OPTION ON SAME REMAINING CAPITAL ON PART OF BUYER EXERCISABLE FROM 2020.  Full Article

Corticeira Amorim Q3 net profit down 7.3 pct at 18.6 mln euros YoY
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - CORTICEIRA AMORIM SGPS SA ::Q3 NET PROFIT 18.6 MILLION EUROS VERSUS 20.1 MILLION EUROS YEAR AGO.Q3 CURRENT EBITDA 34.7 MILLION EUROS VERSUS 29.6 MILLION EUROS YEAR AGO.Q3 SALES 176.7 MILLION EUROS VERSUS 156.9 MILLION EUROS YEAR AGO.PROPOSES TO PAY OUT ADDITIONAL DIVIDEND OF 0.08 EURO PER SHARE.  Full Article

Corticeira Amorim sees 30 mln euro gain from sale of stake in US Floors
Monday, 12 Dec 2016 

Corticeira Amorim SGPS SA : Says its unit closes sale of 25 percent stake in US Floors Inc .Estimates net gain of about 30 million euros ($31.8 million) from the transaction.  Full Article

Shareholders place 10 pct of Corticeira Amorim at 7.9 euros/share
Friday, 4 Nov 2016 

Corticeira Amorim SGPS SA : Said on Thursday that shareholders Amorim International Participations BV (Amorim International) and Investmark Holdings BV (Investmark) concluded placement of 10 percent of the company at 7.90 euros ($8.76) per share, corresponding to a total amount of 105.1 million euros . The offer's settlement to occur on Nov. 8 .After the settlement Amorim International will hold 10.09 percent of Corticeira Amorim and Investmark Holdings will hold a stake of 13.78 percent.  Full Article

Corticeira Amorim Q3 sales up driven by raw materials and cork stoppers
Friday, 28 Oct 2016 

Corticeira Amorim SA : Q3 net profit 20.1 million euros ($22.0 million) versus 15.4 million euros year ago . Q3 sales 156.9 million euros versus 153.7 million euros year ago . Q3 current EBITDA 29.6 million euros versus 25.8 million euros year ago . Says net debt down at 64.3 million euros at end-Sept. versus 86.3 million euros at end-Sept. 2015 .To propose 0.08 euro gross dividend per share on top of the 0.16 euro paid in H1.  Full Article

Corticeira Amorim Q2 net profit up at 21.2 million euros
Wednesday, 3 Aug 2016 

Corticeira Amorim SA : Q2 net profit 21.2 million euros ($23.8 million) versus 17.8 million euros year ago . Q2 sales 177.3 million euros versus 161.8 million euros year ago . Q2 current EBITDA 38.3 million euros versus 30.6 million euros year ago .Says net debt 80.1 million euros at end of June versus 91.9 million euros at end of June 2015.  Full Article