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Ence Energia y Celulosa SA (ENC.MC)

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

6.39EUR
16 Jan 2019
Change (% chg)

€0.19 (+2.98%)
Prev Close
€6.21
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€6.41
Day's High
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€6.20
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2,839,560
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€9.05
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€4.80

Latest Key Developments (Source: Significant Developments)

Iberdrola Completes Sale Of 90 Pct Stake In Puertollano Thermal Plant To Ence
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Iberdrola ::COMPLETES SALE OF 90 PERCENT STAKE IN PUERTOLLANO THERMAL PLANT TO ENCE FOR 181.3 MILLION EUROS.TRANSACTION NOT TO HAVE MEANINGFUL IMPACT ON CONSOLIDATED RESULTS OF IBERDROLA GROUP FOR 2018.TRANSACTION AMOUNT DOES NOT INCLUDE AN EARN-OUT OF UP TO 6.3 MILLION EUROS WHICH MAY BE ACCRUED.  Full Article

ENCE To Pay Second Interim Dividend Of 0.105 Euro/Shr
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Ence Energia y Celulosa SA ::TO DISTRIBUTE SECOND INTERIM DIVIDEND FOR 2018 OF 0.105 EURO GROSS PER SHARE ON DEC. 18.  Full Article

ENCE Expects To Double Its EBITDA In 2023
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Ence Energia y Celulosa SA ::SAYS EXPECTS TO DOUBLE ITS EBITDA, WHICH WILL REACH 550 MILLION EUROS IN 2023.SAYS TO INVEST 1.10 BILLION EUROS IN THE NEXT FIVE YEARS IN THE GROWTH AND DIVERSIFICATION OF ITS PULP AND RENEWABLE ENERGY BUSINESSES.TO MAINTAIN 50 PERCENT PAY-OUT IN DIVIDENDS.SEES FY 2023 NET PROFIT OF 270 MLN EUROS.  Full Article

ENCE Sees 2018 EBITDA Between 290 And 300 Mln Euros
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Ence Energia y Celulosa SA ::SEES 2018 EBITDA BETWEEN 290 AND 300 MILLION EUROS.NEW STRATEGIC PLAN WILL BE PUBLISHED ON NOVEMBER 20, 2018.SAYS MAINTAINS 50 PERCENT PAY-OUT OF SHAREHOLDER REMUNERATION.SEES STRONG PRICE SCENARIO FOR CELLULOSE FOR COMING YEARS.  Full Article

ENCE 9-Month Net Profit Up At 91.7 Mln Euros YoY
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Ence Energia y Celulosa SA ::9-MONTH NET PROFIT 91.7 MILLION EUROS VERSUS 59.5 MILLION EUROS YEAR AGO.9-MONTH EBITDA 213.6 MILLION EUROS VERSUS 147.7 MILLION EUROS YEAR AGO.9-MONTH NET SALES 619.7 MILLION EUROS VERSUS 527.3 MILLION EUROS YEAR AGO.  Full Article

Iberdrola To Sell Its 90 Pct Stake In Puertollano Solar Thermal Plant To ENCE
Thursday, 18 Oct 2018 

Oct 19 (Reuters) - IBERDROLA ::SAID ON THURSDAY HAS AGREED TO SELL ITS 90 PERCENT STAKE IN IBERDROLA ENERGIA SOLAR DE PUERTOLLANO (IBERSOL) TO ENCE ENERGIA FOR 72.3 MILLION EUROS.HAS AGREED WITHIN TRANSACTION TO ASSIGN TO ENCE THE LOAN GRANTED BY IT TO IBERSOL IN THE AMOUNT OF 108.8 MILLION EUROS.ACCORDINGLY, TOTAL TRANSACTION CONSIDERATION IS OF 181.1 MILLION EUROS.AN EARN-OUT OF UP TO 6.3 MILLION EUROS HAS BEEN AGREED.TRANSACTION COMPLETION IS CONDITIONAL UPON WAIVER BY INSTITUTO PARA LA DIVERSIFICACION Y AHORRO DE LA ENERGIA (IDAE) HOLDER OF REMAINING 10 PERCENT STAKE IN IBERSOL, OF ITS RIGHT OF FIRST REFUSAL OVER SHARES BEING SOLD.  Full Article

Ence Sees To Surpass Its 2018 EBITDA Guidance Of 300 Mln Euros
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Ence Energia y Celulosa SA ::SAYS IT WILL PUBLISH NEW STRATEGIC PLAN IN NOVEMBER.SEES TO MAINTAIN PAY-OUT TO SHAREHOLDERS AT 50 PERCENT AND LOW LEVELS OF DEBT.SEES TO SURPASS 2018 EBITDA GUIDANCE OF 300 MILLION EUROS.  Full Article

Ence H1 EBITDA Up 49 Pct, To Pay Dividend Of 0.104 Eur/Shr
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Ence Energia y Celulosa SA ::H1 EBITDA 130.8 MILLION EUROS VERSUS 87.9 MILLION EUROS YEAR AGO.H1 NET PROFIT 50.3 MILLION EUROS VERSUS 31.5 MILLION EUROS YEAR AGO.H1 NET SALES 400.3 MILLION EUROS VERSUS 341.8 MILLION EUROS YEAR AGO.TO PAY GROSS DIVIDEND OF 0.104 EURO PER SHARE ON SEPTEMBER 12.  Full Article

ENCE Q1 Net Profit Up At 29.5 Mln Euros YoY
Tuesday, 24 Apr 2018 

April 24 (Reuters) - ENCE ENERGIA Y CELULOSA SA ::Q1 NET PROFIT 29.5 MILLION EUROS VERSUS 13.7 MILLION EUROS YEAR AGO.Q1 EBITDA 62.9 MILLION EUROS VERSUS 40.8 MILLION EUROS YEAR AGO.Q1 REVENUE 196.3 MILLION EUROS VERSUS 174.2 MILLION EUROS YEAR AGO.REITERATES GOAL TO ACHIEVE EBITDA OF MORE THAN 300 MILLION EUROS IN 2018.  Full Article

Ence Closes Cellulose Sales Deals For 100 Pct Of Its Production Target In 2018
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - ENCE ENERGIA Y CELULOSA SA ::SAID ON WEDNESDAY IT HAD CLOSED CELLULOSE SALES AGREEMENTS FOR 100 PERCENT OF ITS PRODUCTION TARGET IN 2018.ALMOST ALL OF THE SALES AGREEMENTS REACHED FOR EUROPEAN MARKET.  Full Article

Supermarket group Dia drops out of Spain's blue-chip index

MADRID, Dec 10 Spanish supermarket chain Dia on Monday dropped out of Spain's blue-chip stock market index, the latest hit to the company that is facing a shrinking market share and a sliding stock price.