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Ence Energia y Celulosa SA (ENC.MC)

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

4.77EUR
25 Mar 2019
Change (% chg)

€-0.17 (-3.37%)
Prev Close
€4.93
Open
€4.93
Day's High
€4.93
Day's Low
€4.70
Volume
3,320,515
Avg. Vol
1,535,766
52-wk High
€9.05
52-wk Low
€4.70

Latest Key Developments (Source: Significant Developments)

ENCE Says State Asks Court to Declare Null Application On Pontevedra Land
Thursday, 14 Mar 2019 

March 14 (Reuters) - Ence Energia y Celulosa SA ::SAYS STATE HAS ASKED HIGH COURT TO DECLARE NULL AND VOID THE RESOLUTION OF JANUARY 20, 2016 BY WHICH ENCE WAS GRANTED EXTENSION OF CONCESSION ON LANDS WHERE ITS PULP PLANT IN PONTEVEDRA IS LOCATED.SAYS WILL CONTINUE DEFENDING THE LEGALITY OF THE CONCESSION AND WILL TAKE ANY NECESSARY ACTIONS TO SECURE INTERESTS OF ITS STAKEHOLDERS. Source text for Eikon: nCNMbhvhkV.  Full Article

ENCE Says New Strategic Plan On Track
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Ence Energia y Celulosa SA ::SAYS NEW STRATEGIC PLAN ON TRACK.SAYS TO REACH €340 MILLION EBITDA IN 2019 WITH AN AVERAGE PULP PRICE OF 1,050 $/T AND 1.20 $/€.TO INCREASE SHAREHOLDER REMUNERATION, WITH A 50 PERCENT DIVIDEND PAY-OUT.SAYS FY 2019 PULP SALES FORECAST OF MORE THAN 1 MILLION TONS.FY 2019 RENEWABLE EBITDA TARGET OF 65 MILLION EUROS.  Full Article

ENCE FY Net Profit Up At 129.1 Mln Euros YoY
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - Ence Energia y Celulosa SA ::FY NET PROFIT 129.1 MILLION EUROS VERSUS 91.8 MILLION EUROS YEAR AGO.FY NET SALES 832.0 MILLION EUROS VERSUS 740.3 MILLION EUROS YEAR AGO.FY EBITDA 290.9 MILLION EUROS VERSUS 216.0 MILLION EUROS YEAR AGO.TO PROPOSE GROSS FINAL DIVIDEND OF 0.054 EUR PER SHARE.  Full Article

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

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The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: