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Fagron NV (FAGRO.BR)

FAGRO.BR on Brussels Stock Exchange

16.39EUR
16 Aug 2019
Change (% chg)

€0.39 (+2.44%)
Prev Close
€16.00
Open
€15.91
Day's High
€16.45
Day's Low
€15.91
Volume
169,071
Avg. Vol
214,612
52-wk High
€18.36
52-wk Low
€13.43

Latest Key Developments (Source: Significant Developments)

Fagron H1 EBITDA Increased To 54.2 Million Euros
Monday, 5 Aug 2019 

Aug 5 (Reuters) - FAGRON NV ::REG-FAGRON NV: TURNOVER INCREASE OF 10.6%; REBITDA INCREASED TO €55.6 MILLION.H1 TURNOVER INCREASED TO EUR 255.4 MILLION (+10.6%).H1 NET PROFIT(3) INCREASED TO EUR 26.8 MILLION (+44.4%).H1 STRONG OPERATIONAL CASH FLOW OF EUR 37.5 MILLION.H1 EBITDA INCREASED TO EUR 54.2 MILLION (+13.8%).NET FINANCIAL DEBT/REBITDA RATIO OF 2.55 ON 30 JUNE 2019.WE ARE CONFIDENT THAT WE WILL REALISE A NICE INCREASE OF TURNOVER AND PROFITABILITY IN SECOND SEMESTER OF 2019 IN COMPARISON TO SAME PERIOD IN 2018.  Full Article

Waterland And Baltisse Complete Private Placement Of Shares In Fagron
Wednesday, 3 Jul 2019 

July 3 (Reuters) - FAGRON NV ::REG-WATERLAND AND BALTISSE HAVE SUCCESSFULLY COMPLETED THE PRIVATE PLACEMENT OF SHARES IN FAGRON.SETTLEMENT WILL TAKE PLACE ON 5 JULY 2019.TRADING OF FAGRON SHARE ON EURONEXT BRUSSELS AND AMSTERDAM WILL BE RESUMED SOON AFTER PUBLICATION OF THIS PRESS RELEASE.SELLING SHAREHOLDER WILL STILL HOLD 20.2% OF FAGRON'S CURRENT OUTSTANDING CAPITAL.SHARES HAVE BEEN PLACED AT A PRICE OF EUR 16.20 PER SHARE, RESULTING IN A PLACEMENT AMOUNT OF C. EUR 116.4 MILLION.SUCCESSFUL PRIVATE PLACEMENT OF 7,184,391 EXISTING ORDINARY SHARES ( "SHARES") OF FAGRON.BELFIUS NV/SA, IN COOPERATION WITH KEPLER CHEUVREUX S.A., JOH. BERENBERG, GOSSLER & CO. KG AND KEMPEN & CO N.V. ACTED AS JOINT BOOKRUNNERS.  Full Article

Fagron: Waterland And Baltisse To Sell About 33% Of Their Stake
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Fagron NV ::REG-FAGRON NV: WATERLAND AND BALTISSE ANNOUNCE PRIVATE PLACEMENT OF SHARES IN FAGRON.UNTIL RESULTS OF PRIVATE PLACEMENT ARE ANNOUNCED, TRADING OF FAGRON'S SHARES ON REGULATED MARKETS OF EURONEXT BRUSSELS AND AMSTERDAM WILL BE SUSPENDED.WATERLAND AND BALTISSE INTEND TO SELL THROUGH PRIVATE PLACEMENT, UP TO ABOUT 7.2 MILLION EXISTING ORDINARY SHARES.SELLING SHAREHOLDER HAS AGREED TO A LOCK-UP OF 90 CALENDAR DAYS FOR ALL FAGRON SHARES NOT SOLD IN PRIVATE PLACEMENT.SHARES PLACED REPRESENT ABOUT 10% OF FAGRON'S CURRENT OUTSTANDING CAPITAL AND CORRESPONDS TO ABOUT 33% OF SELLING SHAREHOLDER'S STAKE.PRIVATE PLACEMENT WILL BE CONDUCTED BY MEANS OF AN ACCELERATED BOOKBUILDING.BOOKS OPEN WITH IMMEDIATE EFFECT AND MAY CLOSE ON SHORT NOTICE.  Full Article

Fagron Reaches Settlement In Principle With US Department Of Justice
Wednesday, 26 Jun 2019 

June 26 (Reuters) - FAGRON NV ::FAGRON NV: FAGRON REACHES SETTLEMENT IN PRINCIPLE WITH US DEPARTMENT OF JUSTICE.FINAL, LEGALLY BINDING, SETTLEMENT IS EXPECTED TO BE FORMALIZED IN SECOND SEMESTER OF 2019.SETTLEMENT IN PRINCIPLE CONSISTS OF A PAYMENT BY FAGRON OF US$ 22.3 MILLION (EUR 19.6 MILLION).FAGRON TAKES AN ADDITIONAL PROVISION OF US$ 13.9 MILLION, WHICH WILL BE INCLUDED IN RESULTS OF FIRST SEMESTER OF 2019.  Full Article

Fagron Q3 Turnover Increases To Eur 114.9 Million
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Fagron NV ::REG-FAGRON CONTINUES STRONG TURNOVER GROWTH OF FIRST SEMESTER IN THE THIRD QUARTER OF 2018.Q3 TURNOVER INCREASES BY 11.8% TO EUR 114.9 MILLION.EXPECTED TO END YEAR 2018 WELL AND IS EXCELLENTLY POSITIONED FOR FURTHER GROWTH IN 2019.  Full Article

Fagron Acquires Humco in United States
Tuesday, 3 Apr 2018 

April 3 (Reuters) - FAGRON NV ::FAGRON STRENGTHENS STRATEGIC POSITION IN USA THROUGH HIGHLY COMPLEMENTARY ACQUISITION OF HUMCO.ACQUISITION PRICE FOR HUMCO AMOUNTS TO US$ 47.5 MILLION (APPROXIMATELY EUR 38.6 MILLION).ACQUISITION PRICE INCLUDES POTENTIAL PERFORMANCE LINKED EARN-OUT OF UP TO US$ 22.5 MILLION IN CASH OVER A TWO-YEAR PERIOD.TOTAL CONSIDERATION FOR ACQUISITION OF HUMCO IS THUS CAPPED AT US$ 70.0 MILLION.TRANSACTION INCLUDES ALL TECHNOLOGIES, SCIENTIFIC DATA, PATENTS AND TRADEMARKS AND PRODUCTION FACILITY OF HUMCO IN TEXAS.  Full Article

Humco And Fagron To Combine For Up To 70 Million Dollars
Tuesday, 3 Apr 2018 

April 3 (Reuters) - FAGRON NV ::HUMCO AND FAGRON TO COMBINE FOR UP TO US $70 MILLION.‍GREGORY PULIDO, HUMCO'S CHAIRMAN AND CHIEF EXECUTIVE OFFICER, WILL TRANSITION TO ROLE OF EXECUTIVE CHAIRMAN​.ANDREW PULIDO, HUMCO'S CURRENT PRESIDENT, GLOBAL PHARMACEUTICALS, WILL ASSUME THE SOLE ROLE OF PRESIDENT AT HUMCO.  Full Article

Fagron FY Rebitda Increased 5.7% To 95.7 Million Euros
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - FAGRON NV ::REG-FAGRON TURNOVER INCREASED BY 3.6% TO € 436.9 MILLION AND NET PROFIT INCREASED TO € 47.0 MILLION.FY REBITDA INCREASED 5.7% TO EUR 95.7 MILLION OR 21.9% OF TURNOVER.FY EBIT INCREASED 317.2% TO EUR 74.6 MILLION OR 17.1% OF TURNOVER.STRONG OPERATIONAL CASH FLOW OF EUR 84.2 MILLION.DIVIDEND PROPOSAL OF EUR 0.10 PER SHARE.FURTHER GROWTH OF TURNOVER AND PROFITABILITY EXPECTED IN 2018.FY NET PROFIT EUR 47.1 MILLION VERSUS LOSS OF EUR 18.1 MILLION YEAR AGO.  Full Article

Fagron Inc Selected By API For Active Ingredients For Compounding
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - FAGRON, INC: :FAGRON, INC. WAS RECENTLY SELECTED BY API TO DIRECTLY SERVICE CUSTOMERS WITH ACTIVE INGREDIENTS FOR COMPOUNDING.  Full Article

Cannimed Therapeutics Announces Cannabis Distribution Agreement With Fagron NV
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Cannimed Therapeutics Inc ::CANNIMED THERAPEUTICS INC. ANNOUNCES STRATEGIC INTERNATIONAL CANNABIS DISTRIBUTION AGREEMENT WITH FAGRON NV.CANNIMED THERAPEUTICS INC - ‍ IS WORKING TO SUPPLEMENT ITS CANADIAN GMP COMPLIANT STATUS WITH GMP CERTIFICATION IN EUROPE FOR ITS CANNABIS PRODUCTS.CANNIMED THERAPEUTICS INC - ‍FAGRON AND CANNIMED ANTICIPATE FIRST PRODUCT SALES INTO GERMANY WILL COMMENCE IN Q3 2018​.CANNIMED THERAPEUTICS INC - ‍ PRIMARY INITIAL FOCUS OF CANNABIS DISTRIBUTION AGREEMENT WITH FAGRON NV​ ON GERMANY.CANNIMED THERAPEUTICS- ‍FAGRON TO UTILIZE ITS DISTRIBUTION NETWORK TO MARKET, DISTRIBUTE CANNIMED MEDICINAL CANNABIS PRODUCTS TO 17 SPECIFIED COUNTRIES​.  Full Article

Deals of the day-Mergers and acquisitions

May 13 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: