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Kordsa Teknik Tekstil AS (KORDS.IS)

KORDS.IS on Istanbul Stock Exchange

7.81TRY
15 Feb 2018
Change (% chg)

0.11TL (+1.43%)
Prev Close
7.70TL
Open
7.75TL
Day's High
7.90TL
Day's Low
7.73TL
Volume
582,234
Avg. Vol
1,020,607
52-wk High
9.09TL
52-wk Low
6.39TL

Latest Key Developments (Source: Significant Developments)

Kordsa Teknik Tekstil Announces Future Looking Evaluations
Friday, 29 Dec 2017 

Dec 29 (Reuters) - KORDSA TEKNIK TEKSTIL ::EXPECTS $60 MLN REVENUE, UP 35 PERCENT FOR 2018 .EXPECTS $45.0 MLN REVENUE FROM NEW PRODUCTS FOR 2017.SEES AROUND $15.0 MLN - $20.0 MLN REVENUE IN 5 YEARS FROM CONSTRUCTION REINFORCEMENT SEGMENT.SEES AROUND $5.0 MLN REVENUE FROM COMPOSITE MATERIALS.  Full Article

Turkey's Kordsa Says U.S. Unit to buy two companies for around $100 million
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Kordsa Teknik Tekstil As ::U.S. UNIT DECIDES TO BUY FABRIC DEVELOPMENT, INC. AND TEXTILE PRODUCT, INC. FOR AROUND $100 MILLION.  Full Article

Kordsa Teknik unit Kordsa Inc. to acquire two US-based firms at about $100.0 mln
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - KORDSA TEKNIK TEKSTIL ::ITS WHOLLY-OWNED US-BASED UNIT KORDSA INC. DECIDES TO ACQUIRE FABRIC DEVELOPMENT COMPANY AND TEXTILE PRODUCT COMPANY WORTH OF ABOUT USD 100.0 MILLION IN TOTAL .THE ACQUISITION TO BE FINALISED AFTER THE APPROVAL OF ANTITRUST AND FOREIGN COMPETITION COMMITTEE OF UNITED STATES .  Full Article

Kordsa Teknik Q3 net profit rises to 33.4 million lira
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - KORDSA TEKNIK ::REPORTED ON MONDAY Q3 NET PROFIT OF 33.4 MILLION LIRA VERSUS 18.0 MILLION LIRA YEAR AGO .Q3 REVENUE OF 598.8 MILLION LIRA VERSUS 442.6 MILLION LIRA YEAR AGO .  Full Article

Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS gives 2016 revenue growth outlook in line with analysts' estimates-Reuters
Thursday, 24 Mar 2016 

Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS:See 10-20 percent growth in 2016 revenue provided that depending on the price of oil and derivative products- Reuters.Sees FY 2016 EBITDA growth at 10-20 percent.Foresees advantages arisen from currencies of developing countries where it operates to have positive impact on profitability.FY 2016 revenue growth at 19 percent- Thomson Reuters I/B/E/S Estimates.  Full Article

BRIEF-Kordsa Teknik Tekstil Announces Future Looking Evaluations

* SEES AROUND $15.0 MLN - $20.0 MLN REVENUE IN 5 YEARS FROM CONSTRUCTION REINFORCEMENT SEGMENT