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Kordsa Teknik Tekstil AS (KORDS.IS)

KORDS.IS on Istanbul Stock Exchange

10.14TRY
15 Nov 2018
Change (% chg)

-0.04TL (-0.39%)
Prev Close
10.18TL
Open
10.21TL
Day's High
10.28TL
Day's Low
10.05TL
Volume
504,419
Avg. Vol
1,202,397
52-wk High
11.15TL
52-wk Low
5.83TL

Latest Key Developments (Source: Significant Developments)

Kordsa Unit Acquires Advanced Honeycomb Technologies Corporation For $3.2 Million
Tuesday, 2 Oct 2018 

Oct 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::SAID ON TUESDAY UNIT KORDSA INC. ACQUIRES 100 PERCENT SHARES OF ADVANCED HONEYCOMB TECHNOLOGIES CORPORATION FOR $3.2 MILLION.EXPECTS TO GENERATE NEW ANNUAL INCREASE OF ABOUT $4 MILLION IN OUR COMPOSITE REVENUES IN THE US .  Full Article

Kordsa Q2 Net Profit Increases To 74.7 Million Lira
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - KORDSA TEKNIK ::Q2 REVENUE 825.4 MILLION LIRA VERSUS 607.9 MILLION LIRA YEAR AGO.Q2 NET PROFIT 74.7 MILLION LIRA VERSUS 27.0 MILLION LIRA YEAR AGO.REVISES 2018 GUIDANCE UPWARDS.FOR 2018 SALES : %25-35 (WITH THE EFFECTS OF FDI & TPI %30-40).FOR 2018 EBITDA : %30-40 (WITH FDI & TPI %35-45) .  Full Article

Kordsa Global's Unit Kordsa Inc Completes To Acquire Two USA-based Co's At $98.2 Mln
Monday, 16 Jul 2018 

July 16 (Reuters) - KORDSA TEKNIK TEKSTIL AS ::UNIT KORDSA INC COMPLETES TO ACQUIRE FABRIC DEVELOPMENT INC AND TEXTILE PRODUCTS INC AT $98.2 MILLION.DECIDES TO PARTICIPATE IN CAPITAL INCREASE OF SUBSIDIARY KORDSA INC IN THE USA BY $65.0 MILLION.  Full Article

Kordsa Teknik Completes Approval Process To Acquire Fabric Development And Textile Products Inc
Monday, 2 Jul 2018 

July 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::SAID ON MONDAY COMPLETES APPROVAL PROCESS OF THE COMMITTEE ON FOREIGN INVESTMENT IN THE US TO ACQUIRE FABRIC DEVELOPMENT AND TEXTILE PRODUCTS INC .TARGET COMPANIES PROVIDE ADVANCED COMPOSITE MATERIALS TO THE COMMERCIAL AVIATION INDUSTRY.  Full Article

Kordsa Q1 Net Profit Slightly Down At 61.0 Million Lira
Thursday, 3 May 2018 

May 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::Q1 REVENUE 712.9 MILLION LIRA VS 631.2 MILLION LIRA YEAR AGO.Q1 NET PROFIT 61.0 MILLION LIRA VS 61.1 MILLION LIRA YEAR AGO.  Full Article

Kordsa Global Approval Process Of US Bureau Of Competition Was Completed To Acquire Two Companies
Friday, 13 Apr 2018 

April 13 (Reuters) - KORDSA TEKNIK TEKSTIL ::APPROVAL PROCESS OF US BUREAU OF COMPETITION WAS COMPLETED TO ACQUIRE TWO COMPOSITE MATERIAL COMPANIES.  Full Article

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

BRIEF-Kordsa Unit Acquires Advanced Honeycomb Technologies Corporation For $3.2 Million

* SAID ON TUESDAY UNIT KORDSA INC. ACQUIRES 100 PERCENT SHARES OF ADVANCED HONEYCOMB TECHNOLOGIES CORPORATION FOR $3.2 MILLION