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United Kingdom

Saras SpA (SRS.MI)

SRS.MI on Milan Stock Exchange

1.70EUR
19 Oct 2018
Change (% chg)

€-0.05 (-3.13%)
Prev Close
€1.75
Open
€1.77
Day's High
€1.77
Day's Low
€1.66
Volume
5,088,540
Avg. Vol
3,288,661
52-wk High
€2.39
52-wk Low
€1.57

Latest Key Developments (Source: Significant Developments)

Saras Massimo Moratti S.A.P.A. And Mobro S.P.A. Complete Placement Of Shares
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Saras SpA ::MASSIMO MORATTI S.A.P.A. AND MOBRO S.P.A. COMPLETE PLACEMENT OF SHARES EQUAL TO APPROXIMATELY 10%OF SAR AS' ORDINARY SHARES CAPITAL.  Full Article

Bookrunner Says Books Are Covered In Saras ABB
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Saras SpA's Bookrunner::BLOCKTRADE-SARAS SPA: BOOKRUNNER SAYS BOOKS ARE COVERED.  Full Article

Massimo Moratti, Mobro Launch Sale Of Up To 95.1 Mln Saras Shares
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Massimo Moratti::MASSIMO MORATTI S.A.P.A. AND MOBRO S.P.A. LAUNCH SALE OF UP TO 95.1 MILLION ORDINARY SHARES IN SARAS S.P.A..MASSIMO MORATTI - CO AND MOBRO S.P.A. JOINTLY STARTED PLACEMENT OF UP TO 95.1 MILLION SHARES IN SARAS WHICH IS ABOUT 10 PERCENT OF SARAS SHARE CAPITAL.MASSIMO MORATTI - PLACEMENT WILL BE MADE TO CERTAIN INSTITUTIONAL INVESTORS BY WAY OF AN ACCELERATED BOOKBUILDING PROCESS.MASSIMO MORATTI - BOOKBUILDING WILL COMMENCE IMMEDIATELY AND BOOKS MAY BE CLOSED AT ANY TIME.MASSIMO MORATTI - MERRILL LYNCH INTERNATIONAL HAS BEEN APPOINTED BY EACH OF SELLERS TO ACT AS SOLE BOOKRUNNER OF PLACEMENT.MASSIMO MORATTI - FOLLOWING PLACEMENT COMPLETION, CO AND MOBRO WILL CONTINUE TO BE TWO LARGEST SHAREHOLDERS OF SARAS.  Full Article

Saras Q2 Comparable EBITDA At EUR 78.8 Mln
Monday, 30 Jul 2018 

July 30 (Reuters) - Saras SpA ::Q2 COMPARABLE NET INCOME EUR 6.3 MILLION VERSUS AVERAGE COMPANY-PROVIDED CONSENSUS OF EUR 24 MILLION.Q2 REVENUE EUR 3.17 BILLION VERSUS EUR 2.03 BILLION YEAR AGO.Q2 COMPARABLE EBITDA EUR 78.8 MILLION VERSUS AVERAGE COMPANY-PROVIDED CONSENSUS OF EUR 79 MILLION.SEES POSITIVE NET FINANCIAL POSITION AT YEAR-END.REFINERY IN H2 WILL BE ABLE TO OPERATE AT FULL CAPACITY AND TO OBTAIN HIGHER RESULTS COMPARED TO H1.WITH REGARD TO ELECTRICITY GENERATION, CO EXPECTS CONSOLIDATION OF RESULTS ACHIEVED IN THE FIRST HALF.  Full Article

Saras Q1 Comparable EBITDA Down At EUR 71.6 Mln
Monday, 14 May 2018 

May 14 (Reuters) - Saras SpA ::Q1 REVENUE EUR 2.41 BILLION VERSUS EUR 1.90 BILLION YEAR AGO.Q1 COMPARABLE EBITDA EUR 71.6 MILLION VERSUS EUR 124.1 MILLION YEAR AGO.Q1 COMPARABLE NET INCOME EUR 8.5 MILLION VERSUS EUR 52.5 MILLION YEAR AGO.  Full Article

Saras S.P.A. Says Financial Statements As Of 31st Dec 2017 Approved
Friday, 27 Apr 2018 

April 27 (Reuters) - Saras SpA ::SARAS S.P.A. FINANCIAL STATEMENTS AS OF 31ST DECEMBER 2017 APPROVED.RESOLVED DISTRIBUTION OF A DIVIDEND FOR FINANCIAL YEAR 2017 EQUAL TO EUR 0,12 PER SHARE.REALIZED REVENUES FOR EUR 7,850 MILLION IN 2017, UP BY EUR 1,873 VERSUS PREVIOUS YEAR.2017 EBITDA WAS EUR 284 MILLION, BELOW PREVIOUS YEAR, DUE TO LOWER REFINERY MARGINS IN 2017.  Full Article

Saras: Private Placement Of Bonds For Total Nominal Value Of EUR 200 Mln
Friday, 22 Dec 2017 

Dec 22 (Reuters) - SARAS SPA ::ANNOUNCES PRIVATE PLACEMENT OF BONDS FOR TOTAL NOMINAL VALUE OF EUR 200 MILLION.BONDS TO HAVE MATURITY IN 2022 AND TO HAVE FIXED COUPON OF 1.70 PERCENT ON ANNUAL BASIS.  Full Article

Italy's Saras says 9-month net profit down 28 pct
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Saras :says 9-month revenues 5.7 billion euros.says 9-month reported net profit 109 million euros, down 28 pct.says 9-month comparable EBITDA 413 million euros.  Full Article