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Wielton SA (WLTP.WA)

WLTP.WA on Warsaw Stock Exchange

11.64PLN
18 Apr 2019
Change (% chg)

-0.34zł (-2.84%)
Prev Close
11.98zł
Open
12.00zł
Day's High
12.18zł
Day's Low
11.42zł
Volume
40,226
Avg. Vol
35,856
52-wk High
14.42zł
52-wk Low
8.58zł

Latest Key Developments (Source: Significant Developments)

Wielton To Receive Up To 21.8 mln zloty Support For New Investment
Monday, 10 Dec 2018 

Dec 10 (Reuters) - WIELTON SA ::SAYS LODZ SPECIAL ECONOMIC ZONE HAS DECIDED TO SUPPORT CO'S NEW INVESTMENT.SUBJECT TO SOME CONDITIONS BEING MET, MAXIMUM VALUE OF SUPPORT WOULD AMOUNT TO 21.8 MILLION ZLOTYS.SAYS MAXIMUM ELIGIBLE COSTS OF PLANNED INVESTMENT TO REACH 62.4 MILLION ZLOTYS.CO PLANS TO SET UP PRODUCTION LINE FOR UNDERCARRIAGES AND INCREASE CURRENT PRODUCTION CAPACITY IN EXISTING PLANTS.THE DECISION HAS BEEN GRANTED FOR THE PERIOD OF 12 YEARS .  Full Article

Wielton: Following Fire Accident, Co Able To Provide Production Capacity Meeting Current Workflow
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Wielton SA ::UPDATE ON FIRE IN FACTORY IN WIELUN: ACCORDING TO MANAGEMENT CO IS ABLE TO PROVIDE PRODUCTION CAPACITY MEETING CURRENT DEMAND.FIRE TOOK PLACE IN LIMITED SPACE IN FACTORY NO 1 IN ONE OF THREE CO'S PAINT SHOPS IN WIELUN, POLAND.REDUCED CAPACITY IN FACTORY AFFECTED BY FIRE TO BE FULLY COMPLEMENTED BY OTHER TWO FACILITIES ON SITE.  Full Article

Wielton H1 Net Profit Rises To 38.3 Million Zlotys
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - WIELTON SA ::H1 NET PROFIT 38.3 MILLION ZLOTYS VERSUS 28.6 MILLION ZLOTYS YEAR AGO.H1 REVENUE 983.4 MILLION ZLOTYS VERSUS 790.8 MILLION ZLOTYS YEAR AGO.  Full Article

Wielton To Acquire Lawrence David For Max. GBP 48 Mln
Monday, 17 Sep 2018 

Sept 17 (Reuters) - WIELTON SA ::HAS SIGNED AGREEMENT TO ACQUIRE SHARES IN UK-BASED LAWRENCE DAVID LIMITED (LAWRENCE DAVID) .UNDER AGREEMENT TO BUY 75% OF SHARES IN LAWRENCE DAVID LIMITED FOR GBP 26 MILLION AS OF OCT. 1 (NOT LATER THAN AT OCT.- END).UNDER AGREEMENT TO BUY REMAINING STAKE IN LAWRENCE DAVID LIMITED AT END OF FY 2021/2022 IN EARN-OUT MODEL.EARN-OUT MODEL ASSUMES THE MAXIMUM PRICE FOR THE REMAINING 25% STAKE IN THE COMPANY AT GBP 22 MLN IN CASE THE AVERAGE EBITDA MARGIN OF LAWRENCE DAVID IS AT GBP 10 MLN OVER 2019-2022.LAWRENCE DAVID IS A COMMERCIAL AND RIGID TRAILER TRUCK BODY MANUFACTURER IN THE UK, IT REPORTED FY 2017/2018 NET PROFIT AT ABOUT GBP 3.5 MLN.UNDER AGREEMENT, LAURENCE DAVID MARSHALL (THE SELLER) HAS A PUT OPTION UNDER WHICH HE CAN SELL THE BUYER THE REMAINING STAKE FOR GBP 8.8 MLN BETWEEN JUNE 2020 AND MAY 2022.  Full Article

Wielton Q1 Net Profit Up At 19.8 Million Zlotys YoY
Tuesday, 22 May 2018 

May 22 (Reuters) - Wielton SA ::Q1 NET PROFIT 19.8 MILLION ZLOTYS VERSUS 14.3 MILLION ZLOTYS YEAR AGO.Q1 REVENUE 479.9 MILLION ZLOTYS VERSUS 380.1 MILLION ZLOTYS YEAR AGO.Q1 OPERATING PROFIT 25.6 MILLION ZLOTYS VERSUS 21.7 MILLION ZLOTYS YEAR AGO.Q1 GROSS MARGIN AT 13.9 PERCENT VERSUS 13.3 PERCENT YEAR AGO.  Full Article

Wielton FY Net Profit Rises To 77.3 Million Zlotys
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Wielton SA ::FY NET PROFIT 77.3 MILLION ZLOTYS VERSUS 55.1 MILLION ZLOTYS YEAR AGO.FY REVENUE 1.6 BILLION ZLOTYS VERSUS 1.20 BILLION ZLOTYS YEAR AGO.FY OPERATING PROFIT 89.0 MILLION ZLOTYS VERSUS 82.4 MILLION ZLOTYS YEAR AGO.  Full Article

Wielton Sings Annex To Framework Agreement With Scania Peter
Wednesday, 21 Mar 2018 

March 21 (Reuters) - WIELTON SA ::SINGS ANNEX TO FRAMEWORK AGREEMENT WITH SCANIA PETER LLC EXTENDING IT TILL DEC. 31, 2018‍​.UNDER AGREEMENT CO TO DELIVER PRODUCTS OF UP TO 5 MILLION EUROS IN THE PERIOD OF JAN. - DEC..  Full Article

Wielton Signs 3-Year Framework Agreement For Parts Deliveries
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Wielton Sa ::SIGNS 3-YEAR FRAMEWORK AGREEMENT FOR DELIVERIES OF PARTS FOR TRAILERS AND SEMI-TRAILERS.ESTIMATED VALUE OF AGREEMENT IS ABOUT EUR 135 MILLION.AGREEMENT SIGNED BETWEEN SAF-HOLLAND, SAF-HOLLAND POLSKA (SELLERS) AND CO, FRUEHAUF AND LANGENDORF (BUYERS).THE FRAMEWORK AGREEMENT IS FOR 3 YEARS FROM JAN. 1, 2018, TILL DEC. 31, 2020.  Full Article

Wielton To Reach 100 Pct of Fruehauf
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Wielton SA ::DAUPHINE INVESTISSEMENTS EXERCISES PUT OPTION, CO TO ACQUIRE 34.69% STAKE IN FRUEHAUF FOR ABOUT EUR 11 MILLION.CO TO REACH 100 % STAKE IN FRUEHAUF.  Full Article

Wielton Signs Annex To Agreement on Purchase Of Stake In Fruehauf
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Wielton SA ::SAID ON FRIDAY IT HAS SIGNED AN ANNEX TO THE AGREEMENT ON THE PURCHASE OF 34.69 PERCENT SHARES IN FRUEHAUF SAS .THE APPENDIX CLARIFIES THE PURCHASE PRICE FOR THE STAKE AT ABOUT 11 MILLION EUROS, WHICH COMPRISES BASIC PURCHASE PRICE OF 6.6 MILLION EUROS, ITS VALORISATION AND PREMIUM BASED ON FRUEHAUF'S FINANCIAL RESULTS.IF FRUEHAUF'S MINORITY SHAREHOLDERS EXERCISES PUT OPTION THE SHARES WILL BE TRANSFERRED ON DEC. 28, IF WIELTON EXERCISES CALL OPTION THEY WILL BE TRANSFERRED WITHIN 6 DAYS FROM THE RELEVANT ANNOUNCEMENT.  Full Article