Barcelona, November 26, 2019. - Ercros has signed a new formaldehyde supply contract with its main client. This contract will be valid during the period 2021-2030 and the product will be supplied from Tortosa factory (Tarragona), which has recently expanded the capacity of its facilities.
Barcelona, November 6, 2019. - The gross operating result («ebitda») obtained by Ercros in the third quarter of 2019 was EUR 16.75 million, 11.7% higher than in the same period of the previous year, and slightly higher than ebitda of the second quarter of 2019 (+1.7%). Even despite the fact that, for seasonal reasons (inclusion of the summer vacation period), the third quarters tend to have a lower ebitda than the second ones.
Barcelona, October 21, 2019. - According to the Act Plan announced by Ercros, the company has completed the third expansion of the capacity of the chlorine and caustic soda production plant at the Vila-seca I factory, with the starting up of a new electrolyzer that expands the capacity of the plant by another 26,000 t/year.
Barcelona, September 10, 2019. - Pursuant to article 228 of Royal Decree 4/2015 of October 23, approving the consolidated text of the Securities Market Law, Ercros, S.A. (hereinafter "Ercros"), and as a continuation of the relevant event published on July 3, 2019 (number 279.820), hereby announces the following:
Ercros reports that, on August 23, 2019, the deed of the reduction of its share capital in EUR 888,240, has been registered in the Mercantile Register of Barcelona, corresponding to the redemption of 2,960,800 own shares, of EUR 0.30 of nominal value, representing 2.745% of the share capital.
Barcelona, 2019 July, 29. - In line with the guidance disclosed on 2019/12/06 for the first half of 2019, Ercros has reached an ebitda of EUR 29.7 million and a net profit of EUR 10.5 million. These figures are lower than those obtained in the same period of 2018 (35.7% and 62.7%, respectively), however, we must note that in the first half of 2018, results were particularly high.
Profit declined due to the downward trend of the cycle in the chlorine-alkali sector, which began in mid-2018. Sales were up reaching EUR 345,446 thousand, 3.2% higher than in the same period of 2018, due to higher volumes after the addition of new capacity in chlorine and caustic soda, PVC, polyols and synthesis and fermentation of pharmaceutical products despite falling sales prices.
| Ercros guarantees that the relevant events that appear on this website correspond exactly to those sent to the CNMV by the company and disseminated by that organisation. The relevant events preceding those included in this section are available on the website of the CNMV. |
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