Relevant events

Ercros obtains a profit over EUR 34 million

Barcelona, November 13, 2017. - Ercros ended the third quarter of 2017 with a profit of EUR 34.14 million, 25.2 % higher than the one obtained in the same period last year, and with an ebitda of EUR 55.59 million, a 14.5 % higher than the one reached in the first nine months of 2016.

Sales have reached EUR 486.44 million, being 13 % higher than those obtained in the first nine months of 2016. The increase in sales has been general in all business areas, and particularly pronounced in caustic soda and PVC markets.

Expenditures amounted to EUR 458.20 million, an increase of 9.5 % compared to the third quarter of 2016. This section includes the augmentation in supplies, which have raised the cost by 17.7 %, mainly due to the increase of the price of electricity, and of procurements, which have grown by 14.5 %, due to the increment in the price of the main raw materials, especially methanol. Personnel expenses, meanwhile, have increased its cost by 5.9 % due to the wage increment set in the sector agreement and to the application of agreements that have allowed the cancellation of the historical commitments acquired with the company’s passive personnel.

Read more...

Purchase of treasury shares announcement

Barcelona, November 2, 2017. - Pursuant to article 228 of Royal Legislative Decree 4/2015, of October 23, approving the consolidated text of the Securities Market Law, Ercros, S.A. (Hereinafter "the Company"), by means of this letter, hereby announces the following

RELEVANT EVENT

Following the relevant event (number 255.034) published on July 26, 2017, the Company reports that, under the share repurchase programs, it has carried out, during the period between October 25, 2017 and October 27, 2017, the following operations on its treasury shares:

Read more...

Ercros begins the staff restructuring negotiations

Barcelona, October 30, 2017. - Ercros has begun today the negotiation process with the workers' representatives to agree on the restructuring of personnel resulting from the closure of the chlorine production plants using mercury technology at the factories in Flix and Vila-seca I, as well as the closure of the Cardona factory that supplies raw materials (sodium chloride) to these plants.

Read more...

Ercros renews the syndicated financing agreement

Barcelona, October 30, 2017. - Ercros and a pool of financial institutions reached last Friday 27 an agreement to renew, at maturity, the current line of financing available, amounting to EUR 102.14 million, implemented through a syndicated factoring agreement that anticipates accounts to charge customers.

Read more...

Purchase of treasury shares announcement

Barcelona, October 25, 2017. - Pursuant to article 228 of Royal Legislative Decree 4/2015, of October 23, approving the consolidated text of the Securities Market Law, Ercros, S.A. (Hereinafter "the Company"), by means of this letter, hereby announces the following

RELEVANT EVENT

Following the relevant event (number 255.034) published on July 26, 2017, the Company reports that, under the share repurchase programs, it has carried out, during the period between October 17, 2017 and October 23, 2017, the following operations on its treasury shares:

Read more...

btn news icona

Search

Archive

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.

.

btn shareholder office-eng

Inicio