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Relevant events

Ercros and the unions reach an agreement for the restructuring of personnel

Barcelona, November 28, 2017. - The management of Ercros and the workers' representatives have reached today an agreement on the restructuring of personnel derived from the European ban on the use of mercury technology in the chlorine production process.

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Purchase of treasury shares announcement

Barcelona, November 28, 2017. - In accordance with the provisions of article 228 of Royal Legislative Decree 4/2015, of October 23, which approves the revised text of the Securities Market Law, Ercros, S.A. (hereinafter, "the Company"), by means of this letter, communicates the following

 
RELEVANT EVENT

As a follow-up to the relevant event (No. 255,034) published on July 26, 2017, the Company informs that, under the second program of repurchase of treasury shares to be amortized, during the period elapsed between November 20, 2017 and November 24, 2017, it has carried out the purchase of 54,000 treasury shares.

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Purchase of treasury shares announcement

Barcelona, November 23, 2017. - In accordance with the provisions of article 228 of Royal Legislative Decree 4/2015, of October 23, which approves the revised text of the Securities Market Law, Ercros, S.A. (hereinafter, "the Company"), by means of this letter, communicates the following

RELEVANT EVENT

As a follow-ups to the relevant event (No. 255,034) published on July 26, 2017, the Company informs that, under the second program of repurchase of treasury shares to be amortized, during the period elapsed between November 14, 2017 and November 17, 2017, it has carried out the purchase of 48,716 treasury shares.

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Purchase of treasury shares announcement

Barcelona, November 14, 2017. - In accordance with the provisions of article 228 of Royal Legislative Decree 4/2015, of October 23, which approves the revised text of the Securities Market Law, Ercros, S.A. (hereinafter, "the Company"), by means of this letter, communicates the following


RELEVANT EVENT

As a follow-up to the relevant event (No. 255,034) published on July 26, 2017, the Company reports that, under the program for the repurchase of treasury shares, it has carried out during the period elapsed between November 3, 2017 and November 10, 2017, the purchase of 34,024 treasury shares, according to the following breakdown:

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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.

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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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