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Ercros anticipates a quick recovery of the current downward cycle of the chemical sector and allocates 40% of the profit to its shareholders

Barcelona, June 14, 2019. - The Ercros’ ordinary general meeting of shareholders, which has been held today in Barcelona, has approved all items included on the agenda, among which stand out the shareholder remuneration measures, a total amount of EUR 18 million euros, which is equivalent to 40% of the 2018 profit, the maximum percentage provided by the shareholder remuneration policy for that year. In the last three years, Ercros will have paid EUR 47 million to remunerate the shareholders and will have reduced its social capital by more than 9 million shares, which represents a reduction of 8% of the initial capital.

JGA2019

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Ercros expects to obtain a profit of 9 million in the first half

Barcelona, June 12, 2019. - Including the IFRS16 effect, Ercros expects to obtain an ebitda of EUR 29 million and a profit of EUR 9 million in the first six months of 2019. These figures compare with an ebitda of EUR 45.7 million and a profit of EUR 28.1 million from the same period of the previous year.

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European formaldehyde manufacturers sign a voluntary agreement to limit workers' exposure to this product

Barcelona, ​​May 31, 2019. - Ercros has joined a voluntary agreement to reduce the exposure of workers to formaldehyde, anticipating the legislative requirements of the European Union. This agreement is the result of joint work between the trade unions and Formacare, the sectorial group of formaldehyde of the European Chemical Industry Council (Cefic), which represents 34 companies, the main European producers of this material.

Agreement signed large

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The Delsa and Azuli brands of Ercros for the treatment of pool water renew their image

Sabiñánigo, May 16, 2019. - The Delsa and Azuli brands of Ercros products for the treatment of pool water have renewed their graphic image to be more easily recognizable by customers, keeping blue and water as essential elements of the brand image.

collage AZULI

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Ercros increases shareholder remuneration by 17%

Barcelona, May 10, 2019. - The board of directors of Ercros will propose will propose to the ordinary general meeting a shareholder compensation amounting 17.95 million euros, which represents a 40% payout of 2018 consolidated profit, which was 44.52 million euros and which represents an increase by 17% over the shareholder remuneration paid in 2017.

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