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Ercros, Gold member of the Fundación Empresa y Clima

Barcelona, ​​July 4, 2019. - Ercros has joined, as a Gold member, the Company and Climate Foundation (Fundación Empresa y Clima – FEC), a private institution, founded in 2008, which is a benchmark for mitigation and adaptation to climate change among companies. In September 2010, the foundation was named Observer Member of the United Nations.

LOGO FEC horitzontal22

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Ercros informs on the beginning of the share capital reduction through the amortization of own shares

Barcelona, July 3, 2019. - 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 “Ercros” or “the Company”), and in relation to relevant events No. 262474, on March 1, 2018, No. 266852, on June 15, 2018, and No. 279195, on June 14, 2019, by means of this letter, communicates the following:

RELEVANT EVENT

On June 14, 2019, a reduction of share capital by the amount of 888,240 euros was approved by the annual general meeting (“AGM”) of the Company, through the amortization of the 2,960,800 shares held by the Company in treasury, of a nominal value of 0.30 euros each, representing 2.745% of the share capital.

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Ercros participates in the creation of the new management and modernization entity of the Almussafes’ Polígono Norte

Almussafes, July 2, 2019. - Ramon Collado, director of the Ercros factory in Almussafes, together with the rest of the members of the Association of Employers of Parks and Industrial Estates of the Ribera Baixa (APPI), has participated in the creation of an entity with the purpose of managing and modernizing this industrial area, as reflected in the new Law of Industrial Areas of the Valencian Community.

Foto reunio poligon Almussafes

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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.

FotoMuestra articulos2

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