Statements of relevant information

Statements of relevant information

Below you can find the communications of relevant information sent by Ercros to the CNMV.

In the "Relevant information" tab you will find all the communications sent from 8-02-2020, the date on which the regulations on this matter changed, to the present day.

In the "History" tab you will find the "Relevant facts" issued from 2019 to 8-02-2020.

Ercros guarantees that the relevant facts contained on this page correspond exactly to those sent by the Company to the CNMV, and disseminated by it to the market. The facts prior to those included in this section are available on the CNMV website.
Financial information
Barcelona,
In the first nine months of 2023, Ercros has obtained a contribution of EUR 190 million, an ebitda of EUR 42 million and a profit of EUR 6 million
Shareholder capital
Barcelona,
Ercros reports that, on July 24, 2023, the public deed of the reduction of its share capital amounting to EUR 1,548,897.00 has been registered in the Mercantile Register of Barcelona, corresponding to the cancellation of 5,162,990 own shares of EUR 0.30 of nominal value, representing 5.34% of the share capital.
Financial information
Barcelona,
The financial report for the first half of 2023 contains, among other things, the following individual and consolidated information: the balance sheet, the profit and loss account, the statement of income and expenses, the total statement of changes in net worth or the statement of cash flows.
Financial information
Barcelona,
In the first semester of 2023, Ercros obtains a contribution of 145 million, an ebitda of 45 million and a profit of 16 million. Ercros maintains a solid financial situation, with 130 million euros of liquidity.
Shareholder capital
Barcelona,
The board of directors of the Company, held on June 10, 2022, after the AGM, agreed, in accordance with the agreement of the AGM in item three of the agenda, to execute the reduction of share capital. After this transaction, the share capital of Ercros will be fixed at EUR 27,430,859.70, corresponding to 91,436,199 ordinary shares of a EUR 0.30 nominal value.
Shareholder capital
Barcelona,
the Company's board of directors, at its meeting held on June 16, 2023, has approved the eighth treasury shares repurchase program to cancell them. The programa will have a maximum amount of EUR 25 million and can not exceed 8% of the current share capital (7.7 million shares).El programa tendrá un importe máximo de 25 millones de euros y no podrá exceder del 8% del capital social actual (7,7 millones de acciones). The validity of the program ends on December 31, 2024.
Shareholder remuneration
Barcelona,
The Company reports that, in accordance with the application of the result of Ercros, S.A. corresponding to the fiscal year 2022 approved by the annual general meeting held today, the distribution of the cash dividend from the 2022 profit, amounting 15 (fifteen) euro cents gross per share, will be made next June 28, 2023.
Shareholders' meeting
Barcelona,
The general meeting of Ercros shareholders, which was held today in Barcelona, has approved all the resolution proposals presented by the board of directors. Among them, those that refer to shareholder remuneration charged to the 2022 profit stand out, that is, the repurchase of own shares to be redeemed and the payment of a dividend, which amounts to 32.5 million euros, 50% of the 65 million of Ercros S.A. profit in the past year.
Shareholders' meeting
Barcelona,
The ordinary shareholders' meeting of Ercros, held in Barcelona, on June 16, 2023, has approved all the resolution proposals included in the agenda. The meeting was attended by 5,435 shareholders holding 72,299,735 shares, representing 74.845% of the subscribed capital.
Shareholders' meeting
Barcelona,
In his speech to the shareholders' meeting, held in Barcelona, on June 16, 2023, the president of the Company, Antonio Zabalza, highlighted the record results that Ercros obtained in 2022, despite the strong energy shock caused by the war in Ukraine. According to Zabalza "Ercros was able to take advantage of the strong inertia in the demand for chemical products to increase its margins, thanks to maintaining a high utilization rate of its installed capacity and a constant presence in the markets in which it operates”.
Ercros guarantees that the relevant facts contained on this page correspond exactly to those sent by the Company to the CNMV, and disseminated by it to the market. The facts prior to those included in this section are available on the CNMV website.
Company activity
Sabiñánigo,
The expansion of the production capacity of the ATCC plant of the Ercros factory in Sabiñánigo already works at full capacity, which has allowed the manufacture of this product to be increased by 6,000 t/year to reach 28,000 t/year. The cost of the investment has amounted to 14 million euros.
Company activity
Barcelona,

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.

Also, the company has extended until the end of 2021 the contract for the supply of chlorine, which the company maintains with said customer, who is the largest consumer of this product of the company. Said chlorine will be supplied by pipeline from the Vila-seca I factory (Tarragona), which has also increased the capacity of its electrolysis plant.

Company activity
Barcelona,

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.



Also, the company has extended until the end of 2021 the contract for the supply of chlorine, which the company maintains with said customer, who is the largest consumer of this product of the company. Said chlorine will be supplied by pipeline from the Vila-seca I factory (Tarragona), which has also increased the capacity of its electrolysis plant.
 

Financial information
Barcelona ,
The ebitda obtained by Ercros in the third quarter of 2019 was 11.7% higher than in the same period of the previous year. Regarding to the overall first nine months of the year, ebitda has been 24.1% lower than that achieved in the same period of 2018. Ercros expects the ebitda fourth quarter to be better than that achieved in the fourth quarter of last year, a fact that will reduce the annual fall compared to 2018.
Company activity
Barcelona,

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.

After this expansion, Ercros total chlorine production capacity is 217,000 t/year (172,000 t/year at the Vila-seca I factory and 45,000 t/year at the Sabiñánigo factory), which consolidates the company as the first Spanish and ninth European manufacturer of chlorine and caustic soda.

Company activity
Barcelona,

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.



After this expansion, Ercros total chlorine production capacity is 217,000 t/year (172,000 t/year at the Vila-seca I factory and 45,000 t/year at the Sabiñánigo factory), which consolidates the company as the first Spanish and ninth European manufacturer of chlorine and caustic soda.

Shareholder capital
Barcelona,

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:

RELEVANT EVENT

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.

Shareholder capital
Barcelona,

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:
 

Financial information
Barcelona,

Ercros reaches 29.7 million of ebitda and 10.5 million of profit

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.

Company activity
Barcelona,

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.