SURTECO GROUP


Associated tags: SE, EBIT

Locations: DEUTSCHLAND, AMERICA, ASIA, DEUTSCHLAND, SUR, BERLIN, GERMANY, ASIA, AUSTRALIA, ASIEN, AUSTRALIEN, SUR, BERLIN, STUTTGART, ASHBOURNE, UNITED KINGDOM, UK

EQS-News: SURTECO GROUP SE: Purchase contract for acquisition of the OMNOVA 'laminates and performance films and coated fabrics' divisions from Synthomer PLC has been closed effective February 28, 2023

Retrieved on: 
Tuesday, February 28, 2023
Buttenwiesen, SE, Acquisition, Synthomer, Islamabad Wildlife Management Board, CFO, Sale, Publishing, Financial services

SURTECO GROUP SE: Purchase contract for acquisition of the OMNOVA 'laminates and performance films and coated fabrics' divisions from Synthomer PLC has been closed effective February 28, 2023

Key Points: 
  • SURTECO GROUP SE: Purchase contract for acquisition of the OMNOVA 'laminates and performance films and coated fabrics' divisions from Synthomer PLC has been closed effective February 28, 2023
    The issuer is solely responsible for the content of this announcement.
  • SURTECO GROUP SE: Purchase contract for acquisition of the OMNOVA "laminates and performance films and coated fabrics" divisions from Synthomer PLC has been closed effective February 28, 2023
    Buttenwiesen, 28 February 2023 – SURTECO GROUP SE hereby announces the closing of the purchase contract dated 13 December 2022 for acquisition of the OMNOVA "laminates and performance films and coated fabrics" division from Synthomer PLC.
  • The divisions specialize in the production and sale of laminates, foils and vinyl-coated fabrics at locations in the United States and Thailand.
  • This takeover was an important step to move forward the company´s focused corporate strategy of internationalization.

EQS-News: SURTECO GROUP SE: Sales continue to outperform previous year, but strong fall in demand during third quarter

Retrieved on: 
Friday, October 28, 2022
SE, Saskatchewan River Sturgeon Management Board, Income tax, EBIT, International Committee of the Decorative Laminates Industry, Tutoring

SURTECO GROUP SE: Sales continue to outperform previous year, but strong fall in demand during third quarter

Key Points: 
  • SURTECO GROUP SE: Sales continue to outperform previous year, but strong fall in demand during third quarter
    The issuer is solely responsible for the content of this announcement.
  • SURTECO GROUP SE: Sales continue to outperform previous year, but strong fall in demand during third quarter
    Sales expected between 730 and 750 million, and EBIT between 37 and 42 million for 2022
    Buttenwiesen, 26 October 2022 SURTECO GROUP SE, holding company for leading national and international brands of surface technology, was impacted by a drastic slowdown in demand during the third quarter of 2022.
  • As a consequence of the increasingly difficult framework conditions particularly in the European market, quarterly sales remained 6% below the year-earlier value.
  • Sales went up from 102.6 million in the previous year to 112.5 million, and EBIT rose from 10.4 million to 12.3 million.