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Akasol AG (ASLG.DE)

ASLG.DE on Xetra

33.41EUR
21 Oct 2019
Change (% chg)

€1.50 (+4.72%)
Prev Close
€31.91
Open
€31.79
Day's High
€33.79
Day's Low
€31.79
Volume
18,458
Avg. Vol
11,287
52-wk High
€50.65
52-wk Low
€29.60

Latest Key Developments (Source: Significant Developments)

Akasol Plans To Open Production Facility In USA
Wednesday, 26 Jun 2019 

June 26 (Reuters) - AKASOL AG ::ENTERS NORTH AMERICAN MARKET WITH NEW PRODUCTION FACILITY.PLANNED INVESTMENT IN MID TWO-DIGIT MILLION EURO VOLUME OVER A DURATION OF 5 YEARS.SUPPORTED BY A ONE-DIGIT MILLION EURO GRANT FROM STATE OF MICHIGAN.PLANNED OPENING FOR US PRODUCTION FACILITY IN 2020.NEW LOCATION SUPPORTS DYNAMIC EXPANSION AND MEETS GROWING DEMAND FROM MAJOR INTERNATIONAL CUSTOMERS.IT IS EXPECTED THAT NEW FACILITY WILL GENERATE OVER 200 JOBS OVER 5 YEARS.  Full Article

Akasol FY Profit At EUR -0.7 Mln
Monday, 15 Apr 2019 

April 15 (Reuters) - AKASOL AG ::49.1% REVENUE GROWTH TO EUR 21.6 MILLION IN 2018 (2017: EUR 14.5 MILLION).ORDER BACKLOG THROUGH 2024 REMAINED CONSISTENTLY HIGH AT EUR 1.47 BILLION, AS OF CLOSING ON DECEMBER 31, 2018.ADJUSTED EBIT FOR 2018 OF EUR 1.7 MILLION, ADJUSTED EBIT MARGIN OF 8.1% (2017: EUR 1.1 MILLION AND 7.7%).REVENUES OF AT LEAST EUR 60 MILLION EXPECTED FOR 2019, A MULTIPLE OF 2018 ANNUAL REVENUES.FY ANNUAL PROFIT WAS EUR -0.7 MILLION (2017: EUR 0.6 MILLION).OUTLOOK 2019: EBIT MARGIN OF AT LEAST 7% IS TARGETED.  Full Article

Akasol AG Says Carsten Bovenschen Becomes CFO
Friday, 11 Jan 2019 

Jan 10 (Reuters) - Akasol AG ::DGAP-ADHOC: AKASOL AG: CARSTEN BOVENSCHEN BECOMES CHIEF FINANCIAL OFFICER; DR. CURT PHILIPP LORBER RESIGNS FROM THE MANAGEMENT BOARD.  Full Article

Akasol 9-month Adj EBIT Of EUR 1.2 Million
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Akasol AG ::SALES GROWTH OF 45.1% TO EUR 13.6 MILLION IN FIRST NINE MONTHS OF 2018 (9M 2017: EUR 9.4 MILLION).ORDER BACKLOG THROUGH 2024 AT STEADY HIGH LEVEL OF EUR 1.47 BILLION.ADJUSTED EBIT OF EUR 1.2 MILLION FOR FIRST NINE MONTHS OF 2018.CONFIRMATION OF FULL-YEAR SALES FORECAST OF EUR 22 MILLION TO EUR 24 MILLION AND AN ADJUSTED EBIT MARGIN OF AROUND 7%.  Full Article

Akasol Expands Presence On North American Market
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - AKASOL AG ::FOCUS ON INTERNATIONAL EXPANSION.MANAGEMENT BOARD APPOINTS NEW MANAGING DIRECTOR FOR AKASOL INC. IN THE US.AKASOL INC.'S PRODUCTION SITE IS TO BE COMMISSIONED IN LATE 2019 IN USA.  Full Article

Akasol Wins Charging Infrastructure Order
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Akasol AG ::DGAP-ADHOC: AKASOL AG: AKASOL AG WINS STRATEGICALLY IMPORTANT ORDER IN THE FIELD OF CHARGING INFRASTRUCTURE FOR E-MOBILITY APPLICATIONS.FORECAST REMAINS UNCHANGED FOR FISCAL YEAR 2018, EXPECTING SALES OF EUR 22 MILLION TO EUR 24 MILLION.ORDER AMOUNTS TO A MID-SINGLE-DIGIT MILLION-EURO VALUE.  Full Article