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Koninklijke Wessanen NV (BSWSc.AS)

BSWSc.AS on Amsterdam Stock Exchange

11.34EUR
22 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Wessanen H1 EBITE Up At 33.3 Million Euros
Friday, 19 Jul 2019 

July 19 (Reuters) - KONINKLIJKE WESSANEN NV ::WESSANEN H1 AND Q2 2019 INTERIM RESULTS: LOW GROWTH AND GOOD OPERATING RESULT.H1 EBITE OF EUR 33.3 MILLION, EQUAL TO 10.4% OF REVENUE FOR H1 (Q2: EUR 12.8 MILLION).AUTONOMOUS GROWTH IN OWN BRANDS 0.5% FOR H1 (Q2: 4.4%).OPERATING PROFIT HAS BEEN HIGHER IN H1 MOSTLY DUE TO A&P PHASING - CEO.SEES FY EBITE PERCENTAGE OF REVENIE IN RANGE OF 8% TO 9%.SEES FY NET FINANCING COSTS AROUND EUR 2.0-2.5 MILLION.SEES FY CAPEX OF EUR 10-12 MILLION.SEES FY DEPRECIATION AND AMORTISATION OF EUR 14-15 MILLION.SEES FY LOW TO MODERATE GROWTH OF OWN BRANDS AND FURTHER REDUCTION OF PRIVATE LABEL AND DISTRIBUTION BRAND SALES.SEES FY TAX RATE AROUND 30%.  Full Article

Koninklijke Wessanen Updates On Offer By PAI, Charles Jobson
Wednesday, 8 May 2019 

May 8 (Reuters) - KONINKLIJKE WESSANEN NV ::UPDATE ON INTENDED OFFER BY PAI AND CHARLES JOBSON FOR WESSANEN.CONSORTIUM EXPECTS TO SUBMIT A REQUEST FOR REVIEW AND APPROVAL OF OFFER MEMORANDUM IN RELATION TO OFFER WITH AFM AND EXPECTS TO DO SO IN JUNE 2019.THE CONSORTIUM AND WESSANEN ANTICIPATE THAT THE OFFER WILL CLOSE IN SEPTEMBER 2019..CONSORTIUM AND WESSANEN CONFIRM THAT THEY ARE MAKING GOOD PROGRESS ON THE PREPARATIONS FOR THE OFFER.THE CONSIDERATION TO BE RECEIVED BY THE SHAREHOLDERS OF WESSANEN IF AND WHEN THE OFFER IS DECLARED UNCONDITIONAL WILL BE ADJUSTED TO EUR 11.36 PER SHARE.CONSORTIUM EXPECTS TO SUBMIT REQUEST FOR REVIEW AND APPROVAL OF OFFER MEMORANDUM IN RELATION TO THE OFFER WITH THE AFM IN JUNE 2019.IN RESPECT OF INTENDED RECOMMENDED PUBLIC OFFER TO BE MADE BY THE CONSORTIUM FOR ALL ISSUED AND OUTSTANDING SHARES OF WESSANEN AT AN OFFER PRICE OF EUR 11.50 IN CASH PER SHARE.  Full Article

Wessanen Will Nominate Francois De Gantes As CFO And Executive Board Member
Wednesday, 24 Apr 2019 

April 24 (Reuters) - KONINKLIJKE WESSANEN NV ::REG-WESSANEN WILL NOMINATE FRANCOIS DE GANTES AS CFO AND EXECUTIVE BOARD MEMBER.  Full Article

CFO Ronald Merckx Will Leave Wessanen
Monday, 25 Feb 2019 

Feb 25 (Reuters) - KONINKLIJKE WESSANEN NV ::CFO CHANGE AT WESSANEN.MR RONALD MERCKX WILL LEAVE WESSANEN TO BECOME CFO OF CENTRIENT PHARMACEUTICALS.WESSANEN HAS COMMENCED A SEARCH FOR A SUCCESSOR OF MR MERCKX; FURTHER ANNOUNCEMENTS WILL BE MADE IN DUE COURSE.  Full Article

Wessanen Q3 EBITE of 14.6 Million
Friday, 19 Oct 2018 

Oct 19 (Reuters) - KONINKLIJKE WESSANEN NV ::REG-WESSANEN TRADING UPDATE Q3 2018: STRONG OPERATING RESULT DESPITE LOWER REVENUE.EBITE OF EUR 42.9 MILLION, EQUAL TO 9.2% OF REVENUE, FOR 9M (Q3: EUR 14.6 MILLION, 10.1% OF REVENUE).Q3 REVENUE EUR 144.2 MILLION VERSUS EUR 147.1 MILLION YEAR AGO.Q3 PROFIT FOR THE PERIOD EUR 10.4 MILLION VERSUS EUR 8.5 MILLION YEAR AGO.Q3 EBITE EUR 14.6 MILLION, 10.1% OF REVENUE.GUIDANCE FOR 2018: EXPECT LOW TO MODERATE GROWTH OF OWN BRANDS, FURTHER REDUCTION OF PRIVATE LABEL SALES.GUIDANCE FOR 2018: EXPECT EBITE % OF REVENUE AT SAME LEVEL AS PRIOR YEAR.GUIDANCE FOR 2018: TAX RATE AROUND 30 PERCENT.GUIDANCE FOR 2018: CAPEX OF EUR 11-13 MILLION.GUIDANCE FOR 2018: DEPRECIATION AND AMORTISATION EUR 9-10 MILLION.GUIDANCE FY 2018: NET FINANCING COSTS AROUND EUR 1.0 MILLION TO EUR 1.5 MILLION.  Full Article

Koninklijke Wessanen EBITE Up At 28.3 Million Euros
Friday, 20 Jul 2018 

July 20 (Reuters) - KONINKLIJKE WESSANEN NV ::EBITE OF €28.3 MILLION, EQUAL TO 8.7% OF REVENUE FOR H1 (Q2: €11.6 MILLION).Q2 PROFIT FOR THE PERIOD EUR 3.9 MILLION VERSUS EUR 7.1 MILLION YEAR AGO.WE ARE CHANGING OUR GUIDANCE FOR OWN BRANDS GROWTH FOR THE YEAR AS A WHOLE TO 'MODERATE'.Q2 REVENUE EUR 156.9 MILLION VERSUS EUR 160.3 MILLION YEAR AGO.FOR FY 2018 EXPECTS EBITE % OF REVENUE AT LEVEL OF PRIOR YEAR.FOR FY 2018 SEES NET FINANCING COSTS AROUND EUR 1.0 MILLION / EUR 1.5 MILLION.FOR FY 2018 SEES CAPITAL EXPENDITURE OF EUR 11 MILLION TO EUR 13 MILLION.FOR FY 2018 SEES TAX RATE AROUND 30%.FOR FY 2018 SEES DEPRECIATION AND AMORTISATION OF EUR 9 MILLION TO EUR 10 MILLION.  Full Article

Wessanen Q1 Revenue Up 1.4 Percent At 166.7 Million Euros
Friday, 20 Apr 2018 

April 20 (Reuters) - KONINKLIJKE WESSANEN NV ::REG-WESSANEN TRADING UPDATE Q1 2018: CONTINUOUS BRAND GROWTH DESPITE STRONG PRIOR YEAR COMPARISON; GUIDANCE FOR 2018 AFFIRMED.Q1 AUTONOMOUS GROWTH IN OWN BRANDS 4.3%.Q1 EBITE OF EUR 16.7 MILLION, EQUAL TO 10% OF REVENUE."WE REMAIN CONFIDENT THAT 2018 WILL BE A SUCCESSFUL YEAR FOR US".IN Q1 REVENUE INCREASED BY 1.4% TO EUR 166.7 MILLION.DEPRECIATION OF BRITISH POUND CONTRIBUTED (0.3)% IN Q1.  Full Article

Koninklijke Wessanen Q3 profit for the period at 8.5 million euros beats Reuters poll
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - KONINKLIJKE WESSANEN NV ::Q3 PROFIT FOR THE PERIOD EUR 8.5‍​ MILLION VERSUS EUR 7.98 MILLION IN REUTERS POLL.‍GUIDANCE FY 2017 * TOTAL REPORTED GROWTH IS EXPECTED TO BE LOW DOUBLE-DIGIT,​.Q3 REVENUE EUR 147.4 MLN‍​ VERSUS EUR 150 MILLION IN REUTERS POLL.‍WE EXPECT EBITE % OF REVENUE TO BE ABOVE 8% FOR FULL YEAR​.SEES ‍2017 NET FINANCING COSTS AROUND EUR 2.0-2.5 MILLION​.Q3 EBITE INCREASES TO €12.8 MILLION; EBITE MARGIN OF 8.7% (YTD: EBITE 43.4M, 9.2%)‍​.SEES 2017 ‍TAX RATE AROUND 30%​.SEES 2017 ‍CAPITAL EXPENDITURES EUR 12-14 MILLION​.SEES 2017 ‍DEPRECIATION AND AMORTISATION EUR 9-10 MILLION​.Q3 EBIT ADJUSTED EUR 12.2‍​ MILLION VERSUS EUR 12.3 MILLION IN REUTERS POLL.  Full Article

Deals of the day-Mergers and acquisitions

July 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: