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Ecorodovias Infraestrutura e Logistica SA (ECOR3.SA)

ECOR3.SA on Sao Paulo Stock Exchange

13.20BRL
2:37am IST
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R$ -0.23 (-1.71%)
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R$ 13.43
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R$ 19.22
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Latest Key Developments (Source: Significant Developments)

ASTM Group Signs Dissociation Agreement With Primav And Ecorodovias
Friday, 31 Jul 2020 

July 31 (Reuters) - ASTM SpA ::ASTM GROUP SIGNED DISSOCIATION AGREEMENT WITH PRIMAV AND ECORODOVIAS TO REORGANISE THEIR EQUITY STAKE .UNIT WILL CONSOLIDATE CONTROL OVER ECORODOVIAS, EITHER DURING CAPITALIZATION OR THROUGH SUCCESSIVE TRANSACTIONS ON CAPITAL MARKET.UNDER DEAL, AFTER COMPLETION OF PRIMAV'S SPIN-OFF ECORODOVIAS' SHAREHOLDERS SHALL RESOLVE ON SHARE CAPITAL INCREASE.SHARE CAPITAL INCREASE FOR TOTAL BASE AMOUNT COMPRISED BETWEEN R$1,200 MILLION (APPROX. EUR 200 MILLION) AND R$ 1,800 MILLION (APPROX. EUR 300 MILLION).  Full Article

Brazil's Ecorodovias Says Traffic In Its Highways Fell 27% Between March 16 And May 19 Due To Covid Pandemic- Filing
Thursday, 21 May 2020 

May 21 (Reuters) - :BRAZILIAN TOLL ROAD OPERATOR ECORODOVIAS SAYS TRAFFIC IN ITS HIGHWAYS FELL 27% BETWEEN MARCH 16 AND MAY 19 DUE TO COVID PANDEMIC- FILING.  Full Article

Brazilian toll road operator Ecorodovias Reports Q3 Net Loss Of 408.6 Million Reais
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Ecorodovias Infraestrutura e Logistica SA ::REPORTS Q3 NET LOSS OF 408.6 MILLION REAIS (REFINITIV POLL REAIS).REPORTS Q3 EBITDA OF -9.8 MILLION REAIS.  Full Article

Brazil's Ecorodovias Reports Q2 Net Result Of 58.5 Million Reais (Refinitiv Poll 93.08 Million Reais)
Friday, 26 Jul 2019 

July 25 (Reuters) - Ecorodovias Infraestrutura e Logistica SA ::REPORTS Q2 NET RESULT OF 58.5 MILLION REAIS (REFINITIV POLL 93.08 MILLION REAIS).REPORTS Q2 EBITDA PRO FORMA OF 474.4 MILLION REAIS (REFINITIV POLL 463.9 MILLION REAIS).  Full Article

Brazil's Ecorodovias Reports Q1 Net Profit Of 84.2 Million Reais
Tuesday, 30 Apr 2019 

April 29 (Reuters) - Ecorodovias Infraestrutura e Logistica SA ::REPORTS Q1 NET PROFIT OF 84.2 MILLION REAIS.REPORTS Q1 EBITDA OF 448.2 MILLION REAIS.  Full Article

ASTM FY Net Profit From Continued Operations At EUR 166.5 Mln
Wednesday, 27 Mar 2019 

March 28 (Reuters) - ASTM SpA ::REPORTED ON WEDNESDAY FY NET PROFIT FROM CONTINUED OPERATIONS EUR 166.5 MLN VERSUS EUR 149.6 MLN YEAR AGO.FY TOTAL REVENUES EUR 1.99 BLN VERSUS EUR 1.74 BLN YEAR AGO.PROPOSES FINAL DIVIDEND OF EUR 0.302 /SHR.UPDATES ON REASONS BEHIND POSTPONEMENT OF APPROVAL OF 2018 RESULTS BY BOARD.ECORODOVIAS'S BOARD DID NOT PROPOSE DIVIDENDS FOR PRUDENTIAL REASONS IN ADDITION TO INTERIM ONES IN ORDER TO ALLOCATE REST OF FY 2018 PROFIT TO RESERVE.UNIT ECORODOVIAS HAS ACKNOWLEDGED INVESTIGATION BY FEDERAL PROSECUTOR'S OFFICE IN PARANA AGAINST TWO FORMER MANAGERS OF TWO OF UNITS ECOVIA AND ECOCATARATAS.INDIRECT UNITS SAID THAT ONLY THEIR REMOVED EXECUTIVES WERE THE SUBJECT OF THE CRIMINAL LAWSUIT, NOT THE COMPANIES.FEDERAL PROSECUTION OFFICE ESTIMATES MINIMAL DAMAGES OF BRL 200.5 MLN FOR ECOVIA AND BRL 935.5 MLN FOR ECOCATARATAS.ECORODOVIAS SAID IT IS CONDUCTING ITS OWN INVESTIGATION INTO THE FACTS.UPDATES ON DECISION OF FEDERAL LOWER COURT IN CURITIBA (PARANA) FOLLOWING ECORODOVIAS'S BOARD MEETING REGARDING CORRUPTION CASE INVOLVING ALL OF PARANA'S CONCESSIONS.FEDERAL LOWER COURT IN CURITIBA (PARANA) ORDERED TO FREEZE CURRENT ACCOUNTS AND TO SEIZE SOME ASSETS OF ECORODOVIAS'S UNITS, AS WELL AS TO TAKE INTO CUSTODY THE PEOPLE INVOLVED.COURT ESTIMATES DAMAGES OF BRL 82.6 MLN AND BRIBES OF BRL 7.7 MLN FROM ALL COMPANIES INVOLVED, I.E. THE TWO UNITS AND OTHER COMPANIES NOT RELATED TO ECORODOVIAS.  Full Article