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Groupe Gorge SA (GOEG.PA)

GOEG.PA on Paris Stock Exchange

11.10EUR
21 Sep 2020
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Latest Key Developments (Source: Significant Developments)

Groupe Gorge Eyes Recovery In H2 Sales
Tuesday, 28 Jul 2020 

July 28 (Reuters) - Groupe Gorge SA ::H1 CONSOLIDATED REVENUE EUR 108.0 MILLION VERSUS EUR 135.4 MILLION YEAR AGO.OUTLOOK: IS CONFIDENT IN ITS OUTLOOK AND ANTICIPATES A RECOVERY IN SALES IN H2.OUTLOOK: END MARKETS ARE DIVERSIFIED AND SHOULD NOT BE MOST LASTINGLY AFFECTED BY CURRENT CRISIS.ECA GROUP EXPECTS A CONTRACT WORTH MORE THAN €20 MILLION IN THE THIRD QUARTER OF 2020.  Full Article

ECA Q2 Consolidated Revenue Down At 20.5 Million Euros
Tuesday, 28 Jul 2020 

July 28 (Reuters) - ECA SA ::REPORTS TODAY ITS REVENUE FOR SECOND-QUARTER AND FIRST-HALF 2020.IS CONFIDENT IN ITS OUTLOOK AND EXPECTS REVENUE TO RECOVER IN SECOND-HALF 2020.Q2 CONSOLIDATED REVENUE EUR 20.5 MILLION VERSUS EUR 35.9 MILLION YEAR AGO.HAS AN EXCELLENT BACKLOG OF MORE THAN FOUR YEARS OF REVENUE, A SOLID FINANCIAL POSITION WITH AVAILABLE CASH OF EUR 24 MILLION AT JUNE 30, 2020.ECA GROUP IS EXPECTING TO SIGN AN EXPORT CONTRACT WORTH MORE THAN EUR 20 MILLION IN THIRD-QUARTER 2020, FOR SUPPLY OF MINE COUNTERMEASURE SYSTEMS.END-H1 BACKLOG EUR 531.0 MILLION VERSUS EUR 545.5 MILLION YEAR AGO.  Full Article

Groupe Gorge Finalizes Merger Of Van Dam With InterDam
Wednesday, 15 Jul 2020 

July 15 (Reuters) - Groupe Gorge SA ::GROUPE GORGÉ FINALIZES THE MERGER OF VAN DAM WITH INTERDAM.FOLLOWING MERGER, GROUPE GORGÉ WILL REMAIN A MINORITY SHAREHOLDER IN NEW ENTITY AND WILL HOLD 15% OF CAPITAL.GROUPE GORGÉ MAY BENEFIT FROM 15% TO 30% OF ECONOMIC INTERESTS OF NEW GROUP DEPENDING ON EXIT CONDITIONS.MERGER WILL RESULT IN A GAIN ON DISPOSAL OF AROUND EUR3 MILLION RECOGNIZED BY GROUPE GORGÉ IN SECOND-HALF 2020.GROUP RESULTING FROM THIS MERGER WILL BE NAMED INTERDAM.INTEGRATION OF BOTH COMPANIES WILL BE COMPLETED BY END OF 2020 UNDER MANAGEMENT OF CEO FRASER WEIR.  Full Article

Eca Group, Soacsy Have Signed Licensing Agreement
Wednesday, 24 Jun 2020 

June 24 (Reuters) - ECA SA ::ECA GROUP, SOACSY RECENTLY SIGNED LICENSING AGREEMENT GIVING ECA GROUP EXCLUSIVE RIGHTS TO EXPLOIT ITS DEVELOPMENTS FOR DETECTION OF BURIED NAVAL MINES.WILL INDUSTRIALIZE SEACHIRP TECHNOLOGY IN FRAME OF THIS LICENSE AGREEMENT IN ORDER TO PROVIDE NAVIES WITH FULLY OPERATIONAL SOLUTION TO DETECT AND CLASSIFY BURIED SUBSEA MINES.  Full Article

ECA Group Announced Awarded Contract Of Around 4 Million Euros
Thursday, 4 Jun 2020 

June 4 (Reuters) - ECA SA ::ECA GROUP AWARDED AROUND 4 M EUR CONTRACT FOR THE SUPPLY OF STEERING CONSOLES FOR SOUTH KOREAN SUBMARINE JANGBOGO III.EQUIPMENT WILL BE DELIVERED BY 2023 AND OPERATIONAL TESTS WILL BE COMPLETED BY 2027.  Full Article

Groupe Gorgé Executives Lower Remuneration In Context Of COVID-19
Tuesday, 5 May 2020 

May 5 (Reuters) - Groupe Gorge SA ::DIRECTORS OF GROUPE GORGÉ REDUCE THEIR COMPENSATION IN THE CONTEXT OF COVID-19.MAJORITY OF GROUP'S CORPORATE OFFICERS HAVE DECIDED TO REDUCE THEIR COMPENSATION BY 15%.GORGE, CHAIRMAN AND CEO OF GROUPE GORGE REDUCES REMUNERATION BY 50% FOR PERIOD OF LOCKDOWN.GUÉNAËL GUILLERME, CEO OF ECA GROUPE REDUCES REMUNERATION BY 50% FOR PERIOD OF LOCKDOWN.  Full Article

ECA Group Wins Contract Worth Around 20 Million Euros
Monday, 4 May 2020 

May 4 (Reuters) - ECA GROUP ::ECA GROUP WINS A NEW AROUND EUR 20 MILLION CONTRACT IN NAVAL MINE COUNTERMEASURES.  Full Article

ECA Q1 Consolidated Revenue Up At EUR 22.6 Mln, Reduces Dividend
Tuesday, 28 Apr 2020 

April 28 (Reuters) - ECA SA ::Q1 CONSOLIDATED REVENUE EUR 22.6 MILLION VERSUS EUR 21.2 MILLION YEAR AGO.PLANS TO REDUCE AMOUNT OF DIVIDEND FROM 0.5 EURO TO 0.40 EURO PER SHARE, I.E. THE SAME AMOUNT AS THAT PAID IN 2019.THE CRISIS WILL AFFECT THE GROUP'S PERFORMANCE IN 2020, PARTICULARLY IN THE SECOND QUARTER.THE MOST PENALIZED ACTIVITY SHOULD BE THAT OF THE AEROSPACE DIVISION.  Full Article

Groupe Gorge H2 EBITDA Up At EUR 17.4 Mln
Tuesday, 24 Mar 2020 

March 24 (Reuters) - Groupe Gorge SA ::AT DECEMBER 31, 2019, BACKLOG REACHED EUR 606.2 MILLION.PROPOSED DIVIDEND OF EUR 0.35 FOR 2019.NET RESULT AT EUR 23.1M IN 2019.FY EBITDA EUR 17.4 MILLION VERSUS EUR 10.9 MILLION YEAR AGO.AT DECEMBER, 31, 2019, SMART SAFETY SYSTEMS DIVISION'S BACKLOG REACHED EUR 526.3 MILLION, A 4.4-FOLD INCREASE COMPARED TO DECEMBER 31, 2018 .IN THE NEW CONTEXT OF THE COVID-19 CRISIS, GROUPE GORGÉ HAS LIMITED AS MUCH AS POSSIBLE ACTIVITIES WITHIN ITS SITES IN ORDER TO PRESERVE THE HEALTH AND SAFETY OF ITS EMPLOYEES AND IMPLEMENTED BUSINESS CONTINUITY PLAN ALLOWING TO WORK WITH THE MAXIMUM SAFETY OR REMOTELY WHEN POSSIBLE.WILL PROPOSE TO SHAREHOLDERS' MEETING, WHICH WILL TAKE PLACE ON 8 JUNE 2020, DISTRIBUTION OF A DIVIDEND OF EUR0.35 PER SHARE.H2 EBITDA EUR 17.4 MILLION VERSUS EUR 10.9 MILLION YEAR AGO.FY REVENUE EUR 274.6 MILLION VERSUS EUR 253.2 MILLION YEAR AGO.NET RESULT REACHED A RECORD LEVEL OF EUR23 MILLION IN SECOND HALF OF 2019, AN INCREASE OF +EUR21.3 MILLION.STRONG IMPROVEMENT IN OPERATING CASH FLOW, WHICH INCREASED TO EUR 30.4 MILLION IN 2019 COMPARED TO -EUR 3.3 MILLION IN 2018.IN 2019, GROUP'S NET PROFIT SHARE WAS EUR 20.9 MILLION.EXPECTS A SURGE IN ITS MATERIALS BUSINESS, WITH AN INCREASE IN VOLUME CONSUMED.IN 3D PRINTING GROUP HOPES TO RECEIVE ITS FIRST INDUSTRIAL ORDER IN NEXT FEW MONTHS .  Full Article

Groupe Gorge FY Net Result Group Share Turns To Profit Of 20.9 Million Euros
Monday, 23 Mar 2020 

March 23 (Reuters) - GROUPE GORGE SA ::NET INCOME GROUP SHARE EUR 20.9 MILLION VERSUS LOSS OF EUR 1.9 MILLION YEAR AGO.WILL PROPOSE DIVIDEND OF EUR O.35.FY EBITDA EUR 31.7 MILLION VERSUS EUR 16.2 MILLION YEAR AGO.FY REVENUE EUR 274.6 MILLION VERSUS EUR 253.2 MILLION YEAR AGO.OUTLOOK: IT IS IMPOSSIBLE TO ASSESS CORONAVIRUS IMPACT ON TURNOVER OF GROUP.AS OF DEC 31, 2019, NET FINANCIAL DEBT (EXCLUDING RENTAL DEBT RESULTING FROM APPLICATION OF IFRS 16 AND INCLUDING VALUE OF TREASURY SHARES) OF 8.2 MILLION EUR VERSUS NET FINANCIAL DEBT OF 27.7 MILLION EUR AS OF JAN 1, 2019.  Full Article