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JOST Werke AG (JSTG.DE)

JSTG.DE on Xetra

31.50EUR
6 Aug 2020
Change (% chg)

€-0.20 (-0.63%)
Prev Close
€31.70
Open
€31.55
Day's High
€32.00
Day's Low
€31.05
Volume
27,446
Avg. Vol
40,952
52-wk High
€39.60
52-wk Low
€18.62

Latest Key Developments (Source: Significant Developments)

Jost Werke Acquires Ålö Holding For An Enterprise Value Of 250 Mln Euros
Friday, 13 Dec 2019 

Dec 12 (Reuters) - JOST Werke AG ::DGAP-ADHOC: JOST WERKE AG: ​​​​​​​JOST ACQUIRES ÅLÖ HOLDING AB, ONE OF THE WORLD'S LEADING MANUFACTURERS OF AGRICULTURAL FRONT LOADERS.AGREED PURCHASE PRICE CORRESPONDS TO AN ENTERPRISE VALUE OF EUR 250 MILLION.JOST HAS SIGNED A PURCHASE AGREEMENT TO ACQUIRE 100 % OF SHARE CAPITAL IN ÅLÖ HOLDING AB.ACQUISITION IS EXPECTED TO BE ACCRETIVE TO JOST'S EARNINGS ALREADY IN 2020.TRANSACTION WILL BE FINANCED THROUGH A COMBINATION OF CASH, EXISTING CREDIT LINES AND A NEW TERM LOAN.FOR 2019, ÅLÖ EXPECTS REVENUES OF AROUND EUR 200 MILLION.FUTURE SYNERGIES WITH JOST ARE NOT YET INCLUDED IN EXPECTATIONS FOR 2020.FOR 2019, ÅLÖ EXPECTS ADJUSTED EBITDA BETWEEN EUR 25 MILLION AND EUR 26 MILLION.ON A STABLE REVENUE BASIS, IN 2020 ADJUSTED EBITDA IS EXPECTED TO GROW IN RANGE OF EUR 27 MILLION TO EUR 31 MILLION FOR ALO.  Full Article

Jost Werke AG Says Adjusts Forecast For Fiscal Year 2019
Friday, 8 Nov 2019 

Nov 7 (Reuters) - JOST Werke AG ::DGAP-ADHOC: JOST WERKE AG: JOST PUBLISHES PRELIMINARY INTERIM RESULTS AND ADJUSTS FORECAST FOR FISCAL YEAR 2019.SALES IN 9 MONTHS 2019 GREW BY 1.9 % TO EUR 579.1 MILLION.ADJUSTED EBIT IN 9 MONTHS 2019 INCREASED BY 0.4% TO EUR 65.5 MILLION.FORECAST FOR FISCAL YEAR 2019 ADJUSTED.OPERATING CASH FLOW IN 9M 2019 DOUBLED TO EUR 56.4 MILLION.FOR 2019 EXPECTS A SLIGHT DECLINE IN SALES IN LOW SINGLE-DIGIT PERCENTAGE RANGE COMPARED TO 2018.EBIT MARGIN IN 2019 SHOULD REMAIN ALMOST STABLE COMPARED TO PREVIOUS YEAR.  Full Article

Jost Werke Q2 Adjusted EBIT Up At EUR 22.7 Mln
Thursday, 22 Aug 2019 

Aug 22 (Reuters) - JOST WERKE AG ::INCREASES SALES AND EARNINGS IN SECOND QUARTER.Q2 ADJUSTED EBIT RISES BY 6.6% TO EUR 22.7 MILLION.Q2 ADJUSTED EBIT MARGIN REMAINS STABLE AT 11.2%.GROUP OUTLOOK CONFIRMED: SALES AND ADJUSTED EBIT EXPECTED TO RISE BY LOW SINGLE-DIGIT PERCENTAGE COMPARED TO 2018.Q2 SALES INCREASE BY 5.7% TO EUR 201.8 MILLION.LARS BRORSEN WILL HAND OVER POSITION OF CEO TO JOACHIM DÜRR EFFECTIVE OCTOBER 1, 2019.Q2 PROFIT AFTER TAXES DECREASED TO EUR 9.1 MILLION IN (Q2 2018: EUR 22.7 MILLION).  Full Article

Jost Werke ABB: Bookrunner Says Priced At €31.00 Per Share
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Bookrunner on JOST Werke AG ABB::JOST WERKE ABB: BOOKRUNNER SAYS PRICED AT €31.00 PER SHARE.JOST WERKE ABB: BOOKRUNNER SAYS TRADE DATE 26 JUNE (T); SETTLEMENT DATE 28 JUNE (T+2).  Full Article

Jost Werke ABB: Bookrunner Says Offering About 1.5 Mln Secondary Shares
Tuesday, 25 Jun 2019 

June 25 (Reuters) - JOST Werke AG ::JOST WERKE ABB: BOOKRUNNER SAYS ABOUT 1.5 MILLION SECONDARY SHARES ABB.JOST WERKE ABB: BOOKRUNNER SAYS PRICE GUIDANCE TO BE DETERMINED BY BOOKBUILD.JOST WERKE ABB: BOOKRUNNER SAYS 25 JUNE EXPECTED LAUNCH OF TRANSACTION AND START OF BOOKBUILDING.JOST WERKE ABB: BOOKRUNNER SAYS 26 JUNE EXPECTED END OF BOOKBUILDING, SUBJECT TO ACCELERATION.JOST WERKE ABB: BOOKRUNNER SAYS 28 JUNE EXPECTED SETTLEMENT (T+2).  Full Article

Jost Werke FY Consolidated Net Profit Up At EUR 53.5 Mln
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - JOST WERKE AG ::FY ORGANIC SALES GROW BY 10% IN 2018, AND REPORTED SALES BY 8% TO EUR 755.4 MILLION.FY ADJUSTED EBIT RISES BY 6% TO EUR 81.2 MILLION.FY CONSOLIDATED NET PROFIT INCREASES TO EUR 53.5 MILLION (2017: EUR -62.8 MILLION).FY NET DEBT REDUCED TO EUR 85.2 MILLION (2017: EUR 113.3 MILLION).  Full Article

Jost Werke Q3 Profit Up 36 Pct To EUR 8.6 Million
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - JOST Werke AG ::DGAP-NEWS: JOST WERKE AG: ​JOST INCREASES ORGANIC SALES BY 10% AND PROFITS BY 36% IN THIRD QUARTER OF 2018.Q3 2018 SALES RISE 9% TO EUR 187.0 MILLION; ORGANIC GROWTH OF 10%.Q3 2018 ADJUSTED EBIT UP 4% TO EUR 20.3 MILLION.Q3 2018 CONSOLIDATED PROFIT IMPROVES BY 36% TO EUR 8.6 MILLION.JOST CONFIRMS FULL-YEAR GUIDANCE FOR 2018; SALES TARGET AT UPPER END OF RANGE.APPOINTS DR. CHRISTIAN TERLINDE AS CHIEF FINANCIAL OFFICER.  Full Article

Jost Werke Confirms 2018 Outlook After H1 Report
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - JOST Werke AG ::H1 SALES 381.1 MILLION EUR.STILL SEES MID TO HIGH SINGLE-DIGIT ORGANIC SALES GROWTH IN 2018.STILL SEES MID-SINGLE-DIGIT INCREASE IN 2018 ADJUSTED EBIT.H1 ADJUSTED EBIT 45.0 MILLION EUR.H1 PROFIT AFTER TAXES 34.7 MILLION EUR.  Full Article

German stocks - Factors to watch on July 1

BERLIN, July 1 The following are some of the factors that may move German stocks on Wednesday: