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Kordsa Teknik Tekstil AS (KORDS.IS)

KORDS.IS on Istanbul Stock Exchange

11.91TRY
18 Jul 2019
Change (% chg)

-0.04TL (-0.33%)
Prev Close
11.95TL
Open
11.94TL
Day's High
11.99TL
Day's Low
11.84TL
Volume
499,156
Avg. Vol
791,899
52-wk High
12.83TL
52-wk Low
6.85TL

Latest Key Developments (Source: Significant Developments)

Kordsa Global Announces 2019 Guidance
Tuesday, 2 Apr 2019 

April 2 (Reuters) - KORDSA TEKNIK TEKSTIL AS ::EXPECTS CONSOLIDATED SALES GROWTH: 30%-40% (TL-BASIS); 10%-15% (USD-BASIS).EXPECTS CONSOLIDATED EBITDA GROWTH: 30%-40% (TRY-BASIS); 10%-15% (USD-BASIS) IN 2019.EXPECTS COMPOSITE BUSINESS SEGMENT REVENUE IN 2019 : $105-$115 MILLION.  Full Article

Kordsa Global To Pay Dividend Of Net 0.2975 Lira Per Share For FY 2018
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - KORDSA TEKNIK TEKSTIL AS ::PROPOSES TO PAY DIVIDEND OF NET 0.2975 LIRA PER SHARE FOR FY 2018.  Full Article

Kordsa Global Acquires 95.83 Percent Of Axiom Materials Acquisition LLC For $174.8 Million
Monday, 18 Feb 2019 

Feb 18 (Reuters) - KORDSA TEKNIK TEKSTIL AS ::ACQUIRES 95.83 PERCENT OF AXIOM MATERIALS ACQUISITION LLC FOR $174.8 MILLION.  Full Article

Kordsa Unit Acquires Advanced Honeycomb Technologies Corporation For $3.2 Million
Tuesday, 2 Oct 2018 

Oct 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::SAID ON TUESDAY UNIT KORDSA INC. ACQUIRES 100 PERCENT SHARES OF ADVANCED HONEYCOMB TECHNOLOGIES CORPORATION FOR $3.2 MILLION.EXPECTS TO GENERATE NEW ANNUAL INCREASE OF ABOUT $4 MILLION IN OUR COMPOSITE REVENUES IN THE US .  Full Article

Kordsa Q2 Net Profit Increases To 74.7 Million Lira
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - KORDSA TEKNIK ::Q2 REVENUE 825.4 MILLION LIRA VERSUS 607.9 MILLION LIRA YEAR AGO.Q2 NET PROFIT 74.7 MILLION LIRA VERSUS 27.0 MILLION LIRA YEAR AGO.REVISES 2018 GUIDANCE UPWARDS.FOR 2018 SALES : %25-35 (WITH THE EFFECTS OF FDI & TPI %30-40).FOR 2018 EBITDA : %30-40 (WITH FDI & TPI %35-45) .  Full Article

Kordsa Global's Unit Kordsa Inc Completes To Acquire Two USA-based Co's At $98.2 Mln
Monday, 16 Jul 2018 

July 16 (Reuters) - KORDSA TEKNIK TEKSTIL AS ::UNIT KORDSA INC COMPLETES TO ACQUIRE FABRIC DEVELOPMENT INC AND TEXTILE PRODUCTS INC AT $98.2 MILLION.DECIDES TO PARTICIPATE IN CAPITAL INCREASE OF SUBSIDIARY KORDSA INC IN THE USA BY $65.0 MILLION.  Full Article

Kordsa Teknik Completes Approval Process To Acquire Fabric Development And Textile Products Inc
Monday, 2 Jul 2018 

July 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::SAID ON MONDAY COMPLETES APPROVAL PROCESS OF THE COMMITTEE ON FOREIGN INVESTMENT IN THE US TO ACQUIRE FABRIC DEVELOPMENT AND TEXTILE PRODUCTS INC .TARGET COMPANIES PROVIDE ADVANCED COMPOSITE MATERIALS TO THE COMMERCIAL AVIATION INDUSTRY.  Full Article

Kordsa Q1 Net Profit Slightly Down At 61.0 Million Lira
Thursday, 3 May 2018 

May 3 (Reuters) - KORDSA TEKNIK TEKSTIL ::Q1 REVENUE 712.9 MILLION LIRA VS 631.2 MILLION LIRA YEAR AGO.Q1 NET PROFIT 61.0 MILLION LIRA VS 61.1 MILLION LIRA YEAR AGO.  Full Article

Kordsa Global Approval Process Of US Bureau Of Competition Was Completed To Acquire Two Companies
Friday, 13 Apr 2018 

April 13 (Reuters) - KORDSA TEKNIK TEKSTIL ::APPROVAL PROCESS OF US BUREAU OF COMPETITION WAS COMPLETED TO ACQUIRE TWO COMPOSITE MATERIAL COMPANIES.  Full Article

Kordsa Teknik Tekstil Announces Future Looking Evaluations
Friday, 29 Dec 2017 

Dec 29 (Reuters) - KORDSA TEKNIK TEKSTIL ::EXPECTS $60 MLN REVENUE, UP 35 PERCENT FOR 2018 .EXPECTS $45.0 MLN REVENUE FROM NEW PRODUCTS FOR 2017.SEES AROUND $15.0 MLN - $20.0 MLN REVENUE IN 5 YEARS FROM CONSTRUCTION REINFORCEMENT SEGMENT.SEES AROUND $5.0 MLN REVENUE FROM COMPOSITE MATERIALS.  Full Article