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Neste Oyj (NESTE.HE)

NESTE.HE on Helsinki Stock Exchange

38.72EUR
21 Feb 2020
Change (% chg)

€-0.19 (-0.49%)
Prev Close
€38.91
Open
€38.52
Day's High
€38.72
Day's Low
€38.22
Volume
1,067,062
Avg. Vol
1,259,789
52-wk High
€39.72
52-wk Low
€27.65

Latest Key Developments (Source: Significant Developments)

Neste Q1 Comparable EBIT EUR 378 Million, Below Estimates
Friday, 26 Apr 2019 

April 26 (Reuters) - Neste Oyj ::NESTE'S INTERIM REPORT FOR JANUARY-MARCH 2019.Q1 SALES EUR 3.77 BILLION (REUTERS POLL: EUR 3.72 BILLION).Q1 COMPARABLE EBIT EUR 378 MILLION (REUTERS POLL: EUR 397 MILLION ).SAYS NESTE HAD A GREAT START FOR YEAR AS RENEWABLE PRODUCTS DELIVERED AN OUTSTANDING PERFORMANCE.RENEWABLE PRODUCTS' SECOND-QUARTER SALES VOLUMES ARE EXPECTED TO BE APPROXIMATELY AT SAME LEVEL AS IN Q1 OF 2019.OIL PRODUCTS' REFERENCE MARGIN IN Q2 IS EXPECTED TO BE HIGHER THAN IN Q1.IN MARKETING & SERVICES SALES VOLUMES AND UNIT MARGINS ARE EXPECTED TO FOLLOW PREVIOUS YEARS' SEASONALITY PATTERN IN Q2.RENEWABLE PRODUCTS DELIVERED BEST EVER QUARTERLY COMPARABLE OPERATING PROFIT AS A RESULT OF SUCCESSFUL MARGIN OPTIMIZATION.PRODUCTS' COMPARABLE OPERATING PROFIT WAS LOWER THAN IN Q1 OF 2018, MAINLY DUE TO A LESS SUPPORTIVE MARKET.  Full Article

Neste To Issue 512.8 Mln New Shares
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Neste Oyj ::NEW SHARES WILL BE ISSUED TO SHAREHOLDERS IN PROPORTION TO THEIR HOLDINGS SO THAT 2 NEW SHARES ARE ISSUED FOR EACH SHARE.A TOTAL OF 512,807,372 NEW SHARES WILL BE ISSUED..NEW SHARES WILL SIMILARLY BE ISSUED WITHOUT PAYMENT TO COMPANY ON BASIS OF TREASURY SHARES HELD BY COMPANY.  Full Article

TechnipFMC wins major contract with Neste in Singapore
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Technipfmc Plc ::AWARDED A SIGNIFICANT CONTRACT FOR THE EXPANSION OF NESTE’S RENEWABLE PRODUCTS FACILITY IN SINGAPORE.TECHNIPFMC AWARDED A SIGNIFICANT CONTRACT FOR THE EXPANSION OF NESTE’S RENEWABLE PRODUCTS FACILITY IN SINGAPORE.PROJECT WILL INCREASE OVERALL NESTE SINGAPORE REFINERY RENEWABLE PRODUCTS PRODUCTION BY UP TO 1.3 MILLION TONS PER YEAR.FOR TECHNIPFMC A "SIGNIFICANT" CONTRACT RANGES BETWEEN $75 MILLION AND $250 MILLION.  Full Article

Neste Makes Major Investment In Singapore
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Neste Oyj ::NESTE STRENGTHENS ITS GLOBAL LEADING POSITION IN RENEWABLE PRODUCTS WITH A MAJOR INVESTMENT IN SINGAPORE.MADE FINAL INVESTMENT DECISION ON ADDITIONAL RENEWABLE PRODUCTS PRODUCTION CAPACITY IN SINGAPORE.INVESTMENT WORTH APPROXIMATELY EUR 1.4 BILLION.INVESTMENT WILL EXTEND NESTE'S RENEWABLE PRODUCT OVERALL CAPACITY IN SINGAPORE BY UP TO 1.3 MILLION TONS PER ANNUM.COMPANY'S TARGET IS TO START UP NEW PRODUCTION LINE DURING FIRST HALF OF 2022.INVESTMENT WILL BRINGING TOTAL RENEWABLE PRODUCT CAPACITY CLOSE TO 4.5 MILLION TONS ANNUALLY IN 2022.  Full Article

UPDATE 1-Finland's Neste tops profit, dividend forecasts

Feb 7 Finnish oil refiner Neste on Friday beat fourth-quarter profit expectations on strong demand for renewable diesel and a one-off boost from U.S. tax credits.