Orior AG (ORON.S)

ORON.S on Swiss Exchange

16 Mar 2018
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Latest Key Developments (Source: Significant Developments)

Orior H1 EBIT up 3.0% to 15.5 mln Swiss francs
Tuesday, 23 Aug 2016 

Orior AGv : Improvement of first-half operating results: EBITDA up 1.3% to 22.7 million Swiss francs ($23.61 million), EBIT up 3.0% to 15.5 million Swiss francs and net profit up 17.4% to 12.1 million Swiss francs . H1 revenues of 239.5 million Swiss francs, 0.8% lower than in 1H 2015 . Culinor CEO Filip De Spiegeleire appointed to the Management Board of ORIOR AG . Filip De Spiegeleire will also be appointed CEO of ORIOR Europe and will take a seat on the Management Board of ORIOR AG . Culinor Food Group acquired, strengthening of ORIOR’s core competence in the attractive premium fresh convenience food market . Acquisition will take effect from end of August 2016 .Looking ahead to the second half of 2016, we expect the general environment to be very challenging and revenues will continue to be pressured by market forces and, in particular, pricing dynamics.  Full Article

BRIEF-Nebag Buys 100,000 Shares Or 1.53% Of New Outstanding Share Capital Of Orior AG

* BUYS 100,000 SHARES OR 1.53% OF NEW OUTSTANDING SHARE CAPITAL OF ORIOR AG AS PART OF ORIOR'S CAPITAL INCREASE Source text for Eikon: Further company coverage: (Gdynia Newsroom)