Edition:
India

Parrot SA (PARRO.PA)

PARRO.PA on Paris Stock Exchange

4.43EUR
15 Aug 2018
Change (% chg)

€0.03 (+0.68%)
Prev Close
€4.40
Open
€4.40
Day's High
€4.43
Day's Low
€4.35
Volume
29,117
Avg. Vol
81,305
52-wk High
€13.00
52-wk Low
€4.04

Latest Key Developments (Source: Significant Developments)

Reg-Faurecia To Take Control Of 100% Of Parrot Automotive
Friday, 6 Jul 2018 

July 6 (Reuters) - Faurecia ::REG-FAURECIA TO TAKE CONTROL OF 100% OF PARROT AUTOMOTIVE.TRANSACTION WOULD BE BASED ON AN ENTERPRISE VALUE OF EUR 100 MILLION.TRANSACTION WOULD BE BASED ON AN ENTERPRISE VALUE OF EUR 100 MILLION, IDENTICAL TO THAT USED WHEN FAURECIA ENTERED INTO CAPITAL OF PARROT AUTOMOTIVE IN 2017.TRANSACTION UNDERLINES IMPORTANCE OF PARROT AUTOMOTIVE IN FAURECIA'S COCKPIT OF FUTURE STRATEGY.  Full Article

Parrot Announces Proposed Early Exit From Parrot Automotive
Friday, 6 Jul 2018 

July 6 (Reuters) - PARROT SA ::REG-PARROT: PROPOSED EARLY EXIT FROM PARROT AUTOMOTIVE.MEMORANDUM OF UNDERSTANDING SIGNED WITH FAURECIA FOR NEGOTIATIONS CONCERNING PARROT'S POSSIBLE EXIT FROM PARROT AUTOMOTIVE.OVERALL AMOUNT RECEIVED BY PARROT WOULD REPRESENT 108.5 MILLION EUROS.PARTNERS HAVE DECIDED TOGETHER TO ARRANGE PARROT'S EXIT FROM SUBSIDIARY PARROT AUTOMOTIVE, WHICH HAS BEEN 20% OWNED BY FAURECIA SINCE MARCH 31, 2017..PARROT AND FAURECIA TO OPEN TALKS WITH A VIEW TO ORGANIZING PARROT'S EXIT FROM THEIR JOINT VENTURE..  Full Article

Parrot Q1 IFRS Revenues EUR 22.1 Million Euros
Monday, 28 May 2018 

May 28 (Reuters) - PARROT SA ::Q1 IFRS REVENUES EUR 22.1 MILLION VERSUS EUR 28.6 MILLION YEAR AGO.Q1 IFRS NET LOSS GROUP SHARE EUR 18.9 MILLION VERSUS PROFIT OF EUR 7.0 MILLION YEAR AGO.Q1 IFRS EBIT LOSS EUR 14.7 MILLION VERSUS PROFIT EUR 11.0 MILLION YEAR AGO.POSITIONED TO RETURN TO GROWTH IN 2018, WHILE ENSURING EFFECTIVE CONTROL OVER ITS CASH CONSUMPTION.OUTLOOK FY 2018 GROSS MARGIN GENERATED BY THE COMBINATION OF ITS TWO OFFERS EXPECTED TO CONTINUE IMPROVING ON AN ANNUAL BASIS.FULL-YEAR GROWTH TARGET CONFIRMED FOR DRONE BUSINESS SOLUTIONS.  Full Article

Parrot: Q3 revenue down at EUR 39.2 million, full-year targets confirmed
Monday, 13 Nov 2017 

Nov 13 (Reuters) - PARROT SA : :FULL-YEAR TARGETS CONFIRMED‍​.Q3 REVENUE EUR 39.2‍​ MILLION VERSUS EUR 41.5 MILLION RESTATED YEAR AGO.Q3 NET LOSS GROUP SHARE EUR ‍​14.1 MILLION.Q3 EBIT LOSS EUR 12.6‍​ MILLION.FULL-YEAR AMBITIONS CONFIRMED FOR COMMERCIAL DRONES‍​.  Full Article

Parrot: Sensefly receives Swiss approval for anytime BVLOS operations
Friday, 10 Feb 2017 

Parrot SA : Sensefly receives first Swiss approval for anytime BVLOS operations . Swiss FOCA granted senseFly permission to fly any of its eBee-branded mapping solutions beyond the visual sight of a drone’s operator, using observers, without the need to set-up a flight operation ‘Danger Area’ beforehand. Further company coverage: [PARRO.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Parrot revises growth targets
Monday, 26 Sep 2016 

Parrot SA : Said on Friday, now expects to record global revenues around 55 million euros ($61.7 million) for the third quarter of 2016 .The strong seasonality expected for fourth-quarter sales will not make it possible for the Group to deliver global growth for the full year.  Full Article

BRIEF-Parrot FY Net Loss Group Share Narrows To 38.2 Million Euros

* PARROT SAID ON THURSDAY ITS Q4 REVENUE WAS EUR 49.0 MLN VS (RESTATED) EUR 68.5 MLN YEAR AGO