Resilux NV (RESI.BR)

RESI.BR on Brussels Stock Exchange

22 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Resilux H1 turnover 151.6 million euros, up 2 pct
Wednesday, 31 Aug 2016 

Resilux Nv : H1 turnover 151.6 million euros ($168.93 million), up 2 pct year on year . H1 EBITDA 43.1 million euros versus 20.2 million euros year ago . H1 net income group share 51.8 million euros versus 6.8 million euros a year ago . Expects in the second half of 2016 to invest 8.0 million to 10.0 million euros, excluding buildings and special projects, in order to ensure sustainable and profitable growth .Expects that the results for the full year of 2016, excluding the impact of the sale of the shares of joint venture Airolux AG, will be higher than the results for 2015.  Full Article

Resilux transfers participation in Airolux JV
Tuesday, 26 Apr 2016 

Resilux NV:Transfers its participation in the joint venture Airolux and receives 62 million euros in cash.In return for the shares, ATG will pay a cash consideration to resilux of 25 million euros ultimately on May 13, 2016.In addition, ATG will remit by August 31, 2016 the full amount of +/- 37 million euros in cash that Resilux made available to the joint venture through shareholders loans.Says extra funds shall be re-invested in new projects that shall support the further growth of Resilux.  Full Article

Airopack Technology Group takes action to end joint venture with Resilux
Tuesday, 29 Mar 2016 

Airopack Technology Group AG:Takes action to end joint venture with Resilux.ATG, through its new strategic partnership, remains committed to unlocking growth potential of Airopack through further investments.Resilux's outstanding shareholder loans and financial debts to Airolux of around 37 million euros will have to be repaid as required by relevant agreements.  Full Article

BRIEF-Resilux acquires PET recycling activity in Switzerland