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SGL Carbon SE (SGCG.DE)

SGCG.DE on Xetra

3.53EUR
5 Aug 2020
Change (% chg)

€0.22 (+6.65%)
Prev Close
€3.31
Open
€3.38
Day's High
€3.56
Day's Low
€3.38
Volume
137,726
Avg. Vol
206,470
52-wk High
€6.28
52-wk Low
€2.03

Latest Key Developments (Source: Significant Developments)

SGL Carbon Cuts 2019 Guidance
Friday, 25 Oct 2019 

Oct 25 (Reuters) - SGL CARBON SE ::IN THE CONTEXT OF PREPARATIONS FOR THE NEW FIVE-YEAR PLAN, A GUIDANCE ADJUSTMENT FOR CFM AND THE GROUP AS WELL AS AN IMPAIRMENT CHARGE FOR CFM BECOME NECESSARY AND A FIRST OUTLOOK FOR 2020 BECOMES APPARENT.CONTINUED WEAKNESS IS BECOMING APPARENT FOR FINAL QUARTER 2019 IN REPORTING SEGMENT COMPOSITES - FIBERS & MATERIALS.NOW EXPECT FOR 2019 A RECURRING EBIT IN REPORTING SEGMENT CFM IN A NEGATIVE MID TO HIGH SINGLE DIGIT MILLION EUR AMOUNT (PREVIOUS GUIDANCE: POSITIVE MID-SINGLE DIGIT MILLION EUR AMOUNT).GROUP RECURRING EBIT FOR FULL YEAR 2019 IN MAGNITUDE OF EUR45 TO 50 MILLION (PREVIOUS GUIDANCE: APPROX. EUR55 MILLION).A NON-CASH IMPAIRMENT CHARGE OF EUR70 TO 80 MILLION IS BECOMING APPARENT IN CFM.IMPAIRMENT CHARGE WILL BE RECORDED IN Q3 2019.NET RESULTS IN 2019 ARE EXPECTED TO REACH APPROXIMATELY MINUS EUR100 MILLION (PREVIOUS GUIDANCE: CONSOLIDATED NET RESULTS TO REACH A HIGH SINGLE DIGIT MILLION LOSS).WE ALSO ANTICIPATE A WRITE-DOWN IN DEFERRED TAX ASSETS IN AMOUNT OF UP TO EUR10 MILLION, WHICH WILL ALSO BE RECORDED IN Q3 2019.2020 GROUP SALES IS EXPECTED SLIGHTLY BELOW 2019 LEVEL (WHICH IS ANTICIPATED BETWEEN EUR1.05 AND EUR1.1 BILLION).OUTLOOK 2020: GROUP RECURRING EBIT IS LIKELY TO BE 10 TO 15 PERCENT BELOW EXPECTED 2019 LEVEL.  Full Article

SGL Carbon Appoints Stephan Buehler As Additional Member of Management Board
Friday, 18 Oct 2019 

Oct 18 (Reuters) - SGL CARBON SE ::EXPANSION OF THE BOARD OF MANAGEMENT OF SGL CARBON SE.STEPHAN BÜHLER AS AN ADDITIONAL MEMBER TO THE BOARD OF MANAGEMENT EFFECTIVE OCTOBER 15, 2019.BÜHLER TO ASSUME RESPONSIBILITY ON TEMPORARY BASIS UNTIL NEW CEO APPOINTED AND TAKEN OFFICE.MICHAEL MAJERUS TO RUN COMPANY AS SPOKESMAN OF BOARD OF MANAGEMENT GOING FORWARD.  Full Article

SGL Carbon To Fill CEO Position Externally
Friday, 23 Aug 2019 

Aug 23 (Reuters) - SGL Carbon SE ::SUPERVISORY BOARD DECIDED TO FILL POSITION OF DEPARTING CHIEF EXECUTIVE OFFICER EXTERNALLY.CFO IS INTERIM ADDITIONALLY ASSUMING RESPONSIBILITIES OF CEO.  Full Article

SGL Carbon: SGL Carbon And Elbe Flugzeugwerke Extend Contract
Tuesday, 30 Jul 2019 

July 30 (Reuters) - SGL CARBON SE ::SGL CARBON AND ELBE FLUGZEUGWERKE EXTEND CONTRACT.EXTENDED CONTRACT TO SUPPLY IMPREGNATED CARBON FIBER TEXTILES FOR USE IN AIRBUS A350 CABIN’S FLOOR PANELS TO END OF 2020.  Full Article

SGL Carbon Makes Repurchase Invitation To Holders Of Outstanding 2020 Notes
Monday, 1 Jul 2019 

July 1 (Reuters) - SGL CARBON SE ::INVITES HOLDERS OF ITS OUTSTANDING 2020 NOTES TO TENDER ANY AND ALL 2020 NOTES FOR PURCHASE FOR CASH AT EQUAL EUR 103,500 PER NOTE.REPURCHASE INVITATION COMMENCES TODAY, 1 JULY 2019, AND WILL EXPIRE AT 1.00 PM CEST ON 3 JULY 2019.SETTLEMENT OF ANY REPURCHASES OF 2020 NOTES IN RELATION TO REPURCHASE INVITATION AND PAYMENT OF REPURCHASE PRICE IS EXPECTED TO OCCUR ON 9 JULY 2019.RESERVES RIGHT TO EARLY REDEEM THE 2020 NOTES UNTIL (BUT EXCLUDING) DATE OF EARLY REDEMPTION IF AMOUNT OF 2020 NOTES OUTSTANDING FALLS BELOW 20% OF AMOUNT ISSUED .  Full Article

SGL Carbon Successfully Places EUR 250 Mln Of Senior Secured Notes
Wednesday, 3 Apr 2019 

April 3 (Reuters) - SGL CARBON SE ::SUCCESSFULLY PLACED EUR 250 MILLION OF SENIOR SECURED NOTES.  Full Article

SGL Carbon And Airbus Helicopters Agree On Framework Contract For More Intensive Collaboration
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - SGL CARBON SE ::SGL CARBON AND AIRBUS HELICOPTERS AGREE ON FRAMEWORK CONTRACT FOR MORE INTENSIVE COLLABORATION.FRAMEWORK CONDITIONS FOR THE FURTHER DEVELOPMENT OF INNOVATIVE MATERIAL SOLUTIONS.SUPPLY OF TEXTILES FOR COMPONENTS IN AIRBUS HELICOPTERS.SHARES UP 2.5 PERCENT.  Full Article

SGL Carbon To Issue Convertible Notes For Aggregate Principal Amount Of Around EUR 160 Mln
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - SGL Carbon SE ::TO ISSUE CONVERTIBLE NOTES.CONVERTIBLE NOTES ARE EXPECTED TO HAVE AN AGGREGATE PRINCIPAL AMOUNT OF APPROX. EUR 160 MILLION.CONVERTIBLE NOTES SHALL BE CONVERTIBLE INTO UP TO APPROXIMATELY 12.234 MILLION NO-PAR VALUE ORDINARY SHARES OF SGL CARBON SE.CONVERTIBLE NOTES HAVE A MATURITY OF 5 YEARS.SKION GMBH, MAIN SHAREHOLDER OF COMPANY, HAS INDICATED INTEREST TO PLACE AN ORDER IN ACCELERATED BOOKBUILDING.PLANS TO USE PROCEEDS FROM OFFERING TO REFINANCE EXISTING DEBT, PROLONG MATURITY PROFILE, INCREASE FINANCIAL FLEXIBILITY FOR FURTHER GROWTH.  Full Article

SGL Carbon And Large Aerospace Customer Expand Business
Monday, 27 Aug 2018 

Aug 27 (Reuters) - SGL Carbon SE ::SGL AND LARGE AEROSPACE CUSTOMER EXPAND BUSINESS FOR HIGH PERFORMANCE INSULATION THRUST REVERSER ENGINE COWLING BLANKETS.ONTRACT COMPRISES 350 BLANKETS AND WILL BE COMPLETED BY NOVEMBER 2018.CONTRACT COMPRISES 350 BLANKETS AND WILL BE COMPLETED BY NOVEMBER 2018.  Full Article

BRIEF-SGL Carbon Suspends Guidance For 2020 Due To Coronavirus Pandemic

* SGL CARBON SE SUSPENDS GUIDANCE FOR THE CURRENT FISCAL YEAR, THE PREVIOUSLY COMMUNICATED TARGETS FOR 2020 ARE UNLIKELY TO BE ACHIEVED DUE TO THE COVID-19 PANDEMIC