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SGL Carbon SE (SGCG.DE)

SGCG.DE on Xetra

11.95EUR
13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

SGL Carbon acquires BMW's minority interest in joint venture SGL ACF
Friday, 24 Nov 2017 

Nov 24 (Reuters) - SGL CARBON SE ::ACQUIRES BMW GROUP'S MINORITY INTEREST IN THE JOINT VENTURE SGL AUTOMOTIVE CARBON FIBERS (SGL ACF).‍TRANSACTION INCREASES SALES, EBITDA AND NET DEBT OF SGL CARBON SE IN FISCAL YEAR 2018​.‍MID-TERM TARGETS OF SGL CARBON SE REMAIN UNCHANGED​.‍NO IMPACT ON BMW AG'S SHAREHOLDING IN SGL CARBON SE​.‍WILL ACQUIRE 49% STAKE FROM BMW GROUP IN STAGES BETWEEN EARLY 2018 UNTIL END 2020 AT LATEST.SGL CARBON SE - 2018 ‍SALES IS EXPECTED TO INCREASE BY MID-DOUBLE DIGIT AND GROUP EBITDA BY LOW DOUBLE DIGIT MILLION EURO AMOUNT​.  Full Article

SGL Groups lifts 2017 sales target
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Sgl Group :Says now sees 2017 sales up by around 10 percent versus previous forecast for high single-digit percentage.Affirms guidance for 2017 ebitda, ebit before one-offs to rise faster than sales.Sgl says still sees 2017 net loss from continuing operations in mid-double digit million euro range due to one-offs.Sgl 9m sales from continuing operations up 14.2 percent at 642.1 million euros.Sgl 9m underlying ebitda up 43 percent at 70.1 million euros, underlying ebit at 33 million versus year-earlier 12.8 million.Sgl 9m consolidated net result 5.3 million eur versus year-earlier loss 124.1 million.  Full Article

SGL Carbon buys Benteler’s 50-pct share in JV Benteler-SGL
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - SGL CARBON SE ::BENTELER AND SGL GROUP AGREE TO SALE OF BENTELER SHARES IN THE JOINT VENTURE BENTELER-SGL TO SGL GROUP‍​.ACQUIRES BENTELER’S 50-PERCENT SHARE IN THE JOINT VENTURE BENTELER-SGL.  Full Article

SGL says wants to sell graphite electrode ops, not whole group
Friday, 27 May 2016 

SGL Carbon SE : Says is seeking buyer for graphite electrode business, not for company as a whole Further company coverage: [SGCG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

SGL affirms 2016 guidance after Q1 results
Thursday, 12 May 2016 

SGL Group : Q1 sales down 6.5 percent at 294.7 million eur . Q1 adjusted EBIT loss 3.3 million eur versus year-earlier profit 5.0 million eur . Q1 net loss 26.4 million eur versus year-earlier loss 16.5 million . Affirms guidance for 2016 .Reuters poll average for SGL sales was 307 million eur, adjusted ebit loss 6.3 million eur.  Full Article

SGL Carbon SE mandates banks for sale of graphite electrodes ops - CEO - Reuters News
Wednesday, 23 Mar 2016 

SGL Carbon SE:Says graphite electrodes business is our only problem.Says potential bidders for our graphite electrodes business have received first information packages, have mandated two investment banks for sale.Says steel market still very challenging.Says have been approached by many financial investors about the pp business, but there is also strong interest from competitors.Says no other measures planned beyond already decided plant closures and job cuts.Says could exit graphite electrode operations completely if there is interest in it.Says confident of reaching a deal in h2.  Full Article

SGL Carbon gives FY 2016 outlook in line with analysts' estimates
Wednesday, 23 Mar 2016 

SGL Carbon SE:For FY 2016 anticipates a slightly declining level of group sales, mainly due to the price pressure in the graphite electrode business, which is expected to continue.In FY 2016 further group loss is anticipated, which is however expected to substantially improve over FY 2015.FY 2015 reported sales 1.32 billion euros.FY 2015 reported net loss 295 million euros.FY 2016 revenue estimate 1.31 billion euros - Thomson Reuters I/B/E/S.FY 2016 net income estimate -53.11 million euros - Thomson Reuters I/B/E/S.  Full Article

SGL Carbon comments on FY 2015 guidance
Thursday, 25 Feb 2016 

SGL Carbon SE:Identified need to recognize impairment losses on fixed and other intangible assets of about 75 million euros to 85 million euros in reporting segment Performance Products.Reason is ‍reduced expectation for graphite electrode pricing in planning period compared to prior year​​‍.Earnings guidance for development of FY 2015 group EBIT before non-recurring charges continues to be valid; this will range between 30 million and 35 million euros (2014: 3 million euros)​ ‍.SGL Carbon SE's net consolidated loss FY 2015 should range between 275 million and 295 million euros (2014: net consolidated loss of 247 million euros)​.  Full Article

SGL Carbon closes production site in Griesheim‍
Wednesday, 3 Feb 2016 

SGL Carbon SE:Closes production site in Griesheim‍​.All 150 employees of the site will be affected by the closure‍​.It is planned to gradually shut down the production.Clearance of the Griesheim premises is supposed to be realized presumably by the end of the year.  Full Article

SGL to buy BMW's stake in carbon fiber joint venture​

FRANKFURT German carbon chemical company SGL Group said on Friday it would gradually buy BMW's stake in their joint venture for the production of carbon fiber.