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Silmaasema Oyj (SILMA.HE)

SILMA.HE on Helsinki Stock Exchange

6.00EUR
20 Sep 2019
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€0.00 (+0.00%)
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Volume
221,553
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Latest Key Developments (Source: Significant Developments)

Silmäasema Improves Its Outlook For 2019
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - Silmaasema Oyj ::REG-SILMÄASEMA OYJ: PROFIT WARNING: SILMÄASEMA IMPROVES ITS OUTLOOK FOR 2019.RAISES ITS ESTIMATES FOR LIKE-FOR-LIKE NET SALES AND ADJUSTED EBITDA MARGIN FOR 2019.IMPROVEMENT IN OUTLOOK REGARDING LIKE-FOR-LIKE NET SALES IS DRIVEN BY OPTICAL TRADE'S ACTUAL SALES DEVELOPMENT AND ESTIMATED DEVELOPMENT OF SALES IN LATTER PART OF YEAR.EXPECTS ITS FULL-YEAR LIKE-FOR-LIKE NET SALES TO INCREASE SLIGHTLY FROM PREVIOUS YEAR AND ITS ADJUSTED EBITDA MARGIN TO BE SLIGHTLY BETTER THAN IN PREVIOUS YEAR (2018: 9.6%), EXCLUDING EFFECT OF IFRS 16 STANDARD, WHICH WAS ADOPTED AT BEGINNING OF 2019.IN ADDITION, MEASURES INITIATED TO IMPROVE SALES IN EYE CLINICS ARE EXPECTED TO SUPPORT POSITIVE DEVELOPMENT OF LIKE-FOR-LIKE NET SALES THROUGH REST OF YEAR.MEASURES INITIATED TO IMPROVE SALES IN EYE CLINICS ARE EXPECTED TO SUPPORT POSITIVE DEVELOPMENT OF LIKE-FOR-LIKE NET SALES THROUGH REST OF YEAR.PREVIOUS OUTLOOK FOR 2019: SILMÄASEMA EXPECTS ITS FULL-YEAR LIKE-FOR-LIKE NET SALES TO BE AT PREVIOUS YEAR'S LEVEL AND ITS ADJUSTED EBITDA MARGIN TO BE AT PREVIOUS YEAR'S LEVEL OR SLIGHTLY BETTER (2018: 9.6%).  Full Article

Silmaasema's Board Recommends Not To Approve Coronaria's Tender Offer
Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - Silmaasema Oyj ::STATEMENT OF BOARD OF DIRECTORS OF SILMÄASEMA OYJ CONCERNING CORONARIA OY'S MANDATORY PUBLIC TENDER OFFER.BOARD DEEMS OFFERED CONSIDERATION TO BE LOW FROM A FINANCIAL PERSPECTIVE.MEMBERS OF BOARD WHO PARTICIPATED IN DECISION-MAKING PROCESS HAVE UNANIMOUSLY DECIDED TO NOT RECOMMEND THAT SHAREHOLDERS APPROVE TENDER OFFER.  Full Article

Reg-Silmäasema Oyj Coronaria Oy Supplements The Tender Offer Document Relating To The Public Tender Offer For All Shares Issued By Silmäasema PLC
Monday, 9 Sep 2019 

Sept 9 (Reuters) - :REG-SILMÄASEMA OYJ: CORONARIA OY SUPPLEMENTS THE TENDER OFFER DOCUMENT RELATING TO THE PUBLIC TENDER OFFER FOR ALL SHARES ISSUED BY SILMÄASEMA PLC.FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS TODAY APPROVED A SUPPLEMENT TO TENDER OFFER DOCUMENT RELATING TO TENDER OFFER.CORONARIA OY HAS CORRECTED OFFER PRICE TO REPRESENT A PREMIUM OF APPROXIMATELY 10.4 PER CENT.SILMÄASEMA'S OPERATIONS WILL CONTINUE AS NORMAL AND TRANSACTION HAS NO IMPACT ON CUSTOMERS.  Full Article

Coronaria Announces Obligation To Launch Mandatory Public Tender Offer For All Shares In Silmäasema
Friday, 16 Aug 2019 

Aug 16 (Reuters) - Coronaria Oy::CORONARIA ANNOUNCES AN OBLIGATION TO LAUNCH A MANDATORY PUBLIC TENDER OFFER FOR ALL SHARES IN SILMÄASEMA OYJ.CORONARIA OY - ACQUIRED A TOTAL OF 1,420,031 SHARES IN SILMÄASEMA OYJ.CORONARIA - CO'S SHAREHOLDING IN SILMÄASEMA INCREASES TO A TOTAL OF 4,615,443 SHARES, CORRESPONDING TO 32.4 PER CENT.CORONARIA - CASH CONSIDERATION REPRESENTS A PREMIUM OF APPROXIMATELY 7.5 PER CENT COMPARED TO CLOSING PRICE OF SILMÄASEMA SHARE ON NASDAQ HELSINKI ON 15 AUGUST 2019.CORONARIA - IS OBLIGATED TO LAUNCH A MANDATORY PUBLIC TENDER OFFER FOR ALL SHARES AND SECURITIES ENTITLING TO SHARES IN SILMÄASEMA.CORONARIA - AIMS TO COMMENCE OFFER PERIOD OF TENDER OFFER ON 16 SEPTEMBER 2019 AT LATEST.  Full Article

Silmäasema Oyj: Sari Nordblad Appointed Silmäasema’S CFO
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Silmaasema Oyj ::REG-SILMÄASEMA OYJ: SARI NORDBLAD APPOINTED SILMÄASEMA’S CFO.SHE WILL START IN HER NEW POSITION BY END OF MAY 2019..  Full Article

Silmäasema CFO Leaves Company
Thursday, 14 Mar 2019 

March 14 (Reuters) - Silmaasema Oyj ::REG-SILMÄASEMA OYJ: CHANGE IN MANAGEMENT TEAM.CFO ANU KANKKUNEN HAS ANNOUNCED THAT SHE WILL LEAVE SILMÄASEMA.SHE WILL CONTINUE IN HER CURRENT ROLE NO LONGER THAN UNTIL END OF MAY 2019.SILMÄASEMA HAS INITIATED SEARCH FOR A NEW CFO.  Full Article

Silmaasema Q4 Adjusted EBITDA Up At EUR 3.5 Million
Thursday, 7 Mar 2019 

March 7 (Reuters) - Silmaasema Oyj ::REG-SILMÄASEMA OYJ: SILMÄASEMA OYJ FINANCIAL STATEMENTS RELEASE 1 JANUARY - 31 DECEMBER 2018.Q4 NET SALES EUR 32.4 MILLION VERSUS EUR 30.9 MILLION YEAR AGO.Q4 ADJUSTED EBITDA EUR 3.5 MILLION VERSUS EUR 2.8 MILLION YEAR AGO.BOARD OF DIRECTORS PROPOSES TO ANNUAL GENERAL MEETING THAT A DIVIDEND OF EUR 0.10 PER SHARE BE PAID FOR 2018 FINANCIAL YEAR.SILMÄASEMA EXPECTS 2019 ITS FULL-YEAR LIKE-FOR-LIKE NET SALES TO BE AT PREVIOUS YEAR'S LEVEL.EXPECTS 2019 ADJUSTED EBITDA MARGIN TO BE AT PREVIOUS YEAR'S LEVEL OR SLIGHTLY BETTER (2018: 9.6%), EXCLUDING EFFECT OF IFRS 16 STANDARD, WHICH WAS ADOPTED AT BEGINNING OF 2019.  Full Article

Board Of Adjustment Partially Annulled Finnish Tax Administration's Decision On Silmäasema's Value Added Taxation
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Silmaasema Oyj ::REG-THE BOARD OF ADJUSTMENT PARTIALLY ANNULLED THE FINNISH TAX ADMINISTRATION'S DECISION ON SILMÄASEMA'S VALUE ADDED TAXATION.DECISION DOES NOT IMPACT SILMÄASEMA'S OUTLOOK THAT IS PROVIDED FOR NET SALES AND ADJUSTED EBITDA FOR 2018.TAX REFUND WILL HAVE A CLEARLY POSITIVE IMPACT ON SILMÄASEMA'S NET RESULT IN 2018.WILL RETURN EUR 745.126,84 OF VALUE ADDED TAX TO ITS Q3 INCOME STATEMENT.WILL APPLY FOR A REFUND OF ABOUT EUR 550,000 OF UNDULY PAID VALUE ADDED TAX FROM FISCAL PERIODS OF 2017 AND 2018..  Full Article

Silmaasema Oct-Dec Adjusted EBITDA Down At EUR 2.8 Mln​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - SILMAASEMA OYJ ::OCT-DEC ‍NET SALES INCREASED BY 12.8% FROM OCTOBER-DECEMBER 2016, AMOUNTING TO EUR 30.9 MILLION (27.4)​.‍OCT-DEC ADJUSTED EBITDA DECREASED BY 31.3% AND WAS EUR 2.8 MILLION (4.0)​.‍OUTLOOK FOR 2018: NET SALES ARE ESTIMATED TO GROW COMPARED TO PREVIOUS YEAR​.THE BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND WILL BE PAID FOR THE FISCAL YEAR 2017.  Full Article

Silmäasema Starts Cooperation With S Group
Friday, 26 Jan 2018 

Jan 26 (Reuters) - SILMAASEMA OYJ ::SILMÄASEMA AND S GROUP TO PILOT COOPERATION IN SALES OF SUNGLASSES AND READING GLASSES.‍COMPANIES WILL START COOPERATION PILOT ALREADY DURING JANUARY​.‍PILOT WILL LAST THROUGHOUT 2018 AND BASED ON RESULTS SILMÄASEMA AND S GROUP WILL DECIDE ON CONTINUATION​.  Full Article