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Synthomer PLC (SYNTS.L)

SYNTS.L on London Stock Exchange

567.00GBp
21 Aug 2018
Change (% chg)

2.50 (+0.44%)
Prev Close
564.50
Open
567.00
Day's High
567.00
Day's Low
567.00
Volume
14
Avg. Vol
666,434
52-wk High
580.50
52-wk Low
455.20

Latest Key Developments (Source: Significant Developments)

Synthomer H1 Revenue Rose 8.2 Pct To 833.8 Mln STG
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Synthomer PLC ::H1 PRETAX PROFIT 86.2 MILLION STG.H1 REVENUE ROSE 8.2 PERCENT TO 833.8 MILLION STG.INTERIM DIVIDEND 4 PENCEPER SHARE.FULL YEAR EXPECTATIONS UNCHANGED.LOOKING TO 2019, WE REMAIN CAUTIOUSLY OPTIMISTIC ABOUT FUTURE PROSPECTS OF GROUP.GROWTH CAPEX IS EXPECTED TO YIELD RETURNS IN BOTH ENA AND ARW IN 2019.  Full Article

Synthomer Updates On Proposed Offering
Thursday, 28 Jun 2018 

June 28 (Reuters) - Synthomer PLC ::UPDATE ON PROPOSED OFFERING.SYNTHOMER, ON EUR300 MILLION UNSECURED SENIOR NOTES OFFERING, SAYS DECIDED NOT TO COMPLETE TRANSACTION DUE TO UNFAVOURABLE MARKET TERMS AND CONDITIONS.WILL CONTINUE TO EVALUATE A NUMBER OF ALTERNATIVE REFINANCING OPTIONS AHEAD OF ITS CURRENT FACILITIES MATURING IN 2019.  Full Article

Synthomer Announces Proposed Offering Of 300 Mln Euros Bond And Refinancing
Monday, 25 Jun 2018 

June 25 (Reuters) - Synthomer PLC ::PROPOSED OFFERING OF EUR300M BOND & REFINANCING.REFINANCING OF ITS EXISTING BANK FACILITIES CONSISTING OF OFFERING OF A EUR 300M SEVEN-YEAR UNSECURED SENIOR NOTES.REFINANCING OF ITS EXISTING BANK FACILITIES ALSO CONSISTING OF A NEW EUR 300 MILLION FOUR-YEAR REVOLVING CREDIT FACILITY.PROCEEDS USED TO REPAY AMOUNTS OUTSTANDING UNDER OUR EXISTING TERM LOAN; AND PAY CERTAIN COSTS, EXPENSES AND FEES RELATED TO REFINANCING.PROCEEDS OF ISSUE AND SALE OF NOTES, CASH ON HAND AND BORROWINGS TO BE USED TO REPAY AMOUNTS OUTSTANDING UNDER REVOLVING CREDIT FACILITY.  Full Article

Synthomer Says Q1 Performance In Line, 2018 Outlook Unchanged
Thursday, 26 Apr 2018 

April 26 (Reuters) - Synthomer PLC ::Q1 PERFORMANCE IN LINE WITH EXPECTATIONS; 2018 OUTLOOK UNCHANGED.NET DEBT INCREASED FROM £180M AT YEAR END TO £246M AT 31 MARCH 2018.  Full Article

Synthomer Announces Disposal Of Synthomer Leuna Gmbh Facility
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Synthomer Plc ::‍DISPOSAL OF SYNTHOMER LEUNA GMBH FACILITY​.‍SITE TO CONTINUE TO MANUFACTURE PRODUCTS FOR CO FOR INITIAL PERIOD PRIOR TO TRANSFERRING MANUFACTURE OF PRODUCT TO REMAINING SYNTHOMER NETWORK​.  Full Article

Synthomer says ‍Jinya Chen to retire from board at year end
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Synthomer Plc :SYNTHOMER PLC - ‍JINYA CHEN WILL RETIRE FROM BOARD ON 31 DECEMBER 2017 AFTER FIVE YEARS OF SERVICE​.  Full Article

Synthomer says expectations for full year 2017 remain unchanged
Monday, 6 Nov 2017 

Nov 6 (Reuters) - SYNTHOMER PLC ::‍BOARD'S EXPECTATIONS FOR FULL YEAR 2017 REMAIN UNCHANGED FROM INTERIM RESULTS IN AUGUST​.‍EUROPE AND NORTH AMERICA, ASIA AND REST OF WORLD​ CONTINUED TO TRADE WELL AND IN LINE WITH CO'S EXPECTATIONS IN Q3.EXPECTS ABOUT £4 MILLION OF BENEFIT FROM TRANSLATION EFFECT RELATING TO WEAKNESS OF STERLING EXPERIENCED IN FIRST HALF OF YEAR​.  Full Article

Synthomer says probed by EU in styrene monomer buying investigation

June 8 Chemicals maker Synthomer plc said it was included in an European Commission investigation into practices related to buying styrene monomer, a chemical used in making plastics, by companies operating in the European Economic Area.