Edition:
India

Synthomer PLC (SYNTS.L)

SYNTS.L on London Stock Exchange

501.50GBp
18 May 2018
Change (% chg)

1.50 (+0.30%)
Prev Close
500.00
Open
501.50
Day's High
503.50
Day's Low
497.40
Volume
272,142
Avg. Vol
592,436
52-wk High
517.50
52-wk Low
455.20

Latest Key Developments (Source: Significant Developments)

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 H1 revenue fell 1.8 percent to 446.2 million stg
Tuesday, 9 Aug 2016 

Synthomer Plc : Half year revenue fell 1.8 percent to 446.2 million stg . H1 pretax profit rose 56 percent to 57.4 million stg . Cost efficiency programme on track . Improved performance driven by firming margins relative to H1 2015 . "We remain cautiously optimistic for full year" . In Europe, North America, notwithstanding Brexit vote and unsettled economic outlook and currency markets, we expect to make continued progress . Expect average unit margins in our nitriles business to soften . Board's expectations for full year, in constant currency, remain unchanged. . H1 group revenue 446.2 million stg versus 432.3 million stg a year ago .Operating profit in H1 2016 increased to 64.9 mln stg versus 55.4 mln stg a year ago.  Full Article

Synthomer says currency moves to help sterling reported FY results
Friday, 1 Jul 2016 

Synthomer Plc : Announces that it has successfully completed acquisition of Hexion Performance Adhesives & Coatings ('hexion pac') from Hexion Inc . Hexion PAC's business in China (representing approximately 1 pct of Hexion PAC's revenues) is subject to a deferred completion which is expected in Q3 2016 . Confirms that its outlook for full year 2016 in constant currency remains unchanged and in line with board's expectations . Total consideration of $226 mln was funded from both existing cash resources and utilisation of additional credit facilities .A eur 0.01 and $0.01 increase in FX rates relative to sterling are estimated to result in an improvement in sterling reported FY results by about 0.5 mln stg and 0.25 mln stg respectively.  Full Article

Photo

Chemical companies fear toxic consequences of Brexit

KNUTSFORD, England Julian Sarkar has spent more than 10 years and around 600,000 euros (525,000 pounds) making his small British company compliant with strict European Union regulations to import chemicals into the bloc.