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Argan Inc (AGX.N)

AGX.N on New York Stock Exchange

59.30USD
17 Nov 2017
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Thu, Nov 9 2017

BRIEF-Argan acquires set of warehouses totaling 65,000 sq.m from Groupe Idec Invest

* CONFIRMS OBJECTIVE OF 12 PERCENT GROWTH IN RENTAL INCOME IN 2017, TO EUR 75 MILLION

BRIEF-Argan projects acquisition of two warehouses in Moissy Cramayel

* PROJECT OF ACQUISITION OF TWO WAREHOUSES WITH TOTAL AREA OF ABOUT 45,400 SQ. M LOCATED IN MOISSY CRAMAYEL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-Argan Q3 rental revenue up at 19.1 million euros

* Q3 RENTAL REVENUE EUR 19.1 MILLION VERSUS EUR 16.6 MILLION YEAR AGO

BRIEF-Argan says ‍board intends to declare regular quarterly dividend of $0.25 per share of common stock starting in Q1 of fiscal year ending Jan 31, 2019​

* Argan - ‍Board intends to declare regular quarterly dividend of $0.25 per share of common stock starting in Q1 of fiscal year ending January 31, 2019​ Source text: [http://bit.ly/2vWvoo5] Further company coverage:

BRIEF-Argan H1 current operating income eur 33.5 million

* H1 CURRENT OPERATING INCOME EUR 33.5 MILLION VERSUS EUR 30.0 MILLION YEAR AGO

BRIEF-Argan H1 recurring net income rises to 24.6‍​ million euros

* H1 RECURRING OPERATING INCOME EUR ‍​33.5 MILLION VERSUS EUR 30.0 MILLION YEAR AGO

BRIEF-Argan Q2 rental revenue rises to 18.3 million euros

* H1 RENTAL REVENUE EUR ‍​36.3 MILLION VERSUS EUR 32.9 MILLION YEAR AGO

BRIEF-Argan announces successful bond placement of 130 million euros

* SUCCESSFUL PLACEMENT OF BOND ISSUANCE OF EUR 130 MILLION, WITH 3.25% COUPON, FOR MATURITY PERIOD OF 6 YEARS

BRIEF-Argan Q1 earnings per share $1.31

* Argan Inc - ‍contract backlog remains at an aggregate value of approximately $867 million as of April 30, 2017​ Source text for Eikon: Further company coverage:

BRIEF-Argan announces its intention to launch bond issue of up to 130 million euros

* ANNOUNCES ITS INTENTION TO LAUNCH A BOND ISSUE OF UP TO € 130 MILLION SOURCE TEXT FOR EIKON: FURTHER COMPANY COVERAGE: (Gdynia Newsroom:)

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