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Tires & Rubber Products

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Kesoram Industries Says Consortium Of Lenders Gave In-Principle Nod To Resolution Plan

5:36pm IST

Nov 25 (Reuters) - Kesoram Industries Ltd ::KESORAM INDUSTRIES - CONSORTIUM OF LENDERS GAVE IN-PRINCIPLE NOD TO RESOLUTION PLAN OF CO.

Sanok Rubber Company Q3 Net Profit Up At 19.9 Mln Zlotys

Tuesday, 24 Nov 2020

Nov 24 (Reuters) - Sanok Rubber Company SA ::Q3 NET PROFIT 19.9 MILLION ZLOTYS VERSUS 8.3 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 265.2 MILLION ZLOTYS VERSUS 265.2 MILLION ZLOTYS YEAR AGO.Q3 OPERATING PROFIT 24.0 MILLION ZLOTYS VERSUS 7.3 MILLION ZLOTYS YEAR AGO.

Xingda International Updates On Proposed Spin-Off Of Tire-Related Business Of Group

Friday, 20 Nov 2020

Nov 20 (Reuters) - Xingda International Holdings Ltd <1899.HK>::UPDATES ON PROPOSED SPIN-OFF OF TIRE-RELATED BUSINESS OF GROUP.PROPOSAL SUBMITTED TO STOCK EXCHANGE PURSUANT TO PRACTICE NOTE 15 FOR PROPOSED SPIN-OFF, SEPARATE LISTING.CURRENTLY UNDERTAKING GROUP REORGANISATION TO EFFECT SUITABLE SHAREHOLDING STRUCTURE FOR PROPOSED SPIN-OFF.

Firma Oponiarska Debica Q3 Net Profit Up At 53.0 Mln Zlotys

Tuesday, 17 Nov 2020

Nov 17 (Reuters) - Firma Oponiarska Debica SA ::Q3 NET PROFIT 53.0 MILLION ZLOTYS VERSUS 18.9 MILLION ZLOTYS YEAR AGO.Q3 REVENUE 509.9 MILLION ZLOTYS AS ESTIMATED ON NOV 2.Q3 OPERATING PROFIT 50.8 MILLION ZLOTYS VERSUS 22.1 MILLION ZLOTYS YEAR AGO.

Bridgestone To Auction Off Firestone's Construction Material Subsidiary - Nikkei, Citing Bridgestone CEO

Friday, 13 Nov 2020

Nov 13 (Reuters) - Bridgestone Corp <5108.T>::BRIDGESTONE TO AUCTION OFF FIRESTONE'S CONSTRUCTION MATERIAL SUBSIDIARY - NIKKEI, CITING BRIDGESTONE CEO.A DEAL FOR BRIDGESTONE'S U.S.-BASED FIRESTONE BUILDING PRODUCTS COULD BE VALUED AT OVER 200 BILLION YEN ($1.9 BILLION) - NIKKEI.BRIDGESTONE CEO SAYS FINAL DECISION ON TIRE PLANT IN BETHUNE, FRANCE WILL BE MADE AROUND FEBRUARY OR MARCH OF 2021 - NIKKEI.

Sri Trang Agro Industry Posts QTRLY Profit Attributable 2.08 Bln Baht

Friday, 13 Nov 2020

Nov 13 (Reuters) - Sri Trang Agro Industry PCL ::QTRLY PROFIT ATTRIBUTABLE 2.08 BILLION BAHT VERSUS 135.1 MILLION BAHT.QTRLY REVENUES FROM SALES OF GOODS AND SERVICES 16.50 BILLION BAHT VERSUS 15.38 BILLION BAHT.

ND Rubber Posts Qtrly Profit 18 Million Baht

Thursday, 12 Nov 2020

Nov 12 (Reuters) - ND Rubber PCL ::QTRLY PROFIT 18 MILLION BAHT VERSUS LOSS OF 2.6 MILLION BAHT.QTRLY NET SALES 225.7 MILLION BAHT VERSUS 212.6 MILLION BAHT.

Pirelli Q3 Adjusted EBIT At EUR 213.7 Mln

Wednesday, 11 Nov 2020

Nov 11 (Reuters) - Pirelli & C SpA ::Q3 ADJUSTED. EBIT EUR 213.7 MILLION VERSUS EUR 206 MILLION IN COMPANY-PROVIDED CONSENSUS.Q3 REVENUE EUR 1.28 BILLION VERSUS EUR 1.23 BILLION IN COMPANY-PROVIDED CONSENSUS.GUIDANCE 2020, REVENUES EXPECTED AT AROUND 4.18/4.23 BILLION EURO (PREVIOUS INDICATION ABOUT 4.15/4.25 BILLION).Q3 NET PROFIT EUR 83.9 MILLION VERSUS EUR 68 MILLION IN COMPANY-PROVIDED CONSENSUS.GUIDANCE 2020, ADJUSTED EBIT MARGIN EXPECTED AT BETWEEN AROUND 11.5% AND 12% (PREVIOUS INDICATION EXPECTED AT BETWEEN ABOUT 12% AND13%).GUIDANCE 2020, CASH GENERATION CONFIRMED AT APPROXIMATELY 190-220 MILLION EURO.GUIDANCE 2020, NET FINANCIAL POSITION AT AROUND -3.3 BILLION EURO CONFIRMED.GUIDANCE 2020, EFFICIENCIES AND COST REDUCTION PLANS CONFIRMED.GUIDANCE 2020, VOLUMES EXPECTED AT ABOUT -17%/-18% (PREVIOUS INDICATION ABOUT -18%/-20%).2020 MARKET OUTLOOK IMPROVES THANKS TO ORIGINAL EQUIPMENT IN APAC AND NORTH AMERICA.2020 OUTLOOK CAUTIOUS FOR EUROPE BECAUSE OF RECENT ANTI-COVID MEASURES FOLLOWING THE RESURGENCE OF THE PANDEMIC."COSTS' COMPETITIVENESS PLAN" AND THE ACTIONS TO COUNTER THE COVID-19 CONTEXT ARE IN LINE WITH THE FORECASTS ANNOUNCED ON MAY 13, 2020.2020 MARKET OUTLOOK IMPROVES THANKS TO ORIGINAL EQUIPMENT IN APAC AND NORTH AMERICA, BUT OUTLOOK CAUTIOUS FOR EUROPE.NET FINANCIAL POSITION AT END-SEPT: -4,252.5 MILLION EURO.

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