Today, AlzChem Group AG‘s three majority shareholders, namely LIVIA Corporate Development SE, HDI Vier CE GmbH, and four two na GmbH, published their decision to place existing shares in AlzChem Group AG, increasing the free-float in AlzChem’s ordinary bearer shares from approximately 1.2% to between approximately 21.3% and 28.0%, depending on the full placement size.
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Disproportionately high earnings growth Dividend proposal of EUR 0.11 per share New Creamino® production plant scheduled to go on stream in mid-2019 Stable sales growth and above-average earnings growth expected
Our three majority shareholders today informed us about their intention to significantly increase AlzChem Group AG’s free-float by offering shares from their holdings in the near term.
Company aims to markedly expand its global market position with investments of EUR 7.2 million and a significant increase in capacities Broadening the product range will open new target markets and applications
Strategic step to further develop the fast-growing product EUR 50 million in investments planned to triple production capacities by mid-2019 Customer advantage through one-stop service
AlzChem Group AG (WKN: A0AHT4), a vertically integrated specialty chemicals supplier with a leading market position in select niche markets, held its Annual General Meeting in Munich today, May 23, 2018. 99.01 % of the share capital was represented at the Annual General Meeting. All items on the agenda were adopted by a large majority.
Sales rose 3.7% to from the previous year to EUR 94.5 million EBITDA of EUR 15 million around 12% higher than the last year; EBITDA margin at approx. 16% Ground broken on new CreAMINO®[1] production plant in Trostberg in March 2018 Forecast confirmed for 2018 as a whole
Sales rise 8% to EUR 354 million EBITDA of EUR 46 million around 18% higher than the previous year; EBITDA margin at around 13% Groundbreaking ceremony for new CreAMINO®1 production plant in Trostberg in March 2018 Forecast for 2018: strong mid-single-digit percentage growth in revenue and significant EBITDA growth in the upper single-digit percentage range