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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
Today, our majority shareholders LIVIA Corporate Development SE, HDI Vier CE GmbH and Edelweiß Holding GmbH notified us that the intended placement of up to 18,000,000 shares was canceled.
Today, our majority shareholders LIVIA Corporate Development SE, HDI Vier CE GmbH and Edelweiß Holding GmbH notified us of their intention to place up to 18,000,000 shares, corresponding to approximately 17.7% of AlzChem Group AG 's share capital, with institutional investors via an accelerated bookbuilding.
Good demand and long-term customer orders allow expansion of nitrile production Investment in the amount of EUR 7.2 million Expansion of the product range to include highly corrosive nitriles