Media

          

3.10.2018 09:00 EET

Composition of Exel Composites Plc’s Nomination Board

According to the resolution of Exel Composites’ Annual General Meeting held on 22 March 2018, the company’s shareholders’ Nomination Board consists of the representatives of the four largest shareholders and of the Chairman of the Board of Directors, acting as an expert member. The largest sharehold...

24.7.2018 10:00 EET

Exel Composites Plc’s Half-Year Financial Report January–June 2018: “Adjusted operating profit continued to increase”

Q2 2018 in brief ·  Order intake increased by 7.0% to EUR 25.0 million (Q2 2017: 23.4). ·  Revenue increased by 9.2% to EUR 25.3 million (23.2). ·  Adjusted operating profit was EUR 2.0 million (1.7), representing 7.8% of revenue (7.4). ·  Net cash flow from operating activities was EUR -1....

28.5.2018 09:45 EET

Changes in Exel Composites’ group management team

Olli Tevä appointed SVP Sales & Marketing, Kari Loukola appointed SVP Exel Composites Americas and President of DSC Mr. Olli Tevä, 47, has been appointed SVP, Sales & Marketing and member of Exel Composites Plc's Group Management Team as of 1 August 2018. He holds an M.Sc. in Electrical Engineering...

9.5.2018 09:00 EET

Exel Composites Plc’s January-March Business Review 2018: “Continued growth in revenue and adjusted operating profit in the first quarter of the year”

Q1 2018 in brief ·  Order intake decreased by 2.3% to EUR 22.0 million (Q1 2017: 22.5). ·  Revenue increased by 6.0% to EUR 21.5 million (20.3). ·  Adjusted operating profit amounted to EUR 1.8 million (1.7), which is 8.3% of revenue (8.2%). ·  Net cash flow from operating activities was EU...

24.4.2018 09:45 EET

Addition to Exel Composites’ stock exchange release published on 23 April 2018 at 16:25 EET concerning the acquisition of DSC

Referring to Exel Composites’ stock exchange release published on 23 April at 16:25 EET concerning the acquisition of Diversified Structural Composites, Inc. (“DSC”), Exel Composites publishes additional information about DSC’s prior profit development and financial position. The figures are based o...

23.4.2018 16:25 EET

Exel Composites expands into the American market through the acquisition of Diversified Structural Composites

Exel Composites Plc has signed an agreement to acquire 100% of the shares in Diversified Structural Composites, Inc. (“DSC”), a composites company based in the United States of America, from Teijin Carbon America, Inc. a subsidiary of Teijin, a global carbon fiber manufacturer. DSC has one manufact...

23.4.2018 16:25 EET

Exel Composites Plc revises its outlook for 2018

Exel Composites Plc announced today the acquisition of Diversified Structural Composites (“DSC”), with revenue for the fiscal year 2017, ended in March 2018, of USD 19 million and an operating loss close to USD one million. Restructuring initiatives since 2015 have progressively improved DSC’s profi...

22.3.2018 13:50 EET

Exel Composites continues the long-term incentive program for top management

The Board of Directors of Exel Composites Plc has decided on the continuation of the share-based long-term incentive program for the top management of Exel Composites. The 2018 performance-based plan is part of the share-based long-term incentive program published on 4 May 2017, which objectives are...

22.3.2018 12:45 EET

Resolutions of the Exel Composites Annual General Meeting 2018

The Annual General Meeting, AGM, of Exel Composites Plc was held on 22 March 2018 and adopted the following resolutions: Adoption of the financial statements The AGM adopted the financial statements of the parent company and the Group for 2017. The AGM also discharged the members of the Board of D...

1.3.2018 09:00 EET

Exel Composites’ Annual Financial Report 2017 published

Exel Composites has today 1 March 2018 published its Annual Financial Report for 2017. The Annual Financial Report for the period from 1 January to 31 December 2017 includes the Board of Directors’ Report, the review by the President & CEO, the consolidated financial statements, the financial statem...

19.2.2018 13:15 EET

Exel Composites Plc: Announcement regarding change in shareholdings

Exel Composites Plc has on 19 February 2018 received a disclosure under Chapter 9, Section 5 of the Finnish Securities Markets Act according to which the holding of Danske Bank A/S has fallen below 5% of the voting rights and share capital in Exel Composites Plc. Through share transactions conclude...

16.2.2018 09:15 EET

Notice to Exel Composites Plc’s Annual General Meeting 2018

Notice is given to the shareholders of Exel Composites Plc to the Annual General Meeting of Shareholders to be held on Thursday 22 March 2018 at 10:00 at Radisson Blu Royal Hotel at the address Runeberginkatu 2, Helsinki, Finland. The reception of persons who have registered for the meeting and the ...

16.2.2018 09:00 EET

Exel Composites Plc’s Financial Statements Release 2017: “Revenue and operating profit increased significantly”

Q4 2017 in brief ·  Order intake increased by 16.9% to EUR 21.4 million (Q4 2016: 18.3). ·  Revenue increased by 17.9% to EUR 22.4 million (19.0). ·  Adjusted operating profit improved to EUR 1.3 million (0.7), which is 5.9% of revenue (3.7%). ·  Net cash flow from operating activities was ...

29.1.2018 11:30 EET

Exel Composites' Shareholders' Nomination Board's proposal for composition and remuneration of the Board of Directors

Composition of the Board of Directors The Shareholders' Nomination Board elected by the Annual General Meeting of Exel Composites Plc proposes to the Annual General Meeting to be held on 22 March 2018 that Mr Petri Helsky, Mr Kai Kauto, Mr Reima Kerttula, Ms Helena Nordman-Knutson and Mr Jouko Peus...

25.10.2017 15:00 EET

Exel Composites' financial calendar and Annual General Meeting in 2018

Exel Composites Plc will publish the following financial reports in 2018:  ·  Financial Statements Release 2017: 16 February 2018 at approximately 9:00 EET ·  Business Review January - March: 9 May 2018 at approximately 9:00 EET ·  Half-year Financial Report January - June: 24 July 2018 at ap...

25.10.2017 09:00 EET

Exel Composites Plc’s January–September Business Review 2017: “Adjusted operating profit almost tripled in Q3 2017”

Q3 2017 in brief ·  Order intake increased by 5.9% to EUR 19.3 million (Q3 2016: 18.2). ·  Revenue increased by 24.1% to EUR 20.4 million (16.4). ·  Adjusted operating profit improved to EUR 1.6 million (0.6), which is 7.9% of revenue (3.6%). ·  Net cash flow from operating activities was E...

Exel Composites Oyj, Vantaa head office, Mäkituvantie 5, FI-01510 Vantaa, Finland