Media

Media

          

21.3.2019 12:30 EET

Resolutions of the Exel Composites Annual General Meeting 2019

The Annual General Meeting, AGM, of Exel Composites Plc was held on 21 March 2019 and adopted the following resolutions: Adoption of the financial statements The AGM adopted the financial statements of the parent company and the Group for 2018. The AGM also discharged the members of the Board of D...

8.3.2019 16:50 EET

Meet Exel Composites at JEC World 2019, Paris, 12-14 March

Exel Composites is exhibiting at the leading international composites show JEC World 2019 in Paris, France, on 12-14 March. On Stand E48 in Hall 5, we will showcase our latest composite designs developed for various market sectors, including building and construction, wind energy and transportation...

1.3.2019 09:00 EET

Changes in Exel Composites’ Group Management Team: Mikko Rummukainen appointed SVP, Business Development and member of the Group Management Team

Mr Mikko Rummukainen, 40, has been appointed SVP, Business Development and member of Exel Composites Plc's Group Management Team as of 1 March 2019. He holds a Doctor of Science / D.Sc. (Technology) degree in Physics from Helsinki University of Technology. Mr Rummukainen has worked with Exel Compos...

28.2.2019 10:30 EET

Spooled composites offer advantages for lean manufacturing

In today’s competitive manufacturing environment, greater flexibility, a deeper level of manufacturing automation, higher productivity and reduced waste are key objectives and Exel Composites’ spooled products can help companies to realize their lean manufacturing strategies. Exel Composites manufa...

28.2.2019 09:00 EET

Exel Composites’ Annual Financial Report 2018 published

Exel Composites has today 28 February 2019 published its Annual Financial Report for 2018. The Annual Financial Report for the period from 1 January to 31 December 2018 includes the Board of Directors’ Report, the review by the President and CEO, the consolidated financial statements, the financial ...

19.2.2019 12:50 EET

Exel Composites Plc: Managers' Transactions – Kytömäki, Riku

Person subject to the notification requirement Name: Kytömäki, Riku Position: Chief Executive Officer Issuer: Exel Composites Oyj LEI: 743700205JAMGM80QD88 Notification type: INITIAL NOTIFICATION Reference number: 743700205JAMGM80QD88201902191212492 Transaction date: 2019-02-19 Venue: NASDAQ HEL...

18.2.2019 13:45 EET

Exel Composites Plc: Managers' Transactions – Kytömäki, Riku

Person subject to the notification requirement Name: Kytömäki, Riku Position: Chief Executive Officer Issuer: Exel Composites Oyj LEI: 743700205JAMGM80QD88 Notification type: INITIAL NOTIFICATION Reference number: 743700205JAMGM80QD88201902181249382 Transaction date: 2019-02-18 Venue: NASDAQ HEL...

15.2.2019 09:15 EET

Notice to Exel Composites Plc’s Annual General Meeting 2019

Notice is given to the shareholders of Exel Composites Plc to the Annual General Meeting of Shareholders to be held on Thursday 21 March 2019 at 10:00 at Scandic Marina Congress Center at the address of Katajanokanlaituri 6, Helsinki, Finland. The reception of persons who have registered for the mee...

15.2.2019 09:00 EET

Exel Composites Plc’s Financial Statements Release 2018: “Strong order intake in Q4”

Q4 2018 in brief ·  Order intake increased by 35.8% to EUR 29.1 million (Q4 2017: 21.4). ·  Revenue increased by 19.2% to EUR 26.7 million (22.4). ·  Adjusted operating profit amounted to EUR 0.8 million (1.3), which is 2.9% of revenue (5.9%). ·  Net cash flow from operating activities was ...

15.2.2019 08:45 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 2019 performance-based plan is part of the share-based long-term incentive program published on 4 May 2017, which objectives are...

8.2.2019 10:00 EET

Exel Composites Plc publishes its Financial Statements Release 2018 on 15 February 2019

Exel Composites Plc publishes its Financial Statements Release for January – December 2018 on Friday 15 February 2019 at 9:00 EET. A financial results briefing for investors, analysts and journalists will be held the same day at 12:30 EET at Scandic Hotel Simonkenttä’s Roba meeting room (address Sim...

6.2.2019 10:00 EET

Invitation to Exel Composites’ Capital Markets Day in Stockholm on 4 March 2019

Exel Composites will host a Capital Markets Day (CMD) for institutional investors, analysts and financial media on Monday 4 March 2019 at 12:30-14:30 at Hotel C Stockholm (address: Vasaplan 4, 111 20 Stockholm, Sweden). The event will be hosted by President and CEO Riku Kytömäki and CFO Mikko Kettu...

1.2.2019 11:00 EET

Exel Composites Plc to close its production facility in Germany

Exel Composites’ subsidiary Exel GmbH has agreed with the local works council, Betriebsrat, to close production in the Voerde manufacturing facility in Germany by 30 April 2019. The Voerde facility is Exel Composites’ smallest unit where composite profiles mainly to the telecommunications industry h...

30.1.2019 15:10 EET

Exel Composites Plc revises its outlook concerning revenue for the full year 2018

Exel Composites revises its outlook published on 31 October 2018 concerning revenue for the full year 2018 and expects revenue to increase significantly compared to 2017. In the last quarter of 2018 the development of order intake and revenue was more favorable than expected as a result of increased...

30.1.2019 09:00 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 21 March 2019 that Mr Petri Helsky, Mr Reima Kerttula, Ms Helena Nordman-Knutson and Mr Jouko Peussa be re-elect...

22.1.2019 14:00 EET

Exel Composites Plc to start co-determination negotiations in the company’s manufacturing units in Finland

Exel Composites starts co-determination negotiations in the company’s Finnish units on financial and productive grounds with the purpose of improving profitability and adjusting the company’s resources to the need. The negotiations concern about 200 employees working in Mäntyharju and Joensuu. In a...

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