Saturday, June 25, 2022
Yanoom
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
Yanoom
No Result
View All Result
Home Business

Hoffmann Green Cement launches a capital increase and reviews its profitability objectives

Yanoom by Yanoom
November 22, 2021
in Business
0
Hoffmann Green Cement launches a capital increase and reviews its profitability objectives
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

(AOF) – Hoffmann Green Cement Technologies has announced the launch of a capital increase with cancellation of shareholders’ preferential subscription rights by way of a public offer and with a priority period, on an irreducible basis only, for its existing shareholders , and a global offer, covering a maximum number of 1,000,000 new shares to be issued, i.e. a maximum amount of € 25 million based on the maximum price of € 25 per share as set by the Management Board of the Company on November 19, 2021.

The final number of New Shares to be issued as well as the Offer Price will be set at the closing of the Global Placement, scheduled for November 30, 2021.

The cement company plans to use the funds that will be raised to finance the launch of its international development (up to 65% of the maximum estimated net income, or around 15.7 million euros, as well as for the acceleration of its development in France (35% of the estimated maximum net income, or around 8.5 million euros).

Thanks to these developments, the company now anticipates a turnover by 2026 of 130 million euros, or 10 million more than what was stated during the presentation of the 2021 half-year results.

The recruitments, which should be carried out from the end of 2021 to allow these developments, will weigh on Hoffmann’s expenses and should lead to a two-year postponement of profitability targets. Thus, the EBITDA is expected in the worm from 2024 (instead of 2022 announced), and the ROC should be positive from 2025 (instead of 2023). The objective of 40% margin on EBITDA by 2026 is however unchanged.

In addition, by 2030, Hoffmann Green aims to build 15 to 20 additional production units by future international partners, likely to generate license fees of around 30 million euros per year.

©
AOF

The AOF information reproduced on Capital.fr is taken from the AOF information service. This information is protected by intellectual property rights owned by OPTION FINANCE SAS, publisher of the AOF real-time stock market information service, and its contributors. Consequently, any reproduction, copy, duplication, modification, transfer, redistribution, translation, commercial or non-commercial exploitation, creation of hypertext link or reuse in any way whatsoever of this information is subject to the prior written agreement of OPTION. FINANCE SAS and its contributors. AOF can be reached at the following address [email protected] OPTION FINANCE SAS collects its data from sources it considers the most reliable. However, subject to gross negligence, OPTION FINANCES SAS and its contributors in no way guarantee the absence of errors and defects, even hidden, nor the exhaustiveness or lack of conformity for any use whatsoever of these data and of OPTION FINANCE. SAS or one of its contributors, and cannot be held responsible for delays or interruptions that could affect access to them. The user of the OPTION FINANCE SAS service will use AOF data at his own risk and must hold OPTION FINANCE SAS and its contributors harmless from any claim resulting from this use.

Tags: capitalCementgreenHoffmannincreaselaunchesobjectivesprofitabilityreviews
Previous Post

Morning meeting AOF France / Europe – The new wave of covid in the sights

Next Post

Noxxon Pharma presents its data in the treatment of brain cancer

Yanoom

Yanoom

Related Posts

Ukraine, the Russians take control of Severodonetsk
Business

Ukraine, the Russians take control of Severodonetsk

by Yanoom
June 25, 2022
In Italy, will the results of the local elections weaken the Draghi government?
Business

In Italy, will the results of the local elections weaken the Draghi government?

by Yanoom
June 25, 2022
Dissolution of the community of the Word of Life
Business

Dissolution of the community of the Word of Life

by Yanoom
June 25, 2022
“The right to abortion does not exist anywhere”
Business

“The right to abortion does not exist anywhere”

by Yanoom
June 25, 2022
Business

In Germany, the heads of state of the G7 will try to rally the emerging countries

by Yanoom
June 25, 2022
Next Post
Noxxon Pharma presents its data in the treatment of brain cancer

Noxxon Pharma presents its data in the treatment of brain cancer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business

Browse by Tags

Amazon analysis AOF biggest CAC close Covid19 culture day December drop economy essentials europe euros found France French Friday increase Inflation January largest march market midsession Monday paris prices religion rise Russia SBF SRD Stock Street Thursday today Tuesday ukraine Wall war Wednesday world Yanoom

Categories

  • Business

Browse by Tag

Amazon analysis AOF biggest CAC close Covid19 culture day December drop economy essentials europe euros found France French Friday increase Inflation January largest march market midsession Monday paris prices religion rise Russia SBF SRD Stock Street Thursday today Tuesday ukraine Wall war Wednesday world Yanoom

Recent Posts

  • Ukraine, the Russians take control of Severodonetsk
  • In Italy, will the results of the local elections weaken the Draghi government?
  • Dissolution of the community of the Word of Life

© Yanoom 2021. All Rights Reserved.

No Result
View All Result
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports

© Yanoom 2021. All Rights Reserved.