Heavy Electrical Equipment
TERASAKI ELECTRIC revises consolidated full-year outlook for FY 2016
TERASAKI ELECTRIC CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 41,300 million yen from 43,320 million yen for FY ending March 2016.Operating profit forecast increased to 3,280 million yen from 3,210 million yen.Ordinary profit forecast increased to 3,570 million...
TERASAKI ELECTRIC to transfer real estate and expects extraordinary profit for FY 2016
TERASAKI ELECTRIC CO LTD:To transfer real estate in Singapore owned by wholly owned subsidiary TERASAKI ELECTRIC CO., (FAR EAST)PTE.LTD. in December.Says it expects an extraordinary profit of 640 million yen for FY ending March 2016.Says the profit was recorded as gain on selling of the real estate.
TERASAKI ELECTRIC expects extraordinary loss for FY 2016
TERASAKI ELECTRIC CO LTD:Says it expects an extraordinary loss of 46 million yen for FY ending March 2016.Says the loss is recorded for cancellation of lease contract.
Nordex comments on Acciona merger and FY 2018 joint sales and EBITDA forecast
Nordex Se:Clearance of merger by competition authorities expected in Q1/2016.Joint sales target of 4.2 billion - 4.5 billion euros by FY 2018.EBITDA margin of over 10 pct targeted for FY 2018, including around 60 pct of the synergy benefits of 95 million euros per year expected from FY 2019 onwards.
Mergers & Acquisitions
- Nordex comments on Acciona merger and FY 2018 joint sales and EBITDA forecast
- Jiangxi Special Electric Motor completes shares issuance for stake acquisition and fund raising
- Jiangxi Special Electric Motor updates shares issuance for fully acquisition of Jiangsu-based automobile company and fund raising
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