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Gerresheimer in Q3 2017: slight improvement in adjusted EBITDA margin

Revenues down from EUR 350.4m in Q3 2016 to EUR 331.5m in Q3 2017; organic decrease of 4.3%. Adjusted EBITDA margin slightly improved to 23.4% (Q3 2016: 23.2%); EBITDA leverage, at 2.6, back at same...

Section: News Date: 2017-10-12 Company financial news

O-I reports second quarter 2017 results

Continued strong business performance and favourable non-operational tailwinds drive 2017 earnings guidance higher.

Section: News Date: 2017-08-02 Company financial news

Verallia deal delayed by Greek crisis as LPC-Bankers set to launch 3.5 billion euros of leveraged...

Nearly 3.5 billion euros ($3.91 billion) of loans are expected to launch into Europe's leveraged loan market in the next two weeks, despite a recent wave of macro volatility, as banks and borrowers...

Section: News Date: 2015-07-13 Company financial news

Vitro announces successful conclusion of consent solicitation

Vitro has reported the successful conclusion of its previously announced solicitation of consent from holders of its Senior Limited Recourse Notes due 20 December 2018, which will: “…enable us to red...

Section: News Date: 2015-02-04 Company financial news

O-I reports full year and fourth quarter 2014 results

O-I reported financial results for the full year and fourth quarter ending 31 December 2014, generating its second highest free cash flow in the company's history.

Section: News Date: 2015-02-04 Company financial news

Bormioli: Moody’s changes outlook on ratings

Bormioli Rocco has seen its ratings revised and outlook downgraded from stable to negative by Moody’s. According to Moody’s, the negative outlook reflects the decline in Bormioli’s profitability in 20...

Section: News Date: 2014-12-22 Company financial news

Vitro makes partial prepayment to note; extends maturity

Vitro has made a partial prepayment of USD 35 million to the USD 235 million Note issued on 8 April 2013 and has extended its maturity to 23 January 2016. The outstanding balance after the prepayment...

Section: News Date: 2014-12-18 Company financial news

Ardagh sale of six US glass plants is ‘credit positive’

The disposal of six glass plants in the US by Ardagh Packaging Group earlier this year is credit positive for the packaging group, according to Moody’s, as it will generate total proceeds of around U...

Section: News Date: 2014-07-14 Company financial news

Anchor Hocking to shut down; parent company announces furloughs, first-quarter loss

EveryWare Global, the parent company of Anchor Hocking, has announced that it will shut down all of its US plants to reduce inventory and improve its liquidity, with an eye toward resuming...

Section: News Date: 2014-05-21 Company financial news

O-I reports 2Q 2013 results

O-I’s second quarter results reported earnings on par with prior year as benefits from footprint optimization offset soft demand. Over the same period, operating profits in Europe and Asia Pacific w...

Section: News Date: 2013-07-30 Company financial news

Vitro executes its convertible bonds prepayment

Vitro has executed the full prepayment of the mandatory convertible debentures due in 2015. These MCDs were issued pursuant to the restructuring agreement between Vitro and its creditors approved by...

Section: News Date: 2013-07-19 Company financial news

Vitro to pay convertible bonds in advance

Vitro has announced that it has provided the irrevocable notification for the prepayment of the Mandatory Convertible Debentures due in 2015. The aggregate outstanding balance of these convertible...

Section: News Date: 2013-06-18 Company financial news

H.B. Fuller Company to Acquire Plexbond Quimica, S/A

The Plexbond Quimica business works closely with customers to develop adhesives solutions, which H.B. Fuller says will allow it to leverage the value of the company’s existing technologies, p...

Section: News Date: 2013-05-24 Company financial news

O-I reports first quarter 2013 results

First-quarter results for O-I have been reported, with Chairman and Chief Executive Officer Al Stroucken saying: "We are pleased with our performance overall. Our price increases continue to cover...

Section: News Date: 2013-04-29 Company financial news

Libbey announces partial redemption of senior notes

Libbey Glass is calling an aggregate principal amount of USD 45.0 million of its outstanding 6.875% Senior Secured Notes due 2020 for redemption on 7 May 2013.

Section: News Date: 2013-03-27 Company financial news

Libbey: record full-year 2012 results; intent to redeem senior secured notes; tentative realignment...

4Q included sales of USD 219.1 million, income from operations of USD 13.1 million and adjusted EBITDA of USD 29.9 million; free cash flow generation of USD 36.7 million in the 4Q 2012; working...

Section: News Date: 2013-02-27 Company financial news

O-I reports full year and fourth quarter 2012 results

Owens-Illinois, Inc. has reported financial results for the full year and fourth quarter ending 31 December 2012, with strong cash flow generation and improved earnings for the full year driven by...

Section: News Date: 2013-02-01 Company financial news

Jenoptik: site optimization measures in the US and Germany

Working to boost profitability and better leverage potential synergy, Jenoptik is amalgamating sites with similar operations in the US and Germany. This move is expected to result in further cost...

Section: News Date: 2012-12-21 Company news

O-I: CFO at Deutsche Bank leveraged finance conference

Global glass container manufacturer Owens-Illinois, Inc. announced on 24 September 2009 that senior vice president and CFO Ed White will present at 9:15 a.m. PT at the Deutsche Bank Leveraged Finance...

Section: News Date: 2009-09-28 Company news

Consol Glass plans EUR 7 year bond for buyout

Consol Ltd., South Africa``s largest glass packaging company, has launched plans to issue ZAR 4 billion (EUR 433 million) equivalent of EUR-denominated bonds to finance its leveraged buyout, one lead...

Section: News Date: 2007-03-28 Mergers, acquisitions & disposals
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