Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  OL Groupe    OLG   FR0010428771

OL GROUPE (OLG)

SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

OL GROUPE : "STADE DES LUMIERES" NEW STADIUM PROJECT

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/27/2012 | 07:55pm CEST
"STADE DES LUMIÈRES" NEW STADIUM PROJECT Lyon, 27 April 2012

Over the past few months, the Stade des Lumières project has passed a certain number of milestones. In particular, the Greater Lyon Community Council approved the revised land use plan on 12 December 2011, and the town of Décines granted the construction permit on 3 February
2012.
Before earthworks can begin, site access and other preliminary work must be carried out, and this is now underway. Archaeological soundings regarding exit no. 7 have also begun, with the French government as the project sponsor. Greater Lyon has begun moving the rainwater retention basins.
The framework agreement signed on 26 July 2011 with Vinci, OL's future partner in the stadium project, contained a clause under which scheduled dates may be revised, depending on the various appeals filed against the project. Because the Stade des Lumières project is very complex and all of the administrative approvals necessary for it to proceed are not yet definitive, the framework agreement signed by OL Groupe, its subsidiary Foncière du Montout and the Vinci group has been extended, in line with its original terms, to enable the parties to continue negotiating and to sign the definitive agreement.
The full structure of this project (design/build contract, shareholders agreement, etc.), important not only for Olympique Lyonnais but also for the Lyon region, should be finalised soon and will be announced in a press release.

Investors are reminded that the risk factors related to the construction of the new stadium are detailed on page 44 of the 2010/11 registration document. These relate in particular to potential appeals or challenges, disputes, unexpected events, failure of service providers, financing difficulties, etc. and might have a material adverse effect on the strategy, business, financial condition and earnings of OL Groupe.

OL Groupe Stock market: Euronext Paris - Compartment C Tel: +33 (0)4 26 29 67 00 Fax: +33 (0)4 26 29 67 18

Email: [email protected] www.olweb.fr

Indices: CAC Small - CAC Mid & Small - CAC All- Tradable, CAC All-Share - CAC Consumer Services - CAC Travel & Leisure ISIN code: FR0010428771 Reuters: OLG.PA Bloomberg: OLG FP ICB: 5755 Recreational services
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on OL GROUPE
05/11 OL GROUPE : Revenue for the first nine months of 2016/17
05/11 OL GROUPE : Revenue for the first nine months of 2016/17
03/21 OL GROUPE : Ol groupe’s partial debt refinancing enters active phase
03/21 OL GROUPE : Partial debt refinancing enters active phase
02/27 OL GROUPE : Olympique lyonnais groupe: subscription of the second and last tranc..
02/27 OLYMPIQUE LYONNAIS GROUPE : Subscription of the second and last tranche of new s..
02/22 OL GROUPE : Publication of the first-half 2016/17 financial report (french versi..
02/22 OL GROUPE : Publication of the first-half 2016/17 financial report (french versi..
02/21 OL GROUPE : First-half 2016/17 revenue and results
02/16OLYMPIQUE LYONNAIS GROUPE SA : half-yearly earnings release
More news
Sector news : Professional Sports Venues
05/28DJFor Hotels, There's No Room Left for Online Travel Agencies
05/10DJMARKET SNAPSHOT : Nasdaq Closes At Record For 4th Straight Day As Dow Slips In F..
05/10DJMARKET SNAPSHOT : Stock Market Flat As Investors Digest Trump's Firing Of FBI's ..
05/10DJBig Tech Companies Could Face More Rules in the EU -- 2nd Update
05/10DJMARKET SNAPSHOT : Stock Market Falls After Trump's Firing Of FBI's Comey Raises ..
More sector news : Professional Sports Venues
Advertisement
Financials (€)
Sales 2017 208 M
EBIT 2017 51,9 M
Net income 2017 32,2 M
Debt 2017 275 M
Yield 2017 -
P/E ratio 2017 5,62
P/E ratio 2018 -
Capi. / Sales 2017 2,11x
Capi. / Sales 2018 -
Capitalization 163 M
More Financials
Chart OL GROUPE
Duration : Period :
OL Groupe Technical Analysis Chart | OLG | FR0010428771 | 4-Traders
Full-screen chart
Technical analysis trends OL GROUPE
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 3,60 €
Spread / Average Target 28%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Michel Aulas Chairman & Chief Executive Officer
Emmanuelle Sarrabay Chief Financial & Technology Officer
Jérôme Seydoux Vice Chairman
Patrick Bertrand Director
Olivier Ginon Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
OL GROUPE-4.42%182
PRICELINE GROUP INC27.14%91 597
CTRIP.COM INTERNATIONA..38.30%28 393
ORIENTAL LAND CO., LTD..8.27%23 180
EXPEDIA INC27.63%21 824
SHENZHEN OVERSEAS CHIN..--.--%10 478
More Results