Afarak Group SE

AFAGR

FI0009800098

Iron & Steel

Market Closed - Nasdaq Helsinki Other stock markets 11:29:49 2024-05-08 am EDT			5-day change	1st Jan Change
0.3555 ^EUR	-0.42%		+2.45%	-12.00%

May. 07	Afarak Group SE Reports Production Results for the First Quarter of 2024	CI
Feb. 23	Afarak "proven right" on macro as profit and revenue down	AN

Afarak Group Plc Announces Impairment for the Fourth Quarter 2019; Provides Earnings Guidance for the First Half 2020

February 28, 2020 at 06:23 am EST

Afarak Group Plc announced an impairment write-down on other long term assets related to Mogale business for the fourth quarter of 2019, of EUR 7.4 million compared to EUR 6.5 million a year ago.

The Group has taken a conservative view for 2020 and is prepared for weak market conditions, though still expecting lower losses when compared to 2019.

Latest news about Afarak Group SE

Afarak Group SE Reports Production Results for the First Quarter of 2024	May. 06	CI
Afarak "proven right" on macro as profit and revenue down	Feb. 23	AN
Afarak Group SE Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 23	CI
Afarak Group Se Appoints Christoph Kemper as Chief Technical Officer	Nov. 07	CI
Afarak Group SE Appoints Christoph Kemper as the Chief Technical Officer	Nov. 07	CI
Afarak Group SE Reports Production Results for the Third Quarter and Nine Months of 2023	Nov. 03	CI
Finland's Afarak Cancels Merger with LL-Resources; Shares Jump	23-10-12	MT
Afarak Group CEO Steps Down; Successor Appointed	23-10-12	MT
Afarak Group SE Announces CEO Changes	23-10-12	CI
Afarak Group SE cancelled the acquisition of LL-resources gmbh from LLR-Holding GmbH.	23-10-11	CI
Afarak Group SE Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-18	CI
Afarak Group Secures Regulatory Clearances for LL-Resources Deal	23-08-03	MT
Afarak Group SE Announces Competition Authorities Approval from Austrian Federal Competition Authority and German Federal Cartel Office	23-08-03	CI
Afarak appoints Roman Lurf as CEO and Kylie Gauci as CFO from July 1	23-06-21	AN
Afarak Group SE Appoints Stefano Bonati as Chief Compliance Officer and Corporate Secretary, Effective from 1 July 2023	23-06-21	CI
Afarak Group SE Appoints Kylie Gauci as group CFO, Effective from July 1, 2023	23-06-21	CI
Afarak Group SE Announces CEO Changes, Effective from July 1, 2023	23-06-21	CI
Afarak Group Signs EUR59.5 Million Merger Deal With LL Resources	23-05-12	MT
Afarak Group SE signed an agreement to acquire LL-resources gmbh from LLR-Holding GmbH for approximately EUR 59.5 million.	23-05-11	CI
Afarak 2022 profit surges as revenue doubles on higher sales	23-02-24	AN
Afarak Group SE Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-24	CI
Afarak South Africa Continues Operations After Conclusion of Rescue Proceedings	23-02-23	MT
Afarak Group Plc Reports Production Results for the Third Quarter and Nine Months of 2022	22-10-31	CI
Afarak Group Plc will Change its Name to Afarak Group SE	22-09-05	CI
Afarak Group Oyj Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-19	CI

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Company Profile

Afarak Group Plc, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Companyâs business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The FerroAlloys business consists of the Stellite mine, the alloy processing plant Mogale and the Mecklemburg development project in South Africa and the Waylox mine development project in Zimbabwe. The business produces chrome ore, Charge Chrome, Silico Manganese and Stainless Steel Alloy and exports chrome ore directly to global markets, particularly to China. The Spieciality Alloys business consists of the TMS mining and beneficiation operation in Turkey and the EWW, chromite concentrate processing plant in Germany. TMS supplies EWW with chromite concentrate which is used in Specialised Low Carbon and Ultralow Carbon Ferrochrome. Surplus chrome ore is exported from TMS mainly to China. The Company operates a number of subsidiaries worldwide.

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Iron & Steel

Calendar

2024-05-30 - Annual General Meeting

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Sector Other Steel

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Afarak Group SE

Equities

AFAGR

FI0009800098

Iron & Steel

Afarak Group Plc Announces Impairment for the Fourth Quarter 2019; Provides Earnings Guidance for the First Half 2020

Latest news about Afarak Group SE

Chart Afarak Group SE

Company Profile

Income Statement Evolution

Sector Other Steel