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Pink Sheets: Altana AG (AAAGY) news stock charts

Altana AG (AAAGY/AAAGY.PK) Penny Investment Summary:

ALTANA Aktiengesellschaft develops, produces, and distributes specialty chemicals for the manufacture of paints and coatings for various applications worldwide. It operates in four divisions: Additives & Instruments, Effect Pigments, Electrical Insulation, and Coatings & Sealants. The Additives & Instruments division offers wetting and dispersing additives for the even distribution and stabilization of solids in liquids, and defoamers and air-release additives that eliminate air bubbles in coatings and plastics. It also provides measuring and testing instruments to measure the surface properties of coatings and plastics. The Effect Pigments division produces and distributes metallic and pear...
www.altana.com
4,789 Employees
Founded in 1977

ALTANA AG-ADR (AAAGY:OTC)

LAST $22.71 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/15/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of ALTANA AG-ADR (AAAGY)

OPEN
$22.71
PREVIOUS CLOSE
$22.71
DAY HIGH
$22.71
DAY LOW
$22.71
52 WEEK HIGH
02/2/10 - $24.20
52 WEEK LOW
03/18/09 - $16.50
MARKET CAP
3.1B
AVERAGE VOLUME 10 D
82.8
EPS TTM
--
SHARES OUTSTANDING
136.1M
EX-DATE
05/8/09
P/E TTM
--
DIVIDEND
$0.14
DIVIDEND YIELD
0.60%
K = Thousands  M = Millions  B = Billions

Key developments for ALTANA AG-ADR (AAAGY)

Altana AG Reports Earnings Results for the Full Year of 2009

Altana AG reported earnings results for the full year of 2009. The company reported net income for the full year of 2009 fell by 89% year on year to 11 million ($15 million), due to the impact of the economic crisis, particularly on the company's Effect Pigments division. Despite an upturn in business in the second half of the year, sales declined by 12% to 1.18 billion, with sales in all regions remaining below the previous year's figures.

Altana AG Announces Earnings Results for the Nine Months Ended September 2009; Reaffirms Earnings Guidance for the Full Year 2009

Altana AG announced earnings results for the nine months ended September 2009. The company posted sales of EUR 872.2 million for the period January to September 2009, compared to EUR 1,067.5 million in the same period a year ago. This corresponds to a decline of 18%. Earnings before interest, taxes, depreciation and amortization decreased by 35%, from EUR 213.1 million to EUR 139.4 million. Earnings before taxes amounted to EUR 70.4 million, following EUR 152.1 million in 2008. The company reported operating income of EUR 76.8 million and net income of EUR 47.5 million or EUR 0.35 earnings per share compared to operating income of EUR 159.5 million and net income of EUR 101.8 million or EUR 0.75 earnings per share for the same period last year. The company reported capital expenditures on intangible assets and property, plant and equipment of EUR 37.3 million compared to EUR 70.3 million for the same period last year. The company still expects a significantly declining sales and earnings performance for the business year 2009 compared to 2008.

Altana AG to Report Fiscal Year 2009 Results on March 18, 2010

Altana AG announced that they will report fiscal year 2009 results on March 18, 2010.

Altana AG financial resources

otc, otcbb, pinksheet, AAAGY, ob Altana AG

AAAGY Competitors

Company Last Change
Air Products & Chemicals Inc $74.55 USD -0.33
Hitachi Chemical Co Ltd ¥1,942 JPY -11.00
Huntsman Corp $13.44 USD +0.05
Valspar Corp $29.55 USD +0.35
Wuxi Little Swan Co Ltd ¥16.88 CNY +0.01
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation AAAGY Industry Range
Price/Earnings 100.0x
Price/Sales 1.9x
Price/Book 1.8x
Price/Cash Flow 200.5x
TEV/Sales 1.5x

AAAGY

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AAAGY transactions

Type
Date
Target
Merger/Acquisition
October 21, 2009
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Pink Sheets: More Recent Financial News About Altana AG

Business Year 2009: ALTANA Noticeably Affected by the Crisis Despite Strong Rebound in the Second Half of the Year

Quote: WESEL, Germany--(BUSINESS WIRE)--The specialty chemicals Group ALTANA AG concluded the business year 2009with noticeably lower sales and earnings figures compared to the prioryear due to the effects of the economic crisis. Despite a pronouncedupturn in business in the second half of the year, sales declined to€1,182 million, following €1,342 million in 2008, which is a decrease of12%. Adjusted for positive exchange rate as well as acquisition effects,the operating sales decrease was ...
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SKion Exceeds Threshold of 95 Percent of the ALTANA Shares and Makes Squeeze out Request

Quote: 95,04 percent of the ALTANA Shares. At the sametime, SKion is requesting ALTANA AG to convene a shareholders meetingpursuant to § 327a Section 1 of the German Stock Corporation Act (AktG).In this Shareholders Meeting a resolution on the transfer of the sharesheld by the remaining shareholders to SKion GmbH in return for anappropriate cash compensation shall be passed (so called “Squeeze out”).Already on November 9, 2009 SKion had made another revised improvedvoluntary public offer...
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Business Year 2009: ALTANA Noticeably Affected by the Crisis Despite Strong Rebound in the Second Half of the Year

Quote: WESEL, Germany--(BUSINESS WIRE)--The specialty chemicals Group ALTANA AG concluded the business year 2009with noticeably lower sales and earnings figures compared to the prioryear due to the effects of the economic crisis. Despite a pronouncedupturn in business in the second half of the year, sales declined to€1,182 million, following €1,342 million in 2008, which is a decrease of12%. Adjusted for positive exchange rate as well as acquisition effects,the operating sales decrease was ...
Read article

SKion Exceeds Threshold of 95 Percent of the ALTANA Shares and Makes Squeeze out Request

Quote: 95,04 percent of the ALTANA Shares. At the sametime, SKion is requesting ALTANA AG to convene a shareholders meetingpursuant to § 327a Section 1 of the German Stock Corporation Act (AktG).In this Shareholders Meeting a resolution on the transfer of the sharesheld by the remaining shareholders to SKion GmbH in return for anappropriate cash compensation shall be passed (so called “Squeeze out”).Already on November 9, 2009 SKion had made another revised improvedvoluntary public offer...
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ALTANA: Marked Recovery of Its Business Continues

Quote: In total, ALTANAposted sales of €872.2 million for the period January to September 2009,compared to €1,067.5 million in the same period a year ago. Thiscorresponds to a decline of 18%. Earnings before interest, taxes,depreciation and amortization (EBITDA) decreased by 35%, from €213.1million to €139.4 million. Even though, at 16.0%, the present EBITDAmargin is lower than the prior-year value (20%), it is already clearlyhigher than the one for the first six months of 2009 ...
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SKion GmbH Makes a New, Improved Tender Offer for Acquisition of ALTANA Shares

Quote: 91.7% ofthe shares in ALTANA AG. Mrs Susanne Klatten is the sole shareholder ofSKion GmbH. She is also acting as Vice Chairwoman in the SupervisoryBoard of ALTANA AG.In November 2008 SKion GmbH had already made a voluntary public offerfor the acquisition of shares in ALTANA AG to the shareholders of ALTANAAG. On the basis of this voluntary offer and by means of furtheracquisitions of shares SKion GmbH had been able to continuously increaseits shareholding in ALTANA AG. SKion GmbH is currently ho...
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