ER7.F - ERAMET S.A.

Frankfurt - Frankfurt Delayed Price. Currency in EUR
53.22
-2.16 (-3.90%)
At close: 9:02AM CEST
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Previous Close55.38
Open53.22
Bid0.00 x N/A
Ask0.00 x N/A
Day's Range53.22 - 53.22
52 Week Range37.13 - 94.10
Volume100
Avg. Volume36
Market Cap1.36B
Beta (3Y Monthly)0.52
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.60 (1.10%)
Ex-Dividend Date2019-05-29
1y Target EstN/A
  • Reuters

    Eramet plans new measures for nickel unit as losses continue

    France's Eramet said on Wednesday it would make a fresh effort this year to stem losses at its nickel business in New Caledonia to avoid a cash crunch next year. Previous efforts to reduce production costs at the SLN unit suffered a setback last year due to higher energy prices, exchange rate effects and protests at its New Caledonian mines, Chairman and CEO Christel Bories said. "We know that if we don't do anything, if the plan is not implemented and economic conditions remain as currently, we will have a cash problem in 2020," Bories said of SLN.

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