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Afarak Group PLC Ord NPV DI (AFRK)

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08-May-2015 03:23 PM

Afarak resolutions passed at AGM

Afarak Group has confirmed that all the resolutions proposed at today's annual general meeting were passed. At 3:23pm: (LON:AFRK) Afarak Group share price was 0p at 32.5p Story provided by StockMarketWire.com...
08-May-2015 07:57 AM

Afarak earnings up 54.8%

Afarak's first quarter earnings before interest, tax, depreciation and amortisation rose by 54.8% to �?¬4.6m. Revenues fell by 5.7% to �?¬40.7m. Chief executive Danko Koncar said: "Our Speciality Alloys segment continues the positive t
16-Apr-2015 09:28 AM

Afarak schedules AGM

Afarak Group will hold its annual general meeting at Restaurant Palace, Etel�¤ranta 10, 00130 Helsinki, on 8 May at 10 a.m. (Finnish time). At 9:28am: (LON:AFRK) Afarak Group share price was 0p at 32.5p Story provided by StockMarketWire.com.
03-Mar-2015 02:13 PM

Strike ends at Afarak unit's Kavak mine

Afarak Group has announced that the strike at the Kavak mine in Turkey has ended. The company's subsidiary Turk Maadin Sirketi operates two mines in Turkey, Kavak and Tavas, both of which are now in operation. At 2:13pm: (LON:AFRK) Afarak Group s
13-Feb-2015 07:12 AM

Afarak schedules financial statements bulletin

Afarak Group will publish its 2014 financial statements bulletin on 16 February. The financial statements bulletin will be available on the Company's website www.afarakgroup.com. Story provided by StockMarketWire.com...
02-Jan-2015 07:19 AM

Afarak sells part of saw mill equipment

Afarak Group has signed a sale agreement in relation to part of the saw mill equipment the company acquired in 2008 for the cancelled investment project in Kostroma, Russia. The transaction from the discontinued operation positively affects the Q4/2014
16-Dec-2014 10:26 AM

Afarak Group restarts production aty South African mine

Afarak Group (LSE: AFRK) has announced that the company's Mecklenburg mine located on the Eastern Limb of the Bushveld Complex in South Africa has restarted production. This followed a suspension announced in May. At 10:26am: (LON:AFRK) Afarak G
10-Nov-2014 08:54 AM

Afarak revenues up

Afarak Group's revenues rose by 32.1% to �?¬40.6m in the third quarter to the end of September. But earnings before interest, tax, depreciation and amortisation fell to �?¬2.1m from �?¬2.9m as margins dropped to 5.1% from 9.4%. Chief ex
14-Aug-2014 09:51 AM

Afarak revenues up

Afarak Group swung into the black in the six months to the end of June with a profit of �?¬1.5m against a loss of �?¬1.9m a year ago. Revenues were up 50.6% in the second half at �?¬47.3m and by 43.6% in the six months at �?¬63.0m but ear
14-Aug-2014 08:27 AM

Afarak lowers EBITDA outlook

Afarak has updated the outlook for the company's financial performance for 2014. Afarak still expects its financial performance to be better than 2013 but EBITDA will be lower as Q3 2014 is expected to be weaker as compared to Q3 2013. It says: &q
25-Jul-2014 01:37 PM

Afarak major shareholder's stake reduced

Afarak Group (LON:AFRK) has on 25 July 2014 received a flagging notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Ms Aida Djakov regarding the shares of Afarak. As a result of the increase in the total number
16-Jun-2014 07:24 AM

Afarak unit locks out strikers at Turkish mines

Afarak Group subsidiary Turk Maadin Sirketi has temporarily closed down operations in the Tavas and Kavak mines in Turkey and locked out workers who started a strike on Saturday. In spite of the temporary closure of TMS, Afarak's processing plant El
30-May-2014 03:35 PM

Afarak Group suspends ops due to unrest

Afarak Group (LON:AFRK) announces that the Company's Mecklenburg mine located on the Eastern Limb of the Bushveld Complex in South Africa has suspended production due to the unrest in the local community.   Afarak's top priority is the safety
08-May-2014 08:53 AM

Afarak revenues up 36.7%

Afarak's revenues rose by 36.7% to �?¬43.2m in the three months to the end of March and the group posts positive earnings before interest and tax and profit for the first time since entering the mineral business in 2008. Sales from processed pr
14-Feb-2014 08:28 AM

Afarak losses narrow as revenues rise

Afarak Group posts a loss of �?¬4.4m for the the year to the end of December - down from �?¬16.6m last time. Revenues increased by 5.4% to �?¬135.5m and earnings before interest, tax, depreciation and amortisation rose by 52.2% to �?¬14.0
20-Jan-2014 09:36 AM

Afarak's �?¬2.25m share issue to Sail cancelled

Afarak Group's �?¬2.25m share issue to Sail Resources has been cancelled. Afarak announced on 18 December that the board had agreed to offer 5 million new ordinary shares to Sail at a subscription price of �?¬0.45 per share. But Afarak sa
18-Dec-2013 01:23 PM

Afarak management team changes

Afarak Group chief commercial officer Stefano Bonati is stepping down from the position and will leave the executive management team. Bonati will continue his duties as a consultant for the company. His place on the executive management team team is b
08-Nov-2013 08:14 AM

Afarak losses narrow

Afarak Group's losses narrowed to �?¬1.9m in the third quarter to the end of September - down from �?¬6.1m a year ago. Revenues rose to �?¬30.8m from �?¬27.8m and the group reports earnings before interest, tax, depreciation and amo
15-Aug-2013 07:57 AM

Afarak revenues rise

Afarak Group's revenues rose by 1.4% to �?¬31.4m in the second quarter, continuing the positive trend seen in the first three months. Earnings before interest, tax, depreciation and amortisation for the first half rose to �?¬10.3m - up from
 
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