Ecoslops SA

Equities

ALESA

FR0011490648

Environmental Services & Equipment

Market Closed - Euronext Paris Other stock markets 11:35:15 2024-04-26 am EDT			5-day change	1st Jan Change
0.782 ^EUR	+16.02%		+11.71%	-39.61%

2023	An Unknown buyer agreed to acquire Ecoslops Refinery in Marseille from Ecoslops S.A..	CI
2023	Ecoslops S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	CI

Ecoslops : Sale of Ecoslops Provence completed

February 29, 2024 at 12:00 pm EST

Paris, February 29, 2024 - Ecoslops SA today announces the completion of the sale of its 75%-owned subsidiary Ecoslops Provence to TotalEnergies Raffinage France, which now becomes the sole shareholder.

As previously announced, the purchase price for Ecoslops SA's shares and shareholder loan in Ecoslops Provence amounts to €8.0 million, paid in full today. With this transaction, the Group's net debt is reduced from 24.7 M€ on June 30, 2023 to 10.3 M€ today.

This sale will enable Ecoslops SA to focus on the commercial development of Scarabox^® and optimization projects at its 100%-owned Sines plant in Portugal.

Next dates

Week of March 4, 2024: press release on the Group's strategic objectives and balance sheet impacts following the sale of Ecoslops Provence
Publication of 2023 annual results on April 11, 2024 after close of trading

ABOUT ECOSLOPS
Ecoslops is listed on Euronext Growth in Paris
Code ISIN : FR0011490648 - Ticker : ALESA / PEA-PME eligible
Investor Relations : ir@ecoslops.com - 01 83 64 47 43
Ecoslops is the cleantech that brings oil into the circular economy thanks to an innovative technology allowing the company to upgrade oil residues and used lub oil into new fuels and light bitumen. The solution proposed by Ecoslops is based on a unique micro-refining industrial process that transforms these residues into commercial products that meet international standards. Ecoslops offers an economic and more ecological solution to port infrastructure, waste collectors and ship-owners through its processing plants
.www.ecoslops.com

Attachment

PR029feb24_SALE_OF_ECOSLOPS_PROVENCE

Latest news about Ecoslops SA

An Unknown buyer agreed to acquire Ecoslops Refinery in Marseille from Ecoslops S.A..	23-10-26	CI
Ecoslops S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-10-24	CI
TotalEnergies Raffinage France proposed to acquire additional 75% stake in Ecoslops Provence from Ecoslops S.A..	23-10-22	CI
Ecoslops S.A. Announces Revenues Results for the First Half of 2023	23-07-12	CI
The skip's party	23-06-12
Ecoslops S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-12	CI
Ecoslops Reports Turnover Results for the Year Ended 31 December 2022	23-01-31	CI
Ecoslops S.A. Reports Earnings Results for the Half Year Ended June 30, 2022	22-09-21	CI
Ecoslops S.A. Reports Revenue Results for the First Half of 2022	22-07-18	CI
Ecoslops S.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-12	CI
Ecoslops : Mercuria Energy to Launch Feasibility Study on Recycling Port Infrastructure	21-10-19	MT
Ecoslops Announces Strategic Partnership with Mercuria Energy Group	21-10-19	CI
Global markets live: Universal Music Group, China Evergrande, ENI, Prudential, Microsoft...	21-09-20
Global markets live: WM Morrison, IBM, Didi...	21-07-05
Ecoslops S.A. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2020	21-04-08	CI
Ecoslops S.A. Announces First Sales Contract, Close to EUR 5 Million , Signed with Valtech Energy in Cameroon for the Mini P2R, Which Becomes the “Scarabox®”	21-03-17	CI
Ecoslops S.A. Reports Earnings Results for the Half Year Ended June 30, 2020	20-09-23	CI
ECOSLOPS : Remarkable operational performance as group EBITDA turns positive	19-09-27	AL
ECOSLOPS : Marginal changes to our DCF following the H1 19 release	19-09-26	AL
Ecoslops S.A. Reports Earnings and Production Results for the Six Months Ended June 30, 2019; Provides Production Guidance for the Year 2019	19-09-25	CI
Ecoslops S.A. Announces Consolidated Earnings Results for the Year Ended December 31, 2018	19-04-03	CI
The European Investment Bank Finances Ecoslops Up to Eur 18 Million for Its Development	19-02-11	CI
Ecoslops Reports Earnings and Production Results for the First Half Ended June 30, 2018; Provides Production Guidance for the Year 2018	18-09-26	CI
Ecoslops Reports Consolidated Earnings Results for the Full Year Ended December 31, 2017	18-04-02	CI
Ecoslops Signs Memorandum of Understanding with the Suez Canal Economic Zone for the Development of a Detailed Feasibility Study	18-01-22	CI

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Company Profile

Ecoslops SA brings oil into the circular economy thanks to an innovative technology allowing the company to upgrade oil residues and used lub oil into new fuels and light bitumen. The solution proposed by Ecoslops SA is based on a unique micro-refining industrial process that transforms these residues into commercial products that meet international standards. Ecoslops SA offers an economic and more ecological solution to port infrastructure, waste collectors and ship-owners through its processing plants.

Sector

Environmental Services & Equipment

Calendar

2024-06-11 - Annual General Meeting

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Sector Waste Management, Disposal & Recycling Services

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Waste Management, Disposal & Recycling Services