KME Group S.p.A.

IKG

IT0004552359

Specialty Mining & Metals

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-26 am EDT			5-day change	1st Jan Change
1 ^EUR	+0.50%		-2.53%	+8.46%

Apr. 18	Mib in green at 33,700; Banca Mediolanum bullish	AN
Apr. 18	Futures bullish; car registrations drop	AN

KME Group completes renewal of loan and factoring agreements

November 28, 2023 at 12:20 pm EST

(Alliance News) - KME Group Spa announced Tuesday that its subsidiary KME SE has finalized the closing of the agreement signed on Nov. 9 with the pool of lending institutions, all conditions precedent having been met, with an increase in the amount of the lines by an additional EUR50 million and thus for a total amount up to EUR460 million.

At the same time, the closing of EUR376.5 million in outstanding factoring lines was also completed.

On Tuesday, KME Group closed 0.1 percent in the red at EUR0.95 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Latest news about KME Group S.p.A.

Mib in green at 33,700; Banca Mediolanum bullish	Apr. 18	AN
Futures bullish; car registrations drop	Apr. 18	AN
Mib rebounds as banks boost	Apr. 17	AN
Traders ignore Powell; Popolare Sondrio bullish	Apr. 17	AN
KME Group closes 2023 with loss; revenues up slightly	Apr. 10	AN
Lists bearish; DiaSorin rises against the tide	Apr. 09	AN
Futures down; major order for Fincantieri	Apr. 09	AN
Indices up; Interpump tops on Mib.	Apr. 08	AN
Europe's only Mib in green; Webuild bullish	Mar. 05	AN
Indices down except in Mib; Saipem on top	Mar. 05	AN
KME Group to Buy Sundwiger Messingwerk in EUR62 Million Deal	Mar. 04	MT
Mib above 32,900; Saipem on top after OPEC cuts	Mar. 04	AN
Stock markets down; on Mib well DiaSorin post FDA decision	Mar. 04	AN
KME Group, to subsidiary contract to acquire Sundwiger Messingwerk	Mar. 04	AN
KME Group Unit Enters Deal with Germany's Paragon, US SPAC for cunova's New York Listing	Feb. 20	MT
KME subsidiary signs agreement for cunova capital transaction	Feb. 20	AN
Italy's KME signs deal with US SEDA to list Cunova unit on NYSE	Feb. 20	RE
KME Special Products GmbH & Co. KG agreed to acquire KME Group?s aerospace specialty metals business from KME Group S.p.A..	Feb. 19	CI
Futures bullish; Brent at USD80 level	Dec. 01	AN
Mib green above 29,700; boost on oil segment	Nov. 30	AN
Stock exchanges in green despite disappointing macro data	Nov. 30	AN
Stock exchanges up; H-Farm rises despite loss	Nov. 30	AN
Stock markets expected up ahead of Italy and Eurozone CPIs	Nov. 30	AN
Mib advances; Stellantis at new annual high	Nov. 29	AN
Confidence improves, bullish push on stock markets	Nov. 29	AN

Chart KME Group S.p.A.

Duration

Period

More charts

Company Profile

KME Group SpA, formerly Intek Group SpA, is an Italy-based group operating in production, finance and services sectors. The Companyâs business activities are divided into four business segments: Copper; Renewable Energies; Services, and Private Equity. The Copper segment is involved in the manufacture of semi-finished copper and copper alloy products (excluding copper wire). The Renewable Energies segment includes investment in companies focused on: power generation, sale of products and services within the renewable energy and energy saving domains. The Services segment encompasses solutions in the security sector of the automotive market. The Private Equity segment encompasses investment and management activities in real estate. It operates through the unit KME Partecipazioni SpA.

Sector

Specialty Mining & Metals

More about the company

Income Statement Evolution

More financial data

Sector Other Specialty Mining & Metals

	1st Jan change	Capi.
KME GROUP S.P.A.	+8.46%	346M
SOUTHERN COPPER CORPORATION	+35.87%	90.41B
FREEPORT-MCMORAN INC.	+18.63%	72.53B
MINING AND METALLURGICAL COMPANY NORILSK NICKEL	-.--%	27.75B
JIANGXI COPPER COMPANY LIMITED	+48.73%	10.49B
SUMITOMO METAL MINING CO., LTD.	+24.16%	9.2B
BOLIDEN AB	+12.94%	8.86B
KOREA ZINC INC.	-8.73%	6.9B
WESTERN MINING CO.,LTD.	+44.50%	6.78B
JINDUICHENG MOLYBDENUM CO., LTD.	+23.28%	5.19B