Inactive Instrument

Sniace, S.A.

SNC

ES0165380017

Sniace, S.A. Reports Financial Results for the First Quarter of 2016

May 13, 2016 at 01:58 pm EDT

Sniace, S.A. reported financial results for the first quarter of 2016. For the quarter, net sales were €1.3 million ($1.47 million) versus €126,000 a year ago.Net loss was €1.2 million versus loss of €2.4 million a year ago. LBITDA was €628,000 versus €1.8 million a year ago.

Latest news about Sniace, S.A.

Borregaard ASA (OB:BRG) cancelled the acquisition of remaining 40% stake in Lignotech Ibérica S.A. from Sniace, S.A..	17-10-24	CI
TSK ELECTRÓNICA Y ELECTRICIDAD, S.A. acquired additional 4.37% stake in Sniace, S.A..	16-08-18	CI
Sniace, S.A. Reports Financial Results for the First Quarter of 2016	16-05-13	CI
Borregaard ASA (OB:BRG) made an offer to acquire remaining 40% stake in Lignotech Ibérica S.A. from Sniace, S.A.	16-03-20	CI
Sniace, S.A. Auditor Raises 'Going Concern' Doubt	15-06-18	CI
Sniace, S.A. Auditor Raises 'Going Concern' Doubt	14-05-08	CI
Sniace, S.A. Auditor Raises 'Going Concern' Doubt	13-02-27	CI
Sniace SA : High funding costs threaten Spain's robust exports	12-05-17	RE

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Company Profile

Sniace SA is a Spain-based company primarily active in the chemical sector. The Company's main activities are structured into five divisions: Cellulose, Viscose, Electricity Generation, Biofuels and Forestry. The Cellulose division is specialized in the manufacturing of cellulose for textile, sanitary and hygienic applications. The Viscose division is involved in the manufacturing of cut viscose for the production of textile and nonwoven fabrics. In the Electricity Generation division, the Company is active in the generation of electric and thermal energy. The Biofuels division is focused on the production of bioethanol. The Forestry division is in charge of the provision of sustainable forestry consulting and services.

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Commodity Chemicals

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