Aluminium Anodising
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COIL: A CHALLENGING FIRST HALF OF 2025, WITH A RECOVERY PLAN UNDERWAY
Globenewswire· 2025-10-31 16:45
PRESS RELEASEBrussels, 31 October 2025 (17.45)World leader in aluminium anodising A CHALLENGING FIRST HALF OF 2025,WITH A RECOVERY PLAN UNDERWAY COIL, world leader in aluminium anodising, has released its results for the first half of the 2025 financial year. Key highlights In a context of weak end-market demand and a generally cautious global economic climate, COIL recorded a significant decline in activity in the first half of 2025. Tolling sales were affected both by intensified competition in Europe and ...
COIL: CHANGES IN COIL’S GOVERNANCE
Globenewswire· 2025-10-24 15:45
PRESS RELEASEBrussels, 24 October 2025 (17.45)World leader in aluminium anodising CHANGES IN COIL’S GOVERNANCE COIL, the world leader in aluminium anodising, is reshaping its governance to accelerate its transformation and enhance operational leadership in a challenging market environment. At its meeting on 16 October 2025, the Board of Directors of COIL decided to terminate the contract with Finance & Management International (FMI), represented by Timothy Hutton, which had until now been responsible for th ...
COIL STRENGTHENS ITS EQUITY WITH A €1.3 MILLION CAPITAL INCREASE SUBSCRIBED BY COMPANY EXECUTIVE AND MANAGEMENT
Globenewswire· 2025-10-03 15:45
PRESS RELEASEBrussels, October 3, 2025 (5:45pm)World leader in aluminium anodising COIL STRENGTHENS ITS EQUITY WITH A €1.3 MILLION CAPITAL INCREASE SUBSCRIBED BY COMPANY EXECUTIVE AND MANAGEMENT A decisive transaction to secure COIL’s futureA key step in the recovery plan COIL (Euronext Growth Paris: ALCOI / ISIN: BE0160342011), world leader in aluminium anodising (the “Company”), today announces the completion of a reserved capital increase of €1.3 million, fully subscribed in cash by company executive and ...
COIL: 2025 FIRST-HALF REVENUE
Globenewswire· 2025-07-29 15:45
Core Viewpoint - COIL, a leader in aluminium anodising, reported a significant decline in revenue for the first half of 2025, attributed to a global economic slowdown, weakening demand, and geopolitical uncertainties, with total revenue falling by 34.3% to €8.63 million compared to the same period in 2024 [4][10]. Business Trends - Tolling sales amounted to €6.94 million, representing 80% of total sales, which is a decrease of 24.6% from €9.20 million in H1 2024, influenced by a one-off order in the previous year and cautious inventory management by metal distributors [5][3]. - Package sales reached €1.69 million, or 20% of total sales, down 12.6% from €1.94 million in H1 2024, reflecting a gradual demand slowdown, particularly in Q2 [6][3]. - Total revenue for the first half of 2025 was €8.63 million, down from €13.13 million in H1 2024, marking a 34.3% decline [3][4]. Financial Position - The decline in activity is expected to impact operating profitability and cash flow, prompting the company to implement short-term measures to preserve liquidity, including working capital optimization and investment adjustments [7]. - As of June 30, 2025, COIL's net financial debt was €4.5 million, a slight decrease of 1.3% from December 31, 2024, with gross debt at €4.8 million and available cash of €0.3 million [8]. - The company is exploring equity reinforcement options, including a potential capital increase, to secure its financial structure over the medium term [10]. Strategic Initiatives - COIL is focusing on strengthening commercial efforts with strategic customers and exploring high-potential international markets, particularly in Asia, the Middle East, and India, where demand for anodized aluminium remains strong [7]. - The company aims to continue its licensing agreement in China, expecting additional milestone payments by year-end and further non-recurring revenue in 2025 [7]. - Cost structure optimization is being reinforced through reductions in raw material inventories and workforce adjustments, including temporary unemployment measures in Belgium and layoffs in Germany [8]. Outlook - COIL anticipates a year-on-year decline in revenue for the full year 2025, while accelerating the transformation of its business model to focus on cost optimization, improved industrial agility, and enhanced valorisation of its technological expertise [10][11].
COIL: 2024 ANNUAL RESULTS IMPACTED BY A CHALLENGING MARKET ENVIRONMENT
Globenewswire· 2025-05-02 15:49
PRESS RELEASEBrussels, 2 May 2025 (17.45)World leader in aluminium anodising 2024 ANNUAL RESULTS IMPACTED BY A CHALLENGING MARKET ENVIRONMENT Revenues up +10.5% to €24.1m, driven by the implementation of the collaboration and licensing agreement in China.Net loss of (3.2) M€, impacted by increased operating expenses and non-recurring items (goodwill impairment).Net debt under control, representing 25% of equity at 31 December 2024. COIL, world leader in aluminium anodising, is reporting its annual results f ...