borealis-news-events

Financial Releases

2012

16.11.2012 -  Borealis’ third quarter results improve in a continuously challenging market
Borealis recorded a net profit of EUR 129 million for the third quarter of 2012 compared to EUR 107 million in the same quarter in 2011. Overall, the company has delivered a net profit of EUR 380 million year to date, compared to EUR 448 million during the same period in 2011. Net debt was reduced by EUR 63 million in the third quarter of 2012, resulting in a gearing of 41%.

09.08.2012 -  Borealis delivers solid profits in a difficult market environment
Borealis recorded a net profit of EUR 112 million in the second quarter of 2012 compared to EUR 168 million during the same period in the record year 2011

04.07.2012 -  Borealis launches credit syndication
Borealis has mandated The Bank of Tokyo-Mitsubishi UFJ, Ltd., Barclays Bank PLC, Nordea Bank Danmark A/S, and UniCredit Bank Austria AG as Bookrunners and Coordinators to arrange a 5-year revolving credit facility with a launch amount of EUR 750 Million. The facility will be used for general corporate purposes including the refinancing of the company’s current revolving credit facility.

03.07.2012 -  Borealis bond successfully placed
Borealis has successfully launched its second retails bond transaction in Austria with a maturity of 7 years.

20.06.2012 -  Borealis AG plans to issue a corporate bond
Borealis AG plans to issue a corporate bond

11.05.2012 -  Borealis keeps strong focus on delivering added value to customers despite unstable market conditions
Borealis keeps strong focus on delivering added value to customers despite unstable market conditions

23.02.2012 -  Borealis records strong financial results for 2011 despite an increasingly challenging market in the second half of the year
Borealis recorded a net profit of EUR 507 million in 2011, compared to EUR 333 million in 2010.