Accell Groups Shares Included in Small Cap Index

Tekst verkleinenTekst vergroten
Textsize:
0 comments
Wednesday, August 13, 2008

HEERENVEEN, the Netherlands - Ten years after the introduction of the company on Euronext Amsterdam, Accell Group N.V. is to be included in the Amsterdam Small Cap Index (AScX), due to increased turnover in its shares.

While this makes the shares interesting for investors who only trade in companies included in indices, it is expected that this will have a positive effect on liquidity and thus a further increase of Accell Group’s share turnover.

Over the past ten years, Accell Group’s turnover has risen from €149 million to €476 million, while net profit quintupled from €4.4 million to €24.4 million. This strong growth has come about both on an autonomous basis (average 7% per year) and by means of acquisitions.

René Takens, Chairman of the Accell Group’s Board of Directors: “After 10 years being quoted on Euronext Amsterdam we are now among the 75 companies represented in an index. The increase in our results in 2007 and in the first half of 2008 by 33% and 20% respectively, has clearly contributed to this. We see inclusion in this index as an important recognition.”

Accell Group will be included in the AScX of Euronext Amsterdam as of the beginning of September 2008.

To make it easier for you to follow the news in the global bicycle industry we have launched a Bike Europe page on Twitter. With Twitter you are always the first to receive the news updates.

Click here to track Bike Europe News via Twitter

<b>Brazil 2011:</b> Growth Levels Less than Expected

Brazil 2011: Growth Levels Less than Expected

Reports from the Brazilian industry organization Abraciclo indicate that the market volume for bicycles in Brazil is in... Read more »
  • 22-02-2012 f.r.e.e.
  • 24-02-2012 Fahrrad Essen
  • 24-02-2012 Velo Park
  • 24-02-2012 Seoul Bike Show
  • 24-02-2012 Bike Expo 2012
  • 27-02-2012 Vivavelo
  • 02-03-2012 Toronto International Bicycle Show
  • 02-03-2012 North American Handmade Bicycle...
  • 02-03-2012 GoExpo
  • 02-03-2012 Velobike 2012

More Events >

Stay on top of the news. Click here to sign up to Bike Europe’s free email newsletter. Every week an overview of the most important int'l bicycle business news.

KMC Launched Components for Bosch e-Bike Drive System

KMC Launched Components for Bosch e-Bike Drive System

KMC has developed a heavy duty chain suited to be used on e-bikes with the Bosch drive system. As the Bosch drive... Read more »
Accell集團加強在亞洲的採購和銷售

Accell集團加強在亞洲的採購和銷售

為擴大亞洲區的採購與銷售,Accell Group NV著手強化在該地區的業務運作。該荷蘭控股公司已委任其資深主管之一,Uwe Kalliwoda(見照片)為Accell Asia總裁。 Read more »