News & Videos - RAPALA VMC OYJ [CBOE] - English

RAPALA VMC CORPORATION, Changes board/management/auditors, June 14, 2024 at 06:00 p.m. EET Rapala VMC continues its strategic plan introduced this year. The Group is working continuously to become more agile on all operational levels, fulfilling the promise of being the best partner in the business. This approach is best enhanced by bringing decision making closer to the local markets and defining clear country and regional accountabilities. Following the transition in movement, Executive Vice...

RAPALA VMC CORPORATION, Decisions of general meeting, April 18, 2023 at 4:00 p.m. EET The Annual General Meeting (AGM) of Rapala VMC Corporation has on 18 April 2024 adopted the financial statement of the financial year 2023 and discharged the members of the Board of Directors and the CEO from liability for the financial year that ended on 31 December 2023. The AGM approved the remuneration report for governing bodies for the financial year 2023 and the remuneration policy for 2024-2027. The AGM...

Rapala VMC Corporation, Changes board/management/auditors, April 15, 2024, at 06:30 p.m. EET Long-time Board member of Rapala VMC Corporation, Jorma Kasslin, has passed away. He died suddenly after a brief illness on April 14, 2024. Kasslin was 70 years old and had been a member of Rapala VMC's Board of Directors since 1998, serving as Chairman from 2016 to 2018 and as President and CEO from 1998 to 2016. The Board of Directors, management, and staff of Rapala VMC Corporation extend their...

Rapala VMC Corporation, Changes board/management/auditors, March 30, 2024 at 4 p.m. EET Stanislas de Castelnau, Executive Vice President, Head of Operations is retiring at the end of March 2024 after a highly successful 23-year career at Rapala VMC. Having started his career back in 2001 as General Manager of Rapala VMC’s French hook factory (VMC Peche SA) Stanislas De Castelnau has for the past eight years been in charge of developing Rapala VMC ‘s worldwide operations. Stanislas de...

RAPALA VMC CORPORATION, Annual Financial Report, March 20, 2024 at 05:00 p.m. EET Rapala VMC Corporation’s Financial Statements, Corporate Governance Statement, Sustainability Report and Remuneration Report 2023 have been published as attachments to this stock exchange release. All statements and other investor information are available on the Group’s corporate website at www.rapalavmc.com in English and Finnish. Rapala VMC Corporation publishes the Financial Statements in accordance with...

RAPALA VMC CORPORATION, Notice to general meeting, March 20, 2024 at 05:00 p.m. EET The shareholders of Rapala VMC Corporation (“ Rapala VMC ” or the “ Company ”) are invited to the Annual General Meeting, which will be held on Thursday 18 April 2024 at 10:00 a.m. (EET). The meeting will be held as a remote meeting in accordance with Chapter 5, Section 16, Subsection 3 of the Finnish Companies Act, in which shareholders fully exercise their decision-making powers by the use of...

RAPALA VMC CORPORATION, Financial Statement Release, March 20, 2024 at 04:55 p.m. EET In connection with the Group’s audited Financial Statements, the company revises the income statement and balance sheet figures published on March 7, 2024 in the Financial Statement Release. The error correction relates to financial items and impacts “Financial income and expenses” and “Income taxes” in the income statement. In the balance sheet, non-current non-interest-bearing assets and liabilities...

RAPALA VMC CORPORATION, Financial Statement Release, March 7, 2024 at 4:00 p.m. EET January-December (FY) in brief: Net sales were 221.6 MEUR, down 19% from previous year (274.4). With comparable exchange rates sales were 17% lower than last year. Group products sales were 208.1, down 9% from previous year (228.4). With comparable exchange rates Group products sales were 7% lower than last year. Operating profit was 4.0 MEUR (12.3). Comparable operating profit* was 5.6 MEUR (15.3). Cash flow...

Rapala VMC Corporation, Managers’ transactions, December 18, 2023 at 9:00 p.m. EET Rapala VMC Corporation has received on December 18, 2023 the following notification pursuant to Article 19 of the EU Market Abuse Regulation from a person closely associated with a person discharging managerial responsibilities in Rapala VMC Corporation. Person subject to the notification requirement Name: Viellard Migeon Et Compagnie SA Position: Closely associated person Person discharging managerial...

Rapala VMC Corporation, Changes board/management/auditors, December 8, 2023 at 06:00 p.m. EET Jean-Philippe Nicolle, who is already a member of the Global Management Team and currently the Chief Financial Officer, has been appointed as Chief Operating Officer responsible for Business Performance, Finance Controlling and Internal Auditing as of January 1, 2024. Miikka Tarna has been appointed as a member of Global Management Team and Chief Financial Officer as of January 1, 2024. Tarna has worked...

Rapala VMC Corporation, Financial calendar, November 29, 2023 at 4:00 p.m. EET In 2024, Rapala VMC Corporation will publish its financial information as follows: Financial Statement Release for 2023 on March 7 Half Year Financial Report for January-June 2024 on July 24 Rapala VMC Corporation will apply 30 calendar day silent period prior to the release of the above-mentioned financial reports. Rapala VMC Corporation’s Financial Statement for 2023 will be published on March 20, 2024. The Annual...

Rapala VMC Corporation, Stock Exchange Release, November 22, 2023 at 7:00 p.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Rapala VMC Corporation (” Rapala VMC ” ) issues hybrid capital securities in the aggregate amount of EUR 30 million (the ”...

Rapala VMC Corporation, Inside Information, November 16, 2023 at 9.45 a.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Rapala VMC Corporation (“ Rapala VMC ”) considers the issuance of euro-denominated hybrid capital securities in the aggregate...

RAPALA VMC CORPORATION, Half year financial report, July 20, 2023 at 5:00 p.m. EET January-June (H1) in brief: Net sales were 117.9 MEUR, down 21% from previous year (148.4). With comparable exchange rates sales were 20% down from previous year. Operating profit was 4.4 MEUR (13.6). Comparable operating profit* was 5.3 MEUR (15.5). Earnings per share (non-diluted) was -0.03 EUR (0.22). Cash flow from operations was 18.6 MEUR (-8.6). Inventories were 98.5 MEUR (117.7). Short-term outlook was...

RAPALA VMC CORPORATION, Inside Information, 30.6.2023 at 18.00 EEST Rapala VMC Corporation (“Rapala VMC”) updates its full year outlook for 2023. Full year comparable operating profit (excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability) for 2023 is expected to be significantly below the previous year. Profitability will be significantly below last year due to challenging market conditions caused by prolonged destocking at retail and...

RAPALA VMC CORPORATION, Financial calendar, May 10, 2023 at 10:00 a.m. EET Contrary to the previous information, Rapala VMC Corporation will disclose the Half Year Financial Report for January-June on July 20, 2023. The previously announced disclosure date was July 14, 2023. RAPALA VMC CORPORATION Lars Ollberg President and Chief Executive Officer For further information, please contact: Tuomo Leino, Investor Relations, tel. +358 9 7562 540 Distribution: Nasdaq Helsinki and main media About...

RAPALA VMC CORPORATION, Managers’ transactions, April 13, 2023 at 5:00 p.m. EET Rapala VMC Corporation has received on April 13, 2023 the following notification pursuant to Article 19 of the EU Market Abuse Regulation from a person closely associated with a person discharging managerial responsibilities in Rapala VMC Corporation. Person subject to the notification requirement Name: Oy Rosaco Ab Position: Member of the Board/Deputy member Person discharging managerial responsibilities in issuer...

RAPALA VMC CORPORATION, Managers’ transactions, April 6, 2023 at 5:00 p.m. EET Rapala VMC Corporation has received on April 6, 2023 the following notification pursuant to Article 19 of the EU Market Abuse Regulation from a person closely associated with a person discharging managerial responsibilities in Rapala VMC Corporation. Person subject to the notification requirement Name: Viellard Migeon Et Compagnie SA Position: Closely associated person Person discharging managerial responsibilities...

RAPALA VMC CORPORATION – Inside Information – Changes Board/Management/Auditors, April 4, 2023 at 6:00 p.m. EET The Board of Directors of Rapala VMC Corporation has appointed Lars Ollberg as the new President and Chief Executive Officer of Rapala VMC Corporation. He will start in Rapala VMC on May 1st, 2023. Lars Ollberg was until June 2022 Chief Operating Officer and Global Management Team member of Rapala VMC. “We are very pleased to appoint Lars Ollberg as our new CEO. He truly...

RAPALA VMC CORPORATION, Decisions of general meeting, March 29, 2023 at 5:00 p.m. EET The Annual General Meeting (AGM) of Rapala VMC Corporation has on 29 March 2023 adopted the financial statement of the financial year 2022 and discharged the members of the Board of Directors and the CEO from liability for the financial year that ended on 31 December 2022. The AGM approved the remuneration report for governing bodies for the financial year 2022. The AGM approved the Board of Director’s...