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Last updated on April 19, 2014 at 13:20 EDT

Latest Elster Group SE Stories

2014-03-11 12:21:42

LONDON, March 11, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:Global Smart Energy Meter Market 2012-2016 TechNavio's analysts forecast the Global Smart Energy Meter market to grow at a CAGR of 24.25 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in the accuracy of billing after the installation of a smart energy meter. The Global Smart Energy Meter market has also been witnessing...

2012-08-28 22:21:26

LONDON, August 29, 2012 /PRNewswire/ -- Melrose PLC ("Melrose") announces today the final results of the tender offer by Mintford AG ("Bidder"), an indirect wholly owned subsidiary of Melrose, to acquire all outstanding ordinary shares and American Depositary Shares ("ADSs") of Elster Group SE ("Elster") for USD 82.00 per ordinary share and USD 20.50 per ADS, in each case in cash, without interest and less any required withholding taxes. The subsequent offering period for...

2012-08-28 10:21:48

ESSEN, Germany, Aug. 28, 2012 /PRNewswire/ -- Elster (NYSE: ELT) announced today that the initial offering period of the previously-announced cash tender offer by Mintford AG, a wholly-owned subsidiary of Melrose PLC, to acquire all outstanding ordinary shares and American Depositary Shares (ADSs) of Elster Group SE expired at 12:00 midnight, New York City time on August 22, 2012. Such transaction had been approved by the administrative board of Elster. (Logo:...

2012-08-03 02:25:59

ESSEN, Germany, Aug. 3, 2012 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced results for the second quarter and six months ended June 30, 2012. Second quarter 2012 highlights include: Second quarter revenues $463.4 million, down 4.8 percent year-over-year (up 2.2 percent on a constant currency basis(1)) Second quarter adjusted EBITDA(2) $62.2 million, adjusted EBITDA margin(2) 13.4 percent Second quarter Non-GAAP earnings per ADS $0.24(3) Cash flows from operating activities...

2012-06-28 22:20:51

LONDON, June 29, 2012 /PRNewswire/ -- Today the board of Melrose PLC ("Melrose" or "the Company") announces it has reached agreement with the administrative board of Elster Group SE ("Elster") on the terms of a recommended proposal for Melrose to acquire Elster for $20.50 per Elster American Depositary Share ("ADS") (or $82 per Elster ordinary share) by means of an all-cash U.S. tender offer (the "Tender Offer") for the entire issued and outstanding share capital of Elster ("the...

2012-06-28 22:20:18

ESSEN, Germany, June 29, 2012 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced that it has entered into a definitive agreement with Melrose PLC, pursuant to which a wholly-owned subsidiary of Melrose PLC would offer to acquire all outstanding American Depositary Shares of Elster (ADSs, each of which represents one-fourth of one ordinary share of Elster (Share)), for $20.50 per ADS in cash (the ADS Offer Price) and all Shares for $82.00 per Share in cash, representing an aggregate...

2012-05-04 02:22:10

ESSEN, Germany, May 4, 2012 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced results for the first quarter ended March 31, 2012. First quarter 2012 highlights include: Revenues $446.7 million, up 0.6 percent year-over-year (up 3.3 percent on a constant currency basis[1]) Adjusted EBITDA[2] $63.1 million, adjusted EBITDA margin[2] 14.1 percent Non-GAAP earnings per ADS $0.24[3] Cash flows from operating activities $50.1 million, free cash flow[4] $36.8 million Order intake...

2012-02-24 06:01:00

ESSEN, Germany, Feb. 24, 2012 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced results for the fourth quarter and full-year ended December 31, 2011. Fourth quarter and full-year 2011 highlights include: Fourth quarter revenues of $474.0 million, down 0.6 percent year-over-year (up 0.4 percent on a constant currency basis(1)) Fourth quarter adjusted EBITDA(2) of $80.3 million, adjusted EBITDA margin(2) of 16.9 percent Fourth quarter GAAP earnings per ADS from continuing...

2011-11-03 06:00:00

ESSEN, Germany, Nov. 3, 2011 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced results for the third quarter and first nine months ended September 30, 2011. Third quarter 2011 highlights include: Third quarter revenues of $464.4 million, up 2.9 percent year-over-year (down 2.6 percent on a constant currency basis(1)) Third quarter adjusted EBITDA(2) of $67.6 million, adjusted EBITDA margin(2) of 14.6 percent Third quarter GAAP earnings per ADS from continuing operations of...

2011-07-29 06:00:00

ESSEN, Germany, July 29, 2011 /PRNewswire/ -- Elster Group SE (NYSE: ELT) today announced results for the second quarter and six months ended June 30, 2011. Second quarter 2011 highlights include: Second quarter revenues of $486.7 million, up 12.4 percent year-over-year (up 3.5 percent on a constant currency basis[1]) Second quarter adjusted EBITDA[2] of $70.0 million, adjusted EBITDA margin[2] of 14.4 percent Second quarter GAAP earnings per ADS of $0.13, including a one-time, non-cash...