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07.11.25 - 14:51
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TITAN Group′s Credit Rating Improved to “BB+ with Positive Outlook” by S&P Global Ratings (Business Wire)
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BRUSSELS--(BUSINESS WIRE)--S&P Global Ratings has revised TITAN SA's (Brussels:TITC) outlook to 'Positive' while affirming its 'BB+' long-term credit rating. This decision reflects TITAN Group's continued robust financial performance and the effectiveness of its supportive financial policies.
S&P's report highlights the Group's resilient results driven by its strong operations. The positive outlook demonstrates S&P views that they could raise the long-term rating to 'BBB-' over the next 12-18 months, if TITAN keeps its financial leverage at the lower end of its 1.5x-2.0x target, and meets other financial metrics.
S&P's decision, along with Fitch's recent revised outlook, confirms TITAN's sustainable growth, recognizes its strong financial discipline and positive prospects.
For further information, please contact Investor Relations at +30 210 2591 257
About TITAN Group
TITAN Group is a Belgium-registered company and a leading international business in the building and infrastructure materials ...
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06.11.25 - 09:45
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TITAN Group: Nine-Month 2025 Results (Business Wire)
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BRUSSELS--(BUSINESS WIRE)--Regulatory News:
Titan SA (Euronext Brussels, ATHEX and Euronext Paris, TITC) announces the nine-month 2025 financial results.
Record nine-month EBITDA profitability and a positive outlook
Group Sales YTD increased by 1.4%, at €2,013m, thanks to the strong performance in Greece, in the US & in Egypt, driven by increased volumes and overall firm pricing levels.
Group EBITDA grew by 8.4% YTD, reaching €474m, after a strong Q3 (+19.9% YoY), driven by cost discipline and energy efficiencies. Net profit YTD at €223m (-0.8% YoY), adjusted for €51.9m one-off loss related to the sale of Adocim in Q2.
Liquidity position remains solid with net debt at €302m, bolstered by the proceeds from the IPO of Titan America and Adocim's divestment. Leverage ratio remains low at 0.5x EBITDA, notwithstanding the €3/share dividend paid in July. Improved credit rating by Fitch, to “BB+ with positive outlook”.
Group CapEx remains elevated at €185 million YTD, reflecting continued inves...
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29.10.25 - 21:21
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Titan America Declares Fourth-Quarter 2025 Distribution of Issue Premium Payment (Business Wire)
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NORFOLK, Virigina--(BUSINESS WIRE)--Titan America SA (NYSE: TTAM) (“Titan America”) today announced that its Board of Directors has declared a distribution of $0.04 per common share for the fourth quarter of 2025 out of Titan America's available issue premium. The distribution of $0.04 per common share will be payable on December 29, 2025, to shareholders of record as of December 17, 2025.
Future declarations of distributions of issue premium or dividends (out of shareholder approved allocations or otherwise) will be made at the discretion of the Board of Directors and will be based on Titan America's available issue premium, earnings, financial condition, cash requirements, future prospects, and other factors. Titan America's ability to declare a quarterly dividend or distribution out of available issue premium is subject to shareholder approval with limited exception.
About Titan America SA
Titan America is a leading vertically-integrated producer of cement and building materials in the high-grow...
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09.09.25 - 17:33
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DEME launches liquidity program (GlobeNewswire EN)
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DEME Group NV today announced the launch of a liquidity program designed to enhance the trading liquidity of its shares, reduce volatility, and improve overall market access and flexibility. The program will be managed by KBC Securities, acting as independent intermediary, and will be conducted in compliance with all applicable rules and regulations....
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31.07.25 - 09:54
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Titan SA: First Half 2025 Results (Business Wire)
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Increasing profitability levels supported by solid sales performanceBRUSSELS--(BUSINESS WIRE)--Regulatory News:
Titan SA (Euronext Brussels, Euronext Paris and ATHEX, “TITC”) announces the second quarter and half year 2025 results.
H1 2025 Highlights
H1 2025 sales reached €1,328.6m, up 0.4% YoY, supported by strong performance in the US, Greece and Egypt, thanks to overall sustained volumes and pricing, despite headwinds due to adverse weather in the US and in Southeast Europe.
EBITDA grew by 2.0% YoY to €286.9m, with margin resilience attributed to cost performance and operational efficiencies. NPAT reached €68.4m, after recording a one-off scope change (€51.9m) due to the sale of cement operations in Eastern Türkiye (Adocim), increased income attributable to minority shareholders of Titan America S.A. (€10.1m), as well as higher depreciation costs and incremental taxes.
Q2 2025 sales reached €690.2m, while EBITDA was €164.3m, impacted by the timing difference of maintenance stoppage i...
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29.07.25 - 22:33
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Titan America Declares Third-Quarter 2025 Distribution of Issue Premium Payment (Business Wire)
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NORFOLK, Va.--(BUSINESS WIRE)--Titan America SA (NYSE: TTAM) (“Titan America”) today announced that its Board of Directors has declared a distribution of $0.04 per common share for the third quarter of 2025 out of Titan America's available issue premium. The distribution of $0.04 will be payable on October 15, 2025, to shareholders of record as of October 3, 2025.
Future declarations of distributions of issue premium or dividends (out of shareholder approved allocations or otherwise) will be made at the discretion of the Board of Directors and will be based on Titan America's available issue premium, earnings, financial condition, cash requirements, future prospects, and other factors. Titan America's ability to declare a quarterly dividend or distribution out of available issue premium is subject to shareholder approval with limited exception.
About Titan America SA
Titan America is a leading vertically-integrated producer of cement and building materials in the high-growth economic mega-regions o...
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29.07.25 - 22:21
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Titan America Announces Second Quarter 2025 Results (Business Wire)
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- Effectively Navigated Year-over-Year Weather Impacts and a Softer Residential Market -
- 2025 Guidance Reaffirmed -NORFOLK, Va.--(BUSINESS WIRE)--Titan America SA (NYSE: TTAM), a leading fully-integrated producer and supplier of building materials, services and solutions in the construction industry operating along the U.S. East Coast, today announced its second quarter 2025 financial results. Titan America SA, including its wholly-owned operating subsidiary, Titan America LLC, shall be referred to herein as "Titan America."
Second-Quarter 2025 Highlights
Revenue of $429.2 million, compared to $433.1 million in Q2 2024
Net Income of $51.1 million, compared to $60.3 million in Q2 2024
Earnings per share of $0.28, compared to $0.34 in Q2 2024
Adjusted EBITDA(1) of $99.5 million, compared to $116.8 million in Q2 2024
"We delivered resilient financial performance in the second quarter, demonstrating the strength of our vertically integrated business model in the face of uncertain economic con...
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15.07.25 - 22:21
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Titan America to Announce Q2 2025 Financial Results on July 29 (Business Wire)
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NORFOLK, Va.--(BUSINESS WIRE)--Titan America SA (“Titan America”) (NYSE: TTAM), a leading vertically-integrated producer of cement and building materials with operations across the U.S. East Coast, is scheduled to announce its second quarter 2025 financial results on Tuesday, July 29, 2025, after the New York Stock Exchange closes. Titan America will host a call to discuss its financial results at 5:00 p.m. ET the same day.
The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of Titan America's website at https://www.titanamerica.com/. For those who are unable to listen to the live broadcast, an audio replay of the conference call will be available on the Titan America website for 30 days.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or...
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08.05.25 - 11:39
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TITAN Group: Trading Update - First Quarter 2025 (Business Wire)
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Solid quarter with growth in Sales and operating Profitability
BRUSSELS--(BUSINESS WIRE)--Regulatory News:
Titan SA (Euronext Brussels, Euronext Paris and ATHEX, “TITC”) announces the first quarter 2025 summary financial results.
First quarter 2025 Highlights
A positive start to the year with sales up by 2.4% at €638.4m, thanks to firm pricing, sustained volumes in cement and growth in volumes in other core products, despite the adverse weather impacting the US and Southeast Europe markets.
Strong EBITDA growth of 11.7%, reaching €122.6m, thanks to sustained performance in the US, Greece and Egypt markets, and as a result of investments delivering operational efficiencies.
Profit before taxes grew by +2.9%, to €66.6m, while NPAT attributable to shareholders declined as a result of €4.2m income attributable to minority shareholders of Titan America S.A. and €7m of incremental tax costs.
Debt leverage at low 0.5x EBITDA, further strengthened by the US IPO cash proceeds.
IPO of Titan America S....
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06.05.25 - 22:21
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Titan America Declares First-Quarter and Second-Quarter 2025 Distribution of Issue Premium Payment (Business Wire)
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NORFOLK, Va.--(BUSINESS WIRE)--Titan America SA (NYSE: TTAM) (“Titan America”) today announced that its Board of Directors has declared a distribution of $0.04 per common share for each of the first quarter and second quarter of 2025 out of Titan America's available issue premium. The total distribution of $0.08 will be payable on June 25, 2025, to shareholders of record as of June 4, 2025.
Future declarations of distributions of issue premium or dividends (out of shareholder approved allocations or otherwise) will be made at the discretion of the Board of Directors and will be based on Titan America's available issue premium, earnings, financial condition, cash requirements, future prospects, and other factors. Titan America's ability to declare a quarterly dividend or distribution out of available issue premium is subject to shareholder approval with limited exception.
About Titan America SA
Titan America is a leading vertically-integrated producer of cement and building materials in the high-gro...
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