Ringmetall (HP3)

Business description

Ringmetall manufactures specialist industrial packaging solutions. Its core products are drum closing systems for the chemicals, pharmaceuticals and food sectors. It is also active in industrial handling where it manufactures speciality forklift components and specialist components for trucks and industrial and agricultural vehicles.

Stock data

Market cap.€117.7m
Last close€4.25
High / Low (52 weeks)€4.3 / €3.0
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorGeneral Industrials

Price performance

%1m3m12m
Actual6.57.941.7
Relative *2.37.938.7

* % Relative to local index

Other companies in sector Show

Company news

Is Ringmetall AG's (FRA:HP3) PE Ratio A Signal To Sell For Investors?

Fri, 27 Apr 2018 16:51:56 GMT

BRIEF- Ringmetall acquires Self Industries Inc

Mon, 14 Dec 2015 10:57:18 GMT

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Mon, 19 Mar 2018 10:07:30 GMT

At CHF109, Is It Time To Buy Orell F├╝ssli Holding AG (VTX:OFN)?

Fri, 09 Mar 2018 05:48:45 GMT

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Investment summary

Ringmetall made good progress during H117, driven by strong growth in the key Industrial Packaging division. Margins are being dampened by higher input costs, while FX is reducing contributions on translation as well as pressurising export margins. The share price progression so far in 2017 suggests the market is finding the transition story increasingly credible, and is starting to rate Ringmetall more appropriately as the manufacturing entity it has become. Management is seeking to grow this further and the balance sheet remains supportive.

Last updated on 18/10/2017

Key management

Ingo Middelmenne, Investor Relations

Company address

Mannhardtstrasse 6 (4. OG)
Munich
80538
Germany
+49-89-45220980
View website