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Midea Group Co Ltd (000333.SZ)

000333.SZ on Shenzhen Stock Exchange

39.13CNY
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Kuka Q2 order intake up 13%, new orders received‍​
Wednesday, 2 Aug 2017 01:15am EDT 

Aug 2 (Reuters) - KUKA AG ::ORDER INTAKE IN Q2 / 17 REACHED RECORD LEVELS AND INCREASED BY 12.8% TO € 1,007.5 MILLION (Q2 / 16: € 893.4 MILLION)‍​.Q2 REVENUES ROSE BY 43.1% TO RECORD LEVELS OF € 1,007.7 MILLION (Q2 / 16: € 704.1 MILLION)‍​.PROFIT AFTER TAX IS € 33.6 MILLION IN Q2 AFTER € 9.5 MILLION YEAR AGO‍​.GUIDANCE 2017 INCREASED: SALES REVENUES OF AROUND € 3.3 BILLION AND EBIT MARGIN OF MORE THAN 5.5%.SUPPLIES BATTERY PRODUCTION SYSTEM FOR ELECTRIC VEHICLES.ORDER VALUE FOR BATTERY PRODUCTION SYSTEM IN THE MID-DOUBLE-DIGIT MILLION EURO RANGE AND WAS BOOKED IN THE SECOND QUARTER OF 2017‍​.START OF PRODUCTION FOR BATTERY PRODUCTION SYSTEM FOR ELECTRIC VEHICLES IS PLANNED FOR MID-2019.RECEIVES A LARGE ORDER FROM DM DRUGSTORE, ORDER VOLUME OF ABOUT 100 MILLION EUROS.  Full Article

Shenzhen exchange disclosure shows block trade of Midea shares involving 344.4 mln yuan
Tuesday, 25 Jul 2017 08:15am EDT 

July 25 (Reuters) - Midea Group Co Ltd <000333.SZ>:Shenzhen Stock Exchange disclosure shows block trade of Midea Group's <<<000333.SZ>>> 7.9 million shares involving 344.4 million yuan ($51.03 million) on July 25.  Full Article

Midea Group to pay A shares annual div for FY 2016 on May 10
Wednesday, 3 May 2017 02:31am EDT 

May 3 (Reuters) - Midea Group Co Ltd <000333.SZ> ::* Says it will pay cash dividend of 1 yuan(before tax)/share for 2016 to shareholders of record on May 9.* The company's shares will be traded ex-right and ex-dividend on May 10 and the dividend will be paid on May 10 .  Full Article

Midea Group's Q1 net profit up 11.4 pct y/y
Friday, 28 Apr 2017 08:35am EDT 

April 28 (Reuters) - Midea Group Co Ltd <000333.SZ>:Says Q1 net profit up 11.4 percent y/y.  Full Article

Kuka receives new order in systems division, confirms 2017 guidance
Thursday, 27 Apr 2017 01:22am EDT 

April 27 (Reuters) - Kuka AG ::Systems division received a new order from a European premium automotive manufacturer with a total volume of around 90 million euros ($98.15 million). Order intake was booked in the first quarter of 2017.Order intake rises by almost 30 pct and reaches 967.3 million euros in Q1 (Q1 2016: 746.5 million euros).Q1 sales revenues rose by almost 26 pct to 790.8 million euros (Q1 2016: 629.1 million euros).Guidance 2017 confirmed: sales around 3.1 billion euros and EBIT margin of more than 5.5 pct before the purchase price allocation for Swisslog and before growth investments.Q1 profit after tax increases by around 27 pct to 26.6 million euros.  Full Article

Appliances maker Midea Group's 2016 net profit up 15.6 pct
Thursday, 30 Mar 2017 09:04am EDT 

Midea Group Co Ltd <000333.SZ> :Says 2016 net profit up 15.6 percent y/y.  Full Article

Kuka wins major automotive order, proposes dividend of 0.50 euros/shr
Wednesday, 22 Mar 2017 02:15am EDT 

Kuka Ag : Kuka wins major automotive order . Robotics division has received a major new order in the double-digit million euro range from a German premium car manufacturer . Framework agreement with the Daimler AG encompasses the supply of multiple industrial robots of the KR Quantec generation and the integrated KRC4 controller, as well as robots from the KR Fortec heavy-duty series . Deliveries will commence in 2018 . Sales revenues of Kuka Group reached a value of 2,948.9 million euros ($3.19 billion) in 2016 and were thus at almost the same level as the previous year, when they amounted to 2,965.9 million euros . FY earnings before interest and taxes (EBIT) of 166.0 million euros (2015: 194.3 million euros) . Order backlog of 2.0 billion euros (+25.0 pct) at year-end, ensuring a high level of capacity utilization in 2017 . Dividend recommendation 0.50 euros per share . Anticipates high demand in fiscal 2017, particularly from china and north america . Is anticipating sales revenues of around 3.1 billion euros in fiscal 2017 .Expects to achieve 2017 EBIT margin of more than 5.5 pct before purchase price allocation for Swisslog and also before growth investments amounting to 5 / 8 about 45 million euros.  Full Article

Midea Group interested in investing in Toshiba's semiconductor unit - Nikkei
Tuesday, 7 Mar 2017 05:44pm EST 

Nikkei :Midea Group is interested in investing in Toshiba's semiconductor unit - Nikkei.  Full Article

Midea Group's H1 net profit up 14.1 pct
Tuesday, 30 Aug 2016 06:00am EDT 

Midea Group Co Ltd <000333.SZ> :Says H1 net profit up 14.1 percent y/y.  Full Article

Midea Group's acquisition proposal gets U.S. approval
Tuesday, 30 Aug 2016 04:10am EDT 

Midea Group <000333.SZ> :Says its acquisition proposal gets U.S. authorities' approval, deal pending approvals from EU, Russia, Brazil, Mexico.  Full Article

BRIEF-Midea Group's Q1 net profit up 11.4 pct y/y

April 28 Midea Group Co Ltd * Says Q1 net profit up 11.4 percent y/y Source text in Chinese: http://bit.ly/2pG0ZKZ Further company coverage: (Reporting by Hong Kong newsroom)