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Addtech AB (ADDTb.ST)

ADDTb.ST on Stockholm Stock Exchange

143.00SEK
24 Feb 2017
Change (% chg)

-4.00kr (-2.72%)
Prev Close
147.00kr
Open
147.00kr
Day's High
147.25kr
Day's Low
142.75kr
Volume
23,870
Avg. Vol
44,464
52-wk High
157.00kr
52-wk Low
95.25kr

Latest Key Developments (Source: Significant Developments)

Addtech Q3 net sales up by 16 percent to SEK 1.82 bln
Thursday, 2 Feb 2017 05:32am EST 

Addtech AB : Q3 net sales increased by 16 percent and amounted to 1.82 billion Swedish crowns ($210 million) (1.57 billion crowns year ago) .Q3 operating profit increased by 45 percent and amounted to 132 million crowns.  Full Article

Addtech buys Sensor Control Nordic and Sensor ECS
Thursday, 15 Dec 2016 07:25am EST 

Addtech AB :Addtech acquires Sensor Control Nordic AB and Sensor ECS AB.  Full Article

Addtech Q2 net sales up 12 pct at 1.66 billion Swedish crowns
Thursday, 27 Oct 2016 02:00am EDT 

Addtech Ab : Q2 net sales 1.66 billion Swedish crowns ($186.27 million) (Reuters poll 1.69 billion crowns) .Q2 operating profit 156 million crowns (Reuters poll 145 million crowns).  Full Article

Addtech Q1 operating profit up 40 pct to SEK 153 million
Friday, 15 Jul 2016 07:06am EDT 

Addtech AB : Q1 operating profit rose 40 percent to 153 million Swedish crowns ($18 million) .Q1 net sales amounted to 1.76 billion crowns, up by 20 percent.  Full Article

Addtech Q4 operating profit stable at SEK 117 million
Thursday, 12 May 2016 06:30am EDT 

Addtech AB : Q4 operating profit 117 million Swedish crowns ($14.35 million)versus 118 million crowns year ago . Q4 net sales 1.63 billion crowns versus 1.54 billion crowns year ago .Proposes a dividend of 3.25 crowns per share (3.25)..  Full Article

Addtech buys Poryan China Company
Friday, 18 Mar 2016 09:30am EDT 

Addtech AB:Addtech Power Solutions, a business area in the Addtech Group, has signed agreement to acquire 75 pct of shares outstanding in Poryan China Company Ltd.Poryan has 22 employees and sales of around 50 million Swedish crowns.Closing is estimated to take effect in the beginning of April 2016.Aacquisition is estimated to have a marginally positive effect on Addtech's earnings per share during the coming financial year.  Full Article

Addtech AB buys Sammet Dampers Oy
Friday, 11 Mar 2016 05:00am EST 

Addtech AB:Addtech Industrial Process, a business area in the Addtech Group, has signed an agreement to acquire 100 percent of the shares outstanding in Sammet Dampers Oy​, an industrial company ‍.Sammet Dampers has 12 employees and sales of around 5 million euros ​.Closing is estimated to take effect in the beginning of April 2016.Acquisition will have a positive effect on company results.  Full Article

Addtech AB: distribution and listing of AddLife on Nasdaq Stockholm
Tuesday, 16 Feb 2016 09:00am EST 

Addtech AB:Distribution and listing of AddLife on Nasdaq Stockholm.‍Nasdaq Stockholm has decided to admit AddLife's class B shares to trading, subject to customary conditions​.‍First day of trading in Addlife shares of class B is expected to be March 16, 2016​.In connection with distribution and listing, AddLife will conduct a rights issue of about 300 million Swedish crowns with preferential rights for existing shareholders.  Full Article

Addtech says preparations for listing of AddLife progress according to plan
Tuesday, 9 Feb 2016 06:00am EST 

Addtech AB:Says preparations for separate listing of AddLife AB are progressing according to plan.AddLife is planning rights issue to existing shareholders in conjunction with the listing.AddLife rights issue is expected to raise about 300 million crowns for AddLife with full subscription.  Full Article

Goodtech to sell shares in Goodtech Products to Addtech Nordic‍​
Wednesday, 27 Jan 2016 05:46am EST 

Goodtech ASA:To sell all shares in Goodtech Products to Addtech Nordic AB.Purchase price for all shares in Goodtech Products is agreed to about 28 million Norwegian crowns, taking into account adjustments for net debt.  Full Article

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