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Addtech AB (ADDTb.ST)

ADDTb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Addtech acquires Craig & Derricott Holdings Ltd
Thursday, 6 Apr 2017 08:15am EDT 

ADDTECH AB : ADDTECH ACQUIRES CRAIG & DERRICOTT HOLDINGS LTD . ADDTECH POWER SOLUTIONS, A BUSINESS AREA IN ADDTECH GROUP, HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE 100 % OF SHARES OUTSTANDING IN CRAIG & DERRICOTT HOLDINGS LTD .CLOSING IS ESTIMATED TO TAKE EFFECT TODAY AND TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.  Full Article

Addtech acquires Dovitech A/S
Monday, 20 Mar 2017 10:10am EDT 

Addtech Ab : Says acquires Dovitech A/S . Addtech Components, business area in Addtech Group, has signed agreement to buy all shares outstanding in Dovitech .Closing is estimated to take effect in beginning of April 2017.  Full Article

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

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