Key Developments: AF AB (AFb.ST)

AFb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

AF AB says wins order from Volvo Cars
Tuesday, 24 Nov 2015 02:31am EST 

AF AB:Says wins order from Volvo Cars.Says project involves development and delivery of a number of highly automated production lines for Volvo Car corporation.Says order relates primarily to robotic process automation.  Full Article

AF AB and Reinertsen in discussions regarding merger of infrastructure operations
Friday, 6 Nov 2015 02:30am EST 

AF AB:AF and Reinertsen in discussions regarding a merger of infrastructure operations.Says involved operations have about 350 employees and a combined turnover of about 450 million Norwegian crowns.Says discussions also include AF acquiring Reinertsen's swedish business within infrastructure, including building installations, with about 185 employees and a turnover of about 200 million Swedish crowns.  Full Article

AF AB says wins defence order worth SEK 61 mln
Friday, 16 Oct 2015 02:30am EDT 

AF AB:Says strengthens position as defence technology partner.Says has signed a contract with Swedish defence materiel administration (FMV).Says contract is for four years, including extensions, and has an estimated order value of 61 million Swedish crowns.Says including extensions, order value is projected to rise to 123 million crowns over course of contract.Says will provide know-how and project planning from needs analysis and system descriptions to construction management and systems security.  Full Article

AF AB wins safety assignments at Oskarshamn nuclear plant
Friday, 25 Sep 2015 02:33am EDT 

AF AB:Says wins extensive assignment from OKG.Says has won two new safety assignments at Oskarshamn nuclear power station.Says first assignment will involve AF working with OKG to conduct a primary safety review of reactor O3.Says assignments will total about 40,000 hours in 2015 and 2016.  Full Article

AF AB says wins SEK 35 mln hospital contract
Friday, 10 Jul 2015 02:30am EDT 

AF AB:Wins hospital contract in Malmo, Sweden.Says order is valued at 35 million Swedish crowns.  Full Article

AF AB says to buy infrastructure planning firm EQC
Tuesday, 2 Jun 2015 02:30am EDT 

AF AB:Acquires fast-growing company within infrastructure planning.Says EQC has enjoyed growth since its establishment in Jan. 2011, and company's sales in 2014 totalled about 180 million Swedish crowns, with healthy profitability.EQC has just over 180 employees in 14 locations in Sweden and Norway.  Full Article

AF AB gives 2015 guidance about various markets
Wednesday, 29 Apr 2015 02:00am EDT 

AF AB:Says 2015 market conditions are considered to be somewhat stronger than at year-end, as confirmed by a generally strong finish to quarter.Says 2015 infrastructure market is expected to remain strong while industrial market is showing signs of improvement.Says 2015 energy market continues to be influenced by low levels of investment in europe, with a more encouraging outlook in asian and south american markets.  Full Article

AF AB wins $1.48 mln contract for African power project
Wednesday, 15 Apr 2015 08:50am EDT 

AF AB:AF chosen for major power project in Kenya, Uganda and Rwanda.Says contract value is about $1.48 million.  Full Article

AF AB wins two new contracts worth SEK 37 mln
Monday, 23 Mar 2015 04:33am EDT 

AF AB:Says wins two new contracts from Swedish Transport Administration.Orders have a combined value of 37 million Swedish crowns.Contracts relate to project planning for the E14 motorway between Sundsvall and Stöde, and project planning of a triangular junction in Maland and improvements to the Tunadal railway line.  Full Article

AF AB acquires Food & Pharma company PRC
Tuesday, 24 Feb 2015 02:30am EST 

AF AB:Says has acquired PRC Engineering and becomes an even stronger supplier to Food & Pharma industry.Says company's sales for FY 2014 amounted to about 260 million Swedish crowns with good profit levels.About 230 engineers in ten locations in Sweden serve customers with design, efficiency enhancement and automation of manufacturing and production sites.PRC will form part of the division Industry within AF, headed by Per Magnusson.A new business area will be created with focus on delivery of turnkey projects and professional services to customers within Food & Pharma.  Full Article

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