Key Developments: AF AB (AFb.ST)

AFb.ST on Stockholm Stock Exchange

23 Dec 2014
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Latest Key Developments (Source: Significant Developments)

AF wins order worth SEK 30 mln
Thursday, 18 Dec 2014 07:00pm EST 

AF AB:AF signs agreement for Vrinnevi hospital in Norrkoping S.Says order value is about 30 million Swedish crowns.  Full Article

AF AB wins three-year framework agreement with Vattenfall worth about SEK 500 mln
Thursday, 11 Dec 2014 04:30am EST 

AF AB:AF wins framework agreement as A-supplier to Vattenfall.Agreement spans 2015-2017 with an optional one year extension.Volume of this contract is estimated at about 500 million Swedish crowns over three years.  Full Article

AF AB signs new Multi- Currency Revolving Credit Facility
Tuesday, 28 Oct 2014 06:34am EDT 

AF AB:Signs a new Multi-Currency Revolving Credit Facility worth 1 billion Swedish crowns.Says the facility will be used for general corporate purposes and has a tenor of 3 years with possible extension options.  Full Article

AF AB wins an order for a new waste-to-energy plant
Thursday, 2 Oct 2014 02:50am EDT 

AF AB:Says signs consultancy agreement with Riikinvoima for a new waste-to-energy plant.Says the value of the contract for AF is about 1 million euros.  Full Article

AF receives order from Volvo Cars-Direkt
Thursday, 18 Sep 2014 02:36am EDT 

AF AB:Signs agreement with Volvo Cars regarding primarily robotics technology-Direkt.Is to develop and deliver a number of automated production lines.The project runs for 2 years.No financial details.  Full Article

AF AB wins a contract in Stockholm Bypass
Tuesday, 26 Aug 2014 07:00am EDT 

AF AB:Says wins a contract in Stockholm Bypass estimated to be worth 63 million Swedish crowns.  Full Article

AF divests Lonas Technologia for SEK 30 mln
Friday, 11 Jul 2014 04:59am EDT 

AF AB:To divest the company's 75 percent share in the Russian subsidiary Lonas Technologia (Lonas).Is divesting shares in Lonas for a total of 30 million Swedish crowns.Says the buyer is a Russian company AlmazInvest, a minority shareholder in Lonas.Says the share transfer will be completed in July.  Full Article

AF AB wins East Link Phase 1 from Swedish Transport Administration
Thursday, 12 Jun 2014 02:54am EDT 

AF AB:Says it was, together with Tyrens, designated as technical consulting company in charge of Phase 1 of the East Link project.Order value is estimated at between 100 mln 300 mln Swedish crowns.East Link is an infrastructure project based on improved communication links on a double-track high-speed railway from Linkoping to Jarna and greater Stockholm via Norrkoping, Nykoping/Skavsta, and Trosa/Vagnharad.AF is primarily tasked with handling licensing and planning of Phase 1, based on both completed feasibility study and railway study.Transport Administration's decision becomes legally binding June 22.  Full Article

AF announces further details on FY 2013 dividend and appoints Anders Narvinger as new Chairman and Ernst & Young AB as auditor
Monday, 5 May 2014 11:05am EDT 

AF AB:Approved a dividend payment of 6.50 Swedish crowns per share for the fiscal year 2013.The record day for dividend was set to May 8.Payment from Euroclear Sweden AB is expected to take place on May 13.Appoints Anders Narvinger as the new Chairman of the Board of Directors.Appoints Ernst & Young AB with Hamish Mabon as senior auditor in charge, as auditor of the company.  Full Article

AF AB issues fiscal year 2020 earnings and revenue guidance-DJ
Tuesday, 4 Mar 2014 02:30am EST 

AF AB:Expects to achieve an operating margin, EBIT, of at least 10 percent over a business cycle in 2020-DJ.Expects annual sales to reach 2 billion euros by 2020.Expects the net debt to EBITDA ratio to be within the range of 1.5-2.0 over a business cycle.  Full Article

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