Ambu A/S (AMBUb.CO) Key Developments | Reuters.com
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Ambu A/S (AMBUb.CO)

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Latest Key Developments (Source: Significant Developments)

NNIT signs new client in life sciences segment
Wednesday, 29 Jun 2016 04:00am EDT 

Nnit A/S : Signs new client in life sciences segment .Signed a five-year, medium-size double-digit million Danish crown agreement with Ambu on outsourcing company's IT infrastructure to NNIT.  Full Article

Ambu acquires patented single-use airway tubes with integrated camera
Tuesday, 21 Jun 2016 08:00pm EDT 

Ambu A/S : Ambu has signed a conditional agreement to acquire Israeli-based ETView Medical Ltd . The acquisition price is $16.0 million on a debt and cash free basis . The acquisition price will be financed out of Ambu’s existing credit lines, and it is planned to have ETView de-listed from the Tel Aviv stock exchange subsequent to completion .The transaction will have minimal impact on Ambu’s current financial guidance, and financing of the acquisition price can be contained within the current guidance of a gearing by end of Ambu’s financial year 2015/16 at 2.0 x EBITDA.  Full Article

Ambu A/S concludes share buyback programme
Tuesday, 19 Apr 2016 09:38am EDT 

Ambu A/S:The share buyback programme is concluded having bought shares at a price of 175 million Danish crowns in total since Nov. 11, 2015.  Full Article

Ambu A/S acquires patents for $9 million
Thursday, 7 Apr 2016 02:30am EDT 

Ambu A/S:Acquires patents that support about 300 million Danish crowns of Ambu’s existing revenue.Investment is in line with current strategy plan, and financial outlook for 2015/16 is not impacted.Agreement gives Ambu ownership of important patents within the circuit product portfolio which in total generates an annual revenue of more than $45 million, mainly in USA.Purchase price of $9 million will be reported in the cash flow statement as “Acquisitions of companies and technology etc.” in interim report for Q2 2015/16.  Full Article

Ambu outlook for 2015/16‍​ unchanged
Friday, 29 Jan 2016 02:29am EST 

Ambu A/S:Outlook for 2015/16‍​ unchanged.  Full Article

Ambu renews three-year contract in US
Wednesday, 6 Jan 2016 07:00pm EST 

Ambu A/S:Renews three-year contract in US.Agreement means Ambu is sole supplier to Health Trust of products covered by the contract.New contract is effective as of Feb. 1, 2016​.  Full Article

Ambu initiates share buyback programme
Wednesday, 11 Nov 2015 04:42am EST 

Ambu A/S:Ambu has decided to purchase treasury shares in the amount of 175 million Danish crowns ($25.2 million) under two parallel share buyback programmes.The share buyback programmes are to cover existing and future share-based incentive schemes and are initiated on Nov. 11, 2015, ending on April 30, 2016 at the latest.Of the total buyback, 60 million crowns will be purchased in accordance with the provisions of European Commission Regulation, while the remainder, 115 million crowns, will be purchased in the course of the period, but outside.  Full Article

Ambu A/S announces guidance for FY 2015/16
Wednesday, 11 Nov 2015 02:30am EST 

Ambu A/S:For 2015/16, the outlook is an organic growth of about 7-9 percent, an EBIT margin of about 14-15 percent and free cash flows in the range of 150 million-175 million crowns.  Full Article

Ambu and Coloplast partner on product for urology market
Friday, 2 Oct 2015 06:43am EDT 

Ambu A/S:Announces partnership with Coloplast on visualization product for the urology market.Product is based on Ambu's videoscope technology, produced at Ambu's manufacturing site in Malaysia, and will be sold exclusively by Coloplast as of December.Says collaboration is not expected to contribute significantly to top and bottom line in fiscal year 2015/16.  Full Article

Ambu and Tri-anim in US distribution partnership
Thursday, 24 Sep 2015 06:15am EDT 

Ambu A/S:Ambu and Tri-anim in US distribution partnership.Partnership begins Oct. 1 and gives Tri-anim rights to sell four categories of Ambu products.  Full Article

BRIEF-Ambu acquires patented single-use airway tubes with integrated camera

* Ambu has signed a conditional agreement to acquire Israeli-based ETView Medical Ltd