Edition:
United States

Addnode Group AB (publ) (ANODb.ST)

ANODb.ST on Stockholm Stock Exchange

74.00SEK
18 Aug 2017
Change (% chg)

-2.25kr (-2.95%)
Prev Close
76.25kr
Open
76.25kr
Day's High
76.25kr
Day's Low
74.00kr
Volume
2,878
Avg. Vol
90,218
52-wk High
85.50kr
52-wk Low
53.00kr

Latest Key Developments (Source: Significant Developments)

Addnode Group acquires Intrinsys
Tuesday, 1 Aug 2017 09:00am EDT 

Aug 1 (Reuters) - ADDNODE ::ADDNODE GROUP ACQUIRES INTRINSYS, A UK LEADING PROVIDER OF PLM SOFTWARE AND SERVICES.ADDNODE - INITIAL PURCHASE PRICE FOR ALL SHARES IN INTRINSYS AMOUNTS TO SEK 119 MILLION, SUBJECT TO AN ADJUSTMENT BASED ON ACTUAL LEVEL OF NET CASH AND NET WORKING CAPITAL IN INTRINSYS AT JULY 31, 2017.IN ADDITION A CAPPED CONDITIONAL PURCHASE PRICE OF SEK 43 MILLION IS PAYABLE IF CERTAIN TARGETS ARE ACHIEVED LINKED TO INTRINSYS OPERATING PROFIT DURING 2017 AND 2018.TRANSACTION WAS NOT SUBJECT TO ANY CONDITIONS FOR COMPLETION TO OCCUR.ACQUISITION IS FINANCED THROUGH ADDNODE GROUP'S EXISTING CREDIT FACILITIES.ACQUISITION IS EXPECTED TO HAVE A POSITIVE IMPACT ON ADDNODE GROUP'S EARNINGS PER SHARE.  Full Article

Addnode Group acquires Service Works Group
Monday, 31 Jul 2017 12:30pm EDT 

July 31 (Reuters) - Addnode ::Addnode Group acquires international software company Service Works Group.Addnode says initial purchase price for all shares in SWG amounts to sek 132 million.Addnode says in addition, a capped conditional purchase price of sek 62 million is payable if certain targets are achieved linked to SWG's operating profit.Acquisition is financed through Addnode Group's existing credit facilities.Acquisition is expected to have a positive impact on addnode group’s earnings per share.  Full Article

Addnode Group acquires software company Canella
Thursday, 18 May 2017 02:30am EDT 

May 18 (Reuters) - ADDNODE :ADDNODE GROUP ACQUIRES SOFTWARE COMPANY CANELLA AND STRENGTHENS ITS POSITION IN WELFARE AND PHARMACY SOLUTIONS.ADDNODE GROUP HAS ACQUIRED SWEDISH SOFTWARE COMPANY CANELLA, WHICH DEVELOPS SOLUTIONS FOR NORDIC PHARMACY AND WELFARE MARKET.COMPLETION WILL TAKE PLACE ON JUNE 1, 2017 AND CANELLA WILL BE PART OF ADDNODE GROUP'S PROCESS MANAGEMENT BUSINESS AREA..N CONNECTION WITH ACQUISITION, ADDNODE GROUP'S NORWEGIAN SUBSIDIARY PHARMASOLUTIONS AS WILL ALSO CHANGE ITS NAME TO CANELLA AS..  Full Article

Vidinova cuts stake to 6.07 pct in Addnode
Friday, 5 May 2017 09:18am EDT 

May 5 (Reuters) - ADDNODE GROUP AB :VIDINOVA AB CUTS STAKE TO 1.8 MILLION SHARES CORRESPONDING TO 6.07% IN ADDNODE - FINANSINSPEKTIONEN.  Full Article

ODIN Forvaltning raises stake to 8.54 pct in Addnode
Friday, 5 May 2017 05:51am EDT 

May 5 (Reuters) - FINANSINSPEKTIONEN::ODIN FORVALTNING BUYS 2.6 MILLION SHARES CORRESPONDING TO 8.54 PERCENT IN ADDNODE - FINANSINSPEKTIONEN.  Full Article

Addnode Group's major shareholders sell 7 mln B shares to institutional investors
Friday, 5 May 2017 03:04am EDT 

May 5 (Reuters) - ADDNODE GROUP AB (PUBL) ::ADDNODE GROUP'S MAJOR SHAREHOLDERS SELL 7 075 000 B SHARES TO INSTITUTIONAL INVESTORS.THE SALE WAS CONDUCTED THROUGH A SO-CALLED ACCELERATED BOOK-BUILDING PROCESS AT A PRICE EQUIVALENT TO SEK 76 PER SHARE..SALE TO INCREASE THE LIQUIDITY OF THE ADDNODE GROUP SHARE AND THE AVAILABLE NUMBER OF SHARES IN THE MARKET .  Full Article

Addnode Q1 net sales rise to SEK 620.7 million
Thursday, 27 Apr 2017 02:30am EDT 

April 27 (Reuters) - ADDNODE GROUP AB (PUBL) :Q1 NET SALES SEK 620.7 MILLION VERSUS SEK 540.8 MILLION YEAR AGO.Q1 EBITA SEK 53.6 MILLION VERSUS SEK 30.6 MILLION YEAR AGO.  Full Article

Addnode Group appoints Helena Nathhorst new CFO
Tuesday, 28 Mar 2017 02:30am EDT 

ADDNODE GROUP AB (PUBL) : HELENA NATHHORST NEW CFO OF ADDNODE GROUP . HELENA NATHHORST HAS BEEN APPOINTED NEW CFO OF ADDNODE GROUP AB AND WILL TAKE OFFICE BY 27 SEPTEMBER 2017 LATEST . HELENA NATHHORST IS FOR PAST THREE YEARS CFO OF TERACOM GROUP .ADDNODE GROUP'S CURRENT CFO JOHAN ANDERSSON WILL TAKE OVER AS PRESIDENT AND CEO OF ADDNODE GROUP MAY 4, 2017.  Full Article

Addnode Group: TechniaTranscat buys Dutch company infostrait
Friday, 24 Mar 2017 08:00am EDT 

Addnode : Addnode Group continues European expansion and acquires Dutch company infostrait . Addnode Group's TechniaTranscat, knowledge company in PLM, acquired infostrait, Dutch PLM and BIM specialist with net sales of 25 million Swedish crowns ($2.8 million) .Acquisition has no conditions and completion is expected on April 3, 2017.  Full Article

Addnode Q4 EBITA down at SEK 63.4 million
Tuesday, 7 Feb 2017 02:48am EST 

Addnode Group AB (publ) : Q4 net sales 658.7 million Swedish crowns ($74.3 million) versus 614.4 million crowns year ago .Q4 EBITA 63.4 million crowns versus 69.5 million crowns year ago.  Full Article

BRIEF-Addnode Group acquires Intrinsys

* ADDNODE GROUP ACQUIRES INTRINSYS, A UK LEADING PROVIDER OF PLM SOFTWARE AND SERVICES