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BE Group AB (publ) (BEGR.ST)

BEGR.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BE Group swings to small Q4 operating profit
Friday, 3 Feb 2017 01:45am EST 

BE Group : Net sales decreased by 3 percent, to SEK 953 M (981). . The operating result improved to SEK 4 M (-17). . Says in our main markets we believe in a somewhat growing market in 2017 . Says current trade barriers, as well as anticipated future ones, make market more regional, which should lead to a more stable price development. .Says we are continuing to work according to plan and market conditions are, after several years of negative growth, now brighter.  Full Article

Daniel Faldt new CFO
Thursday, 22 Dec 2016 03:00am EST 

BE Group says:Says Daniel Faldt, has been appointed new CFO and member of group management..  Full Article

BE Group Q2 operating profit increases to SEK 31 mln
Wednesday, 20 Jul 2016 01:45am EDT 

BE Group Q2 2016 : BE Group Q2 operating result improved to SEK 31 m (10) . Q2 underlying operating result improved to SEK 21 M (12) . BE Group Q2 net sales decreased by 5 percent to SEK 1,047 m (1,104) . Says steel prices are expected to continue to increase slightly in Q3 .Says demand is expected to remain at current level in Q3, accounting for vacation effects in July and August.  Full Article

BE Group publ AB to change structure and organization
Tuesday, 5 Apr 2016 02:15am EDT 

BE Group publ AB:Says makes changes in structure and organization.Says the Group's result will be reported according to the new segments from Q2 of 2016.Says among changes, business area Other Units will disappear.  Full Article

BE Group closes businesses in Czech Republic and Slovakia
Wednesday, 30 Mar 2016 01:45am EDT 

BE Group publ AB:Says closes loss-makers in Czech Republic and Slovakia.Says the market in Czech Republic and Slovakia has for a number of years developed negatively and the companies have continued to be lossmaking despite several measures taken to reach profitability.The turnover in these markets were 382 million Swedish crowns during 2015 and the operating result amounted to loss of 32 million crowns.Says against this background and the prevailing weak market outlook BE Group has decided to close down the business in Slovakia and stop selling flat carbon steel and aluminum on the Czech market.Says one-time cost is estimated at 45 million crowns of which 10 million crowns affects cash-flow.Says the cost will impact the current year result.An updated assessment will be given when the result for Q1 is published.  Full Article

BE Group's SEK 260 mln rights issue oversubscribed
Tuesday, 9 Jun 2015 08:00am EDT 

BE Group publ AB:Says rights issue of 260 million Swedish crowns oversubscribed.Says receives 259.7 million crowns before deduction of transaction costs.  Full Article

BE Group sets subscription price in rights issue at 1.40 SEK/share
Wednesday, 6 May 2015 02:30am EDT 

BE Group publ AB:The board of BE Group resolves on terms for the rights issue.Says subscription price is SEK 1.40 per share which represents a total rights issue proceeds of MSEK 259.7 before costs related to transaction.Shareholders in BE Group will have preferential right to subscribe for 5 new shares for every existing 2 shares, i.e. subscription ratio 5:2.  Full Article

BE Group names Anders Martinsson new president and CEO
Tuesday, 7 Apr 2015 03:00am EDT 

BE Group publ AB:Says Anders Martinsson to be new president and CEO of the company.Says Martinsson will assume the position no later than Sept. 28.Anders Martinsson has since 2008 worked in the Wilo Group, where he is responsible for the operations in the Nordic and Baltic countries as well as President of Wilo Nordic in Vaxjo.  Full Article

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