Edition:
United States

Cavotec SA (CVTEC.ST)

CVTEC.ST on Stockholm Stock Exchange

30.90SEK
24 May 2017
Change (% chg)

0.40kr (+1.31%)
Prev Close
30.50kr
Open
30.50kr
Day's High
30.90kr
Day's Low
29.60kr
Volume
113,838
Avg. Vol
88,835
52-wk High
30.90kr
52-wk Low
20.00kr

Latest Key Developments (Source: Significant Developments)

Cavotec Q1 EBIT loss turns to profit at EUR 3.5 million
Wednesday, 3 May 2017 06:00am EDT 

May 3 (Reuters) - CAVOTEC SA :Q1 ORDER INTAKE EUR 62.0 MILLION VERSUS EUR 56.6 MILLION YEAR AGO.Q1 REVENUE EUR 53.2 MILLION VERSUS EUR 46.1 MILLION YEAR AGO.Q1 EBIT EUR 3.5 MILLION VERSUS LOSS EUR 2.5 MILLION YEAR AGO.SAYS SHORT-TERM OUTLOOK IS CLOUDED BY MACRO-ECONOMIC AND GEOPOLITICAL UNCERTAINTY..SAYS GOALS ARE TO BECOME A EUR 500 MILLION GLOBAL COMPANY BY REVENUE, WITH AN EBIT OF MORE THAN 12 PER CENT BY 2021.  Full Article

Cavotec wins EUR 17.5 mln order for gateway airport in Dubai
Thursday, 2 Mar 2017 02:34am EST 

Cavotec SA : Wins 17.5 million euro ($18.43 million) order for Dubai's new gateway airport .Will supply 400Hz converters and Super Cool DX PCA technology as part of expansion project at Al Maktoum, also known as Dubai World Central (DWC).  Full Article

Cavotec Q4 EBIT down at EUR 5.9 million
Wednesday, 22 Feb 2017 06:00am EST 

Cavotec SA : Q4 revenue 60.2 million euros ($63.24 million) versus 78.8 million euros year ago . Q4 EBIT 5.9 million euros versus 8.8 million euros year ago . Q4 order intake increased by 15.2 pct to 63.1 million euros versus 54.8 million euros year ago . Says key targets are to achieve revenues of 500 million euros and EBIT of >12 percent within five years .Proposes dividend of 0.05 Swiss franc per share (2015: 0.03 Swiss franc).  Full Article

Cavotec lands EUR 11.5 mln in orders in United Arab Emirates, UK and US
Wednesday, 22 Feb 2017 06:00am EST 

Cavotec SA : Lands 11.5 million euros ($12.1 million) in orders for innovative aircraft utility systems in the UAE, the UK and the US .Has secured significant orders to supply its innovative aircraft systems to major airports in the United Arab Emirates, the UK and the US.  Full Article

Cavotec wins port equipment orders worth EUR 10.0 million
Wednesday, 8 Feb 2017 02:30am EST 

Cavotec SA : Has been awarded significant orders for its systems for marine propulsion, shore power supply, and crane electrification systems .Combined value 10.0 million euros.  Full Article

Cavotec wins airport equipment orders worth more than EUR 11 mln
Thursday, 1 Dec 2016 02:30am EST 

Cavotec SA : Cavotec wins airport equipment orders worth more than 11 million euros ($11.7 million) . Deliveries are scheduled during 2017 and 2018. .Largest of these orders is for a substantial number of ground support systems for Hong Kong International Airport Midfield Apron Project.  Full Article

Cavotec secures major MoorMaster equipment, servicing orders
Friday, 4 Nov 2016 03:30am EDT 

Cavotec SA : Secures major MoorMaster equipment, servicing orders . Won MoorMaster automated mooring orders from existing MoorMaster customer, Port of Salalah in Oman . To supply 16 MoorMaster MM400E15 units for container berths 3 and 4 at Salalah .Three-year maintenance contract has also been signed – a renewal of an existing agreement.  Full Article

Cavotec Q2 EBIT rises to EUR 7.5 million versus
Thursday, 4 Aug 2016 06:00am EDT 

Cavotec SA : Revenues for Q2 decreased 8.3 pct to 53.9 million euros ($60 million) . Q2 order intake 50.3 million euros versus 62.4 million euros year ago .Q2 EBIT 7.5 million euros versus 2.3 million euros year ago.  Full Article

Cavotec wins order for 16 AMP systems
Monday, 25 Jul 2016 02:15am EDT 

Cavotec SA : Says Q3 started strongly with order for 16 AMP systems for six new-build 13,500 TEU container vessels .Says during H1 and first weeks of Q3 has won orders with total value of about 11.5 million euros ($12.61 million).  Full Article

Cavotec completes its repurchase of own shares
Friday, 17 Jun 2016 02:50am EDT 

Cavotec SA : Says has completed its repurchase of own shares . In total, 150,000 shares were repurchased, corresponding to 0.19% per cent of total number of outstanding shares in company .Company currently holds 162,022 own shares.  Full Article

More From Around the Web