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Duroc AB (DURCb.ST)

DURCb.ST on Stockholm Stock Exchange

29.40SEK
5:19am EDT
Change (% chg)

0.10kr (+0.34%)
Prev Close
29.30kr
Open
29.40kr
Day's High
29.50kr
Day's Low
29.30kr
Volume
685
Avg. Vol
10,720
52-wk High
38.50kr
52-wk Low
14.25kr

Latest Key Developments (Source: Significant Developments)

Duroc acquires business in Belgium
Tuesday, 11 Jul 2017 02:00am EDT 

July 11 (Reuters) - DUROC AB :DUROC ACQUIRES COMPANY WITHIN CLIMATE CONTROL AND ENERGY EFFICIENCY FOR AGRICULTURE AND HORTICULTURE INDUSTRIES.TO ACQUIRE BELGIUM-BASED AGRICULTURE AND HORTICULTURE TEXTILES BUSINESS, BONARAGRO, FOR EUR 7 M.SIGNED AN AGREEMENT WITH LONDON-LISTED GLOBAL PERFORMANCE MATERIALS GROUP LOW & BONAR PLC TO ACQUIRE ITS LOKEREN.ACQUISITION IS EXPECTED TO HAVE A POSITIVE IMPACT ON DUROC'S EARNINGS PER SHARE ALREADY FOR CURRENT FINANCIAL YEAR (2017/2018).DUROC WILL NOT BE AFFECTED BY GOODWILL THROUGH TRANSACTION, WHICH IS CARRIED OUT WITH OWN FUNDS.TRANSACTION IS EXPECTED TO COMPLETE NO LATER THAN 30 SEPTEMBER 2017, SUBJECT TO FULFILMENT OF A NUMBER OF CONDITIONS.  Full Article

Duroc appoints Magnus Bergendorff new CFO
Tuesday, 16 May 2017 05:00am EDT 

May 16 (Reuters) - DUROC AB :MAGNUS BERGENDORFF NEW CFO.MAGNUS BERGENDORFF STARTS AS CFO AS OF MAY 16, 2017.  Full Article

Duroc Q1 operating profit rises to SEK 37.8 mln
Friday, 21 Apr 2017 01:15am EDT 

April 21 (Reuters) - DUROC AB :Q1 OPERATING PROFIT SEK 37.8 MLN VERSUS SEK 22.8 MLN YEAR AGO.Q1 REVENUE SEK 584.5 MLN VERSUS SEK 466.8 MLN YEAR AGO.Q1 NET PROFIT SEK 24.7 MLN VERSUS SEK 16.5 MLN YEAR AGO.  Full Article

Duroc unit files bankruptcy petition
Wednesday, 12 Oct 2016 03:12am EDT 

Duroc AB : Said on Tuesday its subsidiary, Svartöns Specialstål AB, is to file bankruptcy petition .Said is not able to determine how Svartöns Specialstål's bankruptcy would affect Duroc's liquidity but short term effect is expected to be of about 7 million Swedish crowns ($811,773).  Full Article

Duroc: Paul Benjamin to be acting CFO from Oct. 7
Wednesday, 5 Oct 2016 08:50am EDT 

Duroc AB : Paul Benjamin to be acting CFO from Oct. 7, 2016 .Benjamin replaces Helene Fredlund Pettersson during her absence due to illness.  Full Article

Duroc Q2 operating result swings to loss of SEK 9.9 million
Friday, 15 Jul 2016 01:15am EDT 

Duroc AB : Q2 revenue 121 million Swedish crowns ($14.24 million) versus 104 million crowns year ago . Q2 order intake 119.8 million crowns versus 100.1 million crowns year ago . Q2 operating loss 9.9 million crowns versus profit 2.8 million crowns year ago .Says Q2 result was affected by write-downs of book value of production equipment and warehouse in Svartöns Specialstål, formerly Duroc Special Steel.  Full Article

Duroc unit applies for company reconstruction
Thursday, 16 Jun 2016 03:42am EDT 

Duroc AB : Said on Wednesday its wholly-owned unit, Duroc Special Steel AB (DSS), had applied for company reconstruction . Said the company is to write down value of DSS shares from 5 million to zero; internal claims of 11.5 million Swedish crowns ($1.38 million) to be reduced to zero .Apart from bridge loan commitment of 1 million crowns, company expects reconstruction to have no effect on its liquidity.  Full Article

Duroc announces John Häger new CEO
Thursday, 7 Apr 2016 08:00am EDT 

Duroc AB:Announces John Häger new CEO.John Häger starts as CEO on May 1, 2016.  Full Article

Duroc elects Carl Ostring as interim CEO
Thursday, 17 Mar 2016 12:45pm EDT 

Duroc AB:Board elected Carl Ostring as interim CEO as of April 1.  Full Article

Duroc AB CEO leaves the company
Monday, 11 Jan 2016 11:45am EST 

Duroc AB:Said on Monday CEO Christer Tånnander had decided to leave the company.Christer Tånnander's last workday will be March 31.Board has commenced search to find a replacement.  Full Article

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