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Eniro AB (ENRO.ST)

ENRO.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eniro Q4 revenue falls, continues negotiations with lenders
Wednesday, 8 Feb 2017 02:00am EST 

Eniro Ab : Eniro q4 total operating revenue amounted to SEK 479 m (579) . Q4 ebitda decreased by 33% to sek 72 m (107). Ebitda margin was 15.0% (18.5%). . Says has continued negotiations with company's lenders. Until now, no agreement has been reached .Says standstill agreement, concluded in december 2016, remains in effect until end of february 2017.  Full Article

Eniro AB launches Nordic sales organization; costs to decrease by SEK 65 mln/year
Monday, 30 Nov 2015 03:00am EST 

Eniro AB:Launches Nordic sales organization.Swedish, Norwegian and Danish sales units are being merged into one Nordic sales organization with local divisions in each country.Says reorganisation to decrease costs by 65 million Swedish crowns yearly.  Full Article

Eniro calls EGM over settlement with former CEO
Wednesday, 25 Nov 2015 02:00am EST 

Eniro AB:Eniro convenes extraordinary general meeting regarding settlement agreement with its former CEO.Says former CEO Johan Lindgren waives all claims against company regarding termination salary and severance pay.Says company in turn waives its claims against Lindgren.Says if settlement agreement is approved, a positive impact on earnings of about 14 million Swedish crowns is expected.  Full Article

Eniro AB fined by Stockholm bourse
Monday, 29 Jun 2015 02:30am EDT 

Eniro AB:Nasdaq stockholm orders eniro to pay a fine of 597,000 crowns relating to the company's information disclosure in conjunction with adjustment of a forecast.  Full Article

Eniro sees FY 2015 EBITDA to be lower than issued forecast; announces CFO change
Wednesday, 20 May 2015 02:59am EDT 

Eniro AB:Eniro's EBITDA for FY 2015 expected to be lower than issued forecast.Says has decided to recognize impairment of intangible assets in range of 1.1-1.2 billion Swedish crowns in FY 2015.Says Eniro continues to meet its obligations to banks and other creditors.Says CFO Roland Andersen will leave company and Maria Akrans has been appointed acting CFO.Says company is not issuing any new, detailed forecast for 2015 other than that EBITDA for FY 2015 is expected to be lower than 631 million Swedish crowns.FY 2015 EBITDA 585.33 million crowns-Thomson Reuters I/B/E/S.  Full Article

Eniro to cut work force by 260 employees
Wednesday, 22 Apr 2015 02:40am EDT 

Eniro AB:Implements new ways of working to deliver greater customer focus, more business and lower costs.Says organisation will downsize by 350 positions which means a reduction of 260 employees.Says changes will come into force in may and are expected to be fully implemented by autumn.Says sees savings of 25 million Swedish crowns for 2015, annualised to 120 million Swedish crowns.  Full Article

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BRIEF-Eniro and lenders extend standstill deal to defer payments to end-March

* Eniro's stand still agreement with bank syndicate to defer payments extended