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Indutrade AB (INDT.ST)

INDT.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Indutrade says buys MaxxVision in Germany
Tuesday, 18 Apr 2017 08:50am EDT 

April 18 (Reuters) - Indutrade Ab :Indutrade acquires Maxxvision in Germany.Says annual sales of approximately eur 8 million.Says acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.MaxxVision is a technology sales company that offers image handling technology for industries and visual communication, such as cameras, lenses and lighting for applications such as quality control, manufacturing, robot control, product identification and analyses.  Full Article

Indutrade buys Proflex in Norway
Monday, 10 Apr 2017 08:29am EDT 

Indutrade Ab : Indutrade today signed an agreement to acquire all of the shares in Pro-Flex AS in Bergen, Norway with annual sales of approximately NOK 90 million . Indutrade ab says acquisition is expected to have a marginally positive impact on indutrade's earnings per share . Possession takes place today .Pro-Pro-Flex is a technology sales company that supplies hoses and couplings to the Norwegian industry.  Full Article

Indutrade buys Swiss doormaker Turenfabrik Safenwil
Monday, 13 Mar 2017 05:00am EDT 

Indutrade Ab : Indutrade acquires Turenfabrik Safenwil AG in Switzerland . Says Turenfabrik Safenwil AG has annual sales of approximately CHF 8 million .The company manufactures various kinds of doors, such as interior and exterior doors, fire protection doors and security doors.  Full Article

Indutrade Q4 EBITA falls, posts higher order intake
Tuesday, 14 Feb 2017 02:00am EST 

Indutrade AB : Q4 order intake rose 11 pct to SEK 3,434 million (3,086). For comparable units increase was 1 pct . Q4 operating profit before amortisation of intangible non-current assets attributable to acquisitions (ebita) decreased by 2 pct to SEK 391 million (398), corresponding to an EBITA margin of 11.2 pct (12.4) .Says board of directors proposes a dividend of SEK 3.20 (3.00) per share for 2016..  Full Article

Indutrade buys Dutch sensor manufacturer
Tuesday, 10 Jan 2017 06:55am EST 

Indutrade Ab : Indutrade has signed an agreement to acquire all of the shares in RS Technics BV in Roden, The Netherlands, with annual sales of approximately EUR 2 million. .The acquisition is expected to have a marginally positive impact on Indutrade's earnings per share..  Full Article

Yit revalues book values in Housing Russia segment, books EUR 27 mln cost
Monday, 26 Sep 2016 06:30am EDT 

Yit Oyj : Revalues book values of its asset in Housing Russia segment and books cost of 27 million euros ($30.36 million) . Says is completing three-year capital release program where it has succeeded to release capital by about eur 340 million from different assets in order to strengthen its balance sheet . About 45 million euros of assets classified as slow-moving, located mainly in Russia, are yet to be released . Recognizes about 18 million euro impairment charge related to plots . Aims to achieve positive adjusted operating profit in H2 for Housing Russia segment, and according to company's estimate, adjusted operating profit will be around zero already in Q3 2016 .Says announced in Q2 interim report that it aims at positive operating result for H2 2016.  Full Article

Finnair starts to plan EUR 20 million cost-efficiency programme
Wednesday, 17 Aug 2016 02:17am EDT 

Finnair Oyj : Starts to plan 20 million euro ($22.5 million) cost-efficiency programme . Expects to finalise plans on main areas of cost-efficiency programme during next few months . Sustainable improvement in profitability is a prerequisite for Finnair's accelerated growth strategy announced in spring 2016 .Target is to achieve permanent savings through various efficiency-improvement measures, amounting to 20 million euros annually by end of June 2017.  Full Article

Indutrade Q2 EBITA beats forecasts, sees unchanged markets
Friday, 22 Jul 2016 07:05am EDT 

Indutrade AB : Q2 operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 12 pct to SEK 405 million . Reuters poll: Indutrade Q2 EBITA was seen at SEK 398 million , sales at SEK 3.2 billion . Q2 order intake rose 13 pct to SEK 3,422 million (3,026) . Says market will continue to be unstable, and our challenge is to capture market shares in a market with low growth . Says do not expect any major change in demand situation in near future . Says many countries continue to experience weak or no growth, and Brexit vote in UK has given rise to even more questions about future For the original story click here: http://mb.cision.com/Main/2210/2049778/542837.pdf Further company coverage: [INDT.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Citycon Q2 EPRA earnings rise; 2016 outlook specified
Thursday, 14 Jul 2016 02:00am EDT 

Citycon Oyj : Q2 net rental income 57.0 million euros ($63.32 million) versus 42.6 million euros year ago . Q2 EPRA earnings increased by 8.4 million euros or 27.9 pct, to 38.7 million euros . Specifies 2016 earnings guidance . Forecasts 2016 direct operating profit to change by 17 million to 26 million euros (previously 16 million - 30 million euros) from previous year . Sees 2016 EPRA earnings to change by 11 million to 20 million euros (previously 9 million - 23 million euros) from previous year . Sees EPRA EPS (basic) to be 0.1575-0.1725 euros (previously 0.155-0.175 euros) . Says specified outlook acknowledges impact of non-core portfolio divestment in Finland, weaker Norwegian crown and impact of metro delay in Iso Omena .Believes there have been no material changes to key risk areas outlined in annual and sustainability report 2015.  Full Article

Indutrade acquires Vacuum Engineering Services
Tuesday, 5 Jul 2016 02:00am EDT 

Indutrade Ab :Indutrade acquires Vacuum Engineering Services ltd, uk.  Full Article

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