Edition:
United States

Neo Industrial Oyj (NEO1V.HE)

NEO1V.HE on Helsinki Stock Exchange

4.86EUR
11:29am EST
Change (% chg)

€0.01 (+0.21%)
Prev Close
€4.85
Open
€4.88
Day's High
€4.88
Day's Low
€4.84
Volume
4,001
Avg. Vol
8,899
52-wk High
€5.27
52-wk Low
€1.52

Latest Key Developments (Source: Significant Developments)

Neo Industrial's Reka Cables gets EUR 12 mln power cables contract
Tuesday, 27 Dec 2016 02:00am EST 

Neo Industrial Oyj : Its Reka Cables Ltd unit gets contract for underground power cables . Value of contract is about 12 million euros ($12.5 million) . Deliveries will be made during 2017 and 2018 . Estimates turnover to be close to 100 million euros .Operating result of entire year is estimated to be between 5.5 million – 6.5 million euros.  Full Article

Neo Industrial 9-month operating results turns to profit of EUR 4.9 million
Tuesday, 25 Oct 2016 07:20am EDT 

Neo Industrial Oyj : 9-month turnover 74.8 million euros ($81.38 million) versus 64.4 million euros year ago . 9-month operating profit 4.9 million euros versus loss 1.4 million euros year ago . Turnover of Cable segment in 2016 is believed to clearly exceed turnover of 2015 .Operating result is believed to be positive also during second half of year and to be clearly positive for full year.  Full Article

Neo Industrial H1 operating result swings to profit EUR 3.9 million
Tuesday, 9 Aug 2016 08:05am EDT 

Neo Industrial Oyj : H1 operating profit 3.9 million euros ($4.3 million) versus loss 0.6 million euros year ago . H1 turnover 50.2 million euros versus 43.6 million euros year ago . Turnover of cable segment in 2016 is believed to clearly exceed turnover of 2015 . Group's operating result is believed to be positive also during H2 2016 .FY operating result is believed to be clearly positive.  Full Article

Neo Industrial: Reka Cables ends co-determination negotiations concerning officials
Monday, 2 Nov 2015 10:00am EST 

Neo Industrial Plc:Its subsidiary, Reka Cables Ltd, concluded co-determination negotiations concerning officials.As a result of negotiations six persons are given notice of termination and three persons are temporary laid off.Two temporary lay-offs concern officials in Keuruu Adjustments will be started during this week.  Full Article

Neo Industrial Plc: Reka Cables starts co-determination negotiations concerning officials
Tuesday, 20 Oct 2015 06:00am EDT 

Neo Industrial Plc:Subsidiary Reka Cables Ltd starts the co-determination negotiations to decrease maximum nine permanent officials.Co-determination negotiations concern all permanent officials in Hyvinkaa, Riihimaki and Keuruu.Total amount of permanent officials at end of Sept. 2015 was 59 people.  Full Article