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Ratos AB (RATOb.ST)

RATOb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ratos profit rises in H1, says transaction market remains strong
Thursday, 17 Aug 2017 02:00am EDT 

Aug 17 (Reuters) - Ratos AB :Jan-June ‍profit before tax SEK 514 mln vs yr-ago 7 mln.Q2 profit before tax SEK 546 mln vs year-ago 32 mln​.Says transaction market remains strong with good opportunities for Ratos to capitalise‍​.Says "current cash and bank balances allow us to maintain a high level of preparedness and opportunities to act".Says though the overall earnings trend in the portfolio improved during Q2, the performance of certain individual companies was inadequate.Says "we must continue to increase the pace of improvement to achieve higher earnings".  Full Article

Ratos says divests all shares in subsidiary Serena Properties
Friday, 30 Jun 2017 02:40am EDT 

June 30 (Reuters) - Ratos Ab says:Divests all shares in Serena Properties..Enterprise value amounts to EUr 206 million and Ratos will receive approximately EUR 50 million for its shareholding..Divestment generates an exit gain of approximately SEK 90 million and an average annual return (irr) of approximately 30% as well as a money multiple of 1.5..  Full Article

Ratos adjusts investment intervals
Monday, 12 Jun 2017 02:30am EDT 

June 12 (Reuters) - Ratos Ab :Ratos presents updated strategic agenda.Says to create greater flexibility to make new acquisitions, former lowest investment interval of SEK 250m in equity has been removed..Says goal for new acquisitions is instead that company in question must have potential to reach SEK 0.5 billion in equity in next five years.Says upper investment interval has been lowered from SEK 5 billion in equity to SEK 2 billion in equity to create a better balance and risk spread in portfolio.Says Ratos's operational management costs are expected to be approximately SEK 150m on an annual basis in future (compared with SEK 261m for 2016) excluding transaction and financing costs.Says has changed its working methods and the investment organisation is now structured in six sectors; Business Services, Construction, Consumer/Retail/Leisure, Healthcare/Lifescience, Industrials and TMT (Technology, Media, Telecom).  Full Article

Ratos says Nebula divestment generates exit gain of around 500 mln SEK
Monday, 22 May 2017 02:30am EDT 

May 22 (Reuters) - Ratos :Ratos divests Nebula to Telia Company <<>>.Says divestment generates a net exit gain of approximately SEK 500 mln.  Full Article

Ratos says sells Sophion Bioscience
Thursday, 11 May 2017 04:15am EDT 

May 11 (Reuters) - Ratos :Says divests Sophion Bioscience.Says purchase price for all shares in Sophion Bioscience is SEK 60 mln.Says company currently has about 50 employees and annual sales of approximately SEK 100 mln.Says divestment is not expected to generate any significant exit results for Ratos.  Full Article

Ratos Q1 adjusted core profit rose in Q1
Monday, 8 May 2017 02:00am EDT 

May 8 (Reuters) - Ratos Ab : :Q1 earnings per share before and after dilution SEK -0.38 (-0.18).Increase in Q1 EBITA from SEK 14 mln to SEK 102 mln in company portfolio .Increase of Q1 adjusted EBITA from SEK 95 mln to SEK 110 mln in company portfolio, +16 pct .Says despite a certain degree of uncertainty in the market, we see signs of market improvements for Ratos's companies.Says the transaction market remains strong with good opportunities for ratos to capitalise on our unique profile, flexible ownership horizon and distinct investment strategy.Says our current cash and bank balances allow us to maintain a high level of preparedness and opportunities to act..  Full Article

Ratos says subsidiary Plantasjen acquires Saba Blommor
Wednesday, 29 Mar 2017 02:10am EDT 

Ratos AB : Says Plantasjen (Plantagen) is acquiring SABA Blommor .Says company has approximately 160 employees, and an annual turnover of approximately SEK 330 mln.  Full Article

Ratos says sells all its Arcus shares
Monday, 20 Mar 2017 03:02am EDT 

Ratos : Ratos has sold its holding of 23.6 pct in Arcus . Says sale was made at a price of NOK 47.40 per share, a total of NOK 762 mln, and gives an estimated exit gain of approximately SEK 30 mln . Ratos has sold its shareholding of 23.6 pct in Arcus ASA to Canica AS and Sundt AS .Following the sale, Ratos owns no shares in Arcus.  Full Article

Ratos subsidiary Bisnode buys Global Group in Germany
Friday, 17 Mar 2017 03:31am EDT 

Ratos Ab : Ratos's subsidiary Bisnode is acquiring Global Group Dialog Solutions AG, a German leading marketing solutions provider . In conjunction with the transaction, Ratos is contributing approximately SEK 54m for its holding . The company has approximately 60 employees. Annual sales are approximately EUR 10.5m .The acquisition is expected to be completed at the end of April 2017.  Full Article

Ratos swings to operating profit in Q4
Friday, 17 Feb 2017 02:00am EST 

Ratos Ab : Says proposed dividend of SEK 2.00 per share (3.25) . Fy16 portfolio's adjusted EBITA amounted to SEK 1,005 mln (1,233) .Q4 operating profit SEK 1,551 mln (-478).  Full Article

BRIEF-Ratos profit rises in H1, says transaction market remains strong

* Says transaction market remains strong with good opportunities for Ratos to capitalise‍​