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Schouw & Co A/S (SCHO.CO)

SCHO.CO on Copenhagen Stock Exchange

621.00DKK
11:59am EDT
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Latest Key Developments (Source: Significant Developments)

Schouw & Co. acquires majority of shares in Borg Automotive
Monday, 20 Mar 2017 08:15am EDT 

Schouw & Co A/S : Acquires the majority of shares in Borg Automotive . Has entered into an agreement on acquisition of Danish industrial company Borg Automotive in Silkeborg, Denmark . It is intention that Schouw & Co. shall take over 85% of business . Business has been assessed at about 1.15 billion Danish crowns ($166.26 million) on a debt-free basis (enterprise value for 100% of business) . Acquisition is expected to become effective from beginning of April 2017 .For 9 month period in 2017 Borg Automotive is expected to be recognised with a revenue of about 800 million crowns and an EBIT in range of 110-130 million crowns.  Full Article

Schouw & Co Q4 EBIT up at 315 million Danish crowns
Friday, 10 Mar 2017 01:00am EST 

Schouw & Co A/S : 2016 revenue rose to 14.4 billion Danish crowns ($2.05 billion) (2015: 12.6) with company acquisitions making positive contributions . 2016 EBIT was up 25 percent to 1,038 million Danish crowns (2015: 831) . Q4 EBIT 315 million Danish crowns versus 259 million Danish crowns year ago . Q4 revenue 3.9 billion Danish crowns versus 3.08 billion Danish crowns year ago . For 2017, expects revenue of about 15.6 billion Danish crowns and EBIT in range of 940-1,060 million Danish crowns . 2017 consolidated EBIT is expected to be in upper end of revenue range .Proposal to increase dividend for 2016 financial year by 20 percent to 12 Danish crowns per share.  Full Article

Schouw: BioMar buys production plant in China
Friday, 25 Nov 2016 03:13am EST 

Schouw & Co A/S :Says its unit BioMar buys production plant in China.  Full Article

Schouw & CO Q2 EBIT up at DKK 215 million
Thursday, 11 Aug 2016 06:24am EDT 

Schouw & Co A/S : Q2 revenue 3.37 billion Danish crowns ($504.77 million) versus 3.10 billion crowns year ago . Q2 EBIT 215 million crowns versus 151 million crowns year ago . 2016 EBIT guidance raised by 35 million crowns to range of 845-935 million crowns .Maintains its guidance of full-year 2016 revenue of approximately 14.1 billion crowns.  Full Article

Schouw & Co: Incuba Invest divests shares in Scandinavian Micro Biodevices
Monday, 8 Aug 2016 08:00am EDT 

Schouw & Co A/S : Incuba Invest, an associate, in which Schouw & Co holds a 49 pct stake, has entered into a share purchase agreement regarding its shares in Scandinavian Micro Biodevices APS . Simultaneously, remaining shareholders in Scandinavian Micro Biodevices will be divesting their shares .Subsequent to transaction buyer American Zoetis will obtain full ownership..  Full Article

Schouw and Co gives 2016 guidance in line with estimates
Tuesday, 3 May 2016 05:52am EDT 

Schouw and Co A/S:Expects full-year 2016 revenue of about 14.1 billion crowns.Group now expects EBIT in range of 810-900 million crowns.FY 2016 revenue estimate DKK 14.13 bln - Thomson Reuters I/B/E/S.  Full Article

Schouw and Co A/S finalises acquisition of GPV International
Friday, 1 Apr 2016 07:41am EDT 

Schouw and Co A/S:Formal requirements for Schouw & Co.’s acquisition of Danish EMS manufacturer, GPV International A/S, have been fulfilled.Transaction is finally effected from April 1, 2016.  Full Article

Schouw and Co A/S proposes a dividend for FY 2015, provides outlook for FY 2016
Friday, 4 Mar 2016 01:15am EST 

Schouw and Co A/S:‍Proposal to raise dividend for FY 2015 financial year by 25 percent to 10 crowns per share​.Expect FY 2016 revenue to be around 14.2 billion crowns.Sees FY 2016 EBIT in range of 760 million-850 million crowns, excluding effect of GPV acquisition​.  Full Article

Schouw & Co. acquires Danish EMS manufacturer
Friday, 29 Jan 2016 03:17am EST 

Schouw and Co A/S:Says has entered into an agreement on the acquisition of the Danish EMS manufacturer GPV International A/S headquartered in Tarm, Denmark‍.Transaction amounts to 400 million Danish crowns ($58.39 million) on a debt-free basis (enterprise value).​ ‍Transaction is expected finally effected by end of Q1 2016.  Full Article

Schouw and Co A/S: Fibertex Personal Care to expand capacity in Malaysia
Friday, 22 Jan 2016 05:36am EST 

Schouw and Co A/S:Fibertex Personal Care is to establish another production line in Malaysia to service the growing Asian hygiene market.The investment of about 400 million Danish crowns involves the establishment of a new site facility.Investment will expand the company's capacity in Asia by more than 20 pct once the production line is commissioned mid-2017.  Full Article

More From Around the Web

BRIEF-Schouw & Co. acquires majority of shares in Borg Automotive

* Has entered into an agreement on acquisition of Danish industrial company Borg Automotive in Silkeborg, Denmark