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Semcon AB (SEMC.ST)

SEMC.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Semcon says sells German engineering division
Thursday, 2 Feb 2017 01:50am EST 

Semcon Ab : Semcon divests german engineering business. . Says semcon's operations in product information in germany are not affected by sale . Says purchase price will be paid in cash and amounts to eur 14.1 million . Says purchase price also includes booked value of net assets at date of transfer . Says divestment includes all companies in business area and entails an expected positive cash-flow effect of approximately sek 160 million . Says transaction will result in an impairment loss for intangible assets amounting to sek 66 million and deferred tax assets amounting to sek 57 million during q4 2016 . Says divestment is scheduled to be completed during february 2017 Further company coverage: [SEMC.ST] (Reporting By Anna Ringstrom) ((Anna.Ringstrom@thomsonreuters.com;)).  Full Article

Semcon turns to Q2 operating profit
Friday, 15 Jul 2016 05:38am EDT 

Semcon Ab : Q2 profit after tax 22 million sek (-22) . Q2 operating income amounted to sek 700 million (632) and organic growth was 10% . Q2 operating profit amounted to sek 31 million (-28), giving an operating margin of 4.4% (-4.5) Further company coverage: [SEMC.ST] (Reporting by Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46-(0)8-700 10 17;)).  Full Article

Semcon proposes 2015 dividend of SEK 1.25/shr
Friday, 12 Feb 2016 06:30am EST 

Semcon AB:Board of directors proposes 2015 share dividend of 1.25 Swedish crown per share​.  Full Article

Semcon AB increases stake in Kongsberg Devotek
Monday, 2 Nov 2015 03:00am EST 

Semcon AB:Strengthens its position on the Norwegian market.Says increasing ownership in technology company Kongsberg Devotek as to 97 pct.Says a share issue of 5 million Norwegian crowns will enable Semcon to increase its ownership to 97 pct of shares in company.  Full Article

Semcon signs new fuel cell contract
Thursday, 1 Oct 2015 08:00pm EDT 

Semcon AB:Signs new fuel cell contract.Is helping PowerCell in taking next step for mass production of fuel cells.  Full Article

Semcon strengthens cooperation with Electrolux
Wednesday, 1 Jul 2015 03:10am EDT 

Semcon AB:Semcon strengthens cooperation with Electrolux.Has been selected as one of Electrolux's preferred partners after 10 years of working together.  Full Article

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