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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

Semcon wins Interior Development contract with Premium Car Brand
Tuesday, 28 Apr 2015 06:18am EDT 

Semcon AB:Semcon wins Interior Development contract with Premium Car Brand.  Full Article

Semcon wins car interior design contract
Tuesday, 28 Apr 2015 06:01am EDT 

Semcon AB:Wins interior design contract with car maker.Says contract covers two car new models, and will involve more than 70 Semcon engineers.Project is expected to run for 18 months.  Full Article

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