Edition:
United States

Semcon AB (SEMC.ST)

SEMC.ST on Stockholm Stock Exchange

53.00SEK
18 Aug 2017
Change (% chg)

-0.75kr (-1.40%)
Prev Close
53.75kr
Open
53.75kr
Day's High
53.75kr
Day's Low
52.50kr
Volume
17,825
Avg. Vol
36,580
52-wk High
68.50kr
52-wk Low
43.60kr

Latest Key Developments (Source: Significant Developments)

Semcon Q2 operating profit falls to SEK 10 mln
Wednesday, 19 Jul 2017 05:30am EDT 

July 19 (Reuters) - Semcon AB :Q2 operating income amounted to SEK 447 million (473) and organic growth was -6 pct.Q2 operating profit amounted to SEK 10 million (26), yielding an operating margin of 2.1 pct (5.6).Adjusted for currency effects, acquisitions and divestments, income fell by 6 pct in Q2.Says the quarter had three fewer working days compared with last year, accounting for around 5 pct of the fall in income.  Full Article

Semcon Q1 operating profit doubles, sees good demand in Q2
Wednesday, 26 Apr 2017 06:15am EDT 

April 26 (Reuters) - Semcon AB :Q1 operating income amounted to SEK 475 million (434) and organic growth was 11 per cent.Q1 operating profit amounted to SEK 40 million (20), yielding an operating margin of 8.5 per cent (4.7).Says demand is expected to remain good in Q2.  Full Article

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