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U Blox Holding AG (UBXN.S)

UBXN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

U Blox Holding updates guidance for FY 2017
Monday, 22 May 2017 01:54am EDT 

May 22 (Reuters) - U BLOX HOLDING AG ::U‑BLOX AND SIM TECHNOLOGY GROUP LIMITED <<<2000.HK>>> ANNOUNCED THAT THEY WILL NOT PROCEED WITH THE SALE, RESPECTIVELY ACQUISITION, OF SIMCOM CELLULAR MODULE PRODUCT LINE .AS A RESULT OF THIS SITUATION, U‑BLOX HAS REVISED ITS GUIDANCE FIGURES FOR 2017 BACK TO LEVELS AS PROVIDED ON JANUARY 11.FORESEES FOR FY 2017 CONTINUED GROWTH IN ALL REGIONS EXPECTING REVENUES OF BETWEEN CHF 410 AND 425 MILLION, WITH EBIT IN THE RANGE OF CHF 60 TO 65 MILLION.  Full Article

U Blox Holding raised CHF 60 million debt through issuance of fixed rate domestic straight bond
Tuesday, 21 Mar 2017 01:30pm EDT 

U Blox Holding Ag : Raised CHF 60 million debt through issuance of a fixed rate domestic straight bond .Bonds bear a 1.375% coupon and have a duration of 6 years.  Full Article

U Blox Holding FY 2016 revenue up at CHF 360.2 mln
Thursday, 16 Mar 2017 03:47am EDT 

U Blox Holding AG : Said on Wednesday consolidated revenue was 360.2 million Swiss francs ($360.74 million) in 2016, a growth of 6.5% as compared to 2015 . Said FY gross profit improved from 155.0 million Swiss francs to 167.1 million francs, with a continued strong gross profit margin of 46.4% in 2016. . FY operating profit (EBIT) increased from 51.3 million francs to 59.0 million francs, a growth of 15.0% as compared to 2015 . FY net profit increased by 24.5% from 37.1 million francs to 46.2 million francs, representing a 12.8% net profit margin for 2016 . Payout of a dividend of 2.10 francs per share from capital reserves is to be proposed at the Annual General Meeting . For the current year, is targeting revenues of between 485 million and 515 million francs incl. acquisition of SIMCom, with EBIT of between 60 million and 65 million francs .Plans to launch its second bond issue in 2017.  Full Article

U Blox acquires Simcom Cellular module product line
Friday, 20 Jan 2017 04:39pm EST 

U Blox Holding Ag - : U Blox acquires Simcom Cellular module product line . Asset deal is worth USD 52.5 million . Now expects revenues to reach between CHF 485 and 515 million, with profits in region of CHF 60 and 65 million including integration costs for 2017 .Acquisition should increase revenues by approx USD 75 million for remaining three quarters of 2017.  Full Article

U blox Holding expects strong growth for 2017
Wednesday, 11 Jan 2017 12:13pm EST 

U Blox Holding AG : Forecasts for FY 2016 revenues of 360 million Swiss francs ($352.98 million), and EBIT between 56 and 58 million Swiss francs . For FY 2017 u-blox foresees continued growth in all regions and expects revenues of between 410 and 425 million Swiss francs .Sees 2017 EBIT in range of 60 to 65 million Swiss francs.  Full Article

U Blox Holding announces partnership with DIGI-KEY
Monday, 29 Aug 2016 03:00am EDT 

U Blox Holding AG :Announced its partnership with DIGI-KEY to distribute its products in us.  Full Article

U Blox Holding H1 revenues CHF 179.7 million, up 11.0 pct
Friday, 26 Aug 2016 01:00am EDT 

U Blox Holding AG : H1 revenues increased to 179.7 million Swiss francs ($185.93 million), up 11.0 pct compared to exceptional strong H1 2015 . H1 EBIT improved by 12.3 pct to 27.8 million francs, a 15.5 pct margin . H1 net profit increased by 23.6 pct to 18.5 million francs . Full year revenue expectations slightly adjusted, mid and long term outlook unchanged, focus on high-margin quality . For 2016, U-Blox anticipates EBIT of between 56 million and 60 million francs (unchanged), based on slightly revised revenue predictions of between 375 million and 385 million francs .Mid and long term perspectives remain unchanged.  Full Article

U Blox Holding AG issues FY 2016 outlook below analysts' estimates, to propose FY 2015 outlook
Friday, 18 Mar 2016 01:00am EDT 

U Blox Holding AG:To propose payout of dividend of 1.90 Swiss francs per share for FY 2015.For current year 2016, is targeting revenues of between 395 million and 405 million Swiss francs, with EBIT of between 56 million and 60 million Swiss francs​.FY 2016 revenue 414.46 million euros - Thomson Reuters I/B/E/S.FY 2016 EBIT 63.66 million euros - Thomson Reuters I/B/E/S.  Full Article

U Blox Holding confirms FY 2015 outlook
Friday, 4 Sep 2015 01:00am EDT 

U Blox Holding AG:For FY 2015, U Blox keeps its already announced guidance with an EBIT between 48 million and 53 million francs, based on revenues of between 335 million and 345 million francs.  Full Article

U Blox Holding opens new office in Chongqing
Monday, 31 Aug 2015 03:00am EDT 

U Blox Holding AG:Opens a new office in Chongqing to better serve customers in Western China.  Full Article

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BRIEF-U Blox Holding updates guidance for FY 2017

* U-BLOX AND SIM TECHNOLOGY GROUP LIMITED ANNOUNCED THAT THEY WILL NOT PROCEED WITH THE SALE, RESPECTIVELY ACQUISITION, OF SIMCOM CELLULAR MODULE PRODUCT LINE