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Bufab AB (publ) (BUFAB.ST)

BUFAB.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bufab Q1 EBITA Rises To SEK 106 Million
Thursday, 26 Apr 2018 01:30am EDT 

April 26 (Reuters) - Bufab AB (publ) ::Q1 NET SALES ROSE BY 16 PERCENT TO SEK 945 MILLION (815).Q1 NET SALES ROSE BY 16 PERCENT TO SEK 945 MILLION (815).Q1 OPERATING PROFIT (EBITA) ROSE TO SEK 106 MILLION (91).  Full Article

Bufab ‍Q4 EBITA Rises To SEK 72 Million
Friday, 9 Feb 2018 01:30am EST 

Feb 9 (Reuters) - BUFAB ::‍Q4 NET SALES ROSE BY 18 PERCENT TO SEK 828 MILLION (699), OF WHICH 14 PERCENT WAS ORGANIC​.‍Q4 ORDER INTAKE INCREASED BY 16 PERCENT AND WAS HIGHER THAN NET SALES​.‍PROPOSES RAISING DIVIDEND TO SEK 2.25 (2.00) PER SHARE​.‍GROSS MARGIN REMAINED UNDER PRESSURE FROM HIGHER RAW MATERIAL PRICES AND WAS LOWER THAN IN 2016​.‍Q4 OPERATING PROFIT (EBITA) ROSE TO SEK 72 MILLION (55)​.‍"WE HAVE TO COMPENSATE FOR HIGHER RAW MATERIAL PRICES USING PRICE INCREASES AND FURTHER STREAMLINED PURCHASING PROCESSES"​.  Full Article

Bufab buys Kian Soon Mechanical Components Pte Ltd
Friday, 1 Dec 2017 02:45am EST 

Dec 1 (Reuters) - Bufab ::ACQUIRES KIAN SOON MECHANICAL COMPONENTS PTE LTD.HAS SIGNED AN AGREEMENT TO ACQUIRE ALL OUTSTANDING SHARES IN KIAN SOON MECHANICAL COMPONENTS PTE LTD IN SINGAPORE , WITH ANNUAL SALES OF APPROXIMATELY SGD 17 MILLION.SAYS ACQUISITION WILL BE FINANCED WITHIN BUFAB'S EXISTING CREDIT FACILITIES.SAYS PURCHASE PRICE, ON AN "ENTERPRISE VALUE" BASIS, AMOUNTS TO APPROXIMATELY 85 MILLION SWEDISH CROWNS UPON CLOSING OF THE TRANSACTION.SAYS AN ADDITIONAL APPROXIMATELY 25 MILLION SWEDISH CROWNS WILL BE PAID IN 2019 CONDITIONAL ON A STABLE FINANCIAL DEVELOPMENT.SAYS FINALLY, A PERFORMANCE-RELATED PURCHASE CONSIDERATION OF A MAXIMUM OF 20 MILLION SWEDISH CROWNS MAY BE PAID IN 2021, CONDITIONAL ON AN IMPROVED PROFIT.SAYS ACQUISITION IS EXPECTED TO CONTRIBUTE MARGINALLY TO BUFAB'S EARNINGS PER SHARE STARTING FROM THE FIRST QUARTER OF 2018.  Full Article

Bufab Q3 operating profit up at SEK ‍68​ million
Thursday, 26 Oct 2017 01:30am EDT 

Oct 26 (Reuters) - BUFAB :Q3 OPERATING PROFIT SEK ‍68​ MILLION VERSUS SEK 66 MILLION YEAR AGO.Q3 NET SALES SEK ‍735​ MILLION VERSUS SEK 668 MILLION YEAR AGO.  Full Article

Bufab sets new financial targets
Wednesday, 25 Oct 2017 12:00pm EDT 

Oct 25 (Reuters) - Bufab :New financial targets for Bufab​.Says ‍targets average annual revenue growth of 10 percent, through organic growth as well as acquisitions​.Says ‍targets operating margin (EBITA) of 12 percent over a business cycle​.Says ‍targets dividend of 30-60 percent of annual net profit.Says new targets imply increased growth and more flexibility for value-creating acquisitions​.  Full Article

Bufab Q1 operating profit rises
Thursday, 27 Apr 2017 01:34am EDT 

April 27 (Reuters) - Bufab :Q1 net sales rose by 13 percent to SEK 815 million (718).Q1 operating profit increased to SEK 90 million (71).  Full Article

Bufab Q4 operating profit rises
Tuesday, 21 Feb 2017 02:00am EST 

Bufab : Q4 net sales rose by 14 percent to SEK 699 million (612) Organic growth was 4 percent . Says board of directors proposes raising dividend for 2016 to SEK 2.00 (1.70) per share . Q4 operating profit rose to SEK 53 million (38) and operating margin rose to 7.6 percent (6.2) . Says going into 2017, we see challenges in prevailing exchange rates as well as a trend towards rising commodity prices . Says on the other hand, we hope to continue to increase our market share .Says we also witnessed a healthy order intake during Q4, which bodes well for beginning of 2017.  Full Article

Bufab profit, order intake rise in Q3
Wednesday, 26 Oct 2016 02:01am EDT 

Bufab : Q3 operating profit rose to SEK 66 million vs yr-ago 52 million and operating margin rose to 9.8 percent vs year-ago 9.0 percent . Q3 net sales rose by 16 percent to SEK 668 million . Q3 order intake was slightly lower than net sales at SEK 665 million vs year-ago 582 million .Says growing uncertainty in business environment, a slightly weaker order intake, prevailing exchange rates and a risk of rising commodities prices are challenges that we face towards end of 2016 and in 2017.  Full Article