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Indutrade AB (INDT.ST)

INDT.ST on Stockholm Stock Exchange

223.00SEK
19 Jun 2018
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165,998
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250.20kr
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184.40kr

Latest Key Developments (Source: Significant Developments)

Indutrade Acquires British Precision Uk Ltd
Tuesday, 8 May 2018 10:31am EDT 

May 8 (Reuters) - Indutrade AB ::INDUTRADE ACQUIRES BRITISH PRECISION UK LTD.SAYS ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE'S EARNINGS PER SHARE.SAYS PRECISION UK LTD HAS ABOUT 40 EMPLOYEES AND REPORTED NET SALES OF APPROXIMATELY £11 MILLION IN 2017.  Full Article

Indutrade Q1 EBITA rises yr/yr
Thursday, 26 Apr 2018 08:00am EDT 

April 26 (Reuters) - Indutrade AB ::Q1 ORDER INTAKE ROSE 14% TO SEK 4,173 MILLION (3,672).Q1 NET SALES ROSE 10% TO SEK 3,897 MILLION (3,533).Q1 OPERATING PROFIT BEFORE AMORTISATION OF INTANGIBLE NON-CURRENT ASSETS ATTRIBUTABLE TO ACQUISITIONS (EBITA) ROSE 11% TO SEK 451 MILLION (406).SAYS WE HAVE HAD A GOOD START TO 2018, WITH A STABLE BUSINESS CLIMATE AND HEALTHY UNDERLYING DEMAND.SAYS INDUTRADE'S BUSINESS MODEL REMAINS FIRM AND GIVES US FAVOURABLE PROSPECTS FOR CONTINUED POSITIVE DEVELOPMENT AND TO GENERATE LONG-TERM SUSTAINABLE, PROFITABLE GROWTH.  Full Article

Indutrade buys Dutch Zijtveld Grijpers
Wednesday, 21 Feb 2018 07:28am EST 

Feb 21 (Reuters) - Indutrade ::INDUTRADE ACQUIRES DUTCH COMPANY ZIJTVELD GRIJPERS.SAYS ‍INDUTRADE HAS ON 21 FEBRUARY 2018 SIGNED AN AGREEMENT TO ACQUIRE ALL OF SHARES IN DUTCH COMPANY ZIJTVELD GRIJPERS B.V​.SAYS ‍ZIJTVELD GRIJPERS HAS AROUND 40 EMPLOYEES AND SALES OF APPROXIMATELY EUR 13 MILLION.THE ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE’S EARNINGS PER SHARE​.  Full Article

Indutrade issues two bond loans of 1 bln SEK in total
Monday, 19 Feb 2018 02:52am EST 

Feb 19 (Reuters) - Indutrade Ab ::INDUTRADE ISSUES TWO BOND LOANS OF IN TOTAL SEK 1,000 MILLION.SAYS HAS ISSUED TWO SENIOR UNSECURED BONDS OF IN TOTAL SEK 1,000 MILLION WITH A TENOR OF FIVE YEARS.SAYS FIRST BOND LOAN AMOUNTS TO SEK 750 MILLION AND CARRIES A FLOATING INTEREST RATE OF THREE MONTHS STIBOR +1.10%. THE SECOND BOND LOAN AMOUNTS TO SEK 250 MILLION AND CARRIES A FIXED RATE OF 1.75% ANNUALLY.SAYS TRANSACTION GENERATED STRONG INVESTOR DEMAND AND THE TRANSACTION WAS OVERSUBSCRIBED.  Full Article

Indutrade AB Q4 EBITA falls to 299 mln SEK​
Tuesday, 13 Feb 2018 02:00am EST 

Feb 13 (Reuters) - Indutrade Ab ::INDUTRADE AB Q4 ‍ORDER INTAKE ROSE 13% TO SEK 3,895 MILLION (3,434)​.INDUTRADE AB Q4 ‍OPERATING PROFIT BEFORE AMORTISATION OF INTANGIBLE NON-CURRENT ASSETS ATTRIBUTABLE TO ACQUISITIONS (EBITA) DECREASED 24% TO SEK 299 MILLION (391)​.INDUTRADE AB Q4 ‍NET SALES ROSE 12% TO SEK 3,932 MILLION (3,499)​.INDUTRADE AB SAYS ‍RESTRUCTURING COSTS IMPACTING EARNINGS FOR Q4 OF SEK 132​.INDUTRADE AB SAYS ‍AMBITION IS TO FURTHER DEVELOP INDUTRADE'S PRESENCE IN GERMAN MARKET​.INDUTRADE AB SAYS ‍DIRECTORS PROPOSES A DIVIDEND OF SEK 3.75 (3.20) PER SHARE.​.INDUTRADE AB Q4 ‍EBITA EXCLUDING RESTRUCTURING COSTS WAS SEK 431 MILLION​.  Full Article

Indutrade acquires Dutch Company Tradinco Instruments
Wednesday, 27 Dec 2017 02:30am EST 

Dec 27 (Reuters) - Indutrade Ab says::Has signed an agreement to acquire all of the shares in the Dutch company Tradinco Instrumenten-Apparaten B.V..Tradinco Instruments has around 30 employees and sales of approximately EUR 7 million..The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share..Source text for Eikon: ID:nWkr6Ph4Ft.  Full Article

Indutrade restructures Sander Meson, sees extra costs of 140 mln SEK in Q4
Wednesday, 6 Dec 2017 02:00am EST 

Dec 6 (Reuters) - Indutrade AB ::INDUTRADE CONSOLIDATES AND RESTRUCTURES OPERATIONS IN THE SANDER MESON GROUP.SAYS ‍DECIDED TO IMPLEMENT A NUMBER OF ACTIONS TO RESTORE PROFITABILITY FOR SANDER MESON GROUP, WHICH ARE ACTIVE IN MARINE SEGMENT​.SAYS ‍MARKET CONDITIONS HAVE BEEN CHALLENGING FOR COMPANIES WITHIN THIS GROUP FOR A LONG TIME​.SAYS ‍ACTIONS WILL LEAD TO RESTRUCTURING COSTS IMPACTING EARNINGS FOR Q4 OF 2017 WITH APPROXIMATELY SEK 140 MILLION, OF WHICH SEK 80 MILLION IS RELATED TO A WRITE-OFF OF INTANGIBLE ASSETS AND SEK 60 MILLION TO OTHER RESTRUCTURING COSTS​.SAYS ‍SEK 80 MILLION WRITE-OFF OF INTANGIBLE ASSETS HAVE NO CASH FLOW IMPACT​.  Full Article

Indutrade says Q3 EBITA rose to SEK 450 mln ​
Wednesday, 25 Oct 2017 07:00am EDT 

Oct 25 (Reuters) - Indutrade Ab says::Q3 ‍order intake rose 15% to SEK 3,532 million (3,082)​.Q3 ‍operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 19% to SEK 450 million (377).​.Q3 net sales rose 14% to SEK 3,633 million (3,176).​.  Full Article

Indutrade buys metal cutting tools firm Inovatools
Friday, 22 Sep 2017 02:00am EDT 

Sept 22 (Reuters) - Indutrade AB :Indutrade acquires Inovatools Group.German firm Inovatools has annual sales of approximately EUR 33 million, and around 200 employees.Inovatools, established in 1990, is a manufacturer of metal cutting tools.Acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share..  Full Article

Indutrade Q2 EBITA matches forecast
Tuesday, 25 Jul 2017 05:00am EDT 

July 25 (Reuters) - Indutrade AB :Q2 net sales rose 13% to SEK 3,749 million (3,317). For comparable units increase was 3%..Indutrade ab Q2 operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 13% to SEK 458 million (405), corresponding to an EBITA margin of 12.2% (12.2%).Says we have had a good start to year, and strong order intake gives us confidence about favourable performance also during second half of year.Reuters poll: indutrade q2 ebita was seen at 453 million sek, sales at SEK 3.7 billion.Q2 order intake rose 15% to sek 3,952 million (3,422). For comparable units increase was 4%.  Full Article