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Lifco AB (publ) (LIFCOb.ST)

LIFCOb.ST on Stockholm Stock Exchange

282.50SEK
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Lifco Q3 operating profit rises
Thursday, 26 Oct 2017 05:30am EDT 

Oct 26 (Reuters) - Lifco :Lifco Q3 ‍net sales increased by 11.1 percent to SEK 2,365 million​.Lifco Q3 ‍EBITA (before acquisition costs) increased by 28 percent to SEK 404 (316) million​.Says ‍we still have significant financial scope for further acquisitions, as net debt is 2.3 times EBITDA before acquisition costs​.  Full Article

Lifco core profit rises, sees room for more acquisitions
Tuesday, 18 Jul 2017 02:00am EDT 

July 18 (Reuters) - Lifco AB :Q2 EBITA, before restructuring, integration and acquisition costs, increased by 6.3 percent to SEK 433 million.Q2 net sales increased by 3.4 percent to SEK 2,453 million.Says organically, net sales decreased by 5.6 percent.Says "even after acquisitions made in 2017 we still have significant financial scope for further acquisitions".  Full Article

Lifco inks deal to buy Sweden's Pro Optix
Thursday, 22 Jun 2017 02:09am EDT 

June 22 (Reuters) - Lifco AB (Publ) :Lifco says buys Pro Optix with sales of about 62 million SEK in 2016.Says acquisition will not have any significant effect on Lifco's earnings or financial position in current financial year.  Full Article

Lifco posts organic growth of 7.5 pct in Q1
Thursday, 4 May 2017 05:30am EDT 

May 4 (Reuters) - Lifco AB (Publ) :Q1 net sales increased by 18.1 per cent to SEK 2,423 (2,051) million..Q1 organically, net sales grew by 7.5 per cent.Q1 EBITA increased by 40.6 per cent to SEK 385 (274) million.Says still have considerable financial scope for further acquisitions, as net debt remains at 2.1 times EBITDA before restructuring, integration and acquisition costs, well below our target of a net debt of less than three times EBITDA.  Full Article

Lifco Q3 adjusted EBITA increased 13 pct to SEK 316 mln
Tuesday, 25 Oct 2016 07:06am EDT 

Lifco AB (Publ) : Q3 net sales increased by 11.4 percent to SEK 2,128 (1,910) million . Says organically net sales decreased by 0.2 per cent . Q3 EBITA, before restructuring, integration and acquisition costs, increased by 12.6 percent to SEK 316 (280) million . Says, even after this year's nine consolidated businesses, we still have significant financial scope for further acquisitions Further company coverage: [LIFCOb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0) 8-700 1010;)).  Full Article

Lifco buys Norwegian supplier of LED-lighting
Monday, 29 Aug 2016 10:38am EDT 

Lifco publ AB : Has signed agreement for acquisition of majority of Norwegian company Nordesign AS . Nordesign had sales of 64 million Norwegian crowns ($7.70 million) in 2015 .Nordesign AS is supplier of LED-lighting to Scandinavian market.  Full Article

Lifco Q2 core profit up 19 pct
Friday, 15 Jul 2016 01:34am EDT 

Lifco Publ AB : Q2 net sales increased by 11.8 per cent to SEK 2,373 (2,122) million. Organically, net sales grew by 3.9 per cent . Q2 ebita. increased by 19.4 per cent to SEK 407 (341) million Further company coverage: [LIFCOb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Lifco Q1 EBITA increases to SEK 274 mln
Thursday, 12 May 2016 05:06am EDT 

Lifco Publ AB : Q1 net sales increased by 17.3 per cent to SEK 2,051 (1,748) million . Q1 net sales grew organically by 8.9 per cent . Q1 EBITA increased by 13.3 per cent to SEK 274 (242) million . Says have significant financial scope for new acquisitions as net debt in relation to EBITDA is at lower end of range of our objective, which is a net debt of two to three times EBITDA For the original story click here: http://mb.cision.com/Main/5431/2007837/514902.pdf Further company coverage: [LIFCOb.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Lifco proposes SEK 3.00 per share as dividend for 2015
Monday, 22 Feb 2016 05:30am EST 

Lifco AB:Says ‍a dividend per share of 3.00 Swedish crowns is proposed for 2015, corresponding to a total of 272.5 million crowns.Paid dividend of 2.60 crowns per share for 2014​.  Full Article

Lifco acquires Norwegian Cenika
Friday, 22 Jan 2016 08:15am EST 

Lifco AB:Has signed an agreement to acquire the majority of Norwegian Cenika AS, a supplier of low voltage electrical supplies.In 2015, Cenika's sales amounted to about 160 million Norwegian crowns ($18.28 million).Cenika sells its own brand CenTech and the Chinese brand Chint directly to the professional power industry in Norway and Sweden.The company will be consolidated in the division Relining within business area Systems Solutions​.  Full Article

BRIEF-Lifco Q3 operating profit rises

* Lifco Q3 ‍net sales increased by 11.1 percent to SEK 2,365 million​