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Lifco AB (publ) (LIFCOb.ST)

LIFCOb.ST on Stockholm Stock Exchange

320.50SEK
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Lifco Acquires Norwegian Operation For Interiors For Service Vehicles
Friday, 18 May 2018 02:08am EDT 

May 18 (Reuters) - Lifco AB (publ) ::LIFCO ACQUIRES NORWEGIAN OPERATION FOR INTERIORS FOR SERVICE VEHICLES.HAS SIGNED AN AGREEMENT TO ACQUIRE TOOLPACK AS'S OPERATION FOR INTERIORS FOR SERVICE VEHICLES.ACQUIRED OPERATION HAD SALES OF ABOUT 40 MNOK IN 2017 AND HAS AROUND 15 EMPLOYEES.ACQUISITION WILL NOT HAVE ANY SIGNIFICANT EFFECT ON LIFCO'S EARNINGS OR FINANCIAL POSITION IN CURRENT FINANCIAL YEAR.  Full Article

Lifco Q1 operating profit rises
Tuesday, 24 Apr 2018 05:30am EDT 

April 24 (Reuters) - Lifco AB (publ) ::Q1 NET SALES INCREASED BY 10.4 PER CENT TO SEK 2,674 (2,423) MILLION..Q1 EBITA* INCREASED BY 8.6 PER CENT TO SEK 418 (385) MILLION.SAYS HAS A GOOD FINANCIAL POSITION AND AMPLE FINANCIAL SCOPE FOR FURTHER ACQUISITIONS.SAYS ORGANICALLY, NET SALES DECREASED BY 0.6 PER CENT.SAYS IN MANY OF OUR MANUFACTURING UNITS WE WERE AFFECTED BY INCREASED DELIVERY TIMES AND DELAYS AMONG OUR SUBCONTRACTORS.  Full Article

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 Q4 EBITA rises
Wednesday, 15 Feb 2017 06:06am EST 

Lifco Ab (Publ) : Says a dividend of sek 3.50 (3.00) per share is proposed, representing a total distribution of sek 318.0 (272.5) million . Q4 net sales increased by 14.8 per cent to sek 2,435 (2,121) million . Organically, net sales decreased by 1.6 per . Q4 EBITA increased by 17.8 per cent to sek 380 (323) million .Says even after acquisitions made in 2016 we still have significant financial scope for further acquisitions.  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

BRIEF-Lifco Q4 EBITA up sharply yr/yr​

* Q4 ‍NET SALES INCREASED BY 14.5 PER CENT TO SEK 2,789 (2,435) MILLION.​