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Pandox AB (PANDXb.ST)

PANDXb.ST on Stockholm Stock Exchange

145.20SEK
13 Dec 2018
Change (% chg)

-1.60kr (-1.09%)
Prev Close
146.80kr
Open
147.80kr
Day's High
147.80kr
Day's Low
144.80kr
Volume
27,229
Avg. Vol
72,983
52-wk High
170.00kr
52-wk Low
135.00kr

Latest Key Developments (Source: Significant Developments)

Pandox Q3 EBITDA Sek 806 Million
Thursday, 25 Oct 2018 01:00am EDT 

Oct 25 (Reuters) - Pandox AB ::Q3 EBITDA SEK 806 MILLION VERSUS SEK 610 MILLION YEAR AGO.Q3 NET PROFIT SEK 833 MILLION VERSUS SEK 551 MILLION YEAR AGO.Q3 REVENUE FROM PROPERTY MANAGEMENT SEK 810 MILLION VERSUS SEK 589 MILLION YEAR AGO.  Full Article

Pandox Acquires The Midland Manchester
Friday, 12 Oct 2018 05:30pm EDT 

Oct 12 (Reuters) - Pandox AB ::PANDOX ACQUIRES THE MIDLAND MANCHESTER.TRANSACTION IS MADE WITH FATTAL HOTELS GROUP AS OPERATING PARTNER.TOTAL TRANSACTION VALUE AMOUNTS TO ABOUT MGBP 115.PANDOX, FOLLOWING A LEGAL REORGANISATION, WILL RETAIN PROPERTY AND HOTEL OPERATIONS WILL BE TRANSFERRED TO FATTAL.ACQUISITION IS EXPECTED TO BE FINANCED BY A NEW BANK LOAN AND EXISTING CREDIT FACILITIES.HOTEL WILL BE OPERATED BY FATTAL UNDER A REVENUE-BASED LEASE AGREEMENT.FOR 2018 THE HOTEL EXPECTED TO CONTRIBUTE EQUIVALENT OF ABOUT MSEK 69 IN RENTAL INCOME AND MSEK 66 IN NET OPERATING INCOME, ON AN ANNUALISED BASIS.ACQUISITION OF HOTEL PROPERTY IS MADE BY ACQUISITION OF SHARES IN COMPANY WITH UNDERLYING PROPERTY VALUE OF MGBP 102 ON A DEBT FREE BASIS.  Full Article

Pandox Establishes A Commercial Paper Program
Friday, 7 Sep 2018 08:30am EDT 

Pandox AB ::PANDOX ESTABLISHES A COMMERCIAL PAPER PROGRAM.HAS ESTABLISHED A COMMERCIAL PAPER PROGRAM WITH A TOTAL FRAMEWORK AMOUNT OF MSEK 3,000.TENOR OF ISSUED COMMERCIAL PAPER WILL BE BETWEEN THREE MONTHS AND ONE YEAR.  Full Article

Pandox Q2 EBITDA SEK 794 Million, Beats Expectations
Friday, 13 Jul 2018 01:00am EDT 

July 13 (Reuters) - Pandox AB ::APRIL-JUNE 2018 * REVENUE FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 791 (568).APRIL-JUNE EBITDA AMOUNTED TO MSEK 794 (594).Q2 EBITDA SEK 794 MILLION (REUTERS POLL SEK 767 MILLION).Q2 NET PROFIT SEK 764 MILLION (REUTERS POLL SEK 699 MILLION).  Full Article

Pandox Q1 EBITDA Up AT SEK 560 Million
Tuesday, 24 Apr 2018 01:00am EDT 

April 24 (Reuters) - PANDOX AB ::Q1 EBITDA SEK 560 MILLION VERSUS SEK 450 MILLION YEAR AGO.Q1 REVENUE FROM PROPERTY MANAGEMENT SEK 621 MILLION VERSUS SEK 474 MILLION YEAR AGO.  Full Article

Pandox Divests Retail Property In Brussels
Friday, 29 Dec 2017 10:00am EST 

Dec 29 (Reuters) - PANDOX AB ::(PUBL) DIVESTS RETAIL PROPERTY IN BRUSSELS.ENTERED INTO AN AGREEMENT TO DIVEST A RETAIL PROPERTY LINKED TO HOTEL BRUSSELS, FOR APPROXIMATELY MEUR 34.  Full Article

Pandox Completes Acquisition Of Hotel Portfolio In UK And Ireland
Wednesday, 20 Dec 2017 08:00am EST 

Dec 20 (Reuters) - Pandox Ab ::PANDOX AB (PUBL) HAS COMPLETED PREVIOUSLY ANNOUNCED ACQUISITION OF HOTEL PORTFOLIO IN THE UK AND IRELAND.  Full Article

Pandox evaluates conditions to carry out directed share issue
Thursday, 14 Dec 2017 11:31am EST 

Dec 14 (Reuters) - Pandox ::PANDOX EVALUATES THE CONDITIONS TO CARRY OUT A DIRECTED SHARE ISSUE.SAYS ‍HAS MANDATED ABG SUNDAL COLLIER, DNB MARKETS, HANDELSBANKEN CAPITAL MARKETS AND SKANDINAVISKA ENSKILDA BANKEN TO EVALUATE CONDITIONS FOR A DIRECTED ISSUE OF NOT MORE THAN 10,000,000 CLASS B SHARES​.SAYS ‍COMPANY INTENDS TO USE POTENTIAL PROCEEDS TO FINANCE ACQUISITIONS AND INCREASE COMPANY'S FINANCIAL FLEXIBILITY TO ENABLE CONTINUED VALUE CREATION.EIENDOMSSPAR SVERIGE AB AND CHRISTIAN SUNDT AB HAVE IN ADDITION EXPRESSED THEIR INTEREST IN SUBSCRIBING FOR SHARES CORRESPONDING TO NOT MORE THAN MSEK 225 IN TOTAL.AMF HAS EXPRESSED INTEREST IN SUBSCRIBING FOR SHARES CORRESPONDING TO NOT MORE THAN MSEK 225.ALECTA, HANDELSBANKEN FONDER AND SWEDBANK ROBUR HAVE FURTHER EXPRESSED INTEREST IN SUBSCRIBING FOR SHARES IN THE SHARE ISSUE​.  Full Article

Pandox Acquires Hotel Portfolio In The UK And Ireland
Wednesday, 13 Dec 2017 08:40am EST 

Dec 13 (Reuters) - PANDOX AB ::(PUBL) ACQUIRES HOTEL PORTFOLIO IN THE UK AND IRELAND WITH FATTAL HOTELS GROUP AS OPERATING PARTNER.‍TOTAL ACQUISITION PRICE AMOUNTS TO MGBP 800 ON A DEBT FREE BASIS,​.‍TRANSACTION IS MADE WITH FATTAL HOTELS GROUP ("LEONARDO") AS OPERATING PARTNER​.- ‍ACQUISITION IS FULLY FINANCED BY A NEW BANK LOAN, EXISTING CREDIT FACILITIES AND A LOAN FROM LEONARDO OF MGBP 120.‍WHOLE CASH EARNINGS ARE EXPECTED TO INCREASE BY APPROXIMATELY MSEK 200 DURING 2018​.  Full Article

Pandox considers acquiring hotel portfolio in UK and Ireland
Tuesday, 21 Nov 2017 02:30am EST 

Nov 21 (Reuters) - PANDOX AB ::PANDOX AB (PUBL) IS EVALUATING THE POSSIBILITIES FOR A MAJOR ACQUISITION.‍ACQUISITION CONCERNS A HOTEL PORTFOLIO FOCUSED ON LARGER CITIES IN GREAT BRITAIN AND REPUBLIC OF IRELAND​.‍CURRENT NEGOTIATIONS MAY NOT NECESSARILY LEAD TO AN AGREEMENT​.IT IS NOT CERTAIN THAT TRANSACTION WILL BE SUCCESSFULLY CONCLUDED​.  Full Article

PRESS DIGEST- British Business - Oct 15

Oct 15 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.