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Ratos AB (RATOb.ST)

RATOb.ST on Stockholm Stock Exchange

34.68SEK
17 Aug 2018
Change (% chg)

1.48kr (+4.46%)
Prev Close
33.20kr
Open
33.94kr
Day's High
35.42kr
Day's Low
33.08kr
Volume
4,186,638
Avg. Vol
1,198,995
52-wk High
41.61kr
52-wk Low
28.46kr

Latest Key Developments (Source: Significant Developments)

Ratos appoints Anders Slettengren as senior investment director
Friday, 16 Feb 2018 03:09am EST 

Feb 16 (Reuters) - Ratos Ab ::RATOS AB: ANDERS SLETTENGREN APPOINTED SENIOR INVESTMENT DIRECTOR AT RATOS.  Full Article

Ratos proposes unchanged dividend​
Friday, 16 Feb 2018 02:00am EST 

Feb 16 (Reuters) - Ratos AB ::SAYS ‍PROPOSED DIVIDEND SEK 2.00 PER SHARE (2.00)​.FY2017 ‍PROFIT BEFORE TAX SEK 658 MLN (-890).COMPANY HAD PRE-ANNOUNCED KEY FIGURES IN PROFIT WARNING IN EARLY FEBRUARY nASM000IVV​.  Full Article

Ratos sells Jotul in 360 mln NOK deal
Monday, 12 Feb 2018 03:09am EST 

Feb 12 (Reuters) - Ratos AB ::DIVESTS JOTUL.SAYS ‍DIVESTMENT GENERATES AN ESTIMATED NET RESULT EFFECT OF APPROXIMATELY SEK 40M​.SAYS ‍INVESTMENT HAS GENERATED A NEGATIVE AVERAGE ANNUAL RATE OF RETURN (IRR)​.SAYS ‍TO SELL ALL OF ITS SHARES IN ITS SUBSIDIARY JOTUL A/S (JOTUL), A MARKET-LEADING NORWEGIAN MANUFACTURER OF CAST-IRON STOVES AND FIREPLACES WITH GLOBAL DISTRIBUTION, TO OPENGATE CAPITAL FOR APPROXIMATELY NOK 360M (ENTERPRISE VALUE)​.SAYS ‍TRANSACTION IS EXPECTED TO BE COMPLETED DURING Q1 OF 2018​.  Full Article

Ratos appoints Jonas Wistrom new CEO, Per-Olof Soderberg new chairman
Wednesday, 13 Dec 2017 01:45am EST 

Dec 13 (Reuters) - Ratos AB ::REG-RATOS: JONAS WISTRÖM NEW CEO OF RATOS, PER-OLOF SÖDERBERG NEW CHAIRMAN OF THE BOARD.SAYS ‍MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY​.SAYS IN CONJUNCTION WITH THIS CHANGE, MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY.SAYS ‍HAS APPOINTED PER-OLOF SÖDERBERG AS COMPANY'S NEW CHAIRMAN OF BOARD​.SAYS BOARD IS NOT SATISFIED WITH RATOS'S PERFORMANCE.SAYS ‍BOARD'S ASSESSMENT IS THAT THESE CHANGES ARE NECESSARY TO ENABLE COMPANY TO CREATE VALUE​.SAYS TO SUCCEED IN IMPLEMENTING NEW STRATEGIC DIRECTION ESTABLISHED DURING YEAR, WE BELIEVE A DIFFERENT LEADERSHIP IS NEEDED.  Full Article

Ratos Jan-Sep pretax profit at 1,255 mln SEK
Tuesday, 14 Nov 2017 02:00am EST 

Nov 14 (Reuters) - Ratos :Ratos Jan-Sep ‍profit before tax sek 1,255m (-2,220) ​.Says in the third quarter, the portfolio’s earnings performance was unsatisfactory‍​.Says operational management costs are continuing to decline and we estimate that the cost level is about sek 150 mln on a yearly basis.Says to achieve higher earnings, we need to continue increasing the rate of improvement.  Full Article

Ratos says Finnish subsidiary GS-Hydro Holding files for bankruptcy
Thursday, 21 Sep 2017 02:02am EDT 

Sept 21 (Reuters) - Ratos AB :Ratos AB: GS-hydro Holding oy and its subsidiary GS-Hydro Oy file for bankruptcy.Says GS-Hydro Group has experienced liquidity and profitability problems for some time.Says these became acute when one of company's largest customers could not meet its payment commitments to a group company within GS-Hydro Group.Says on 31 december 2016, Ratos wrote down consolidated book value in GS-Hydro by SEK 160 mln to SEK 0.  Full Article

Ratos profit rises in H1, says transaction market remains strong
Thursday, 17 Aug 2017 02:00am EDT 

Aug 17 (Reuters) - Ratos AB :Jan-June ‍profit before tax SEK 514 mln vs yr-ago 7 mln.Q2 profit before tax SEK 546 mln vs year-ago 32 mln​.Says transaction market remains strong with good opportunities for Ratos to capitalise‍​.Says "current cash and bank balances allow us to maintain a high level of preparedness and opportunities to act".Says though the overall earnings trend in the portfolio improved during Q2, the performance of certain individual companies was inadequate.Says "we must continue to increase the pace of improvement to achieve higher earnings".  Full Article

Ratos says divests all shares in subsidiary Serena Properties
Friday, 30 Jun 2017 02:40am EDT 

June 30 (Reuters) - Ratos Ab says:Divests all shares in Serena Properties..Enterprise value amounts to EUr 206 million and Ratos will receive approximately EUR 50 million for its shareholding..Divestment generates an exit gain of approximately SEK 90 million and an average annual return (irr) of approximately 30% as well as a money multiple of 1.5..  Full Article

Ratos adjusts investment intervals
Monday, 12 Jun 2017 02:30am EDT 

June 12 (Reuters) - Ratos Ab :Ratos presents updated strategic agenda.Says to create greater flexibility to make new acquisitions, former lowest investment interval of SEK 250m in equity has been removed..Says goal for new acquisitions is instead that company in question must have potential to reach SEK 0.5 billion in equity in next five years.Says upper investment interval has been lowered from SEK 5 billion in equity to SEK 2 billion in equity to create a better balance and risk spread in portfolio.Says Ratos's operational management costs are expected to be approximately SEK 150m on an annual basis in future (compared with SEK 261m for 2016) excluding transaction and financing costs.Says has changed its working methods and the investment organisation is now structured in six sectors; Business Services, Construction, Consumer/Retail/Leisure, Healthcare/Lifescience, Industrials and TMT (Technology, Media, Telecom).  Full Article

Ratos says Nebula divestment generates exit gain of around 500 mln SEK
Monday, 22 May 2017 02:30am EDT 

May 22 (Reuters) - Ratos :Ratos divests Nebula to Telia Company <<>>.Says divestment generates a net exit gain of approximately SEK 500 mln.  Full Article

BRIEF-Ratos posts Q1 loss, says perfomance remains unsatisfactory

* SAYS WHILE THE DECLINE IN EARNINGS WAS LARGELY ATTRIBUTABLE TO PLANTASJEN, WHICH WAS IMPACTED BY AN UNUSUALLY COLD MARCH AND RESTRUCTURING COSTS, AND DIAB, SEVERAL OTHER COMPANIES ALSO REPORTED A NEGATIVE EARNINGS TREND