Haldex AB (HLDX.ST)
22 May 2018
* SAYS WE BELIEVE THAT NET SALES FOR 2018 WILL INCREASE COMPARED TO 2017
* CEO SAYS STILL LOOKING AT OPTIONS, BUT IPO IS PRIORITY OPTION
STOCKHOLM, Feb 14 Swedish brake systems maker Haldex reported a rise in fourth-quarter core earnings on Wednesday but said investments in development and expansion in North America and China would hold back profitability in 2018.
* HALDEX ANNUAL STATEMENT, JANUARY - DECEMBER 2017: STRONG END TO THE YEAR
* Deal could value Knorr-Bremse at up to 15 bln euros (Adds bookrunner mandates, background)