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Bufab AB (publ) (BUFAB.ST)

BUFAB.ST on Stockholm Stock Exchange

104.25SEK
12 Dec 2017
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0.50kr (+0.48%)
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Latest Key Developments (Source: Significant Developments)

Bufab buys Kian Soon Mechanical Components Pte Ltd
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Bufab ::ACQUIRES KIAN SOON MECHANICAL COMPONENTS PTE LTD.HAS SIGNED AN AGREEMENT TO ACQUIRE ALL OUTSTANDING SHARES IN KIAN SOON MECHANICAL COMPONENTS PTE LTD IN SINGAPORE , WITH ANNUAL SALES OF APPROXIMATELY SGD 17 MILLION.SAYS ACQUISITION WILL BE FINANCED WITHIN BUFAB'S EXISTING CREDIT FACILITIES.SAYS PURCHASE PRICE, ON AN "ENTERPRISE VALUE" BASIS, AMOUNTS TO APPROXIMATELY 85 MILLION SWEDISH CROWNS UPON CLOSING OF THE TRANSACTION.SAYS AN ADDITIONAL APPROXIMATELY 25 MILLION SWEDISH CROWNS WILL BE PAID IN 2019 CONDITIONAL ON A STABLE FINANCIAL DEVELOPMENT.SAYS FINALLY, A PERFORMANCE-RELATED PURCHASE CONSIDERATION OF A MAXIMUM OF 20 MILLION SWEDISH CROWNS MAY BE PAID IN 2021, CONDITIONAL ON AN IMPROVED PROFIT.SAYS ACQUISITION IS EXPECTED TO CONTRIBUTE MARGINALLY TO BUFAB'S EARNINGS PER SHARE STARTING FROM THE FIRST QUARTER OF 2018.  Full Article

Bufab Q3 operating profit up at SEK ‍68​ million
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - BUFAB :Q3 OPERATING PROFIT SEK ‍68​ MILLION VERSUS SEK 66 MILLION YEAR AGO.Q3 NET SALES SEK ‍735​ MILLION VERSUS SEK 668 MILLION YEAR AGO.  Full Article

Bufab sets new financial targets
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Bufab :New financial targets for Bufab​.Says ‍targets average annual revenue growth of 10 percent, through organic growth as well as acquisitions​.Says ‍targets operating margin (EBITA) of 12 percent over a business cycle​.Says ‍targets dividend of 30-60 percent of annual net profit.Says new targets imply increased growth and more flexibility for value-creating acquisitions​.  Full Article

Bufab Q2 operating profit rises 41 pct yr/yr
Tuesday, 19 Jul 2016 

Bufab : Q2 net sales rose by 15 percent to sek 762 million (661). . Q2 organic growth was 5 percent . Q2 operating profit rose to sek 82 million (58) and operating margin to 10.8 percent (8.8) . Says result of brexit vote had a negligible effect on bufab's earnings in period .Says while uncertainty in terms of demand in uk and europe has increased, we have yet to see any concrete effects..  Full Article

Bufab Holding AB acquires Magnetfabriken
Thursday, 3 Mar 2016 

Bufab Holding AB:Says has acquired Magnetfabriken AB, a supplier of magnets and magnet systems in the Nordic region​.Acquisition has taken immediate effect, and will be reported in Bufab's segment Sweden​.Magnetfabriken has annual sales of just under 20 million Swedish crowns and six employees‍​.  Full Article

Bufab proposes dividend 2015 forsek 1.70/shr
Friday, 26 Feb 2016 

Bufab Holding AB:Bufab says ‍board proposes an increase in dividends for 2015 to sek 1.70 (1.50) per share.​.  Full Article

‍Liljedahl Group AB buys 10.1 pct shares in Bufab publ AB​
Monday, 25 Jan 2016 

Bufab Holding AB:‍Liljedahl Group AB buys 10.1 pct shares in Bufab publ AB​.  Full Article