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Bufab AB (publ) (BUFAB.ST)

BUFAB.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bufab Q1 EBITA Rises To SEK 106 Million
Thursday, 26 Apr 2018 

April 26 (Reuters) - Bufab AB (publ) ::Q1 NET SALES ROSE BY 16 PERCENT TO SEK 945 MILLION (815).Q1 NET SALES ROSE BY 16 PERCENT TO SEK 945 MILLION (815).Q1 OPERATING PROFIT (EBITA) ROSE TO SEK 106 MILLION (91).  Full Article

Bufab ‍Q4 EBITA Rises To SEK 72 Million
Friday, 9 Feb 2018 

Feb 9 (Reuters) - BUFAB ::‍Q4 NET SALES ROSE BY 18 PERCENT TO SEK 828 MILLION (699), OF WHICH 14 PERCENT WAS ORGANIC​.‍Q4 ORDER INTAKE INCREASED BY 16 PERCENT AND WAS HIGHER THAN NET SALES​.‍PROPOSES RAISING DIVIDEND TO SEK 2.25 (2.00) PER SHARE​.‍GROSS MARGIN REMAINED UNDER PRESSURE FROM HIGHER RAW MATERIAL PRICES AND WAS LOWER THAN IN 2016​.‍Q4 OPERATING PROFIT (EBITA) ROSE TO SEK 72 MILLION (55)​.‍"WE HAVE TO COMPENSATE FOR HIGHER RAW MATERIAL PRICES USING PRICE INCREASES AND FURTHER STREAMLINED PURCHASING PROCESSES"​.  Full Article

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