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Cavotec SA (CVTEC.ST)

CVTEC.ST on Stockholm Stock Exchange

24.20SEK
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Cavotec ‍Q3 EBIT ex-items falls to EUR 0.8 million ​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - CAVOTEC SA :‍Q3 EBIT EXCLUDING NON-RECURRING ITEMS AMOUNTED TO EUR 0.8 MILLION (3Q16: 1.5)​.Q3 REVENUE EUR 52.2‍​ MILLION VERSUS EUR 51.3 MILLION YEAR AGO.‍Q3 ORDER BOOK DECREASED 2.9% TO EUR 97.5 MILLION (3Q16: 100.4)​.Q3 ORDER INTAKE EUR 39.1 MILLION VERSUS EUR 46.5 MILLION YEAR AGO‍​.WE CONTINUE TO SEE 2017 AS A TRANSITIONAL YEAR‍​.EXPECTS MODEST REVENUE GROWTH FOR 2017 OVERALL COMPARED WITH LAST YEAR.  Full Article

Cavotec appoints Mikael Norin new CEO
Friday, 10 Feb 2017 

Cavotec SA : Mikael Norin has been appointed CEO of Cavotec Group . Mikael Norin will join Cavotec on May 1, 2017 and will, after a transition period, assume full responsibility as CEO on July 1, 2017 .Mikael Norin will replace Ottonel Popesco.  Full Article

Cavotec Q2 EBIT rises to EUR 7.5 million versus
Thursday, 4 Aug 2016 

Cavotec SA : Revenues for Q2 decreased 8.3 pct to 53.9 million euros ($60 million) . Q2 order intake 50.3 million euros versus 62.4 million euros year ago .Q2 EBIT 7.5 million euros versus 2.3 million euros year ago.  Full Article

Cavotec wins order for 16 AMP systems
Monday, 25 Jul 2016 

Cavotec SA : Says Q3 started strongly with order for 16 AMP systems for six new-build 13,500 TEU container vessels .Says during H1 and first weeks of Q3 has won orders with total value of about 11.5 million euros ($12.61 million).  Full Article

Cavotec completes its repurchase of own shares
Friday, 17 Jun 2016 

Cavotec SA : Says has completed its repurchase of own shares . In total, 150,000 shares were repurchased, corresponding to 0.19% per cent of total number of outstanding shares in company .Company currently holds 162,022 own shares.  Full Article

Cavotec gets order for MoorMaster in Finland
Tuesday, 14 Jun 2016 

Cavotec SA :Registers second order for combined MoorMaster and battery charging system for hybrid passenger ferry application in Finland.  Full Article

Michael Colaco sells 2.8 mln Cavotec shares to pay $6.7 mln to Cavotec SA
Wednesday, 18 May 2016 

Cavotec SA : Michael Colaco sold 2.8 million shares in Cavotec SA in order to pay $6.7 million pursuant to the court judgment entered in favour of Cavotec in a lawsuit in the Orange County Superior Court in California, USA .Payment made by Colaco will positively affect the Company’s Q2 results by approximately $5.8 million.  Full Article

Bure Equity acquires 2.8 mln shares in Cavotec SA
Tuesday, 17 May 2016 

Bure Equity AB : Has acquired 2,750,000 shares in Cavotec SA .After transaction Bure Equity owns 16.6 percent in Cavotec.  Full Article

Cavotec to buy own shares
Tuesday, 10 May 2016 

Cavotec SA : Has resolved to repurchase own shares . In event of fully executed share repurchase program, Cavotec will hold no more than 162,022 own shares .Share repurchases shall be executed prior to July 3.  Full Article

Cavotec Q1 EBIT loss decreases to EUR 2.5 million
Tuesday, 10 May 2016 

Cavotec SA : Q1 revenue 46.1 million euros ($52.46 million) versus 41.3 million euros year ago . Q1 EBIT loss 2.5 million euros versus loss 3.6 million euros year ago .End-Q1 order book 108.9 million euros versus 98.4 million euros year ago.  Full Article