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Ekornes ASA (EKO.OL)

EKO.OL on Oslo Stock Exchange

137.60NOK
17 Sep 2018
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Latest Key Developments (Source: Significant Developments)

QuMei Completes Voluntary Offer For Shares Of Ekornes
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Ekornes ASA ::QUMEI COMPLETES VOLUNTARY OFFER FOR THE SHARES OF EKORNES ASA.EKORNES ASA - QUMEI INVESTMENT AS INTENDS TO INITIATE A COMPULSORY ACQUISITION OF REMAINING OUTSTANDING SHARES OF EKORNES.  Full Article

Ekornes: Final Result Of Qumei's Voluntary Offer For All Issued And Outstanding Shares In Co
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Ekornes ASA ::FINAL ACCEPTANCE LEVEL IS 32,557,596 SHARES, REPRESENTING APPROXIMATELY 88.25% OF TOTAL SHARES AND VOTING RIGHTS OF EKORNES.FINAL RESULT OF QUMEI'S VOLUNTARY OFFER FOR ALL ISSUED AND OUTSTANDING SHARES IN EKORNES ASA.FOLLOWING SETTLEMENT OF VOLUNTARY OFFER, QUMEI INVESTMENT AS INTENDS TO INITIATE A COMPULSORY ACQUISITION OF REMAINING OUTSTANDING SHARES OF EKORNES.QUMEI INVESTMENT INTENDS TO PROPOSE THAT APPLICATION IS FILED WITH OSLO STOCK EXCHANGE TO DE-LIST SHARES OF EKORNES.QUMEI AND QUMEI RUNTO S.À.R.L. (LUXEMBOURG) WILL UPON COMPLETION OF VOLUNTARY OFFER CONTROL 36,299,608 SHARES AND VOTING RIGHTS REPRESENTING ABOUT 98.39% OF TOTAL SHARES AND VOTING RIGHTS IN EKORNES.  Full Article

Ekornes Q2 Operating Result Rises To NOK 138.0 Million
Friday, 13 Jul 2018 

July 13 (Reuters) - Ekornes ASA ::EKORNES SECOND QUARTER 2018 RESULTS.TURNOVER WAS NOK 797.8 MILLION IN QUARTER, UP ALMOST FIVE PERCENT FROM SAME PERIOD LAST YEAR.OPERATING RESULT (EBIT) FOR Q2 OF 2018 WAS NOK 138.0 MILLION, COMPARED TO NOK 71.1 MILLION IN CORRESPONDING QUARTER OF 2017..  Full Article

Ekornes: Qumei Runto Buys 2.1 Mln Shares In Ekornes
Friday, 22 Jun 2018 

June 22 (Reuters) - Ekornes ASA ::QUMEI RUNTO S.À.R.L. (LUXEMBOURG) HAS TODAY ACQUIRED 2,079,464 SHARES IN EKORNES ASA ("EKORNES").TOTAL NUMBER OF SHARES HELD BY QUMEI RUNTO S.À.R.L. (LUXEMBOURG) TO 3,742,012 SHARES.  Full Article

Ekornes: Board Recommends Cash Offer From Qumei Home Furnishing Group Co Ltd And Huatai to acquire all shares of Ekornes
Wednesday, 23 May 2018 

May 23 (Reuters) - Ekornes ASA ::BOARD RECOMMENDS CASH OFFER FROM QUMEI HOME FURNISHING GROUP CO LTD AND.VOLUNTARY CASH OFFER FOR ALL OUTSTANDING SHARES IN EKORNES ASA OF NOK 139 PER SHARE FROM QUMEI HOME FURNISHING.PREMIUM OF 28.4% TO 60 BUSINESS DAYS VOLUME WEIGHTED AVERAGE SHARE PRICE OF EKORNES FOR PERIOD ENDING ON 22 MAY.SHAREHOLDERS REPRESENTING 25.65% OF SHARES HAVE GIVEN PRE-ACCEPTANCES TO VOLUNTARY OFFER.BOARD OF DIRECTORS OF EKORNES UNANIMOUSLY RECOMMENDS VOLUNTARY OFFER.QUMEI, HUATAI AND EKORNES HAVE ENTERED INTO A TRANSACTION AGREEMENT REGARDING ACQUISITION OF EKORNES BY OFFEROR.VOLUNTARY OFFER, WILL BE COMPLETED THROUGH A SUBSIDIARY, QUMEI INVESTMENT AS.VOLUNTARY OFFER VALUES TOTAL SHARE CAPITAL OF EKORNES AT APPROXIMATELY NOK 5.1 BILLION..OFFEROR INTENDS TO PROPOSE TO GENERAL MEETING THAT MR. ZHAO IS ELECTED CHAIRMAN OF BOARD.  Full Article

Ekornes Q1 Earnings Before Tax Rises To NOK 120.5 Million
Tuesday, 24 Apr 2018 

April 24 (Reuters) - EKORNES ASA ::Q1 GROSS OPERATING REVENUES NOK 828.9 MILLION VERSUS NOK 804.5 MILLION YEAR AGO.Q1 EARNINGS BEFORE TAX NOK 120.5 MILLION VERSUS NOK 81.9 MILLION YEAR AGO.  Full Article

Ekornes ‍Q3 adjusted EBIT down at NOK 94.9 million
Friday, 27 Oct 2017 

Oct 27 (Reuters) - EKORNES ASA :‍Q3 ADJUSTED EBIT TOTALED NOK 94.9 MILLION, DOWN FROM NOK 111.2 MILLION IN Q3 2016​.Q3 ‍GROSS OPERATING REVENUES WAS NOK 662.6 MILLION, DOWN FROM NOK 712.8 MILLION IN CORRESPONDING PERIOD IN 2016​.  Full Article

Ekornes Q4 EBIT down at NOK 8.7 million
Thursday, 16 Feb 2017 

Ekornes ASA : Operating revenues of 752.6 million Norwegian crowns ($90 million) for Q4 of 2016, down 4.4 pct . Q4 EBIT 8.7 million crowns versus 60.6 million crowns year ago . Decline in reported EBIT is mainly due to increased recognized costs as a result of changes made to calculation of cost of goods sold .Board proposes to pay a dividend of 6.00 crowns per share for 2016.  Full Article

Deals of the day-Mergers and acquisitions

May 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: