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United Kingdom

Indutrade AB (INDT.ST)

INDT.ST on Stockholm Stock Exchange

225.00SEK
16 Aug 2018
Change (% chg)

1.00kr (+0.45%)
Prev Close
224.00kr
Open
225.60kr
Day's High
226.80kr
Day's Low
224.20kr
Volume
99,514
Avg. Vol
142,441
52-wk High
250.20kr
52-wk Low
188.20kr

Latest Key Developments (Source: Significant Developments)

Indutrade Q2 EBITA up 19 pct year/year
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Indutrade AB ::Q2 ORDER INTAKE ROSE 11% TO SEK 4,391 MILLION (3,952).Q2 FOR COMPARABLE UNITS INCREASE WAS 2%..Q2 NET SALES ROSE 17% TO SEK 4,390 MILLION (3,749).Q2 FOR COMPARABLE UNITS INCREASE WAS 6%..Q2 OPERATING PROFIT BEFORE AMORTISATION OF INTANGIBLE NON-CURRENT ASSETS ATTRIBUTABLE TO ACQUISITIONS (EBITA) ROSE 19% TO SEK 543 MILLION (458).SAYS PREVAILING BUSINESS CLIMATE GIVES US CONFIDENCE ABOUT POSITIVE DEVELOPMENT ALSO DURING SECOND HALF OF YEAR.  Full Article

Indutrade Acquires Norsecraft Tec As In Norway
Friday, 20 Jul 2018 

Indutrade AB ::INDUTRADE ACQUIRES NORSECRAFT TEC AS IN NORWAY.ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE IMPACT ON INDUTRADE'S EARNINGS PER SHARE.WILL BE INCLUDED IN INDUTRADE'S BUSINESS AREA INDUSTRIAL COMPONENTS..  Full Article

Indutrade acquires Dutch Company Tradinco Instruments
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Indutrade Ab says::Has signed an agreement to acquire all of the shares in the Dutch company Tradinco Instrumenten-Apparaten B.V..Tradinco Instruments has around 30 employees and sales of approximately EUR 7 million..The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share..Source text for Eikon: ID:nWkr6Ph4Ft.  Full Article

Indutrade restructures Sander Meson, sees extra costs of 140 mln SEK in Q4
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Indutrade AB ::INDUTRADE CONSOLIDATES AND RESTRUCTURES OPERATIONS IN THE SANDER MESON GROUP.SAYS ‍DECIDED TO IMPLEMENT A NUMBER OF ACTIONS TO RESTORE PROFITABILITY FOR SANDER MESON GROUP, WHICH ARE ACTIVE IN MARINE SEGMENT​.SAYS ‍MARKET CONDITIONS HAVE BEEN CHALLENGING FOR COMPANIES WITHIN THIS GROUP FOR A LONG TIME​.SAYS ‍ACTIONS WILL LEAD TO RESTRUCTURING COSTS IMPACTING EARNINGS FOR Q4 OF 2017 WITH APPROXIMATELY SEK 140 MILLION, OF WHICH SEK 80 MILLION IS RELATED TO A WRITE-OFF OF INTANGIBLE ASSETS AND SEK 60 MILLION TO OTHER RESTRUCTURING COSTS​.SAYS ‍SEK 80 MILLION WRITE-OFF OF INTANGIBLE ASSETS HAVE NO CASH FLOW IMPACT​.  Full Article

Indutrade says Q3 EBITA rose to SEK 450 mln ​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Indutrade Ab says::Q3 ‍order intake rose 15% to SEK 3,532 million (3,082)​.Q3 ‍operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 19% to SEK 450 million (377).​.Q3 net sales rose 14% to SEK 3,633 million (3,176).​.  Full Article

Indutrade acquires Ellard Ltd
Monday, 13 Feb 2017 

Indutrade Ab : Indutrade acquires Ellard Ltd . Says acquisition is expected to have a marginally positive impact on indutrade's earnings per share . Says Ellard Ltd (www.ellard.co.uk) annual sales approximately 8.5 million . Ellard manufactures of drives, motors and controls for industrial, commercial and residential doors and shutters, complemented with a wide range of accessories .Customers are manufacturers and installation contractors of doors, shutters and gates in the UK and Ireland.  Full Article

Yit revalues book values in Housing Russia segment, books EUR 27 mln cost
Monday, 26 Sep 2016 

Yit Oyj : Revalues book values of its asset in Housing Russia segment and books cost of 27 million euros ($30.36 million) . Says is completing three-year capital release program where it has succeeded to release capital by about eur 340 million from different assets in order to strengthen its balance sheet . About 45 million euros of assets classified as slow-moving, located mainly in Russia, are yet to be released . Recognizes about 18 million euro impairment charge related to plots . Aims to achieve positive adjusted operating profit in H2 for Housing Russia segment, and according to company's estimate, adjusted operating profit will be around zero already in Q3 2016 .Says announced in Q2 interim report that it aims at positive operating result for H2 2016.  Full Article