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Mycronic AB (publ) (MYCR.ST)

MYCR.ST on Stockholm Stock Exchange

109.30SEK
17 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Mycronic Announces Anders Lindqvist New President And CEO
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Mycronic AB (publ) ::ANDERS LINDQVIST NEW PRESIDENT AND CEO OF MYCRONIC.HAS APPOINTED ANDERS LINDQVIST AS NEW PRESIDENT AND CEO OF MYCRONIC.ANDERS LINDQVIST WILL TAKE UP HIS NEW POSITION AS PRESIDENT AND CEO OF MYCRONIC NOT LATER THAN Q2 OF 2019.LINDQVIST'S MOST RECENT POSITION WAS AT PIAB GROUP, WHERE HE HAS BEEN CEO SINCE 2013.ANDERS LINDQVIST WILL REPLACE LENA OLVING, WHO IS RETIRING.  Full Article

Mycronic Q3 operating profit jumps, keeps 2018 sales forecast
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Mycronic AB (publ) ::Q3 ORDER INTAKE WAS SEK 813 (1,874) MILLION.Q3 NET SALES INCREASED 123 PERCENT TO SEK 1,096 (491) MILLION.Q3 EBIT WAS SEK 436 (66) MILLION, AN INCREASE OF 560 PERCENT.Q3 EBIT MARGIN WAS 40 (13) PERCENT.Q3 UNDERLYING EBIT WAS SEK 409 (75) MILLION, AN INCREASE OF 444 PERCENT.SAYS BOARD'S ASSESSMENT REMAINS THAT CONSOLIDATED NET SALES FOR 2018 WILL BE AT A LEVEL OF SEK 3,500 MILLION.SAYS THIS EXCLUDES ACQUISITIONS ALREADY MADE IN 2018 AS WELL AS POSSIBLE ADDITIONAL ACQUISITIONS DURING REMAINDER OF 2018.SAYS WE HAVE A PLANNED SHIPMENT OF A PREXISION-10 TO A CUSTOMER IN ASIA IN Q4, WHERE CHANGES INITIATED BY CUSTOMER TO DELIVERY CONDITIONS ENTAIL A POSTPONEMENT OF REVENUE RECOGNITION TO EARLY 2019, RATHER THAN BEFORE YEAR-END 2018.  Full Article

Mycronic Q2 EBIT Falls But Order Intake Surges
Friday, 13 Jul 2018 

July 13 (Reuters) - Mycronic AB (publ) ::Q2 EBIT AMOUNTED TO SEK 238 (315) MILLION, A DECREASE OF 24 PERCENT.Q2 ORDER INTAKE INCREASED 86 PERCENT TO SEK 870 (469) MILLION.Q2 NET SALES WAS SEK 882 (905) MILLION, A DECREASE OF 3 PERCENT CALCULATED IN SEK AND IN CONSTANT EXCHANGE RATES.SAYS BOARD'S ASSESSMENT REMAINS THAT CONSOLIDATED NET SALES FOR 2018 WILL BE AT A LEVEL OF SEK 3,500 MILLION, WITH CLARIFICATION THAT THIS EXCLUDES ACQUISITIONS ALREADY MADE IN 2018 AS WELL AS POSSIBLE ADDITIONAL ACQUISITIONS DURING THE REMAINDER OF 2018.  Full Article

Mycronic Signs SEK 2 bln Bank Financing Agreements
Monday, 14 May 2018 

May 14 (Reuters) - Mycronic AB (publ) ::MYCRONIC SIGNS SEK 2,000 MILLION BANK FINANCING AGREEMENTS.SAYS AGREEMENTS REPLACE CURRENT SEK 700 MILLION FACILITY WITH NORDEA.SAYS NEW BANK FINANCING RUNS FOR FIVE YEARS ON MARKET TERMS AND STRENGTHENS MYCRONIC'S POSITION REGARDING FUTURE ACQUISITIONS AND GROWTH.  Full Article

Mycronic Q3 EBIT drops as Assembly Solutions unit weighs
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Mycronic AB (Publ) :Q3 ‍net sales were SEK 484 (497) million.Q3 ‍order intake was SEK 1,874 (367) million​​.Q3 ‍EBIT was SEK 63 (148) million​.Q3 ‍underlying ebit was sek 72 (149) million​.Says ‍board's assessment remains, that net sales in 2017 will be at level SEK 2,800 million.​.Says ‍we are not pleased with Q3 net sales and ebit regarding business area AS (Assembly Solutions)​.Says ‍quarter was negatively affected in short term by, among other things, challenges within supply chain for ramp up of platform changes​.  Full Article

Mycronic Q4 EBIT rose to SEK 405 mln, sets new financial goals
Friday, 10 Feb 2017 

Mycronic Ab (Publ) : Q4 order intake reached SEK 518 (838) million . Q4 net sales reached till SEK 1,016 (621) million . Q4 EBIT was SEK 405 (251) million . Q4 dividend proposal to agm of SEK 2.00 (1.50) per share, according to dividend policy. . Says it is board's assessment that net sales in 2017 will be at level SEK 2,800 million. . Says dividend proposal to agm of sek 2.00 (1.50) per share, according to dividend policy. . Says we intend to double net sales once again while maintaining a good profitability . Says after the last years' favorable development, the Board and the corporate management team has decided on new financial goals . Financial goal, growth: consolidated net sales including acquisitions will reach SEK 5 billion, at the end of the period covered by the business plan, 4 to 7 years . Financial goal, profitability: EBIT will exceed 15 percent of net sales over a business cycle. . Unchanged financial goal for capital structure Link to Q4-report: http://mb.cision.com/Main/10432/2184493/626479.pdf Further company coverage: [MYCR.ST] ((Olof.Swahnberg@thomsonreuters.com;)).  Full Article