Edition:
United Kingdom

Probi AB (PROB.ST)

PROB.ST on Stockholm Stock Exchange

392.80SEK
16 Oct 2018
Change (% chg)

0.00kr (+0.00%)
Prev Close
392.80kr
Open
393.00kr
Day's High
393.00kr
Day's Low
377.40kr
Volume
7,789
Avg. Vol
6,347
52-wk High
516.00kr
52-wk Low
298.50kr

Latest Key Developments (Source: Significant Developments)

Probi Q2 Operating Profit Falls To SEK 28.2 Million
Monday, 13 Aug 2018 

Aug 13 (Reuters) - Probi AB ::Q2 NET SALES INCREASE TO MSEK 153.Q2 OPERATING PROFIT SEK 28.2 MILLION VERSUS SEK 31.1 MILLION YEAR AGO.SAYS CAN CONFIRM OUR EXPECTATIONS FOR 2018 TO GENERATE PROFITABLE QUARTER-ON-QUARTER ORGANIC GROWTH IN THE SECOND HALF OF THE YEAR.  Full Article

Probi Signs Agreement For Product Launch In North America
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - PROBI ::SIGNED MAJOR AGREEMENT FOR LAUNCH OF FUNCTIONAL FOOD PRODUCT IN NORTH AMERICA.- ‍AGREEMENT IS EXPECTED TO HAVE SIGNIFICANT IMPACT ON FUTURE REVENUES AND EARNINGS IN PROBI'S FUNCTIONAL FOOD BUSINESS AREA​.‍LAUNCH OF PRODUCT IS PLANNED FOR SECOND HALF OF 2019 IN NORTH AMERICAN MARKET​.  Full Article

Probi Q3 operating profit down at SEK 16.6‍​ million
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - PROBI ::Q3 NET SALES SEK ‍​133.5 MILLION VERSUS SEK 89.2 MILLION YEAR AGO.Q3 OPERATING PROFIT SEK 16.6‍​ MILLION VERSUS SEK 30.7 MILLION YEAR AGO.  Full Article

Probi says no longer expects to hit organic growth goal in 2017
Monday, 4 Sep 2017 

STOCKHOLM, Sept 4 (Reuters) - Probi : :Says goal to organically grow faster than the global market is unlikely to be met in 2017.Says has been informed that one of its largest customers in the North American market is continuing its previously introduced destocking program, now as a result of over purchases and safety stock reduction.Says it is expected that the destocking will continue during the second half of 2017 and the first quarter of 2018.Says it is expected that this will affect net sales negatively with approximately MSEK 50 per quarter over said period compared with corresponding periods 2016 and 2017.  Full Article

BRIEF-Probi Q1 Net Sales Fall To SEK 119.2 Million

* Q1 OPERATING PROFIT SEK 4.4 MILLION VERSUS SEK 48.7 MILLION YEAR AGO