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Ratos AB (RATOb.ST)

RATOb.ST on Stockholm Stock Exchange

35.55SEK
15 Dec 2017
Change (% chg)

-0.24kr (-0.67%)
Prev Close
35.79kr
Open
35.74kr
Day's High
35.89kr
Day's Low
35.11kr
Volume
1,180,220
Avg. Vol
695,753
52-wk High
48.71kr
52-wk Low
35.11kr

Latest Key Developments (Source: Significant Developments)

Ratos appoints Jonas Wistrom new CEO, Per-Olof Soderberg new chairman
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Ratos AB ::REG-RATOS: JONAS WISTRÖM NEW CEO OF RATOS, PER-OLOF SÖDERBERG NEW CHAIRMAN OF THE BOARD.SAYS ‍MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY​.SAYS IN CONJUNCTION WITH THIS CHANGE, MAGNUS AGERVALD WILL STEP DOWN FROM RATOS EFFECTIVE IMMEDIATELY.SAYS ‍HAS APPOINTED PER-OLOF SÖDERBERG AS COMPANY'S NEW CHAIRMAN OF BOARD​.SAYS BOARD IS NOT SATISFIED WITH RATOS'S PERFORMANCE.SAYS ‍BOARD'S ASSESSMENT IS THAT THESE CHANGES ARE NECESSARY TO ENABLE COMPANY TO CREATE VALUE​.SAYS TO SUCCEED IN IMPLEMENTING NEW STRATEGIC DIRECTION ESTABLISHED DURING YEAR, WE BELIEVE A DIFFERENT LEADERSHIP IS NEEDED.  Full Article

Ratos Jan-Sep pretax profit at 1,255 mln SEK
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Ratos :Ratos Jan-Sep ‍profit before tax sek 1,255m (-2,220) ​.Says in the third quarter, the portfolio’s earnings performance was unsatisfactory‍​.Says operational management costs are continuing to decline and we estimate that the cost level is about sek 150 mln on a yearly basis.Says to achieve higher earnings, we need to continue increasing the rate of improvement.  Full Article

Ratos to book impairments of around 1.7 bln SEK in Q3
Friday, 14 Oct 2016 

Ratos Ab : says in conjunction with publication of its third-quarter report, ratos will implement considerable impairments of book values . in total, it is expected that impairment of goodwill and shares in associates attributable to owners of parent will amount to approximately sek 1.7 billion . impairment is attributable to portfolio companies of aibel, ah industries, biolin scientific, euromaint and jøtul . The total impairment attributable to the owners of the parent is expected to amount to approximately SEK 1.7 billion, of which approximately SEK 1.1 billion is attributable to the impairment of Aibel's book value. . "Some of our companies are operating under tough market conditions and are showing a weak earnings trend. To reflect the companies' market conditions, we are adapting our book values .The exact amount of the impairment will be established in the third-quarter report and will be charged to the Ratos Group's net earnings.  Full Article

Ratos says Peter Nilsson appointed new CEO of Speed Group
Wednesday, 28 Sep 2016 

Ratos AB :Ratos: Peter Nilsson appointed as new CEO of Speed Group.  Full Article

Ratos says Bisnode acquires NN Markedsdata
Wednesday, 31 Aug 2016 

Ratos Ab : Ratos: Bisnode acquires NN Markedsdata . Says purchase price of approximately DKK 80m (enterprise value) . Says Ratos will contribute about DKK 55m for its holding .The company was formed in 1997 and has 40 employees, with its head office located in Aarhus.  Full Article

Ratos Jan-June profits fall, lowers outlook
Friday, 19 Aug 2016 

Ratos AB says: Jan-June earnings trend of -9%, mainly due to the weak performance of GS-Hydro. Adjusted for the size of Ratos's holding, adjusted EBITA in the portfolio totalled SEK 624m (683) . Jan-June pretax profit 32 mln SEK (360) . Says our cautious macroeconomic view for the full year 2016 remains unchanged and we predict that the market situation will continue to vary . Says activity level in the transaction market is expected to remain high .Says earnings in the ratos portfolio declined during h1 and we have thus adjusted our expectations with respect to the earnings trend from a cautiously positive view for the full year to a slight decline in earnings.  Full Article

Ratos: says Q1 earnings trend weak, full year view unchanged
Tuesday, 10 May 2016 

Ratos Ab : Says weak earnings trend, Q1 adjusted EBITA -14% and EBITA -27%, in line with expectations . Q1 profit/share of profits from companies SEK 14m (160), a decline mainly due to changed company portfolio . Loss before tax SEK -25m (+91) . Says as expected, the first-quarter earnings trend for the Ratos portfolio was weak and our cautiously positive view for the full year is unchanged . Said in Q4 report: "For the portfolio of companies that Ratos owns at the beginning of 2016, we see that conditions exist overall for higher operating profit (adjusted for the size of Ratos's holdings) in 2016." .Says activity has picked up and the transaction market is now deemed to be strong.  Full Article

Ratos AB - Norwegian engineering firm Aibel says to cut another 500 jobs - Reuters News
Monday, 4 Apr 2016 

Ratos AB:Norwegian engineering firm Aibel will cut another 500 jobs as demand from oil firms continues to fall, the company said on Monday. - RTRS."The market situation is the direct cause," said a company spokeswoman. Before the latest round of cuts, Aibel had 4,300 employees. At its peak, it had about 6,000 employees. Aibel is owned by Norway's Ferd and Sweden's Ratos RATOb.ST and Sjatta AP-fonden.  Full Article

Ratos AB proposes a dividend for FY 2015
Thursday, 18 Feb 2016 

Ratos AB:Proposed dividend 3.25 crowns per share (3.25 crowns year ago)​.  Full Article

Ratos AB buys 70 pct of shares in airteam​
Monday, 15 Feb 2016 

Ratos AB:Says has signed an agreement to acquire about 70 pct of shares in airteam, provider of ventilation solutions in the Danish market.Says ‍purchase price (enterprise value) for 100 pct of company amounts to about 575 million Danish crowns, of which Ratos will provide equity of about 250 million crowns​.Acquisition is scheduled to be finalised at the beginning of Q2.  Full Article

REFILE-Sweden's Ratos sacks CEO as turnaround remains elusive

STOCKHOLM, Dec 13 Swedish private equity firm Ratos on Wednesday sacked its chief executive after just 13 months in the job saying it was displeased with the company's performance.