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Solar A/S (SOLARb.CO)

SOLARb.CO on Copenhagen Stock Exchange

406.00DKK
11:02am BST
Change (% chg)

kr.-1.00 (-0.25%)
Prev Close
kr.407.00
Open
kr.402.00
Day's High
kr.406.50
Day's Low
kr.402.00
Volume
644
Avg. Vol
3,698
52-wk High
kr.430.00
52-wk Low
kr.356.00

Latest Key Developments (Source: Significant Developments)

Solar A/S Completes Divestment Of Belgian Business Activities
Tuesday, 1 May 2018 

May 1 (Reuters) - SOLAR A/S SAYS::COMPLETES DIVESTMENT OF BELGIAN BUSINESS ACTIVITIES.31 JANUARY 2018, SOLAR A/S INFORMED ABOUT MAKING AN ASSET DEAL WITH THE FRENCH SONEPAR GROUP CONCERNING THE DIVESTMENT OF THE ASSETS IN CLAESSEN ELGB NV IN BELGIUM.THIS TRANSACTION HAS NOW BEEN COMPLETED.WHEN THE REMAINING ASSETS HAVE BEEN DIVESTED WE EXPECT TO FREE UP A TOTAL OF APPROX. DKK 25M WITH A NORMALISED NET WORKING CAPITAL.THE DIVESTMENT WILL NOT CHANGE OUR PREVIOUSLY ANNOUNCED EXPECTATIONS FOR 2018.  Full Article

Solar 2017 preliminary EBITDA lower than expected
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Solar A/S ::REG-NO. 2 2018 SOLAR DISCLOSES THE PRELIMINARY RESULTS FOR 2017 AND WRITES DOWN GOODWILL AND CUSTOMER LISTS.‍PRELIMINARY EBITA AMOUNTS TO DKK 264M AGAINST EXPECTED APPROX. DKK 285M​.‍HAS DETERMINED A NEED FOR WRITE-DOWN OF ASSOCIATED BUSINESS BIMOBJECT A​.‍VALUE OF BIMOBJECT IS WRITTEN DOWN BY DKK 59M.​.WE MAINTAIN OUR EXPECTATIONS FOR REVENUE OF APPROX. DKK 11.7BN, CORRESPONDING TO ORGANIC GROWTH OF APPROX. 6 %​.  Full Article

Solar Q3 EBITA up at DKK ‍87​ mln
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - SOLAR A/S ::Q3 EBITA DKK ‍87​ MILLION VERSUS DKK 67 MILLION YEAR AGO.Q3 REVENUE DKK ‍2.77​ BILLION VERSUS DKK 2.60 BILLION YEAR AGO.‍WE NOW EXPECT 2017 REVENUE OF APPROX. DKK 11.7BN, CORRESPONDING TO ORGANIC GROWTH OF APPROX. 6%​.‍COSTS RELATED TO STRUCTURAL CHANGES ARE EXPECTED TO INCREASE WITH APPROX. DKK 15M TO A TOTAL OF DKK 35M​.  Full Article

Solar Q4 EBITA grows to DKK 102 million
Friday, 10 Feb 2017 

Solar A/S : Q4 revenue 3.01 billion Danish crowns ($431.00 million) versus 2.82 billion crowns year ago . Q4 EBITA 102 million crowns versus 99 million crowns year ago . Board of directors will propose 2016 dividends distribution of 12 crowns per share at annual general meeting, equal to a payout ratio of 70 pct . Sees 2017 revenue of about 11.4 billion crowns, equal to an organic growth of about 3 pct . Sees 2017 operational EBITA of about 345 million crowns .Expects 2017 EBITA of about 300 million crowns.  Full Article

BRIEF-Solar A/S Completes Divestment Of Belgian Business Activities

* 31 JANUARY 2018, SOLAR A/S INFORMED ABOUT MAKING AN ASSET DEAL WITH THE FRENCH SONEPAR GROUP CONCERNING THE DIVESTMENT OF THE ASSETS IN CLAESSEN ELGB NV IN BELGIUM