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Addtech AB (ADDTb.ST)

ADDTb.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Addtech Acquires Elsystem I Perstorp
Tuesday, 1 Sep 2020 

Sept 1 (Reuters) - Addtech AB ::ADDTECH ACQUIRES ELSYSTEM I PERSTORP AB.ADDTECH AUTOMATION, A BUSINESS AREA IN ADDTECH GROUP, HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN ELSYSTEM I PERSTORP AB.CLOSING WILL TAKE PLACE TODAY AND ACQUISITION.ELSYSTEM HAS 18 EMPLOYEES AND SALES OF AROUND 40 MSEK..DEAL IS ESTIMATED TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.  Full Article

Addtech Acquires Fluidcontrol Oy
Friday, 21 Aug 2020 

Aug 21 (Reuters) - Addtech AB ::ADDTECH ACQUIRES FLUIDCONTROL OY.CLOSING IS EXPECTED TO TAKE PLACE BEGINNING OF SEPTEMBER.DEAL IS ESTIMATED TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.ACQUIRES FLUIDCONTROL WITH 20 EMPLOYEES AND SALES OF ABOUT EUR 4 MILLION.UNIT ADDTECH COMPONENTS HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN FLUIDCONTROL OY.  Full Article

All Addtech Companies Back In Operation After The IT Attack
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - Addtech AB ::ALL ADDTECH COMPANIES BACK IN OPERATION AFTER THE IT ATTACK.INITIAL PRELIMINARY ESTIMATE SHOWS THAT DATA BREACH WILL HAVE AN EFFECT ON EBITA IN FISCAL YEAR 2019/2020 WITH APPROXIMATELY 150 MILLION SEK.MORE DETAILED DISTRIBUTION BETWEEN DIRECT COSTS AND EFFECTS OF LOSS OF INCOMETO BE COMMUNICATED AS SOON AS POSSIBLE BEFORE REPORTING Q3 ON FEBRUARY 5, 2020.ATTACK HAS CAUSED SOME DATA LOSSES, BUT NOT TO A SIGNIFICANT EXTENT IN TERMS OF GROUP AS A WHOLE.LIQUIDITY REMAINS GOOD IN GROUP AS A WHOLE.  Full Article

Addtech Q1 EBITA Up By 31% At SEK 341 Mln
Friday, 12 Jul 2019 

July 12 (Reuters) - Addtech AB ::INTERIM REPORT Q1 1 APRIL - 30 JUNE 2019.Q1 NET SALES INCREASED BY 22 PERCENT AND AMOUNTED TO SEK 2,934 MILLION (2,395).Q1 OPERATING PROFIT BEFORE AMORTISATION OF INTANGIBLE NON-CURRENT ASSETS (EBITA) INCREASED BY 31 PERCENT AND AMOUNTED TO SEK 341 MILLION (260).  Full Article

Addtech Acquires Thiim A/S
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Addtech AB ::ADDTECH ACQUIRES THIIM A/S.CLOSING WILL TAKE PLACE TODAY.CLOSING WILL TAKE PLACE TODAY AND IS ESTIMATED TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR..ADDTECH AUTOMATION, A BUSINESS AREA IN ADDTECH GROUP, HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN THIIM A/S.  Full Article

Addtech Acquires Thurne Teknik
Thursday, 21 Mar 2019 

March 21 (Reuters) - Addtech AB ::ADDTECH ACQUIRES THURNE TEKNIK AB.HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN THURNE TEKNIK AB.THURNE TEKNIK HAS 19 EMPLOYEES AND SALES OF AROUND SEK 100 MILLION.ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE.CLOSING IS ESTIMATED TO TAKE PLACE IN BEGINNING OF APRIL.  Full Article

Addtech Buys Omni Ray AG
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Addtech AB ::ADDTECH ACQUIRES SWISS AUTOMATION COMPANY OMNI RAY AG AND CREATES NEW BUSINESS AREA; AUTOMATION.ADDTECH ACQUIRES SWISS AUTOMATION COMPANY OMNI RAY AG AND CREATES NEW BUSINESS AREA; AUTOMATION.ACQUISITION IS EXPECTED TO TAKE EFFECT AT BEGINNING OF APRIL.HAS ALSO DECIDED TO CREATE A NEW BUSINESS AREA NAMED AUTOMATION TO BE EFFECTED AS OF APRIL 1, 2019.HAS TODAY SIGNED AN AGREEMENT TO AQUIRE MAJORITY OF SHARES OUTSTANDING IN SWISS AUTOMATION COMPANY OMNI RAY AG.OMNI RAY AG IS A ZÜRICH-BASED TECHNICAL TRADING COMPANY AND SERVICE PROVIDER.IT IS ESTIMATED ACQUISITION WILL HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING NEXT FINANCIAL YEAR.  Full Article

Addtech Q3 EBITA Rises To SEK 246 Million
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Addtech AB ::INTERIM REPORT Q3 1 APRIL - 31 DECEMBER 2018.Q3 NET SALES INCREASED BY 26 PERCENT AND AMOUNTED TO SEK 2,551 MILLION (2,030)..Q3 EBITA INCREASED BY 29 PERCENT AND AMOUNTED TO SEK 246 MILLION.SAYS OUR UK UNITS ARE EXPERIENCING A DEGREE OF BREXIT-RELATED UNCERTAINTY.BOTH ACQUISITIONS AND HIGHER SALES CONTRIBUTED TO IMPROVED EBITA MARGIN.  Full Article

Addtech Acquires Denmark's Birepo
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Addtech AB ::ADDTECH ACQUIRES BIREPO A/S.CLOSING IS ESTIMATED TO TAKE EFFECT IN BEGINNING OF FEBRUARY 2019 A.ADDTECH - ADDTECH COMPONENTS, A BUSINESS AREA IN ADDTECH GROUP, SIGNED AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN BIREPO A/S.ACQUISITION TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR..ACQUIRES BIREPO A/S WITH SALES OF AROUND DKK 25 MILLION.  Full Article

Addtech Q2 Operating Profit Rises To SEK 226 Million
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Addtech AB ::Q2 NET SALES INCREASED BY 24 PERCENT AND AMOUNTED TO SEK 2,338 MILLION (1,892)..Q2 OPERATING PROFIT INCREASED BY 25 PERCENT AND AMOUNTED TO SEK 226 MILLION (181).  Full Article

BRIEF-Addtech Updates On The Corona Pandemic

* DEMAND IN Q4 HAS REMAINED GOOD IN MANY MARKETS AND GEOGRAPHIES