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Asiakastieto Group Plc (ATG1V.HE)

ATG1V.HE on Helsinki Stock Exchange

27.80EUR
19 Mar 2019
Change (% chg)

€0.20 (+0.72%)
Prev Close
€27.60
Open
€27.70
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€28.20
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€27.70
Volume
6,528
Avg. Vol
16,803
52-wk High
€32.60
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€22.00

Latest Key Developments (Source: Significant Developments)

Asiakastieto Group Updates Long-Term Financial Targets
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP UPDATES ITS LONG-TERM FINANCIAL TARGETS.LONG-TERM TAGET FOR GROWTH: ACHIEVE 5-10 PER CENT AVERAGE GROWTH IN NET SALES.UPDATED PROFITABILITY TARGET: ACHIEVE A RATE OF EBITDA GROWTH THAT EXCEEDS PERCENTAGE GROWTH OF NET SALES.TAGET: MAINTAIN NET DEBT TO EBITDA OF LESS THAN 3X WHILE CONTINUING TO MAINTAIN AN EFFICIENT CAPITAL STRUCTURE.PREVIOUS TARGETS: ACHIEVE 5-10 PERCENT AVERAGE GROWTH IN NET SALES, MAINTAIN PROFITABILITY OF CURRENT SERVICES AT CURRENT LEVEL.  Full Article

Asiakastieto Q4 EBIT Rises To EUR 7.1 Million
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP'S FINANCIAL STATEMENT RELEASE 2018: BECOMING THE LEADING DIGITAL INFORMATION SERVICE COMPANY IN THE NORDIC REGION.Q4 NET SALES EUR 35.9 MILLION VERSUS EUR 14.6 MILLION YEAR AGO.PROPOSES DIVIDEND OF EUR 0.95 PER SHARE.Q4 OPERATING PROFIT (EBIT) WAS EUR 7,1 MILLION (EUR 4,7 MILLION)..EXPECTS CAPITALISED PRODUCT DEVELOPMENT AND SOFTWARE EXPENSES IN 2019 TO EXCEED 2018 LEVEL ON A PRO FORMA BASIS..ASIAKASTIETO - SEES NET SALES GROWTH IN 2019 TO BE IN MIDDLE OF RANGE OF ITS LONG-TERM TARGET (5-10 %) OR SLIGHTLY BELOW IT COMPARED TO PREVIOUS YEAR'S PRO FORMA NET SALES.ASIAKASTIETO GROUP - EXPECTS ITS ADJUSTED EBITDA, EXCLUDING EFFECT OF IFRS 16 TRANSITION, TO GROW IN 2019 AT PERCENT RATE THAT EXCEEDS RATE OF NET SALES GROWTH COMPARED TO PREVIOUS YEAR'S PRO FORMA ADJUSTED EBITDA.  Full Article

Asiakastieto Group Outsources Its Telemarketing Unit In Sweden
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP OUTSOURCES ITS TELEMARKETING UNIT IN SWEDEN.AND UC AFFÄRSFAKTA AB HAVE UNDERSIGNED A LETTER OF INTENT ON OUTSOURCING OF THEIR TELEMARKETING UNIT.AT MOMENT AFFÄRSFAKTA HAS APPROXIMATELY 120 EMPLOYEES, AND IT OPERATES IN FOUR LOCATIONS IN SWEDEN.INTENTION IS TO SIGN OUTSOURCING CONTRACT DURING Q1 IN 2019.EMPLOYEES WILL BE TRANSFERRED TO EMPLOYMENT OF NEW COMPANY.OUTSOURCING IS PLANNED TO BE FINALISED BY END OF Q3 OF YEAR.OUTSOURCING IS PLANNED TO BE FINALISED BY END OF Q3 OF YEAR, AT LATEST..OUTSOURCING IS PLANNED TO BE FINALISED BY END OF Q3 OF YEAR, AT LATEST.  Full Article

Asiakastieto Group Finalizes Negotiations With Employee Representatives
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP HAS NOW FINALIZED THE NEGOTIATIONS WITH EMPLOYEE REPRESENTATIVES FOR THE NEW ORGANISATION.PLANNED GROSS HEADCOUNT DECREASE IS DONE IN ACCORDANCE WITH STOCK EXCHANGE RELEASE ISSUED ON AUG 14 ID:nGNE53p66N.  Full Article

Asiakastieto Q2 Adjusted EBITDA At EUR 6.6 Million
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - ASIAKASTIETO GROUP PLC ::REG-PRELIMINARY INFORMATION ON ASIAKASTIETO GROUP'S RESULT FOR Q2 AND HALF YEAR PERIOD OF 2018.Q2 NET SALES AMOUNTED TO EUR 15,7 MILLION (EUR 14,4 MILLION), AN INCREASE OF 8,9 %..Q2 ADJUSTED EBITDA WAS EUR 6,6 MILLION (EUR 6,6 MILLION), AN INCREASE OF 0,6 %..Q2 ADJUSTED EBIT WAS EUR 5,6 MILLION (EUR 5,9 MILLION), A DECREASE OF 3,9 %..EXPECTS ITS OPERATING ENVIRONMENT TO REMAIN STABLE IN 2018 IN ITS KEY MARKETS IN FINLAND AND SWEDEN.  Full Article

Finland's Asiakastieto to buy UC AB from Nordic banks
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Nordea ::TO DIVEST ITS SHARES IN UC AB.FINNISH CREDIT INFORMATION COMPANY ASIAKASTIETO HAS ENTERED INTO AN AGREEMENT WITH ALL OWNERS OF UC AB, INCLUDING NORDEA, TO ACQUIRE UC AT A PRICE AMOUNTING TO ABOUT 340 MILLION EURO.OWNS 26.1 % OF SHARES IN UC AND WILL RECEIVE 2,303,315 SHARES IN ASIAKASTIETO, EQUIVALENT TO 9.6 % OF SHARES IN COMPANY AFTER COMPLETION OF TRANSACTION, AND APPR. 26 MILLION EURO IN CASH.TRANSACTION RESULTS IN A CAPITAL GAIN AMOUNTING TO APPR. 86 MN EURO FOR NORDEA, EXPECTED TO BE RECOGNISED IN RESULT IN Q2.TRANSACTION IS SUBJECT TO APPROVAL FROM BOARD OF ASIAKASTIETO TO, AMONG OTHER THINGS, ISSUE NEW SHARES (TO BE SUBSCRIBED FOR BY NORDEA AND OTHER SELLERS), RELEVANT APPROVAL FROM COMPETITION AUTHORITIES AND CERTAIN OTHER CONDITIONS.  Full Article

Handelsbanken Sells Its Shares In UC
Tuesday, 24 Apr 2018 

April 24 (Reuters) - :HANDELSBANKEN SELLS ITS SHARES IN UC.HANDELSBANKEN IS SELLING ITS SHAREHOLDING IN CREDIT INFORMATION AGENCY UC AB TO ASIAKASTIETO GROUP PLC.HANDELSBANKEN -WILL RECEIVE 2.16 MILLION SHARES IN ASIAKASTIETO, CORRESPONDING TO SOME 9 PER CENT OF SHARES IN CO AND EUR 24.2 MILLION IN CASH.HANDELSBANKEN- SALE IS EXPECTED TO GENERATE A TAX-FREE CAPITAL GAIN OF SOME SEK 825 MILLION FOR HANDELSBANKEN.  Full Article

Asiakastieto Group Says Will Acquire UC For Eur 339.8 Mln
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP PLC AND UC AB HAVE AGREED ON A COMBINATION - THE TWO COMPANIES WILL CREATE A STRONGER FUTURE TOGETHER.SAYS ASIAKASTIETO WILL ACQUIRE UC FOR A TOTAL CONSIDERATION VALUED AT EUR 339.8 MILLION.SAYS COMPLETION OF TRANSACTION IS EXPECTED DURING Q2 OF 2018.SAYS DEAL CONSISTS OF EUR 98.8 MILLION IN CASH AND 8,828,343 NEWLY ISSUED SHARES IN ASIAKASTIETO.ASIAKASTIETO GROUP - CURRENT SHAREHOLDERS OF UC WILL OWN ABOUT 36.9 PERCENT, CURRENT SHAREHOLDERS OF ASIAKASTIETO ABOUT 63.1 PERCENT OF SHARES IN ASIAKASTIETO.ASIAKASTIETO-COMBINATION EXPECTED TO RESULT IN CREATION OF SHAREHOLDER VALUE VIA TARGETED ESTIMATED ANNUAL SYNERGIES OF AT LEAST EUR 17 MILLION.  Full Article

Asiakastieto Group Q3 adjusted EBIT up at EUR 5.3‍​ mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - ASIAKASTIETO GROUP PLC ::Q3 NET SALES EUR ‍13.3​ MILLION VERSUS EUR 11.7 MILLION YEAR AGO.‍EXPECTS ITS NET SALES GROWTH RATE TO BE CLEARLY ABOVE 10 % ​.Q3 ADJUSTED EBIT EUR 5.3‍​ MILLION VERSUS EUR 4.8 MILLION YEAR AGO.ADJUSTED NET OPERATING PROFIT IS EXPECTED TO GROW NEARLY AT SAME PACE AS NET SALES​.  Full Article

Asiakastieto Group sees higher adjusted net operating profit
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - ASIAKASTIETO GROUP PLC ::REG-ASIAKASTIETO GROUP ADJUSTS ITS FINANCIAL GUIDANCE FOR 2017.‍NET SALES IS EXPECTED TO GROW CLEARLY ABOVE 10% IN 2017​.‍2017 ADJUSTED NET OPERATING PROFIT IS EXPECTED TO GROW NEARLY AT SAME PACE AS NET SALES.​.  Full Article