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Bulten AB (BULTEN.ST)

BULTEN.ST on Stockholm Stock Exchange

110.00SEK
24 Sep 2018
Change (% chg)

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110.00kr
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Avg. Vol
30,707
52-wk High
130.50kr
52-wk Low
97.60kr

Latest Key Developments (Source: Significant Developments)

Bulten operating earnings fall in Q3
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Bulten AB :Q3 ‍net sales reached SEK 630 million, an increase of 5.0 pct on same period last year​.Q3 ‍operating earnings (EBIT) were SEK 35 million vs yr-ago 39 million, which corresponds to an operating margin of 5.5 pct vs yr-ago 6.5 pct​.Q3 ‍order bookings amounted to SEK 691 million, an increase of 14.7 pct.Says growth and profitability were hampered by slightly lower volumes due to customers’ model changes.Says the profitability has also been negatively impacted by higher global market prices for steel and other metals, as well as currency effects.Says underlying profitability is good considering this was the third quarter, which has fewer production days.​.  Full Article

Bulten says to bring in new CEO in 2019 at latest
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Bulten AB :Bulten is preparing to change CEO by 2019 at the latest due to his retirement.Says CEO Tommy Andersson will remain in his post until further notice, although at the latest by the time of the 2019 Annual General Meeting.Says board will now start a recruitment process to find a successor.  Full Article

BRIEF-Bulten Q1 operating profit rises, margin drops

* Q1 NET SALES AMOUNTED TO SEK 853 (778) MILLION, AN INCREASE OF 9.6% ON SAME PERIOD LAST YEAR.