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Dometic Group AB (publ) (DOMETIC.ST)

DOMETIC.ST on Stockholm Stock Exchange

91.45SEK
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Dometic Group CEO Buys Shares In Company
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Dometic Group Ab (Publ) ::SHARE PURCHASE TRANSACTION BY DOMETIC CEO.CEO PURCHASE A TOTAL OF 240,183 SHARES IN COMPANY AT AN AVERAGE PRICE OF SEK 83.43.  Full Article

Dometic boosts marine business with $875 mln acquisition of SeaStar
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Dometic Group AB (Publ) :Dometic acquires SeaStar Solutions, a leading North American-based supplier to the leisure marine industry, from affiliates of American Securities LLC.Says acquisition strengthens and expands Dometic's position as a global supplier to the marine industry through new product areas, and a broader distribution network and market presence.Says ‍cash purchase price of USD 875 million, fully financed via cash and committed bank facilities​.Says ‍sees sales and cost synergies of USD 20 million per annum, fully realized within 3 years​.Says ‍closing expected in Q4 2017, subject to customary conditions and regulatory approval​.Says SeaStar ‍is expected to report sales of USD 320 million and EBITDA of USD 85 million in 2017.SeaStar Solutions is based in North America, operates 8 facilities and employs approximately 1,250 people​.Says ‍Dometic intends to maintain its dividend policy of at least 40 per cent of net profit​.  Full Article

Dometic Q3 EBIT ex-items rises to SEK 482 million ​
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - DOMETIC GROUP AB (PUBL) :Q3 ‍OPERATING PROFIT (EBIT) BEFORE ITEMS AFFECTING COMPARABILITY AMOUNTED TO SEK 482 MILLION (426)​.Q3 ‍NET SALES FOR QUARTER TOTALED SEK 3,399 MILLION (3,142); AN INCREASE OF 8%, OF WHICH 11% WAS ORGANIC GROWTH​.SAYS ‍WE REMAIN COMMITTED TO OUR FINANCIAL TARGETS AND OUTLOOK FOR OUR BUSINESSES REMAINS UNCHANGED​.  Full Article

Frostbite launches accelerated bookbuilt offer for 20 pct of Dometic
Tuesday, 30 Aug 2016 

Carnegie investment bank ab says Frostbite announces launch of an accelerated bookbuilt offering of up to 59,166,667 existing shares in dometic group : Carnegie investment bank says offer equivalent to up to 20% of share capital and voting rights in company . The bookbuilding will commence immediately and it is anticipated that books will close before market opens on 31 August 2016 . Carnegie Investment Bank AB (publ), SEB Corporate Finance, Skandinaviska Enskilda Banken AB and Jefferies International Limited are acting as Joint Bookrunners in the Transaction. (Reporting By Johan Ahlander) ((johan.ahlander@thomsonreuters.com;)).  Full Article

Dometic Group EBIT ex. items up at SEK 584 million
Friday, 15 Jul 2016 

Dometic Group publ AB : Q2 net sales 3.46 billion Swedish crowns ($407.06 million) versus 3.20 billion crowns year ago . Q2 EBIT ex. items 584 million Swedish crowns versus 484 million crowns year ago .Says global outlook for RV markets remains positive, with Europe showing particularly strong momentum and US continuing its steady development.  Full Article