Edition:
India

Indutrade AB (INDT.ST)

INDT.ST on Stockholm Stock Exchange

221.20SEK
6:40pm IST
Change (% chg)

-2.40kr (-1.07%)
Prev Close
223.60kr
Open
222.00kr
Day's High
222.60kr
Day's Low
219.20kr
Volume
252,994
Avg. Vol
164,244
52-wk High
250.20kr
52-wk Low
184.40kr

Latest Key Developments (Source: Significant Developments)

Indutrade acquires Dutch Company Tradinco Instruments
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Indutrade Ab says::Has signed an agreement to acquire all of the shares in the Dutch company Tradinco Instrumenten-Apparaten B.V..Tradinco Instruments has around 30 employees and sales of approximately EUR 7 million..The acquisition is expected to have a marginally positive impact on Indutrade’s earnings per share..Source text for Eikon: ID:nWkr6Ph4Ft.  Full Article

Indutrade restructures Sander Meson, sees extra costs of 140 mln SEK in Q4
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Indutrade AB ::INDUTRADE CONSOLIDATES AND RESTRUCTURES OPERATIONS IN THE SANDER MESON GROUP.SAYS ‍DECIDED TO IMPLEMENT A NUMBER OF ACTIONS TO RESTORE PROFITABILITY FOR SANDER MESON GROUP, WHICH ARE ACTIVE IN MARINE SEGMENT​.SAYS ‍MARKET CONDITIONS HAVE BEEN CHALLENGING FOR COMPANIES WITHIN THIS GROUP FOR A LONG TIME​.SAYS ‍ACTIONS WILL LEAD TO RESTRUCTURING COSTS IMPACTING EARNINGS FOR Q4 OF 2017 WITH APPROXIMATELY SEK 140 MILLION, OF WHICH SEK 80 MILLION IS RELATED TO A WRITE-OFF OF INTANGIBLE ASSETS AND SEK 60 MILLION TO OTHER RESTRUCTURING COSTS​.SAYS ‍SEK 80 MILLION WRITE-OFF OF INTANGIBLE ASSETS HAVE NO CASH FLOW IMPACT​.  Full Article

Indutrade says Q3 EBITA rose to SEK 450 mln ​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Indutrade Ab says::Q3 ‍order intake rose 15% to SEK 3,532 million (3,082)​.Q3 ‍operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 19% to SEK 450 million (377).​.Q3 net sales rose 14% to SEK 3,633 million (3,176).​.  Full Article

Indutrade acquires Ellard Ltd
Monday, 13 Feb 2017 

Indutrade Ab : Indutrade acquires Ellard Ltd . Says acquisition is expected to have a marginally positive impact on indutrade's earnings per share . Says Ellard Ltd (www.ellard.co.uk) annual sales approximately 8.5 million . Ellard manufactures of drives, motors and controls for industrial, commercial and residential doors and shutters, complemented with a wide range of accessories .Customers are manufacturers and installation contractors of doors, shutters and gates in the UK and Ireland.  Full Article

Yit revalues book values in Housing Russia segment, books EUR 27 mln cost
Monday, 26 Sep 2016 

Yit Oyj : Revalues book values of its asset in Housing Russia segment and books cost of 27 million euros ($30.36 million) . Says is completing three-year capital release program where it has succeeded to release capital by about eur 340 million from different assets in order to strengthen its balance sheet . About 45 million euros of assets classified as slow-moving, located mainly in Russia, are yet to be released . Recognizes about 18 million euro impairment charge related to plots . Aims to achieve positive adjusted operating profit in H2 for Housing Russia segment, and according to company's estimate, adjusted operating profit will be around zero already in Q3 2016 .Says announced in Q2 interim report that it aims at positive operating result for H2 2016.  Full Article

Finnair starts to plan EUR 20 million cost-efficiency programme
Wednesday, 17 Aug 2016 

Finnair Oyj : Starts to plan 20 million euro ($22.5 million) cost-efficiency programme . Expects to finalise plans on main areas of cost-efficiency programme during next few months . Sustainable improvement in profitability is a prerequisite for Finnair's accelerated growth strategy announced in spring 2016 .Target is to achieve permanent savings through various efficiency-improvement measures, amounting to 20 million euros annually by end of June 2017.  Full Article

Indutrade Q2 EBITA beats forecasts, sees unchanged markets
Friday, 22 Jul 2016 

Indutrade AB : Q2 operating profit before amortisation of intangible non-current assets attributable to acquisitions (EBITA) rose 12 pct to SEK 405 million . Reuters poll: Indutrade Q2 EBITA was seen at SEK 398 million , sales at SEK 3.2 billion . Q2 order intake rose 13 pct to SEK 3,422 million (3,026) . Says market will continue to be unstable, and our challenge is to capture market shares in a market with low growth . Says do not expect any major change in demand situation in near future . Says many countries continue to experience weak or no growth, and Brexit vote in UK has given rise to even more questions about future For the original story click here: http://mb.cision.com/Main/2210/2049778/542837.pdf Further company coverage: [INDT.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Citycon Q2 EPRA earnings rise; 2016 outlook specified
Thursday, 14 Jul 2016 

Citycon Oyj : Q2 net rental income 57.0 million euros ($63.32 million) versus 42.6 million euros year ago . Q2 EPRA earnings increased by 8.4 million euros or 27.9 pct, to 38.7 million euros . Specifies 2016 earnings guidance . Forecasts 2016 direct operating profit to change by 17 million to 26 million euros (previously 16 million - 30 million euros) from previous year . Sees 2016 EPRA earnings to change by 11 million to 20 million euros (previously 9 million - 23 million euros) from previous year . Sees EPRA EPS (basic) to be 0.1575-0.1725 euros (previously 0.155-0.175 euros) . Says specified outlook acknowledges impact of non-core portfolio divestment in Finland, weaker Norwegian crown and impact of metro delay in Iso Omena .Believes there have been no material changes to key risk areas outlined in annual and sustainability report 2015.  Full Article

Indutrade acquires Vacuum Engineering Services
Tuesday, 5 Jul 2016 

Indutrade Ab :Indutrade acquires Vacuum Engineering Services ltd, uk.  Full Article

Indutrade says acquires KA Olsson & Gems
Friday, 1 Jul 2016 

Industrade says: Acquires KA Olsson & Gems AB. .Bought company has annual sales of approximately SEK 90 million..  Full Article