Edition:
India

Sinch AB (publ) (SINCH.ST)

SINCH.ST on Stockholm Stock Exchange

259.50SEK
9:58pm IST
Change (% chg)

-2.50kr (-0.95%)
Prev Close
262.00kr
Open
264.00kr
Day's High
264.00kr
Day's Low
251.00kr
Volume
114,082
Avg. Vol
77,720
52-wk High
277.50kr
52-wk Low
77.60kr

Latest Key Developments (Source: Significant Developments)

Sinch Expands To Brazil Through Acquisition Of TWW
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Sinch AB (publ) ::REG-SINCH AB (PUBL): SINCH EXPANDS TO BRAZIL THROUGH ACQUISITION OF TWW.DEAL FOR BRL 180.750 MILLION.TRANSACTION IS EXPECTED TO CLOSE IN SECOND HALF OF OCTOBER 2019 AND WILL BE FINANCED USING SINCH'S AVAILABLE CREDIT FACILITIES.SINCH HAS A FINANCIAL TARGET TO MAINTAIN NET DEBT/ADJUSTED EBITDA BELOW 2.5X OVER TIME.ACQUISITION OF TWW INCREASES SINCH NET DEBT/ADJUSTED EBITDA BY AROUND 0.8X.TOGETHER WITH RECENT ACQUISITION OF MYELEFANT SAS, THIS IMPLIES THAT SINCH PRO FORMA NET DEBT/ADJUSTED EBITDA RISES TO AROUND 2.2X FOLLOWING TWO ACQUISITIONS.  Full Article

Sinch Acquires myElefant
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - Sinch AB (publ) ::REG-SINCH AB (PUBL): SINCH STRENGTHENS SAAS OFFERING WITH MYELEFANT ACQUISITION.REG-SINCH AB (PUBL): SINCH STRENGTHENS SAAS OFFERING WITH MYELEFANT ACQUISITION.HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE MYELEFANT SAS FOR AN UPFRONT CASH CONSIDERATION OF EUR 18.5 MILLION.ADDITIONAL CASH EARNOUT OF UP TO EUR 3 MILLION WITHIN TWO YEARS IF CERTAIN GROSS PROFIT TARGETS ARE MET..TRANSACTION IS EXPECTED TO CLOSE IN EARLY OCTOBER 2019.TRANSACTION IS EXPECTED TO CLOSE IN EARLY OCTOBER 2019 AND WILL BE FINANCED USING SINCH'S AVAILABLE CREDIT FACILITIES.SINCH HAS A FINANCIAL TARGET TO MAINTAIN NET DEBT/ADJUSTED EBITDA BELOW 2.5X OVER TIME.  Full Article

Sinch April-June Adjusted EBITDA Up At SEK 114.2 Million
Friday, 19 Jul 2019 

July 19 (Reuters) - Sinch AB (publ) ::APRIL-JUNE NET SALES INCREASED BY 18 PERCENT TO SEK 1,176.7 MILLION (997.4).APRIL-JUNE GROSS PROFIT INCREASED BY 29 PERCENT TO SEK 321.1 MILLION (248.6).APRIL-JUNE ADJUSTED EBITDA INCREASED BY 17 PERCENT TO SEK 114.2 MILLION (97.4)..  Full Article

Sinch Q1 Adjusted EBIT Up At SEK 102.3 Million
Friday, 17 May 2019 

May 17 (Reuters) - Sinch AB ::REG-CLX COMMUNICATIONS AB (PUBL): SINCH INTERIM REPORT JANUARY – MARCH 2019.JAN-MARCH GROSS PROFIT INCREASED BY 45 PERCENT TO SEK 289.5 MILLION (200.0).Q1 NET SALES SEK 1.10 BILLION VERSUS SEK 858.6 MILLION YEAR AGO.Q1 ADJUSTED EBIT AMOUNTED TO SEK 102.3 MILLION (58.7)..  Full Article

CLX Communications Secures Expanded Credit Facility With Improved Terms
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - CLX Communications AB (publ) ::REG-CLX COMMUNICATIONS AB (PUBL): CLX COMMUNICATIONS SECURES EXPANDED CREDIT FACILITY WITH IMPROVED TERMS AND CONDITIONS.EXPANDED CREDIT FACILITY GRANTS CLX COMMUNICATIONS AB ACCESS TO SEK 1,500 MILLION IN DEBT FINANCING.IN ADDITION TO SEK 1,500 MILLION FACILITY, COMPANY HAS AN OVERDRAFT FACILITY OF SEK 200 MILLION.  Full Article

CLX Communications Appoints New CFO
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - CLX Communications AB (publ) ::REG-CLX COMMUNICATIONS AB (PUBL): CLX COMMUNICATIONS APPOINTS NEW CFO.TODAY ANNOUNCED APPOINTMENT OF ROSHAN SALDANHA AS ITS NEW CHIEF FINANCIAL OFFICER.ROSHAN JOINS CLX FROM A PREVIOUS ROLE AS CFO OF TELE2 SVERIGE AB.ROSHAN WILL ASSUME HIS ROLE AT CLX ON MARCH 5, 2019.  Full Article

CLX Communications buys mobile video technology firm Vehicle Agency for $8 mln
Wednesday, 4 Apr 2018 

April 4 (Reuters) - CLX Communications AB (publ) ::SAYS ACQUIRES VEHICLE, A PERSONALIZED MOBILE VIDEO TECHNOLOGY COMPANY, TO STRENGTHEN ITS PRODUCT OFFERING.SAYS TO ACQUIRE THE PERSONALIZED VIDEO AND RICH MEDIA MESSAGING TECHNOLOGY COMPANY VEHICLE AGENCY LLC FOR A CASH CONSIDERATION OF USD 8 MILLION ON A CASH AND DEBT-FREE BASIS.  Full Article