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Zutec Holding AB (ZUTEC.ST)

ZUTEC.ST on Stockholm Stock Exchange

2.80SEK
23 Sep 2020
Change (% chg)

-0.14kr (-4.76%)
Prev Close
2.94kr
Open
2.94kr
Day's High
3.20kr
Day's Low
2.80kr
Volume
240,046
Avg. Vol
249,780
52-wk High
3.92kr
52-wk Low
0.54kr

Latest Key Developments (Source: Significant Developments)

Zutec Signs SEK 4.3 Mln Deal With Cairn Homes
Wednesday, 12 Aug 2020 

Aug 12 (Reuters) - Zutec Holding AB ::ZUTEC SIGNS SEK4.3M ENTERPRISE AGREEMENT WITH CAIRN HOMES.THREE-YEAR CONTRACT IS WORTH CA SEK4.3M AND IS FOR SOFTWARE LICENSING FOR OUR CLOUD AND FIELD PRODUCTS..CAIRN HOMES TO USE CO'S SOFTWARE AS COMMON DATA ENVIRONMENT ACROSS ITS CONSTRUCTION PROJECTS.  Full Article

Zutec Holding Announces New Organization
Thursday, 9 Apr 2020 

April 9 (Reuters) - Zutec Holding AB ::ANNOUNCES NEW ORGANIZATION.WILL OPERATE BUSINESS ACCORDING TO TWO BUSINESS AREAS, ENTERPRISE AND INFRASTRUCTURE SOLUTIONS.  Full Article

Zutec: Two-Year Eur 1 Mln Loan From Shareholder
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Zutec Holding AB ::WILL HOLD ITS AGM WITH MAIN ITEM BEING PROPOSED TWO-YEAR EUR1M LOAN FROM A SHAREHOLDER WITH ZUTEC'S ASSETS BEING USED AS COLLATERAL.PROPOSED EUR1M LOAN FACILITY VIRTUALLY HAS FULL COMPANY ASSETS AS COLLATERAL, WITH ZUTEC HAVING TO REPAY AMOUNT BORROWED BY NOVEMBER 2021.KEEPS REVENUE ESTIMATES INTACT BUT LOWERS OPEX ASSUMPTIONS ON BACK OF COST INITIATIVES, EASING ESTIMATED CASH BURN SLIGHTLY.PER 30 SEP, ZUTEC HAD SEK10.4M IN CASH, DOWN C.SEK5M Q/Q.IN Q1, ZUTEC NEGOTIATED EUR1M LOAN FACILITY FROM SHAREHOLDER ATHANASE INDUSTRIAL PARTNERS SUBJECT TO APPROVAL AT AGM.  Full Article

Zutec Holding Reports Qtrly Loss Per Share SEK 1.17
Tuesday, 21 May 2019 

May 20 (Reuters) - Zutec Holding AB ::REVENUE FOR QUARTER TO 31 MARCH 2019 HAS DECREASED BY 46% TO SEK 5.6M COMPARED WITH SAME QUARTER IN 2018.QTRLY LOSS PER SHARE SEK 1.17.  Full Article

Zutec Enters Co-Marketing Agreement With Danalto
Tuesday, 16 Apr 2019 

April 16 (Reuters) - Zutec Holding AB ::ZUTEC ENTER INTO A CO-MARKETING AGREEMENT WITH DANALTO.INITALLY BOTH COS AGREE TO SELL AND PROMOTE EACH OTHER'S PRODUCTS AND SERVICES.  Full Article

Zutec Holding Reports Q2 Loss Per Share SEK 1.16
Thursday, 21 Feb 2019 

Feb 20 (Reuters) - Zutec Holding AB ::ZUTEC HOLDING- JULY 2018- DECEMBER 2018 DECREASE IN REVENUES DUE TO COMPLETION OF PHASE 1 OF LARGE QATAR CONTRACT WITH CHALLENGING BASELINE FIGURES AS A RESULT.OPERATING COSTS SEK 8.5M HIGHER FOR H1 2019 VERSUS SEK 18.9M COMPARED TO SAME PERIOD IN PREVIOUS YEAR.Q2 LOSS PER SHARE SEK 1.16.Q2 REVENUE DECREASED BY 28% TO SEK 4.3M.HALF YEAR REVENUE DECREASED BY 36% TO SEK 10.2 MILLION.HY OPERATING INCOME DECREASED BY SEK 14.6 MILLION TO A LOSS OF SEK 11.1 MILLION.SAYS HY LOSS PER SHARE OF SEK -1.52 (H1 2018 EPS SEK 0.37)..  Full Article

Zutec Holding July-Sept Net Loss Of SEK 2.7 Mln
Wednesday, 21 Nov 2018 

Nov 22 (Reuters) - Zutec Holding AB ::SAID ON WEDNESDAY JULY-SEPT NET LOSS SEK 2.7 MLN .JULY-SEPT NET SALES SEK 5.6 MLN .JULY-SEPT NEGATIVE EBITDA OF SEK 1.7 MLN .CEO SAYS GROUP SUFFERED A DROP IN REVENUE DUE TO THE EXPIRATION OF ONE PHASE OF A CONTRACT IN QATAR.  Full Article