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ASSA ABLOY sells Cardo Flow Solutions

4/7/2011 1:02 AM EST
ASSA ABLOY has through its subsidiary Cardo AB signed an agreement with the Swiss company Sulzer Ltd to sell Cardo Flow Solutions. The selling price is SEK 5,900 M on a cash and debt free basis. The agreement does not include Lorentzen & Wettre.
At the announcement of the public offer for Cardo on December 13, 2010, ASSA ABLOY communicated its intention to consolidate Cardo Entrance Solutions in ASSA ABLOY’s...

Annual general meeting 2011 and new CEO of Cardo

4/4/2011 12:53 PM EST
At today’s annual general meeting of Cardo at the premises of Mannheimer Swartling Advokatbyrå in Malmö, Sweden, it was resolved that no dividend be paid for the financial year 2010.

Further, ASSA ABLOY AB’s proposals to the annual general meeting were approved, entailing among other things that Johan Molin, Tomas Eliasson, Juan Vargues, Jacob Wahlberg and Krister Eriksson were elected as new board members. Johan...

Change of place for the annual general meeting on April 4

3/30/2011 8:12 AM EST
Due to ASSA ABLOY AB’s (publ) acquisition of shares in Cardo AB (publ), only a few shareholders have given notice of their intention to attend Cardo’s annual general meeting on April 4, 2011. Cardo has therefore decided to change the place of the meeting from Palladium on Södergatan 15 in Malmö, Sweden, to the nearby premises of Mannheimer Swartling Advokatbyrå on Södergatan 22 in Malmö. The time is unchanged, 5.00...

Delisting of Cardo

3/24/2011 11:00 AM EST
NASDAQ OMX Stockholm has decided that Cardo AB (publ) will be delisted from NASDAQ OMX Stockholm. The last trading day of the shares will be Thursday, April 21 2011.
As a consequence of the delisting of the share, Cardo AB (publ) has decided not to announce the company’s quarterly report for January – March 2011. Malmö, Sweden, March 24 2011 The Board of Cardo AB (publ)

Cardo applies for delisting

3/18/2011 9:00 AM EST
ASSA ABLOY’s public offer for Cardo AB (publ) (”Cardo” or the ”Company”) was declared unconditional on March 10 2011. ASSA ABLOY controls more than 90 per cent of the shares in Cardo and has requested compulsory acquisition in respect of the shares in Cardo that ASSA ABLOY does not own.

As requested by ASSA ABLOY, the Board of Cardo has resolved to apply for delisting of the Company’s shares from NASDAQ OMX...

Proposal regarding Board of Directors etc. of Cardo

3/16/2011 6:45 AM EST
In a press release on March 15 2011, ASSA ABLOY has confirmed that the company completes its public offer to the shareholders of Cardo AB (publ) (”Cardo” or the ”Company”) and that ASSA ABLOY following settlement, which is expected to take place on or around March 18 2011, will hold approximately 98.2 per cent of the total number of shares and votes in Cardo. In a statement to the Board of Directors of Cardo on...

Cardo’s annual report 2010

3/14/2011 8:00 AM EST
Cardo’s annual report for 2010 is being published in Swedish today on our website at www.cardo.com. The printed version will be distributed to shareholders and other parties.
At the beginning of April, the English version of the annual report will be available to read and download at Cardo’s website at www.cardo.com. The website also provides information on giving notice of intention to attend Cardo’s AGM on...

Notice of Cardo’s Annual General Meeting

3/2/2011 7:30 AM EST
The annual general meeting of Cardo AB (publ) will be held on Monday, April 4 2011  at 5.00 p.m. at Palladium, Södergatan 15 in Malmö, Sweden.
An agenda containing the matters that are proposed to be brought before the annual general meeting can be seen in the official notice to attend the meeting, which will be published in Post- och Inrikes Tidningar (the Swedish Official Gazette) on March 4. The notice is...

Report on operations 2010

2/4/2011 2:30 AM EST
• Inflow of orders: SEK 8,113 million (8,424)

• Net sales: SEK 7,973 million (8,825)

• Operating earnings: SEK 843 million (529)

• Net earnings: SEK 598 million (345)

• Cash flow from operating activities after tax: SEK 872 million (1,416)

• Earnings per share: SEK 22.15 (12.78)

• Proposed dividend: SEK 10.00 (9.00)
President and CEO Peter Aru:
“The inflow of orders rose by three percent in...

Invitation to conference on February 4 2011 after publication of Cardo’s year-en...

1/27/2011 8:14 AM EST
Cardo’s year-end report 2010 will be published on Friday, February 4, at approximately
8.30 am CET.

This invitation is for a conference at Operaterrassen in Stockholm the same day at 10.00 am CET. President and CEO Peter Aru will comment on the report and answer questions. Please note that the conference will be held in Swedish.
The presentation will be hosted by Financial Hearings and notification of...

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Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisio...

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  CONTACT  
  • Maria Bergving
  • Senior Vice President Communications and Investor Relations
  • +46 (0)706 02 61 81
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