Releases - PartnerTech

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Interim Report January – September 2012

Activity remained high, sales in line with 2011
Based on local currency, third-quarter sales were in line with the same period of 2011. The same was true of operating profit, which totaled SEK 10 million for the quarter. We were able to compensate for the trend of cutbacks and postponements of the second quarter by means of volumes from the new agreements that we signed earlier in the year. Deliveries based on...

PartnerTech signs framework agreement with Dignitana AB (publ)

Contract manufacturer PartnerTech AB and Dignitana AB (publ), a company focusing on medical devices in the area of medical cooling, today announced the signing of a framework agreement for the development, manufacturing and supply of products to Dignitana AB.
Initially, the agreement will focus on the DigniCapTMSystem, a patented scalp cooling system which prevents chemotherapy induced hair loss. The agreement...

Interim Report January – June 2012

Growth during the quarter and encouraging first half of the year
Despite somewhat of a slowdown from the first quarter, sales rose by 2% in local currency compared with the same quarter of 2011 and the operating profit was SEK 12 million. Like many others, we were affected by market uncertainty during the second quarter. Some customers pulled back or postponed orders, but the underlying dynamics are positive....

PartnerTech and BAE GCS have signed a letter of intent for the manufacturing of ...

PartnerTech and BAE GCS have signed a letter of intent regarding the manufacturing and testing of defense electronics. Production will partly take place in PartnerTech’s plant for electronics in Vellinge and PartnerTech’s plant for machining in Karlskoga.
"This development exemplifies our commitment to grow with our customers and to increase business between our operational areas; machining, electronics,...

PartnerTech signs framework agreement with ABB SA Products

Contract manufacturer PartnerTech AB has signed a framework agreement for the manufacturing and delivery of electronic components to ABB Substation Automation Products.
The framework agreement covers PartnerTech’s competences within electronics and production will entail printed circuit board assembly from PartnerTech’s units in Sieradz. Deliveries to ABB SA Products are expected to start in the fourth quarter...

PartnerTech acquires Aerodyn AB

PartnerTech has acquired Aerodyn AB, a company focused on contract manufacturing of heavy components for ship propulsion with propeller systems or water jets.
The company’s estimated yearly turnover is approximately 40 MSEK and it will be consolidated into the operating segment Machining from the second quarter 2012. Aerodyn employs some 20 people and is based in Karlskoga, Sweden.

”The aim of the transaction...

Press release from the annual general meeting of PartnerTech AB (publ), April 27...

Among the resolutions passed by the meeting were:

· All of the company's unappropriated earnings of SEK 130, 578, 689 are to be carried over to new account, as the result of which no dividend will be payable for fiscal year 2011 (SEK 0/share for fiscal year 2010).

· The members of the board and the CEO were discharged from liability for fiscal year 2011.

· The income statement and balance sheet, as well...

Interim Report January – March 2012

Growth continues and operating margin is 3.5%
The positive trends of 2011 continued in the first quarter of 2012. Sales rose by 5% in local currency compared with the same period of 2011, and operating profit was SEK 21 million. While much of the increase can be attributed to our focus on internal cost-effectiveness, our broad customer base and competitive organizational structure were also key factors. Due...

PartnerTech obtains orders in the defense industry

PartnerTech has obtained new orders worth a total of approximately SEK 90 million from two customers in the defense industry.
The orders cover mechanical components and production will take place at the PartnerTech plant in Karlskoga for deliveries  throughout 2012 and the first two quarters of 2013. Revenue is expected from the third quarter 2012.

“During last year we have seen a strong recovery in our...

PartnerTech’s Annual Report has today been published

PartnerTech’s Annual Report for 2011 has today been published on the company’s website, www.partnertech.com and is also attached in this message.
Distribution of the printed Swedish version starts week 15, while distribution of the English version will start during week 16.

PartnerTech

PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense and Maritime, Industry, Information Technology, MedTech and Instrumentation, CleanTech and Point of Sale Applicati...

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  • Marielle Noble
  • IR- & Communications Manager
  • +46 (0)706 546735
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