US/UK/Canada

Share

Contacts

  • Addtech
    Box 5112 102 43 STOCKHOLM
    +46-8 470 49 00
    +46-8 470 49 01
    http://www.addtech.com
  • Eva Skoglund
    08-470 49 08
  • Christopher Casselblad

    Head of Communication


    +46 73 093 35 08
    • Pick a time period -
    Tags ( Active)

    Interim Report Q2 1 April - 30 September 2024

    Second quarter (1 July - 30 September 2024) ·Net sales increased by 5 percent and amounted to SEK 5,127 million (4,879). ·Operating profit before amortisation of intangible non-current assets (EBITA) increased by 5 percent and amounted to SEK 764 million (727) corresponding to an EBITA margin of 14.9 percent (14.9). ·Operating profit increased by 3 percent and amounted to SEK 640 million (618) corresponding to an operating margin of 12.5 percent (12.7). ·Profit after tax amounted to SEK 446 million (447) and earnings per share before/after dilution amounted to

    Invitation to presentation of Addtech's Interim Report on October 24 at 10.00 a.m. (CEST)

    Welcome to a conference call regarding Addtech's Interim Report for the second quarter on October 24 at 10.00 a.m. (CEST). The conference is aimed at analysts, the media and investors and will be held in English. The presentation will be hosted by CEO Niklas Stenberg and CFO Malin Enarson. The presentation material will be available in advance here: https://www.addtech.com/investors-and-media/presentations If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. The webcast will also be available afterwards via the same link.

    Addtech acquires Unilite A/S

    Addtech Energy, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Unilite A/S (”Unilite”). Unilite develops, manufactures and sells energy-efficient fire safety- and ventilation solutions for industrial, commercial and public buildings. The company has 78 employees and a turnover of approximately DKK 210 million and is headquartered in Hobro, Denmark. Unilite complements the operations conducted with a focus on energy efficiency and safety within the Energy Products business unit. Closing will take place at the

    Share-based incentive scheme

    In the share-based incentive scheme resolved by the 2024 Annual General Meeting, that comprised about 150 members of management, in total 639,925 call options were subscribed for. The call options are transferred at a price of SEK 48.80 per call option, equivalent to the market value according to an external independent valuation, applying the Black & Scholes model. The redemption price of the call options amounts to SEK 388.80, equivalent to 120 percent of the volume-weighted average of market prices for the shares during the period from 23 August to 5 September 2024, inclusive. Each

    Addtech acquires PGS Tec GmbH

    Addtech Process Technology, a business area in the Addtech Group, has today signed an agreement to acquire 85 % of the shares outstanding in PGS Tec GmbH (”PGS”). PGS designs, assemble and install customised water and gas supply systems to pharmaceutical, industrial and laboratory customers. The offering covers the entire spectrum of pipeline infrastructure, including valves, instrumentation and automation as well as service and maintenance. PGS has 15 employees and a turnover of approximately EUR 7 million and is headquartered in Wolpertswende, Germany. PGS will become part of and

    Annual General Meeting of Addtech AB 22 August 2024

    Resolutions at today’s Annual General Meeting (“AGM”) of Addtech AB (the “Company”), and the ensuing statutory Board of Directors Meeting, included, inter alia, the following: DividendA dividend of SEK 2.80 per share was declared. Record date for the dividend was confirmed to be 26 August 2024. The dividend is expected to be remitted by Euroclear Sweden AB on 29 August 2024. Adoption of the Profit and Loss Statements and the Balance SheetsThe AGM resolved to adopt the Profit and Loss Statement and the Balance Sheet for the Company as well as the Consolidated Profit and Loss

    Notice to attend the Annual General Meeting of Addtech AB (publ)

    The shareholders of Addtech AB (publ) (the “Company” or “Addtech”), reg. no. 556302-9726, are hereby given notice to attend the Annual General Meeting to be held at 4.00 p.m. CEST on Thursday 22 August 2024, at IVA’s Konferenscenter, Grev Turegatan 16, Stockholm. Registration for the meeting commences at 3.15 p.m. CEST. The Board of Directors of the Company has decided to allow the shareholders to also attend the Annual General Meeting by postal voting in accordance with the regulations in Addtech’s Articles of Association as further described below. NOTICE OF PARTICIPATION

    Interim report Q1 1 April - 30 June 2024

    First quarter (1 April - 30 June 2024) · Net sales increased by 7 percent and amounted to SEK 5,438 million (5,089). · Operating profit before amortisation of intangible non-current assets (EBITA) increased by 19 percent and amounted to SEK 831 million (696) corresponding to an EBITA margin of 15.3 percent (13.7). · Operating profit increased by 20 percent and amounted to SEK 713 million (595) corresponding to an operating margin of 13.1 percent (11.7). · Profit after tax increased by 27 percent and amounted to SEK 495 million (392) and earnings per share before/after dilution

    Addtech acquires Romani Components Srl

    Addtech Automation, a business area in the Addtech Group, has today signed an agreement to acquire 80 % of the shares outstanding in Romani Components Srl (”Romani”). Romani provides linear- and transmission products to machine builders for the automation industry. The offering includes guideways as well as ball screws and precision gears. Romani has 23 employees and a turnover of approximately EUR 11 million and is headquartered in Milan, Italy. Romani will become part of and complement our operations within the Motion & Drives business unit and strengthen our position in the

    Addtech´s 2023/2024 Annual Report is now published

    Addtech´s Annual Report for 2023/2024 is now available at the company website, visit www.addtech.com. The Annual Report can be downloaded in pdf version. The Swedish version is also available in European Single Electronic Format (ESEF). Stockholm, July 3, 2024 Addtech AB (publ) For more information, please contactMalin Enarson, CFO, +46 705 97 94 73 Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and

    Addtech acquires Analytical Solutions and Products B.V.

    Addtech Process Technology, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Analytical Solutions and Products B.V. (”ASaP”). ASaP manufactures and supplies analytical solutions to primarily the process- and energy industries. The offering includes instrumentation, engineered systems with supporting software and service. ASaP has 30 employees and a turnover of approximately EUR 12 million and is headquartered in Amsterdam, Netherlands. ASaP will become part of and complement our operations within the Emission Control

    Invitation to presentation of Addtech's Interim Report on July 12 at 10.00 a.m. (CEST)

    Welcome to a conference call regarding Addtech's Interim Report for the first quarter on July 12 at10.00 a.m. (CEST). The conference is aimed at analysts, the media and investors and will be held in English.The presentation will be hosted by CEO Niklas Stenberg and CFO Malin Enarson. The presentation material willbe available in advance here: https://www.addtech.com/investors-and-media/presentations If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. The webcast will also be available afterwards via the same link.

    Addtech acquires C. Gunnarssons Verkstads AB

    Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 89 % of the shares outstanding in C. Gunnarssons Verkstads AB (“CGV”). CGV is a leading supplier on the Nordic market of machines and production lines for lumber handling. CGV is project company with 45 employees and an average annual turnover of approximately SEK 200 million with headquarters in Vislanda, Sweden. CGV becomes a part of and complements our operations within the Material Processing business unit and strengthens our offer to the forest industry. Closing will

    Addtech acquires Nuova Elettromeccanica Sud S.p.A.

    Addtech Energy, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Nuova Elettromeccanica Sud S.p.A. (”NES”). NES develops, manufactures and sells equipment and components for electric transmission lines and substations. The company has long been established as a supplier to grid operators, primarily in Europe. NES has 60 employees and a turnover of approximately EUR 14 million and is headquartered in Rome, Italy. NES further develops our position as a global supplier of high-voltage transmission equipment and complements

    Converting class A shares

    During the month of May, the number of shares in Addtech AB has changed due to shareholders request for conversion of 21,360 class A shares to corresponding number of class B shares. After the conversion the total number of class A shares is 12,864,384 and class B shares 259,929,600. The number of shares and the number of votes in Addtech AB are shown in the table below:  Number of Number of Number of Number of class A shares class B shares votes sharesBefore conversion 12,885,744 259,908,240 388,765,680

    The Nomination Committee´s proposal for new Chairman of the Board of Addtech AB

    The Nomination Committee proposes that Board member Malin Nordesjö will be elected as Chairman of the Board at the 2024 Annual General Meeting. The current Chairman Kenth Eriksson has declined re-election. "I am very proud of the Group's development during the eight years I have been part of the Board. I would like to thank the shareholders for their trust and at the same time take this opportunity to wish Addtech, its Board of Directors, management and all employees all the best for the future," says Kenth Eriksson, Chairman of the Board. "I would like to thank Kenth for eight years

    Year-end report 1 April 2023 - 31 March 2024

    Fourth quarter (1 January - 31 March 2024) · Net sales amounted to SEK 5,091 million (5,267). · Operating profit before amortisation of intangible non-current assets (EBITA) increased by 1 percent and amounted to SEK 763 million (758) corresponding to an EBITA margin of 15.0 percent (14.4). · Operating profit amounted to SEK 649 million (660) corresponding to an operating margin of 12.7 percent (12.5). · Profit after tax amounted to SEK 451 million (461) and earnings per share before/after dilution amounted to SEK 1.60 (1.65). Full year (1 April 2023 - 31 March 2024) ·

    Addtech acquires GoDrive AS

    Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in GoDrive AS (“GoDrive”). GoDrive is a leading supplier of frequency converters and accessories on the Norwegian market. GoDrive will become a part of and complement our operations in the BEVI-group who is a supplier of electric drive systems. GoDrive has 5 employees and a turnover of approximately NOK 75 million with headquarters in Vrådal, Norway. The closing takes place today. The acquisition is expected to have a marginally positive impact

    Invitation to presentation of Addtech's Year-end report on May 16 at 10.00 a.m. (CEST)

    Welcome to a conference call regarding Addtech's Year-end report on May 16 at 10.00 a.m. (CEST). The conference is aimed at analysts, the media and investors and will be held in English. The presentation will be hosted by CEO Niklas Stenberg and CFO Malin Enarson. The presentation material will be available in advance here: https://www.addtech.com/investors-and-media/presentations If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions. The webcast will also be available afterwards via the same link. https://ir.

    Addtech acquires Cell Pack Solutions Ltd

    Addtech Electrification, a business area in the Addtech Group, has today signed an agreement to acquire 90 % of the shares outstanding in Cell Pack Solutions Ltd (”Cell Pack”). Cell Pack develops, manufactures and markets internationally battery solutions under its own brand to customers primarily in water treatment, safety and medical technology. The company has 30 employees and a turnover of approximately GBP 5.6 million with headquarters in South Shields, UK. Cell Pack complements and strengthens Addtech's existing operations in the area of battery solutions and will be part of the

    Addtech acquires Novomotec GmbH

    Addtech Electrification, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Novomotec GmbH (”Novomotec”). Novomotec is a leading supplier of compact electric motors to OEM customers in light electric vehicles, medical technology and automation applications. The company has nine employees and a turnover of approximately EUR 7 million and is headquartered in Hohenbrunn, Germany. Novomotec complements and strengthens Addtech's existing operations in the area of precision motors and will be part of the Power & Mobility

    Addtech acquires Crescocito AB

    Addtech Industrial Solutions, a business area in the Addtech Group, has today signed an agreement to acquire 100 % of the shares outstanding in Crescocito AB (”Crescocito”). Crescocito develops and manufactures components and complete turnkey solutions within industrial painting technology. Crescocito has 10 employees and a turnover of approximately SEK 60 million with headquarters in Lidköping. Crescocito complements and strengthens Addtech's existing operations in the area of surface treatment and will be part of the Material Processing business unit. The closing will take place

    Interim Report Q3 1 April - 31 December 2023

    Third quarter (1 October - 31 December 2023) · Net sales increased by 7 percent and amounted to SEK 4,960 million (4,653). · Operating profit before amortisation of intangible non-current assets (EBITA) increased by 7 percent and amounted to SEK 674 million (630) corresponding to an EBITA margin of 13.6 percent (13.5).  · Operating profit increased by 5 percent and amounted to SEK 564 million (536) corresponding to an operating margin of 11.4 percent (11.5). · Profit after tax increased by 4 percent and amounted to SEK 401 million (387) and earnings per share before/after

    There are no items matching the current filter
    There are no more items matching the current filter
    Back to top

    Subscribe