US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Ballingslöv moves to Alternativa Sweden

Following its de-listing from OMX Nordic Exchange Stockholm AB, Ballingslöv International AB will be continuing trading on the Alternativa Sweden trading platform. The last day of trading on the OMX will be 12 December 2008. The first day of trading on Alternativa will be 7 January 2009.Alternativa Sweden is a securities institute that has been operating under the supervision of the Swedish Financial Supervisory Authority since 2003. Its business currently involves trading in shares and providing stock market-related services to more than 30 companies. Trading takes place regularly, but not

INTERIM REPORT January-June 2008

Second quarter 2008 (Q2)• Net sales increased by 4 percent to SEK 780.5 M (753.1). Organic growth was 5 percent• Operating income decreased by 27 percent to SEK 68.4 M (93.2) corresponding to an operating margin of 8.8 percent (12.4)• Net income for the period decreased by 41 percent to SEK 43.0 M (72.3)• Earnings per share decreased by 40 percent and amounted to 1.34 (2.25)• Cash flow from current operations amounted to SEK 65.2 M (90.8)• The income has been affected by weak performance for the Danish worktop operation• Last year the net income after tax was positively

PRESS RELEASE - Statement from the Board of Directors - 11 June 2008

The Board of Directors of Ballingslöv International AB recommends shareholders not to accept the offer from Stena Adactum• The Board of Directors of Ballingslöv International AB recommends shareholders not to accept the offer from Stena• Strong belief that Ballingslöv as a stand-alone company long-term creates shareholder value through existing business model• Continued expansion opportunities are expected to strengthen long-term growth in revenues and earnings• Continued strong profitability for Kvik and additional growth through international expansion• Continued consolidation

Three-for one split of Ballingslöv share

The Annual General Meeting’s decision on a 3:1 (three-for-one) split on 16 April 2008 has been registered. The record date for the split is Thursday, 29 May 2008. The final trading day for the Ballingslöv share to the split will be Monday, 26 May 2008. The new split shares will be traded on the Stockholm Stock Exchange from Tuesday, 27 May 2008For further information, contactNils-Erik Danielsson, President and CEOMobile +46 (0)708-946101Malmö 23 May 2008Ballingslöv International AB (publ)

INTERIM REPORT January-March 2008

Ballingslöv International AB (publ)ID number 556556-2807Net sales increased by 2 percent to SEK 708.0 M (696.8). Organic growth was 1 percentNet income for the period decreased by 11 percent to SEK 38.1 M (42.8)Earnings per share decreased by 11 percent and amounted to 3.55 (4.00)Operating income decreased by 15 percent to SEK 61.2 M (71.7) corresponding to an operating margin of 8.6 percent (10.3)Cash flow from current operations amounted to SEK 28.8 M (3.6)The income has been affected by extraordinary expenses related to the merger of the two Danish worktop companies and

Annual General Meeting April 16, 2008

Dividend 6:50The Annual General Meeting has approved a dividend for the fiscal year 2007 of SEK 6:50 per share. The record date for entitlement to the dividend is Monday April 21, 2008. The dividend is expected to be paid out through the agency of VPC (Swedish Securities Register Centre) on Thursday April 24 2008.Election of board members and feesMartin Svalstedt, Bengt A Dahl, Cecilia Geijer, Svend Holst-Nielsen, Lars-Åke Helgesson, Mikael Jonson, and Nils-Erik Danielsson were re-elected members of the board. Ann-Christin Edling-Jönsson was elected as a new member of the board.Ann-

The President and CEO for Ballingslöv Nils-Erik Danielsson retires during the spring 2009

The President and CEO for Ballingslöv International AB, Nils-Erik Danielsson will be 65 years during the spring 2009 and will then retire from his current position. Nils-Erik Danielsson was appointed Managing Director for the Swedish subsidiary Ballingslöv AB 1984 and became CEO for Ballingslöv International 1998.“Nils-Erik Danielsson has in an impressive way built up the modern Ballingslöv Group to a leading European kitchen Group with a turnover exceeding 3 billion SEK with 1500 employees in 9 countries. Nils-Erik Danielsson’s work has had a substantial importance for the strong

YEAR-END STATEMENT

Ballingslöv International AB (publ)Fourth quarter 2007 (Q 4)• Net sales increased by 18 percent*) to SEK 748.6 M (632.2). Organic growth was11 percent based on the Group’s current structure• Net income for the period increased by 21 percent to SEK 52.3 M (43.2)• Earnings per share increased by 21 percent and amounted to 4.87 (4.03)• Operating income increased by 16 percent to SEK 80.3 M (69.2) corresponding to an operating margin of 10.7 percent (10.9)• Cash flow from current operations amounted to SEK 16.8 M (146.0)January-December 2007• Net sales increased by 27 percent*)

INTERIM REPORT

Ballingslöv International AB (publ)Third quarter 2007 (Q 3)• Net sales increased by 33 percent*) to SEK 693.6 M (520.3). Organic growth was17 percent based on the Group’s current structure• Net income for the period increased by 68 percent to SEK 44.0 M (26.2)• Earnings per share increased by 68 percent and amounted to 4.10 (2.44)• Operating income increased by 60 percent to SEK 70.3 M (44.0) corresponding to an operating margin of 10.1 percent (8.5)• Cash flow from current operations amounted to SEK 76.5 M (34.9)January-September 2007• Net sales increased by 31 percent*) to

PRESS RELEASE - Ballingslöv International’s Nominating Committee appointed

At Ballingslöv International’s AGM for 2007 the shareholders decided that the company’s Nominating Committee should consist of one representative for each of the four largest shareholders on 30 September 2007 together with the chairman of the board.As the second largest shareholder, IF Skadeförsäkringar AB, declined to participate, a representative of the fifth largest shareholder, Lannebo Fonder, was appointed to the committee.The Nominating Committee for the period until AGM on April 16, 2008 consist of the following members: Johan Wester, Stena Adactum AB Lennart Ribohn, Fairford

INTERIM REPORT JANUARY-JUNE 2007

Second quarter 2007 (Q 2)• Net sales increased by 31 percent*) to SEK 753.1 M (577.0). Organic growth was15 percent based on the Group’s current structure• Net income for the period increased by 58 percent to SEK 72.3 M (45.7)• Earnings per share increased by 58 percent and amounted to 6.74 (4.26)• Operating income increased by 37 percent to SEK 93.2 M (67.9) corresponding to an operating margin of 12.4 percent (11.8)• Cash flow from current operations amounted to SEK 90.8 M (48.8)January-June 2007• Net sales increased by 29 percent*) to SEK 1 449.9 M (1 121.6). Organic

INTERIM REPORT January-March 2007

Ballingslöv International AB (publ)• Net sales increased by 28 percent*) to SEK 696.8 M (544.6). Organic growth was approximately 10 percent based on the Group’s current holdings• Net income for the period increased by 45 percent to SEK 42.8 M (29.6)• Earnings per share increased by 45 percent to 4.00 (2.76)• Operating income increased by 47 percent to SEK 71.7 M (48.8) corresponding to an operating margin of 10.3 percent (9.0)• Cash flow from current operations was SEK 3.6 M (29.0)*) Geisler A/S was consolidated in the Group as from November 2006.3BO A/S was consolidated in the

PRESS RELEASE - Annual General Meeting April 17, 2007

Dividend 4:50The Annual General Meeting has approved a dividend for the 2006 financial year of SEK 4:50 per share. The record date for entitlement to the dividend is Friday April 20, 2007. The dividend is expected to be paid out through the agency of VPC (Swedish Securities Register Centre) on Wednesday April 25, 2007.Election of board members and feesMartin Svalstedt, Bengt A Dahl, Cecilia Geijer, Svend Holst-Nielsen, Lars-Åke Helgesson, Mikael Jonson, Aina Nilsson Ström and Nils-Erik Danielsson were re-elected members of the board. At a statutory board meeting following the Annual

YEAR-END STATEMENT January-December 2006

Ballingslöv International AB (publ)Id number 556556-2807• Net sales increased by 22 percent*) to SEK 2 274.1 M (1 870.9)• Organic growth was 11 percent• Net income for the period increased by 69 percent to SEK 144.6 M (85.4)• Earnings per share increased by 69 percent to SEK 13.29 (7.96)• Operating income increased by 52 percent to SEK 229.9 M (151.2) corresponding to an operating margin of 10.1 percent (8.1)• Cash flow from current operations was SEK 262.7 M (138.0)*) Kvik was not part of the group in Q1 2005

PRESS RELEASE - Ballingslöv acquires 3BO A/S, one of Denmark’s leading companies regarding products for storage.

Ballingslöv has 2007-01-08 acquired 3BO A/S with head quarter and factory just outside Hillerød on the north of Zealand.In the fiscal year 2006 3 BO A/S had a turnover of approximately MSEK 150 with an operating margin of 15 percent. 3BO A/S employs 60 people.3BO A/S develops, manufacture and distribute sliding-door wardrobes and shower walls. The products are sold through kitchen stores and builders merchants primarily on the Scandinavian market.3BO A/S has a good growth and both product ranges – sliding-door wardrobes and shower walls – fit well to the Ballingslöv business concept

PRESS RELEASE-Ballingslöv acquires the Geisler Group, one of the largest manufacturers in Scandinavia of work tops for the kitchen- and bathroom industry with annual sales of approximately MSEK 220.

Ballingslöv has acquired the Geisler Group with head quarter and head factory in Nykøbing Mors on Jutland.In the fiscal year July 2005-June 2006 Geisler had a turnover of approximatelyMSEK 220. Geisler employs 210 people.The Geisler Group is one of the leading manufacturers of custom made work tops for the kitchen- and bathroom industry. The product range covers work tops in laminate, solid wood, steel, granite, concrete, glass and composite materials. The customers are manufacturers and dealers for the kitchen- and bathroom industry in Scandinavia.Part of the Ballingslöv Group for

Nomination Committee Ballingslöv International AB (publ)

PRESS RELEASEThe major shareholders, together representing 47 percent of capital and votes in Ballingslöv International AB, has appointed the nomination committee to at the Annual General Meeting 2007 suggest:• Election of chairman of the board and other members of the board• Directors fees split between the chairman of the board and other members of the board and, if applicable, fees committees• General guidelines for the construction of the nomination committee• Chairman at the Annual General MeetingThe nomination committee has the following members;Nils Petter Hollekim

INTERIM REPORT January-September 2006

Ballingslöv International AB (publ)Id number 556556-2807• Net sales increased by 25 percent*) to SEK 1 641.9 M (1 312.7)• Net income for the period increased by 96 percent to SEK 101.5 M (51.9).• Earning per share increased by 96 percent to SEK 9.46 (4.84).• Operating income increased by 70 percent to SEK 160.7 M (94.8) corresponding to an operating margin of 9.8 percent (7.2• Cash flow from current operation was SEK 116.7 M (102.2)

INTERIM REPORT January-June 2006

Ballingslöv International AB (publ) Id number 556556-2807• Net sales increased by 34 percent*) to SEK 1121.6 M (839.9). • Net income for the period increased by 212 percent to SEK 75.3 M (24.1) • Earning per share increased by 212 percent to 7.02 (2.25) • Operating income increased by 119 percent to SEK 116.7 M (53.3) corresponding to an operating margin of 10.4 percent (6.3) • Cash flow from current operations was SEK 81.8 M (14.2) *) The Kvik company was not included in the Group figures during the first quarter 2005

INTERIM REPORT January-March 2006

Ballingslöv International AB (publ)• Net sales increased by 74 percent*) to SEK 544.6 M (313.6). Organic growth was approximately 19 percent based on the Group´s current holdings • Net income for the period increased by 53 percent to SEK 29.6 M (19.4) • Earning per share increased by 52 percent to 2.76 (1.81) • Operating income increased by 65 percent to SEK 48.8 M (29.6) corresponding to an operating margin of 9.0 percent (9.4) • Cash flow from current operations was SEK 29.0 M (-12.4) *) The Kvik company was not included in the Group figures during the first quarter 2005

Annual General Meeting April 12, 2006

Dividend 3:50 The Annual General Meeting has approved a dividend for the 2005 financial year of SEK 3.50 per share. The record date for entitlement to the dividend is Wednesday April 19, 2006. The dividend is expected to be paid out through the agency of VPC (Swedish Securities Register Centre) on Monday April 24, 2006. Election of board members and fees Lars-Åke Helgesson, Svend Holst-Nielsen, Martin Svalstedt, Aina Nilsson Ström, Bengt A Dahl, Mikael Jonson and Nils-Erik Danielsson were re-elected members of the board. Cecilia Geijer-Haeggström was elected new member of the board. Geijer-

YEAR-END STATEMENT 2005

January-December 2005 Ballingslöv International AB (publ)• Earnings increased by 44 percent to MSEK 1870.9 (1 298.3) • Net income decreased by 13 percent to MSEK 85.4 (98.4). Costs associated to the termination of Svane Køkkenet unaccounted, net income increased by 31 percent to MSEK 128.7 (98.4) • Earning per share decreased by 13 percent to 7.96 (9.17). Costs associated to the termination of Svane Køkkenet unaccounted, earning per share was 11.99 (9.17) • Operating income before was MSEK 151.2 (149.1), corresponding to an operating margin 8.1 percent (11.5). Costs associated to the

PRESS RELEASE Nomination Committee Ballingslöv International AB (publ)

Owners, representing 41.93 percent of capital and votes in Ballingslöv International AB has appointed the nomination committee to, at the annual general meeting in 2006 suggest; • Election of chairman of the board and other members of the board • Directors fees spitted between the chairman of the board and other members of the board and, if applicable, fees for committees • General guidelines for the constitution of the nomination committee • Chairman at the annual general meeting The nomination committee has the following members; Hollekim, Nils Petter Odin Fonder Nylander, Lennart Stena

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