Releases - CARDO

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2005

 

Found press releases

 

New member of election committee ahead of AGM 2006

After September 30 2005, the Third National Swedish Pension Fund has reduced its shareholding in Cardo and is no longer one of the largest owners of the company. In consequence of this, the Third National Swedish Pension Fund’s representative Kerstin Hessius is leaving her position as a member of the election committee ahead of Cardo’s annual general meeting 2006.

Under the annual general meeting’s resolution on...

Financial Information from Cardo

Dates of reports and Annual General Meeting of Cardo AB in 2006: February 7 Report on Operations 2005 March Annual Report 2005 April 6 Annual General Meeting May 3 Interim Report January - March 2006 August 10 Interim Report January - June 2006 November 2 Interim Report January - September 2006 Malmö, December 1 2005 Cardo AB (publ)

Interim Report, January - September 2005

• Inflow of orders: SEK 5,881 million (5,872)
• Net sales: SEK 5,476 million (5,491)
• Net earnings: SEK 113 million (117)
• Earnings per share: SEK 3.77 (3.91)
• Cardo Pump’s positive trend continued
On the whole, business developed positively during the third quarter with increased volumes and improved earnings compared with the corresponding period the previous year. At Cardo Pump, the good earnings trend...

Election committee ahead of AGM 2006

Under a resolution of Cardo’s annual general meeting on April 11 2005, an election committee shall be appointed ahead of each annual general meeting consisting of the chairman of the board of directors and one representative of each of the company’s three largest shareholders on September 30 each year. The person representing the company’s largest owner shall chair the election committee.
The second largest...

Interim Report, January - June 2005

• Inflow of orders: SEK 3,951 million (4,002) • Net sales: SEK 3,575 million (3,691) • Net earnings: SEK 28 million (89), equivalent to SEK 0.93 (2.98) per share • Positive trend for Cardo Pump, while trend for Garage field within Cardo Door remained weak • Cardo to be reorganized into a purely operational industrial group aimed at business-to-business customers - cost level to be reduced by at least SEK 200...

Changes in Cardo group management

Peter Möller is leaving his post as head of the Industrial Door field within Cardo Door. Until a new head of the field takes over, Cardo’s president and CEO Peter Aru will hold the post.

Fredrik Groth has been appointed new head of the Pump field within Cardo Pump and a member of Cardo’s group management team. Fredrik Groth comes from the post as CFO of Pump. He is taking over responsibility as head of the field...

Interim Report, January-March 2005

• Inflow of orders: SEK 1,835 million (1,943)
• Net sales: SEK 1,621 million (1,709)
• Net earnings: SEK -16 million (5)
• Earnings per share: SEK -0.53 (0.16)
• Weak trend for Garage field within Cardo Door
• Peter Aru new President and CEO of Cardo as of April 21 2005

The Group’s inflow of orders amounted to SEK 1,835 million (1,943), a decrease of 4 percent after adjustment for the effects of exchange rate...

Peter Aru new president and CEO of Cardo

Kjell Svensson is leaving his post as president and CEO of Cardo and at the same time vacating his seat on the board of Cardo AB.

Peter Aru has been appointed as the new president and CEO and will take up his duties immediately.
Peter Aru, who is 48 years old and holds a degree in engineering, has been head of the Pump field within Cardo Pump since January 2004. Before that he was president of Besam, which...

Change in Cardo’s management

Tom Lövstad is leaving his post as head of the Garage field within Cardo Door. Until a new head of the field takes over, the post will be held by Cardo’s president and CEO Kjell Svensson. Malmö, Sweden, April 12 2005 Cardo AB (publ)

Cardo AB annual general meeting

At Cardo AB's annual general meeting today, the following resolutions were among those passed:

Board of directors
Re-election of the members of the board: Fredrik Lundberg, Lennart Nilsson, Tuve Johannesson, Berthold Lindqvist, Carina Malmgren Heander, Bengt Pettersson, Anders Rydin and Kjell Svensson.

At the statutory meeting of the board after the annual general meeting, Fredrik Lundberg was appointed chairman...

CARDO

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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  • Senior Vice President Communications and Investor Relations
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