Releases - CARDO

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2008

 

Found press releases

 

CARDO GOES INTO CONSULTATION AFFECTING UP TO 150 PEOPLE IN RESIDENTIAL GARAGE DO...

12/15/2008 9:01 AM EST
As part of a plan to reduce production capacity and cut costs, approximately 150 people at the unit in Bowburn in the UK will be affected by this decision.
“The UK market is characterized by excess capacity and price competition. The decision to go into consultation at unit in Bowburn comes after a prolonged period of market decline which we mentioned in connection with the report for the third quarter,” says...

EXECUTIVE VICE PRESIDENT AND AUDIT COMMITTEE APPOINTED AT CARDO

12/10/2008 2:30 AM EST
The board of directors of Cardo AB (publ) has appointed Ulf Liljedahl as Executive Vice President of Cardo and has established an audit committee within the board.
At a board meeting of Cardo AB (publ) on December 9 2008, the board resolved to appoint CFO Ulf Liljedahl as Executive Vice President of Cardo. At the board meeting, a resolution was also passed to establish an audit committee consisting of Ulf...

REPURCHASE OF SHARES IN CARDO - FLAGGING

12/3/2008 5:00 AM EST
Cardo AB (publ) has repurchased shares for SEK 235,993,175.
From August 14 to December 2 2008, executive management of Cardo AB has repurchased 1,500,000 shares in the Company for a total of SEK 235,993,175, signifying an average price of SEK 157.33.

The repurchases have been made under the authorization of the general meeting of shareholders and a resolution of the board of directors of June 18 2008 to...

CARDO GETS ORDER FOR HANGAR DOORS IN POLAND

11/25/2008 4:00 AM EST
Cardo’s division Door & Logistics Solutions is to supply several hangar doors for hangars located at various airfields throughout Poland. The order is worth SEK 21 million. Most of the doors will be delivered before the end of 2008.
“The doors will be produced at our Megadoor plant in Skellefteå, Sweden, and the order is a result of our ability to meet their specific requirements and need of delivery before the...

INTERIM REPORT JANUARY – SEPTEMBER 2008

11/12/2008 2:30 AM EST
INCREASED SALES AND IMPROVED EARNINGS • Inflow of orders: SEK 7,322 million (7,172) • Net sales: SEK 6,855 million (6,576) • Operating earnings: SEK 472 million (332) • Net earnings: SEK 290 million (208) • Net earnings per share: SEK 9.91 (6.92) • Cash flow from operating activities after tax: SEK 536 million (180) • Repurchase of own shares: SEK 445 million

INVITATION TO CONFERENCE CALL ON NOVEMBER 12 2008, 10.00 AM

11/5/2008 5:42 AM EST
Cardo’s interim report for the period January-September 2008 will be presented on Wednesday, November 12. President and CEO Peter Aru will comment on the published interim report and answer questions during a conference call the same day at 10.00 am.
The interim report will be published at about 8.30 am on November 12. The report will subsequently be available at www.cardo.com.

The conference call will be...

INTERIM REPORT JANUARY - JUNE 2008

8/13/2008 2:30 AM EST
CONTINUED GROWTH
• Inflow of orders: SEK 5,075 million (4,835)
• Net sales: SEK 4,530 million (4,390)
• Operating earnings: SEK 283 million (192)
• Net earnings: SEK 178 million (117)
• Net earnings per share: SEK 5.95 (3.87)
Cardo shows continued growth for the half-year 2008. After an inflow of orders in the first quarter in line with a strong first quarter the previous year, the second quarter saw the...

INVITATION TO CONFERENCE ON AUGUST 13 2008, 10.00 AM

8/11/2008 2:44 AM EST
Cardo’s interim report for the period January-June 2008 will be presented on Wednesday, August 13. President and CEO Peter Aru will comment on the published interim report and answer questions during a conference the same day at 10.00 am.
The interim report will be published at about 8.30 am on August 13. The report will subsequently be available at www.cardo.com.

FINANCIAL HEARINGS IN STOCKHOLM
President...

CARDO ACQUIRES MANUFACTURER OF MEASURING INSTRUMENTS FOR PULP AND PAPER INDUSTRY

7/21/2008 2:29 AM EST
Cardo has acquired the Finnish company Kajaani Process Measurements Oy, which is one of Finland’s leading manufacturers of sophisticated measuring instruments for the pulp and paper industry. The information is not deemed to be stock price sensitive information.
Kajaani Process Measurements Oy (KPM) has approximately ten employees and sales of approximately SEK 20 million. KPM, which was founded in 2001, runs...

REPURCHASE OF SHARES IN CARDO - FLAGGING

6/27/2008 2:39 AM EST
Cardo AB (publ) has repurchased shares for SEK 222,752,850.
From June 23 to June 26 2008, executive management of Cardo AB has repurchased 1,500,000 shares in the Company for a total of SEK 222,752,850, signifying an average price of SEK 148.50.

The repurchases have been made under the authorization of the general meeting of shareholders and a resolution of the board of directors of June 18 2008.

The...

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