Releases - Haldex

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Haldex and Master Announce Strategic Partnership in Brazil

12/13/2011 2:30 AM EST
Haldex and Master Sistemas Automotivos Limitada, have signed a long term collaboration agreement in which the companies undertake to cooperate in the manufacturing, sales and technical support of commercial vehicle trailer anti-lock systems for pneumatic brakes (Trailer ABS) for the Brazilian market.
In Brazil a new legislation will be introduced starting 2013 requiring all new trailers to be 100% equipped with...

Jay Longbottom has decided to step down as CEO of Haldex

11/17/2011 2:30 AM EST
Jay Longbottom has decided to step down from his position, as CEO of Haldex AB. Ulf Ahlén, former Executive Vice President of Haldex Traction, will replace him as acting CEO from December 1, 2011.
The background for Jay Longbottom’s decision to step down as CEO is that it has proved to be difficult to combine residing in the USA, and at the same time heading a publicly listed Swedish company. Based in Kansas...

HALDEX INTERIM REPORT JANUARY – SEPTEMBER 2011

10/20/2011 2:30 AM EST
Q3: Operating margins sustained
Haldex Group (Continued Operations*) July-September 2011:

· Sales for Haldex Continued Operations amounted to SEK 1,017 m compared to SEK 977 m in the corresponding period last year. Adjusted for exchange rate fluctuations, sales increased 12% compared with the same period prior year. This is approximately at the same levels as in the second quarter.
· Operating income and...

Nominations Committee at Haldex AB prior to 2012 Annual General Meeting

10/18/2011 2:30 AM EST
Investment AB Öresund, Afa Försäkring, Göran Carlson through companies and Unionen have formed a Nomination Committee before the 2012 Haldex Annual General Meeting.
Investment AB Öresund, Afa Försäkring, Göran Carlson through companies and Unionen have formed a Nomination Committee before the 2012 Haldex Annual General Meeting. Together these owners represented 26.1% of the votes in Haldex AB as per September...

Haldex supplies anti-lock braking system to leading Chinese Bus Manufacturers

9/22/2011 2:30 AM EST
Two of the leading Chinese Bus manufactures Suzhou Kinglong and Golden Dragon have chosen Haldex as the supplier of ABS (Anti-lock Braking System), TK+.
Two of the leading Chinese Bus manufactures, Suzhou Kinglong and Golden Dragon, have chosen Haldex as the supplier of Anti-lock Braking System, TK+. Serial supply to both customers has already started.

The Haldex TK+ is a cost effective and expandable system...

Haldex establishes platform for further growth in Brazil

8/29/2011 2:30 AM EST
Haldex do Brazil is preparing for growth in the South American markets in the years to come. In order to take advantage of this opportunity Haldex has decided to develop a new facility in São José dos Campos.
The activities in São Paulo and Flores da Cunha are going to be moved starting in December 2011 and the activities at the present Rio de Janeiro site starting January 2012. The project is planned to be...

Change of number of shares and votes

7/29/2011 2:30 AM EST
The number of shares and votes in Haldex has during July 2011 decreased by 44,215,970 from 88,431,940 to 44,215,970.
As of July 29, 2011 there are in total 44,215,970 shares and votes in the company. The decrease is a result of the reduction of the share capital which was resolved by the AGM on June 8, 2011, as part of a mandatory redemption program.

HALDEX SIX-MONTH REPORT JANUARY - JUNE 2011

7/21/2011 2:30 AM EST
Q2: Continued strong results with an operating margin of 6.4%

· The Group’s structural programs were completed during this second quarter. Haldex Continued Operations consist of the former Commercial Vehicle Systems Division.

Haldex Continued Operations:

· Sales for Haldex Continued Operations totaled SEK 1,978 m (1,858). Adjusted for exchange rate fluctuations, sales increased 19% compared with the same...

Change of number of shares and votes

6/30/2011 2:30 AM EST
The number of shares and votes in Haldex has increased by 44,215,970 to 88,431,940 during June 2011.
As of June 30, 2011 there are in total 88,431,940 shares and votes in the company. The increase is a result of the share split which was resolved by the AGM on June 8, 2011 as part of a mandatory redemption program.

Jay Longbottom assumes responsibility as President and CEO of Haldex AB as of Ju...

6/15/2011 12:10 PM EST
As announced earlier, Jay Longbottom, presently head of Haldex Commercial Vehicle Systems Division, will become President and CEO of Haldex AB. Jay Longbottom will assume his assignment when the company’s restructuring occurs on 16 June 2011, and as the Commercial Vehicle Systems Division begins trading under the Haldex AB name and the former Hydraulic Systems Division is listed as Concentric AB.

On June 16, Pramod...