Releases - Höganäs

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2000

 

Found press releases

 

Interim Report

January - September 2000

Highlights

Net sales MSEK 2,242 +29%

Income before tax *) MSEK 685 +49%

Operating margin 20.1% (25.1)

Equity/assets ratio 51% (65)

*) Incl. capital gain of share
sale

Höganäs acquires

HÖGANÄS ACQUIRES SPECIALTY POWDER MANUFACTURER IN UK

Höganäs has made an agreement with Wilshaw PLC, UK, to acquire the assets
of Wilshaw's subsidiary Powdrex Ltd.

Powdrex is the world's leading manufacturer of unique high-speed steel
powders, which are used principally for hardfacing valves and valve seats
in vehicle engines. Powdrex' product range represents an important

InterimReport HÖGANÄS

HÖGANÄS AB (publ)

Interim Report January - June 2000

Highlights

Net sales MSEK 1.489 +29%
Income before tax *) MSEK 559 +85%
Operating margin 21.2% (24.5)
Equity/assets ratio 53% (62)

*) Incl. capital gain of share sale

Höganäs General Annual Meeting

ANNUAL GENERAL MEETING

The Annual General Meeting of Höganäs AB (publ) was held on Thursday 11
May 2000 in the HB Hall in Höganäs.

Pursuant to the Board's proposal the Meeting approved a dividend of SEK
4.00 per share with 16 May 2000 as the date of record.

Ulf G Lindén, Claes Lindqvist, Bernt Magnusson, Hans Mivér and Per Molin
(all re-elected) and Magnus Lindstam and...

Höganäs - Highlights

Interim Report January - March 2000


Highlights


Net sales MSEK 699 +26%


Income before tax MSEK 152 +3%


Operating margin 20.3% (24.8)

Equity/assets ratio 66% (68)


Proposed dividend SEK 4.00 per share (3.70)


...

Purchase of shares and option scheme

Repurchase of shares and option scheme

In its Year End Report dated 10 February 2000 the Board of Höganäs AB
announced that it intended to ask the Annual General Meeting for
authorization enabling the Board to buy and sell the Company's shares in
accordance with a forthcoming amendment to the Swedish Limited Companies
Act.

The Board has decided today to propose to the Annual...

Höganäs AB buys American iron powder manufacturer

As a further step in its establishment strategy for the North American
market, Höganäs AB has entered into an agreement with Zemex Corporation
whereby Höganäs is to acquire Pyron Corporation, a subsidiary of Zemex.

Pyron Corp. produces both atomized and sponge iron powders. Atomized iron
powder is used principally for component manufacture. Pyron Corp.'s sponge
iron powder has unique...

DaimlerChrysler and Höganäs sign agreement for development of new powder based m...

DaimlerChrysler and Höganäs sign agreement for development of new powder
based manufacturing process

DaimlerChrysler and Höganäs recently entered into a three-year development
contract. The objective is to bring a unique manufacturing process called
K3 up to an industrial level, including the development of tailor-made
metal powder feed stock. The development partners have contracted...

Year End Report 1999

HÖGANÄS AB (publ)



Highlights

Invoicing 2,392 MSEK +8%

Income before tax 629 MSEK +11%

Operating margin 24.7% (24.3)

Equity/assets ratio 66% (63)

Proposed dividend SEK 4.00 per share (3.70)

Acquisition of steel...

Höganäs AB buys American steel mill

The object of Höganäs AB's establishment on the North American market is
to achieve substantial market share. Local manufacture of iron powder is a
strategically important factor in achieving this aim. As a step in its
establishment strategy, Höganäs AB has therefore entered into an agreement
with ChemFirst, Inc. whereby Höganäs is to acquire FirstMiss Steel, Inc.,
a subsidiary of...

Höganäs


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