Releases - Höganäs

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2007

 

Found press releases

 

HÖGANÄS AB - SENIOR VICE PRESIDENT PER ENGDAHL TO TAKE UP THE RESPONSIBILITY FOR...

Höganäs AB today announces that Per Engdahl will take up the position as responsible for the Höganäs Asia Region from the 1st of January 2008. The Höganäs subsidiaries in Japan, China, Taiwan, South Korea and the markets in South East Asia are included in the region.
Per Engdahl is currently Vice President Business Development and Sales for the Höganäs Group. Mr Engdahl joined Höganäs in 1985 and has held...

INTERIM REPORT, JANUARY - SEPTEMBER 2007

Highlights (For table see attached fil.) · Sustained strong progress in Europe and healthy volume gains in China and Southeast Asia. Weaker volume growth in the US, Japan and Korea is in line with the market. · Volumes grew by 4% in quarters 1 - 3, which is consistent with the market. · Gross profit was MSEK 859 (806), due to metal price volatility, time-lag on pricing models to customers and depreciation...

ELECTION COMMITTEE AND ANNUAL GENERAL MEETING

In accordance with the decision taken at the AGM in April, a new election committee has been appointed. It comprises Per Molin, Chairman of Höganäs AB, Ulf G Lindén, Lindéngruppen AB, Carl-Olof By, Industrivärden, Ramsay Brufer, Alecta and Henrik Didner, Didner & Gerge Fonder AB.
The Annual General Meeting will be held at 3 p.m. on 21 April 2008 at HB-hallen, Höganäs,...

INTERIM REPORT, JANUARY - JUNE 2007

Highlights
(For table see attached file)
· Sustained robust volume growth. Volumes grew by 5%, which is better than the market.
· Höganäs’ North American sales volumes continued to expand in the period despite negative market progress.
· Operating income adjusted for one-off items and earnings from currency forward contracts was MSEK 341, a 15% increase year on year.
· Cash flow from operating activities...

APPOINTMENT OF NEW CFO SVEN LINDSKOG

Höganäs AB today announces that Sven Lindskog will join the Group Management as Chief Financial Officer with effect from 1 October 2007. He brings a substantial track record in finance, both in Sweden and internationally as well as a wealth of strategic, analytical and leadership skills.
After having spent 17 years at Unilever, in several managerial positions on different levels and in different countries, most...

HÖGANÄS INVESTS IN A NEW FACTORY FOR ATOMISING OF IRON POWDER IN BRAZIL

Höganäs, through its subsidiary Höganäs Brasil Ltda, has decided to build a new plant in Mogi das Cruzes, São Paulo, for the manufacturing of atomised iron powder. The investment amounts to approximately SEK 50 million.
The strong and growing demand in South America, from both the component and consumable market segments, has led to the decision to increase the manufacturing capacity in Brazil. The new factory...

ANNUAL GENERAL MEETING

At today’s Annual General Meeting of Höganäs AB the Meeting approved a dividend of SEK 6.25 per share with 30 April 2007 as record date in accordance with the proposal of the Board of Directors.
The present Directors Alrik Danielson, Jenny Lindén Urnes, Per Molin, Bernt Magnusson, Agnete Raaschou-Nielsen, Bengt Kjell, Oystein Krogen and Hans-Olov Olsson were re-elected and Urban Jansson was elected as a new...

INTERIM REPORT, JANUARY - MARCH 2007

MSEK * Net sales 1 413 +8% * Operating income 188 +15% * Operating margin,% 13,3 (12,5) * Income before tax 172 +15% * Income after tax 126 +14% * Earnings per share before and after dilution, SEK 3,62 (3,17) * Equity/assets ratio, % 51,8 (50,3) · Sustained robust volume growth. Volumes grew by 9%, which is better than the market. · Operating income adjusted for one-off items and earnings from currency...

THE ELECTION COMMITTEE’S PROPOSAL FOR BOARD MEMBERS OF HÖGANÄS AB

The Election Committee has informed Höganäs that it intends to present to the Annual General Meeting on 25 April 2007 inter alia the following proposals
- The Board of Directors shall, unchanged, consist of nine ordinary Board Members.
- Alrik Danielson, Per Molin, Jenny Lindén Urnes, Bernt Magnusson, Agnete Raaschou-Nielsen, Bengt Kjell, Oystein Krogen and Hans-Olov Olsson shall be re-elected as Board...

YEAR-END REPORT 2006

Highlights

(For table, please see the attahced file)

· Sustained robust volume growth. Volumes have grown by 9%.
· Operating income adjusted for non-recurring items and earnings from currency forward contracts was MSEK 513, a 13% increase year on year.
· The US powder market contracted in 2006 due to the trend towards smaller, more fuel-efficient cars.
GROUP
NET SALES
Full year 2006
Net sales...

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