Releases - Höganäs

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2008

 

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PERSONNEL REDUCTION IN THE HÖGANÄS GROUP

11/11/2008 6:57 AM EST
In order to meet the declining demand on the world market, Höganäs will adapt its production capacity and its organization.

As a result of the capacity adaptations, the Group starts consultations with relevant trade unions concerning personnel reductions affecting approximately 160 employees in Sweden, Belgium, USA, Brazil and China.
The downturn in the automotive market, which has been prevailing in North...

INTERIM REPORT, JANUARY - SEPTEMBER 2008

10/23/2008 4:58 AM EST
Highlights (For table see attached file.) • Volume growth of 2.7% in the third quarter despite a market under pressure in August and September. Continued high volume growth in Asia and South America. Group volume growth of 5.0% in the nine-month period. • Operating income for the third-quarter MSEK 131 (112), up 17% year on year, positively affected by lower costs for nickel and a weaker SEK. Unfavourable...

INTERIM REPORT, JANUARY - SEPTEMBER 2008

10/23/2008 2:59 AM EST
Highlights (For table see attached file.) • Volume growth of 2.7% in the third quarter despite a market under pressure in August and September. Continued high volume growth in Asia and South America. Group volume growth of 5.0% in the nine-month period. • Operating income for the third-quarter MSEK 131 (112), up 17% year on year, positively affected by lower costs for nickel and a weaker SEK. Unfavourable...

HÖGANÄS’ THIRD QUARTER 2008: GROWTH AND EARNINGS GAINS DESPITE WEAK BUSINESS CYC...

10/23/2008 2:58 AM EST
Höganäs’ sales grew by 5.8%, and operating income by 17% in the third quarter 2008, despite weaker demand on several markets. This was due to expanded volumes and higher pricing. Höganäs’ take-over of the business acquired from Kobelco in North America is ahead of plan.
Höganäs AB is publishing its Interim Report for January-September 2008 today. The company’s net sales in the third quarter increased from MSEK...

INTERIM REPORT, JANUARY - JUNE 2008

7/16/2008 2:59 AM EST
Highlights (For table see attached file) * A strong second quarter 2008 with 7% volume growth. Continued high growth in Asia, as well as North and South America. Group volume growth in the first half-year: 6%. * Operating income for the first half-year was MSEK 428 (363), up 18% year on year, positively affected by MSEK 33 of sales of CO2 emission rights and price increases from the first quarter....

NORTH AMERICAN HÖGANÄS INC. ACQUIRES KOBE STEEL’S NORTH AMERICAN STEEL POWDER BU...

7/10/2008 1:59 AM EST
Höganäs AB has reached agreement through its subsidiary North American Höganäs Inc. to take over the business of Kobelco Metal Powder of America, Inc (“KOMPA”), a subsidiary of Kobe Steel, Ltd. The agreement was signed on July 9 in Pennsylvania, USA.
The agreement calls for KOMPA, located in Seymour Indiana, to shift production and marketing of its steel powder to North American Höganäs over a brief period as...

ANNOUNCEMENT OF CHANGE IN THE TOTAL NUMBER OF SHARES AND VOTES IN THE COMPANY

6/30/2008 2:59 AM EST
Höganäs AB confirms that the company’s share capital per 30 June 2008 amounts to SEK 175,494,660 and the total number of shares amounts to 981,000 shares of series A and 34,117,932 shares of series B. The number of votes in the company amounts to 43,927,932. Höganäs AB holds 298.300 own shares of series B. As Höganäs’ redemption procedure was executed on 12 June 2008, there are no longer any outstanding redemption...

ANNOUNCEMENT OF CHANGE IN THE TOTAL NUMBER OF SHARES AND VOTES IN THE COMPANY

5/30/2008 2:59 AM EST
Höganäs AB confirms that the company’s share capital per 30 May 2008 amounts to SEK 175,494,660 and the total number of shares amounts to 981,000 shares of series A and 34,117,932 shares of series B as well as 981,000 redemption shares of series A and 34,117,932 redemption shares of series B. The number of votes in the company amounts to 43,927,932. Höganäs AB holds 298,300 own shares of series B and 298,300...

MIKAEL CARLESON APPOINTED AS PRESIDENT - REGION EUROPE

5/28/2008 7:59 AM EST
Höganäs AB today announces that Mikael Carleson will join Höganäs as President for the European operations with effect 1 September, 2008. He brings a substantial track record from sales, marketing, finance, manufacturing and general management. He has been engaged in industrial as well as service business in Process and Food industries in all four corners of the world. Mr Carleson comes from Alfa Laval AB where he...

REPORT FROM ANNUAL GENERAL MEETING

4/21/2008 10:30 AM EST
At today’s Annual General Meeting of Höganäs AB a dividend of SEK 6.25 per share with 24 April 2008 as record date was resolved in accordance with the proposal of the Board of Directors. In accordance with the proposal of the Board of Directors, the Meeting further resolved to implement an automatic redemption procedure, pursuant to which each share will be divided into two (2:1 share split) whereby each shareholder...

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