News : Aluminium profiles

Interim report: ProfilGruppen is back after the fire

10/24/2011 8:30 AM EST - ProfilGruppen

Third Quarter

* Turnover MSEK 179.3 (203.5), down 12 percent compared to previous year

* Operating profit MSEK 7.5 (7.2) after one-off charges of net MSEK 1.5 (0.0)

* Operating profit for the period comprises insurance compensation of MSEK 12.4 for loss of production in conjunction to a fire

* Net income MSEK 4.3 (4.1)

* Cash flow from current operations MSEK 27.4 (9.7)

* Earnings per share SEK 0.87...

All production lines back in operation at ProfilGruppen

10/4/2011 10:00 AM EST - ProfilGruppen

The production facility at ProfilGruppen that in June suffered from a major fire has now resumed its production after three months of production stop. Focus has from day one been on minimizing the negative impact for ProfilGruppens customers. This has gone beyond expectations since production could be re-routed to other presses. The restored pressline has also been partly modernized.

The production was up and...

ProfilGruppen initiates negotiations regarding personnel reductions of 55 employ...

9/14/2011 9:10 AM EST - ProfilGruppen

ProfilGruppen has today, as one of the steps in an ongoing efficiency program, made a decision to initiate negotiations regarding personnel reductions of 55 employees. The negotiations with the unions will be started immediately. "It is terribly sad to be forced to lay off personnel but it is necessary to assure our long term competitiveness", says acting CEO Peter Schön.

CEO of ProfilGruppen is leaving due to family reasons

8/5/2011 8:02 AM EST - ProfilGruppen

The CEO of ProfilGruppen, Claes Seldeby has announced his resignation due to family reasons and will leave the company on 1 September 2011. Peter Schön, CFO of ProfilGruppen, has been appointed deputy CEO from the same day. The recruitment of a new CEO of ProfilGruppen has been initiated.

ProfilGruppen's EU project resulted in new product concept

6/28/2011 5:00 AM EST - ProfilGruppen

ProfilGruppen’s EU project ”Aluminum in new ways” has resulted in a strengthened collaboration with Jönköping University/School of Engineering. A new product concept developed as a part of a joint product development project together with ABB Cewe-Control, one of ProfilGruppens customers, and in collaboration with Jönköping University provides...

Fire incident at one of ProfilGruppen's production facilities

6/15/2011 6:00 AM EST - ProfilGruppen

Late last night, a fire broke out at one of ProfilGruppen's production facilities for extrusion of profiles. The production at the unit is halted for the time being and cleanup work has started. The extent of the damage, and thus also the duration of the production interruption, will be investigated during the week.

“Fortunately no one has been injured by the fire, which is after all the most important”, says CEO...

New Production Director in ProfilGruppen

4/26/2011 8:00 AM EST - ProfilGruppen

Samuel Sandkvist has been appointed Production Director in ProfilGruppen. He is 49 years old and his previous position was at Thule Sweden AB where he has been production manager and responsible for the production of roof rack systems and the supply of components to Thule's assembly plants in Poland.

The role as Production Director in the ProfilGruppen group is a newly created position with overall responsibility...

Daniel Snöman becomes new Marketing and Business development manager in the Prof...

3/28/2011 12:00 PM EST - ProfilGruppen

Daniel Snöman has been appointed Marketing and Business development manager in ProfilGruppen. His previous position was at Schneider Electric Sverige AB where he has been Business area manager / Business VP Installation Systems & Control.

Daniel Snöman will assume the position as of June 1, 2011. The ambition for the newly created position is to develop ProfilGruppen's business and to strengthen the...

Annual General Meeting in ProfilGruppen AB (publ.)

2/22/2011 9:00 AM EST - ProfilGruppen

Shareholders of ProfilGruppen AB (publ.), corporate identity number 556277-8943, are hereby called to attend the Annual General Meeting on Thursday 31 March 2011 at 15:00 in Folkets Hus in Åseda

AGM Programme
In conjunction with the AGM, a factory tour in the company’s facilities for production of extrusions will be arranged. The gathering for the factory tour will be at the meeting facilities at 13:00. There...

The Board is proposing a dividend of SEK 1.50 per share

2/16/2011 8:00 AM EST - ProfilGruppen

Fourth Quarter

* Turnover MSEK 230.5 (192.2), up 20 percent compared to previous year.

* Operating profit/loss MSEK 4.1 (2.1), charged with MSEK 1.9 for arbitration costs.

* Cash flow from current operations MSEK 19.0 (18.5).

* Earnings per share SEK 0.21 (-0.08)

Full year

* Turnover MSEK 901.4 (764.3), up 18 percent compared to previous year.

* Operating profit/loss MSEK 29.2 (-10.5), charged...

News : Aluminium profiles

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