News : Cardo AB (publ)

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Interim report January – March 2010

• Inflow of orders: SEK 1,947 million (2,219)
• Net sales: SEK 1,728 million (2,138)
• Operating earnings: SEK 57 million (61)
• Net earnings: SEK 39 million (24)
• Cash flow from operating activities after tax: SEK 131 million (391)
• Earnings per share: SEK 1.44 (0.87)
President and CEO Peter Aru:
“Demand remained weak in Europe during the first quarter, while other markets showed a positive trend. The cold...
 

Cardo’s AGM 2010

At Cardo’s annual general meeting at Palladium in Malmö, Sweden, today April 7, Cardo’s President and CEO Peter Aru stated that 2009 had been a challenging year and that the process of change to create an operative industrial group had been further strengthened.
“During 2009, we succeeded in adapting to the prevailing market situation and changing our product and market mix at the same time as we further...

Cardo’s annual report 2009

Cardo’s annual report for 2009 is being published in Swedish today on our website at www.cardo.com. The printed version will be distributed to shareholders and other parties.
In the annual report, Cardo’s President and CEO Peter Aru comments:
“Cardo is a changing company. The past year put us to the test in our process of change, but in a very difficult market situation we succeeded in adapting to the reality...

Notice of Cardo’s Annual General Meeting

The annual general meeting of Cardo AB (publ) will be held on Wednesday, April 7 at 5.00 pm at Palladium, Södergatan 15 in Malmö, Sweden.
An agenda containing the matters that are proposed to be brought before the general meeting is included in the official notice to attend the meeting, which will be published on March 3 in the Swedish newspapers Dagens Industri, Svenska Dagbladet and Sydsvenska Dagbladet and...
 

Report on operations 2009

• Inflow of orders: SEK 8,424 million (9,455)
• Net sales: SEK 8,825 million (9,742)
• Operating earnings: SEK 529 million (941)
• Net earnings for the year: SEK 345 million (592)
• Cash flow from operating activities after tax: SEK 1,356 million (1,004)
• Earnings per share: SEK 12.78 (18.10) 2)
• Proposed dividend: SEK 9.00 (9.00)
President and CEO Peter Aru:
“Cardo performed relatively well during 2009 and...
 

Interim report January-September 2009

• Inflow of orders: SEK 6,423 million (7,158)
• Net sales: SEK 6,303 million (6,709)
• Operating earnings: SEK 310 million (485)
• Net earnings: SEK 211 million (304)
• Cash flow from operating activities after tax: SEK 926 million (536)
• Earnings per share: SEK 7.81 (9.91)2
President and CEO Peter Aru:
“Demand remained weak during the third quarter, and the inflow of orders decreased in all markets except for...

Interim report January-June 2009

• Inflow of orders: SEK 4,390 million (4,960)
• Net sales: SEK 4,350 million (4,429)
• Operating earnings: SEK 202 million (290)
• Net earnings: SEK 127 million (186)
• Cash flow from operating activities after tax: SEK 539 million (217)
• Earnings per share: SEK 4.71 (5.94)
President and CEO Peter Aru:
“The market situation remains weak with low demand and a high level of price competition. The inflow of...

Interim report January-March 2009

• Inflow of orders: SEK 2,219 million (2,381)
• Net sales: SEK 2,138 million (2,049)
• Operating earnings: SEK 61 million (90)
• Net earnings: SEK 24 million (56)
• Cash flow from operating activities after tax: SEK 366 million (46)
• Earnings per share: SEK 0.87 (1.73)2)
President and CEO Peter Aru:
“The first quarter was challenging and the inflow of orders for new products decreased in all markets....

Cardo AB announces change of the share capital as per 30 April 2009

Due to the reduction of the share capital by means of withdrawal of the company’s repurchased shares and stock dividend, Cardo AB confirms the following. As per 30 April 2009, the company’s share capital amounts to SEK 300,000,000 and the total number of shares amounts to 27,000,000 shares. The number of votes in the company amounts to 27,000,000. Cardo AB does hence no longer hold any own shares.


Malmö,...

Cardo’s AGM 2009

At Cardo’s annual general meeting at Palladium in Malmö, Sweden on April 6, Cardo’s President and CEO Peter Aru stated that during 2008 the Group exceeded all the targets that were set up for its industrial operations three years ago.
“Cardo has succeeded in developing its service concept and with the activities and the results that were delivered in 2008 I judge that we are better prepared than we have been...