News : Cardo Flow Solutions

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ASSA ABLOY sells Cardo Flow Solutions

4/7/2011 1:02 AM EST  -   CARDO
ASSA ABLOY has through its subsidiary Cardo AB signed an agreement with the Swiss company Sulzer Ltd to sell Cardo Flow Solutions. The selling price is SEK 5,900 M on a cash and debt free basis. The agreement does not include Lorentzen & Wettre.
At the announcement of the public offer for Cardo on December 13, 2010, ASSA ABLOY communicated its intention to consolidate Cardo Entrance Solutions in ASSA ABLOY’s...

Cardo wins order worth SEK 8.5 million from wastewater treatment plant in Singap...

10/22/2010 6:00 AM EST  -   CARDO
Cardo has entered into an agreement to supply turbocompressors and mixers for Singapore’s largest biological wastewater treatment plant. The order is worth SEK 8.5 million.
In its division Cardo Flow Solutions, Cardo offers an extensive product portfolio of pumps, mixers, agitators, aerators, compressors, control and monitoring equipment, and service for the transport and treatment of wastewater.

 

The...

Invitation to Cardo’s Capital Market Day november 25 2010

9/8/2010 8:06 AM EST  -   CARDO
Cardo welcomes analysts, investors and the media to a Capital Market Day on Thursday November 25 2010.
The Capital Market Day will be devoted to presenting the business within Cardo and the main focus will be on the two divisions, Cardo Entrance Solutions and Cardo Flow Solutions, and their solutions to the greatest challenges of our time – the shortage of clean water, efficient transportation and reduced...
Peter Aru, President and CEO Cardo
 

Cardo wins order worth EUR 1.2 million for equipment for treatment plant in Arge...

5/25/2010 4:11 AM EST  -   CARDO
Cardo has entered into an agreement to supply pumps and mixers for a wastewater treatment plant in Argentina. The order is worth EUR 1.2 million and delivery is expected to occur during the second half of 2010.
Cardo’s pumps and mixers will be used in the treatment process at a wastewater treatment plant for Buenos Aires serving approximately 8 million residents. Cardo won the order thanks to reliable,...

Interim report January – March 2010

5/4/2010 2:30 AM EST  -   CARDO
• 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...
Peter Aru, president and CEO, Cardo
 

Cardo wins orders worth SEK 10 million from treatment plants

4/12/2010 2:45 AM EST  -   CARDO
Cardo in Spain has won orders to supply pumps and mixers for two wastewater treatment plants. The orders are worth a total of SEK 10 million.
“These are two significant orders that we have taken,” says Peter Aru, President and CEO of Cardo. “There is a great need for wastewater treatment in countries with strong population growth, but also in Europe, for example, where wastewater treatment systems in many cases...

Historical comparative information regarding changed divisional structure

4/9/2010 2:45 AM EST  -   CARDO
As has been announced previously, Cardo is coordinating its operations in the divisions Cardo Entrance Solutions and Cardo Flow Solutions. Historical comparative information regarding the two divisions is being published today on our website at www.cardo.com.
Cardo’s operations are being coordinated by integrating the previous divisions Door & Logistics Solutions and Residential Garage Doors in Cardo Entrance...
Peter Aru, President and CEO Cardo
 

Cardo establishes new production unit in China

3/2/2010 8:00 AM EST  -   CARDO
Cardo has decided to establish a new production unit in China in order to further strengthen its market position and competitiveness in the field of wastewater treatment. Establishment of the production unit will begin during the spring of 2010 and the unit is expected be in operation at the end 2011.
Cardo Flow Solutions sells equipment for the transportation and treatment of wastewater under the ABS brand,...