News : Peter Aru

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Annual general meeting 2011 and new CEO of Cardo

4/4/2011 12:53 PM EST  -   CARDO
At today’s annual general meeting of Cardo at the premises of Mannheimer Swartling Advokatbyrå in Malmö, Sweden, it was resolved that no dividend be paid for the financial year 2010.

Further, ASSA ABLOY AB’s proposals to the annual general meeting were approved, entailing among other things that Johan Molin, Tomas Eliasson, Juan Vargues, Jacob Wahlberg and Krister Eriksson were elected as new board members. Johan...

Report on operations 2010

2/4/2011 2:30 AM EST  -   CARDO
• Inflow of orders: SEK 8,113 million (8,424)

• Net sales: SEK 7,973 million (8,825)

• Operating earnings: SEK 843 million (529)

• Net earnings: SEK 598 million (345)

• Cash flow from operating activities after tax: SEK 872 million (1,416)

• Earnings per share: SEK 22.15 (12.78)

• Proposed dividend: SEK 10.00 (9.00)
President and CEO Peter Aru:
“The inflow of orders rose by three percent in...

Invitation to conference on February 4 2011 after publication of Cardo’s year-en...

1/27/2011 8:14 AM EST  -   CARDO
Cardo’s year-end report 2010 will be published on Friday, February 4, at approximately
8.30 am CET.

This invitation is for a conference at Operaterrassen in Stockholm the same day at 10.00 am CET. President and CEO Peter Aru will comment on the report and answer questions. Please note that the conference will be held in Swedish.
The presentation will be hosted by Financial Hearings and notification of...

Interim report January - September 2010

11/12/2010 2:30 AM EST  -   CARDO
• Inflow of orders: SEK 6,086 million (6,423)
• Net sales: SEK 5,592 million (6,303)
• Operating earnings: SEK 410 million (310)
• Net earnings: SEK 293 million (211)
• Cash flow from operating activities after tax: SEK 501 million (978)
• Earnings per share: SEK 10.85 (7.81)
President and CEO Peter Aru:
“The inflow of orders rose by one percent during the first nine months of the year. In the third...
Peter Aru, President and CEO, Cardo
 

Cardo wins door order in Singapore worth SEK 9.5 million

11/11/2010 3:00 AM EST  -   CARDO
Cardo has entered into an agreement to supply doors at Changi International Airport in Singapore. The order is worth SEK 9.5 million.
In its division Cardo Entrance Solutions, Cardo offers products that include doors of up to 150 meters in width tailored to the requirements of the aircraft, mining and shipyard industries. The order in question includes new Megadoor hangar doors in an existing hangar at Changi...

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
 

Interim report, January - June 2010

8/13/2010 2:30 AM EST  -   CARDO
• Inflow of orders: SEK 4,155 million (4,391)

• Net sales: SEK 3,691 million (4,350)

• Operating earnings: SEK 216 million (202)

• Net earnings: SEK 143 million (127)

• Cash flow from operating activities after tax: SEK 343 million (581)

• Earnings per share: SEK 5.29 (4.71)
President and CEO Peter Aru:
“After a weak start to the year, the inflow of orders increased during the second quarter....

Cardo wins door order worth SEK 19 million

8/13/2010 2:29 AM EST  -   CARDO
Cardo has entered into an agreement to supply hangar doors for Charles de Gaulle Airport in Paris, France. The order is worth SEK 19 million.
In its division Cardo Entrance Solutions, Cardo offers products that include doors of up to 150 meters in width tailored to the requirements of the aircraft, mining and shipyard industries. The doors can be installed in new buildings or in existing ones without the need...

Cardo wins door order worth SEK 8 million

6/23/2010 7:30 AM EST  -   CARDO
Cardo has entered into an agreement worth SEK 8 million to supply hangar doors.
In its division Cardo Entrance Solutions, Cardo offers products that include doors of up to 150 meters in width tailored to the requirements of the aircraft, mining and shipyard industries. The order in question includes replacement of existing hangar doors by new Megadoor doors for an airfield in mid-Sweden.
“Megadoor is an...