Daily Fasteners and Fixings News by Bazibaza

Sweden

Strong Q2 result and good cash flow. Major restructuring initiated in foundry business – FinnvedenBulten Press Release

SECOND QUARTER Net sales reached SEK 814 million (830), down 1.9% on the same period last year. Earnings (EBIT) adjusted for non-recurring items were SEK 51 million (40), which corresponds to an adjusted operating margin of 6.3% (4.8). Earn... [Read More]

2013/07/14

FinnvedenBulten restructures foundry operation and concentrates its European magnesium die casting to Poland | FinnvedenBulten

In order to carry out FinnvedenBulten AB’s (“FinnvedenBulten”) long-term strategy and improve profitability for die cast components, the Finnveden Metal Structures division intends to streamline its foundry operation by concentrating its ... [Read More]

2013/05/30

Press release from the Annual General Meeting of FinnvedenBulten AB (publ) April 24, 2013 – FinnvedenBulten

FinnvedenBulten AB (publ) has held its Annual General Meeting on April 24, 2013. Below is a summary of the decisions made at the meeting. Adoption of the income statement and balance sheet, and discharge from liability The AGM adopted the income ... [Read More]

2013/04/25