Cavotec SA announces change in FY15 guidance
Due to very challenging delivery schedules for 4Q15 the Board and Management of Cavotec SA have today issued new FY15 guidance of revenues between EUR 230 and 235 million and a somewhat reduced level of profitability compared to FY14. Previous guidance was for moderate FY15 revenue growth and a strengthening EBIT towards the second half of the year.
Cavotec SA wins lawsuit against Colaco
The Board of Directors of Cavotec SA ("Cavotec" or the "Company") is pleased to announce that following a seven-week courtroom trial in California between Cavotec and Michael Colaco, a 12-person jury, on June 18 and 19 (PSDT), issued a verdict in favor of Cavotec, the Chairman of its Board of Directors, and the CEO.
Cavotec 4Q14 Report and Full Year 2014 Summary
A summary of Cavotec's Fourth Quarter 2014 Report and Full Year 2014 Summary published today.
Cavotec SA appoints new Group Chief Financial Officer
Announcement of the appointment of Cavotec's new Group Chief Financial Officer, Kristiina Leppänen, who will relieve interim CFO Leena Essén on 1 May 2015.
Cavotec 3Q14 results summary and related materials
This is a summary of the third quarter 2014 published today. The complete third quarter 2014 report with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.
Notice of Extraordinary General Meeting in Cavotec SA
The Shareholders of Cavotec SA are invited to attend the Extraordinary General Meeting (EGM) to be held on Tuesday, November 11, 2014 at 11.00 (CET) at the IVA Conferenscenter, Grev Turegatan 16 in Stockholm, Sweden. Doors open at 10.30 (CET).
Bure invests SEK 189 million in Cavotec through a directed share issue
The Board of Directors of Cavotec SA has reached an agreement with Bure Equity AB regarding a directed share issue of 7,138,780 new shares, corresponding to approx. 9.9% of the total number of shares outstanding. The subscription price is set at SEK 26.50 per share and the net proceeds, after deduction of stamp duty and transaction costs, will amount to approx. SEK 187 million.
Cavotec's 2Q14 conference call on 7 August 2014
Cavotec has today, 7 August 2014, published its 2Q14 results. A conference call for investors, analysts and media will be held today at 12:00 CEST.
Cavotec 2Q14 results summary and related materials.
This is a summary of the second quarter 2014 published today. The complete second quarter 2014 report with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.
Cavotec's 2Q14 Report and conference call on August 6
Cavotec will publish its 2Q14 results on Wednesday 6 August 2014 at approximately 13:00 CEST. A conference call for investors, analysts and media will be held at 14:00 CEST.