12/20/2007 2:00:00 PM
PartnerTech and Phadia extend cooperation
PartnerTech and Phadia - which is a world leader in systems for diagnosing and
monitoring allergy, asthma and autoimmune diseases - have extended their
cooperation and signed a long-term agreement. The agreement, which covers
production of the ImmunoCAP 100 instrument and spare parts until 2012, has an
estimated value of SEK 20 million per year. "PartnerTech offers the level of
expertise and quality that we need in a
contract manufacturer,"...
12/10/2007 8:50:00 AM
Weak fourth quarter earnings trends -Action program adopted to improve
profitability
Declining demand is expected to generate operating earnings close to breakeven
for the fourth quarter. An action program is being adopted to adjust costs to
lower sales and to streamline operations. The measures are expected to steadily
boost earnings during 2008. Non-recurring costs of SEK 50 million will be
charged to fourth quarter earnings. For all of 2007, operating earnings
(including non-recur...
12/3/2007 3:30:15 PM
Changes in the Board of Directors
Mikael Jonson, who left his position as CEO of PartnerTech AB (publ) about a
month ago, is now also resigning from the Board of Directors. His resignation
will take effect on December 3, 2007.
For additional information, please call:
Marielle Noble, IR/Communications Manager
tel: +46 40-10 26 43 or +46 706-54 67 35
PartnerTech
PartnerTech develops and manufactures products under contract for leading
companies, primarily in telecom...
10/25/2007 9:00:17 AM
Invitation to conference call
A teleconference will be arranged on 26 October in connection with PartnerTech's
nine-month report 2007 were acting CEO Rune Glavare and CFO Jonas Arkestad will
comment on the report and answer questions.
The conference starts at 10 a.m.
You are welcome to take part by calling: +46 (0) 8 535 213 74
A presentation will be available on PartnerTech´s website, www.partnertech.se
under Financial Info/reports in good time before the conference starts. ...
10/25/2007 8:58:14 AM
Rune Glavare appointed as acting CEO of PartnerTech AB
PartnerTech will have a new CEO. The Acting CEO will be Rune Glavare, currently
a member of the Board of Directors. Mikael Jonson is leaving his position as
CEO.
Mr. Glavare - who is on a number of boards, including PartnerTech - is a former
Senior Vice President of Sanmina Europe, a leading international contract
manufacturer.
The process of hiring a new CEO for PartnerTech has begun.
“After nine years as PartnerTech CEO...
10/25/2007 8:57:16 AM
January-September 2007 Interim Report
A period of adjustments and lower volumes
Third quarter of 2007
•Net sales were SEK 618.9 million (769.0).
•The operating profit was SEK 14.4 million (48.5).
•Cash flow after investments amounted to SEK -80.2 million (22.6).
•Purchasing cooperation with 3CEMS in China was expanded.
January-September 2007
•Net sales were SEK 1,984.2 million (2,256.9).
•The operating profit was SEK 69.1 million (138.3).
•The profit after tax was SEK 41.7 mi...
10/24/2007 4:25:18 PM
PartnerTech hereby announces that the interim report for January - September
will be released on October 25, 2007
PartnerTech's Board of Directors has decided to reschedule the release of the
interim report for January - September 2007 from today October 24 to 9 am,
Thursday October 25.
PartnerTech
PartnerTech develops and manufactures products under contract for leading
companies, primarily in telecommunications, IT, the engineering industry and
medical technology. With ...
10/23/2007 3:45:15 PM
PartnerTech nominating committee
The following members have been appointed to this year's nominating committee:
- Henrik Blomquist, Skanditek Industriförvaltning AB (Chairman)
- Erik Sjöström, Livförsäkrings AB Skandia
- Kerstin Stenberg, Swedbank Robur Fonder
The selection was made in accordance with the instructions concerning principles
for the composition of the nominating committee adopted by PartnerTech's 26
April, 2006 annual general meeting.
Shareholders wishing to ...
9/4/2007 5:25:18 PM
Bulletin from extraordinary general meeting of PartnerTech AB (publ)
An extraordinary general meeting of PartnerTech (publ) today elected Lennart
Evrell as a new member of the Board of Directors. He replaces Claes Wretlind,
who recently announced his retirement from the Board.
Mr. Evrell has a Master of Engineering and a degree in business administration.
He has held positions at ABB, Atlas Copco, Sphinx Gustavsberg, Munters and Sapa,
all international companies. He is currently a ...
8/21/2007 8:00:44 AM
Lennart Evrell nominated as new Board member of PartnerTech
The nominating committee of PartnerTech AB has nominated Lennart Evrell to be a
new member of the Board of Directors, subject to election by an extraordinary
general meeting on September 4.
Mr. Evrell holds a Master of Engineering and M.B.A. He has held positions at
ABB, Atlas Copco, Sphinx Gustavsberg, Munters and Sapa, all international
companies. He is currently a member of the boards of Nordea Fonder and Cross
Country...
8/21/2007 8:00:17 AM
NOTICE TO ATTEND AN EXTRAORDINARY GENERAL MEETING OF PARTNERTECH AB (publ)
The shareholders of PartnerTech AB (publ) (the "Company") are hereby notified of
an extraordinary general meeting at 4:00 PM on Tuesday, September 4, 2007 at
Advokatfirman Delphi & Co, Regeringsgatan 30-32, Stockholm, Sweden.
REGISTRATION
Shareholders who plan to attend the meeting must:
• be entered in the share register kept by VPC AB by Wednesday, August 29, 2007
• have notified the Company of their a...
7/16/2007 10:00:41 AM
Vensafe chooses PartnerTech for strategic cooperation
Vensafe ASA, which develops and markets a safe system for the automated sale of
high-cost, small-sized items at retail outlets, has chosen PartnerTech for
long-term strategic cooperation. The agreement, which covers production of
mechanical and electronic components and assembly for Vensafe's new dispenser
sales concept, Zervio, is expected to boost PartnerTech's sales by approximately
SEK 100 million over three years. Orders worth...
7/13/2007 10:55:22 AM
Interim Report, January-June 2007
First half of the year largely devoted to adaptations and changes to support
international expansion
Second quarter of 2007
• Net sales decreased by 19.4% to SEK 683.1 million (847.6).
• The operating profit was SEK 24.3 million (56.9).
• Cash flow after investments totalled SEK 53.3 million (-39.1).
• Demand by some of the biggest customers was temporarily lower.
January - June 2007
• Net sales decreased by 8.2% to SEK 1,365.3 million...
7/11/2007 9:33:28 PM
PartnerTech and 3CEMS enter into a closer cooperation
The past years of cooperation have demonstrated that PartnerTech and 3CEMS are a
strong team. Entering into this new phase customers will benefit from improved
sourcing power and a wider technological expertise. Greater local presence both
in Asia and Europe will strengthen our ability to handle different products
throughout the lifecycle and all the way to the end-customer.
PartnerTech and 3CEMS have cooperated successfully for ...
6/29/2007 9:40:11 AM
PartnerTech grows along with Gyros
Gyros AB, a world leader in the miniaturization and integration of laboratory
applications, is growing rapidly. As a result, it has entered into a long-term
cooperation agreement with PartnerTech. Worth approximately SEK 150 million over
2½ years, the agreement covers production of the Gyrolab Workstation
microlaboratory. PartnerTech will deliver approximately SEK 30 million in
products during 2007.
Jan Würtz, CEO of Gyros AB, says that "we hav...
6/13/2007 3:17:57 PM
PartnerTech Åtvidaberg AB petitions for sequestration
As previously announced, PartnerTech Åtvidaberg AB, a subsidiary of PartnerTech
AB, has entered into arbitration proceedings against Swe-Dish Satellite Systems
AB concerning accounts payable on completed deliveries.
In connection with termination of the contractual relationship between
PartnerTech Åtvidaberg AB and Swe-Dish Satellite Systems AB, the two companies
agreed that certain disputed matters would be arbitrated. Swe-Dish ...
6/4/2007 10:30:14 AM
New orders: PartnerTech's cooperation with Tomra expands further
Tomra, a world-leading environmental technology company, has turned to
PartnerTech as an integrated supplier with additional orders for its Logistima
product group. Logistima orders are worth an estimated SEK 150 million on an
annual basis. Tomra has also selected PartnerTech as its main supplier for the
Tomra Recycling Center (Product group TRC).
Tomra and PartnerTech started working together in May 2005 on the Uno re...
6/1/2007 11:20:11 AM
Order by new international customer
PartnerTech and OptoPlan start cooperation
OptoPlan AS, which develops and markets fiber optic sensor systems for use in
the oil and gas industry, has chosen PartnerTech for long-term strategic
cooperation. Scheduled for delivery in the next three quarters, the order is
initially worth approximately SEK 30 million. The agreement, which covers
production of mechanical components for OptoPlan's new sensor system, is
expected to boost PartnerTech's ...
4/25/2007 8:30:14 PM
Bulletin from PartnerTech AB Annual General Meeting, April 25, 2007
CEO Mikael Jonson reported to the meeting that PartnerTech performed very well
in 2006. Both sales and the operating profit more than doubled from 2005 due to
new orders by existing customers and the impact of the year's acquisitions,
including the Hansatech Group in the UK. Mr. Jonson also presented the company's
first quarter sales. PartnerTech's strategy of focusing on the
business-to-business segment of the contra...
4/25/2007 4:05:25 PM
Interim Report, January-March 2007
Final delivery of large orders leads to a relatively moderate start in 2007
Net sales rose by 7% to SEK 682.2 million (640.2)
The operating profit increased to SEK 30.4 million (32.9)
The profit after tax was SEK 18.2 million (21.6)
Earnings per share after tax totaled SEK 1.44 (1.73)
The Industry/Telecom business unit reported 40% higher sales
For additional information, please call:
Mikael Jonson, CEO, +46 40-10 26 41 or +46 70-678...
4/24/2007 11:00:20 AM
Nominating committee's proposal pursuant to Item 11, selection of Board members,
at PartnerTech's Annual General Meeting, April 25, 2007
The nominating committee proposes that the Annual General Meeting re-elect all
current Board members. The current members are Johan Ek, Rune Glavare, Mikael
Jonson, Dag Tigerschiöld, Patrik Tigerschiöld and Claes Wretlind.
The nominating committee proposes Patrik Tigerschiöld as the new Chairman of the
Board, to succeed the current Chairman Dag Ti...
4/19/2007 10:00:23 AM
PartnerTech acquires Labyrint Development in Fredrikstad, Norway
PartnerTech AS has acquired Labyrint Development AS in Fredrikstad, Norway. With
some ten employees, the company reported sales of almost NOK 10 million in 2006.
“The acquisition is a valuable addition to the business that we acquired in
Moss, Norway during 2006 and part of our ongoing internationalization strategy,”
says PartnerTech CEO Mikael Jonson.
Labyrint Development has specialist expertise in design, innovati...
4/11/2007 6:00:17 PM
Annual Report 2006
PartnerTech AB's Annual Report for fiscal 2006 is being published today on the
Group website at www.partnertech.com
The Annual Report has been simultaneously been distributed to PartnerTechs's
shareholders.
Copies of the Annual Report can be ordered via the Internet or by phone to
PartnerTech AB, telephone: +46 (0)40-10 26 40.
For more information, please call:
Jonas Arkestad, CFO, PartnerTech AB: +46 70 659 15 10
PartnerTech...
3/28/2007 7:45:12 AM
Invitation to attend the Annual Generel Meeting of PartnerTech AB
The shareholders of PartnerTech AB are hereby invited to attend the annual
general meeting at 5:30 PM on Wednesday, April 25, 2007, at Casino Cosmopol,
Slottsgatan 33 in Malmö, Sweden. Prior to the meeting, the shareholders will
have the opportunity to listen to a presentation about the Company's business in
Finland, Norway and the UK. The presentation will begin at 4:30 PM.
REGISTRATION
Shareholders who plan to atte...
2/15/2007 6:50:21 AM
PartnerTech: 2006 Preliminary Earnings Report A Year of Rapid Growth and
International Expansion · Net sales rose by 51.8 % to SEK 3,057.2 million
(2,013.9) · The operating profit increased to SEK 180.0 million (88.1) · The
profit after tax was SEK 122.6 million (53.1) · Earnings per share after tax
totaled SEK 9.79 (4.49) · The Board proposes an increased per-share dividend to
SEK 3.00 (1.30) For additional information, please call: Mikael Jonson,
President and CEO, +46 70 678 10 01 Jo...
2/7/2007 7:35:12 AM
PartnerTech Restructures its Åtvidaberg Operations Contract manufacturer
PartnerTech has decided to give notices of termination to 100 of the
approximately 450 employees at its Åtvidaberg plant. The main reason for the
decision is the decline in volumes after final delivery of a number of major
orders in 2006 and the first half of 2007. Twenty-five office workers and 75
employees under collective agreements will be affected. Union negotiations will
begin immediately. The restructuring m...