12/12/2011 10:00:00 AM
Anders Knutsson appointed Executive Vice President Operations for System
Integration and Enclosures
Anders Knutsson had been appointed Executive Vice President Operations for
System Integration and Enclosures at PartnerTech. In his position he will be
heading the operational area of Systems Integration and Enclosures, including
PartnerTechs’ sites in Åtvidaberg (Sweden), Moss (Norway), Vantaa (Finland) and
Anders, (46), holds a MSc in Mechanical Engineering from...
12/2/2011 9:30:00 AM
PartnerTech signs agreement with Vestas Control Systems
Contract manufacturer PartnerTech AB and Vestas Control Systems A/S, a leading
manufacturer of wind turbine generators, have today signed an agreement for the
manufacturing and supply of products to Vestas Control Systems.
The agreement will potentially cover the full scale of PartnerTech’s competences
within electronics, mechanics, enclosures and system integration, and production
will initially cover enclosures delivered from...
10/27/2011 12:00:00 PM
PartnerTech Interim Report January - September 2011
THIRD QUARTER OF 2011
• Net sales were SEK 535.6 million (482.1)
• Operating profit was SEK 10.0 million (-5.3)
• Loss after tax was SEK -0.8 million (-9.5)
• Earnings per share after tax totaled SEK -0.07 (-0.75)
• Cash flow after investments amounted to SEK 2.1 million (-44.9)
FIRST NINE MONTHS OF 2011
• Net sales were SEK 1,684.3 million (1,563.5)
• Operating profit increased by SEK 39.9 million to SEK 18.1 mill...
10/12/2011 1:00:00 PM
PartnerTech nominating committee
The following members have been appointed to this year's nominating
Henrik Blomquist, Bure Equity AB
Petter Stillström, Traction AB
Philip Wendt, Länsförsäkringar fondförvaltning AB
Patrik Tigerschiöld, Chairman of the Board
The selection was made in accordance with the instructions concerning
principles for the composition of the nominating committee adopted by
the annual general meeting.
Shareholders wishing to propose Board member...
7/14/2011 11:30:00 AM
PartnerTech Interim Report January - June 2011
SECOND quarter 2011
• Net sales were SEK 562.0 million (524.0)
• Operating profit was SEK 5.0 million (-14.7)
• Profit after tax was SEK 0.2 million (-13.8)
• Earnings per share after tax totaled SEK 0.01 (-1.09)
• Cash flow after investments amounted to SEK 0.3 million (8.6)
FIRST HALF of 2011
• Net sales were SEK 1,148.7 million (1,081.4)
• Operating profit improved by SEK 24.6 million and amounted toSEK 8.1
5/23/2011 8:00:00 AM
PartnerTech's collaboration with Tomra expands further
As a complete supplier to Tomra Systems, a world-leading manufacturer of
reverse vending machines, PartnerTech has received a new assignment for
the U.S. market. The assignment involves a large product development
project, followed by production at PartnerTech's plant in Atlanta.
As part of a far-reaching collaborative relationship, PartnerTech is a
complete supplier of a large percentage of the products sold by the
5/5/2011 7:00:00 PM
Press release from the annual general meeting of PartnerTech AB (publ),
May 5, 2011
Among the resolutions passed by the meeting were:
· All of the company's unappropriated earnings of SEK 127,017,784 are
to be carried over to new account, as the result of which no dividend
will be payable for fiscal year 2010 (SEK 0/share for fiscal year 2009).
· The members of the board and the CEO were discharged from liability
for fiscal year 2010.
· The income statement and balance s...
5/5/2011 1:00:00 PM
PartnerTech Interim Report January-March 2011
• Net sales were SEK 586.7 million (557.4)
• Operating profit was SEK 3.1 million (-1.7), after restructuring costs
of SEK 7.4 million for
consolidation of the British business in Cambridge
• Loss after tax was SEK -4.3 million (-5.1)
• Earnings per share after tax totalled SEK -0.34 (-0.41)
• Cash flow after investments amounted to SEK 15.6 million (-11.3)
• The equity/assets ratio was 36.7% (41.4) on March 31
Business continues ...
4/13/2011 8:00:00 AM
Åke Bengtsson will be the new CFO of PartnerTech
Åke Bengtsson will be the new CFO and Vice President Finance of
PartnerTech. He succeeds Jonas Arkestad, who will leave his post for
another position as previously announced.
Åke, age 48, has long experience of executive financial positions with a
number of international companies. He is currently CFO for Cardo
Entrance Solutions, a division of Cardo AB. Before that he was Finance
Manager for the Nordic operations of Rexam Beverage C...
4/8/2011 2:40:00 PM
PartnerTech's Annual Report has today been published
PartnerTech's Annual Report for 2010 has today been published on the
company's website, www.partnertech.com (http://www.partnertech.com/) and
is also attached in this message.
Distribution of the printed Swedish version starts today, while
distribution of the English version will start during week 16.
For more information, please contact:
Marielle Noble, IR & Communications Manager, +46 40-10 26 43
4/5/2011 8:00:00 AM
Notice of Annual General Meeting of PartnerTech AB
The shareholders of PartnerTech AB (publ) are hereby invited to the
general annual meeting at 5:00 PM on Thursday, May 5, 2011 at Östergatan
39 in Malmö (SEB's premises).
Shareholders who plan to participate in the meeting must:
be entered into the share register kept by Euroclear Sweden AB on
Friday, April 29, 2011, and
notify the Company by 4:00 PM on Friday, April 29, 2011, of their
attendance or that of a leg...
4/4/2011 10:09:34 AM
PartnerTech obtains new orders from the defense industry
PartnerTech has obtained new orders worth a total of approximately SEK
100 million from three large customers in the defense industry.
Production will take place at the PartnerTech plant in Karlskoga for
delivery in 2011.
For a long time PartnerTech plant in Karlskoga has manufactured
mechanical components for all of these customers. The new orders will
significantly boost volumes at the plant in 2011.
“Because customers i...
3/18/2011 3:14:00 PM
PartnerTech provides customer information regarding the situation in
PartnerTech has today informed its customers that the
crisis in Japan affects parts of the company's supply
chain and therefore may cause disorders in the
supply of certain products.
Today, it is very difficult to accurately assess the impact the crisis
will have on the company's deliveries. About a
dozen suppliers are directly affected by the earthquake and
subsequent tsunami and accidents. In the near term...
3/14/2011 2:10:00 PM
Notice of termination at PartnerTech's Vellinge Customer Center due to
increased internal efficiency and relocation of production according to
PartnerTech has today announced a notice of termination for 13 white
collar and 24 blue collar workers at its Vellinge Customer Center.
Negotiations have begun with union representatives.
The notice is a result of the investments and the improvement project
carried out in 2010, both of which increased internal efficiency.
2/24/2011 9:33:46 AM
Beijer Electronics chooses PartnerTech
Beijer Electronics, one of the world's biggest independent developers
and manufacturers of Human Machine Interface (HMI) solutions, has chosen
PartnerTech as electronics supplier for its new platform. Beijer
Electronics is a customer of PartnerTech's Industry market area.
PartnerTech in China will manufacture for Beijer Electronics. Initial
deliveries are scheduled for the second quarter of 2011.
”PartnerTech and Beijer Electronics have had ...
2/18/2011 12:23:07 PM
Year-end Report 2010
Fourth quarter 2010
• Net sales were SEK 617.6 million (556.1)
• Operating profit was SEK 6.5 million (1.5)
• Profit after tax was SEK 8.8 million (-4.7)
• Earnings per share after tax totaled SEK 0.70 (-0.37)
• Cash flow after investments amounted to SEK 16.2 million (34.7)
• Net sales were SEK 2,181.1 million (2,148.0)
• Operating loss was SEK -15.3 million (-3.5)
• Loss after tax was SEK -19.6 million (-21.5)
• Earnings per shar...
2/4/2011 1:16:46 PM
PartnerTech intends to consolidate its UK operations to the Cambridge
PartnerTech Ltd (UK) today announced that it intends to consolidate its
UK operations to its Cambridge facility. The purpose of the proposal is
to further strengthen PartnerTech's business in the UK in order to reach
sustainable profitability in this market. This consolidation of its
business to Cambridge is expected to reduce costs and increase
efficiency but also to increase market focus and customer ser...