Datum | Källa | Rubrik | Typ | Alternativ |
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2024-04-30 | Ependion | Ändrat antal aktier och röster i Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-30 | Ependion | Change in number of shares and votes in Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-26 | Penser Access by Carnegie | Penser Access by Carnegie: Interview with Ependion - Carnegie Investment Bank - April 24th, 2024 | Pressreleaser | Visa Stäng |
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2024-04-25 | Penser Access by Carnegie | Penser Access by Carnegie: Ependion - Sekventiellt högre orderingång | Pressreleaser | Visa Stäng |
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2024-04-25 | Ependion | Ependion AB has completed the issuance of class C shares | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-25 | Ependion | Ependion AB har genomfört en emission av C-aktier | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-24 | Ependion | Ependion AB emitterar C-aktier | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-24 | Ependion | Ependion AB issues class C shares | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-24 | Ependion | Ependion AB: Interim Report January-March 2024: Continued focus on the future in a cautious market | Rapporter | Ladda ner | Visa Stäng |
Rapporter |
Ependion AB: Interim Report January-March 2024: Continued focus on the future in a cautious marketFirst quarter
Comments from CEO Jenny Sjödahl ”The development in the first quarter of 2024 shows a sequential improvement for order intake, sales, and earnings. Compared to the previous year, however, Ependion’s business was affected by weaker demand for both business entities driven by the uncertainty in the world economy and the high interest rate. With an EBIT margin of 12.4%, I can state that the Group succeeded better in mitigating the negative effects on the bottom line than during the fourth quarter last year. Ependion’s order intake decreased to 528 MSEK for the period. For the Group as well as for the two business entities, order intake was lower than in the first quarter last year, but stronger than in the immediately preceding quarter. For Westermo, order intake amounted to 310 MSEK, where the train, trackside and energy segments all contributed to stronger order intake than in the fourth quarter. However, the record-breaking first half of 2023 is disturbing the comparison because Westermo’s, and also the Group’s, largest customer then extended their order horizon, which led to a very high order booking that did not reflect the underlying demand. The business entity’s order backlog amounted to a continued strong 906 MSEK at the end of the period, of which just over half refers to deliveries in 2024. For Beijer Electronics, the order intake in the quarter totalled to 219 MSEK, an improvement compared to the fourth quarter of 2023, but lower than the same quarter last year. The weak development in Asia contributed to the decline, while Europe developed slightly positively, and North America was stable. The business entity’s order intake was also affected by the strategic decision in 2023 to discontinue the business within Display Solutions, a product area with low margins. Beijer Electronics’ order backlog amounted to 302 MSEK at the end of the period. The Group’s sales for the first quarter amounted to 599 MSEK, which is slightly lower than for the equivalent period last year but stronger than the previous quarter. While Westermo increased invoicing to 364 MSEK, Beijer Electronics reduced sales to 236 MSEK. During the period several future-oriented investments in profitable growth were made. Westermo opened a sales office in Denmark with a focus on the energy segment, at the same time as the work on the previously decided establishment in India proceeded according to plan. Beijer Electronics presented its new strategy. To be able to sustainably perform in line with Ependion’s financial goals going forward, the business entity will prioritize three areas: marine applications, machine builders in the manufacturing industry, and solutions for demanding environments. During the quarter the new strategic focus has been communicated in the organization and the implementation phase has begun. EBIT for the first quarter of 2024 decreased to 74 MSEK, with an EBIT margin of 12.4%. It is weaker than the comparison period, but clearly better than the fourth quarter last year. Westermo’s EBIT increased slightly to 55 MSEK, while the EBIT margin fell to 15.2% mainly as a result of a temporarily poorer product mix in deliveries. Beijer Electronics’ EBIT amounted to 31 MSEK with the EBIT margin of 13.3%, which is weaker than the comparison period results but significantly better than in the fourth quarter last year. The cost reduction program that was initiated in the third quarter of 2023 with the main focus on Asia has now given the desired effect, which contributes to strengthened margins compared to the previous quarter. The Group’s product development initiatives constitute the engine behind our organic growth ambition, and development expenses accounted for 12.6% of sales during the period. During the quarter, Westermo has launched several new product lines that complement and renew the offering. Beijer Electronics’ development of next generation HMIs is in an intense phase, aiming for launch before the end of the year. The work to integrate sustainability as a natural part of our operations continues, and although there is much left to do, I am pleased that our progress on sustainability issues has increased significantly. During the quarter, we worked on the development of a double materiality assessment at Group level in accordance with the EU’s new CSRD regulations, while the business entities’ continued with concrete sustainability-related activities. In our Annual and Sustainability report published during this period, we provide examples of how we address these issues. The beginning of the year has not given us reason to change our outlook for 2024: external factors remain uncertain, and we see a subdued demand because of weaker economic conditions. In the short term, the lower order intake rate at Westermo over the past three quarters has led to a weaker order backlog for the second quarter. While selectively making forward-looking investments, both business entities are working to increase efficiency and adjust costs to the volume development. Our positive outlook on the long-term growth opportunities in our focus segments remains unchanged, as the demand for our products and solutions is driven by strong global trends such as digitalization and the green transition.” Invitation to presentation of the report Today, a conference call will be held for press and analysts, where President and CEO Jenny Sjödahl and CFO Joakim Laurén present the company and comment on the report. Time: Wednesday, April 24, 14:00 CET To participate in the conference please dial: From SE: +46(0) 0200 899 189 To access the presentation please use this link: The report and the presentation will be available at the company’s website www.ependion.com. A recording of the conference call will also be available here after the event. Welcome to join!
This disclosure contains information that Ependion AB is obliged to make public pursuant to the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 24-04-2024 13:00 CET. |
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2024-04-24 | Ependion | Ependion AB: Delårsrapport januari-mars 2024: Fortsatt framtidsfokus i avvaktande marknad | Rapporter | Ladda ner | Visa Stäng |
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2024-04-08 | Ependion | Kallelse till årsstämma i Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-08 | Ependion | Notice of the AGM of Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2024-04-02 | Ependion | Ependion AB: Ependion publicerar års- och hållbarhetsredovisning för 2023 | Rapporter | Ladda ner | Visa Stäng |
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2024-03-04 | Ependion | Ependion AB: Ependions affärsenhet Beijer Electronics presenterar ny strategi | Pressreleaser | Ladda ner | Visa Stäng |
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2024-03-04 | Ependion | Ependion AB: Ependion's business entity Beijer Electronics presents new strategy | Pressreleaser | Ladda ner | Visa Stäng |
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2024-02-29 | Penser Access by Carnegie | Penser Access by Carnegie: Ependion - 4 minutes by Penser | Pressreleaser | Visa Stäng |
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2024-02-16 | Ependion | Ependion AB: Nomination Committee Board Proposals for 2024 | Pressreleaser | Ladda ner | Visa Stäng |
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2024-02-16 | Ependion | Ependion AB: Valberedningens förslag till styrelse för 2024 | Pressreleaser | Ladda ner | Visa Stäng |
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2024-01-30 | Penser Access by Carnegie | Penser Access by Carnegie: Intervju med Ependion - Carnegie Investment Bank - 30 jan 2024 | Pressreleaser | Visa Stäng |
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2024-01-26 | Redeye | Redeye: Ependion - Softer Q4, but structural growth remains in the medium to long-term | Pressreleaser | Ladda ner | Visa Stäng |
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2024-01-26 | Penser Access by Carnegie | Penser Access by Carnegie: Ependion - Den svaga efterfrågan är tillfällig | Pressreleaser | Visa Stäng |
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2024-01-25 | Ependion | Ependion AB: Bokslutskommuniké 2023: Dämpad efterfrågan avslutar rekordår | Rapporter | Ladda ner | Visa Stäng |
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2024-01-25 | Ependion | Ependion AB: Financial Statement 2023: Subdued demand ends record year | Rapporter | Ladda ner | Visa Stäng |
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2024-01-19 | Ependion | Ependion AB: Invitation to presentation of Financial Statement 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2024-01-19 | Ependion | Ependion AB: Inbjudan till presentation av Bokslutskommuniké 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2023-10-26 | Penser Access | Penser Access: Intervju med Ependion - Erik Penser Bank - 26 oktober 2023 | Pressreleaser | Visa Stäng |
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2023-10-25 | Redeye | Redeye: Ependion: Stable quarter, albeit the mixed picture remains | Pressreleaser | Ladda ner | Visa Stäng |
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2023-10-24 | Ependion | Ependion AB: Delårsrapport januari-september 2023: Nytt rekordresultat i fortsatt blandad marknad | Rapporter | Ladda ner | Visa Stäng |
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2023-10-24 | Ependion | Ependion AB: Interim Report January-September 2023: New record result in continued mixed market | Rapporter | Ladda ner | Visa Stäng |
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2023-10-20 | Ependion | Ependion AB: Inbjudan till presentation av niomånadersrapport 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2023-10-20 | Ependion | Ependion AB: Invitation to presentation of Nine-month interim report 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2023-10-04 | Penser Access | Penser Access: Deep dive in Ependion - Erik Penser Bank - Oct 4th 2023 | Pressreleaser | Visa Stäng |
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2023-10-04 | Ependion | Valberedning utsedd i Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-10-04 | Ependion | Nomination Committee Appointed in Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-09-12 | Ependion | Ependion AB: Ependion signs multi-million contract in Energy | Pressreleaser | Ladda ner | Visa Stäng |
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2023-09-12 | Ependion | Ependion AB: Ependion tecknar mångmiljonavtal inom energi | Pressreleaser | Ladda ner | Visa Stäng |
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2023-07-24 | Redeye | Redeye: Ependion - Overall strong, but a few worrying clouds in the near-term too | Pressreleaser | Ladda ner | Visa Stäng |
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2023-07-17 | Penser Access | Penser Access: Intervju med Ependion - Erik Penser Bank - 14 Juli | Pressreleaser | Visa Stäng |
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2023-07-17 | Penser Access | Penser Access: Nytt rekord för orderingång, omsättning och EBIT - Ependion | Pressreleaser | Visa Stäng |
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2023-07-14 | Ependion | Ependion AB: Interim Report January-June 2023: New record for order intake, revenue, and profit in a mixed market | Rapporter | Ladda ner | Visa Stäng |
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2023-07-14 | Ependion | Ependion AB: Delårsrapport januari-juni 2023: Nytt rekord för orderingång, försäljning och resultat i blandad marknad | Rapporter | Ladda ner | Visa Stäng |
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2023-07-06 | Ependion | Ependion AB: Inbjudan till presentation av halvårsrapport 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2023-07-06 | Ependion | Ependion AB: Invitation to presentation of Six-month interim report 2023 | Pressreleaser | Ladda ner | Visa Stäng |
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2023-07-05 | Ependion | Ependion AB: Ependion's Annual & Sustainability report 2022 now available in English-language | Rapporter | Ladda ner | Visa Stäng |
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2023-06-27 | Ependion | Ependion AB: Ependion's business entity Westermo wins another large train contract | Pressreleaser | Ladda ner | Visa Stäng |
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2023-06-27 | Ependion | Ependion AB: Ependions affärsenhet Westermo vinner ännu ett större tågavtal | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-31 | Ependion | Change in number of shares and votes in Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-31 | Ependion | Ändrat antal aktier och röster i Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-16 | Ependion | Beijer Electronics Group AB bekräftar namnbyte till Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-16 | Ependion | Beijer Electronics Group AB confirms name change to Ependion AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-11 | Beijer Electronics Group | Beijer Electronics Group's Board of Directors has decided to transfer own shares | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-11 | Beijer Electronics Group | Beijer Electronics Groups styrelse har beslutat om överlåtelse av egna aktier | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-10 | Beijer Electronics Group | Beslut fattade på årsstämman i Beijer Electronics Group AB | Pressreleaser | Ladda ner | Visa Stäng |
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2023-05-10 | Beijer Electronics Group | Resolutions adopted at the Annual General Meeting of Beijer Electronics Group AB | Pressreleaser | Ladda ner | Visa Stäng |
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2022-10-06 | Beijer Electronics Group | Valberedning utsedd i Beijer Electronics Group AB | Pressreleaser | Ladda ner | Visa Stäng |
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2022-04-27 | Beijer Electronics Group | Beijer Electronics Group: Interim report January-March 2022: Order intake at new record level, earnings improvement continues | Rapporter | Ladda ner | Visa Stäng |
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