Last kr71.00 SEK
Change Today 0.00 / 0.00%
Volume 42.4K
As of 11:30 AM 08/21/14 All times are local (Market data is delayed by at least 15 minutes).

finnveden bulten ab (FBAB) Snapshot

Open
kr71.00
Previous Close
kr71.00
Day High
kr71.50
Day Low
kr70.25
52 Week High
06/2/14 - kr86.50
52 Week Low
08/27/13 - kr39.90
Market Cap
1.5B
Average Volume 10 Days
56.3K
EPS TTM
kr4.19
Shares Outstanding
21.0M
EX-Date
04/30/14
P/E TM
16.9x
Dividend
kr2.00
Dividend Yield
2.82%
Current Stock Chart for FINNVEDEN BULTEN AB (FBAB)

Related News

No related news articles were found.

finnveden bulten ab (FBAB) Related Businessweek News

No Related Businessweek News Found

finnveden bulten ab (FBAB) Details

FinnvedenBulten AB (publ) develops and manages products, technical solutions, and systems in metallic materials for various customers in automotive and engineering industries primarily in Europe, Asia, and the United States. The company operates in two divisions, Bulten and Finnveden Metal Structures. The Bulten division develops and manufactures fasteners that are used as components in the manufacture of passenger cars and commercial vehicles in the automotive industry. Its products include Taptite, Fastite, MAThread, B14, one touch assembly, and pierce nut system fasteners. The Finnveden Metal Structures division manufactures products in steel, magnesium, and aluminum, which include interior, chassis, and body components for the automotive industry; and customized components for general industry. Its products include large, medium, and small size sheet metal stampings; sheet metal components comprising glove compartment-lids, brake shields, cable brackets, sumps, bearing lids, and brackets; die cast components, including steering column frames, seat back structures, seat side structures, and roof and tunnel structures; magnesium die castings, such as cross car beam structures, convertible car roof structures, and seat structures and other components; aluminum die castings comprising housings and other components and assemblies; multi-material metal structures; and joined products, such as seat sub frame, wind shield hinges, front foot steps, and instrument panel structures. The company was formerly known as Finnveden Holding AB and changed its name to FinnvedenBulten AB (publ) in February 2011. FinnvedenBulten AB (publ) was founded in 1873 and is headquartered in Göteborg, Sweden.

1,077 Employees
Last Reported Date: 07/11/14
Founded in 1873

finnveden bulten ab (FBAB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

finnveden bulten ab (FBAB) Key Developments

FinnvedenBulten AB (publ) Reports Consolidated and Parent Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

FinnvedenBulten AB (publ) reported consolidated and parent earnings results for the second quarter and six months ended June 30, 2014. For the quarter, on consolidated basis, the company posted net sales of SEK 618.4 million against SEK 479.5 million a year ago. Operating earnings was SEK 37.4 million against SEK 39.1 million a year ago. Earnings before tax were SEK 36.3 million against SEK 36.7 million a year ago. Earnings after tax continuing operations were SEK 26.5 million compared to SEK 53.1 million a year ago. Earnings attributable to parent company shareholders were SEK 90.9 million compared to SEK 39.4 million a year ago. Earnings per share, continuing operations were SEK 1.30 against SEK 2.52 a year ago. Earnings per share were SEK 4.32 against SEK 1.87 a year ago. Earnings before depreciation (EBITDA) were SEK 48.8 million compared to SEK 49.9 million a year ago. Adjusted earnings after tax was SEK 26.5 million compared to SEK 26.0 million a year ago. For the six months, on consolidated basis, the company posted net sales of SEK 1,199.9 million against SEK 898.4 million a year ago. Operating earnings was SEK 70.3 million against SEK 58.9 million a year ago. Earnings before tax were SEK 67.0 million against SEK 53.3 million a year ago. Earnings after tax continuing operations were SEK 49.0 million compared to SEK 65.3 million a year ago. Earnings attributable to parent company shareholders were SEK 135.2 million compared to SEK 45.3 million a year ago. Earnings per share, continuing operations were SEK 2.39 against SEK 3.10 a year ago. Earnings per share were SEK 2.15 against SEK 4.27 a year ago. Cash outflow from operating activities was SEK 85.0 million against cash flow from operating activities of SEK 68.1 million a year ago. Acquisition of intangible fixed assets was SEK 0.2 million. Acquisition of tangible fixed assets was SEK 63.3 million against SEK 22.7 million a year ago. Earnings before depreciation (EBITDA) were SEK 92.7 million compared to SEK 80.9 million a year ago. Adjusted earnings after tax was SEK 49.0 million compared to SEK 38.2 million a year ago. For the quarter, on parent basis, the company posted net sales of SEK 8.4 million against SEK 6.7 million a year ago. Operating loss was SEK 23.8 million against SEK 2.1 million a year ago. Loss before tax was SEK 26.5 million against SEK 4.8 million a year ago. Loss after tax was SEK 21.2 million compared to earnings after tax of SEK 23.3 million a year ago. For the six months, on parent basis, the company posted net sales of SEK 15.3 million against SEK 13.4 million a year ago. Operating loss was SEK 25.7 million against SEK 2.9 million a year ago. Loss before tax was SEK 31.0 million against SEK 8.0 million a year ago. Loss after tax was SEK 24.3 million compared to earnings after tax of SEK 20.8 million a year ago.

FinnvedenBulten AB (publ) Proposes Amendments to the Articles of Association

FinnvedenBulten AB (publ) at its extraordinary meeting to be held on August 19, 2014, will approve the amendments to the firm from FinnvedenBulten AB to Bulten AB by amending the company's articles of association. The change is brought about by the Group, since division Finnveden Metal Structures was sold to Shiloh Industries Inc. June 30, 2014, focuses entirely on fasteners for the automotive industry, that is the business in division Bulten. The company name Bulten AB is currently held by the subsidiary Bulten AB, which in conjunction with FinnvedenBulten AB's change of name, will change its name to Bulten Fasteners AB.

FinnvedenBulten AB (publ), Special/Extraordinary Shareholders Meeting, Aug 19, 2014

FinnvedenBulten AB (publ), Special/Extraordinary Shareholders Meeting, Aug 19, 2014., at 10:00 Central European Standard Time. Location: August Barks gata 6B. Agenda: To consider the resolution to change the firm and the articles of association.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FBAB:SS kr71.00 SEK 0.00

FBAB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FBAB.
View Industry Companies
 

Industry Analysis

FBAB

Industry Average

Valuation FBAB Industry Range
Price/Earnings 19.7x
Price/Sales 0.4x
Price/Book 1.2x
Price/Cash Flow 8.1x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FINNVEDEN BULTEN AB, please visit www.finnveden.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.