Last €34.24 EUR
Change Today +0.14 / 0.41%
Volume 3.7K
VAC1V On Other Exchanges
Symbol
Exchange
OTC US
Berlin
OTC US
As of 11:29 AM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

vacon oyj (VAC1V) Snapshot

Open
€34.00
Previous Close
€34.10
Day High
€34.24
Day Low
€33.81
52 Week High
09/12/14 - €37.50
52 Week Low
04/10/14 - €25.00
Market Cap
1.0B
Average Volume 10 Days
98.9K
EPS TTM
€1.01
Shares Outstanding
30.6M
EX-Date
03/28/14
P/E TM
33.9x
Dividend
€0.65
Dividend Yield
1.90%
Current Stock Chart for VACON OYJ (VAC1V)

Related News

No related news articles were found.

vacon oyj (VAC1V) Related Businessweek News

No Related Businessweek News Found

vacon oyj (VAC1V) Details

Vacon Oyj is engaged in the development, manufacture, and sale of AC drives and inverters worldwide. Its AC drives are used to control the speed of an electrical motor in various industry segments and civil engineering; and inverters are used in the production of renewable energy based on the AC drive technology. The company’s AC drives are used in pumps, fans, elevators, escalators, conveyors, and compressors, as well as wind and solar power plants. Its products also comprise solar inverters and wind power converters. In addition, the company provides engineering, start-up, maintenance, upgrade, spare parts, customer support, and training services. Vacon Oyj sells its products directly to end users, as well as through original equipment manufacturers, system integrators, brand label customers, and distributors. It primarily serves machine manufacturing, water treatment, building automation, marine and offshore, renewable energy production, mining, and other sectors. The company has operations in the Asia Pacific; North and South America; and Europe, the Middle East, and Africa. Vacon Oyj was founded in 1993 and is headquartered in Vaasa, Finland.

1,612 Employees
Last Reported Date: 10/22/14
Founded in 1993

vacon oyj (VAC1V) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: €503.0K
Executive Vice President of Market Operations...
Total Annual Compensation: €345.0K
Compensation as of Fiscal Year 2013.

vacon oyj (VAC1V) Key Developments

Vacon Plc Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Vacon Plc announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues totaled EUR 107.5 million against EUR 110.4 million, a decline of 2.6% from the corresponding period in the previous year. Operating profit was EUR 14.7 million, or 13.7% of revenues of EUR 14.8 million a year ago. Net cash flow from operating activities was EUR 19.0 million against EUR 9.5 million a year ago. Earnings per share were EUR 0.36 against EUR 0.32 a year ago. For the nine months, the company reported revenues totaled EUR 300.0 million against EUR 305.1 a year ago, a decline of 1.7% from the corresponding period in the previous year. Operating profit was EUR 33.0 million or 11.0% of revenues of EUR 31.0 million a year ago. Net cash flow from operating activities was EUR 28.2 million against EUR 32.0 million a year ago. Earnings per share were EUR 0.80 against EUR 0.70 a year ago.

Vacon plc Revised Earnings Guidance for the Year 2014

Vacon plc revised earnings guidance for the year 2014. For the year, the company estimates its revenues and operating profit percentage excluding one-time items will increase from the corresponding period in 2013. Revenues in 2013 totaled EUR 403.0 million and the operating profit percentage excluding one-time items was 10.1%. Previously, the company estimated that its revenues will increase 5% to 15% and its operating profit percentage excluding one-time items will be 11% to 13% in 2014. The main reason for revising the guidance is the increasing risks related to revenue growth.

Vacon Oyj Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Fiscal Year 2014

Vacon Oyj announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenues were EUR 103.3 million against EUR 103.4 million a year ago. Operating profit was EUR 11.6 million against EUR 10.4 million a year ago. Profit before taxes was EUR 11.3 million against EUR 10.2 million a year ago.Net cash flow from operating activities was EUR 9.7 million against EUR 5.8 million a year ago. Diluted earnings per share were EUR 0.27 against EUR 0.25 a year ago. Profit for the period attributable to equity holders of the parent was EUR 8.3 million against EUR 7.8 million a year ago. Investments in property, plant and equipment was EUR 2.9 million against EUR 4.0 million a year ago. Investments in intangible assets were EUR 2.9 million against EUR 2.0 million a year ago. Net debt was EUR 6.1 against negative net debt of EUR 3.9 million a year ago. For the six months, revenues were EUR 192.5 million against EUR 194.8 million a year ago. Operating profit was EUR 18.3 million against EUR 16.1 million a year ago. Profit before taxes was EUR 18.0 million against EUR 16.3 million a year ago. Net cash flow from operating activities was EUR 9.1 million against EUR 22.4 million a year ago. Diluted earnings per share were EUR 0.43 against EUR 0.38 a year ago. Gross capital expenditure was EUR 10.7 million against EUR 10.2 million a year ago. Profit for the period attributable to equity holders of the parent was EUR 13.2 million against EUR 11.5 million a year ago. Investments in property, plant and equipment was EUR 4.9 million against EUR 6.0 million a year ago. Investment in intangible assets was EUR 5.7 million against EUR 3.8 million a year ago. The company estimates that its revenues will increase 5%-15% and its operating profit percentage excluding one-time items will be 11%-13% in 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VAC1V:FH €34.24 EUR +0.14

VAC1V Competitors

Market data is delayed at least 15 minutes.

Company Last Change
ABB Ltd SFr.22.06 CHF +0.43
American Superconductor Corp $1.00 USD -0.04
Siemens AG €93.73 EUR +2.70
View Industry Companies
 

Industry Analysis

VAC1V

Industry Average

Valuation VAC1V Industry Range
Price/Earnings 33.1x
Price/Sales 2.6x
Price/Book 8.7x
Price/Cash Flow 22.9x
TEV/Sales 2.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VACON OYJ, please visit www.vacon.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.