u-blox ag (UBLXF) Key Developments
U-blox Opens an Office in Osaka, Japan
Jun 2 15
U-blox opened an office in Osaka, Japan. U-blox launched operations in Japan eight years ago. Up to now, u-blox has supported its operations in Japan's southern-central region including Osaka from Tokyo. With the continued expansion of the business in the Kansai region, u-blox wants to move closer to its customers. The new office will allow high-level support to automotive and industrial industries.
u-blox Announces TOBY-L280, a LTE Category 4 Rugged Module in LGA Package
Apr 8 15
u-blox announced TOBY-L280, a LTE Category 4 rugged module in an LGA package that supports FDD-LTE in frequency band 28. Band 28 is now in commercial use in Taiwan, Australia and New Zealand, with further rollouts planned throughout the Asia Pacific region, Brazil and Argentina. Capable of download speeds up to 150Mb/s, the TOBY-L280 is the world’s fastest and smallest modem of its kind. In addition to FDD-LTE, the module supports HSPA+ and GSM/GPRS fall-back for truly global operation. TOBY-L280 is available in Professional Grade with an operating temperature range of -40 °C to +85 °C, ideal for applications ranging from automotive infotainment and navigation systems to rugged handsets. The platform is also offered in Standard Grade (-20 … +65°C) in the mPCI format, ideal for notebooks, tablets and set top boxes. The products are equally suited to provide reliable cellular communications in video surveillance, medical, digital signage and transit systems. TOBY-L280 is layout-compatible with u-blox’ HSPA/HSPA+ and GSM/GPRS modules, making system upgrades easy to implement and reducing development time.
u-blox Holding AG Raises $72.72 Million in Private Placement of Bonds
Mar 30 15
u-Blox Holding AG has raised CHF 60 million ($72.72 million) through a private placement of fixed rate domestic straight bonds. The bonds bear a 1.62% coupon and have a duration of six years. The expected payment date of the bonds is April 27, 2015. u-Blox Holding intends to use the net proceeds from the offering to increase its financial flexibility.
u-blox Holding Ag Proposes Dividend for the Year 2014; Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015
Mar 19 15
The board of directors of u-blox Holding AG proposed at the annual general meeting to pay out dividends. For this year 2014 an increased dividend of CHF 1.60 per share is suggested, which represents a payout ratio of 30.6% of consolidated net profit, attributable to owners of the parent.
The company reported unaudited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of CHF 270,045,000 against CHF 219,813,000 a year ago. Operating profit (EBIT) was CHF 39,075,000 against CHF 30,050,000 a year ago. Profit before income tax (EBT) was CHF 42,963,000 against CHF 28,870,000 a year ago. Net profit attributable to owners of the parent was CHF 34,397,000 against CHF 24,643,000 a year ago. EBITDA was CHF 58,604,000 against CHF 46,188,000 a year ago. Net cash generated from operating activities was CHF 53,686,000 against CHF 38,483,000 a year ago.
The company provided earnings guidance for the year 2015. The company anticipates EBIT of between CHF 48 million and CHF 53 million, based on revenues of between CHF 335 million and CHF 345 million.
u-blox Holding AG Presents at Swiss Equity Conference, Jan-16-2015 08:15 AM
Dec 5 14
u-blox Holding AG Presents at Swiss Equity Conference, Jan-16-2015 08:15 AM. Venue: GRAND RESORT, 7310 BAD RAGAZ, Swaziland. Speakers: Thomas Seiler, Chief Executive Officer, Head of Sales & Marketing and Executive Director.