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As of 5:50 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

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03/6/14 - €0.03
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cencorp oyj (CNC1V) Details

Cencorp Oyj provides laser and industrial automation solutions. It operates in three segments: Laser and Automation Solutions, Life Cycle Management, and Cencorp Clean Energy. The company’s product portfolio consists of products designed for depaneling, odd-form assembly, testing, and laser materials processing. It manufactures standard and custom-built laser marking, laser cutting, laser welding, laser drilling, and laser micromachining workstations for stand-alone and in-line production; and flexible circuits, such as Conductive Back Sheets (CBS) used in solar modules, as well as antennas comprising NFC, RFID, and WIFI antennas used in mobile devices. The company primarily serves automotive electronics manufacturers; and manufacturers operating in telecommunications, industrial automation, and EMS sectors, as well as companies operating in the renewable energy sector. In addition, Cencorp Oyj develops, manufactures, and sells photovoltaic modules. It sells its products through sales representatives and distributors primarily in Finland, other European countries, the Americas, and Asia. The company was founded in 1948 and is headquartered in Mikkeli, Finland.

26 Employees
Last Reported Date: 02/18/15
Founded in 1948

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cencorp oyj (CNC1V) Key Developments

Cencorp Corporation Announces Unaudited Consolidated Earnings Results for the fourth quarter and Year Ended December 31, 2014

Cencorp Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31,2014. For the quarter, the company reported net sales of EUR 63,000 compared to EUR 645,000 a year ago. Operating loss was EUR 4,357,000 compared to EUR 1,365,000 a year ago. Loss before taxes from continuing operations was EUR 4,664,000 compared to EUR 1,987,000 a year ago. Loss attributable to shareholders of the parent company was EUR 4,798,000 compared to EUR 2,960,000 a year ago. Diluted loss per share was EUR 0.005 compared to EUR 0.003 a year ago. LBITDA was EUR 1,238,000 compared to EUR 1,318,000 a year ago.         For the year, net sales of the continuing operations for the financial year 2014 was EUR 0.8 million compared to EUR 3.3 million in 2013. The operating loss of continuing operations was EUR 10.9 million compared to EUR 3.1 million a year ago. Loss for the period EUR 11.7 million compared to EUR 4.9 million a year ago. Diluted loss per share was EUR 0.014 compared to EUR 0.008 a year ago. LBITDA was EUR 3.3 million compared to EUR 1.8 million a year ago. Net sales decreased by 74.6% to EUR 0.8 million compared to EUR 3.3 million a year ago. The loss before taxes was EUR 11.7 million compared to EUR 4.9 million a year ago. Loss attributable to shareholders of the parent company was EUR 12,405,000 compared to EUR 7,008,000 a year ago. Net cash flow used in business operations was EUR 4,034,000 compared to EUR 748,000 a year ago. Investments in tangible and intangible assets was EUR 1,084,000 compared to EUR 2,963,000 a year ago. Interest-bearing liabilities were EUR 8,928,000 compared to EUR 10,017,000 a year ago.

Jari Ketoluoto Resigns from the Management Group of Cencorp Oyj

Cencorp Oyj has on 17 December 2014 agreed to sell all the shares of Cencorp Automation Oy to FTTK Company Limited. Mr. Jari Ketoluoto, Managing Director of Cencorp Automation Oy has resigned from the Management Group of Cencorp Oyj.

Cencorp Oyj to Report Fiscal Year 2014 Results on Feb 18, 2015

Cencorp Oyj announced that they will report fiscal year 2014 results on Feb 18, 2015


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