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Last 92.50 NOK
Change Today -1.50 / -1.60%
Volume 958.0
EKO On Other Exchanges
Symbol
Exchange
Oslo
OTC US
Frankfurt
As of 10:25 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

ekornes asa (EKO) Snapshot

Open
94.25 NOK
Previous Close
94.00 NOK
Day High
94.75 NOK
Day Low
92.50 NOK
52 Week High
04/20/15 - 112.00 NOK
52 Week Low
10/16/14 - 69.75 NOK
Market Cap
3.4B
Average Volume 10 Days
16.3K
EPS TTM
5.16 NOK
Shares Outstanding
36.8M
EX-Date
05/19/15
P/E TM
17.9x
Dividend
4.00 NOK
Dividend Yield
4.32%
Current Stock Chart for EKORNES ASA (EKO)

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ekornes asa (EKO) Details

Ekornes ASA develops, manufactures, markets, and sells furniture and mattresses for the home furnishings market in Norway and internationally. It offers reclining armchairs, sofas, loveseats, office chairs, home theater seating, and accessories under the Stressless brand; fixed-back sofas, tables, etc. under the Ekornes brand; and mattresses under the Svane brand. The company markets its products through a network of national and regional sales companies, importers, and retail outlets. Ekornes ASA was founded in 1934 and is headquartered in Ikornnes, Norway.

2,337 Employees
Last Reported Date: 05/20/15
Founded in 1934

ekornes asa (EKO) Top Compensated Officers

International Marketing Director
Total Annual Compensation: 2.5M NOK
Director of Ekornes Beds AS
Total Annual Compensation: 2.0M NOK
Director of Procurement & Logistics/ICT
Total Annual Compensation: 1.8M NOK
Production Director of Stressless Production
Total Annual Compensation: 1.8M NOK
Director of Product Development
Total Annual Compensation: 1.8M NOK
Compensation as of Fiscal Year 2014.

ekornes asa (EKO) Key Developments

Ekornes Reports Earnings Results for the First Quarter of 2015

Ekornes reported earnings results for the first quarter of 2015. For the quarter, the company generated gross operating revenues of NOK 898.9 million compared with NOK 226.6 million more than in the same period in 2014. The turnover in the quarter included NOK 107 million from IMG and exchange rate effects of approximately NOK 50 million. Operating earnings (EBIT) came to NOK 82.9 million in the quarter, up 24% on the first quarter 2014. Operating margin in the period came to 9.2%.

Ekornes ASA Proposes Dividend for the Year 2014, Payable on June 1, 2015

Ekornes ASA announced that its annual general meeting will be held on May 18, 2015. At the meeting the shareholders will consider the board's proposal to pay dividend of NOK 4 per share for the year 2014. Shareholders holding shares at May 18, 2015 will receive dividend. Ex. date is May 19, 2015. Payment of dividend will take place on June 1, 2015.

Ekornes ASA Reports Consolidated Financial Results for the Fourth Quarter and Full Year Ended Dec. 31, 2014; Proposes Dividend for 2014

Ekornes ASA reported consolidated financial results for the fourth quarter and full year ended Dec. 31, 2014. Operating revenues were NOK 785.8 million against NOK 662.7 million for the same period of last year. Operating result was NOK 73.1 million against NOK 88.9 million for the same period of last year. Ordinary result before tax was NOK 55.7 million against NOK 44.8 million for the same period of last year. Result after tax was NOK 27.5 million against NOK 21.6 million for the same period of last year. Diluted earnings per share was NOK 0.75 against NOK 0.54 for the same period of last year. Operating revenues were NOK 757.5 million against NOK 561.3 million for the same period of last year. Operating result was NOK 266.0 million against NOK 262.9 million for the same period of last year. Ordinary result before tax was NOK 248.9 million against NOK 92.1 million for the same period of last year. Result after tax was NOK 160.5 million against NOK 48.3 million for the same period of last year. Diluted earnings per share was NOK 4.36 against NOK 1.32 for the same period of last year. Cash flow from net operating activities was NOK 215.0 million against NOK 405.7 million for the same period of last year. Payments for purchase of property, plant & equipment was NOK 117.7 million against NOK 150.3 million for the same period of last year. The board of directors is proposing a dividend for 2014 of NOK 4.00 per share.

 

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EKO

Industry Average

Valuation EKO Industry Range
Price/Earnings 18.1x
Price/Sales 1.2x
Price/Book 2.4x
Price/Cash Flow 10.7x
TEV/Sales 1.0x
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