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Last kr34.80 SEK
Change Today +7.20 / 26.09%
Volume 1.1M
PART On Other Exchanges
As of 11:30 AM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

partnertech ab (PART) Snapshot

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05/25/15 - kr34.80
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03/13/15 - kr19.90
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partnertech ab (PART) Details

PartnerTech AB provides contract manufacturing services in the areas of product development, electronics manufacturing, machining, sheet metal working, and systems integration services in Sweden and internationally. It operates through three segments: Electronics, Systems Integration & Enclosures, and Machining. The Electronics segment offers electronics components, such as circuit boards, box-build, and other electronic systems. The Systems Integration & Enclosures segment assembles electronic, plastic or metal components, and software, as well as manufactures enclosures in the form of sheet metal casings, cabinets, and frames for various applications. The Machining segment provides parts in small and large series. The company also offers logistics, distribution, and aftermarket services, as well as engineering and supply chain services. It serves various markets, including information technology, industry, medical technology and instrumentation, cleantech, defense and maritime, and point of sales. PartnerTech AB is headquartered in Malmö, Sweden.

1,386 Employees
Last Reported Date: 04/23/15

partnertech ab (PART) Top Compensated Officers

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Executives, Board Directors

partnertech ab (PART) Key Developments

PartnerTech AB Approves No Dividend for Fiscal Year 2014

PartnerTech AB at its annual general meeting held on April 27, 2015, it approved no dividend for fiscal year 2014. Previous year for the same period the company paid SEK 0.50 per share.

PartnerTech AB Reports Earnings Group and Parent Company Results for the First Quarter Ended March 31, 2015

PartnerTech AB reported earnings group and parent company results for the first quarter ended March 31, 2015. For the quarter, the group reported net sales of SEK 626 million against SEK 548 million a year ago. Operating profit was SEK 1.6 million against SEK 0.6 million a year ago. Negative return on equity was 2.3% against negative return on equity of 2.0% a year ago. Profit after financial items was SEK 1.8 million against loss after financial items of SEK 0.5 million a year ago. Loss for the period was SEK 2.4 million against SEK 2.2 a year ago. Loss per share before and after dilution was SEK 0.19 against SEK 0.17 a year ago. Cash flow from operating activities was SEK 12.9 million against cash used in operating activities of SEK 12.6 million a year ago. Profit before tax was SEK 1.8 million against loss before tax of SEK 0.5 million a year ago. Net loan debt was SEK 264 million as at March 31, 2015 against SEK 198 million as at March 31, 2014. For the quarter, the parent company reported net sales of SEK 24.2 million against SEK 22.4 million a year ago. Operating profit was SEK 9.0 million against SEK 6.5 million a year ago. Profit after financial items was SEK 10.5 million against SEK 8.6 million a year ago. Profit for the period was SEK 8.0 million against SEK 6.7 million a year ago.

Partnertech Signs on Framework Agreement with Picadeli AB

PartnerTech signs framework agreement with Picadeli AB PartnerTech and Picadeli AB have signed a framework agreement regarding the industrialization and manufacture of Picadeli’s unique new refrigerated counter. The cooperation between PartnerTech and Picadeli began in 2014 regarding the further development of the product and adapting it for serial production. The agreement now signed encompasses PartnerTech's collective expertise in product development and production in electronics, mechanics and systems integration. This is entirely in line with PartnerTech's strategy to work increasingly with clients who also have a need for PartnerTech's service offering in areas including product development and the production of complete products. Initially, production will mainly be conducted at PartnerTech's unit in Åtvidaberg, Sweden, although PartnerTech's other units around the world will also be involved. The first revenues and deliveries under the agreement are expected in the second quarter of 2015.


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