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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Bufab AB (publ)    BUFAB   SE0005677135

BUFAB AB (PUBL)

(BUFAB)
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Bufab Group: Bufab named Most Responsive Supplier Globally by Schneider Electric

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10/08/2019 | 05:21am EDT

PRESSRELEASE

Värnamo, 8 October 2019

Schneider Electric (http://www.se.com), a world leader in the digital transformation of energy management and automation, engaged C-level executives from over 120 key partners in Barcelona, Spain on October 2-3. The theme was 'Sustainable Growth'. During the conference, Schneider recognized a few suppliers for excellence.

Out of Schneider's more than 50,000 suppliers, Bufab was named the Most Responsive Supplier Globally. The prize was awarded after a rigorous process of nomination and evaluation.

'That a leading global player in its field such as Schneider, with a turnover of over €26 billion and close to 140,000 employees worldwide, singles out Bufab AB (http://www.bufab.com) as their most responsive supplier is both humbling and gratifying. Humbling, because it occurs in competition with some of the world's largest companies and leaders in their respective industries as well as with strong players in our own field. Gratifying, because it shows that with our Solutionist mindset and Digital Best Practice toolset, we can help even the most challenging customers improve their productivity, worldwide,' says Jörgen Rosengren, Bufab's President and CEO.

For more information please contact

Jörgen RosengrenCEO
+46 370 69 69 00
jorgen.rosengren@bufab.com

Marcus AnderssonCFO+46 370 69 69 66
marcus.andersson@bufab.com

About Bufab

Bufab AB (publ), Corporate Registration Number 556685-6240, is a trading company that offers its customers a full-service solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts, etc.). Bufab's Global Parts ProductivityTM customer offering aims to improve productivity in the customers' value chain for C-Parts.

Bufab was founded in 1977 in Småland, Sweden and today is an international company with operations in 27 countries. The head office is located in Värnamo, Sweden, and Bufab has about 1,300 employees. Bufab's net sales for the past 12 months amounted to SEK 4.0 billion and the operating margin was 10 percent. The Bufab share is listed on Nasdaq Stockholm, under the ticker 'BUFAB'. Please visit www.bufab.com for more information.

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Disclaimer

Bufab AB published this content on 08 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2019 09:19:16 UTC

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Sales 2020 4 236 M 462 M 462 M
Net income 2020 159 M 17,3 M 17,3 M
Net Debt 2020 1 669 M 182 M 182 M
P/E ratio 2020 22,7x
Yield 2020 2,08%
Capitalization 3 568 M 389 M 389 M
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EV / Sales 2020 1,24x
Nbr of Employees 1 394
Free-Float 66,2%
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Mean consensus BUY
Number of Analysts 1
Average target price 100,00 SEK
Last Close Price 96,00 SEK
Spread / Highest target 4,17%
Spread / Average Target 4,17%
Spread / Lowest Target 4,17%
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Managers
NameTitle
Jörgen Fritz Rosengren President & Chief Executive Officer
Sven-Olof Patrik Kulldorff Chairman
Markus Andersson Chief Financial Officer
Paul Hans Gunnar Björstrand Independent Director
Eva Nilsagård Independent Director
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