1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Ferronordic AB (publ)
  6. News
  7. Summary
    FNM   SE0005468717

FERRONORDIC AB (PUBL)

(FNM)
  Report
Delayed Nasdaq Stockholm  -  11:29 2022-06-23 am EDT
32.55 SEK   +2.04%
05/20Changes in Ferronordic's Management
AQ
05/20Ferronordic AB Announces Resignation of Ceren Wende as Director of Marketing and Communication and Member of Executive Management
CI
05/12Bulletin from Ferronordic's annual general meeting (AGM) 2022
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Bulletin from Ferronordic's annual general meeting (AGM) 2022

05/12/2022 | 10:31am EDT

At Ferronordic's AGM on 12 May 2022, held without physical presence pursuant to the Act on temporary exceptions to facilitate the execution of general meetings in companies and other associations (SFS 2022:121), the shareholders resolved as follows:

 

  • It was resolved not to pay dividends.

 

  • The Company's and the Group's income statements and balance sheets were adopted.

 

  • The Board members and CEO were discharged from liability for the financial year 2021.

 

  • Annette Brodin Rampe, Lars Corneliusson, Håkan Eriksson and Staffan Jufors, Aurore Belfrage and Niklas Florén were re-elected members of the Board for the period until the end of the next annual general meeting.

 

  • Staffan Jufors was re-elected Board chairman.

 

  • Fees to the Board in a total amount of SEK 2,400,000 were approved.

 

  • KPMG AB was re-elected auditor. Fees to the auditor are paid as per agreement between the company and KPMG AB.

 

  • Procedures were adopted regarding the election of the Nomination Committee and its work. The procedures provide, inter alia, that the four largest shareholders shall be invited to nominate members to the nomination committee. No fees are paid to the members of the nomination committee.

 

  • Guidelines for remuneration to senior executives were adopted.

 

-------------------------------------------------------

 

 

 

This information is information that Ferronordic AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act (2007:528). The information was submitted for publication on 12 May 2022, 16:30 CET.

Contact

For investors and analysts:

Erik Danemar, CFO and Head of Investor Relations

+46 73 660 72 31

ir@ferronordic.com

For media and journalists:

Ceren Wende, Head of Marketing and Communications

+46 73 658 59 80

ceren.wende@ferronordic.com

Ferronordic is a service and sales company in the areas of construction equipment and trucks. It is the dealer of Volvo Construction Equipment, Sandvik Rock Processing Solutions and certain other brands in all of Russia and Kazakhstan, aftermarket partner of Volvo Trucks and Renault Trucks in part of Russia, and dealer of Volvo Trucks and Renault Trucks in part of Germany. The company also offers contracting services where it owns and operates equipment to carry out works for customers. Ferronordic began its operations in 2010 and now has approx. 100 outlets and approx. 1,800 employees. Ferronordic's vision is to be regarded as the leading service and sales company in its markets. The shares in Ferronordic AB (publ) are listed on Nasdaq Stockholm. http://www.ferronordic.com/

https://news.cision.com/ferronordic-ab/r/bulletin-from-ferronordic-s-annual-general-meeting--agm--2022,c3566245

https://mb.cision.com/Public/1463/3566245/b5f7b6012ad32dad.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English

All news about FERRONORDIC AB (PUBL)
05/20Changes in Ferronordic's Management
AQ
05/20Ferronordic AB Announces Resignation of Ceren Wende as Director of Marketing and Commun..
CI
05/12Bulletin from Ferronordic's annual general meeting (AGM) 2022
AQ
05/12TRANSCRIPT : Ferronordic AB, Q1 2022 Earnings Call, May 12, 2022
CI
05/12Interim report 1 January - 31 March 2022
AQ
05/12Ferronordic AB Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
04/28Invitation to Ferronordic's investor presentation 12 May 2022
AQ
04/20Ferronordic opens new workshop in Bad Hersfeld
AQ
04/20Ferronordic Opens New Workshop in Bad Hersfeld
CI
04/14Notice of annual general meeting in Ferronordic AB (publ)
AQ
More news
Financials
Sales 2022 5 216 M 515 M 515 M
Net income 2022 135 M 13,4 M 13,4 M
Net Debt 2022 82,1 M 8,11 M 8,11 M
P/E ratio 2022 3,50x
Yield 2022 1,76%
Capitalization 473 M 46,7 M 46,7 M
EV / Sales 2022 0,11x
EV / Sales 2023 0,15x
Nbr of Employees 1 804
Free-Float 47,6%
Chart FERRONORDIC AB (PUBL)
Duration : Period :
Ferronordic AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FERRONORDIC AB (PUBL)
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 1
Last Close Price 32,55 SEK
Average target price 40,00 SEK
Spread / Average Target 22,9%
EPS Revisions
Managers and Directors
Lars Corneliusson President, Chief Executive Officer & Director
Erik Danemar Chief Financial Officer & Head-IR
Staffan Jufors Chairman
Erik Eberhardson Independent Director
Magnus Brńnnstr÷m Independent Director
Sector and Competitors
1st jan.Capi. (M$)
FERRONORDIC AB (PUBL)-90.34%47
TOROMONT INDUSTRIES LTD.-13.45%6 437
SEVEN GROUP HOLDINGS LIMITED-25.14%4 081
FINNING INTERNATIONAL INC.-14.55%3 282
BARLOWORLD LIMITED-39.48%1 140
TITAN MACHINERY INC.-29.44%529