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HMS Networks AB (publ) (HMNKF)

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42.350.00 (0.00%)
As of 10:54AM EDT. Market open.
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  • GlobeNewswire

    CORRECTION: Missing MAR label in previous press release - "HMS Networks realize immediate cost synergies and launches cost-saving program to streamline the organization“

    HMS Networks (publ) issues a correction to the press release published earlier today – “HMS Networks realizes immediate cost synergies and launches cost saving program to streamline the organization”. The correction refers to the fact that the press release did not have a MAR label referring to the EU Market Abuse Regulation (MAR). The following information should have been included in the press release: "This information is such that HMS Networks AB (publ) is obliged to make public pursuant to

  • GlobeNewswire

    HMS Networks realize immediate cost synergies and launches cost-saving program to streamline the organization

    Following the closing of the acquisition of Red Lion Controls (“Red Lion”) on April 2, 2024, HMS and Red Lion have started the work of realizing synergies between the companies and hereby announces immediate cost synergies. Additionally, as a result of strong organic growth the last few years, and a dampened market demand experienced over the recent quarters and a slower market recovery, HMS is now initiating a cost-saving program to reduce the costs and streamline the organization to be positio

  • GlobeNewswire

    Interim report 2024, January - March

    First quarter Net sales for the first quarter reached SEK 616 m (773), corresponding to a decrease of 20%. Currency translations had a negative effect of SEK 3 m on net salesOrder intake was SEK 473 m (682), corresponding to a decrease of 31%Operating profit reached SEK 130 m (211), equal to a 21.1% (27.4) operating margin. Adjusted operating profit reached SEK 133 m, equal to a 21.6 % adjusted operating marginProfit after tax totaled SEK 107 m (172) and basic earnings per share was SEK 2.28 (3.