jsonCallbackPress({"data":[{"id":"1223446","published":"2012-01-11T08:00:00","modified":"2012-01-11T08:00:15","lang":"en","coverage":"2012","summary":" ","headline":"Invitation to presentation of HEXPOL's year-end report 2011 on February 7","body":"HEXPOL will release the Year-end report for 2011 on Tuesday February 7 at 08:00 CET. The report will be presented by HEXPOL's President and CEO Georg Brunstam and CFO Urban Ottosson on February 7 at 09:00 CET. The presentation will be held at the office of Svenska Handelsbanken, Blasieholmstorg 8, Stockholm, Sweden. Please register to ir@hexpol.com.\n\nThe report and IR-presentation will be available on www.hexpol.com at 08:00 CET on February 7.","issuer":"hexpol","time":"1326265200","language":"English","cat_id":"afw_invitation","files":[{"filename":"201201102189-1.pdf","lang":"en","location":"files\/press\/hexpol\/201201102189-1.pdf","mimetype":"application\/pdf","filesize":74605,"size":"72.8 KB","text":""}]},{"id":"1222275","published":"2011-12-22T07:00:00","modified":"2011-12-22T07:00:40","lang":"en","coverage":"2011","summary":" ","headline":"HEXPOL acquires MULLER KUNSTSTOFFE - a leading Central European manufacturer of thermoplastic elastomer compounds (TPE Compounding)","body":"HEXPOL AB (publ) has come to an agreement with the German Rowa Group to acquire Horst Müller Kunststoffe GmbH & Co. KG.\n\nMüller Kunststoffe is a leading Central European developer and manufacturer of thermoplastic elastomer compounds (TPE Compounding) and has two production units in Lichtenfels, Germany.\n\n"The acquisition constitutes yet another step in our ambition to broaden our product range within our Compounding business area" says Georg Brunstam, President and CEO of HEXPOL Group. "The market for TPE compounding is undergoing great growth with interesting and increasing customer applications within the field of medical, consumer, general industry and automotive. Müller Kunststoffe perfectly complements our European TPE compounding operations where we already have units in the UK and Sweden. We are also right now building a manufacturing plant in southern China for TPE compounding. Müller Kunststoffe is a well-established and well-managed company with strong management and a strong brand."\n\nMüller Kunststoffe is expected to be consolidated during January 2012 after subject to regulatory approvals and other customary conditions and has an estimated annual turnover of approximately 46 MEUR with around 90 employees. The acquired business has an EBITDA margin slightly lower than the HEXPOL Group but is expected to have a positive impact on earnings per share from the start. The acquisition price adjusted for acquired net debt amounts to 39 MEUR and is funded by a combination of cash and existing bank loans.","issuer":"hexpol","time":"1324533600","language":"English","cat_id":null,"files":[{"filename":"201112212343-1.pdf","lang":"en","location":"files\/press\/hexpol\/201112212343-1.pdf","mimetype":"application\/pdf","filesize":125872,"size":"122 KB","text":""}]},{"id":"1215983","published":"2011-10-21T08:00:00","modified":"2011-10-21T08:01:07","lang":"en","coverage":"","summary":" ","headline":"Interim report January - September 2011","body":"Third quarter 2011 - Continued sharp growth with strong margins\r\n\r\n* Net sales increased sharply and amounted to 1,843 MSEK (950).\r\n* Operating profit rose 96 per cent and amounted to 235 MSEK (120).\r\n* The operating margin amounted to 12.8 per cent (12.6).\r\n* Profit after tax increased strongly and amounted to 165 MSEK (82).\r\n* Earnings per share rose strongly and totalled 4.80 SEK (2.79*).\r\n* Operating cash flow amounted to 204 MSEK (100).\r\n* Continued expansion in China - decision to increase capacity for HEXPOL Compounding.\r\n\r\nJanuary - September 2011 - Sharp growth and improved margins\r\n\r\n* Net sales increased sharply and amounted to 5,405 MSEK (2,666).\r\n* Operating profit more than doubled and amounted to 675 MSEK (323).\r\n* The operating margin rose to 12.5 per cent (12.1).\r\n* Profit after tax increased strongly and amounted to 462 MSEK (220).\r\n* Earnings per share rose strongly and totalled 14.10 SEK (7.49*). Earnings per share based on the number of shares at the end of the period totalled 13.42 SEK.\r\n* Operating cash flow amounted to 548 MSEK (279).\r\n\r\nPresident's comments\r\n\r\n"The third quarter of 2011 was the best quarter to date for the HEXPOL Group in terms of both sales and earnings. Our sharp growth continued in the third quarter, with strong sales in all units. The Group's sales rose 94 per cent, of which 21 per cent was organic. Our operating margins remained strong as a result of continued cost-effectiveness and the flexible management of rising volumes, as well as favourable capacity utilisation in our facilities. Sales were strong in all geographic regions, with particularly strong growth in NAFTA and Asia. Our operating profit rose 96 per cent to 235 MSEK (120). Earnings per share increased strongly to 4.80 SEK (2.79*). Our operating cash flow remained strong and amounted to 204 MSEK (100).\r\n\r\nWe continued our forceful growth in China, and proceeded to expand in all product areas. Our sales in Asia rose 68 per cent. We have decided to invest in a new production line in HEXPOL Compounding in Qingdao, in addition to the earlier decision to expand ELASTO in the Guangdong province. We are also increasing our moulding capacity for gaskets to plate heat exchangers in HEXPOL Gaskets and launching polyurethane wheel manufacturing in HEXPOL Wheels.\r\n\r\nOur earnings in January-September 2011 were strong and sales rose 103 per cent to 5,405 MSEK (2,666). Earnings per share totalled 14.10 SEK (7.49*), up 88 per cent."\r\n\r\nGeorg Brunstam, President and CEO","issuer":"hexpol","time":"1319176800","language":"English","cat_id":null,"files":[{"filename":"201110202062-1.pdf","lang":"en","location":"files\/press\/hexpol\/201110202062-1.pdf","mimetype":"application\/pdf","filesize":713833,"size":"697 KB","text":"Interim report Jan-Sept 2011"}]}],"navigation":{"pager":[],"categories":{"category_selected":["all"]},"coverage_min":"2008","coverage_max":"2012","coverage_next":"2012","coverage_previous":"2011","coverage_years":["2012","2011","2010","2009","2008"],"selected":""}})