Positive trend continues for Cardo’s business area Cardo Pump with strong earnings in fourth quarter.
On the whole, business developed positively during the third quarter with increased volumes and improved earnings compared with the corresponding period the previous year. At Cardo Pump, the good earnings trend…
Cardo Group reports decreased sales and earnings in the interim report for the first half year 2005, while the pump business (ABS Pumps) shows a positive trend in the infow of orders. The company announces a group-wide reorganization into a purely operational industrial group aimed at business-to-business customers.
Peter Möller is leaving his post as head of the Industrial Door field within Cardo Door. Until a new head of the field takes over, Cardo’s president and CEO Peter Aru will hold the post.
The Group’s inflow of orders amounted to SEK 1,835 million (1,943), a decrease of 4 percent after adjustment for the effects of exchange rate movements.
Kjell Svensson is leaving his post as president and CEO of Cardo and at the same time vacating his seat on the board of Cardo AB.
At Cardo AB’s annual general meeting today, the following resolutions were among those passed:
Tom Lövstad is leaving his post as head of the Garage field within Cardo Door.
In his address at today’s annual general meeting of Cardo AB, president and CEO Kjell Svensson included a reference to the trend during the first quarter of 2005: …
The Group’s inflow of orders stood at SEK 7,743 million (7,669), an increase of 2 percent after adjustment for the effects of exchange rate movements. Compared with the previous year, the inflow of orders during the fourth quarter was lower for construction-related products, particularly in Germany and the UK.
