Eltek ASA Nok (EEKAF) 1.3600 $EEKAF
Eltek ASA: Presentation of second quarter and first half year 2014
Thomson Reuters ONE - Fri Jul 18, 12:03AM CDT
The presentation of second quarter and first half year 2014 is attached hereto.
Eltek ASA: Report second quarter and first half year 2014
Thomson Reuters ONE - Fri Jul 18, 12:02AM CDT
(Drammen, 18 July 2014): Eltek reported revenue of NOK 997 million in the second quarter 2014, an increase of 9 percent and from the second quarter last year. Revenue grew across all regions.
Eltek ASA: Invitation to presentation of second quarter 2014
Thomson Reuters ONE - Thu Jul 10, 4:42AM CDT
Drammen, 10 July 2014 - Eltek ASA is scheduled to release its second quarter 2014 results on Friday 18 July. A combined webcast and conference call for investors, analysts and other interested parties will be held the same day at 8:30 CEST.
Eltek Strengthens Management Group
Business Wire - Tue Jul 01, 7:45AM CDT
Eltek ASA today announced several upcoming changes that will strengthen its management group. Kenneth Bodahl has been tapped to become Executive Vice President of Business Development. David Leal, currently Vice President Sales, North America, will succeed Mr. Bodahl as Regional Sales President, Asia Pacific.
Eltek ASA: ELTEK SETTLES ALL DISPUTES WITH CERAGON
Thomson Reuters ONE - Wed Apr 02, 1:36AM CDT
Drammen, 2 April 2014. Eltek and Ceragon have entered into a settlement agreement pursuant to which all claims and disputes between the parties related to the divestment of Nera Networks are finally settled.
Eltek ASA: Board approves financial statements for 2013 and proposes dividend of NOK 0.50 per share
Thomson Reuters ONE - Tue Mar 25, 9:57AM CDT
On 25 March 2014, the Board of Directors of Eltek ASA approved the financial statements of Eltek ASA for the financial year 2013. No changes have been made to the previously presented preliminary results for 2013.
Eltek ASA: Report fourth quarter 2013
Thomson Reuters ONE - Thu Feb 13, 12:02AM CST
(Drammen, 13 February 2013) Eltek reported revenue of NOK 973 million and an order entry of NOK 938 million in the fourth quarter 2013, both five percent above the fourth quarter last year. Operating profit (EBIT) was NOK 93 million and pre-tax profit NOK 71 million. These results were in line with the fourth quarter 2012, adjusted for one-off restructuring costs of NOK 12 million.
Eltek launches business transformation program
Thomson Reuters ONE - Wed Feb 12, 11:59PM CST
Drammen, 13th of February 2014 - Eltek today announces ONE Eltek - an ambitious strategic improvement program aimed at improved operational efficiency, customer satisfaction and ultimately improved margin.
Eltek ASA: Invitation to presentation of fourth quarter 2013
Thomson Reuters ONE - Wed Feb 05, 4:18AM CST
Drammen, 5 February 2014 - Eltek ASA is scheduled to release its fourth quarter 2013 results on Thursday 13 February. A combined webcast and conference call for investors, analysts and other interested parties will be held the same day at 8:30 CET.
North America Telecom Power System Market Forecast & Opportunities, 2016
M2 - Wed Jan 22, 10:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/wgdwdb/telecom_power) has announced the addition of the "North America Telecom Power System Market Forecast & Opportunities, 2016" report to their offering. The increasing deployment of telecom infrastructure including all IP-based, broadband- and mobile-oriented networks is increasing the requirements of telecom power systems. There are also continuous technological advances and changes in customer requirements. Since the global economic downturn, there has been a steady increase in the emergence of cost-driven manufacturing companies across Asian countries. Several organizations in North America are increasingly outsourcing their manufacturing activities to developing countries such as India and China. This is mainly because of the availability of low-cost labor and a skilled workforce in these countries. In addition, this move helps companies to increase their market presence in new geographies. Thus, the increasing outsourcing of manufacturing activities leads to an increase in investment from both domestic and international vendors. Further, the report states that one of the main challenges is declining profit margins of manufacturers. In the last few years, the market has become increasingly competitive and cost sensitive. Persistent pricing pressure from customers has affected the profits of companies in this market. Moreover, manufacturers have witnessed increasing cost of raw materials on one hand and higher inflation on the other. The key vendors dominating this market space are: - Delta Electronics Inc. - Eaton Corp - Eltek ASA - Emerson Network Power - General Electric Co. Other vendors mentioned in the report are: - APC Corp. - Argus Power System - C&D Technologies Inc. - Cherokee Power Supplies (Pioneer Magnetics) - Chloride power Systems and Solutions - Magnetek Inc. - Power One Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Market Landscape 07. Market Segmentation 08. Buying Criteria 09. Market Growth Drivers 10. Drivers and their Impact 11. Market Challenges 12. Impact of Drivers and Challenges 13. Market Trends 14. Trends and their Impact 15. Vendor Landscape 16. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/wg...ecom_power
Eltek announces renewal of contract with key customer in North America
Thomson Reuters ONE - Tue Jan 21, 2:10AM CST
Drammen, January 21th, 2014. Eltek today announced that it has renewed a frame agreement for deliveries of power systems to a key customer in North America.
Top stories of China bond market-Jan. 9, 2013
Xinhua Economic News - Wed Jan 08, 8:19PM CST
Top stories of China bond market on Jan. 9 as follows:
Global Telecom Power Systems Market 2012-2016: 5 Key Vendors Covered
M2 - Mon Jan 06, 11:49AM CST
Research and Markets (http://www.researchandmarkets.com/research/n48cvt/global_telecom) has announced the addition of the "Global Telecom Power Systems Market 2012-2016" report to their offering. The analysts forecast the Global Telecom Power System market to grow at a CAGR of 4.21 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing deployment of telecom network infrastructures. The Global Telecom Power System market has also been witnessing the increase in ultra-high capacity optical networks. However, the declining profit margins of manufacturers could pose a challenge to the growth of this market. The key vendors dominating this market space are Delta Electronics Inc., Eaton Corp., Eltek ASA, Emerson Network Power, and General Electric Co. Other vendors mentioned in the report are APC Corp., Argus Power System, C&D Technologies Inc., Cherokee Power Supplies (Pioneer Magnetics), Chloride power Systems and Solutions, Magnetek Inc., Power One Inc., and Shindengen Electric Manufacturing Co. Ltd. Commenting on the report, an analyst from the team said: The Telecom industry across the globe is witnessing increasing adoption ultra-high-capacity optical networks. Service providers have already invested heavily in 10G optical transmissions, and the market is witnessing a shift toward 40G and 100G optical transmission. Also, several network equipment giants such as Alcatel-Lucent, Ciena Corp., and Huawei Technologies Co. Ltd. have plans to conduct trials for 400G optical transmission in the coming years. This would be highly beneficial to manage the explosion of data traffic and would lead to the increased adoption of telecom power systems. According to the report, among the numerous growth drivers of the Global Telecom Power System market, increasing deployment of a telecom network infrastructure is the major growth driver. Increasing deployment of telecom infrastructure including all IP-based,and broadband- and mobile-oriented networks is increasing the requirement of telecom power systems. There are also continuous technological advances and changes in customer requirements. For more information visit http://www.researchandmarkets.com/research/n4...al_telecom About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Eltek launches DC/DC converter designed for data center applications with an efficiency of 98.2%
Thomson Reuters ONE - Fri Dec 20, 2:29AM CST
DRAMMEN, NORWAY, 20 December 2013 - Eltek today announced a DC/DC converter designed for 380VDC input and 48VDC output.
Eltek ASA: Small Pre Christmas Event 12 December 2013
Thomson Reuters ONE - Thu Dec 12, 8:05AM CST
As previously announced, Eltek ASA is today holding a Small Pre Christmas Event in Oslo.
Eltek ASA: Eltek reorganizes its renewable business
Thomson Reuters ONE - Thu Dec 12, 1:52AM CST
Drammen, 12 December 2013 - Eltek has decided to reorganize the renewable segment, as a part of its ongoing cultivation of the core business areas. Write-downs of inventory, capitalized R&D and provisions for future obligations will impact the Income Statement for the fourth quarter negatively by approximately NOK 100 million.
Eltek ASA: Eltek signs major data center contract
Thomson Reuters ONE - Thu Sep 12, 3:06AM CDT
Drammen, 12 September 2013: Eltek today announces a major contract for data centers in the Pacific region. The contract will generate revenues of NOK 16 million for the first of three phases.
Eltek ASA: Tax assessment for 2010 and 2011
Thomson Reuters ONE - Mon Aug 26, 9:01AM CDT
Eltek ASA has received a notification from the tax authorities that they are considering changing the tax assessment for 2010 and 2011 related to loss on intercompany receivables. The implication of the proposed changes will be a reduction of tax loss carried forward of approximately NOK 460 mill and a corresponding negative impact on capitalized deferred tax assets and equity of approximately NOK 130 mill. Eltek ASA disputes the tax authorities preliminary evaluation.
Eltek ASA: MANDATORY NOTIFICATION OF TRADE
Thomson Reuters ONE - Wed Jul 17, 9:42AM CDT
Bjorn Wigstrom, the new CFO in Eltek ASA, has today subscribed for a total of 86,655 A-shares in Eltek Management Invest AS, a subsidiary of Eltek ASA, as part of the co-investment program for the Eltek group. The price paid per A-share was NOK 5.77, giving a total subscription amount of NOK 500,000. Eltek ASA's shareholding in Eltek Management Invest AS is one controlling B-share.
Eltek ASA: Presentation of second quarter and first half year 2014
Thomson Reuters ONE - Fri Jul 18, 12:03AM CDT
The presentation of second quarter and first half year 2014 is attached hereto.
Eltek ASA: Report second quarter and first half year 2014
Thomson Reuters ONE - Fri Jul 18, 12:02AM CDT
(Drammen, 18 July 2014): Eltek reported revenue of NOK 997 million in the second quarter 2014, an increase of 9 percent and from the second quarter last year. Revenue grew across all regions.
Eltek ASA: Invitation to presentation of second quarter 2014
Thomson Reuters ONE - Thu Jul 10, 4:42AM CDT
Drammen, 10 July 2014 - Eltek ASA is scheduled to release its second quarter 2014 results on Friday 18 July. A combined webcast and conference call for investors, analysts and other interested parties will be held the same day at 8:30 CEST.
Eltek Strengthens Management Group
Business Wire - Tue Jul 01, 7:45AM CDT
Eltek ASA today announced several upcoming changes that will strengthen its management group. Kenneth Bodahl has been tapped to become Executive Vice President of Business Development. David Leal, currently Vice President Sales, North America, will succeed Mr. Bodahl as Regional Sales President, Asia Pacific.
Eltek ASA: ELTEK SETTLES ALL DISPUTES WITH CERAGON
Thomson Reuters ONE - Wed Apr 02, 1:36AM CDT
Drammen, 2 April 2014. Eltek and Ceragon have entered into a settlement agreement pursuant to which all claims and disputes between the parties related to the divestment of Nera Networks are finally settled.
Eltek ASA: Board approves financial statements for 2013 and proposes dividend of NOK 0.50 per share
Thomson Reuters ONE - Tue Mar 25, 9:57AM CDT
On 25 March 2014, the Board of Directors of Eltek ASA approved the financial statements of Eltek ASA for the financial year 2013. No changes have been made to the previously presented preliminary results for 2013.
Eltek ASA: Report fourth quarter 2013
Thomson Reuters ONE - Thu Feb 13, 12:02AM CST
(Drammen, 13 February 2013) Eltek reported revenue of NOK 973 million and an order entry of NOK 938 million in the fourth quarter 2013, both five percent above the fourth quarter last year. Operating profit (EBIT) was NOK 93 million and pre-tax profit NOK 71 million. These results were in line with the fourth quarter 2012, adjusted for one-off restructuring costs of NOK 12 million.
Eltek launches business transformation program
Thomson Reuters ONE - Wed Feb 12, 11:59PM CST
Drammen, 13th of February 2014 - Eltek today announces ONE Eltek - an ambitious strategic improvement program aimed at improved operational efficiency, customer satisfaction and ultimately improved margin.
Eltek ASA: Invitation to presentation of fourth quarter 2013
Thomson Reuters ONE - Wed Feb 05, 4:18AM CST
Drammen, 5 February 2014 - Eltek ASA is scheduled to release its fourth quarter 2013 results on Thursday 13 February. A combined webcast and conference call for investors, analysts and other interested parties will be held the same day at 8:30 CET.
North America Telecom Power System Market Forecast & Opportunities, 2016
M2 - Wed Jan 22, 10:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/wgdwdb/telecom_power) has announced the addition of the "North America Telecom Power System Market Forecast & Opportunities, 2016" report to their offering. The increasing deployment of telecom infrastructure including all IP-based, broadband- and mobile-oriented networks is increasing the requirements of telecom power systems. There are also continuous technological advances and changes in customer requirements. Since the global economic downturn, there has been a steady increase in the emergence of cost-driven manufacturing companies across Asian countries. Several organizations in North America are increasingly outsourcing their manufacturing activities to developing countries such as India and China. This is mainly because of the availability of low-cost labor and a skilled workforce in these countries. In addition, this move helps companies to increase their market presence in new geographies. Thus, the increasing outsourcing of manufacturing activities leads to an increase in investment from both domestic and international vendors. Further, the report states that one of the main challenges is declining profit margins of manufacturers. In the last few years, the market has become increasingly competitive and cost sensitive. Persistent pricing pressure from customers has affected the profits of companies in this market. Moreover, manufacturers have witnessed increasing cost of raw materials on one hand and higher inflation on the other. The key vendors dominating this market space are: - Delta Electronics Inc. - Eaton Corp - Eltek ASA - Emerson Network Power - General Electric Co. Other vendors mentioned in the report are: - APC Corp. - Argus Power System - C&D Technologies Inc. - Cherokee Power Supplies (Pioneer Magnetics) - Chloride power Systems and Solutions - Magnetek Inc. - Power One Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Market Landscape 07. Market Segmentation 08. Buying Criteria 09. Market Growth Drivers 10. Drivers and their Impact 11. Market Challenges 12. Impact of Drivers and Challenges 13. Market Trends 14. Trends and their Impact 15. Vendor Landscape 16. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/wg...ecom_power
Eltek announces renewal of contract with key customer in North America
Thomson Reuters ONE - Tue Jan 21, 2:10AM CST
Drammen, January 21th, 2014. Eltek today announced that it has renewed a frame agreement for deliveries of power systems to a key customer in North America.
Top stories of China bond market-Jan. 9, 2013
Xinhua Economic News - Wed Jan 08, 8:19PM CST
Top stories of China bond market on Jan. 9 as follows:
Global Telecom Power Systems Market 2012-2016: 5 Key Vendors Covered
M2 - Mon Jan 06, 11:49AM CST
Research and Markets (http://www.researchandmarkets.com/research/n48cvt/global_telecom) has announced the addition of the "Global Telecom Power Systems Market 2012-2016" report to their offering. The analysts forecast the Global Telecom Power System market to grow at a CAGR of 4.21 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing deployment of telecom network infrastructures. The Global Telecom Power System market has also been witnessing the increase in ultra-high capacity optical networks. However, the declining profit margins of manufacturers could pose a challenge to the growth of this market. The key vendors dominating this market space are Delta Electronics Inc., Eaton Corp., Eltek ASA, Emerson Network Power, and General Electric Co. Other vendors mentioned in the report are APC Corp., Argus Power System, C&D Technologies Inc., Cherokee Power Supplies (Pioneer Magnetics), Chloride power Systems and Solutions, Magnetek Inc., Power One Inc., and Shindengen Electric Manufacturing Co. Ltd. Commenting on the report, an analyst from the team said: The Telecom industry across the globe is witnessing increasing adoption ultra-high-capacity optical networks. Service providers have already invested heavily in 10G optical transmissions, and the market is witnessing a shift toward 40G and 100G optical transmission. Also, several network equipment giants such as Alcatel-Lucent, Ciena Corp., and Huawei Technologies Co. Ltd. have plans to conduct trials for 400G optical transmission in the coming years. This would be highly beneficial to manage the explosion of data traffic and would lead to the increased adoption of telecom power systems. According to the report, among the numerous growth drivers of the Global Telecom Power System market, increasing deployment of a telecom network infrastructure is the major growth driver. Increasing deployment of telecom infrastructure including all IP-based,and broadband- and mobile-oriented networks is increasing the requirement of telecom power systems. There are also continuous technological advances and changes in customer requirements. For more information visit http://www.researchandmarkets.com/research/n4...al_telecom About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Eltek launches DC/DC converter designed for data center applications with an efficiency of 98.2%
Thomson Reuters ONE - Fri Dec 20, 2:29AM CST
DRAMMEN, NORWAY, 20 December 2013 - Eltek today announced a DC/DC converter designed for 380VDC input and 48VDC output.
Eltek ASA: Small Pre Christmas Event 12 December 2013
Thomson Reuters ONE - Thu Dec 12, 8:05AM CST
As previously announced, Eltek ASA is today holding a Small Pre Christmas Event in Oslo.
Eltek ASA: Eltek reorganizes its renewable business
Thomson Reuters ONE - Thu Dec 12, 1:52AM CST
Drammen, 12 December 2013 - Eltek has decided to reorganize the renewable segment, as a part of its ongoing cultivation of the core business areas. Write-downs of inventory, capitalized R&D and provisions for future obligations will impact the Income Statement for the fourth quarter negatively by approximately NOK 100 million.
Eltek ASA: Eltek signs major data center contract
Thomson Reuters ONE - Thu Sep 12, 3:06AM CDT
Drammen, 12 September 2013: Eltek today announces a major contract for data centers in the Pacific region. The contract will generate revenues of NOK 16 million for the first of three phases.
Eltek ASA: Tax assessment for 2010 and 2011
Thomson Reuters ONE - Mon Aug 26, 9:01AM CDT
Eltek ASA has received a notification from the tax authorities that they are considering changing the tax assessment for 2010 and 2011 related to loss on intercompany receivables. The implication of the proposed changes will be a reduction of tax loss carried forward of approximately NOK 460 mill and a corresponding negative impact on capitalized deferred tax assets and equity of approximately NOK 130 mill. Eltek ASA disputes the tax authorities preliminary evaluation.
Eltek ASA: MANDATORY NOTIFICATION OF TRADE
Thomson Reuters ONE - Wed Jul 17, 9:42AM CDT
Bjorn Wigstrom, the new CFO in Eltek ASA, has today subscribed for a total of 86,655 A-shares in Eltek Management Invest AS, a subsidiary of Eltek ASA, as part of the co-investment program for the Eltek group. The price paid per A-share was NOK 5.77, giving a total subscription amount of NOK 500,000. Eltek ASA's shareholding in Eltek Management Invest AS is one controlling B-share.
