reports
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
HMS Networks has completed the acquisition of PEAK-System Technik
HMS Networks has completed the acquisition of PEAK-System Technik HMS Networks AB (publ) (“HMS”) has today completed the previously announced acquisition of 100 percent of the shares in PEAK-System Technik GmbH (“PEAK-System”), a well-established German provider of industrial communication solutions. On October 1, 2024, HMS announced that an agreement had been signed with DOGAWIST-Investment GmbH regarding the acquisition of PEAK-System for a cash consideration of EUR 69 million, on a cash and debt free basis (Enterprise Value). The acquisition has now been completed, strengthening HMS...
HMS Networks har slutfört förvärvet av PEAK-System Technik
HMS Networks har slutfört förvärvet av PEAK-System Technik HMS Networks AB (publ) har idag slutfört det sedan tidigare aviserade förvärvet av samtliga aktier i PEAK-System Technik GmbH (”PEAK-System”), en väletablerad tysk leverantör av industriella kommunikationslösningar. Den 1 oktober 2024 tillkännagav HMS att ett avtal hade tecknats med DOGAWIST-Investment GmbH angående förvärvet av PEAK-System för en kontant ersättning på 69 miljoner Euro, på kassa- och skuldfri basis (Eng. Enterprise Value). Förvärvet har nu genomförts, vilket stärker HMS position inom industriell informations- o...
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
- Joachim Gunell
HMS Networks (Buy, TP: SEK515.00) - Focus soon to shift to 2025e
Tougher for longer end-markets usually expose flaws, but HMS’s quality characteristics are evident from its fifth consecutive margin Infront consensus beat, allowing for operating leverage as the market rebounds. Nine quarters of organic order declines suggest bounce-back potential in mid-2025, while the 13% order miss to Visible Alpha consensus sending the share price up 2% on Friday suggests investors are unlikely to become more negative. We reiterate our BUY but have cut our target price to S...
HMS Networks has completed the divestment of MB Connect Line
HMS Networks has completed the divestment of MB Connect Line HMS Industrial Networks GmbH, a wholly owned subsidiary of the HMS Networks AB (publ) group, has today completed the divestment of all shares in Red Lion Europe GmbH, located in Dinkelsbühl, Germany. On October 1, 2024, HMS announced that an agreement had been signed to divest Red Lion Europe GmbH for a cash consideration of EUR 5 million. HMS has today completed the divestment with effective date October 1, 2024. Business operations are continued by the company's long-standing managers. For more information, please contact:St...
HMS Networks har slutfört avyttringen av MB Connect Line
HMS Networks har slutfört avyttringen av MB Connect Line HMS Industrial Networks GmbH, ett helägt dotterbolag i HMS Networks AB (publ)-koncernen har idag slutfört avyttringen av samtliga aktier i Red Lion Europe GmbH, med verksamhet i Dinkelsbühl, Tyskland. Den 1 oktober 2024 tillkännagav HMS att ett avtal hade tecknats angående att avyttra samtliga aktier i Red Lion Europe GmbH för en kontant ersättning på 5 miljoner EUR. HMS har idag slutfört avyttringen, med ikraftträdande den 1 oktober 2024. Verksamheten kommer att drivas vidare av bolagets nuvarande ledning. För mer information, vä...
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
HMS Networks changes organization to strengthen customer focus and cro...
HMS Networks changes organization to strengthen customer focus and cross-selling HMS Networks AB (publ) (“HMS”), a global provider of industrial information and communication technology, today announces a re-organization into a structure with three divisions to gear up for continued growth. Rationale for the organization changeSince 2017, HMS has been operating with a matrix organization with business units responsible for product development and market units responsible for sales and marketing of all products. Following the organic growth over the last years and the recent acquisition...
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
Invitation to HMS Networks’ third quarter conference call 2024
Invitation to HMS Networks’ third quarter conference call 2024 HMS Networks AB (publ) will release its third quarter report of 2024 on Friday October 18, 2024, at approximately 07.30 AM CEST. On the same day, at 09.00 AM CEST, President and CEO Staffan Dahlström and CFO Joakim Nideborn present the report in a conference call for press and analysts. The presentation is in English and can be followed live via telephone or web. Slides used in the presentation will be made available on HMS’ website prior to the telephone conference. If you wish to participate via webcast, please use the link...
Inbjudan till HMS Networks telefonkonferens för det tredje kvartalet 2...
Inbjudan till HMS Networks telefonkonferens för det tredje kvartalet 2024 HMS Networks AB (publ) offentliggör sin rapport för det tredje kvartalet 2024 fredagen den 18 oktober 2024 klockan 07.30. Samma dag klockan 09.00 arrangeras en telefonkonferens för press och aktiemarknad, där VD och koncernchef Staffan Dahlström samt finanschef Joakim Nideborn presenterar rapporten. Presentationen hålls på engelska och följs direkt via telefon eller via internet. De bilder som används under presentationen kommer finnas tillgängliga på HMS webbplats före telefonkonferensen. Om du önskar delta via we...
HMS Networks AB (publ) divests MB Connect Line
HMS Networks AB (publ) divests MB Connect Line HMS Industrial Networks GmbH, a wholly owned subsidiary of the HMS Networks AB (publ) group, has today entered into binding agreement to divest all shares in Red Lion Europe GmbH, located in Dinkelsbühl, Germany for a cash consideration of EUR 5 million. Business operations are continued by the company's long-standing managers. Red Lion Controls Europe GmbH is a manufacturer of secure remote access and industrial IoT and security products currently sold under the MB Connect Line brand. The rationale for the divestment is to streamline the glo...
HMS Networks AB (publ) avyttrar MB Connect Line
HMS Networks AB (publ) avyttrar MB Connect Line HMS Industrial Networks GmbH, ett helägt dotterbolag i HMS Networks AB (publ)-koncernen har idag ingått ett bindande avtal om att avyttra samtliga aktier i Red Lion Europe GmbH, med verksamhet i Dinkelsbühl, Tyskland för en kontant ersättning på 5 miljoner Euro. Verksamheten kommer att drivas vidare av bolagets nuvarande ledning. Red Lion Controls Europe GmbH är en tillverkare av remote access och industriella IoT- och säkerhetsprodukter som säljs under varumärket MB Connect Line. Avyttringen görs för att HMS vill samla sina lösningar för rem...
HMS Networks acquires PEAK-System Technik and strengthens its position...
HMS Networks acquires PEAK-System Technik and strengthens its position within Industrial Information and Communication Technology (ICT) HMS Networks AB (publ) (“HMS”), a global provider of industrial information and communication technology, has today entered into a binding agreement with DOGAWIST-Investment GmbH to acquire 100% of the shares in PEAK-System Technik GmbH (“PEAK-System”), a well-established German provider of industrial communication solutions. Summary of the acquisition HMS has entered into a binding agreement to acquire PEAK-System for a cash consideration of EUR 69...
HMS Networks förvärvar PEAK-System Technik och stärker sin position in...
HMS Networks förvärvar PEAK-System Technik och stärker sin position inom industriell informations- och kommunikationsteknologi (ICT) HMS Networks AB (publ) ("HMS"), en global leverantör av industriell informations- och kommunikationsteknologi, har idag ingått ett bindande avtal med DOGAWIST-Investment GmbH om att förvärva 100 % av aktierna i PEAK-System Technik GmbH ("PEAK-System”), en väletablerad tysk leverantör av industriella kommunikationslösningar. Sammanfattning av förvärvet HMS har ingått ett bindande avtal om att förvärva PEAK-System för en kontant betalning på 69 miljoner ...
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
- ABGSC IT Research
- Daniel Thorsson
- Simon Granath
- Joachim Gunell
HMS Networks (Buy, TP: SEK525.00) - Order recovery pushed out
We believe investors are increasingly seeking an entry point in HMS amid the ongoing cyclical correction in factory automation. In our view, orders have troughed, but recent outlook commentary from automation peers and customers suggests a recovery would be more gradual than pent-up, which could push a re-rating into 2025e. We reiterate our BUY but have cut our target price to SEK525 (530).
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