EEKAF Eltek ASA featured news, full reports, and detailed charts
Eltek ASA (EEKAF/EEKAF.PK) Wrap Up:
Eltek ASA, through its subsidiaries, develops and markets energy and transmission systems for telecom networks and industrial applications. It offers rectifiers, DC/DC converters, DC controllers, CAN-modules, inverters, static bypass switches, power racks, monoblock systems, EV power chargers, remote power solutions, monitoring and control solutions, and power cabinets, as well as provides installation and commissioning; preventive maintenance; on-site service; and site survey, planning, and project management services. The company also offers wireless microwave transmission systems for communication network owners in various market segments, including mobile, broadcast, enterprises and Internet service providers, government and educational institutes, defense, and offshore and utilities. In addition, Eltek provides microwave, satellite, and wireless broadband access solutions for telecom networks, as well as of a range of infocom solutions, including broadcasting and retail payment solutions. Further, the company provides information and communication related services. It serves telecommunication companies in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. Eltek ASA was founded in 1971 and is headquartered in Drammen, Norway.Eltek ASA (EEKAF:Pink OTC Markets Inc)
Snapshot of Eltek ASA (EEKAF)
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OPEN
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PREVIOUS CLOSE
$0.55
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
07/30/09 - $0.69
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52 WEEK LOW
12/30/08 - $0.18
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MARKET CAP
214.0M
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AVERAGE VOLUME 3 mo
0.0
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DILUTED EPS TTM
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SHARES OUTSTANDING
389.1M
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EEKAF Does Not Pay Dividends
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P/E TTM
NM
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EEKAF Top Compensated Officers
Executives, Board Directors
Key developments for Eltek ASA (EEKAF)
Eltek ASA reported earnings results for the third quarter and nine months of 2009. The company reported revenue of NOK 1,408 million and a gross profit of NOK 315 million for the third quarter 2009. Operating profit (EBIT) was NOK 45 million, and profit before tax NOK 27 million. The focus on working capital management continued to support cash flow, and free cash flow was NOK 142 million in the third quarter, and net debt was reduced by NOK 149 million to NOK 575 million at the end of the third quarter. Revenue was on par with the third quarter 2008 but declined 6% on a currency adjusted basis in a challenging market environment. Cash flow from operating activities was NOK 225 million in the third quarter and net cash flow from investing activities NOK-83 million, generating a free cash flow after investment of NOK 142 million. For the first nine months free cash flow after investment was NOK 392 million, compared to a negative free cash flow of NOK 314 million in the same period last year.
Eltek ASA announced that they will report Q1, 2010 results at 8:30, CET-Central European on April 28, 2010.
Eltek ASA announced that they will report Q2, 2010 results at 8:30, CET-Central European on August 19, 2010.
EEKAF Competitors
| Company | Last | Change |
| Alcatel-Lucent | €2.46 EUR | -0.021 |
| DragonWave Inc | C$9.26 CAD | +0.08 |
| Harris Corp | $43.07 USD | -0.28 |
| Harris Stratex Networks Inc | $6.38 USD | +0.01 |
| NEC Corporation | ¥215.00 JPY | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | EEKAF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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EEKAF |
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EEKAF transactions
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| No transactions in the last 6 months. | ||