Duyuru • Feb 10
HMS Networks AB (publ) to Report Fiscal Year 2025 Final Results on Mar 25, 2026 HMS Networks AB (publ) announced that they will report fiscal year 2025 final results on Mar 25, 2026 Duyuru • Feb 05
HMS Networks AB (publ) to Report Q4, 2026 Final Results on Jan 28, 2027 HMS Networks AB (publ) announced that they will report Q4, 2026 final results at 7:30 AM, Coordinated Universal Time on Jan 28, 2027 Duyuru • Nov 16
HMS Networks AB (publ) to Report Q2, 2026 Results on Jul 14, 2026 HMS Networks AB (publ) announced that they will report Q2, 2026 results at 7:30 AM, Coordinated Universal Time on Jul 14, 2026 Duyuru • Sep 23
HMS Networks AB (publ), Annual General Meeting, Apr 23, 2026 HMS Networks AB (publ), Annual General Meeting, Apr 23, 2026. Duyuru • Sep 12
HMS Networks AB (publ) to Report Q1, 2026 Results on Apr 23, 2026 HMS Networks AB (publ) announced that they will report Q1, 2026 results on Apr 23, 2026 Duyuru • Apr 24
HMS Networks AB (publ) Approves No Dividend for the Financial Year 2024 HMS Networks AB (publ) held its Annual General Meeting on April 25, 2025, resolved in accordance with the Board’s proposal that no dividend shall be paid to the shareholders for the 2024 financial year, and that the profit for 2024 plus the retained earnings carried forward from the previous years shall be carried forward. Duyuru • Apr 23
HMS Networks AB (publ) to Report Fiscal Year 2025 Results on Jan 27, 2026 HMS Networks AB (publ) announced that they will report fiscal year 2025 results on Jan 27, 2026 Duyuru • Nov 01
HMS Networks AB (publ) (OM:HMS) completed the acquisition of PEAK-System Technik GmbH from Dogawist-Investment GmbH. HMS Networks AB (publ) (OM:HMS) entered into a binding agreement to acquire PEAK-System Technik GmbH from Dogawist-Investment GmbH for €69 million on October 1, 2024. The acquisition will be financed through a combination of existing financing arrangements and a new term loan of €30 million provided by Skandinaviska Enskilda Banken AB (Publ) and the Swedish Export Credit Corporation.
For the period ending September 30, 2024, PEAK-System Technik GmbH reported total revenue of €25 million.
The transaction is subject to closing conditions and the is expected to be completed on November 1, 2024.
HMS Networks AB (publ) (OM:HMS) completed the acquisition of PEAK-System Technik GmbH from Dogawist-Investment GmbH November 1, 2024. Duyuru • Oct 15
HMS Networks AB (publ) Changes Organization to Strengthen Customer Focus and Cross-Selling HMS Networks AB (publ) announced a re-organization into a structure with three divisions to gear up for continued growth. Rationale for the organization change Since 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 acquisitions of Red Lion Controls and PEAK-System, HMS re-structures to better serve the different customer groups and group the product offerings to leverage technology synergies. The three divisions The result is three divisions, all with clear target customer groups where each division has full Profit & Loss responsibility and a homogeneous offer. Industrial Data Solutions (IDS): Solutions to connect, secure, diagnose and visualize data in industrial applications. The main brands will include Red Lion, Ewon and N-tron focusing on machine builders, system integrators and end-users within Industrial Automation. The division will be led by Alexander Hess, who currently holds the position as SVP Information Centric at HMS. Industrial Network Technologies (INT): Technology for communication, control and security in industrial devices. The main brand will be Anybus focusing on device makers within Industrial Automation. The division will be led by Bartek S. Candell, who currently holds the position as SVP Control Centric at HMS. New Industries (NI): Industrial communication for niche applications in growing industries outside the Industrial Automation markets. Building Automation and Vehicle Communication will be under New Industries. Main brands will be Intesis, Ixxat, PEAK-System and Owasys. The managers in New Industries will report to CEO Staffan Dahlström. The new organization will be in place from January 1, 2025. This also means that HMS will start with segment reporting as of the first quarter 2025. Financial implications from the organization change As a result of the new organization there will be about 40 positions, primarily within management and the sales and marketing organization, that will be impacted. Including the acquisition of PEAK-System and the divestment of MB Connect Line, HMS will have just over 1100 employees from January 1, 2025. The restructuring following the organizational change is expected to result in full year savings of SEK 40 million, with full impact from January 1, 2025, and will come with restructuring costs of SEK 25 million that will impact the fourth quarter of 2024. Duyuru • Oct 04
HMS Networks AB (publ), Annual General Meeting, Apr 24, 2025 HMS Networks AB (publ), Annual General Meeting, Apr 24, 2025. Duyuru • Oct 02
HMS Networks AB (publ) (OM:HMS) entered into a binding agreement to acquire PEAK-System Technik GmbH from Dogawist-Investment GmbH for €69 million. HMS Networks AB (publ) (OM:HMS) entered into a binding agreement to acquire PEAK-System Technik GmbH from Dogawist-Investment GmbH for €69 million on October 1, 2024. The acquisition will be financed through a combination of existing financing arrangements and a new term loan of €30 million provided by Skandinaviska Enskilda Banken AB (Publ) and the Swedish Export Credit Corporation.
For the period ending September 30, 2024, PEAK-System Technik GmbH reported total revenue of €25 million.
The transaction is subject to closing conditions and the is expected to be completed on November 1, 2024. Duyuru • Apr 19
HMS Networks AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.4 billion. HMS Networks AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 1.4 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,500,000
Price\Range: SEK 400
Transaction Features: Subsequent Direct Listing Duyuru • Apr 18
HMS Networks AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.4 billion. HMS Networks AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 1.4 billion.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Subsequent Direct Listing Duyuru • Apr 16
HMS Networks AB (Publ) Realize Immediate Cost Synergies and Launches Cost-Saving Program to Streamline the Organization on April 2, 2024, HMS and Red Lion have started the work of realizing synergies between the companies and hereby announces immediate cost synergies. Additionally, as a result of strong organic growth the last few years, and a dampened market demand experienced over the recent quarters and a slower market recovery, HMS is now initiating a cost-saving program to reduce the costs and streamline the organization to be positioned for further growth. The main initiatives of the program will be to realize early cost synergies from the acquisition of Red Lion and a restructuring of the Anybus organization, but also a fine-tuning of the European organization. The program is expected to affect approximately 45 positions in total, of which approximately 25 positions in Sweden, and result in cost savings of about SEK 30 million in 2024, with a full year effect of about SEK 55 million. As a result of the program, HMS will commence negotiations with labor unions in Sweden. The expected cost savings will gradually materialize during the second quarter of 2024, with full impact from the start of the third quarter of 2024. As a result of the cost-saving program, the company expects one-time restructuring costs of approximately SEK 35 million during the second quarter. Duyuru • Apr 10
Chief Commercial Officer, Hans Larsson Decides to Leave HMS Networks, Effective June 20, 2024 The Chief Commercial Officer (CCO), Hans Larsson, has decided to leave HMS Networks for new challenges outside the company. Hans Larsson will stay with HMS until June 20, 2024. Duyuru • Apr 03
HMS Networks AB (publ) (OM:HMS) completed the acquisition of Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million. HMS Networks AB (publ) (OM:HMS) has entered into a binding agreement to acquire Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million on December 11, 2023. The acquisition will be financed through a combination of new debt and equity. HMS has obtained debt financing in an amount of $225 million provided by Skandinaviska Enskilda Banken AB and the Swedish Export Credit Corporation, consisting of a term loan and a revolving credit facility. In addition, Skandinaviska Enskilda Banken AB has provided a bridge loan facility in an amount of $120 million, which is expected to be repaid with the proceeds from a share issue that is planned to be carried out after the closing of the acquisition. In the twelve-month period ending on September 30, 2023, Red Lion reported sales of about $128.211 million and an adjusted EBIT of about $26.4315 million , corresponding to an adjusted EBIT margin of about 20.6 percent. Further, Red Lion reported in the corresponding period, a gross margin of about 55 percent. After allowing for tax, the net proceeds from the sale are expected to be approximately $275 million. After completion of the acquisition and the share issue, net debt/adjusted EBITDA on pre-IFRS 16 basis, excluding transaction and integration costs, is expected to be approximately 2.0x. The acquisition is subject subject to customary closing conditions including regulatory approvals, filing with and approval by the appropriate authorities under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 and filing with and approval by the Committee on Foreign Investment in the United States. The transaction is expected to close during the first half of 2024. The acquisition is expected to be accretive to HMS' earnings per share from completion of the acquisition (excluding any non-cash amortization impacts from the transaction). Skandinaviska Enskilda Banken AB provides the debt financing facility (together with SEK) and acts as exclusive financial advisor to HMS on the contemplated share issue. Mannheimer Swartling Advokatbyrå acts as lead counsel to HMS on the acquisition of Red Lion, the debt financing facility and the contemplated share issue, with Cravath, Swaine & Moore as special US counsel. Alvarez & Marsal acts as Accountant and financial advisor to HMS in the transaction. Evan Yellin, Malte Richter and Han Wool Park of EC M&A - London acted as financial advisor to Spectris plc (LSE:SXS). Wilmer Cutler Pickering Hale and Dorr LLP acted as a legal counsel to Spectris plc (LSE:SXS). For HMS and Red Lion customers, there will be no initial changes. The HMS and Red Lion company names remain unchanged and product brands will be marketed and sold as before through the same channels. Production and shipping are handled from the HMS and Red Lion entities respectively. Contact details and email addresses remain, with the exception of India where Red Lion staff will get an hms-networks.com address.
HMS Networks AB (publ) (OM:HMS) completed the acquisition of Red Lion Controls, Inc. from Spectris plc (LSE:SXS) on April 2, 2024. Duyuru • Mar 15
HMS Networks AB (publ) Announces Fredrik Hansson Declines Re-Election as Board Member HMS Networks AB (publ) at its Annual General Meeting to be held on April 23, 2024, announced Fredrik Hansson has declined re-election as Board Member. Duyuru • Feb 15
HMS Networks AB (publ) to Report Fiscal Year 2023 Results on Mar 27, 2024 HMS Networks AB (publ) announced that they will report fiscal year 2023 results on Mar 27, 2024 Duyuru • Jan 26
HMS Networks AB (Publ) Proposes A Dividend The Board of Directors of HMS Networks AB (publ) proposed a dividend to the amount of SEK 4.40 (4.00) per share. Duyuru • Jan 05
HMS Networks AB (publ), Annual General Meeting, Apr 23, 2024 HMS Networks AB (publ), Annual General Meeting, Apr 23, 2024. Duyuru • Dec 13
HMS Networks AB (publ) (OM:HMS) has entered into a binding agreement to acquire Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million. HMS Networks AB (publ) (OM:HMS) has entered into a binding agreement to acquire Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million on December 11, 2023. The acquisition will be financed through a combination of new debt and equity. HMS has obtained debt financing in an amount of $225 million provided by Skandinaviska Enskilda Banken AB and the Swedish Export Credit Corporation, consisting of a term loan and a revolving credit facility. In addition, Skandinaviska Enskilda Banken AB has provided a bridge loan facility in an amount of $120 million, which is expected to be repaid with the proceeds from a share issue that is planned to be carried out after the closing of the acquisition. In the twelve-month period ending on September 30, 2023, Red Lion reported sales of about $128.211 million and an adjusted EBIT of about $26.4315 million , corresponding to an adjusted EBIT margin of about 20.6 percent. Further, Red Lion reported in the corresponding period, a gross margin of about 55 percent. After allowing for tax, the net proceeds from the sale are expected to be approximately $275 million. After completion of the acquisition and the share issue, net debt/adjusted EBITDA on pre-IFRS 16 basis, excluding transaction and integration costs, is expected to be approximately 2.0x. The acquisition is subject subject to customary closing conditions including regulatory approvals, filing with and approval by the appropriate authorities under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 and filing with and approval by the Committee on Foreign Investment in the United States. The transaction is expected to close during the first half of 2024. The acquisition is expected to be accretive to HMS' earnings per share from completion of the acquisition (excluding any non-cash amortization impacts from the transaction). Skandinaviska Enskilda Banken AB provides the debt financing facility (together with SEK) and acts as exclusive financial advisor to HMS on the contemplated share issue. Mannheimer Swartling Advokatbyrå acts as lead counsel to HMS on the acquisition of Red Lion, the debt financing facility and the contemplated share issue, with Cravath, Swaine & Moore as special US counsel. Alvarez & Marsal acts as Accountant and financial advisor to HMS in the transaction. Evan Yellin, Malte Richter and Han Wool Park of EC M&A - London acted as financial advisor to Spectris plc (LSE:SXS). Duyuru • Oct 23
HMS Networks expands Group Management HMS Networks AB (publ) has appointed Bartek S. Candell as Senior Vice President Control Centric and expands Group Management with this new role. Bartek S. Candell, General Manager for HMS’ business area Anybus, will take part of HMS’ Group Management in a new role with responsibility for the "Control Centric" area. Bartek has worked at HMS since 2011, in previous roles such as General Manager APAC and China, and Key Account Manager. Duyuru • Oct 05
HMS Networks AB (publ) Appoints Nomination Committee HMS Networks AB (publ) announced that according to the previous AGM resolution, the Chairman of the Board has consulted with the company’s four largest shareholders for a Nomination Committee. The Nomination Committee will prepare proposals for the Annual General Meeting 2024 regarding Chairman of the AGM, Board of Directors, Chairman of the Board and auditors. The Nomination Committee will also prepare proposals concerning fees to the Board of Directors and auditors and remuneration for committee work. The Nomination Committee appointed for the 2024 Annual General Meeting in HMS Networks AB (publ) consists of the following members: Johan Menckel, Investment AB Latour, Chairman; Sophie Larsén, AMF Fonder; Patrik Jönsson, SEB Fonder; Staffan Dahlström, private shareholding; Charlotte Brogren, Chairman of the Board. Duyuru • Feb 16
HMS Networks AB (publ) to Report Fiscal Year 2022 Final Results on Mar 24, 2023 HMS Networks AB (publ) announced that they will report fiscal year 2022 final results on Mar 24, 2023 Duyuru • Jan 18
HMS Networks AB (publ) to Report Q3, 2023 Results on Oct 18, 2023 HMS Networks AB (publ) announced that they will report Q3, 2023 results on Oct 18, 2023 Duyuru • Jan 14
HMS Networks AB (publ) Announces Resignation of Anders Hansson as Chief Marketing Officer HMS Networks AB (publ) announced the resignation of Anders Hansson as Chief Marketing Officer for new challenges outside the company. Anders Hansson will stay with HMS during a 6-month notice period starting January 13, 2023. Duyuru • Oct 19
HMS Networks AB (publ) to Report First Half, 2023 Results on Jul 14, 2023 HMS Networks AB (publ) announced that they will report first half, 2023 results on Jul 14, 2023 Duyuru • Apr 14
HMS Networks AB (publ) to Report Fiscal Year 2022 Results on Jan 26, 2023 HMS Networks AB (publ) announced that they will report fiscal year 2022 results on Jan 26, 2023