Vacon's Capital Markets Day on May 25, 2011
(Thomson Reuters ONE) -
Vacon Plc, Stock Exchange Release, 25 May 2011 at 9 am
Vacon Plc is holding a Capital Markets Day for investors, analysts and media
representatives on 25 May 2011 starting at 9.00 am in Vantaa, Finland.
The presentations of the day will focus on energy savings that can be achieved
with AC drives, prospects for the AC drives market and the added value Vacon AC
drives bring to the customer.
The speakers will be Vesa Laisi (Vacon's CEO), Heikki Hiltunen, (Vacon Executive
Vice President, Products and Markets), Ms Eriikka Söderström (Vacon's CFO) and
Mr Sebastian Linko, Director, Corporate Communications and Investor Relations as
well as Marketing Directors of Vacon's main product sectors, Renewable Energy
and Motor Control, Mr Olli Tevä and Mr Simo Kekkonen.
At the end of the day, we will pay a visit to our customer's site and see Vacon
AC drives in action in various applications.
Vacon continues to follow its strategy of profitable growth. Vacon estimates
that its 2011 revenues will increase 10% - 20% and its operating profit
percentage is expected to rise from 2010. Earnings per share are expected to
improve significantly from 2010. Vacon's goal is to achieve revenues of EUR 500
million in 2014. Its long-term profitability target is an operating profit of
14% and a return on equity of more than 30%.
The Capital Markets Day presentations will be available on Vacon's Internet
website at www.vacon.com under "Investor info".
Vacon Plc
Further information and press contact:
* Sebastian Linko, Director, Corporate Communications and Investor Relations,
+358 40 837 1634, email sebastian.linko(at)vacon.com
Vacon in brief:
Vacon is driven by a passion to design, manufacture and sell only the best AC
drives on the planet - and nothing else. AC drives can be used to control
electric motors or to help generate power from renewable sources. Vacon has R&D
and production units in Finland, the United States, China and Italy, and sales
offices in 27 countries. In 2010, Vacon had revenues of EUR 338 million and
globally employed 1,300 people. Vacon's shares (VAC1V) are listed and publicly
traded on the Helsinki Stock Exchange.
Driven by Drives, www.vacon.com
Distribution:
NASDAQ OMX Helsinki
Financial Supervisory Authority
Main Media
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(i) the releases contained herein are protected by copyright and
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Vacon Oyj via Thomson Reuters ONE
[HUG#1518542]
Unternehmensinformation / Kurzprofil:
Datum: 25.05.2011 - 08:02 Uhr
Sprache: Deutsch
News-ID 54971
Anzahl Zeichen: 3172
contact information:
Town:
Vaasa
Kategorie:
Business News
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"Vacon's Capital Markets Day on May 25, 2011"
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