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SERVOTRONICS INC (SVT)
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All | News | Filings
| Date Filed | Type | Description |
| 05/14/2019 |
8-K
| Quarterly results |
| 03/14/2019 |
8-K
| Quarterly results|
Docs:
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"SERVOTRONICS, INC. ANNOUNCES 2018 OPERATING RESULTS Elma, NY – Servotronics, Inc. a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the year ended December 31, 2018. Net income for year ended December 31, 2018 was $3,498,000 on consolidated revenues of $47,857,000 as compared to net income for the same period of 2017 of $1,317,000 on revenues of $41,444,000. Gross margin for 2018 was $12.1 million, or 25.3% of revenue, compared with $10.0 million, or 24.1% of revenue for 2017. The increase as a percentage of revenue is primarily due to the mix of product sold, as well as the realization of certain expected operational efficiencies attributable to increased production at the ATG. EBITDA for the ye..." |
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| 11/13/2018 |
8-K
| Quarterly results |
| 08/13/2018 |
8-K
| Quarterly results|
Docs:
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"1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 August 13, 2018 SERVOTRONICS, INC. ANNOUNCES SECOND QUARTER RESULTS FOR THE PERIOD ENDED June 30, 2018 Elma, NY – Servotronics, Inc. a designer and manufacturer of servo-control components and other advanced technology products announced financial results for the period ended June 30, 2018. Net income increased approximately 573.3% to $707,000 for the second quarter ended June 30, 2018 compared to net income of $105,000 for the comparable period ended June 30, 2017. Revenues for the quarter were $11,946,000, approximately a 24.2% increase from $9,616,000 for the same period in 2017. During this period the Advanced Technology Group increased commercial shipments by approximatel..." |
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| 05/14/2018 |
8-K
| Quarterly results |
| 03/23/2018 |
8-K
| Quarterly results|
Docs:
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"SERVOTRONICS, INC. ANNOUNCES 2017 OPERATING RESULTS Elma, NY – Servotronics, Inc. a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the year ended December 31, 2017. Net income for the twelve month period ended December 31, 2017 was $1,317,000 on revenues of $41,444,000 as compared to net income for the same period of 2016 of $1,753,000 on revenues of $38,587,000. Excluding certain non-recurring items related to the death benefits under the employment agreement for the Company’ s late founder, Chairman and Chief Executive Officer and arbitration expense, each net of tax, the Company’ s adjusted net income increased approximately 1.1% from $1,753,000 for the twelve-month period ended December 31, ..." |
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| 11/13/2017 |
8-K
| Quarterly results |
| 08/11/2017 |
8-K
| Quarterly results |
| 05/16/2017 |
8-K
| Quarterly results|
Docs:
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"1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012",
"SERVOTRONICS, INC. DECLARES CASH DIVIDEND OF $0.15 PER SHARE Servotronics, Inc. , today announced that its Board of Directors declared a $0.15 per share cash dividend. The dividend will be paid on July 14, 2017 to shareholders of record on June 30, 2017. This dividend does not represent that the Company will pay dividends on a regular or scheduled basis. The Company is composed of two groups – the Advanced Technology Group and the Consumer Products Group . The ATG primarily designs, develops and manufactures servo control and other components for various commercial and government applications . The CPG designs and manufactures cutlery, bayonets, machetes and combat, survival, sporting, agricultural, and pocket knives for both commercial and government applications. SERVOTRONICS, INC. IS LI..." |
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| 03/15/2017 |
8-K
| Form 8-K - Current report |
| 11/14/2016 |
8-K
| Quarterly results|
Docs:
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"THIRD QUARTER AND NINE MONTH RESULTS FOR THE PERIODS ENDED SEPTEMBER 30, 2016 Elma, NY – Servotronics, Inc. a designer and manufacturer of servo-control components and other advanced technology products announced today its financial results for the periods ended September 30, 2016. Net income for the nine months ended September 30, 2016 was $1,628,000 on revenues of $28,708,000 as compared to net income for the same period of 2015 of $4,136,000 on revenues of $27,122,000 which included a previously disclosed insurance settlement related to an arbitration award. Excluding those items, the Company’ s adjusted net income increased approximately 36% from $1,199,000 for the nine months ended September 30, 2015 to $1,628,000 for the same period of 2016. The increase in adjusted net income for 20..." |
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| 08/12/2016 |
8-K
| Quarterly results |
| 05/11/2016 |
8-K
| Quarterly results |
| 03/21/2016 |
8-K
| Quarterly results |
| 11/12/2013 |
8-K
| Quarterly results |
| 08/12/2013 |
8-K
| Quarterly results |
| 03/21/2013 |
8-K
| Quarterly results|
Docs:
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"YEAR END INCOME AND REVENUES Elma, NY – Servotronics, Inc. reported net income from continuing operations of $1,647,000 on Revenues of $30,510,000 for the fiscal year ended December 31, 2012 as compared to net income from continuing operations of $3,659,000 on Revenues of $32,899,000 for the year ended December 31, 2011.The Company primarily attributes the decrease in net income from continuing operations to a decrease in revenues and shipments for government applications at the Company’s Consumer Products Group. Government procurements are expected to continue to be volatile and result in significant variances in period to period product delivery requirements. The Company continues to expand its capabilities by adding product lines and resources to the Company’s core competencies, invento..." |
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| 11/13/2012 |
8-K
| Quarterly results |
| 08/14/2012 |
8-K
| Quarterly results|
Docs:
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"SERVOTRONICS, INC. ANNOUNCES SECOND QUARTER AND SIX MONTH RESULTS FOR THE PERIODS ENDED JUNE 30, 2012 Elma, NY – Servotronics, Inc. reported net income from continuing operations for the second quarter ended June 30, of $622,000 on revenues of $7,856,000, an increase in net income of approximately $467,000 as compared to net income of $155,000 from continuing operations for the first quarter of 2012. For the second quarter ended June 30, 2011, net income from continuing operations was $729,000 on revenues of $8,147,000. Net income from continuing operations for six month period ended June 30, 2012, was $777,000 on revenues of $16,007,000 as compared to comparable net income for the same period ended June 30, 2011 of $1,211,000 on revenues of $16,191,000. The Company primarily attributes th..." |
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| 05/14/2012 |
8-K
| Quarterly results |
| 03/29/2012 |
8-K
| Form 8-K - Current report |
| 11/08/2011 |
8-K
| Form 8-K - Current report |
| 08/12/2011 |
8-K
| Form 8-K - Current report |
| 05/13/2011 |
8-K
| Form 8-K - Current report |
| 03/30/2011 |
8-K
| Form 8-K - Current report |
| 11/12/2010 |
8-K
| Form 8-K - Current report |
| 08/12/2010 |
8-K
| Form 8-K - Current report |
| 05/14/2010 |
8-K
| Form 8-K - Current report |
| 03/31/2010 |
8-K
| Form 8-K - Current report |
| 11/16/2009 |
8-K/A
| Form 8-K - Current report [amend] |
| 11/13/2009 |
8-K
| Quarterly results |
| 08/13/2009 |
8-K
| Form 8-K - Current report |
| 05/15/2009 |
8-K
| Form 8-K -- Current report |
| 03/30/2009 |
8-K
| Quarterly results|
Docs:
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"[Servotronics, Inc. Letterhead] 1110 Maple Street w P.O. Box 300 w Elma, New York 14059-0300 w 716-655-5990 w FAX 716-655-6012 March 27, 2009 SERVOTRONICS, INC. REPORTS RECORD YEAR END INCOME AND REVENUES Elma, NY – Servotronics, Inc. reported an approximate 48.9% increase in net income to $3,055,000 on a $2,792,000 increase in revenues to $34,170,000 for the fiscal year ended December 31, 2008 as compared to net income and revenues for the fiscal year ended December 31, 2007 of $2,052,000 in net income and $31,378,000 in revenues. The Company attributes the increased revenue and net income to increased product shipments at the Company’s Advanced Technology Group and a favorable mix of products and cost containment activities. The Company is composed of two groups – the Advanced Technology..." |
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