The build up of a new production facililty is started

2018-10-23 14:00

Third quarter

  • Turnover MSEK 354.3 (314.1), up 13 percent compared to previous year
  • Operating profit MSEK 22.4 (20.7)
  • Operating margin 6.3 percent (6.6)
  • Net income MSEK 16.2 (15.2)
  • Cash flow from operating activities MSEK 16.6 (48.2)
  • Earnings per share SEK 2.29 kr (1.87)

First nine months

  • Turnover MSEK 1 204.0 (1 015.6), up 19 percent compared to previous year
  • Operating profit MSEK 89.7 (79.1)
  • Operating margin 7.5 percent (7.8)
  • Net income MSEK 66.4 (58.8)
  • Cash flow from operating activities MSEK 75.8 (60.9)
  • Earnings per share SEK 8.75 kr (7.31)
  • Decision to invest MSEK 310 in new extrusion plant for increased capacity

Per Thorsell, CEO of ProfilGruppen, comments:
”We deliver a strong quarterly result in the base, but the result is burdened by disruptions in our new production facility in the subsidary PG&WIP. The positive news are that we during the quarter have solved the problems in process and quality that have arised and that the production now is successfully ramped up to produce according to plan in the end of the fourth quarter.
I think that all parts in the organization are doing a strong work and are continuously developing to create an even better customer benefit and effectiveness. Meanwhile the work with our new extrusion facility goes according to plan and even more strengthens the power and amibiton throughout the organization.”

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For more information, please contact:
Per Thorsell, CEO
Mobile: +46 (0)70-240 78 40
E-mail: per.thorsell@profilgruppen.se                        
 
Ulrika Bergmo Sköld, CFO 
Mobile: +46 (0)73-230 05 98
E-mail: ulrika.bergmo.skold@profilgruppen.se

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ProfilGruppen is a supplier of customised aluminium extrusions and components. Current information and photographs for free publication are available at www.profilgruppen.se

This information is of the type that ProfilGruppen AB (publ) is obligated to disclose in accordance with the Market Abuse Regulation and Nasdaq Stockholm:s regulation for issuers.  The information was issued through Per Thorsell for publication on October 23, 2018 at 14:00 a.m. CET.