The operating profit of the quarter MSEK 28

2019-08-29 14:00

Second quarter

  • Turnover MSEK 441.4 (441.5), no change compared to previous year
  • Operating profit MSEK 28.5 (32.8)
  • Operating margin 6.5 percent (7.4)
  • Net income MSEK 19.0 (24.4)
  • Cash flow from operating activities MSEK -1.8 (30.2)
  • Earnings per share SEK 2.30 kr (3.14)
  • New CEO and President, Fredrik Zöögling, entering in January at the latest

First six months

  • Turnover MSEK 884.7 (849.7), up 4 percent compared to previous year
  • Operating profit MSEK 64.1 (67.3)
  • Operating margin 7.2 percent (7.9)
  • Net income MSEK 44.6 (50.2)
  • Cash flow from operating activities MSEK -56.2 (59.2)
  • Earnings per share SEK 5.66 kr (6.46)

Per Owe Isacson, acting CEO and President of ProfilGruppen, comments:
”The result for the first quarter is lower than our target, mainly caused by lower volume than we assessed.  
A new IT-system was started during the quarter and the implementation in total went according to plan. The work with our new extruding plant for increased capacity is also proceeding as planned. With dedicated employees our work with strong focus on customer benefit and internal efficiency continues.”

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For more information, please contact:
Per Owe Isacson, acting CEO and President
Mobile: +46 (0)70-349 57 60
E-mail: perowe.isacson@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 Owe Isacson for publication on August 29, 2019 at 14:00 CET.

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The operating profit of the quarter MSEK 28