Interim report January 1 – September 30 2013, ProfilGruppen AB (publ)

2013-10-25 14:00

Still no effect on earnings from taken measures
Third quarter

  • Turnover MSEK 172.1 (169.9), up 1 percent compared to previous year
  • Operating profit MSEK -3.9 (1.6). Previous year was affected by positive one time items amounting to MSEK 5.7
  • Net income MSEK -4.1 (-0.2)
  • Cash flow from ongoing operations MSEK 19.9 (-4.6)
  • Earnings per share SEK -0.85 (-0.04)

First nine months

  • Turnover MSEK 556.9 (624.3), down 11 percent compared to previous year
  • Operating profit MSEK -7.5 (23.7), after positive one time items amounting to MSEK 0.9 (9.3)
  • Net income MSEK -9.0 (13.2)
  • Cash flow from ongoing operations MSEK 6.3 (20.0)
  • Earnings per share SEK -1.83 (2.67)

Anders Frisinger, President and CEO of ProfilGruppen, comments:
“During the third quarter we have experienced an ongoing low demand for aluminium extrusions in Europe. In order to meet this situation we have chosen to decrease our cost by reducing working hours for the employees during the remainder of the year.
The earlier made reinforcements of the sales organization have not yet given full effect, but a number of new contracts have been signed with deliveries next year.”

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For more information, please contact:
Anders Frisinger, President and CEO
Mobile   46 (0)70-585 12 38
anders.frisinger@profilgruppen.se                        
Peter Schön, CFO 
Mobile 46 (0)70-339 89 99
peter.schon@profilgruppen.se