Continued stable result

Second quarter

• Turnover MSEK 441.5  (364.3), up 21 percent compared to previous year
• Operating profit MSEK 32.8 (31.9), previous year’s result includes a capital gain of MSEK 2,9
• Operating margin 7.4 percent (8.8)
• Net income MSEK 24.4 (23.8)
• Cash flow from operating activities MSEK 30.2 (24.0)
• Earnings per share SEK 3.14 kr (3.01)
  

First six months

• Turnover MSEK 849.7 (701.5), up 21 percent compared to previous year
• Operating profit MSEK 67.3 (58.4), previous year’s result includes a capital gain of MSEK 2,9
• Operating margin 7.9 percent (8.3)
• Net income MSEK 50.2 (43.6)
• Cash flow from operating activities MSEK 59.2 (12.7)
• Earnings per share SEK 6.46 kr (5.44)
• Decision to invest MSEK 310 in new extrusion plant for increased capacity

Per Thorsell, CEO of ProfilGruppen, comments:

”We continue to deliver a stable result in the quarter. I think all parts in the organization are doing a strong work and are continously developing to create an even better customer benefit and effectiveness forward.

The work with our new extrusion facility has been started. The decision to invest has been very positively received by both customers and employees.

Meanwhile we are busy with the start up of our new production facility in the subsidiary PG&WIP, which has affected the result negatively.”