Profit at the same level as last year

Fourth quarter

• Turnover MSEK 381.9  (414.3)
• Operating profit MSEK 22.7 (24.0)
• Operating margin 5.9 percent (5.8)
• Net income MSEK 18.9 (17.1)
• Cash flow from operating activities MSEK 33.2 (54.0)
• Earnings per share SEK 2.42 kr (2.13)
• New CEO and President, Fredrik Zöögling, entered 7^th of October

Year 2019

• Turnover MSEK 1,622.1 (1,618.3), at the same level as previous year
• Operating profit MSEK 113.2 (113.7)
• Operating margin 7.0 percent (7.0)
• Net income MSEK 80.5 (83.5)
• Cash flow from operating activities MSEK 110.7 (129.8)
• Earnings per share SEK 9.98 kr (10.88)
• The Board is proposing a dividend of SEK 5.00 per share (5.00)

Fredrik Zöögling, CEO and President of ProfilGruppen, comments:

”During the year much of our energy has been put on creating a new platform for future growth. We have built an entirely new extrusion facility and at the same time exchanged the ERP-system, challenges that have affected the whole organization. Simultaneously we achieve  an operating profit at the same level as last year, which is satisfying and shows the great involvement from our employees. Our mission now is to use this new platform as the takeoff for us to the next level”.