Significant improvement of the quarterly operating profit compared to 2015

Second quarter

• Turnover MSEK 303.9 (269.5), up 13 percent compared to previous year
• Operating profit MSEK 19.3 (11.1), up 74 percent compared to previous year
• Net income MSEK 14.2 (7.5)
• Cash flow from ongoing operations MSEK 45.3 (14.0)
• Earnings per share SEK 1.84 (1.01)

First six months

• Turnover MSEK 564.5 (525.9), up 7 percent compared to previous year
• Operating profit MSEK 26.4 (21.2), up 25 percent compared to previous year
• Net income MSEK 19.0 (14.2)
• Cash flow from current operations MSEK 46.7 (4.1)
• Earnings per share SEK 2.62 (1.92)

Per Thorsell, CEO of ProfilGruppen, comments:

"We are proceeding as planned to improve all areas of the business and strengthen our competitiveness.

Our work is rewarded and we proceed our development in a positive direction in both sales and profitability.

Our subsidiary contributes as planned with a positive result for the second quarter and the volumes will gradually increase.”