Completed rights issue in July and a small but positive result for the second quarter
Second quarter
- Turnover MSEK 219.7 (205.0), up 7 percent compared to previous year
- Operating profit MSEK 2.6 (0.9)
- Net income MSEK 0.7 (-0.4)
- Cash flow from operating activities MSEK 13.2 (-7.8)
- Earnings per share SEK 0.15 (-0.08)
First sixth months
- Turnover MSEK 422.4 (384.8), up 10 percent compared to previous year
- Operating profit MSEK 0.3 (-3.6)
- Net income MSEK 1.2 (-4.9)
- Cash flow from operating activities MSEK 17.0 (-13.6)
- Earnings per share SEK 0.25 (-0.99)
Kåre Wetterberg, acting CEO of ProfilGruppen, comments:
“The reinforcement of the sales organisation is beginning to materialise into increased volumes. This in combination with a weaker SEK influences the result positively. The rights issue was oversubscribed which I consider as a sign of the owners confidence in the company. We still have a number of old agreements, which over time, has become disadvantageous for us and therefore influence the result negatively.”