{"id":1490,"date":"2023-10-17T14:00:00","date_gmt":"2023-10-17T12:00:00","guid":{"rendered":"https:\/\/www.profilgruppen.se\/mfn_news\/strong-third-quarter\/"},"modified":"2023-10-17T14:00:00","modified_gmt":"2023-10-17T12:00:00","slug":"strong-third-quarter","status":"publish","type":"mfn_news","link":"https:\/\/www.profilgruppen.se\/en\/pressmeddelanden\/strong-third-quarter\/","title":{"rendered":"Strong third quarter"},"content":{"rendered":"<div class=\"mfn-body\">\n<p class=\"mfn-wp-retain\"><strong>Third quarter<\/strong><br \/>&bull;Turnover MSEK 534.4 (612.3), down 13 percent compared to previous year<br \/>&bull;Operating profit MSEK 39.2 (28.0) and operating margin 7.6 percent (4.6)<br \/>&bull;Adjusted operating profit MSEK 49.0 (6.5), corresponding to an adjusted operating margin of 9.2 percent (1.1)<br \/>&bull;Total operating profit MSEK 43.4, whereof adjusted operating profit MSEK 49.0 and result of metal positions MSEK -5.6 (relevant comparison is missing due to new structure)<br \/>&bull;Net income MSEK 27.0 (17.1)<br \/>&bull;Cash flow from operating activities MSEK 64.8 (10.5)<br \/>&bull;Earnings per share SEK 3.38 (2.07)<br \/>&bull;Mari Kadowaki took over as new CEO September 1<\/p>\n<p class=\"mfn-wp-retain\">&nbsp;<br \/>&nbsp;<strong>First nine months<\/strong><br \/>&bull;Turnover MSEK 1,890.7 (2,116.8), down 11 percent compared to previous year<br \/>&bull;Operating profit MSEK 134.3 (158.4) and operating margin 7.1 percent (7.5) <br \/>&bull;Adjusted operating profit MSEK 167.5 (110.5), corresponding to an adjusted operating margin of 8.9 percent (5.2)<br \/>&bull;Net income MSEK 85.6 (109.6) <br \/>&bull;Cash flow from operating activities MSEK 317.1 (-26.1), including repayment and suspension of collection in pandemic-related support of MSEK 144.<br \/>&bull;Earnings per share SEK 10.58 kr (14.11) <\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-0992c172bebb\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">For more information, please contact:<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\">Mari Kadowaki, President and CEO<br \/>Mobile: +46 (0) 70-956 80 01<br \/>E-mail:&nbsp;<a href=\"mailto:fredrik.zoogling@profilgruppen.se\" rel=\"noopener\" target=\"_blank\">mari.kadowaki@profilgruppen.se<\/a><br \/>&nbsp;<br \/>Jonny Sandstedt, CFO<br \/>Mobile: +46 (0) 73-415 44 25<br \/>E-mail:&nbsp;jonny.sandstedt<a href=\"mailto:niklas.danielsson@profilgruppen.se\" rel=\"noopener\" target=\"_blank\">@profilgruppen.se<\/a><\/p>\n<p class=\"mfn-wp-retain\">Current information and photographs for free publication are available at&nbsp;<a href=\"http:\/\/www.profilgruppen.se\/\" rel=\"noopener\" target=\"_blank\">www.profilgruppen.se<\/a><\/p>\n<p class=\"mfn-wp-retain\">ProfilGruppen AB in &Aring;seda is a supplier of turnkey customised aluminium components and extrusions. Our vision is that we will be the preferred provider of&nbsp;innovative solutions for aluminium extrusions in northern Europe.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-regulatory mfn-regulatory-mar-vpml\">\n<p class=\"mfn-wp-retain\"><em>This information is information that ProfilGruppen AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-17 14:00 CEST.<\/em><\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">Attachments<\/strong><\/p>\n<hr>\n<p class=\"mfn-wp-retain\"><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/2138071d-4b79-4a9c-9ee6-3bdb668f81da\/profilgruppen-ab-interim-report-q3-2023-strong-third-quarter.pdf\" rel=\"noopener\" target=\"_blank\">ProfilGruppen AB Interim Report Q3 2023 &#8211; Strong third quarter<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment mfn-primary\"><a class=\"mfn-attachment-link\" href=\"https:\/\/storage.mfn.se\/2138071d-4b79-4a9c-9ee6-3bdb668f81da\/profilgruppen-ab-interim-report-q3-2023-strong-third-quarter.pdf\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/2138071d-4b79-4a9c-9ee6-3bdb668f81da\/profilgruppen-ab-interim-report-q3-2023-strong-third-quarter.pdf?type=jpg\"><\/span>ProfilGruppen AB Interim Report Q3 2023 - Strong third quarter<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Third quarter&bull;Turnover MSEK 534.4 (612.3), down 13 percent compared to previous year&bull;Operating profit MSEK 39.2 (28.0) and operating margin 7.6 percent (4.6)&bull;Adjusted operating profit MSEK 49.0 (6.5), corresponding to an adjusted operating margin of 9.2 percent (1.1)&bull;Total operating profit MSEK 43.4, whereof adjusted operating profit MSEK 49.0 and result of metal positions MSEK -5.6 (relevant &#8230; <a title=\"Strong third quarter\" class=\"read-more\" href=\"https:\/\/www.profilgruppen.se\/en\/pressmeddelanden\/strong-third-quarter\/\" aria-label=\"Read more about Strong third quarter\">Read more<\/a><\/p>\n","protected":false},"template":"","mfn-news-tag":[47,61,44,53,94,95,96,97,43,63,52,59,54],"class_list":["post-1490","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-report-interim","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn-cus-aluminium","mfn-news-tag-mfn-cus-aluminiumprofiler","mfn-news-tag-mfn-cus-extrusions","mfn-news-tag-mfn-cus-profilgruppen","mfn-news-tag-mfn","mfn-news-tag-mfn-report-interim-q2","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-regulatory-vpml"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/mfn_news\/1490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/media?parent=1490"}],"wp:term":[{"taxonomy":"mfn-news-tag","embeddable":true,"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/mfn-news-tag?post=1490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}