{"id":1597,"date":"2020-02-11T14:00:00","date_gmt":"2020-02-11T13:00:00","guid":{"rendered":"https:\/\/www.profilgruppen.se\/mfn_news\/profit-at-the-same-level-as-last-year\/"},"modified":"2020-02-11T14:00:00","modified_gmt":"2020-02-11T13:00:00","slug":"profit-at-the-same-level-as-last-year","status":"publish","type":"mfn_news","link":"https:\/\/www.profilgruppen.se\/en\/pressmeddelanden\/profit-at-the-same-level-as-last-year\/","title":{"rendered":"Profit at the same level as last year"},"content":{"rendered":"<p class=\"mfn-wp-retain\"><strong><span><span>Fourth quarter<\/span><\/span><\/strong><\/p>\n<ul>\n<li><span><span>Turnover MSEK 381.9 &nbsp;(414.3)<\/span><\/span><\/li>\n<li><span><span>Operating profit MSEK 22.7 (24.0) <\/span><\/span><\/li>\n<li><span><span>Operating margin 5.9 percent (5.8)<\/span><\/span><\/li>\n<li><span><span>Net income MSEK 18.9 (17.1)<\/span><\/span><\/li>\n<li><span><span>Cash flow from operating activities MSEK 33.2 (54.0) <\/span><\/span><\/li>\n<li><span><span>Earnings per share SEK 2.42 kr (2.13)<\/span><\/span><\/li>\n<li><span><span>New CEO and President, Fredrik Z&ouml;&ouml;gling, entered 7<sup>th<\/sup> of October<\/span><\/span><\/li>\n<\/ul>\n<p class=\"mfn-wp-retain\"><strong><span><span>Year 2019<\/span><\/span><\/strong><\/p>\n<ul>\n<li><span><span>Turnover MSEK 1,622.1 (1,618.3), at the same level as previous year <\/span><\/span><\/li>\n<li><span><span>Operating profit MSEK 113.2 (113.7)<\/span><\/span><\/li>\n<li><span><span>Operating margin 7.0 percent (7.0)<\/span><\/span><\/li>\n<li><span><span>Net income MSEK 80.5 (83.5)<\/span><\/span><\/li>\n<li><span><span>Cash flow from operating activities MSEK 110.7 (129.8) <\/span><\/span><\/li>\n<li><span><span>Earnings per share SEK 9.98 kr (10.88)<\/span><\/span><\/li>\n<li><span><span>The Board is proposing a dividend of SEK 5.00 per share (5.00)<\/span><\/span><\/li>\n<\/ul>\n<p class=\"mfn-wp-retain\"><strong><span><span>Fredrik Z&ouml;&ouml;gling, CEO and President of ProfilGruppen, comments:<\/span><\/span><\/strong><\/p>\n<p class=\"mfn-wp-retain\"><span><span><em>&rdquo;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 &nbsp;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&rdquo;.<\/em><\/span><\/span><\/p>\n<div class=\"mfn-footer\">\n<p class=\"mfn-wp-retain\"><span><span>_______________________________________________________ <\/span><\/span><\/p>\n<p class=\"mfn-wp-retain\"><span><strong><span>For more information, please contact: <\/span><\/strong><\/span><br \/>\n<span><span>Fredrik Z&ouml;&ouml;gling, President and CEO<\/span><\/span><br \/>\n<span><span>Mobile: +<\/span><\/span><span><span>46 (0)70-932 16 50<\/span><\/span><br \/>\n<span><span>E-mail: <a href=\"mailto:fredrik.zoogling@profilgruppen.se\" rel=\"nofollow\">fredrik.zoogling@profilgruppen.se<\/a> &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/p>\n<p class=\"mfn-wp-retain\">&nbsp;<br \/>\n<span><span>Ulrika Bergmo Sk&ouml;ld, CFO&nbsp;<br \/>\nMobile: +46 (0)73-230 05 98<br \/>\nE-mail: ulrika.bergmo.skold@profilgruppen.se<\/span><\/span><\/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:\/\/mb.cision.com\/Main\/2130\/3032808\/1191994.pdf\" rel=\"noopener\" target=\"_blank\">Release<\/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\/proxy\/release.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F2130%2F3032808%2F1191994.pdf\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/release.pdf?url=https%3A%2F%2Fmb.cision.com%2FMain%2F2130%2F3032808%2F1191994.pdf&type=jpg\"><\/span>Release<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Fourth quarter Turnover MSEK 381.9 &nbsp;(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 Z&ouml;&ouml;gling, entered 7th of October Year 2019 Turnover MSEK 1,622.1 (1,618.3), at the same &#8230; <a title=\"Profit at the same level as last year\" class=\"read-more\" href=\"https:\/\/www.profilgruppen.se\/en\/pressmeddelanden\/profit-at-the-same-level-as-last-year\/\" aria-label=\"Read more about Profit at the same level as last year\">Read more<\/a><\/p>\n","protected":false},"template":"","mfn-news-tag":[47,61,44,53,43,52,59,65],"class_list":["post-1597","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","mfn-news-tag-mfn-regulatory","mfn-news-tag-mfn-report","mfn-news-tag-mfn-report-interim-q4"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/mfn_news\/1597","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=1597"}],"wp:term":[{"taxonomy":"mfn-news-tag","embeddable":true,"href":"https:\/\/www.profilgruppen.se\/en\/wp-json\/wp\/v2\/mfn-news-tag?post=1597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}