Continued profitable growth and decision to increase capacity

Second quarter

  • Turnover MSEK 364.3 (303.9), up 20 percent compared to previous year
  • Operating profit MSEK 31.9 (19.3), after positive one-time effects of MSEK 2.9
  • Operating margin 8.8 percent (6.4), excluding one-time effects 8.0 percent
  • Net income MSEK 23.8 (14.2)
  • Cash flow from operating activities MSEK 24.0 (45.3)
  • Earnings per share SEK 3.01 kr (1.84)

First six months

  • Turnover MSEK 701.5 (564.5), up 24 percent compared to previous year
  • Operating profit MSEK 58.4 (26.4), after positive one-time effects of MSEK 2.9
  • Operating margin 8.3 percent (4.7), excluding one-time effects 7.9 percent
  • Net income MSEK 43.6 (19.0)
  • Cash flow from operating activities MSEK 12.7 (46.7)
  • Earnings per share SEK 5.44 kr (2.62)

Per Thorsell, CEO of ProfilGruppen, comments:

”The profit development creates a good feeling and gives positive feedback to all our employees that our continuous work with improvements through all parts of the business gives effect.

The fact that we now also have made a direction decision to invest in new technology and increased capacity in our facility in Åseda creates even more power to the organisation. It also gives a clear signal to our customers that we want to continue to grow together and develop us in order to satisfy their needs even better. ”

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For more information, please contact:
Per Thorsell, CEO and President
Mobile: +46 (0)70-240 78 40
E-mail: per.thorsell@profilgruppen.se                        

 
Ulrika Bergmo Sköld, CFO 
Mobile: +46 (0)73-230 05 98
E-mail: ulrika.bergmo.skold@profilgruppen.se

_______________________________________________________

ProfilGruppen is a supplier of customised aluminium extrusions and components. Current information and photographs for free publication are available at www.profilgruppen.se

This information is of the type that ProfilGruppen AB (publ) is obligated to disclose in accordance with the Market Abuse Regulation and Nasdaq Stockholm:s regulation for issuers.  The information was issued through Per Thorsell for publication on July 18, 2017 at 14:00 a.m. CET.

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ProfilGruppen is a supplier of customised aluminium extrusions and components.

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