Continued stable result

Second quarter

  • Turnover MSEK 441.5  (364.3), up 21 percent compared to previous year
  • Operating profit MSEK 32.8 (31.9), previous year’s result includes a capital gain of MSEK 2,9
  • Operating margin 7.4 percent (8.8)
  • Net income MSEK 24.4 (23.8)
  • Cash flow from operating activities MSEK 30.2 (24.0)
  • Earnings per share SEK 3.14 kr (3.01)

First six months

  • Turnover MSEK 849.7 (701.5), up 21 percent compared to previous year
  • Operating profit MSEK 67.3 (58.4), previous year’s result includes a capital gain of MSEK 2,9
  • Operating margin 7.9 percent (8.3)
  • Net income MSEK 50.2 (43.6)
  • Cash flow from operating activities MSEK 59.2 (12.7)
  • Earnings per share SEK 6.46 kr (5.44)
  • Decision to invest MSEK 310 in new extrusion plant for increased capacity

Per Thorsell, CEO of ProfilGruppen, comments:

”We continue to deliver a stable result in the quarter. I think all parts in the organization are doing a strong work and are continously developing to create an even better customer benefit and effectiveness forward.

The work with our new extrusion facility has been started. The decision to invest has been very positively received by both customers and employees.

Meanwhile we are busy with the start up of our new production facility in the subsidiary PG&WIP, which has affected the result negatively.”

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For more information, please contact:
Per Thorsell, CEO
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 17, 2018 at 14:00 a.m. CET.

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ProfilGruppen is a supplier of customised aluminium extrusions and components.

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