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Interim report from ProfilGruppen AB (publ), January 1 – September 30 2014

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Weak, but positive result also in the third quarter

Third quarter

  • New CEO, Per Thorsell, from September 1, 2014.
  • Turnover MSEK 177.6 (172.1), up 3 percent compared to previous year
  • Operating profit MSEK 1.5 (-3.9)
  • Net income MSEK 0.2 (-4.1)
  • Cash flow from operating activities MSEK -1.3 (19.9)
  • Rights issue completed, 40.6 MSEK
  • Earnings per share SEK 0.02 (-0.74)

First nine months

  • Turnover MSEK 600.0 (556.9), up 8 percent compared to previous year
  • Operating profit MSEK 1.8 (-7.5)
  • Net income MSEK 1.4 (-9.0)
  • Cash flow from operating activities MSEK 15.7 (6.3)
  • Earnings per share SEK 0.23 (-1.61)


Per Thorsell, CEO of ProfilGruppen, comments:
” Our focus on market, with higher activity and presence in the market, is getting visible and we have a positive view of the development of new business going forward.

We still suffer from a number of old agreements, which over time have become disadvantageous for us, although the weaker krona contributes in a positive direction. Meanwhile, the situation helps us to set tougher standards for ourselves to become more efficient in the production and supply chain.”

_______________________________________________________

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


Peter Schön, CFO 
Mobile +46 (0)70-339 89 99
peter.schon@profilgruppen.se 

 

ProfilGruppen is a supplier of customised aluminium extrusions and components. For income, financial position, key figures and other facts about the Group, see pages 5-13. 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 Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.
The information was issued for publication on October 28, 2014 at 08:00 a.m. CET

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Interim report ProfilGruppen Aluminium profiles Per Thorsell

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