Ferronordic Machines AB (publ) Interim Report January - June 2017 and updated financial objectives, including dividend policy
Press Release Stockholm, 23 August 2017ANOTHER STRONG QUARTER WITH CONTINUED RAPID GROWTH SECOND QUARTER 2017 · Revenue increased by 94% (57% increase in rubles) to SEK 785m (SEK 405m) · Operating profit increased to SEK 62m (SEK 26m) · Operating margin was 7.9% (6.4%) · EBITDA amounted to SEK 67m (SEK 36m) · The result for the period amounted to SEK 51m (SEK 20m) · Earnings per ordinary share increased to SEK 3.61 (SEK 0.66) · Cash flow from operating activities amounted to SEK 147m (SEK 81m) JANUARY - JUNE 2017 · Revenue increased by 87% (46% increase