Beijer Ref AB Q1-2019
Continued strong developmentNet Sales increased by 32 per cent in the first quarter compared to the same period last year and amounted to SEK 3,434 million (2,605). Organic growth was 8%. The operating profit for the quarter amounted to SEK 244 million (172), an increase of 42% compared with the same period last year. The operating margin was 7.1% (6.6%), of which 0.2% is a positive IFRS 16 effect. Profit for the period totalled SEK 170 million (121). Profit per share totalled SEK 1.33 (0.92). With effect from 1 January 2019, the company applies IFRS 16 with regard to the group's