Beijer Ref Q3 2016
Weak start of the quarter but gradual improvementNet sales for the third quarter of 2016 increased by 5.4 per cent compared with the corresponding period in the previous year and amounted to SEK 2,461M (2,335). The increase is mainly due to the acquisition of HRP in the United Kingdom and Realcold in Australia/New Zealand. Weak month of July. Organic growth in August and September. Operating profit for the third quarter of 2016 amounted to SEK 173M (181). Profit for the quarter amounted to SEK 117M (121). Profit per share amounted to SEK 2.71 (2.82). Comments by the CEO