Beijer Alma interim report Q3 2019
Acquisitions fueled growth during a quarter with varying demandGroup
Demand from Beijer Alma’s customers varied during the third quarter. The rate of activity in the defense, engineering and offshore industries, for example, remained high. The automotive industry – with respect to both manufacturing and the aftermarket – has slowed over the past year, but stabilized toward the end of the quarter.
In organic terms, order bookings decreased marginally, while net revenues increased slightly. As a result of acquisitions, favorable growth was achieved. Earnings trends varied between the