Ferronordic Machines AB (publ) Interim Report January - March 2016
Press Release Stockholm, 19 May 2016STRONG QUARTER DESPITE CONTINUOUS FALLING MARKET · Revenue increased by 23% (43% in rubles) to SEK 309.6m (SEK 252.4m) · Operating profit amounted to SEK 17.1m (SEK -12.4m) · Operating margin was 5.5% (-4.9%) · EBITDA increased to SEK 26.6m (SEK 7.3m) · The after-tax result increased to SEK 14.3m (SEK -11.0m) · Earnings per ordinary share amounted to SEK 0.18 (SEK -2.35) · Cash flow from operating activities amounted to SEK 43.1m (SEK 29.6m) SEK M First quarter2016 First quarter 2015Revenue 309.