Continued positive growth trend and highest operating margin ever
"Total sales increased by 46 per cent compared with the same period last year, of which 2 per cent was organic. Commercial and industrial cooling/heating and HVAC reported stable development, while OEM continued its strong trend from the first quarter and reported organic growth of 19 per cent. Operating profit (EBITA) amounted to SEK 1 016 million, which is an increase of 64 per cent over the same period last year. Operating margin (EBITA margin) amounted to 11.7 per cent. Overall, sales, profit and operating margin are Beijer Ref’s highest ever in one quarter", says Christopher Norbye,