BE Group – Sale of property in the Czech Republic

In line with the previously communicated restructuring of our business in the Czech Republic, BE Group has today divested its property in Ostrava, the Czech Republic at a value of 23 MSEK. The sale has a marginal impact on the result but will have a positive cash flow impact and reduce net debt.
 
For further information, please contact:
Daniel Fäldt, CFO
tel.: +46 (0)705-60 31 75          e-mail: daniel.faldt@begroup.com
 
BE Group, which is listed on the Nasdaq Stockholm exchange, is a trading and service company in steel, stainless steel and aluminium. BE Group offers efficient distribution and value-adding production services to customers primarily in the construction and engineering sectors. In 2016, the Group reported BE Group AB | Corp. Reg. No. 556578-4724 Page 2 of 2 sales of SEK 3.9 billion. BE Group has approximately 700 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.

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