BE Group publishes the Annual Report for 2016

BE Group’s Annual Report for 2016 in English, has now been published and is available on the Group’s website, www.begroup.com.
 
In his CEO-statement, Anders Martinsson comments that “When we summarize 2016, we can see that many changes were made and that a stronger base to build our future on has been created. After intensive efforts during the year and with several challenging years behind us, we now look at the future with optimism and great curiosity. Our journey has just begun."
 
In the outlook for 2016, Anders Martinsson, says: “Efforts to improve the Group´s performance continue in many areas. In our main markets we believe in a somewhat growing market in 2017. The price increase for steel products that we have seen during the year has provided a more sustainable situation. Current trade barriers, as well as anticipated future ones, make the market more regional, which should lead to a more stable price development. We are continuing to work according to plan and market conditions are, after several years of negative growth, now brighter.”

For further information, please contact:
Anders Martinsson, President and CEO
tel.: +46 (0)706-21 02 22           e-mail: anders.martinsson@begroup.com
 
Daniel Fäldt, CFO
tel.: +46 (0)705-60 31 75           e-mail: daniel.faldt@begroup.com

This information is information that BE Group AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 09:00 CET on April 6 2017.

BE Group, listed on Nasdaq Stockholm, 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 sales of SEK 3.9 billion. BE Group has about 730 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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