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  • BE Group AB
    Box 225 201 22 MALMÖ
    +46 40384200
    http://www.begroup.com
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    BE Group’s Annual Report for 2010 published

    The Annual Report for BE Group AB (publ) has been published and is available on the Group’s website, www.begroup.com.In his Message from the President, Roger Johansson says that “BE Group has an attractive offering and we tailor this to our customers’ needs. We have a clear ambition to become one of the leading players in all of our markets.” At the end of 2010 and in the beginning of 2011, the Group made two acquisitions as a part of the strategy to advance BE Group’s position in the value chain. “In 2010, we acquired the Swedish steel construction company, Lecor Stålteknik AB. The

    Positive sales trend and stronger production service offering

    • Net sales during the fourth quarter 2010 amounted to SEK 1,383 M (1,011) – an increase of 37 percent. Shipped tonnage rose by 21 percent and the average sales price by 13 percent.• The operating result for the quarter improved by SEK 25 M to a loss of SEK 8 M (negative 33) and underlying EBITA amounted to SEK 11 M (9).• As a further step in BE Group’s strategy to move forward in the value chain, Lecor Stålteknik was acquired in October.• Roger Johansson became the new President of BE Group effective from January 1, 2011.The President of BE Group, Roger Johansson, made the following

    Earnings improved despite weak ending to the year

    FOURTH QUARTER 2010• Net sales rose by 37 percent compared with the year-earlier period, amounting to SEK 1,383 M (1,011). Shipped tonnage rose by 21 percent.• The operating result improved to a loss of SEK 8 M (33) as a consequence of increased sales and lower inventory losses of SEK 15 M (32). The loss after tax was SEK 18 M (35).• Underlying EBITA1) rose to SEK 11 M (9), while, as in 2009, the underlying EBITA margin amounted to 0.8 percent.• Earnings per share2) were negative in the amount of SEK 0.37 (0.71) and underlying earnings per share2) were negative in the amount of SEK 0.

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