Interim report January-September 2017
The Group delivered a varied performance during the quarter. Lesjöfors and Beijer Tech continued to display stable growth in volumes and earnings, while Habia reported a weaker trend.
Generally speaking, demand was favorable in most geographic markets and industries. Lesjöfors’s Chassis Springs business area and Habia’s Telecom business area continued to report higher volumes and deliveries to the engineering industry than in the preceding year.
Invoicing rose 5 percent to MSEK 880 (840) during the third quarter. Adjusted for exchange rates and corporate acquisitions, the increase was 4 percent. Order bookings amounted to MSEK 912 (818), up 11 percent.
Earnings continued to improve for Lesjöfors and Beijer Tech. Within Habia, price pressure in the telecom segment and lower volumes to the nuclear power industry resulted in weaker margins. Profit before tax for the third quarter totaled MSEK 110 (109). Earnings per share amounted to SEK 2.73 (2.75). Cash flow after capital expenditures totaled MSEK 156 (53).
Invoicing during the January to September period amounted to MSEK 3,003 (2,640), up 14 percent. Adjusted for exchange rates and corporate acquisitions, the increase was 11 percent. Order bookings rose 15 percent to MSEK 3,024 (2,633). Profit before tax, which was charged with nonrecurring costs of MSEK 16, totaled MSEK 394 (334). Earnings per share amounted to SEK 9.82 (8.40).
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Bertil Persson, President and CEO, Telephone 46 8 506 427 50, email@example.com
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This information is information that Beijer Alma AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 09:00 a.m. on October 26, 2017.
Beijer Alma AB (publ) is an international industrial group that focuses on component production and industrial supplies. The Group includes Lesjöfors, one of Europe’s largest spring manufacturers, Habia Cable, one of Europe’s largest manufacturers of custom-designed cables and Beijer Tech, with strong positions in industrial supplies in the Nordic region. Beijer Alma is listed on NASDAQ OMX Stockholm Mid Cap.
Beijer Alma AB (publ)
Dragarbrunnsgatan 45, Box 1747, SE-751 47 Uppsala, Sweden. Telephone 46 18 15 71 60. Fax 46 18 15 89 87.
Registered office: Uppsala. Corp. Reg. No: 556229-7480. www.beijeralma.se