Good profitability and a strong cash flow
"Compared with the same period last year, total sales increased by 42 per cent. Operating profit (EBITA) amounted to SEK 959 million, which is an increase of 54 per cent over the same period last year. Operating margin (EBITA margin) was 11.3 per cent, marking a 90-basis point increase compared to the same period previous year (10.4 per cent). Given the high comparison figures (19 per cent), as well as one fewer sales day, underlying organic sales were slightly negative. However, we noted good margins and a strong cash flow," says CEO Christopher Norbye.
Webcast and Telephone conference Q3 2023
The company invites investors, analysts and the media to attend a combined webcast and telephone conference at which CEO Christopher Norbye and CFO Ulf Berghult will present the interim report for the third quarter of 2023. The presentation will be held in English and lasts for about 20 minutes. The meeting is on October 24, at 10.00 CET.
If you wish to participate via a telephone conference, please register using the following link. After registration, you will receive a phone number, a conference ID and a user ID to log into the conference. During the telephone conference, you will have the opportunity to ask questions.
To follow the live webcast, please register using the following link.
A presentation will be available on the company’s website www.beijerref.com from 08:30 on October 24.
This interim report for Beijer Ref AB (publ) has been submitted following approval by the Board of Directors.
This interim report has been subject to a general review by the company’s auditor.
Malmö, October 24, 2023
Beijer Ref AB (publ)
Christopher Norbye, CEO
For more information, please contact:
Niklas Willstrand
Global Corporate Communications Manager
Telefon 040-35 89 00
E-post nwd@beijerref.com
This disclosure contains information that Beijer Ref AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 24-10-2023 08:30 CET.