Record quarter with positive organic growth and strong profitability

"After a stable start to the year, we reported a good performance in the second quarter. This resulted in our best quarter ever, with record profitability. The group's total sales amounted to SEK 9,681 million, which corresponds to an increase of 12 per cent. Both EBITA and EBITA margin performed well, with a result of SEK 1,148 million (corresponding to an increase of 13 per cent) and 11.9 per cent respectively. Organic sales increased by 2 per cent over the period. We reported a positive operating cash flow of SEK 354 million (-196), despite negative seasonal effects,” says CEO Chritopher Norbye.

Webcast and Telephone conference Q2 2024
The company invites investors, analysts and the media to attend a combined webcast and telephone conference at which CEO Christopher Norbye and CFO Joel Davidsson will present the interim report for the second quarter of 2024. The presentation will be held in english and lasts for about 20 minutes. The meeting is on July 19, at 10.00 CET.

If you wish to participate via webcast, please use the following link: https://ir.financialhearings.com/beijer-ref-q2-report-2024/register

If you wish to participate via teleconference, please register on the below link: https://conference.financialhearings.com/teleconference/?id=50049043

After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.

A presentation will be available on the company’s website www.beijerref.com from 08.30 on July 19, 2024.

This interim report has not been the subject of examination by the Company’s Auditors.

The Board of Directors and the CEO assure that the six-month report provides a fair overview of the operations, position and results of the Group and Parent Company, and describes material risks and uncertainties faced by the Parent Company and the companies that are included in the Group.

Media contact:
Niklas Willstrand
Director of Global Communications
Telephone 040-35 89 00
Email nwd@beijerref.com

IR
Joel Davidsson
CFO
Telephone 040-35 89 00
Email jdn@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) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 19-07-2024 08:30 CET.