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G & L Beijer is a technology-oriented trading Group which, through a combination of added-value agency products and products of the company´s own development, offers competitive solutions for its customers within refrigeration and air conditioning.

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  • BEIJER REF AB
    Stortorget 8 211 34 MALMÖ
    +46-40 35 89 00
    http://www.beijerref.com
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    Beijer Ref AB Q2-2019

    Continued strong growthNet sales increased by 14% in the second quarter compared to the same period last year and amounted to SEK 3,996 million (3,510). Organic growth was 4.4%. The operating profit for the quarter amounted to SEK 373 million (345), an increase of 8% compared with the same period last year. The operating margin was 9.3% (9.8%), of which 0.2% is a positive IFRS 16 effect. Profit for the period totalled SEK 265 million (255). Profit per share amounted to SEK 2.08 (1.98). The company's liquidity is good and unutilised credit amounts to SEK 1427 million (393). With

    Beijer Ref AB Q1-2019

    Continued strong developmentNet Sales increased by 32 per cent in the first quarter compared to the same period last year and amounted to SEK 3,434 million (2,605). Organic growth was 8%. The operating profit for the quarter amounted to SEK 244 million (172), an increase of 42% compared with the same period last year. The operating margin was 7.1% (6.6%), of which 0.2% is a positive IFRS 16 effect. Profit for the period totalled SEK 170 million (121). Profit per share totalled SEK 1.33 (0.92). With effect from 1 January 2019, the company applies IFRS 16 with regard to the group's

    News release from the 2019 Annual Meeting of shareholders of Beijer Ref AB (publ)

    Today, 10 April 2019, Beijer Ref AB (publ) held its Annual Meeting of shareholders for the 2018 financial year. The Annual Meeting approved the submitted profit and loss accounts and balance sheets for the Group and the parent company. The Board Members and the Chief Executive Officer were discharged from liability.   The Annual Meeting endorsed the Board of Directors’ proposal for a dividend of SEK 3,00 per share for the 2018 financial year and that the dividend will be paid out in two installment of SEK 1,50 per share in each installment. The record dates shall be 12 April 2019 and 11

    Annual report 2018

    Beijer Ref´s Annual Report for 2018 is now available on www.beijerref.com. The printed version will be available the first week in April. Malmö, 20 March 2019 Beijer Ref AB (publ) For further information, please contact: Per Bertland, CEO Telephone +46 40-35 89 00 Email pbd@beijerref.com Maria Rydén, CFO Telephone +46 40-35 89 00 Email mrn@beijerref.com  BEIJER REF AB is a technology-oriented trading Group which, through added-value products, offers its customers competitive solutions within refrigeration and climate control. Beijer Ref is one of the largest

    CORRECTION: Annual Meeting of shareholders in Beijer Ref AB (publ)

    The previous English version of this press release stated an incorrect amount of the available profits. The correct amount is SEK 1 433 878 521.The shareholders of Beijer Ref AB (public company), corporate ID no. 556040-8113, are hereby summoned to the Annual General Meeting of the company to be held on Wednesday 10 April 2019 at 3 PM, at Börshuset, Skeppsbron 2, Malmö, Sweden. Registration for the meeting will begin at 2 PM. A. ENTITLEMENT TO PARTICIPATION AND NOTIFICATION Shareholders wishing to attend the AGM must be entered in the share register maintained by Euroclear Sweden

    Annual Meeting of shareholders in Beijer Ref AB (publ)

    The shareholders of Beijer Ref AB (public company), corporate ID no. 556040-8113, are hereby summoned to the Annual General Meeting of the company to be held on Wednesday 10 April 2019 at 15:00, at Börshuset, Skeppsbron 2, Malmö, Sweden. Registration for the meeting will begin at 14:00. A. ENTITLEMENT TO PARTICIPATION AND NOTIFICATION Shareholders wishing to attend the AGM must be entered in the share register maintained by Euroclear Sweden AB on Thursday, 4 April 2019, notify the company of the participation by mail to Beijer Ref AB, Att. Linda Prahl, Stortorget 8, 211 34 Malmö,

    The Election Committee’s proposal for the election of Board Members

    The Election Committee in Beijer Ref AB has decided to put forward the following proposal to the 2019 Annual Meeting of shareholders relating to the number of Board Members and the election of Board Members. The Election committee proposes that the number of Members of the Board of Directors shall be seven. The Election Committee proposes the re-election as Board Members of Bernt Ingman, Joen Magnusson, Peter Jessen Jürgensen, Monica Gimre, Frida Norrbom Sams and William Striebe. In addition, the Election Committee proposes that Chris Nelson is elected as Board Member. Ross B. Shuster

    Beijer Ref AB Q4-2018

    Increased profit and dividendNet sales for the fourth quarter of 2018 increased by 37% compared with the corresponding period in the previous year and totalled SEK 3,293 million (2,401). The operating profit for the fourth quarter of 2018 totalled SEK 229 million (179), an increase of 28% compared with the same period last year. The profit for the period totalled SEK 164 million (146). Profit per share totalled SEK 1.28 (1.13). During the fourth quarter, Beijer Ref AB issued a commercial paper scheme totalling SEK 700 million as part of the company’s existing financing.

    Beijer Ref AB Q3-2018

    Continued strong quarterNet sales for the third quarter of 2018 increased by 41% compared with the corresponding period in the previous year and totalled SEK 3,607 million (2,555). The operating profit for the third quarter of 2018 totalled SEK 339 million (217), an increase of 57% compared with the same period last year. The profit for the period totalled SEK 240 million (149). Profit per share totalled SEK 1.88 (1.16). Beijer Ref AB and Mitsubishi Heavy Industries Air Conditioning Europe LTD completed the formation of the subsidiary 3D Plus in the UK, with Beijer Ref as the

    Election Committee appointed for Beijer Ref AB’s Annual General Meeting 2019

    In accordance with decision by the Annual General Meeting, Beijer Ref Election Committee shall consist of five members. The members should be one representative of each of the four largest shareholders in terms of voting rights that wish to participate in the committee, together with the Chairman of the Beijer Ref Board. This year’s Election Committee consists of the following members: Muriel Makharine (Carrier) Johan Strandberg (SEB Fonder) Arne Lööw (Fjärde AP-fonden) Joen Magnusson (Board member of the Beijer Ref Board of Directors) Bernt Ingman (Chairman of the Beijer

    Beijer Ref acquires leading Spanish air conditioning company

    Beijer Ref AB has acquired Lumelco S.A. The transaction strengthens the Group's position within the HVAC segment in Beijer Ref’s largest region Southern Europe.Lumelco was founded in 1963 and is today one of the leading companies in the sale of air conditioning products with operations in Spain and Portugal. The company focuses on the distribution of leading brands in both the private and professional segments. Lumelco works closely with Mitsubishi Heavy Industries and has exclusive rights to distribute the brand since more than 35 years. Lumelco also has other leading brands in its offer

    Beijer Ref AB Q2-2018

    All in all, our best quarter so far.Net sales for the second quarter of 2018 increased by 32% compared with the corresponding period in the previous year and totalled SEK 3,510 million (2,657). The operating profit for the second quarter of 2018 totalled SEK 345 million (223), an increase of 55% compared with the same period last year. The profit for the period totalled SEK 255 million (154). Profit per share for the quarter was SEK 1.98 (1.19). The acquisition of Heatcraft Australia Pty Ltd is included in the company’s accounts as of 5 May. The acquisition of the French HVAC

    Beijer Ref grows in UK and Ireland together with Mitsubishi Heavy Industries

    On 2 July 2018 Beijer Ref AB and Mitsubishi Heavy Industries Air Conditioning Europe Ltd completed the formation of its joint venture 3D Plus, where Beijer Ref is the majority owner. The new company is now trading under the stewardship of Martin Richards. The 3D Plus head office is in Slough with planned regional offices across the UK and Ireland. Per Bertland, CEO of Beijer Ref, said at the initial announcement in March: “The UK and Ireland markets are important to us and we continuously look at different ways of growing our market share with key partners." Malmö, 11 July 2018

    The Board of Beijer Ref AB has decided to repurchase its own shares

    The Board of Beijer Ref AB (publ) ("Beijer Ref") has, on the basis of the authorization of the Annual General Meeting on April 5, 2018, decided to repurchase its own shares. The purpose of the repurchase is to ensure Beijer Ref's commitments to deliver shares according to Beijer Ref's incentive program for employees 2018/2021. The Board's decision means that repurchases may be made up of a maximum of 621, 000 shares. Repurchases shall be made through Nasdaq Stockholm until next Annual General Meeting at a price within the registered price range recorded at any given time. The Board's

    Beijer Ref acquires French air conditioning distributor GH2C

    The acquisition further strengthens Beijer Ref’s market position in the growing HVAC segment in Southern Europe.The Swedish refrigeration wholesale group, Beijer Ref AB, has entered into an agreement to acquire the assets of the French HVAC distribution company GH2C. GH2C is based in Lyon and also has a sales office in Grenoble. The company is a distributor of the renowned air conditioning brands Daikin and Toshiba in France. GH2C delivers AC units within the professional as well as the residential segment. Reported yearly turnover is approximately SEK 60 million. Sales are made through

    Beijer Ref’s acquisition of Heatcraft Australia has completed

    Beijer Ref has completed the acquisition of the Heatcraft business, a refrigeration wholesaler, in Australia.On March 14, 2018, Beijer Ref announced that a binding agreement was signed to acquire the business of Heatcraft Australia Pty Ltd, owned by Lennox International Inc. The deal also includes a Singapore sales office, a manufacturing unit in China, and more than five percent of the shares in the public company Kulthorn Kirby, a Thai compressor manufacturer. This transaction has now completed, and Beijer Ref is preparing to include Heatcraft Australia in the Group's accounts as of 4

    Change in number of shares and votes in Beijer Ref

    As a result of the share split (3:1) approved by the annual general meeting in Beijer Ref on 5 April 2018, the number of shares in Beijer Ref has increased by 84,956,460. The total number of shares as per 30 April 2018 amounts to 127,434,690 of which 9,918,720 shares of series A and 117,515,970 shares of series B, corresponding to in total 216,703,170 votes. As a result of the share split, the shares in Beijer Ref have changed ISIN codes. The new ISIN code for the series A share is SE0011116490 and the new ISIN code for the series B share is SE0011116508. The share capital of SEK 371,

    Beijer Ref AB Q1-2018

    A good start to the year.Net sales for the first quarter of 2018 increased by 18 per cent compared with the corresponding period in the previous year and amounted to SEK 2,605M (2,218). The operating profit for the first quarter of 2018 amounted to SEK 172M (107), an increase of 61% compared with the same period last year. The profit for the period amounted to SEK 121M (72). Profit per share amounted to SEK 2.77 (1.63). The acquisition of Tecsa (Pty) Ltd in South Africa is included in the company’s accounts as of 1 March 2018. Beijer Ref has been granted exclusive rights to

    Communication from the 2018 Annual General Meeting

    Today, 5 April 2018, Beijer Ref AB (publ) held its Annual General Meeting (AGM) for the 2017 financial year. The AGM adopted the Profit & Loss Statement and Balance Sheet, as well as the Consolidated Profit & Loss Statement and Consolidated Balance Sheet. A discharge from liability was granted to the Board members and the CEO. The 2018 AGM resolved, in accordance with the proposal of the Board of Directors, that the shareholders will receive a dividend of SEK 5.75 per share for the 2017 financial year and that the record date will be 9 April 2018. The distribution is expected to take

    Annual report 2017

    Beijer Ref´s Annual Report for 2017 is now available on www.beijerref.com. The printed version will be available the first week in April. Malmö, 15 March 2018 Beijer Ref AB (publ) For further information, please contact: Per Bertland, CEO Telephone +46 40-35 89 00 Email pbd@beijerref.com Maria Rydén, CFO Telephone +46 40-35 89 00 Email mrn@beijerref.com  BEIJER REF AB is a technology-oriented trading Group which, through added-value products, offers its customers competitive solutions within refrigeration and climate control. Beijer Ref is one of the largest

    Beijer Ref makes major acquisition in Australia

    Beijer Ref has entered into an agreement to acquire the business of Heatcraft Australia Pty Ltd. The deal means that Beijer Ref doubles its sales in the Asia Pacific Region.Malmö, 14 March 2018 Heatcraft, owned by Lennox International Inc, is one of the largest refrigeration wholesalers in Australia and New Zealand. The company also has operations in China and Singapore and supplies refrigeration equipment, refrigerants and spare parts to customers all over Asia. Sales are made through a large distribution network with over 65 branches. In addition to wholesale operations, Heatcraft

    Beijer Ref grows in UK and Ireland together with Mitsubishi Heavy Industries

    A joint venture has been formed between Beijer Ref AB and Mitsubishi Heavy Industries Air-Conditioning Europe, Ltd (MHIAE). The new company is the result of Beijer Ref getting the rights to distribute Mitsubishi Heavy Industries’ air conditioning and heat pump assortment in UK and Ireland.Malmö, 12 March 2018 Beijer Ref is the majority owner of the joint venture, which will be named 3D Plus Limited (3D Plus). The joint venture is an outcome of Beijer Ref’s strategy to work closely with its main suppliers. Besides getting exclusive rights to distribute Mitsubishi Heavy Industries’ (MHI)

    Annual Meeting of shareholders in Beijer Ref AB (publ)

    The shareholders of Beijer REF AB (publ), corporate identification number 556040-8113, are hereby convened to the Annual Meeting on Thursday April 5, 2018, 3 pm, at Börshuset, Skeppsbron 2, Malmö. Registration for the Annual Meeting will start at 2 pm. A. RIGHT TO PARTICIPATE IN THE MEETING Shareholders who wish to participate in the Annual Meeting must be entered in the Register of Shareholders maintained by Euroclear Sweden AB, on Wednesday March 28, 2018; and notify the company of the participation by mail to Beijer Ref AB, Att. Linda Prahl, Stortorget 8,SE-211 34 Malmö,

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