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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 acquires DX Por in Portugal The acquisition strengthens Beijer Ref’s presence in Southern Europe

    The Swedish refrigeration wholesale group, Beijer Ref AB, is acquiring the assets of the HVAC distribution company DX Por, which has its head office located in Porto, Portugal. DX Por was established in 2005. The company reports sales of approximately SEK 40 million. DX Por is the main distributor of Toshiba HVAC (Heating, Ventilation, Air Conditioning) in Portugal. The Portuguese market for such products is estimated to be worth nearly SEK 900 million, recovering after 2008 crisis. “The acquisition complements our footprint in the Iberian Peninsula with an entity in Portugal and will

    News release from Beijer Ref

    Beijer Ref announces distribution agreement with Carrier for new direct expansion product ranges in EuropeBeijer Ref AB, one of the world’s leading refrigeration & air-conditioning wholesalers, today announced a distribution agreement with Carrier, the world’s leader in high-technology heating, ventilating and air-conditioning solutions, and a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. According to the terms of the agreement, Beijer Ref has the exclusive rights to distribute Carrier’s updated direct expansion product ranges in the European Union,

    G & L Beijer Q4 2011

    •    Net sales increased by 16 per cent to SEK 5,846.4M (5,044.3). •    Operating profit rose by 26 per cent to SEK 432.5M (344.0). •    Profit for the year increased by 45 per cent to SEK 374.1M (258.7) including a capital gain of SEK 51.7M from the divestment of shares in Beijer Alma. •    Profit per share amounted to SEK 16.98 (18,85). Excluding the capital gain, profit per share amounted to SEK 15.19 (12.25). •    The Board of Directors proposes a dividend of SEK 9.00 (8.00). •    Share split 2:1.  The above relates to the remaining operation G & L Beijer is a

    G & L Beijer divests the manufacturing operation in AIA

    G & L Beijer AB divests its business in the Swedish subsidiary, Asarum Industriaktiebolag (AIA), to the Italian LU-VE Group. At the same time, G & L Beijer enters into a global collaboration agreement with LU-VE to distribute their products. The divestment of AIA is a step forward in G & L Beijer’s strategy to consolidate its operation into distribution of products within refrigeration and air condition. AIA’s main operation is the production of heat exchangers. The company reports sales of SEK 100M and has 75 employees. Approximately 50 per cent of AIA’s sales are made through G & L

    G & L Beijer AB Nine-Month Report January – September 2011

    - Net sales increased by nine per cent to SEK 4,216.3M (3,866.2). - Operating profit rose by 18 per cent to SEK 312.3M (263.8). - Net profit for the period increased to SEK 269.6M (197.6) including the capital gain of SEK 51.7M from the divestment of shares in Beijer Alma. - Profit per share amounted to SEK 12.40 (15.92). Excluding the capital gain, profit per share amounted to SEK 10.60 (9.32). - The acquisition of Toshiba’s distribution operation in eleven European countries was completed after the end of the quarter. - The acquisition of United Refrigeration’s operation in

    Election Committee appointed

    G & L Beijer AB (publ) has appointed an Election Committee with instructions to submit proposals for Board Members, Chairman of the Board of Directors, Chairman of the Annual Meeting and for the remuneration of the Board of Directors and the Auditors to the Annual Meeting of shareholders on 26 April 2012. As in previous years, the Members of the Election Committee have been appointed among the company’s largest owners. The year’s Election Committee has the following Members:Peter Jessen Jürgensen (Chairman of the G & L Beijer Board of Directors)Philippe Delpech (Carrier)Peter

    G & L Beijer AB Six-Month Report January – June 2011

    - Net sales increased by 12 per cent to SEK 2,741.5M (2,455.6). - Operating profit rose by 40 per cent to SEK 197.8M (141.5). - Profit after tax increased to SEK 177.5M (106.2) including the capital gain of SEK 51.7M from the divestment of shares in Beijer Alma. - Profit per share rose to SEK 8.19 (5.01). Excluding the capital gain, profit per share amounted to SEK 6.39 (5.01). - Letter of intent to acquire Toshiba’s distribution operations in eleven European countries. G & L Beijer is a technology-oriented trading Group which, through a combination of added-value agency

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