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  • Liselotte Stray

    Head of Group Communications


    +46 76 852 38 11

    • Quotes

    A strong quarter
    Mattias Johansson, CEO and Group President Bravida
    Continued good performance
    CEO and Group President, Mattias Johansson
    Good growth and stable underlying operating margin
    Mattias Johansson, CEO and Group President, Bravida
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    Bravida signs agreement to acquire operations from Östervåla VVS AB

    Bravida has signed an asset transfer agreement with Östervåla VVS AB, thus strenghtening its heating and plumbing operations in the Swedish region of Uppland with 14 new employees.Östervåla VVS was founded in 1977 and has since been offering heating and plumbing installations and service to customers in the Swedish regions of Uppland and Mälardalen. The customer base is mixed and includes for example municipalities, county councils, construction companies and individuals. Bravida has signed an agreement with Östervåla VVS AB to acquire the company’s assets. “We saw a need to strengthen

    Bravida acquires HVAC company in Stockholm

    Bravida acquires AB Venair, thereby strengthening its position in HVAC in the Stockholm area. AB Venair is estimated to have sales of approximately SEK 200 million in 2019.AB Venair is a leading player within HVAC in Stockholm. The company was founded in 1969 and has since been operating mainly in the Stockholm area. AB Venair's specialty is energy-efficient HVAC systems in public, industrial and commercial premises. The company's 11 employees mainly focus on design and project management, while the installation work is carried out by subcontractors. Lars Täuber, Head of Bravida’s

    Bravida acquires Karby VVS – strengthens position in Sigtuna, Märsta and Arlanda

    Bravida has signed an agreement to acquire Karby VVS AB. Through the acquisition, Bravida strengthens its position in plumbing and energy efficient solutions in Sigtuna, Märsta and the Arlanda area.Karby VVS has 14 employees and a turnover of approximately SEK 42 million. The operations focus on new-builds, service and renovation and extension projects within HVAC, energy optimization, smart energy solutions, heat pump installations and solar cell installations for companies and individuals. Johan Brodin, regional manager of Bravida region Uppland, is pleased with the acquisition: “

    Interim report January–March 2019

    Strong growth and solid earnings· Net sales increased by 10% to SEK 5,013 million (4,557) · Organic growth was 5% (1) · The order backlog was 24% higher at SEK 13,474 million (10,825) · EBITA increased by 11% to SEK 251 million (226) · The EBITA margin was 5.0% (5.0) · Profit after tax was SEK 178 million (168) · Basic earnings per share were SEK 0.88 (0.83) and diluted earnings per share were SEK 0.88 (0.83) · Cash flow from operating activities was SEK 414 million (58) · Net debt amounted to SEK 2,115 million (1,841) · Five acquisitions were completed in the

    Bravida installs when Skellefteå municipality builds new eco-friendly cultural center and hotel

    Bravida is commissioned by HENT to perform all installations when Skellefteå municipality builds a new cultural center and hotel. The installations have a total order value of approximately SEK 150 million.Skellefteå municipality is growing and is now investing in a new combined cultural center and hotel, a 20-storey wooden structure. Bravida has been commissioned to carry out all installations, in a collaborative project with the Norwegian construction company HENT. The order is worth approximately SEK 150 million. “The choice fell on Bravida, since we have good experiences from

    Bravida acquires electrical business and becomes end-to-end provider in Örnsköldsvik, Sweden

    Bravida has signed an agreement to acquire A. Bylunds Elektriska AB, an electrical company in Örnsköldsvik, Northern Sweden. The company complements Bravida’s existing offer and makes Bravida an end-to-end provider within electrical, heating & plumbing, and HVAC in the Örnsköldsvik area.A. Bylunds Elektriska AB specialises in service and installation within electrical, telecom, data, and security systems. The company, which was founded in 1991, has 43 employees and a turnover of approximately SEK 40 million.  “The Örnsköldsvik area is a very interesting market, where we have previously

    Interim report October–December 2018

    A strong finish to 2018· Net sales increased by 12% to SEK 5,521 million (4,927) · Organic growth was 4% (6) · The order backlog was SEK 11,992 million (10,271), an increase of 17% · EBITA increased by 12% to SEK 438 million (390) · The EBITA margin was 7.9% (7.9) · Profit after tax was SEK 375 million (320) · Cash flow from operating activities was SEK 807 million (650) · Net debt amounted to SEK -1,365 million (-1,862) · Four acquisitions were completed in the quarter, adding annual sales of approximately SEK 420 million · Basic earnings per share were SEK 1.85 (

    Bravida strengthens electrical market position in Swedish province of Södermanland

    Bravida is acquiring Elbolaget Glödlampan and its subsidiary, Strängnäs Elmän AB, bolstering its position within electricity in the Swedish province of Södermanland. The companies have 18 employees in total and annual sales of approximately SEK 20 million.Elbolaget Glödlampan AB was founded 1992 and operates in the Swedish city of Flen with surroundings, and its subsidiary Strängnäs Elmän AB in Strängnäs with surroundings. The companies offer service, installation and automation, which will supplement Bravida’s local customer offering.“We regard the province of Södermanland as a highly

    Bravida strengthens offering within cooling – acquires service operations from Carrier Refrigeration Sweden

    Bravida is acquiring Carrier Refrigeration Sweden’s service operations in Stockholm, Göteborg and Malmö, bolstering its position within cooling. The business has 37 employees and annual sales of approximately SEK 50 million.Carrier Refrigeration Sweden AB, a part of Carrier Commercial Refrigeration, is world leading within equipment for commercial refrigeration, such as food storage cooling. Bravida is acquiring the Swedish service operations, currently based in Stockholm, Göteborg and Malmö.“Bravida has a strategic goal to become a leading service and installation partner within cooling

    Lars Täuber appointed as new Head of Division Stockholm in Bravida

    Lars Täuber will take over the position as Head of Division Stockholm and take place in Bravida’s Group Management.Lars Täuber will replace Filip Bjurström, who becomes part of the Bravida Group’s Acquisition Team. Lars Täuber will take over as Head of Division on 7th of January 2019. “It feels really good to welcome Lars as Head of Division Stockholm. We place great value on both his leadership skills and his many years of service experience. Bravida aims to grow both organically and through acquisitions, and Lars’ experiences from the industry and the Stockholm market are important to

    Bravida assigned as end-to-end provider for major refurbishment of shopping centre in Uddevalla

    Bravida is assigned by Peab to perform all installations during the renovation of Torp shopping centre in Uddevalla. The assignment has an order value of approximately SEK 100 million.Torp shopping centre will undergo extensive refurbishment where existing spaces will be improved, and 30 new stores and restaurants will be added. Bravida’s assignment includes all installations within electricity, heating & plumbing, ventilation, and automation.   “As soon as we got the assignment from Thorn Property Group, we started connecting with strategic partners. We chose Bravida since we had

    Interim report July–September 2018

    A strong quarter· Net sales increased by 13% to SEK 4,437 million (3,926) · Organic growth was 6% (6) · The order backlog was 1% higher at SEK 10,746 million (10,635) · EBITA increased by 20% to SEK 267 million (223) · The EBITA margin was 6.0% (5.7) · Profit after tax was SEK 202 million (164) · Cash flow from operating activities was SEK -132 million (-144) · Net debt amounted to SEK -2,062 million (-2,515) · Two acquisitions were completed in the quarter, adding annual sales of approximately SEK 86 million · Basic earnings per share were SEK 1.00 (0.81) and

    Invitation to presentation of Bravida’s reportfor the third quarter 2018 on the 6th of November

    Bravida’s report for the third quarter 2018 will be published 07:30 CET on the 6th of November.The report will be presented at 09:30 CET by CEO and Group President Mattias Johansson and CFO Nils-Johan Andersson. The presentation will be held in English and can be followed on the web or over the phone. There will be room for questions. Link to the webcast:https://tv.streamfabriken.com/bravida-q3-2018 Telephone numbers for telephone conference:SE: +46 8 5033 65 63UK: +44 20 3008 9809US: +1 855 831 59 47 The report and the presentation will be available on www.bravida.se/en/

    Interim report April–June 2018

    CONTINUED GOOD PERFORMANCE· Net sales increased by 11% to SEK 4,790 million (4,325) · Organic growth was 4% (0) · The order backlog was 6% higher at SEK 11,139 million (10,493) · EBITA increased by 10% to SEK 280 million (255) · The EBITA margin was 5.9% (5.9) · Adjusted EBITA was SEK 280 million (263) · The adjusted EBITA margin was 5.9% (6.1) · Profit after tax was SEK 212 million (186) · Cash flow from operating activities was SEK 319 million (150) · Net debt amounted to SEK -1,896 million (-2,343) · Three acquisitions were completed in the quarter, adding

    Bravida strengthens its position within electricity in the region of Mälardalen

    Bravida acquires Sala elektriska and establishes a stronger position within electricity in Mälardalen – a region of strong growth. The acquired business offers services in both service and installation.Sala elektriska was founded in 1999 and has operations in Sala with surroundings. The company has 18 employees and a turnover of approximately SEK 20 million. – We see Mälardalen as a very interesting market where Bravida today is represented in electricity, HVAC and ventilation. We will strengthen our business further through the acquisition of Sala elektriska and will be able to meet

    Bravida grows within cooling – acquires Inomhusklimat i Stockholm AB

    Bravida acquires Inomhusklimat i Stockholm AB and strengthen its position within cooling in the Stockholm area. The company has 12 employees and a turnover of approximately SEK 30 million.Inomhusklimat i Stockholm AB was founded in 1988 and operates in Stockholm with surroundings. The company offers services within service, maintenance and installation of all types of cooling systems for industries and other buildings. – Through the acquisition, Bravida strengthens its position within cooling technology in the expansive Stockholm area. Today, Bravida is one of the Swedish market leaders

    Interim report October–December 2017

    A STRONG QUARTER TO END OUR BEST EVER YEAR· Net sales increased by 15% to SEK 4,927 million (4,277) · Organic growth was 6% (4) · The order backlog was 19% higher at SEK 10,271 million (8,644) · Operating profit increased by 10% to SEK 389 million (353) · The operating margin was 7.9% (8.3) · Profit after tax was SEK 320 million (255) · Cash flow from operating activities was SEK 650 million (415) · Net debt amounted to SEK 1,862 million (2,417) · One acquisition was made in the quarter, adding annual sales of SEK 10 million · Basic earnings per share were SEK 1.

    Bravida joins the developing of the tallest building in the Nordics

    The building of Karlastaden and Karlatornet in Gothenburg has just started. The tower, Karlatornet, will be the tallest building in the Nordics. In cooperation with the Builder, Serneke, Bravida is responsible for the projecting, calculation and planning of all installations in the tower.This agreement covers Phase 2, the projecting phase of the tower, Karlatornet. The intention of this cooperation is that it will lead to Bravida getting the responsibility of implementing all the installations in the tower.   – The building of Karlatornet is a challenging and unique project which we look

    Bravida lands large framework agreement with Swedavia

    Bravida strengthens its relationship with Swedavia and signs a framework agreement covering service and smaller installation work at nine of Sweden's airports.Bravida has a long relationship with Swedavia and has for many years delivered service and installations to airports in Sweden. Now, Bravida has been commissioned to deliver solutions for HVAC, heating and plumbing, sprinklers, electricity, telecommunications and data to nine of the country's airports. – We look forward to be a strategic partner to Swedavia. We have through Bravidas large network, a strong local presence which

    Interim report July–September 2017

    July–September 2017  · Net sales increased by 19% to SEK 3,926 million (3,289) · Organic growth was 6% (-4) · The order backlog was 25% higher at SEK 10,635 million (8,475) · Operating profit increased by 17% to SEK 222 million (189) · The operating margin was 5.7% (5.8) · Adjusted operating profit was SEK 222 million (200)  · The adjusted operating margin was 5.7% (6.1) · Profit after tax was SEK 164 million (133) · Cash flow from operating activities was SEK -144 million (-57) · Net debt amounted to SEK 2,515 million (2,783) · One acquisition was made in

    Invitation to presentation of Bravida’s report for the third quarter 2017 on the 10th of November

    Bravida’s report for the third quarter 2017 will be published 07:30 CET on the 10th of November.The report will be presented at 09:30 CET by CEO and Group President Mattias Johansson and CFO Nils-Johan Andersson. The presentation will be held in English and can be followed on the web or over the phone. There will be room for questions. Link to the webcast:https://tv.streamfabriken.com/bravida-q3-2017 Telephone numbers for telephone conference:SE: +46 8 5664 2690UK: +44 20 3008 9807US: +1 85 5831 5947 The report and the presentation will be available on www.bravida.se/en/

    Bravida performs energy efficient installations in Kiruna's new cultural center

    The move of Kiruna’s city center is progressing since two years. Now, Kiruna’s new cultural center is about to be built, which will be the start of the new city center’s second quarter. Bravida is commissioned by Peab to perform all installations in the new cultural center at an order value of approximately SEK 56 million.A second quarter in Kiruna's new city center is now being established. It will include a library, a cinema and restaurants as well as the new cultural center. Bravida has been appointed to perform the turnkey contract of the cultural center, which includes installations

    Interim report April–June 2017

    April–June 2017 · Net sales increased by 14% to SEK 4,325 million (3,800) · Organic growth was 0% (0) · The order backlog increased by 32% to SEK 10,493 million (7,972) · Operating profit increased by 12% to SEK 253 million (227) · The operating margin was 5.8% (6.0) · Adjusted operating profit was SEK 261 million (227) · The adjusted operating margin was 6.0% (6.0) · Profit after tax was SEK 186 million (163) · Cash flow from operating activities was SEK 150 million (57) · Net debt amounted to SEK 2,343 million (2,577) · Two acquisitions were completed in

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