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  • Liselotte Stray

    Head of Group Communications


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    • 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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    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 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

    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

    Bravida strengthens offering in Blekinge – acquires process piping company

    Bravida acquires Karlshamns Rörmontage, bolstering its market position within heating and plumbing in Blekinge. The company has 12 employees and annual sales of approximately SEK 20 million.Karlshamns Rörmontage offers service and installations for heating and plumbing solutions, mainly to the petroleum and processing industry. The company is located in Karlshamn but operates all over Sweden for different clients.“The acquisition further strengthens our heating and plumbing offering in Blekinge. In addition, we will gain more specialist competences within the processing industry – a field

    Bravida strengthens offering in Skåne – acquires strong player within electrical

    Bravida is acquiring Lindsténs Elektriska AB, bolstering its market position within electrical in the south of Skåne in southern Sweden. The company has 137 employees and annual sales of approximately SEK 200 million.Lindsténs Elektiska offers service, installations and automation, mainly to construction companies, municipalities and industries. The company's establishments are located in Tomelilla, Ystad, Simrishamn, Lund and Landskrona, all in the Swedish region of Skåne.“The acquisition further strengthens our electrical offering in Lund and Landskrona. In addition, we will become the

    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 expands in Danish Skanderborg

    Bravida Denmark has signed an agreement to acquire P. Hermansen A/S, a heating, ventilation and sanitation company active in Skanderborg, eastern Jutland. In the Skanderborg region, P. Hermansen is the leading company in its market, both within service and installation.The company performs installation projects as well as smaller service assignments for both companies and private customers. It has long relationships with a number of the region’s larger customers and the order backlog going forward is stable. The company employs 38 people. During the last year P. Hermansen had a turnover of

    Interim report January–March 2018

    • Net sales increased by 11% to SEK 4,557 million (4,115)• Organic growth was 1% (12)• The order backlog was 20% higher at SEK 10,825 million (9,000)• EBITA increased by 7% to SEK 226 million (211)• The EBITA margin was 5.0% (5.1)• Profit after tax was SEK 168 million (151)• Cash flow from operating activities was SEK 58 million (381)• Net debt amounted to SEK 1,841 million (2,058)• Three acquisitions were completed in the quarter, adding annual sales of approximately SEK 232 million• Basic earnings per share were SEK 0.83 (0.75) and diluted earnings per share were SEK 0.

    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

    Bravida’s Annual Report 2017 is published

    Bravida Holding AB’s Annual Report 2017 has been published in Swedish and is available at the corporate website: http://www.bravida.se/finansiella-rapporter/– In 2017, Bravida delivered a strong organic growth and high profitability across its business. We also made several acquisitions, of which Norway-based Oras was the most important. Bravida begins 2018 with a growing market and high pace of activity in the organisation. Access to potential acquisitions at reasonable price levels remains good, says Mattias Johansson in his CEO-message in the Annual Report. Shareholders and other

    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

    Bravida expands in Norway – acquires leading player within heating & plumbing and HVAC

    Bravida acquires Oras, the leading installations and service company within heating & plumbing and HVAC in Norway. The acquisition makes Bravida the market leading integrated supplier in installation and service in the Norwegian market.Oras has more than 700 employees and a total turnover equivalent to approximately SEK 1,200 million. With ten heating & plumbing and HVAC branches,  the company has presence throughout Norway. Its head office is located in Oslo. Sellers are Heidenreich Holding AS.                   – Growth within heating & plumbing and HVAC in the Norwegian market has

    Bravida gathers specialist areas in a new division

    Bravida in Sweden is forming a new, national division for the technology areas security, cooling, sprinklers, technical service management and power supply. The purpose is to develop the growth potential and synergies in these areas.Until now, Bravida’s core business has included electrical, heating & plumbing, and HVAC. Now, the company is gathering its specialities into a separate division to make them a more clearly defined and larger part of the customer offering. – Bravida has a clear ambition of strengthening our offering as a multi-technical service provider for our customers. We

    Bravida wins multi-year service contract for SISAB

    Bravida strengthens its relationship with SISAB (School Properties in Stockholm) and has entered a service agreement for heating, plumbing and HVAC systems. The contract will lead to around ten new full-time jobs at Bravida’s department for technical service management, Bravida TSM.According to an earlier contract, Bravida TSM is already responsible for maintenance and repairs in SISAB:s properties, which includes premises for education of children and adolescents. In the new agreement, Bravida will assist in the maintenance of another 90 schools and 230 pre-schools. – Together with

    Bravida wins Great Belt Bridge service agreement

    Bravida has signed a general agreement with Sund & Bælt A/S, concerning the service and maintenance of electrical installations, automation, cooling, pumps and HVAC systems at the Great Belt ridge, which runs between two of Denmark’s largest islands. The general agreement, with a total value of approximately SEK 75.7 million, is valid for two years, with the option of extension for another two years.During the construction of the bridge, Bravida was responsible for the electric installations, both in the tunnel and on the bridge itself. Also, Bravida was the sub-contractor within several

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