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Interim Report First Quarter 2017

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First quarter

  • Net sales increased by 7% to SEK 115.0 (107.4) million. Adjusted to fixed exchange rates, net sales also increased by 7%.
  • Adjusted operating profit increased by 31% to SEK 44.4 (34.0) million.
  • Adjusted profit before tax increased by 43% to SEK 35.3 (24.6) million.
  • In February 2017, Diamorph AB (publ) acquired the final 10% of Diamorph Bearings AB and so today controls 100% of each of its subsidiaries.
  • In March 2017, Diamorph AB (publ) used part of the group’s surplus cash resources to make a voluntary partial repayment of SEK 50 million of its outstanding bond. 
  • Operating profit (as reported under IFRS) increased by 31% to SEK 43.2 (32.9) million.
  • Profit before tax (as reported under IFRS) decreased by 36% to SEK 32.0 (49.8) million.

The full report is attached to this press release and is also available for download at www.diamorph.com.


For additional information, please contact:
Gordon MacLeman, CEO
Telephone: +44 161 955 2410

Mark Hutchison, CFO
Telephone: +44 161 955 2409

The information was submitted for publication on May 23, 2017, at 08:00.


Diamorph supplies advanced material solutions for especially demanding industrial applications. The Company is headquartered in Stockholm and has subsidiaries in the United Kingdom and the Czech Republic. Learn more at www.diamorph.com.

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