Gunnebo Industrier Holding AB (publ) Interim financial report January – December 2017

Report this content

Q4 2017 
Order intake amounted to SEK 222 (210) million, an increase of 5,4%.
Revenue amounted to SEK 208 (195) million, an increase of 7,1%.
Operating profit before depreciation and amortization (EBITDA) was SEK 19 (17) million.
Operating profit (EBIT) was SEK 12 (9) million.

Period 1 January – 31 December 2017
Order intake amounted to SEK 875 (794) million, an increase of 10,3%.
Revenue amounted to SEK 862 (796) million, an increase of 8,3%.
Operating profit before depreciation and amortization (EBITDA) was SEK 89 (82) million.
Operating profit (EBIT) was SEK 59 (49) million.

CEO’s comments on Q4 
Components, Chain & Shackles
The positive order intake trend continued in key markets. The order intake increased by 3,1% to MSEK 181 (176).
The growth in order intake in the US continued in Q4 as a direct result of implemented growth initiatives.
The global market demand from the Oil & Gas industry is still on a low level.

Blocks & Sheaves
The order intake trend within Blocks & Sheaves turned positive during Q4 with an increase of 17,2% to MSEK 40 (34).
The order intake in local currency increased 30,0% to MUSD 4,9 (3,7).

Complete interim report
The complete interim report of Gunnebo Industrier Holding AB (publ) for the period January – December 2017
may be downloaded from the company’s website (www.gunneboindustries.se)

For further information, please contact: Kristian Gylling, Group CFO, +46 (0) 722 042 260,
kristian.gylling@gunneboindustries.com.

This information
The information in this press release is information that Gunnebo Industrier Holding AB (publ) is required to make public
pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act (2007:528). The information was
provided by the contact person above on 28 February 2018 at 12:00 CET.

  

Gunnebo Industries is global leader in innovating, developing, manufacturing and selling products for material handling
and other related applications. We supply the market with products such as blocks, sheaves, components for chain-
and wire rope slings, shackles and chain, produced in Sweden, Norway and USA. We have 10 sales offices covering
every continent, as well as partners and distributors in additional 50 countries, making our products available no matter
where in the world they are needed. The quality of our products and expertise ensures a safe and efficient operation,
every time during all circumstances. 

Tags: