HANZA continues to develop strongly in the second quarter

HANZA AB (publ) expects sales for the second quarter to exceed SEK 850 million (634) with an operating profit of over SEK 50 million (40.4).

Despite continued material shortages, HANZA expects the second quarter to develop strongly. This is due to a combination of high demand and a successful expansion program that will be completed in the current year.

Analysts who follow the company estimate on average that sales for quarter two will be around SEK 788 million with an operating profit (EBITA) of around SEK 46 million. The company expects sales for quarter two to exceed SEK 850 million with an operating profit (EBITA) above SEK 50 million. The company sees margin growth in the segment Other Markets, while segment Main Markets continues to show strong margins.

This constitutes all-time-high sales and earnings during a quarter. Accumulated 12 months ("rolling 12") sales are thus expected to reach approximately SEK 3 billion with operating profit exceeding SEK 170 million.

HANZA's interim report for the second quarter will be published on July 26, 2022.

This disclosure contains information that HANZA AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 20-06-2022 10:11 CET.

For further information please contact:
Erik Stenfors, CEO, Tel: +46-709 50 80 70, e-mail: erik.stenfors@hanza.com
Lars Åkerblom, CFO, Tel: +46-707 94 98 78, e-mail: lars.akerblom@hanza.com

About HANZA:
HANZA is a knowledge-based global manufacturer that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and our own factories grouped into regional manufacturing clusters, we offer secure deliveries, increased profitability and sustainable manufacturing solutions for our customers.
HANZA was founded in 2008 and has since 2019 had sales exceeding SEK 2 billion. The company has production units in seven countries; Sweden, Finland, Germany, Estonia, Poland, the Czech Republic and China. Among our clients are leading product companies such as ABB, Epiroc, GE, Getinge, Oerlikon, Saab and Siemens.

HANZA is listed on Nasdaq Stockholm's main list (ticker: HANZA).

For more information please visit: www.hanza.com