Record quarter for Inwido
This information is such that Inwido AB (publ) is obliged to publish in accordance with the Swedish Securities Market Act and/or Financial Instruments Trading Act. The information was submitted for publication on Friday July 17, 2015, at 7:46 a.m.
Inwido’s CEO Håkan Jeppsson comments on the second quarter of 2015:
“This was Inwido’s best second quarter to date. The profit after tax of SEK 138 million (22) was also the highest we have ever reported for an individual quarter.”
“Operating profit was SEK 180 million, an increase of 20 percent compared with the corresponding quarter last year. The operating margin rose to more than 13 percent and sales by nearly 6 percent to SEK 1,376 million.”
“Order intake rose in our most important segments and channels but decreased in less profitable segments. Growth remains strong, particularly in Denmark, Sweden and Ireland.”
“At mid-year, we took the next step in our e-commerce venture and launched the new e-Commerce business unit. Later this year, we will be following this up by launching e-commerce in two new markets: Germany and Finland.”
“Our development in the first half of the year was strong compared with last year and we look forward to the remainder of 2015 with confidence.”
Read the key figures in the pressrelease attached
For more information, please contact:
Inwido AB
Håkan Jeppsson, President and CEO Tel.: 46 (0)10-451 45 51 or 46 (0)70-550 15 17
Jonna Opitz, SVP Marketing, Sales & Communication Tel.: 46 (0)10-451 45 58 or 46 (0)722 11 90 10
E-mail: jonna.opitz@inwido.com
About Inwido
Inwido is Europe’s largest supplier of windows and doors. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estionia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 3,300 employees and generated sales of slightly more than SEK 4.9 billion in 2014. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com
Tags:
