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Interim report January–June 2012

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Strong progress in orders during second quarter compared with the first quarter of the year

Quarter 2

  • Incoming orders amounted to SEK 581.0m (574.1), which adjusted is a decrease of 4.1 %* compared with the same period last year.
  • Net sales amounted to SEK 521.5m (473.4), which adjusted is an increase of 3.5%* compared with the same period last year.
  • Operating profit excluding acquisition costs and restructuring costs was SEK 41.8m (37.9). The adjusted operating margin was 8.0% (8.0).
  • Operating profit was SEK 41.8m (37.9). The operating margin was 8.0% (8.0).
  • Net profit was SEK 29.3m (23.7).
  • Earnings per share were SEK 2.50 (2.02).

January-June

  • Incoming orders amounted to SEK 1,074.7m (1,059.9), which adjusted is a decrease of 4.2 %* compared with the same period last year.
  • Net sales amounted to SEK 1,027.4m (932.4), which adjusted is an increase of 4.2 %* compared with the same period last year.
  • Operating profit excluding acquisition costs, restructuring costs and capital gains on disposal of subsidiaries was SEK 78.3m (70.1)**. The adjusted operating margin was 7.6% (7.5)**.
  • Operating profit was SEK 71.4m (43.6). The operating margin was 6.9% (4.7).
  • Net profit was SEK 47.8m (20.4).
  • Earnings per share were SEK 4.08 (1.74).

* adjusted for currency effects, acquisitions and disposals

** adjusted for capital gains on disposal of subsidiaries

CEO’s comments
“Despite the uncertain economic development in Europe, we are reporting higher incoming orders and invoicing in segment Europe, especially when compared with the first quarter of the year.
In our International segment we are seeing very strong development in incoming orders, both sequentially and when compared with Q2 in 2011.”
Sven Kristensson, CEO

Nederman is required to disclose the information provided herein according to the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instrument Trading Act. The information was submitted for publication on 17 July 2012 at 8 a.m.

Further information can be obtained from
Sven Kristensson, CEO                                           Stefan Fristedt, CFO
Telephone +46 (0)42-18 87 00                                   Telephone +46 (0)42-18 87 00
e-mail: sven.kristensson@nederman.se                     e-mail: stefan.fristedt@nederman.se

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