Interim report January–March 2015
Good organic growth and strong profitability
- Incoming orders amounted to SEK 780.7m (620.3), which adjusted is an increase of 10.8%*).
- Net sales amounted to SEK 727.2m (623.2), which adjusted is an increase of 1.8%*).
- The operating profit excluding acquisition and restructuring costs was SEK 38.1m (18.6). The adjusted operating margin was 5.2% (3.0).
- The operating profit was SEK 38.1m (8.6). The operating margin was 5.2% (1.4)
- The net profit was SEK 23.9m (1.5).
- Earnings per share were SEK 2.04 (0.13).
*) adjusted for currency effects and acquisitions
CEO’s comments
“The development of orders received by the Group was good during Q1. The Americas region especially saw strong progress during the quarter, and orders in the EMEA region also saw a positive trend. In the APAC region the picture was more mixed at the start of 2015, with orders staying at the same level as in Q1 2014.
The Group’s profitability strengthened during the quarter. The operating profit, excluding restructuring and acquisition costs, doubled compared with the same period in 2014. The positive development in earnings capability is primarily related to higher volumes and lower underlying costs, as well as the weaker Swedish krona, which affected earnings positively.
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 22 April 2015 at 4 p.m.
Further information can be obtained from
Sven Kristensson, CEO
Telephone +46 (0)42-18 87 00
email: sven.kristensson@nederman.com
Stefan Fristedt, CFO
Telephone +46 (0)42-18 87 00
email: stefan.fristedt@nederman.com
For further information, see Nederman’s website www.nederman.com
Nederman Holding AB (publ),
Box 602, SE-251 06 Helsingborg, Sweden
Telephone +46 (0)42-18 87 00, Telefax +46 (0)42-18 77 11
Co. Reg. No. 556576-4205
Facts about Nederman
Nederman is one of the world's leading companies supplying products and systems in the environmental technology sector focusing on industrial air filtration and recycling. The company's solutions are contributing to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency.
Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 25 countries and agents and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in Europe, North America and Asia.
The Group is listed on the Nasdaq OMX, Stockholm Mid Cap list; it has about 1,900 employees and a turnover of about SEK 2.8 billion.
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