Financial Statement Full year 2020

Report this content

Fourth Quarter 2020

●  Incoming orders rose 7 % to SEK 897 million (836)

Net sales rose 5 % to SEK 868 million (828)

Operating profit rose 28 % to SEK 104 million (82)

EBITA rose 26 % to SEK 107 million (85)

Profit after tax rose 21 % to SEK 79 million (65)

Earning per share were SEK 3,41 (2,82)

January - December 2020

●  Incoming order rose 2 % to SEK 3 368 million (3 303)

Net sales amounted to SEK 3 283 million (3 299)

Operating profit rose 10 % to SEK 408 million (371)

EBITA rose 10 % to SEK 422 million (385)

Profit after tax rose 10 % to SEK 317 million (289)

●  Earning per share were 13,73 kr (12,50)

The Board of Directors proposes a dividend of SEK 7,50 per share (0)●  The Board of Directors also proposes that the Annual General Meeting adopt a resolution to transfer to the shareholders an amount equivalent to 12,50 SEK per share via an automatic redemption procedure

This information is of such a nature that OEM International AB (publ) is required to publish it in compliance with the Market Abuse Regulation (MAR) EU Directive No. 596/2014. The information was provided for publication on 18 February 2021 at 14.00 CET by Johan Broman.


For further information, please contact the Managing Director, Jörgen Zahlin, on +46 (0)75-242 40 22, or via email at jorgen.zahlin@oem.se or the CFO, Johan Broman, on +46 (0)75-242 40 02, or via email at johan.broman@oem.se

For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, family-owned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 400 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 60,000 products in the areas of electrical components, flow technology, motors, transmissions and brakes, ball bearings and seals, appliance components and installation components. The Group has a customer base of more than 30,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

www.oem.se

Subscribe

Documents & Links