Interim report Q3 2020
Third quarter 2020
● Incoming orders stood at SEK 724 million (750)
● Net sales amounted to SEK 761 million (776)
● Operating profit rose 3 % to SEK 103 million (100)
● EBITA rose 3 % to SEK 107 million (104)
● Profit after tax rose 6 % to SEK 81 million (76)
● Earnings per share were SEK 3,51 (3,30)
January - September 2020
● Incoming orders stood at SEK 2 471 million (2 468)
● Net sales amounted to SEK 2 415 million (2 470)
● Operating profit rose 5 % to SEK 304 million (290)
● EBITA rose 5 % to SEK 315 million (300)
● Profit after tax rose 7 % to SEK 239 million (224)
● Earnings per share were SEK 10,32 (9,68)
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 20 October 2020 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