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Interim report Rejlers AB January – September 2023

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July - September  

  • Net sales increased by 16.4% to SEK 906.0 million (778.4)
  • Organic sales growth amounted to 3.4% (13.1)
  • EBITA increased to SEK 55.1 million (54.8), and the EBITA margin was 6.1% (7.0), impacted by one day less than in the previous year
  • Operating profit (EBIT) amounted to SEK 37.9 million (42.6), impacted by acquisition expenses of SEK 3.0 million (0.7), with regard to the acquisition of Eurocon
  • Net financial items amounted to an expense of SEK 14.7 million (income: 0.6), where the previous year was impacted positively by exchange-rate changes
  • Net profit after tax amounted to SEK 17.5 million (31.2)
  • Earnings per share before dilution amounted to SEK 0.79 (1.53) and after dilution to SEK 0.78 (1.52) 

January - September  

  • Net sales increased by 17.2% to SEK 2,955.7 million (2,522.8)
  • Organic sales growth amounted to 6.1% (12.9)
  • EBITA increased to SEK 215.7 million (195.5), and the EBITA margin amounted to 7.3% (7.7), impacted by integration costs in connection with the acquisition of Eurocon and impairment of projects, SEK 10.0 million
  • Excluding items affecting comparability, EBITA increased to SEK 225.7 million and the EBITA margin amounted to 7.6%
  • Operating profit (EBIT) increased to SEK 163.8 million (154.7), impacted by acquisition expenses of SEK 9.8 million (6.6), with regard to the acquisition of Eurocon
  • Net financial items amounted to an expense of SEK 20.6 million (income: 1.1), where the previous year was impacted positively by exchange-rate changes
  • Net profit after tax amounted to SEK 113.7 million (120.4)
  • Earnings per share before dilution amounted to SEK 5.14 (5.91) and after dilution to SEK 5.10 (5.85) 

Statement by the President and CEO 
“In the third quarter of the year, Rejlers’ EBITA increased to SEK 55.1 million (54.8), with an EBITA margin of 6.1 per cent (7.0). We are continuing to improve earnings compared with last year, even though September and thereby the quarter had one working day less this year, which reduces EBITA by around SEK 13 million and the margin by around 1.5 per cent. In the period January-September, our sales grew by 17 per cent, of which 6 per cent was organic growth, and EBITA increased by just over 10 per cent to SEK 215.7 million (195.5)”, says Viktor Svensson, President and CEO, Rejlers AB. 

For further information, please contact: 
Viktor Svensson, President and CEO, +46 70 657 20 26, viktor.svensson@rejlers.se 
Anna Jennehov, CFO, +46 73 074 06 70, anna.jennehov@rejlers.se

This information is information that Rejlers AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CEST on 25 October 2023

About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With cutting-edge expertise, we help companies, public authorities and other organisations meet tomorrow's societal challenges. Our services are important building blocks for achieving a sustainable society. Founded in 1942, Rejlers success is built on the ability to constantly embrace new knowledge. Our vision "Home of the learning minds" guides us to continuous learning, development and growth. With operations in Sweden, Finland, Norway and the United Arab Emirates, Rejlers has around 3300 experts in technology areas such as energy, industry, infrastructure and real estate. In 2022, the company had a turnover of 3.5 billion SEK and its class B share is listed on Mid Cap, Nasdaq Stockholm. www.rejlers.com

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