First quarter 2020

  • Net sales amounted to SEK 1,118 M (1,205)
  • The underlying operating result amounted to SEK 42 M (40)
  • The quarter was affected by items affecting comparability of SEK -35 M related to
    centralization of warehouse and production operations in Sweden
  • The operating result amounted to SEK -4 M (34), including inventory losses of SEK -11 M (-6)
  • Result after tax amounted to SEK -23 M (20)
  • Cash flow from operating activities increased to SEK 93 M (62)
  • Earnings per share amounted to SEK -1.75 (1.56)
  • In March, the Board of Directors decided to withdraw the previously communicated proposal of
    dividend for the financial year of 2019
Results overview 2020
Jan-Mar		 2019
Jan-Mar		 Change
Resultatöversikt 2020
jan-mar		 2019
jan-mar		 Förändring
Tonnage, thousands of tonnes Tonnage, tusen ton 90 96 -6
Net sales, SEK M Nettoomsättning, MSEK 1,118 1,205 -87
Underlying operating result, SEK M
Underliggande rörelseresultat, MSEK
 42 40 2
Operating result, SEK M Rörelseresultat, MSEK -4 34 -38
Profit/loss for the period, SEK M Periodens resultat, MSEK -23 20 -43
Earnings per share, SEK Resultat per aktie, SEK -1.75 1.56 -3.31
Cash flow from operating activities, SEK M
Kassaflöde från den löpande verksamheten, MSEK
 93 62 31

BE Group, which is listed on the Nasdaq Stockholm exchange, is a trading and service company in steel, stainless steel and aluminium. BE Group offers efficient distribution and value-adding production services to customers primarily in the construction and manufacturing industries. In 2019, the Group reported sales of SEK 4.4 billion. BE Group has approximately 650 employees, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com.