BE Group AB (publ)
January – September 2019
Third quarter 2019
- Net sales decreased by 12% to SEK 977 M (1,111)
- The underlying operating result amounted to SEK 13 M (26)
- The operating result amounted to SEK 14 M (33)
- Result after tax amounted to SEK 4 M (23)
- Cash flow from operating activities amounted to
SEK -14 M (-10)
- Earnings per share amounted to SEK 0.30 (1.73)
- Peter Andersson started as CEO and President
- A new three-year credit agreement was signed
- Decision was taken regarding investments in production equipment in Norrköping and an extension of existing rental agreement
First nine months 2019
- Net sales decreased by 8% to SEK 3,375 M (3,649).
- The underlying operating result amounted to SEK 85 M (100).
- The operating result amounted to SEK 80 M (110).
- Result after tax amounted to SEK 43 M (69).
- Cash flow from operating activities increased to
SEK 115 M (6).
- Earnings per share amounted to SEK 3.30 (5.30).
|Results overview||2019 |
|Tonnage, thousands of tonnes||Tonnage, tusen ton||75||84||-9||263||284||-21|
|Net sales, SEK M||Nettoomsättning, MSEK||977||1,111||-134||3,375||3,649||-274|
|Underlying operating result, SEK M|| |
Underliggande rörelseresultat, MSEK
|Operating result, SEK M||Rörelseresultat, MSEK||14||33||-19||80||110||-30|
|Profit/loss for the period, SEK M||Periodens resultat, MSEK||4||23||-19||43||69||-26|
|Earnings per share, SEK||Resultat per aktie, SEK||0.30||1.73||-1.43||3.30||5.30||-2.00|
|Cash flow from operating activities, SEK M|| |
Kassaflöde från den löpande verksamheten, MSEK
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 2018, the Group reported sales of SEK 4.8 billion. BE Group has approximately 670 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.