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
Jul-Sep		 2018
Jul-Sep		 Change 2019
Jan-Sep		 2018
Jan-Sep		 Change
Resultatöversikt 2019
jul-sep		 2018
jul-sep		 Förändring 2019
jan-sep		 2018
jan-sep		 Förändring
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
 13 26 -13 85 100 -15
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
 -14 -10 -4 115 6 109

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.