Interim Report
BE Group AB (publ)
January – September 2020
Third quarter 2020
- Net sales decreased by 24% to SEK 744 M (977)
- The underlying operating result amounted to SEK 14 M (13)
- The operating result amounted to SEK 4 M (14)
- Result after tax amounted to SEK -4 M (4)
- Cash flow from operating activities amounted to SEK 1 M (-14)
- Earnings per share amounted to SEK -0.32 (0.30)
First nine months 2020
- Net sales decreased by 17% to SEK 2,797 M (3,375)
- The underlying operating result amounted to SEK 84 M (85)
- The period was affected by items affecting comparability of
SEK -40 M (-) related to centralization of warehouse and production operations in Sweden and the Baltics - The operating result amounted to SEK 21 M (80)
- Result after tax amounted to SEK -9 M (43)
- Cash flow from operating activities increased to SEK 189 M (115)
- Earnings per share amounted to SEK -0.73 (3.30)
Results overview | 2020 Jul-Sep | 2019 Jul-Sep | Change | 2020 Jan-Sep | 2019 Jan-Sep | Change | |
Resultatöversikt | 2020 jul-sep | 2019 jul-sep | Förändring | 2020 jan-sep | 2019 jan-sep | Förändring | |
Tonnage, thousands of tonnes | Tonnage, tusen ton | 64 | 75 | -11 | 231 | 263 | -32 |
Net sales, SEK M | Nettoomsättning, MSEK | 744 | 977 | -233 | 2,797 | 3,375 | -578 |
Underlying operating result, SEK M | Underliggande rörelseresultat, MSEK | 14 | 13 | 1 | 84 | 85 | -1 |
Operating result, SEK M | Rörelseresultat, MSEK | 4 | 14 | -10 | 21 | 80 | -59 |
Profit/loss for the period, SEK M | Periodens resultat, MSEK | -4 | 4 | -8 | -9 | 43 | -52 |
Earnings per share, SEK | Resultat per aktie, SEK | -0.32 | 0.30 | -0.62 | -0.73 | 3.30 | -4.03 |
Cash flow from operating activities, SEK M | Kassaflöde från den löpande verksamheten, MSEK | 1 | -14 | 15 | 189 | 115 | 74 |
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.