Improved result and cash flow during the fourth quarter, the Board of Directors proposes dividend of SEK 1.75 per share for 2018

Fourth quarter 2018

  • Net sales increased by 5% to SEK 1,154 M (1,095).
  • The underlying operating result increased to SEK 17 M (9).
  • The operating result increased to SEK 22 M (5), including items affecting comparability of SEK 4 M (-10).
  • Result after tax increased to SEK 11 M (-5).
  • Cash flow from operating activities increased to SEK 80 M (10).
  • Earnings per share increased to SEK 0.83 (-0.40).

Full-year 2018

  • Net sales increased by 10% to SEK 4,803 M (4,348).
  • The underlying operating result increased to SEK 117 M (82).
  • The operating result increased to SEK 132 M (57), including items affecting comparability of SEK -12 M (-52).
  • Result after tax increased to SEK 80 M (24).
  • Cash flow from operating activities amounted to SEK 86 M (95).
  • Earnings per share increased to SEK 6.13 (1.87).
  • The Board of Directors proposes dividend of SEK 1.75 (-) per share for the financial year of 2018.
Results overview 2018
Oct-Dec		 2017
Oct-Dec		 Change 2018
Jan-Dec		 2017
Jan-Dec		 Change
Resultatöversikt 2018
okt-dec		 2017
okt-dec		 Förändring 2018
jan-dec		 2017
jan-dec		 Förändring
Tonnage, thousands of tonnes Tonnage, tusen ton 93 89 4 377 363 14
Net sales, SEK M Nettoomsättning, MSEK 1,154 1,095 59 4,803 4,348 455
Underlying operating result, SEK M
Underliggande rörelseresultat, MSEK
 17 9 8 117 82 35
Operating result, SEK M Rörelseresultat, MSEK 22 5 17 132 57 75
Profit/loss for the period, SEK M Periodens resultat, MSEK 11 -5 16 80 24 56
Earnings per share, SEK1) Resultat per aktie, SEK1) 0.83 -0.40 1.23 6.13 1.87 4.26
Cash flow from operating activities, SEK M
Kassaflöde från den löpande verksamheten, MSEK
 80 10 70 86 95 -9

 

1) Based on the average number of shares.

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 manufacturing and construction 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.