Year-end Report
BE Group AB (publ)
January – December 2019
Fourth quarter 2019
- Net sales decreased by 15% to SEK 984 M (1,154)
- The underlying operating result amounted to SEK 9 M (17)
- The operating result amounted to SEK 8 M (22)
- Result after tax amounted to SEK 7 M (11)
- Cash flow from operating activities increased to
SEK 85 M (80) - Earnings per share amounted to SEK 0.57 (0.83)
Full-year 2019
- Net sales decreased by 9% to SEK 4,359 M (4,803)
- The underlying operating result amounted to SEK 94 M (117)
- The operating result amounted to SEK 88 M (132)
- Result after tax amounted to SEK 50 M (80)
- Cash flow from operating activities increased to
SEK 200 M (86) - Earnings per share amounted to SEK 3.87 (6.13)
- The Board of Directors proposes dividend of SEK 1.75 (1.75) per share for the financial year of 2019
Results overview | 2019 Oct-Dec | 2018 Oct-Dec | Change | 2019 Jan-Dec | 2018 Jan-Dec | Change | |
Resultatöversikt | 2019 okt-dec | 2018 okt-dec | Förändring | 2019 jan-dec | 2018 jan-dec | Förändring | |
Tonnage, thousands of tonnes | Tonnage, tusen ton | 77 | 93 | -16 | 340 | 377 | -37 |
Net sales, SEK M | Nettoomsättning, MSEK | 984 | 1,154 | -170 | 4,359 | 4,803 | -444 |
Underlying operating result, SEK M | Underliggande rörelseresultat, MSEK | 9 | 17 | -8 | 94 | 117 | -23 |
Operating result, SEK M | Rörelseresultat, MSEK | 8 | 22 | -14 | 88 | 132 | -44 |
Profit/loss for the period, SEK M | Periodens resultat, MSEK | 7 | 11 | -4 | 50 | 80 | -30 |
Earnings per share, SEK | Resultat per aktie, SEK | 0.57 | 0.83 | -0.26 | 3.87 | 6.13 | -2.26 |
Cash flow from operating activities, SEK M | Kassaflöde från den löpande verksamheten, MSEK | 85 | 80 | 5 | 200 | 86 | 114 |
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.