YEAR-END Report
BE Group AB (publ)
January – December 2021
Fourth quarter 2021
- Net sales increased by 73% to SEK 1,510 M (875)
- The underlying operating result increased to SEK 135 M (12)
- Inventory gains and losses amounted to SEK 23 M (6)
- The operating result increased to SEK 158 M (18)
- Result after tax increased to SEK 130 M (13)
- Cash flow from operating activities amounted to SEK -115 M (152)
- Earnings per share increased to SEK 10.00 (1.06)
Full-year 2021
- Net sales increased by 47% to SEK 5,388 M (3,672)
- The underlying operating result increased to SEK 529 M (96)
- Inventory gains and losses amounted to SEK 92 M (-17) and items affecting comparability to SEK 0 M (-40)
- The operating result increased to SEK 621 M (39)
- Result after tax increased to SEK 495 M (4)
- Cash flow from operating activities amounted to SEK 32 M (341)
- Earnings per share increased to SEK 38.10 (0.33)
- The Board of Directors proposes dividend of SEK 12 (-) per share for the financial year of 2021
Results overview | 2021 Oct-Dec | 2020 Oct-Dec | Change | 2021 Jan-Dec | 2020 Jan-Dec | Change | |
Resultatöversikt | 2021 okt-dec | 2020 okt-dec | Förändring | 2021 jan-dec | 2020 jan-dec | Förändring | |
Tonnage, thousands of tonnes | Tonnage, tusen ton | 79 | 76 | 3 | 342 | 307 | 35 |
Net sales, SEK M | Nettoomsättning, MSEK | 1,510 | 875 | 635 | 5,388 | 3,672 | 1,716 |
Underlying operating result, SEK M | Underliggande rörelseresultat, MSEK | 135 | 12 | 123 | 529 | 96 | 433 |
Operating result, SEK M | Rörelseresultat, MSEK | 158 | 18 | 140 | 621 | 39 | 582 |
Profit/loss for the period, SEK M | Periodens resultat, MSEK | 130 | 13 | 117 | 495 | 4 | 491 |
Earnings per share, SEK | Resultat per aktie, SEK | 10.00 | 1.06 | 8.94 | 38.10 | 0.33 | 37.77 |
Cash flow from operating activities, SEK M | Kassaflöde från den löpande verksamheten, MSEK | -115 | 152 | -267 | 32 | 341 | -309 |
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 2021, the Group reported sales of SEK 5.4 billion. BE Group has approximately 630 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.