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Nilörngruppen

Nilörngruppen

Nilörngruppen AB : Interim report January - March 2017

15:00 / 3 May 2017 Nilörngruppen Press release

Period January - March
·       Order bookings increased by 35 percent to MSEK 201 (149).
·       Revenue increased by 33 percent to MSEK 159 (120).
·       Operating profit amounted to MSEK 17.5 (9.5).
·       Profit for the period amounted to MSEK 13.2 (7.3).
·       Earnings per share amounted to SEK 1.16 (0.64).
·       Cash flow from operating activities amounted to MSEK -1.8 (-5.4).

Important events during the quarter
·       Robust beginning of the year in terms of revenue and profit, but also against the background of higher order bookings
·       Revenue and the gross profit margin were affected by major orders.

Significant events after the end of the period under review
·       The factory in Bangladesh will start operations in the beginning of the second quarter.
·       On 19 April Nilörn Denmark A/S acquired the assets of HC Etikett A/S with estimated annual revenue of MDKK 10-12

For further information, please contact:

CEO Claes af Wetterstedt

Tel: 033-700 88 30

Mobil: 0706 96 29 50

Interim report Nilorn

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Source: Nilörngruppen AB via Globenewswire

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