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Nilörngruppen

Nilörngruppen

Nilörngruppen AB : Interim report Q2 2017

08:00 / 21 August 2017 Nilörngruppen Press release


Period April - June


·       Order bookings grew by 4 percent to MSEK 156 (150).
·       Revenue increased by 12 percent to MSEK 192 (172) MSEK.
·       Operating profit amounted to MSEK 25.6 (25.9) (not including costs for change of listing in the amount of MSEK 1.4).
·       Operating profit amounted to MSEK 24.2 (25.9).
·       Profit for the period amounted to MSEK 18.5 (20.6).
·       Earnings per share amounted to SEK 1.62 (1.81).
·       Cash flow from operating activities amounted to MSEK 31.3 (25.2).

Period January - June
·       Order bookings grew by 19 percent to MSEK 357 (300).
·       Revenue increased by 21 percent to MSEK 352 (292).
·       Operating profit amounted to MSEK 43.28 (35.4) (not including costs for change of listing in the amount of MSEK 1.4).
·       Operating profit amounted to MSEK 41.8 (35.4).
·       Profit for the period amounted to MSEK 31.7 (27.9).
·       Earnings per share amounted to SEK 2.78 (2.45).
·       Cash flow from operating activities amounted to MSEK 29.5 (19.8).

Significant events during the quarter
·       Increased organization to meet demand and for continued growth
·       Gross profit margin affected by new major clients and product mix
·       Preliminary application for listing on Nasdaq Stockholm's main market.
·       Costs for changing listing amounted to MSEK 1.4 during the quarter.
·       Production has started at the Bangladesh plant.

FOR FURTHER INFORMATION, CONTACT:
Claes af Wetterstedt, President & CEO
Telephone: +46-33-700 88 30
Mobile: +46-706 96 29 50
E-mail: claes.af.wetterstedt@nilorn.com

This information is information that Nilörngruppen is under obligation to publish in accordance with the EU Market Abuse Regulation. Securities Markets Act. The information herein was provided by the contact person named below for publication at 8:00 a.m., 21 August 2017.

Nilörngruppen Interim report Q2 2017

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Source: Nilörngruppen AB via Globenewswire

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