Coverage

Nilörngruppen

Nilörngruppen

Nilörngruppen AB : Interim report Q4 2017

11:00 / 16 February 2018 Nilörngruppen Press release

Period October - December
·       Order bookings grew by 9 percent to MSEK 184 (169).
·       Revenue, adjusted for acquisitions and currency fluctuation effects, amounted to MSEK 191 (174), equivalent to underlying organic growth of 10 percent.
·       Consolidated revenue expressed in SEK grew by 3 percent to MSEK 179 (174).
·       Operating profit (not including costs for change of listing in the amount of MSEK 1.0) amounted to MSEK 26.3 (22.1).
·       Profit for the period amounted to MSEK 22.1 (15.4).
·       Earnings per share amounted to SEK 1.93 (1.35).
·       Cash flow from operating activities amounted to MSEK 25.5 (24.5).

Period January - December
·       Order bookings grew by 12 percent to MSEK 716 (638).
·       Revenue, adjusted for acquisitions and currency fluctuation effects, amounted to MSEK 692 (610), equivalent to underlying organic growth of 13 percent.
·       Consolidated revenue expressed in SEK grew by 11 percent to MSEK 680 (610).
·       Operating profit (not including costs for change of listing in the amount of MSEK 3.7) amounted to MSEK 86.1 (75.0).
·       Profit for the period amounted to MSEK 65.0 (56.2).
·       Earnings per share amounted to SEK 5.70 (4.93).
·       Cash flow from operating activities amounted to MSEK 66.2 (54.5).

Significant events during the period
·       Currency fluctuation effects had a negative impact on revenue in the amount of MSEK 16 during the quarter, and by MSEK 20 on an accumulated basis. The effect on earnings was marginal, however.
·       Costs for change of listing amounted to MSEK 1.0 during the fourth quarter and MSEK 3.7 for the full year.
·       As an element of offering the market's best sustainability solution, the production in Hong Kong has obtained Bluesign certification

Significant after the end of the period under review
·       The Board of Directors has decided to propose to the Annual General Meeting a dividend of 4.00 (3.60) per share

FOR FURTHER INFORMATION, CONTACT:
Claes af Wetterstedt, President & CEO                               Krister Magnusson, CFO
Telephone: +46-33-700 88 30                                               Telephone: +46-33-700 88 30
Mobile: +46-706 96 29 50                                                      Mobile: +46-704 85 21 14
E-mail: claes.af.wetterstedt@nilorn.com                             E-mail: krister.magnusson@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 11:00 a.m., 16 February 2018.

Nilörngruppen Year end report Q4 2017

--
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nilörngruppen AB via Globenewswire

GlobeNewswire

This information was distributed by GlobeNewswire https://www.globenewswire.com/