Best quarter to date
This was yet another record-breaking quarter for Beijer Alma. Order bookings increased 19 percent, invoicing 14 percent and operating profit a full 24 percent. The improvements derived from all subsidiaries.
This is testament to the strength of our market positions and allows us to capitalize on healthy demand. As well as delivering a strong first quarter, our key figures for the first half of the year also reached record levels.
For Lesjöfors, order bookings increased 16 percent. Invoicing increased 15 percent in Industry and 11 percent in Chassis Springs. Quarterly earnings for Lesjöfors rose 15 percent. Demand from our customers was strong, with contributions from most geographies and customer groups.
Habia’s order bookings continued to rise and increased 25 percent during the quarter. Invoicing also rose in both Telecom and Other Industry, and we saw a strong improvement in profitability with earnings of MSEK 21 (6) for the quarter.
In Beijer Tech, order bookings increased 21 percent, invoicing 13 percent and earnings 16 percent, with contributions from both Industrial Products and Fluid Technology. The acquisition of Packningar och Plast AB also contributed to an increase in invoicing and earnings.
Henrik Perbeck, President and CEO
If you have any questions, please contact:
Henrik Perbeck, President and CEO, Telephone +46 8 506 427 50, email@example.com
Jan Blomén, Chief Financial Officer, Telephone +46 18 15 71 60, firstname.lastname@example.org
This information is information that Beijer Alma AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 11:30 a.m. on August 24, 2018.
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