Record strong third quarter
THIRD QUARTER 2019
· Revenue increased 22% (12% increase in local currency) to
· Operating profit increased 36% to
· Operating margin was 11.3% (10.1%)
· The result for the period increased 22% to
· Earnings per ordinary share amounted to
· Cash flows from operating activities amounted to
FIRST NINE MONTHS 2019
· Revenue increased 25% (21% increase in local currency) to
· Operating profit increased 39% to
· Operating margin was 9.4% (8.5%)
· The result for the period increased 33% to
· Earnings per ordinary share amounted to
· Cash flows from operating activities amounted to
SEK M Q3 Q3 % 9M 9M %
2019 2018 2019 2018
Revenue 964 791 22% 2 787 2 222 25%
Operating profit 109 80 36% 262 189 39%
Result for the period 74 61 22% 193 145 33%
Earnings per ordinary share 5.09 4.17 22% 13.31 8.82 51%
Gross margin 21.4% 20.3% 20.6% 19.6%
Operating margin 11.3% 10.1% 9.4% 8.5%
Return on capital employed 34% 40% 34% 40%
Working capital / Revenue 18% 2% 18% 2%
Net debt / (cash) 411 (298) 411 (298)
Lars Corneliusson, CEO
About
www.ferronordic.com
Financial calendar 2019/20
Year-end report January-December 2019
Interim report January-March 2020
For more information, please contact:
Erik Danemar, CFO, Tel: +46 73 660 72 31, or email: erik.danemar@ferronordic.com
Nybrogatan 6
114 34 Stockholm
Corporate ID no. 556748-7953
Phone: +46 8 5090 7280
This information is information that
https://news.cision.com/ferronordic-ab/r/ferronordic-ab--publ--interim-report-january---september-2019,c2970243
https://mb.cision.com/Main/1463/2970243/1148392.pdf
https://mb.cision.com/Public/1463/2970243/81b29dda91ddb066.pdf
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