Beijer Alma AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 19, 2022 at 01:30 am EDT
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Beijer Alma AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 1,460.9 million compared to SEK 1,135.3 million a year ago. Net income was SEK 175.1 million compared to SEK 147.9 million a year ago. Basic earnings per share from continuing operations was SEK 2.34 compared to SEK 2.49 a year ago. Diluted earnings per share from continuing operations was SEK 2.34. Basic earnings per share was SEK 2.91 compared to SEK 2.45 a year ago. Diluted earnings per share was SEK 2.91.
For the six months, sales was SEK 2,920.9 million compared to SEK 2,214.3 million a year ago. Net income was SEK 354.3 million compared to SEK 312.4 million a year ago. Basic earnings per share from continuing operations was SEK 4.89 compared to SEK 4.88 a year ago. Diluted earnings per share from continuing operations was SEK 4.89. Basic earnings per share was SEK 5.88 compared to SEK 5.18 a year ago. Diluted earnings per share was SEK 5.88.
Beijer Alma AB is a Sweden-based company engaged in the production of components and industrial trading. Its business concept is to acquire, own and develop small and medium-sized companies with growth potential. Its operations are conducted by the subsidiaries focused on industrial customers. Lesjofors is an international supplier of industrial springs, wire and flat strip components. Habia Cable is a manufacturer and marketer of cables and cable systems for demanding applications, such as mobile telecommunication, defense, nuclear power and infrastructure. Beijer Tech is a company focused on industrial trading within the areas of hoses, fittings, rubber sheeting, wear protection, power transmission and surface treatment, as well as foundry, steelworks and smelters. The Company has approximately 40 subsidiaries active in Denmark, Norway, Finland, the United Kingdom, Germany, Latvia, China, Russia, Slovakia, the Netherlands, the United States, France and Poland.
BEIJER ALMA AB 
