Beijer Alma AB Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 15, 2021 at 06:00 am EST
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Beijer Alma AB (publ) announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was SEK 1,079.1 million compared to SEK 1,060.9 million a year ago. Operating income was SEK 187.7 million compared to SEK 123.4 million a year ago. Net income was SEK 133.7 million compared to SEK 92.9 million a year ago. For the full year, sales was SEK 4,249.8 million compared to SEK 4,621.7 million a year ago. Operating income was SEK 544.8 million compared to SEK 582.6 million a year ago. Net income was SEK 396.6 million compared to SEK 430.8 million a year ago.
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 
