Beijer Alma AB Reports Unaudited Consolidated and Parent Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
October 24, 2018
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Beijer Alma AB (publ) reported unaudited consolidated and parent earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, on consolidated basis, the company reported net revenues of SEK 1,015.9 million against SEK 879.7 million a year ago. Operating profit was SEK 148.2 million against SEK 112.8 million a year ago. Net profit attributable to parent company shareholders was SEK 111.5 million against SEK 82.2 million a year ago. Net earnings per share before and after dilution, was SEK 1.85 against SEK 1.36 a year ago. Profit before tax was SEK 145.4 million against SEK 109.6 million a year ago.
For the nine months, on consolidated basis, the company reported net revenues of SEK 3,365.9 million against SEK 3,003.1 million a year ago. Operating profit was SEK 494.0 million against SEK 403.5 million a year ago. Net profit attributable to parent company shareholders was SEK 365.0 million against SEK 295.8 million a year ago. Net earnings per share before and after dilution, was SEK 6.06 against SEK 4.91 a year ago. Profit before tax was SEK 483.4 million against SEK 394.4 million a year ago.
For the quarter, on parent basis, the company reported operating loss of SEK 4.0 million against SEK 4.4 million a year ago. Net loss was SEK 3.6 million against SEK 3.6 million a year ago.
For the nine months, on parent basis, the company reported operating loss of SEK 22.9 million against SEK 37.3 million a year ago. Net loss was SEK 18.8 million against SEK 29.8 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 
