Dometic Group AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 16, 2021 at 02:00 am EDT
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Dometic Group AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SEK 5,571 million compared to SEK 3,329 million a year ago. Operating income was SEK 898 million compared to SEK 300 million a year ago. Net income was SEK 560 million compared to SEK 125 million a year ago. Basic earnings per share from continuing operations was SEK 1.85 compared to SEK 0.42 a year ago. For the half year, sales was SEK 10,428 million compared to SEK 7,527 million a year ago. Operating income was SEK 1,623 million compared to SEK 690 million a year ago. Net income was SEK 1,050 million compared to SEK 330 million a year ago. Basic earnings per share from continuing operations was SEK 3.5 compared to SEK 1.12 a year ago.
Dometic Group AB publ is a Sweden-based company that manufactures and supplies mobile leisure products for recreational vehicles, such as motorhomes and caravans, and marine, commercial and passenger vehicles. Its products include awnings, air conditioners, refrigerators, ovens, stoves, windows, lights, doors, sanitation systems, generators, sinks, cooktops, portable fridges and freezers, holding tanks, ovens, sinks, cool boxes, dishwashers, grills, inverters, safes, vacuum cleaners, generators, battery charging systems, wine coolers, and minibars, among others. Its products are sold through multiple distribution channels in around 100 countries under the brands: Dometic, WAECO, Marine Air, Cruisair, Condaria, SeaLand and Mobicool. The Company operates production facilities in Asia, Europe and the United States