In Duroc's year-end report July 2019-June 2020, the Group showed an operating profit of
For the financial year 2021/22, which begins on
Duroc's balance sheet is strong, with limited elements of intangible assets, a large element of owned production properties, and a low debt / equity ratio.
Most of Duroc's companies today are experiencing good demand for their products and the negative effects that the Covid pandemic brought with them now seem to be fading. An exception in this picture, however, is the operations in the French part of the
Overall, the subsidiaries' long-term business plans indicate that Duroc's earnings will strengthen significantly in the coming years. Together with Duroc's sound financial position, this creates significant scope for continued investments in profitable growth - organically as well as through opportunistic acquisitions in both existing businesses and emerging sectors.
Duroc's organization has been clarified and strengthened with external board members in the portfolio companies during the soon-to-be-completed financial year, and this, together with our good earnings development and sound balance sheet, allows for a continued high pace in our investment operations in the future.
For further information
John Häger, CEO Duroc, 0702 48 72 99
The information in this press release is such that
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Duroc acquires and develops industrial and trading companies. With deep knowledge of technology and markets, the Group's companies aim for leading positions in their respective industries. Duroc is listed on NASDAQ OMX Stockholm (symbol: DURC). www.duroc.se |
https://news.cision.com/duroc/r/clear-profit-improvement-in-the-fourth-quarter-2020-2021---the-outlook-for-2021-22-indicates-signifi,c3371531
https://mb.cision.com/Main/998/3371531/1434949.pdf
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