Best quarter to date
THIRD QUARTER 2021- Revenue increased by 47% to
SEK 1,661m (1,129) -
Operating profit increased by 37% to
SEK 147m (107) -
Operating margin decreased to 8.9% (9.5)
-
The result for the period increased by 34% to
SEK 109m (81) -
Basic earnings per share amounted to
SEK 7.48 (5.57) -
Cash flows from operating activities amounted to
SEK 327m (100)
JANUARY- SEPTEMBER 2021 - Revenue increased by 31% to
SEK 4,517m (3,450) -
Operating profit increased by 41% to
SEK 371m (263) -
Operating margin increased to 8.2% (7.6)
-
The result for the period increased by 41% to
SEK 251m (177) -
Basic earnings per share amounted to
SEK 17.27 (12.21) -
Cash flows from operating activities amounted to
SEK 538m (514)
- Revenue increased by 31% to
SEK 4,517m (3,450) -
Operating profit increased by 41% to
SEK 371m (263) - Operating margin increased to 8.2% (7.6)
-
The result for the period increased by 41% to
SEK 251m (177) -
Basic earnings per share amounted to
SEK 17.27 (12.21) -
Cash flows from operating activities amounted to
SEK 538m (514)
SEK m (or as stated) | 2021 Jul-Sep | 2020 Jul-Sep | % | 2021 Jan-Sep | 2020 Jan-Sep | % | 2020 Full year |
Revenue | 1,661 | 1,129 | 47% | 4,517 | 3,450 | 31% | 4,635 |
Gross profit | 324 | 221 | 46% | 825 | 610 | 35% | 797 |
Operating profit | 147 | 107 | 37% | 371 | 263 | 41% | 328 |
Result for the period | 109 | 81 | 34% | 251 | 177 | 41% | 222 |
Result per ordinary share, SEK* | 7.48 | 5.57 | 34% | 17.27 | 12.21 | 41% | 15.25 |
Cash flow from operations | 327 | 100 | 538 | 514 | 693 | ||
Net debt (cash) | -75 | 83 | -75 | 83 | -20 | ||
Gross margin, % | 19.5% | 19.6% | -0.1pp | 18.3% | 17.7% | 0.6pp | 17.2% |
Operating margin, % | 8.9% | 9.5% | -0.6pp | 8.2% | 7.6% | 0.6pp | 7.1% |
Working capital/LTM Revenue, % | 0% | 8% | -8.1pp | 0% | 8% | -8.1pp | 5% |
Equity/total assets, % | 27% | 33% | -6.1pp | 27% | 33% | -6.1pp | 31% |
Return on capital employed, % | 27% | 25% | 2.0pp | 27% | 25% | 2.0pp | 20% |
Return on equity, % | 48% | 44% | 4.6pp | 48% | 44% | 4.6pp | 40% |
*Before dilution
Lars Corneliusson, President and CEO, comments: In the third quarter of 2021,
About Ferronordic
Contact
For investors and analysts:
Erik Danemar, CFO and Head of Investor Relations
+46 73 660 72 31
erik.danemark@ferronordic.com
For media and journalists:
+46 73 658 59 80
ceren.wende@ferronordic.com
Nybrogatan 6
SE-114 34 Stockholm
+46 8 5090 7280
Corporate ID no. 556748-7953
www.ferronordic.com
https://news.cision.com/ferronordic-ab/r/interim-report-1-january---30-september-2021,c3452089
https://mb.cision.com/Main/1463/3452089/1494983.pdf
https://mb.cision.com/Public/1463/3452089/b1d2ce5454d49874.pdf
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