First quarter
- Net sales amounted to
SEK 567.4 million (599.1). Quantifiable items that affect the comparison with Q1, 2020, amount to a net of approx.SEK -70 million . Adjusted for these, growth was approx. 7 %. -
Operating profit (EBITA) increased to
SEK 22.5 million (20.4), which corresponds to an operating margin of 4.0 % (3.4). Costs directly related to the acquisition of SLP charged the quarter withSEK 6.0 million . Excluding these costs, operating profit amounted toSEK 28.5 million (20.4), which corresponds to an operating margin of 5.0 % (3.4). -
Profit after tax amounted to
SEK 9.1 million (6.4), which corresponds toSEK 0.27 per share (0.19). -
Cash flow from operating activities amounted to
SEK 66.1 million (67.6).
Material events during the period
- On
March 19 , HANZA acquiredSuomen Levyprofiili Oy ("SLP"), a successful Finnish manufacturer of sheet metal mechanics with over 100 employees. -
On
March 23 , the Nomination Committee presented its proposal to the Board ahead of the Annual General Meeting, which was a re-election of the board in its entirety.
CEO
"Last year we saw how our mature manufacturing clusters managed to meet a rapidly changing demand, with good profitability. We are now working actively to develop our smaller clusters to achieve a corresponding level throughout the Group."
"We see a good development of our sales and during the first quarter we decided on capacity-increasing machine investments of approximately
For further information please contact:
Lars Åkerblom, CFO, Tel: +46-707 94 98 78, e-mail: lars.akerblom@hanza.com
The information in this press release is such that HANZA must disclose it in accordance with the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at
About HANZA:
HANZA is a knowledge-based global manufacturer that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and our own factories grouped into regional manufacturing clusters, we offer secure deliveries, increased profitability and sustainable manufacturing solutions for our customers.
HANZA was founded in 2008 and has since 2019 had sales exceeding
HANZA is listed on Nasdaq Stockholm's main list (ticker: HANZA).
For more information please go to: www.hanza.com
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