Helsinki, 18 July 2014, 08:00 CET/ 09:00 EET

Second quarter 2014 in brief

  • Net sales for the second quarter amounted to EUR 175.4 million (182.2). Comparable net sales for the second quarter were 1.1% lower than prior year1).
  • Operating profit for the second quarter amounted to EUR 19.8 million (19.7), 11.3% (10.8) of net sales.
  • Profit for the second quarter amounted to EUR 3.3 million (13.0), affected by one-off refinancing costs of EUR 10.6 million.
  • Earnings per share, basic and diluted, were EUR 0.03 (0.13).
  • Cash flow from operating activities for the second quarter amounted to EUR 25.9 million (17.2).
  • As of 13 June 2014 Sanitec redeemed and delisted the Senior Secured Floating Rate Notes with the amount of EUR 250 million from the Luxembourg Stock Exchange after implementation of a new financing structure.

January - June 2014 in brief

  • Net sales for the period amounted to EUR 359.0 million (358.9). Comparable net sales for the period were 2.1% higher than prior year1).
  • Operating profit for the period amounted to EUR 39.3 million (33.2), 10.9% (9.3) of net sales.
  • Profit for the period amounted to EUR 14.8 million (23.1).
  • Earnings per share, basic and diluted, were EUR 0.15 (0.23).
  • Cash flow from operating activities for the period amounted to EUR 13.1 million (4.1).

1) Calculated in comparable legal structure and constant currency, i.e. organic change

Please click the attached pdf document or visit www.sanitec.com (Investors>Reports) to download Sanitec's Interim Report January - June 2014 in English or in Swedish.

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