Interim Report Q1 2019

April  16, 2019

January - March 2019

  • Net Sales increased by 32 per cent in the first quarter compared to the same period last year and amounted to SEK 3,434 million (2,605). Organic growth was 8%.
  • The operating profit for the quarter amounted to SEK 244 million (172), an increase of 42% compared with the same period last year. The operating margin was 7.1% (6.6%), of which 0.2% is a positive IFRS 16 effect.
  • Profit for the period totalled SEK 170 million (121). Profit per share totalled SEK 1.33 (0.92).
  • With effect from 1 January 2019, the company applies IFRS 16 with regard to the group's leasing agreements and all figures for 2019 include this change. The conversion affected operating profit positively by SEK 7 million and net profit by SEK 1 million. The equity ratio has decreased by 4 percentage points due to the increased balance sheet total.
  • As of 2 January 2019, the Beijer Ref share is being traded on Nasdaq Stockholm's Large Cap.

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