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2021-07-15

ProfilGruppen AB: All time high profit in the second quarter

Second quarter
· Turnover MSEK 542.6 (316.8), up 71 percent compared to previous year
· Operating profit MSEK 48.4 (1.4), after positive one-off effects of MSEK 9.0 (0.0)
· Operating margin 8.9 percent (0.4)
· Net income MSEK 37.2 (4.7)
· Cash flow from operating activities MSEK 20.8 (51.3), of which MSEK 0.0 (35.3) from covid related support measures
· Earnings per share SEK 4.69 kr (0.54)

First six months
· Turnover MSEK 1,002.7 (717.9), up 40 percent compared to previous year
· Operating profit MSEK 83.5 (27.4), after positive one-off effect of MSEK 27.5 (0.0)
· Operating margin 8.3 percent (3.8)
· Net income MSEK 61.5 (16.1)
· Cash flow from operating activities MSEK 84.2 (44.1), of which MSEK 51.9 (35.3) from covid related support measures
· Earnings per share SEK 7.96 kr (1.80)
 
Fredrik Zöögling, CEO and President of ProfilGruppen, comments:
”The strong demand in the first quarter from all customer segments persisted during the second quarter. The increased production capacity came in handy when all activities were under high pressure. Our goal is to serve our customers the best way possible with high delivery security, which has been a challenge in the past months. The whole business has really been taken to the next level and delivers more than ever before. The efforts can be seen in the quarter's operating profit, which is the highest so far.”

For more information, please contact:


Fredrik Zöögling, President and CEO
Mobile: +46 (0) 70-932 16 50
E-mail: fredrik.zoogling@profilgruppen.se
 
Niklas Danielsson, CFO 
Mobile: +46 (0) 70-626 95 37
E-mail: niklas.danielsson@profilgruppen.se

Current information and photographs for free publication are available at www.profilgruppen.se

ProfilGruppen AB in Åseda is a supplier of turnkey customised aluminium components and extrusions. Our vision is that we will be the preferred provider of innovative solutions for aluminium extrusions in northern Europe.

This information is information that ProfilGruppen AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-07-15 14:02 CEST.

Attachments


Interim Report Q2 2021 ProfilGruppen AB All Time High Profit In The Second Quarter

Författare MFN