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ProfilGruppen: New big order to ProfilGruppen

ProfilGruppen signs a new major contract through the subsidiary PG&WIP

ProfilGruppen continues to expand by signing a new major contract. The
agreement regards the supply of interior details based on customized
aluminum profiles pre-packed for the end customer. The new contract
runs over six years, starting 2017, with an estimated turnover of 350
million SEK in total.

The contract has been signed through the majority-owned subsidiary

Following the agreement an investment of about 50 million SEK in an
automated production line will be made. The investment will be made
at PG&WIP:s current production facilities in Åseda. ProfilGruppen
will produce long-length aluminum profiles, which will be processed
to a finished product at PG&WIP AB.

"The success of the industrialization project that we communicated in
April 2015 has created trust and therefore given us opportunities to
expand further. Our unique production concept, created in cooperation
between ProfilGruppen and Wip Consulting, gives a highly competitive
offer. Due to the contract we expect to recruit about 12 new
employees to PG&WIP AB." says Per Thorsell, President and CEO of


For more information, please contact:
Per Thorsell, President and CEO
Mobile: 46 (0)70-240 78 40


ProfilGruppen is a supplier of customised aluminium extrusions and

This information is of the type that ProfilGruppen AB (publ) is
obligated to disclose in accordance with the Swedish Securities
Exchange and Clearing Operations Act and/or the Financial Instruments
Trading Act. The information was issued for publication at 10.00 CET
on October 20, 2016.


Författare WKR

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