19.07.2013 14:05:00

Interim report January 1 – June 30 2013, ProfilGruppen AB (publ)

Regulatory News:

ProfilGruppen (STO:PROFB):

Continued weak market

Second quarter

  • Turnover MSEK 205.0 (227.9), down 10 percent compared to previous year
  • Operating profit MSEK 0.9 (12.1), after positive one-off items amounting to MSEK 0.9 (3.6).
  • Net income MSEK -0.4 (7.6)
  • Cash flow from current operations MSEK -7.8 (27.0)
  • Earnings per share SEK -0.08 (1.53)

First sixth months

  • Turnover MSEK 384.8 (454.4), down 15 percent compared to previous year
  • Operating profit MSEK -3.6 (22.1), after positive one-off items amounting to MSEK 0.9 (3.6).
  • Net income MSEK -4.9 (13.4)
  • Cash flow from current operations MSEK -13.6 (24.6)
  • Earnings per share SEK -0.99 (2.71)

Anders Frisinger, President and CEO of ProfilGruppen, says:

"The market in the second quarter has stabilized but is continued week. The earlier announced reinforcement of the sales organization was implemented in the end of the quarter increasing the possibilities to higher sales volumes and profit . At the same time we have been awarded a number of orders for future deliveries to new large customers during the quarter.

ProfilGruppen is a supplier of complex customised aluminium extrusions and components. For income, financial position, key figures and other facts about the Group, refer to pages 5 - 13. Current information and photographs for free publication are available at www.profilgruppen.se.

This information is published in accordance with applicable laws, listing agreements and regulations. The information was submitted for publication at 14.00 CET on July 19, 2013.

This information was brought to you by Cision http://news.cision.com

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