Investors

Interim Report January – September 2019

July - September

  • Net sales increased by 7.4 % to SEK 553.4 million (515.5)
  • Organic sales growth excluding exchange rate fluctuations amounted to 6.5 % (-1.3)
  • EBITA increased to SEK 26.5 million (17.5) including impact from IFRS 16 Leases of SEK -0.3 million and the EBITA margin increased to 4.8 % (3.4)
  • Operating profit (EBIT) increased to SEK 20.0 million (14.6) and the operating margin was 3.6% (2.8)
  • EBIT was impacted by expenses regarding the acquisition from Neste by SEK 3.3 million
  • Profit after tax amounted to SEK 12.9 million (13.4), including an impact from IFRS 16 Leases of SEK -0.6 million
  • Earnings per share before dilution amounted to SEK 0.71 (0.73) and after dilution to SEK 0.71 (0.73)
  • Cash flow from operating activities totalled SEK -25.5 million (-34.6)

January - September

  • Net sales increased by 4.6% to SEK 1,800.3 million (1,721.0)
  • Organic sales growth excluding exchange rate fluctuations amounted to 3.5 % (-3.0)
  • EBITA increased to SEK 97.5 million (8.7) including impact from IFRS 16 Leases of SEK 1.1 million and the EBITA margin increased to 5.4 % (0.5)
  • Operating profit (EBIT) increased to SEK 80.2 million (4.3) and the operating margin was 4.5 % (0.2)
  • EBIT was impacted by expenses regarding the acquisition from Neste by SEK 5.5 million
  • Profit after tax increased to SEK 57.1 million (-1.3), including an impact from IFRS 16 Leases of SEK -1.8 million
  • Earnings per share before dilution amounted to SEK 3.16 (-0.13) and after dilution to SEK 3.16 (-0.13)
  • Cash flow from operating activities totalled SEK 105.8 million (35.0)
  • Total cost of restructuring measures was SEK 0.0 million (53.4)

 

Statement by the President and CEO

“We are continuing to deliver growth and improved results, quarter on quarter. On a rolling 12-month basis, Rejlers achieves an EBITA of SEK 133 million (21), which shows that our collective measures and our new strategic focus are taking us in the right direction. The new strategy points out the energy sector as the primary growth area towards 2025. During the third quarter, this part of our operations as strengthened both through extensive recruitment and with 330 new employees in operations acquired from Neste, says Viktor Svensson, President and CEO, Rejlers AB.


For further information, please contact:

Viktor Svensson, President and CEO, +46 (0)70 657 20 26, viktor.svensson@rejlers.se
Anna Jennehov, CFO, +46 (0)73-074 06 70, anna.jennehov@rejlers.se