Interim report Rejlers AB January – June 2023

April – June  

  • Net sales increased by 18.2 per cent to SEK 1,058.2 million (895.3)
  • Organic sales amounted to 5.2 per cent (7.8)
  • EBITA increased to SEK 70.5 million (64.3), and the EBITA margin was 6.7 per cent (7.2), impacted by one working day less than in the previous year
  • Operating profit (EBIT) increased to SEK 55.1 million (51.9), impacted by acquisition expenses of SEK 0.1 million (0.3), with regard to the acquisition of Eurocon
  • Net profit after tax increased to SEK 47.2 million (41.2)
  • Earnings per share before dilution amounted to SEK 2.14 (2.04) and after dilution to SEK 2.12 (2.00)

January – June  

  • Net sales increased by 17.5 per cent to SEK 2,049.7 million (1,744.4)
  • Organic sales amounted to 7.4 per cent (12.9)
  • EBITA increased to SEK 160.6 million (140.7), and the EBITA margin amounted to 7.8 per cent (8.1), impacted by integration costs in connection with the acquisition of Eurocon and impairment of projects, SEK 10.0 million
  • Excluding items affecting comparability, EBITA increased to SEK 170.6 million and the EBITA margin increased to 8.3 per cent
  • Operating profit (EBIT) increased to SEK 125.9 million (112.0), impacted by acquisition expenses of SEK 6.8 million (6.0), with regard to the acquisition of Eurocon
  • Net profit after tax increased to SEK 96.2 million (89.2)
  • Earnings per share before dilution amounted to SEK 4.35 (4.43) and after dilution to SEK 4.32 (4.33)

Statement by the President and CEO

“In the second quarter of the year, Rejlers showed strong growth of 18.2 per cent, of which 5.2 per cent was organic growth, and sales increased to SEK 1,058.2 million (895.3). At the same time, we increased operating profit compared to the corresponding quarter last year to SEK 70.5 million (64.3), despite having one working day less. For the first half of the year, EBITA increased to SEK 170.6 million (140.7) with an EBITA margin of 8.3 per cent (8.1), excluding items affecting comparability of SEK 10 million”, says Viktor Svensson, President and CEO, Rejlers AB.

For further information, please contact: 
Viktor Svensson, President and CEO, +46 70 657 20 26, viktor.svensson@rejlers.se 
Anna Jennehov, CFO, +46 73 074 06 70, anna.jennehov@rejlers.se

This information is information that Rejlers AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 12:00 CEST on 14 July 2023

About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With cutting-edge expertise, we help companies, public authorities and other organisations meet tomorrow's societal challenges. Our services are important building blocks for achieving a sustainable society. Founded in 1942, Rejlers success is built on the ability to constantly embrace new knowledge. Our vision "Home of the learning minds" guides us to continuous learning, development and growth. With operations in Sweden, Finland, Norway and the United Arab Emirates, Rejlers has around 3300 experts in technology areas such as energy, industry, infrastructure and real estate. In 2022, the company had a turnover of 3.5 billion SEK and its class B share is listed on Mid Cap, Nasdaq Stockholm. www.rejlers.com