PROFILGRUPPEN AB Fourth quarter
· Turnover MSEK 579.8 (629.3), down 8 percent compared to previous year
· Earnings before interest, taxes, depreciation and amortisation (EBITDA) MSEK 13.0 (75.8)
· Operating profit MSEK -8.1 (55.2), corresponding to an operating margin of -1.4 percent (8.8)
· Excluding the influence of metal positions and accrual effects the operating profit amounts to MSEK 27.0 (19.2), corresponding to an adjusted operating margin of 4.6 percent (3.0)
· Net income MSEK -10.0 (42.5)
· Cash flow from operating activities MSEK 134.8 (-4.5)
· Earnings per share
Year 2022
· Turnover MSEK 2,696.6 (2,119.6), up 27 percent compared to previous year
· Earnings before interest, taxes, depreciation and amortisation (EBITDA) MSEK 234.4 (256.0)
· Operating profit MSEK 150.3 (178.6), corresponding to an operating margin of 5.6 percent (8.4)
· Excluding the influence of metal positions and accrual effects the operating profit amounts to MSEK 97.5 (91.6), corresponding to an adjusted operating margin of 3.6 percent (4.3)
· Net income MSEK 99.6 (132.8)
· Cash flow from operating activities MSEK 108.7 (124.8)
· Earnings per share
· The Board is proposing a dividend for the company of
Events after the closing date
·
· The announced electricity price compensation will provide the maximum level of compensation for
Fredrik Zöögling, CEO and President of
”Our operating profit for the quarter of MSEK 27 MSEK 97 for 2022 is far from our targets. It has been a very challenging year with extreme price variations for raw materials, sharply increased costs for energy and inputs. In the last half of the year, demand has also slowed down. Our measures to deal with the turbulence during the year have not been sufficient. We diligently continue our work with lowering our cost level, increasing our flexibility and to develop and structure our customer portfolio.”
© Modular Finance, source
