Continued very strong organic growth
THIRD QUARTER
Net sales reached SEK 593 million (436), up 36.2% on the same period last year.
Earnings (EBIT) were SEK 25 million (20), which corresponds to an operating margin of 4.2% (4.5).
Adjusted for the SEK 11 million insurance compensation, the operating profit was SEK 14 million (20).
Earnings (EBIT) were negatively affected by establishment and start-up costs and by currency effects in total of SEK -14 million.
Profit after tax was SEK 17 million (13) and SEK 8 million (13) when adjusted for non-recurring items for insurace compensation.
Order bookings amounted to SEK 571 million (446), up 27.9% on the same period last year.
Cash flow from current activities was SEK -37 million (28), driven by strong expansion and the build-up of working capital.
Earnings per share, continuing operations were SEK 0.89 (0.60). Adjusted earnings per share were SEK 0.48 (0.60).
The change of name from FinnvedenBulten AB to Bulten AB came into effect on 1 September 2014.(…)
