2015-04-29
PRESS RELEASE
Continued strong growth and improved earnings – operating margin affected by currency revaluation
FIRST QUARTER
Net sales reached SEK 713 million (581), up 22.7% on the same period last year.
Operating earnings (EBIT) were SEK 36 million (33), which corresponds to an operating margin of 5.1% (5.7).
Earnings after tax were SEK 29 million (23).
Orders received amounted to SEK 660 million (632), up 4.4% on the same period last year.
Cash flow from operating activities was SEK 49 million (-26).
Earnings per share were SEK 1.44 (1.09).
Net cash was SEK 95 million (-250) and the equity/assets ratio at the end of the period was 67.7% (51.9).
“Once more Bulten is reporting a period of strong sales growth, good orders received and high capacity utilisation. Growth was mainly driven by two extensive FSP contracts that went into production in Q1, 2014 and in the middle of Q2, 2014, (…)
via Bulten –.