Bufab YTD net sales increase 10% | Fastener + Fixing Magazine

Article by · 2017/12/19 ·

Bufab Group has reported Quarter 3 interim results, showing net sales for the quarter had risen 10% to SEK 735 million. Nine month sales also rose by the same percentage, reaching SEK 2.373 billion.

Organic sales growth for both the quarter and year to date was 6%. Operating profit for the quarter rose to SEK 68 million (2016: SEK 66 million), with an operating margin of 9.3% (down on 9.8% in same quarter 2016). For the nine months operating profit rose to SEK 235 million (2016: SEK 219 million) with the operating margin at 9.9% (2016: 10.2%). Order intake increased 12% in the quarter and was higher than net sales.(…)

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