Bulten – Bulten’s Q3 report 2019

Article by · 2019/10/24 ·

Positive development of order intake, earnings impacted by items affecting comparability and lower production rate.

THIRD QUARTER

Net sales amounted to SEK 718 (722) million, a decrease of -0.6% on the same period last year.

Operating earnings (EBIT) totaled SEK -8 (38) million, equating to an operating margin of -1.0% (5.2).

Operating earnings (EBIT) adjusted for relocation costs in China and restructuring in Germany totaled SEK 19 (38) million,

equating to an adjusted operating margin of 2.8% (5.2).

Earnings after tax amounted to SEK -14 (25) million.

Order bookings amounted to SEK 776 (723) million, an increase of 7.3% on the same period last year.

Cash flow from operating activities totaled SEK 114 (-15) million.

Earnings per share were SEK -0.75 (1.26).(…)

via Bulten –.