Alimak Group results
Published by Rebecca Bowden,
Assistant Editor
World Cement,
Alimak Group has released its interim report for January – June 2016.
Continued global expansion in challenging business environment
- Operating margin (EBIT adj.) of 17.6% (18.8) with improvements in all business areas except Industrial Equipment.
- Adjusted for Johan Sverdrup order in Q215, underlying growth in order intake of +7%.
- Continued strong growth in order intake in Construction Equipment, +58%.
Second quarter
- Order intake decreased by 18% to 543 MSEK (663). In local currencies, the decrease was 15%.
- Revenues decreased by 5% to 525 MSEK (552). In local currencies, the decrease was 2%.
- Operating profit (EBIT) was 92 MSEK (54).
- Operating profit (EBIT) before items affecting comparability was 92 MSEK (104). In local currencies, EBIT was 93 MSEK (104).
- Operating margin (EBIT) before items affecting comparability was 17.6% (18.8). In local currencies, the operating margin was 17.2% (18.8).
- Net profit amounted to 65 MSEK (22)
- Earnings per share at 1.51 SEK (0.51).
- Cash flow from operating activities increased to 67 MSEK (42).
January-June 2016
- Order intake decreased by 7% to 1113 MSEK (1199). In local currencies, the decrease was 5%.
- Revenues decreased by 3% to 980 MSEK (1014). In local currencies, the decrease was 1%.
- Operating profit (EBIT) was 152 MSEK (126).
- Operating profit (EBIT) before items affecting comparability was 152 MSEK (180). In local currencies, EBIT was 154 MSEK (180).
- Operating margin (EBIT percentage) before items affecting comparability was 15.5% (17.7). In local currencies, the operating margin was 15.3% (17.7).
- Earnings per share at 2.18 SEK (0.62).
Cash flow from operating activities increased to 97 MSEK (55).
Adapted from press release by Rebecca Bowden
Read the article online at: https://www.worldcement.com/europe-cis/28072016/alimak-group-results-11/
You might also like
The World Cement Podcast
In this special joint episode of the World Cement Podcast, and Cementing Europe’s future, the podcast of CEMBUREAU, David Bizley and Koen Coppenholle take a deep dive into the Clean Industrial Deal and a discussion of what it means for the European cement industry.
Listen for free today at www.worldcement.com/podcasts or subscribe and review on your favourite podcast app.
Heidelberg Materials unveils CCS facility in Norway
Festive opening of Brevik CCS in Norway, the world’s first industrial-scale carbon, capture, and storage (CCS) facility in the cement industry.
