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Alimak Group results

Published by
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

Read the article online at: https://www.worldcement.com/europe-cis/28072016/alimak-group-results-11/


 

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