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Interim report: ProfilGruppen is back after the fire

10/24/2011 8:30 AM EST  -   ProfilGruppen
Third Quarter

* Turnover MSEK 179.3 (203.5), down 12 percent compared to previous year

* Operating profit MSEK 7.5 (7.2) after one-off charges of net MSEK 1.5 (0.0)

* Operating profit for the period comprises insurance compensation of MSEK 12.4 for loss of production in conjunction to a fire

* Net income MSEK 4.3 (4.1)

* Cash flow from current operations MSEK 27.4 (9.7)

* Earnings per share SEK 0.87...

All production lines back in operation at ProfilGruppen

10/4/2011 10:00 AM EST  -   ProfilGruppen
The production facility at ProfilGruppen that in June suffered from a major fire has now resumed its production after three months of production stop. Focus has from day one been on minimizing the negative impact for ProfilGruppens customers. This has gone beyond expectations since production could be re-routed to other presses. The restored pressline has also been partly modernized.

The production was up and...

CEO of ProfilGruppen is leaving due to family reasons

8/5/2011 8:02 AM EST  -   ProfilGruppen
The CEO of ProfilGruppen, Claes Seldeby has announced his resignation due to family reasons and will leave the company on 1 September 2011. Peter Schön, CFO of ProfilGruppen, has been appointed deputy CEO from the same day. The recruitment of a new CEO of ProfilGruppen has been initiated.

Interim report from ProfilGruppen AB (publ), January – June 2011

7/19/2011 11:55 AM EST  -   ProfilGruppen
Limited effects despite extensive fire

Second Quarter

* Turnover MSEK 236.8 (244.4), down 3 percent compared to previous year

* Operating profit MSEK 5.5 (10.6) after one-off charges of MSEK 1.3 (0.0)

* Net income MSEK 2.6 (6.3)

* Cash flow from current operations MSEK -3.5 (2.3)

* Earnings per share SEK 0.53 (1.29)

First six months

* Turnover MSEK 461.9 (467.4), down 1 percent from previous year

*...

Fire incident at one of ProfilGruppen's production facilities

6/15/2011 6:00 AM EST  -   ProfilGruppen
Late last night, a fire broke out at one of ProfilGruppen's production facilities for extrusion of profiles. The production at the unit is halted for the time being and cleanup work has started. The extent of the damage, and thus also the duration of the production interruption, will be investigated during the week.

“Fortunately no one has been injured by the fire, which is after all the most important”, says CEO...

Atlas Copco wins large orders in Saudi Arabia

5/19/2011 2:30 AM EST  -   Atlas Copco
Stockholm, Sweden, May 19, 2011: Atlas Copco has received two significant orders related to the Ma’aden aluminum project in Saudi Arabia, highlighting its position as a leading supplier of compressed air and gas equipment in the region. The orders are valued at a total more than MUSD 50 (MSEK 300).
Atlas Copco will supply 20 turbo compressors for a power generation application in a new plant outside of Jubail,...

Interim report from ProfilGruppen AB (publ), January – March 2011

4/26/2011 8:00 AM EST  -   ProfilGruppen
Strengthening of the organisation in the first quarter
 

* Turnover MSEK 225.1 (223.0), up 1 percent compared to previous year.

* Operating profit/loss MSEK 3.3 (7.3) after one-off charges of MSEK 2.1 (0.0) related to recruitments

* Net income MSEK 1.2 (4.2).

* Cash flow from current operations MSEK 4.2 (-12.6).

* Earnings per share SEK 0.24 (0.84)

 

 

Claes Seldeby, President and CEO of...

Daniel Snöman becomes new Marketing and Business development manager in the Prof...

3/28/2011 12:00 PM EST  -   ProfilGruppen
Daniel Snöman has been appointed Marketing and Business development manager in ProfilGruppen. His previous position was at Schneider Electric Sverige AB where he has been Business area manager / Business VP Installation Systems & Control.

Daniel Snöman will assume the position as of June 1, 2011. The ambition for the newly created position is to develop ProfilGruppen's business and to strengthen the...

The Board is proposing a dividend of SEK 1.50 per share

2/16/2011 8:00 AM EST  -   ProfilGruppen
Fourth Quarter

* Turnover MSEK 230.5 (192.2), up 20 percent compared to previous year.

* Operating profit/loss MSEK 4.1 (2.1), charged with MSEK 1.9 for arbitration costs.

* Cash flow from current operations MSEK 19.0 (18.5).

* Earnings per share SEK 0.21 (-0.08)

Full year

* Turnover MSEK 901.4 (764.3), up 18 percent compared to previous year.

* Operating profit/loss MSEK 29.2 (-10.5), charged...

ProfilGruppen receives compensation for damage in connection with investment in ...

12/29/2010 8:00 AM EST  -   ProfilGruppen
ProfilGruppen AB has through arbitration been awarded damages of SEK 8.0 million plus interest of approximately SEK 2.8 million, all together approximately SEK 10.8 million. The dispute was regarding deficient advice when ProfilGruppen invested in the German company Profilrollen-Werkzeugbau GmbH&Co.KG, at the end of 2006. Shortly after the investment ProfilGruppen was forced to a write off amounting to SEK 16.4...