Releases - ProfilGruppen

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Interim report from ProfilGruppen AB (publ), January – March 2012

5/2/2012 8:00 AM EST
Profit improvement due to better sales and adapted cost level

* Turnover MSEK 226.5 (225.1), up 1 percent compared to previous year.

* Operating profit/loss MSEK 10.0 (3.3), previous year was affected by one-off items of MSEK 2.1.

* Net income MSEK 5.8 (1.2).

* Cash flow from current operations MSEK -2.4 (4.2).

* Earnings per share SEK 1.18 (0.24)

Peter Schön, Acting CEO of ProfilGruppen, says:

"We can now...

Press release from the Annual General Meeting of ProfilGruppen AB (publ.)

3/29/2012 2:00 PM EST
* The Annual General Meeting decided that no dividend payout shall be made for the 2011 financial year (previous year SEK 1.50 per share).

* Eva Färnstrand (Chairman of the Board), Mats Egeholm, and Susanna Hilleskog were re-elected to the Board. Bengt Stillström and Thomas Widstrand were elected as new Board members.

* The Board was granted authority to make decisions on new share issues with the purpose to...

Annual Report ProfilGruppen 2011

3/8/2012 8:00 AM EST
The Annual Report of ProfilGruppen for 2011 is within the month of March available at www.profilgruppen.com.

The Annual Report in Swedish is available from today at www.profilgruppen.se.

The printed version in Swedish will be distributed to the shareholders during the coming week....
Anders Frisinger
 

ProfilGruppen has appointed Anders Frisinger as President and CEO

3/5/2012 3:00 AM EST
ProfilGruppen AB has appointed Anders Frisinger as new President and CEO as of June 1, 2012.

Since 2010, Anders Frisinger is the CEO of Raufoss Technology AS, a company in the Neuman Aluminium Group. Anders has long-standing experience as managing director of suppliers to the transportation industry, such as Hydro Automotive Structures, Raufoss AS and Raufoss Metall AS, but has also been CEO of the solar energy...

INVITATION TO ANNUAL GENERAL MEETING OF PROFILGRUPPEN AB (publ.)

2/22/2012 5:00 AM EST
This is a translation of the Swedish version of the notice. In case of any discrepancies, the Swedish version shall prevail.

Shareholders of ProfilGruppen AB (publ.), corporate identity number 556277-8943, are hereby invited to attend the Annual General Meeting (AGM) on Thursday 29 March 2012 at 15:00 in Folkets Hus in Åseda.

Program for shareholders
In conjunction with the AGM, a factory tour in the company’s...

Year-end report from ProfilGruppen AB (publ), January – December 2011

2/16/2012 8:05 AM EST
Delayed insurance compensation affects result and cash flow

Fourth Quarter

* Turnover MSEK 195.5 (230.5), down 15 percent compared to previous year.

* Operating profit/loss MSEK 1.4 (4.1), after one-off items of net MSEK 3.4 (-1.9)

* Operating profit has been affected by an insurance compensation of MSEK 2.1 for production losses in conjunction to fire damages

* Cash flow from current operations MSEK -6.5...

Interim report: ProfilGruppen is back after the fire

10/24/2011 8:30 AM EST
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
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...

ProfilGruppen: Arbitration set aside by the court of appeal

9/30/2011 7:30 AM EST
As previously announced ProfilGruppen was awarded SEK 8.0 million plus interest in punitive damages in an arbitration in December 2010. The damage was not recognised as income. The counterpart, KPMG, later filed a motion to set aside the arbitration claiming their own arbitrator had been judicially disqualified.

The Svea Court of Appeal has concluded that due to this reaspm KPMG's arbitrator was not qualified....

ProfilGruppen initiates negotiations regarding personnel reductions of 55 employ...

9/14/2011 9:10 AM EST
ProfilGruppen has today, as one of the steps in an ongoing efficiency program, made a decision to initiate negotiations regarding personnel reductions of 55 employees. The negotiations with the unions will be started immediately. "It is terribly sad to be forced to lay off personnel but it is necessary to assure our long term competitiveness", says acting CEO Peter Schön.

ProfilGruppen

ProfilGruppen is a supplier of complex customised aluminium extrusions and components.

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  CONTACT  
Peter Schön
  • Peter Schön
  • acting CEO
  • +46 70 339 89 99
  • +46 474 551 20
  •