Ratos: Interim report January-June 2016
(Thomson Reuters ONE) -
This information is information that Ratos AB is obliged to make public pursuant
to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the contact
person set out above, at 08.00 CET on 19 August 2016.
Development in company portfolio
* Sales growth of +8%, with net sales adjusted for the size of Ratos's holding
amounting to SEK 11,623m (10,736)
* Earnings trend of -9%, mainly due to the weak performance of GS-Hydro.
Adjusted for the size of Ratos's holding, adjusted EBITA in the portfolio
totalled SEK 624m (683)
Acquisitions and divestments
* Acquisition of Serena Properties and airteam completed in January and April,
respectively
* Agreement to acquire the camping and outdoor equipment company Oase Outdoors
signed in June
* Agreement to acquire the design company Gudrun Sjödén Group signed after the
close of the period
Financial information
* Profit/share of profits from companies totalled SEK 184m (401), a decline
mainly attributable to weaker earnings in the portfolio and a changed
company portfolio
* Earnings per share before and after dilution amounted to SEK -0.40 (+0.65)
* Cash and cash equivalents in the parent company totalled SEK 2,430m (2,990)
At 10.00 CET a telephone conference will be held, participant connection: UK:
+44 20 3008 9808, SE: +46 8 566 425 09, US: +1 855 831 5945. The telephone
conference will be webcasted live at www.ratos.se where presentation material
also is available. The telephone conference will be recorded and available at
www.ratos.se.
Stockholm 19 August 2016
Ratos AB (publ)
For further information, please contact:
Lars Johansson, CEO, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Financial calendar from Ratos:
Interim report January-September 2016 10 November 2016
Year-end report 2016 17 February 2017
Interim report January-March 2017 8 May 2017
Interim report January-June 2017 17 August 2017
Interim report January-September 2017 6 November 2017
Ratos is an investment company that owns and develops unlisted medium-sized
Nordic companies. Our goal as an active owner is to contribute to the long-term
and sustainable business development in the companies we invest in and to make
value-generating transactions. Ratos's portfolio consists of 19 medium-sized
Nordic companies and the largest segments in terms of sales are Construction,
Industrials and Consumer goods/Retail. Ratos is listed on Nasdaq Stockholm and
has a total of approximately 16,000 employees.
Interim report January-June 2016:
http://hugin.info/1180/R/2036069/758424.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ratos via GlobeNewswire
[HUG#2036069]
Unternehmensinformation / Kurzprofil:
Datum: 19.08.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 490094
Anzahl Zeichen: 3694
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Ratos: Interim report January-June 2016"
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