Ratos: Interim report January-June 2017
(Thomson Reuters ONE) -
P R E S S R E L E A S E 17 August 2017
This information is information that Ratos AB is obliged to make public pursuant
to the EU Market Abuse Regulation and the Swedish Securities Market Act.
The information was submitted for publication, through the agency of the contact
person set out above, at 08.00 CET on 17 August 2017.
Development in company portfolio
* Sales growth +2%
* EBITA amounted to SEK 757m (625), +21%
* Adjusted EBITA totalled SEK 777m (806), -4%
Acquisitions and divestments
* Agreement signed for the divestment of Nebula, exit gain SEK 515m. The
divestment was completed after the end of the period
* Agreement signed for the divestment of Serena Properties, exit gain
approximately SEK 90m. The divestment is expected to be completed during the
third quarter
* Divestment of the remaining shareholding in Arcus during the first quarter,
exit gain SEK 33m
* Divestment of AH Industries completed during the first quarter, exit loss
amounted to SEK 32m
Financial information
* Consolidated net sales SEK 12,303m (12,274)
* Profit before tax SEK 514m (7)
* Earnings per share before and after dilution SEK 0.59 (-0.40)
* Redemption of all Class C preference shares, total redemption proceeds
amount to SEK 1,300m
* Cash and cash equivalents in the parent company SEK 1,281m (2,430)
At 10.00 CET a telephone conference will be held, participant connection: UK:
+44 20 3008 9801, SE: +46 8 566 426 92, US: +1 855 753 2235. 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 17 August 2017
Magnus Agervald
CEO
For further information, please contact:
Helene Gustafsson, Head of IR & Press, +46 8 700 17 98
Financial calendar from Ratos:
Interim report January-September 2017 14 November 2017
Year-end report 2017 16 February 2018
Interim report January-March 2018 3 May 2018
Interim report January-June 2018 17 August 2018
Interim report January-September 2018 25 October 2018
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 15 medium-sized
Nordic companies and the largest segments in terms of sales are Industrials,
Consumer goods/retail and Construction. Ratos is listed on Nasdaq Stockholm and
has a total of approximately 14,000 employees.
Interim report:
http://hugin.info/1180/R/2127710/812547.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ratos via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 17.08.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 556875
Anzahl Zeichen: 3542
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Ratos: Interim report January-June 2017"
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