Rejlers' Interim Report, January-June 2011
(Thomson Reuters ONE) -
Strong growth
First half-year
* Turnover amounted to SEK 573.4 million (411.7), an increase of 39 percent
* The operating profit was SEK 51.9 million (22.5)
* The operating margin amounted to 9.0 percent (5.5)
* Profit after tax was SEK 35.4 million (16.6)
* Earnings per share were SEK 3.13 (1.53)
April-June
* Turnover amounted to SEK 296.6 million (213.0), an increase of 39 percent
* The operating profit was SEK 24.3 million (11.0)
* The operating margin amounted to 8.2 percent (5.2)
* Profit after tax was SEK 17.4 million (8.6)
* Earnings per share were SEK 1.54 (0.79)
Statement from Managing Director and CEO Peter Rejler
The financial turmoil has not yet affected the Consulting Engineers industry. In
Sweden and Norway there is a big demand for consulting engineers and growth in
the market. In Finland, previously weighed down by the Finnish industry's slow
recovery, it is now better. This means an increase in orders for all Rejlers
customer groups. For the remainder of the year demand in the industrial area may
be affected if the turmoil in financial markets is reflected in the economy.
Efforts to balance our customer groups; Industry, Energy, Infrastructure and
Construction and property continues. Through the acquisition of Lausamo we grow
in Building and property in Finland and by the acquisition of Nettkonsult we
strengthen our position in Energy in Norway significantly. Initially we are
acquiring 49 percent, before acquiring the remaining 51 percent by the first
half of 2014 at the latest.
In Sweden, the newly established company Rejlers Drift och Underhåll has won
project management assignments from Volvo and Beijer Electronics. We have been
awarded several new assignments to manage infrastructure projects and have
assumed ultimate responsibility for information and data security on the Swedish
Transport Administration's technical platform. Rejlers in Finland is planning,
among other things, systems for Viking Line's new passenger ferry.
The last twelve months, Rejlers has grown by about 40 percent. Growth has been
achieved in equal parts organically and through acquisition and we are moving
towards our goal for 2015, 3x2015; at least 2,015 employees by the year 2015
with a turnover of at least SEK 2015 million.
For further information, please contact:
Peter Rejler, MD and CEO, tel. +46 (0)70 602 34 24, e-
mail:peter.rejler(at)rejlers.se
Lars Solin, CFO, tel. +46 (0)73 386 15 20, e-mail:lars.solin(at)rejlers.se
Rejlers is a Nordic group offering technical consultancy services in the fields
of electrical engineering, energy, mechanical engineering, automation,
electronics, IT and telecommunications. Rejlers' shares are listed on the Nasdaq
OMX Nordic Exchange.
Q2 2011 eng:
http://hugin.info/131990/R/1538533/469944.pdf
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Source: Rejlers via Thomson Reuters ONE
[HUG#1538533]
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Bereitgestellt von Benutzer: hugin
Datum: 16.08.2011 - 08:01 Uhr
Sprache: Deutsch
News-ID 57274
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Kategorie:
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