Rejlers' Interim Report, January-September 2009
(Thomson Reuters ONE) - Improvement in sightJanuary-September* Turnover was SEK 567.1 million (572.3)* Operating profit was SEK 31.5 million (75.4)* Operating margin amounted to 5.6 per cent (13.2)* Profit after tax was SEK 22.5 million (54.2)* Earnings per share were SEK 2.08 (5.02)Third quarter* Turnover was SEK 161.8 million (172.0)* Operating profit was SEK 5.9 million (21.2)* Operating margin amounted to 3.6 per cent (12.3)* Profit after tax was SEK 4.2 million (15.4)* Earnings per share were SEK 0.39 (1.42)Statement from President and CEO Peter RejlerEnergy, Infrastructure and Construction and Property are durable,profitable customer groups that account for a large proportion of theGroup's assignments. Demand for consultancy services from thesecustomer groups has remained good during the third quarter.In our fourth client segment, Industry the market situation remainedweak during the quarter. There are signs of improvement within someparts of industry, however, such as the mining and steel industriesand the paper and pulp industries. The demand situation is plagued bygreat uncertainty, although our assessment is that the worst yearsare behind us and a slow improvement can be expected.During the quarter, we received a commission within Infrastructure toplan all the technical systems for the Masmolänken, a four-lane roadtunnel. Within Industry we received an order from one of the largestengineering companies in Sweden which involves productivity andquality improvements in their production equipment. We have enteredinto a key framework agreement with Fortum Power and Heat Oyresulting in broader cooperation with the company with regard toRejlers' consultancy services.Rejlers' ambition is to expand through organic growth andacquisitions in roughly equal measure, while retaining quality andgood profitability over a business cycle. We have a good financialposition and our broad customer base generates stability duringfluctuations in business conditions. Our growth target remains thesame.For further information, please contact:Peter Rejler, President and CEO, tel. +46 (0)70 602 34 24, e-mail:peter.rejler(at)rejlers.seLars Solin, CFO, tel. +46 (0)73 386 15 20, e-mail:lars.solin(at)rejlers.seRejlers is a Nordic group offering technical consultancy services inthe fields of electrical engineering, energy, mechanical engineering,automation, electronics, IT and telecommunications. Rejlers' sharesare listed on the Nordic list of Nasdaq OMX.http://hugin.info/131990/R/1350578/325938.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.10.2009 - 08:04 Uhr
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