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22-10-20

Beijer Ref Q3 2022

Third quarter

  • Organic sales rose 18.6 per cent in the quarter compared to the previous year. Acquisition effects were 12.0 per cent and currency effects were 7.1 per cent. Net sales increased by 37.7 per cent to SEK 5,979 million (4,341).
     
  • EBITA amounted to SEK 622 million (366), which is an increase of 70 per cent over the same period the previous year. The EBITA margin amounted to 10.4 per cent (8.4).
     
  • This is Beijer Ref’s best ever third quarter in absolute numbers and terms, based on current structure.
     
  • Operating cash flow amounted to 307 (182). Cash flow has been affected by the higher level of business activity during the quarter.
  • Earnings per share before and after dilution amounted to SEK 1.12 (0.65) and SEK 1.12 (0.65), respectively, which represents an increase of 72 percent.
  • During the quarter, Beijer Ref announced three more acquisitions: AAD & HVAC Consolidated (Australia), Transport Cooling SA (South Africa) and EID (France).
     
  • After the end of the period Beijer Ref acquired another company, Easy Air Conditioning (England).

 

Telephone conference Q3 2022

The company invites investors, analysts and the media to attend a telephone conference at which CEO Christopher Norbye and CFO Ulf Berghult will present the interim report for the third quarter of 2022. The presentation is held in English and lasts about 20 minutes. The meeting is on 20 October at 10.00 CET.

 

Audiocast & telekonferens

Webcast: https://financialhearings.com/event/43427

 

Teleconference: Dial-in-number:

SE: +46 8 566 42 695

UK: +44 333 300 92 62

US: +1 646 722 49 02

 

The presentation will also be available on the company’s website www.beijerref.com from 08.30 on 20 October.

 

Malmö, 20 October 2022

Beijer Ref AB (publ)

Christopher Norbye
CEO

 

For more information on this report, contact:

 

Christopher Norbye

CEO

+46 40-35 89 00

Ulf Berghult

CFO

+46 40-35 89 00

Niklas Willstrand

Corporate Communications Manager

+46 40-35 89 00

 

 

 

This disclosure contains information that Beijer Ref AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 20-10-2022 08:30 CET.

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