Borås, Sweden, 2013-03-28 09:00 CET (GLOBE NEWSWIRE) -- Fourth quarter (October 2012 – December 2012)
- Net Sales amounted to SEK 149.2 million (142.0), up 5.1% compared with the preceding year.
- EBITDA amounted to SEK 28.5 million (20.7), reaching an EBITDA-margin of 19.1% (14.6).
- EBITDA was charged with nonrecurring costs of SEK 3.4 million (0.4). Accordingly adjusted EBITDA amounted to SEK 31.9 million (21.1), reaching an EBITDA margin of 21.4% (14.9%).
- In December the Group refinanced the existing senior and junior debts through issuing of a bond loan of SEK 375 million and a new revolving credit facility. The bond loan has a framework amount of SEK 550 million.
Year to end (January 2012 – December 2012)
- Net Sales amounted to SEK 547.6 million (558.2), down 1.9% compared with the preceding year.
- EBITDA amounted to SEK 77.0 million (87.6), reaching an EBITDA-margin of 14.1% (15.7).
- EBITDA was charged with nonrecurring costs of SEK 18.3 million (5.1). Accordingly adjusted EBITDA amounted to SEK 95.3 million (92.7), reaching an EBITDA margin of 17.4% (16.6%).
| GROUP EARNINGS TREND (CONDENSED) | 3 months | 12 months | ||
| Oct-Dec | Jan-Dec | |||
| SEK million | 2012 | 2011 | 2012 | 2011 |
| Net Sales | 149.2 | 142.0 | 547.6 | 558,2 |
| Reported EBITDA | 28.5 | 20.7 | 77.0 | 87.6 |
| Adj. EBITDA | 31.9 | 21.1 | 95.3 | 92.7 |
| Reported EBITA | 21.2 | 14.7 | 43.9 | 62.1 |
| Adj. EBITA | 24.6 | 15.1 | 66.7 | 67.2 |
| Operating profit / Reported EBIT | 19.9 | 13.4 | 38.6 | 56.8 |
| Reported EBITDA margin | 19.1% | 14.6% | 14.1% | 15.7% |
| Adj. EBITDA margin | 21.3% | 14.8% | 17.4% | 16.6% |
| Reported EBITA margin | 14.2% | 11.1% | 8.0% | 11.1% |
| Adj. EBITA margin | 16.5% | 10.7% | 12.2% | 12.0% |
Borås, March 28, 2013.
Board of directors
Further information
Åke Stråberg, President and CEO.
Esko Österbacka, CFO.
WA WallVision AB
Ryssnäsgatan 8
PO Box 1
SE-501 13 Borås, Sweden
www.wallvision.se
+43 33 23 64 00