Borås, Sweden, 2016-11-30 09:00 CET (GLOBE NEWSWIRE) -- Third quarter (July 2016 – September 2016)
- Net Sales amounted to SEK 125.0 million (125.9), excluding exchange rate fluctuations net sales increased 3.2%.
- EBITDA amounted to SEK 13.1 million (20.0), reaching an EBITDA-margin of 10.5% (15.9).
- EBITDA was charged with nonrecurring costs of SEK 3.1 million (0.0). Accordingly adjusted EBITDA amounted to SEK 16.2 million (20.0), reaching an adjusted EBITDA margin of 13.0% (15.9).
- Adjusted EBITA amounted to SEK 11.3 million (14.4), reaching an EBITA-margin of 9.1% (11.5).
Nine months (January 2016 – September 2016)
- Net Sales amounted to SEK 380.8 million (390.2), down 2.4% compared with the preceding year. Excluding exchange rate fluctuations net sales increased 0.7%.
- EBITDA amounted to SEK 41.4 million (51.2), reaching an EBITDA-margin of 10.9% (13.1).
- EBITDA was charged with nonrecurring costs of SEK 3.4 million (0.0). Accordingly adjusted EBITDA amounted to SEK 44.8 million (51.2), reaching an adjusted EBITDA margin of 11.8% (13.1).
- Adjusted EBITA amounted to SEK 29.7 million (33.4), reaching an EBITA-margin of 7.8% (8.6).
| FINANCIAL INFORMATION IN SUMMARY | 3 months | 9 months | Full year | ||
| July-Sep | Jan-Sep | Jan-Dec | |||
| SEK million | 2016 | 2015 | 2016 | 2015 | 2015 |
| Net Sales | 125.0 | 125.9 | 380.8 | 390.2 | 528.4 |
| Reported EBITDA | 13.1 | 20.0 | 41.4 | 51.2 | 77.1 |
| Adj. EBITDA | 16.2 | 20.0 | 44.8 | 51.2 | 77.5 |
| Reported EBITA | 8.2 | 14.4 | 26.3 | 33.4 | 54.7 |
| Adj. EBITA | 11.3 | 14.4 | 29.7 | 33.4 | 55.1 |
| Operating profit / Reported EBIT | 5.8 | 11.9 | 18.9 | 25.9 | 44.7 |
| Reported EBITDA margin | 10.5% | 15.9% | 10.9% | 13.1% | 14.6% |
| Adj. EBITDA margin | 13.0% | 15.9% | 11.8% | 13.1% | 14.7% |
| Reported EBITA margin | 6.6% | 11.5% | 6.9% | 8.6% | 10.4% |
| Adj. EBITA margin | 9.1% | 11.5% | 7.8% | 8.6% | 10.4% |
Borås, November 30, 2016.
The Board of Directors
Further information
Olle Svensk, 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
