Alimak Group: Interim Report for January-September 2016

Profitable growth in Q3

  · Operating margin (EBIT adj.) 15.4% (15.2)
  · Increased order intake +6%, driven by Construction Equipment
  · Operating margin (EBIT adj.) for After Sales 32.4% (29.5)
Third quarter

  · Order intake increased by 6% to 512.5 MSEK (484.6). In local currencies, the
increase was 7%.
  · Revenues increased by 9% to 471.4 MSEK (434.4). In local currencies, the
increase was 9%.
  · Reported operating profit (EBIT) was 79.6 MSEK (66.1) and includes gains of
6.9 MSEK from the sale of the Rental business in the US.
  · Reported operating margin (EBIT percentage) was 16.9% (15.2).
  · Operating profit (EBIT adj.) before items affecting comparability totalled
72.7 MSEK (66.1).
  · Operating margin (EBIT adj. percentage) before items affecting comparability
was 15.4% (15.2).
  · Profit after tax was 51.2 MSEK (36.2).
  · Earnings per share was 1.18 SEK (0.84).
  · Cash flow from operating activities dropped to -7.6 MSEK (66.6).

January-September 2016

  · Order intake declined by 3% to 1,625.1 MSEK (1,683.4). In local currencies,
the decrease was 5%.
  · Revenues increased to 1,451.2 MSEK (1,448.8). In local currencies, the
increase was 2%.
  · Reported operating profit (EBIT) was 231.7 MSEK (191.8) and includes gains
of 6.9 MSEK from the sale of the Rental business in the US. Profit in the
comparative period included 54.1 MSEK in non-recurring expenses related to the
IPO and refinancing.
  · Reported operating margin (EBIT percentage) was 16.0% (13.2).
  · Operating profit (EBIT adj.) before items affecting comparability totalled
224.9 MSEK (245.9).
  · Operating margin (EBIT adj. percentage) before items affecting comparability
was 15.5% (17.0).
  · Earnings per share was 3.36 SEK (1.45).
  · Cash flow from operating activities dropped to 89.5 MSEK (121.4).

Telephone conference / Audiocast

A telephone conference will be held on Friday 28 October at 10.00 CET. CEO
Tormod Gunleiksrud and CFO Stefan Rinaldo will present and comment on the
report.

  · SE: +46856642699
  · UK: +44 2030089807


The presentation can also be followed via webcast

https://wonderland.videosync.fi/2016-10-28-alimak-group-q3-report

For more information, please contact:

Sofia Wretman, Head of Communications and IR, telephone: +46 (0)8–402 14 40

This information in this release is such that Alimak Group AB is obliged to make
public pursuant to the EU Market Abuse Regulation and the Securities Markets
Act. The information was submitted for publication, through the agency of the
contact person set out above, at 08.00 CET on 28 October, 2016.

Alimak Group

Alimak is a world-leading supplier of elevators, platforms and after-market
service for the industrial and construction sectors. The Group has manufacturing
operations in Sweden and China and a sales and servicing network in more than 90
countries supplying and maintaining vertical access solutions. At present there
are more than 22,000 elevators and platforms installed globally. Alimak was
established in Skellefteå in 1948 and has 1,200 employees around the world. The
Group is listed on Nasdaq Stockholm. www.alimakgroup.com