Borås, Sweden, 2014-08-29 09:00 CEST (GLOBE NEWSWIRE) -- Second quarter (April 2014 – June 2014)
- Net Sales amounted to SEK 111.7 million (119.5), down 6.5% compared with the preceding year.
- EBITDA amounted to SEK 11.3 million (12.9), reaching an EBITDA-margin of 10.1% (10.8).
- EBITDA was charged with nonrecurring costs of SEK 0.9 million (1.8). Accordingly adjusted EBITDA amounted to SEK 12.2 million (14.7), reaching an adjusted EBITDA margin of 10.9% (12.3).
- Adjusted EBITA amounted to SEK 6.0 million (7.5), reaching an EBITA-margin of 5.4% (6.3).
Six months (January 2014 – June 2014)
- Net Sales amounted to SEK 250.0 million (263.1), down 5.0% compared with the preceding year.
- EBITDA amounted to SEK 28.6 million (38.9), reaching an EBITDA-margin of 11.4% (14.8).
- EBITDA was charged with nonrecurring costs of SEK 2.6 million (1.8). Accordingly adjusted EBITDA amounted to SEK 31.2 million (40.7), reaching an adjusted EBITDA margin of 12.5% (15.5).
- Adjusted EBITA amounted to SEK 19.0 million (26.4), reaching an EBITA-margin of 7.6% (10.0).
| FINANCIAL INFORMATION IN SUMMARY | 3 months | 6 months | Full year | ||
| Apr-June | Jan-June | Jan-Dec | |||
| SEK million | 2014 | 2013 | 2014 | 2013 | 2013 |
| Net Sales | 111.7 | 119.5 | 250.0 | 263.1 | 530.1 |
| Reported EBITDA | 11.3 | 12.9 | 28.6 | 38.9 | 91.0 |
| Adj. EBITDA | 12.2 | 14.7 | 31.2 | 40.7 | 96.1 |
| Reported EBITA | 5.1 | 5.7 | 16.4 | 24.5 | 65.2 |
| Adj. EBITA | 6.0 | 7.5 | 19.0 | 26.4 | 70.2 |
| Operating profit / Reported EBIT | 1.9 | 4.2 | 11.5 | 21.7 | 56.1 |
| Reported EBITDA margin | 10.1% | 10.8% | 11.4% | 14.8% | 17.2% |
| Adj. EBITDA margin | 10.9% | 12.3% | 12.5% | 15.5% | 18.1% |
| Reported EBITA margin | 4.6% | 4.7% | 6.6% | 9.3% | 12.3% |
| Adj. EBITA margin | 5.4% | 6.3% | 7.6% | 10.0% | 13.2% |
Borås, August 29, 2014.
The 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
