Borås, Sweden, 2016-08-26 09:00 CEST (GLOBE NEWSWIRE) -- Second quarter (April 2016 – June 2016)
- Net Sales amounted to SEK 119.2 million (120.8), excluding exchange rate fluctuations net sales increased 2.3%.
- EBITDA amounted to SEK 11.9 million (12.1), reaching an EBITDA-margin of 10.0% (10.0).
- EBITDA was charged with nonrecurring costs of SEK 0.4 million (0.0). Accordingly adjusted EBITDA amounted to SEK 12.3 million (12.1), reaching an adjusted EBITDA margin of 10.3% (10.0).
- Adjusted EBITA amounted to SEK 7.5 million (5.8), reaching an EBITA-margin of 6.3% (4.8).
Six months (January 2016 – June 2016)
- Net Sales amounted to SEK 255.8 million (264.3), down 3.2% compared with the preceding year. Excluding exchange rate fluctuations net sales decreased 0.5%.
- EBITDA amounted to SEK 28.2 million (31.1), reaching an EBITDA-margin of 11.0% (11.8).
- EBITDA was charged with nonrecurring costs of SEK 0.4 million (0.0). Accordingly adjusted EBITDA amounted to SEK 28.6 million (31.1), reaching an adjusted EBITDA margin of 11.2% (11.8).
- Adjusted EBITA amounted to SEK 18.4 million (19.0), reaching an EBITA-margin of 7.2% (7.2).
| FINANCIAL INFORMATION IN SUMMARY | 3 months | 6 months | Full year | ||
| Apr-June | Jan-June | Jan-Dec | |||
| SEK million | 2016 | 2015 | 2016 | 2015 | 2015 |
| Net Sales | 119.2 | 120.8 | 255.8 | 264.3 | 528.4 |
| Reported EBITDA | 11.9 | 12.1 | 28.2 | 31.1 | 77.1 |
| Adj. EBITDA | 12.3 | 12.1 | 28.6 | 31.1 | 77.5 |
| Reported EBITA | 7.1 | 5.8 | 18.0 | 19.0 | 54.7 |
| Adj. EBITA | 7.5 | 5.8 | 18.4 | 19.0 | 55.1 |
| Operating profit / Reported EBIT | 4.6 | 3.3 | 13.1 | 14.0 | 44.7 |
| Reported EBITDA margin | 10.0% | 10.0% | 11.0% | 11.8% | 14.6% |
| Adj. EBITDA margin | 10.3% | 10.0% | 11.2% | 11.8% | 14.7% |
| Reported EBITA margin | 6.0% | 4.8% | 7.0% | 7.2% | 10.4% |
| Adj. EBITA margin | 6.3% | 4.8% | 7.2% | 7.2% | 10.4% |
Borås, August 26, 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
