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Ferronordic GmbH Zum Laurenburger Hof 76 60549 Frankfurt am Main, Germany http://www.ferronordic.de
Contact Mr Erik Danemar +46 73 660 72 31
Company logo of Ferronordic GmbH
Ferronordic GmbH

Interim Report January - March 2021

Best first quarter to date

(PresseBox) (Offenbach, )
.

FIRST QUARTER 2021


Revenue increased by 13% to SEK 1,267m (SEK 1,118m)
Operating profit increased by 57% to SEK 80m (SEK 51m)
Operating margin increased to 6.3% (4.6%)
The result for the period increased by 176% to SEK 56m (SEK 20m)
Earnings per ordinary share amounted to SEK 3.85 (SEK 1.39)
Cash flows from operating activities amounted to SEK 91m (SEK 101m)


Lars Corneliusson, CEO Ferronordic, comments: "The first quarter of 2021 was another solid quarter, characterised by strong equipment sales in Russia/CIS, improving aftermarket sales in Germany and good profitability. In Russia/CIS, our new machine sales in units increased by 31% in a
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.