Day: August 18, 2022

Continued good demand but also severe materials and component shortages. One-off expenses from winding up the Russian operations and a one-off gain from the divestment of an additional 26% of the shares in Schulthess. Sales rose by 25.9% to SEK 18,405 million (SEK 14,621 million)  Profit after net financial items amounted to SEK 2,453 million (SEK 2,004 million)  Earnings per share amounted to SEK 0.93 (SEK 0.76)  One-off expenses of SEK 114 million from winding up Russian operations  One-off gain of SEK 232 million from the divestment of an additional 26% of the shares in Schulthess Maschinen AG of Switzerland  Acquisitions of Argoclima of Italy and Pacific Energy of Canada (after the end of the period)“Demand remained strong in all three business areas in the first half of the year and, as before, we see three reasons for this. Our...

24 percent growth in the first half of the year January 1–June 30, 2022Net sales amounted to MSEK 1,188 (868). Adjusted for changes in foreign exchange rates, sales increased 24 percent, of which 21 percent was organic. Operating profit (EBITA) increased 36 percent to MSEK 168 (124). The operating margin (EBITA margin) was 14.2 percent (14.2). Profit after tax increased 36 percent to MSEK 96 (71). Earnings per share increased 36 percent to SEK 4.97 (3.66).Second quarter 2022Net sales amounted to MSEK 664 (480). Adjusted for changes in foreign exchange rates, sales increased 24 percent. Operating profit (EBITA) increased 36 percent to MSEK 112 (82). The operating margin (EBITA margin) was 16.8 percent (17.1). Profit after tax increased 36 percent to MSEK 68 (50). Earnings per share increased 35 percent to SEK 3.49 (2.58).CEO comments,...

Today, the Board of Directors of H+H International A/S (hereinafter referred to as “H+H” or “the Company”) has adopted the Interim Financial Report for the second quarter (“Q2 2022”) and the first six months of 2022 (“H1 2022”). CHIEF EXECUTIVE OFFICER MICHAEL T. ANDERSEN QUOTE “This was an exceptionally strong quarter for H+H fuelled by continued high activity and customer demand. I am pleased with the solid performance across the business in the first half of 2022, which demonstrates our continued ability to negotiate sales price increases with customers to offset the continued inflationary pressure. While the current macroeconomic landscape is clearly causing uncertainties and is expected to weigh on future construction activity, we maintain our financial expectations for the full year. Our focus will remain on delivering strong operational...

Dovre Group Plc         Half-year financial statement         August 18, 2022 at 8.45 a.m. DOVRE GROUP’S HALF-YEAR FINANCIAL REPORT 1.1.–30.6.2022: DOVRE CONTINUED ITS STRONG PROFITABLE GROWTH IN H1 2022 The figures presented in this half-year financial report are not audited. Last year’s corresponding period in parentheses. Renewable Energy segment, consisting of the operations of the windmill park construction and construction design company Suvic Oy is fully consolidated in the Group’s financial statements from 1 April 2021 onwards. The non-controlling interest (49%) is presented as a separate line item in the income statements and balance sheet. April–June 2022Net sales grew organically by 38.4% to EUR 47.3 (34.2) million mainly as a result of the strong growth in the Renewable Energy and Project Personnel businesses.Project Personnel:...

Company announcement August 18, 2022Announcement No. 11/2022 Nilfisk reports Q2 2022 results: Momentum continued with reported growth at 5.5%, primarily driven by 9.4% organic growth in Europe for our Professional Business Nilfisk, a leading global provider of professional cleaning products and services, reported its Q2 2022 results today. Commenting on the results, Torsten Türling, CEO of Nilfisk, said: “Nilfisk continued the positive development from the first quarter of 2022, with higher revenue and solid growth momentum in the Professional Business. Revenue growth for the second quarter was driven primarily by solid performance within Europe Professional.  Americas also managed to grow revenue in the second quarter, despite being challenged by the destruction of our US Distribution Center by a tornado end-March. We were able to achieve...