Skip to main content

Nilörn Interim Report Q4, 2024

Written by Customer Service on . Posted in Public Companies.

Period October – December

  • Order intake decreased by 7 percent to MSEK 238 (256)
  • Net sales in SEK increased by 14 percent to MSEK 232 (204)
  • Net sales adjusted for currency effects amounted to MSEK 230 (204), representing an underlying organic increase of 13 percent
  • Operating profit amounted to MSEK 19.5 (9.2)
  • Profit before tax amounted to MSEK 19.1 (7.2)
  • Net profit for the period amounted to MSEK 13.8 (5.7)
  • Earnings per share amounted to SEK 1.21 (0.50)

Period January – December

  • Order intake increased by 13 percent to MSEK 935 (828)
  • Net sales in SEK increased by 9 percent to MSEK 945 (870)
  • Net sales adjusted for currency effects amounted to MSEK 952 (870), representing an underlying organic increase of 9 percent
  • Operating profit amounted to MSEK 82.9 (63.0)
  • Profit before tax amounted to MSEK 78.0 (52.6)
  • Net profit for the period amounted to MSEK 58.9 (39.3)
  • Earnings per share amounted to SEK 5.17 (3.45)

Significant events during the quarter

  • The Board has decided to propose to the Annual General Meeting a dividend of MSEK 17.1 (11.4), equivalent to SEK 1.50 (1.00) per share.
  • The Board has decided to proceed with an investment in a new factory in Bangladesh, as well as the upgrade and expansion of production capacity at the Portugal factory. The estimated investment is MUSD 11 over two years.

A presentation will be held today 12/2 at 08.30 am CET, where the CEO presents the report. You can participate by register on the link below:

Registration Form

For further information about Nilörn, please contact: 
Krister Magnusson, CEO 
Tel: +46704-852 114. E-mail: krister.magnusson@nilorn.com

This information is information that Nilörngruppen is under obligation to publish in accordance with the EU Market Abuse Regulation and the Securities Markets Act. The information herein was provided by the contact person named below for publication at 08:00 a.m., 12 February 2025

General about Nilörn Group 
Nilörn is a leading global player in branding and design, founded in the 1970s. We specialize in creating added value for brands through innovative solutions in labels, packaging, and accessories, particularly tailored for the fashion and apparel industry.

With our extensive expertise, we offer customized concepts in branding, design, product development, and logistics solutions. Through digital initiatives like Nilörn:CONNECT along with a strong focus on sustainability and regulatory compliance, we strive to be a reliable partner for brands that value responsible and forward-thinking solutions.
Nilörn has an international presence with operations in Sweden, Denmark, the United Kingdom, Germany, Belgium, Portugal, Hong Kong, India, Turkey, China, Bangladesh, Italy, Switzerland, Vietnam, the USA, and Pakistan.

Attachments

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.