Orion Group Interim Report 1–9/2019

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

ORION CORPORATION     INTERIM REPORT 1-9/2019    JANUARY–SEPTEMBER 2019  
23 October 2019 at 12.00 EEST Orion Group Interim Report 1–9/2019Net sales in January–September 2019 totalled EUR 776 million
(EUR 715 million in January–September 2018).Operating profit was EUR 198 (184) million.Profit before taxes was EUR 196 (181) million.Net sales and operating profit include the EUR 45 million milestone payment received from Bayer.Equity ratio was 78% (69%).ROCE before taxes was 32% (50%).ROE after taxes was 28% (52%).Basic earnings per share were EUR 1.10 (1.02).Cash flow per share before financial items was EUR 1.28 (2.10).Financial objectives remain unchanged.Outlook remains unchanged. 

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