Interim report January-March 2020
Regulatory Information 2020-04-28
This is information that Ratos AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.00 CET on 28 April 2020.
Improved operating profit and continued favourable growth in the first quarter
- Net sales for Ratos’s business areas increased by 7%, of which 10% comprised organic growth, and amounted to SEK 5,584m (5,210)
- EBITA for Ratos’s business areas amounted to SEK 107m (75)
- Operating profit for the Ratos Group amounted to SEK 61m (27)
- Net cash in the parent company totalled SEK 1,391m
- Diluted earnings per share amounted to SEK -0.38 (-0.35)
At 10.00 CET a telephone conference will be held, participant connection: UK: +44 33 3300 9264, SE: +46 8 505 583 74, US: +1 833 249 8405. The telephone conference will be webcasted live at www.ratos.se where presentation material also is available. The telephone conference will be recorded and available at www.ratos.se.
Stockholm 28 April 2020
For further information, please contact:
Jonas Wiström, CEO, +46 8 700 17 00
Jonas Ågrup, Acting CFO, +46 8 700 17 00
Helene Gustafsson, Head of IR & Press, +46 8 700 17 98, firstname.lastname@example.org
Ratos is a business group consisting of 12 companies divided into three business areas: Consumer & Technology, Construction & Services and Industry. In total, the companies have SEK 38 billion in sales and EBITA of SEK 1.8 billion. Our business concept is to develop mid-sized companies headquartered in the Nordics that are or can become market leaders. We enable independent mid-sized companies to excel by being part of something larger. A focus on people and leadership, culture and values are key components of Ratos. Everything we do is based on Ratos’s core values: Simplicity, Speed in Execution and It’s All About People.