18.07.2016 08:25:00

Record Quarter for Inwido

Regulatory News:

Inwido (STO:INWI):

This information is such that Inwido AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted by the contact persons below for publication on Monday, 18 July 2016 at 7:46 a.m.

Inwido’s President and CEO Håkan Jeppsson comments on the second quarter of 2016:

Innovations (216(:

"At SEK 208 million (180), we are reporting an operating profit of more than SEK 200 million for an individual quarter for the first time. This was Inwido’s best quarter ever.”

"In line with the strong growth in earnings, the operating margin rose to 14.2 percent and sales increased by nearly 7 percent to SEK 1,470 million.”

"Order bookings increased by 12 percent, mainly within our most important segments and channels. Growth strengthened, primarily in Finland and Norway.”

"Acquisitions are fundamental to our growth strategy. So far in 2016, we have acquired companies that contribute annual sales of approx. SEK 800 million, two of them in Finland, one in Denmark. After the quarter, we also entered an acquisition agreement with CWG Choices in the UK.”

"We are continuing to work according to our plan with a predominance of sales in consumer-driven channels, to continuously review our structure to find potential additional efficiency enhancements and to work with both organic and acquisition-based growth.”

Read the entire press release in the pdf attached

About Inwido

Inwido is Europe’s largest supplier of windows and doors. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estonia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 3,400 employees and generated sales of slightly more than SEK 5.2 billion in 2015. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com

This information was brought to you by Cision http://news.cision.com

Analysen zu Inwido ABmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Inwido AB 198,20 0,56% Inwido AB