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Home > News > Fastener News > Year-end report 2015 of Bufab Group

Year-end report 2015 of Bufab Group

By Bufab Group , 2016-03-02 09:00:23

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Good growth and improved operating profit. Acquisition of Apex Stainless Fasteners Ltd.

Fourth quarter 2015

  • Net sales rose by 15 percent to SEK 612 million (532). Adjusted for currency effects and acquisitions, net sales increased by 4 percent.

  • Order intake exceeded net sales.

  • Operating profit amounted to SEK 38 million (33) and was charged with acquisition costs of SEK 6 million.

  • Earnings per share amounted to SEK 0.49 (0.51).

  • Acquisition of Apex Stainless Fasteners Ltd, UK, with annual net sales of about SEK 300 million.

Full-year 2015

  • Net sales rose by 12 percent to SEK 2,458 million (2,198). Adjusted for currency effects and acquisitions, net sales increased 3 percent.

  • Order intake exceeded net sales.

  • Adjusted operating profit amounted to SEK 197 million (192) and was charged with acquisition costs of SEK 8 million.

  • Earnings per share amounted to SEK 3.27 (2.94).

  • The Board proposes an increase in dividends for 2015 to SEK 1.70 (1.50) per share.


THE GROUP IN BRIEF

 

Quarter 4

 D

Jan-Dec

D

SEK millions

2015

2014

%

2015

2014

%

Order intake

618

533

16

2,463

2,195

12

Net sales

612

532

15

2,458

2,198

12

Gross profit

167

150

12

677

641

6

Gross margin, %

27.4

28.1

 

27.5

29.2

 

Operating profit

38

33

15

197

174

13

Operating margin, %

6.2

6.2

 

8.0

7.9

 

Adjusted operating profit

38

33

15

197

192

2

Adjusted operating margin, %

6.2

6.2

 

8.0

8.7

 

Profit after tax

19

20

-5

125

112

11

Earnings per share

0.49

0.51

-5

3.27

2.94

11


 

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