Bulten’s Q3 Report 2016

THIRD QUARTER
•Net sales reached SEK 601 million, down -2.7 % on the same period last year.
•Operating earnings (EBIT) were SEK 39 million, which corresponds to an operating margin of 6.5%.
•Earnings after tax were SEK 30 million.
•Order bookings amounted to SEK 602 million, a decrease of -7.7% on the same period last year.
•Cash flow from operating activities was SEK 55 million.
•Earnings per share were SEK 1.50.
•Bulten has taken a decision to invest around EUR 2.8 million in a new surface treatment line at its production unit in Germany.

JANUARY - SEPTEMBER
•Net sales reached SEK 2,002 million, down 1.2% on the same period last year.
•Operating earnings (EBIT) were SEK 148 million, which corresponds to an operating margin of 7.4%.
•Earnings after tax were SEK 109 million.
•Order bookings amounted to SEK 1,973 million, a decrease of 1.4% on the same period last year.
•Cash flow from operating activities was SEK 228 million.
•Earnings per share were SEK 5.45.
•Net debt was SEK 63 million and the equity/assets ratio at the end of the period was 68.1%.