23.04.2015 14:07:00

OEM: Interim Report Q1 2015

Regulatory News:

OEM (STO:OEMB)

First quarter 2015

· Incoming orders rose 21% to SEK 586 million (486)

· Net sales rose 21% to SEK 563 million (466)

· Operating profit (EBITA) rose 34% to SEK 63 million (47)

· Profit before tax rose 36% to SEK 57 million (42)

· Profit after tax rose 37% to SEK 44 million (32)

· Earnings per share were SEK 1.90 (1.38)

· Acquisition of AB Ernst Hj Rydahl Bromsbandfabrik

One of Europe's leading technology trading companies with 30 operating entities in 14 countries

For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, family-owned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 300 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 25,000 products in the areas of electrical components, flow components, motors and transmissions, ball bearings and seals, appliance components and lighting. The Group has a customer base of more than 20,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

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

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