13.07.2015 11:13:00
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OEM: Interim Report Q2 2015
Regulatory News:
OEM (STO:OEMB)
Second quarter 2015
- Incoming orders rose 17 % till 545 MSEK (466)
- Net sales rose 20% to SEK 557 million (466)
- Operating profit (EBITA) rose 21% to SEK 56 million (46)
- Profit before tax rose 22% to SEK 49 million (40)
- Profit after tax rose 25% to SEK 38 million (31)
- Earnings per share were SEK 1.66 (1.33)
- Acquisition of Scannotec OY, Finland
January – June 2015
- Incoming orders rose 19% to SEK 1,131 million (952)
- Net sales rose 20% to SEK 1,120 million (932)
- Operating profit (EBITA) rose 28% to SEK 118 million (93)
- Profit before tax rose 29% to SEK 106 million (82)
- Profit after tax rose 31% to SEK 82 million (63)
- Earnings per share were SEK 3.56 (2.71)
One of Europe's leading technology trading companies with 31 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150713005501/en/
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