OEM: Interim report Q2 2016

Regulatory News:

Second quarter 2016

· Incoming orders rose 8% to SEK 591 million (545)

· Net sales rose 10% to SEK 612 million (557)

· Operating profit rose 26% to SEK 64 million (50)

· EBITA rose 22% to SEK 68 million (56)

· Profit before tax rose 29% to SEK 63 million (49)

· Profit after tax rose 29% to SEK 49 million (38)

· Earnings per share were SEK 2.12 (1.66)

January – June 2016

· Incoming orders rose 6% to SEK 1,200 million (1,131)

· Net sales rose 6% to SEK 1,185 million (1,120)

· Operating profit rose 12% to SEK 121 million (108)

· EBITA rose 10% to SEK 130 million (118)

· Profit before tax rose 13% to SEK 119 million (106)

· Profit after tax rose 13% to SEK 93 million (82)

· Earnings per share were SEK 4.01 (3.56)

One of Europe's leading technology trading companies with 33 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 50,000 products in the areas of electrical components, flow technology, motors, transmissions and brakes, ball bearings and seals, appliance components and installation components. The Group has a customer base of more than 25,000 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.

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