NASDAQ OMX

Velcora Holding AB (publ) announces its quarterly report for the period 1 January 2016 - 31 March 2016

Dela

Summary of the quarter

  • Challenging market for customers within marine segment affecting sales, to some degree offsetting favorable trading in other applications.
  • Unfavorable development of FX during Q1, partly mitigated by FX hedge.
  • Order intake for Q1 are up 23% for Steridose and 8% for Seals & Melkerhed y-o-y

Q1-income statement in brief:

All figures in MSEK
IFRS
 

Q1 2016
 

Q1 2015[1]
Sales 75.8 76.8
EBITDA 21.4 14.8
Depreciations -0.5 -0.4
EBITA 20.9 14.3
Amortizations -12.6 -0.3
EBIT 8.3 14.1
Net income -7.2 11.4
Adjusted EBITDA  21.8 23.8

Due to changes in group structure, figures are not totally comparable.

For further information and the full quarterly report, visit www.velcora.se or contact:

Richard Tuck
CEO
Velcora Holding AB (publ)
Box 120
147 22 Tumba
Tel +46 708 78 43 01
www.velcora.se
richard.tuck@roplan.com

This information is such that Velcora Holding AB (publ) is obliged to disclose in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 3 May 2016.
                                               
[1] Comparison figures from 2015 refers to Roplan Holding Group prepared on a pro forma basis




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Velcora Holding AB via Globenewswire

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