Ballingslov International: Interim Report
Ballingsl?v International AB (publ) (STO:BALL):
Third quarter 2007 (Q 3)
? Net sales increased by 33 percent*) to SEK 693.6 M (520.3). Organic growth was
17 percent based on the Group’s current structure
? Net income for the period increased by 68 percent to SEK 44.0 M (26.2)
? Earnings per share increased by 68 percent and amounted to 4.10 (2.44)
? Operating income increased by 60 percent to SEK 70.3 M (44.0) corresponding to an operating margin of 10.1 percent (8.5)
? Cash flow from current operations amounted to SEK 76.5 M (34.9)
January-September 2007
? Net sales increased by 31 percent*) to SEK 2 143.5 M (1 641.9). Organic growth was 15 percent based on the Group’s current structure
? Net income for the period increased by 57 percent to SEK 159.1 M (101.5)
? Earnings per share increased by 57 percent and amounted to 14.83 (9.46)
? Operating income increased by 46 percent to SEK 235.2 M (160.7) corresponding to an operating margin of 11.0 percent (9.8)
? Cash flow from current operations amounted to SEK 167.7 M (112.7)
*) Geisler A/S was consolidated in the Group as from November 2006. 3BO A/S was consolidated in the Group as from January 2007
Ballingsl?v International AB is one of the leading manufacturers of kitchen and bathroom furniture and storage products in the Nordic countries and kitchen furniture in Great Britain. The products are sold under several strong and, in respective market, well-known trademarks, including Ballingsl?v, Kvik, JKE Design, dfi/Geisler, Multiform, 3BO and Paula Rosa. The Ballingsl?v Group has production facilities in Sweden, Denmark and in Great Britain with a turnover of app. MSEK 2 900 and 1 500 employees.
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