ITAB - Year-end report January-December 2014

Year-end report January-December 2014

2/4/2015 2:52:11 PM

IMPORTANT EVENTS

  • ITAB supplies the EasyFlow self-checkout system to Lidl
  • ITAB has through subsidiary reached agreement with Dressmann regarding the supply of complete shop concepts
  • ITAB's convertible heavily oversubscribed
  • Through subsidiaries, ITAB has acquired the bankrupt estate of New Store Europe Norway, Sweden, Netherlands and acquired New Store Europe Denmark
  • ITAB has entered into a framework agreement with EDEKA in Germany regarding self-checkout solutions
  • Through subsidiaries, ITAB has acquired Eurolys i Norway, Profile Lighting in UK and 51 per cent of Reklamepartner in Norway

 

IMPORTANT EVENTS AFTER THE END OF THE PERIOD

  • ITAB has acquired JPD in Latvia

 

JANUARY - DECEMBER 2014

  • Sales amounted to SEK 3,937.6 million (3,574.0)
  • Operating profit amounted to SEK 325.4 million (245.8)
  • Profit after financial items amounted to SEK 288.1 million (217.1)
  • Profit after tax amounted to SEK 217.8 million (162.2)
  • Earnings per share amounted to SEK 6.03 (4.49)
  • Cash flow from operating activities was SEK 277.3 million (136.7)
  • Net debt amounted to SEK 880 million (890)
  • The Board proposes a dividend of SEK 2.50 per share (1.50)

 

OKTOBER - DECEMBER 2014

  • Sales amounted to SEK 1,151.3 million (1,000.2)
  • Operating profit amounted to SEK 103.9 million (76.3)
  • Profit after financial items amounted to SEK 92.5 million (66.6)

 

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The information is such information that ITAB Shop Concept AB (publ) shall publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was published at 12.30 p.m. 4th of February 2015.

For further information, please contact:
CEO, Ulf Rostedt
Tel: +46 36 31 73 00
Cellphone: +46 70 694 86 82

ITAB Shop Concept AB is listed on the OMX Nordic Exchange and sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest suppliers of shop fitting concepts and lighting systems. The group has approximately 2,750 employees and a turnover of SEK 3,938 million in 2014.