ITAB - Interim report January-September 2016

Interim report January-September 2016

11/2/2016 12:00:00 PM

 

January – September 2016

  • Income amounted to SEK 3,651 million (3,839)
  • Operating profit amounted to SEK 318 million (386)
  • Profit after financial items amounted to SEK 303 million (362)
  • Profit after tax amounted to SEK 230 million (275)
  • Earnings per share amounted to SEK 2.15 (2.51)
  • Cash flow from operating activities amounted to SEK 152 million (168)
  • The company's net debt was SEK 1,164 million (918)

 

July – September 2016

  • Income amounted to SEK 1,353 million (1,389)
  • Operating profit amounted to SEK 147 million (168)
  • Profit after financial items amounted to SEK 143 million (157)
  • Profit after tax amounted to SEK 108 million (119)
  • Earnings per share amounted to SEK 1.01 (1.10)
  • Cash flow from operating activities amounted to SEK 58 million (113)
  • The company's net debt was SEK 1,164 million (918)

 

Important events

  • ITAB has acquired Pikval Group in Finland, MB Shop Design in Hillerstorp, Sweden and LICHTSPIEL Lichtprojekte und Design GmbH in Germany
  • ITAB delivers a test installation of the self-checkout system EasyFlow to a major grocery chain in the US
  • 3:1 split of shares in ITAB
  • ITAB's convertible oversubscribed

 

Important events after the period

  • ITAB receive customary approval for the acquisition of La Fortezza Group with head office in Italy

 

Interim report January-September 2016

 

The information provided is such that ITAB Shop Concept AB (publ) shall publish in accordance with the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. This information was submitted for publication in swedish at 12:00 p.m. 2th of November 2016.

 

For further information, please contact:

ITAB Shop Concept AB 
CEO Ulf Rostedt 
Telephone: +46 36 31 73 00
Mobile: 0706-948682

 

 ITAB Shop Concept AB sells, develops, manufactures and installs complete shopfitting 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 after the acquisition approximately 3,600 employees and a will have a yearly turnover of SEK 6 500 million. ITAB B-share is listed on the Nasdaq Stockholm.