Year-end Report Rejlers AB 2014 Improved profitability in

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Feb 9, 2015 at 2:15 AM

Year-end Report Rejlers AB 2014

Improved profitability in the fourth quarter Fourth quarter » Revenue increased by 12 per cent to SEK 464.1 million (414.9) » Operating profit was SEK 32.5 million (10.4) » The operating margin amounted to 7.0 per cent (2.5) » Profit after tax was SEK 24.7 million (7.4) » Earnings per share before dilution were SEK 2.01 (0.65) » Diluted earnings per share were SEK 2.01 (0.65) January–December » Revenue increased by 17 per cent to SEK 1,711.5 million (1,464.7) » Operating profit was SEK 48.6 million (66.0) » The operating margin amounted to 2.8 per cent (4.5) » Profit after tax was SEK 33.9 million (50.7) » Earnings per share before dilution were SEK 2.78 (4.45) » Diluted earnings per share were SEK 2.75 (4.44) » The Board proposes an unchanged dividend of SEK 2.00 per share (2.00) Statement from President and CEO Peter Rejler Compared to last year, Rejlers showed growth of 12 per cent over the quarter, 7 per cent of which came through organic growth. The fourth quarter shows improved profitability in line with our target of an 8 per cent operating margin over the course of a business cycle. The improvement in profit is mainly due to a greater volume of orders in Sweden and Finland compared to the previous year. Due to strong cash flow, we have an unchanged dividend. I believe we will see a positive trend for Rejlers’ services in 2015. The infrastructure and energy market is maintaining a high level of investment, and the market situation is good for construction investments in cities. We are also seeing signs of the industrial market stabilising. Recruitment is a priority area for meeting the demand for our services. In Sweden, this demand has risen, especially within telecommunications and the energy sector. In the second half of the year we restructured operations in Sweden, which temporarily led to a lower level of organic growth. In Finland, our volume of orders has improved signifi-cantly despite the weak economy. We have focused on adapting our operations to profitable areas and developed new services to meet the needs of the market. We see good opportunities for continued growth in the area of infrastructure and energy, and we have won new industrial assignments. In Norway, we have started to see the effects of the programmes of measures and the restructuring implemented successively in 2014. We do, however, need to increase the volume of orders and further canvass the market in order to achieve satisfactory profitability in Norway. I now have many building blocks in place, and it is in-spiring to develop operations together with my employees. There are favorable conditions to grow in areas with good profitability, and I expect that we will reach our previous growth target 3x2015. We will achieve our new growth target 2020-3030-4040 by being the most successful and healthy company in our industry in the Nordic region. For further information: Peter Rejler, President and CEO, tel. +46 (0)70 602 34 24, e-mail: peter.rejler@rejlers.se Mats Åström, CFO, tel. +46 (0)72 050 22 40, e-mail: mats.astrom@rejlers.se Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland and Norway. In 2014, Rejlers had revenue of SEK 1.7 billion and its Class B share is listed on the Nordic list of Nasdaq OMX.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Navigating Braces vs. Invisalign: Key Considerations

Choice Between Braces and Invisalign Isn't Straightforward When you're pondering over whether to go with braces or Invisalign, it ain't just a choice you make lightly over coffee. It's a nuanced decision that hinges on a multitude of factors as highlighted by orthodontic experts Dr. Erik Higginbottom and Dr. Kyle Higginbottom from Easton, MD, featured in HelloNation's...

Coastal Financial Faces Lawsuit Over Fraud Allegations

Coastal Financial Corporation, riding high on NASDAQ as CCB, now finds itself in the middle of a storm. Schall, Brown & Schwartz LLP, a firm known for its shareholder rights litigation, has thrown the gauntlet with a class action lawsuit against Coastal for suspected securities violations. We're talking about potential fibs under Section 10(b) and 20(a) of the Securities...

Solvang Teamsters Triumph in Labor Standoff

Solvang Strikers Prevail with New Deal Staring down the barrel of a five-week standoff, the hard-nosed workers of Solvang just proved exactly what grit can get you. The City of Solvang and the steadfast members of Teamsters Local 986 wrapped up their punchy back-and-forth by clinching a contract that ups the ante on wages and job respect. For a bunch who stuck it out on...

AI-Designed Antivirals: A Brave New World

Pushing the Boundaries with AI in Drug Discovery It seems some smart folks over in South Korea are giving the pharma game a fresh twist, pitting artificial intelligence against viral invaders in a newfangled brawl. Professors from Korea University have managed to blend AI's computing prowess with good ol' lab doggedness to sniff out potential antiviral compounds. The...

Revolutionizing Talent Matching with Match2's Latest Upgrades In the churn of today's recruiting jungle, candidates and employers have been grappling with disjointed systems and outdated approaches. Well, Match2 is cutting through that noise with some hefty upgrades. It's got some new toys in the shed—specifically, a beefed-up Universal Candidate Profile™ and an...

Veteran Team Fuels Misunderstood Brands' Bold Expansion

Adding Heavyweights to Catalyze Growth Imagine you're Misunderstood Brands, prepping your artillery before charging into the battleground of national chains. What do you do? You double down strategically by rallying the best industry minds around. Announced on October 15, 2026, this company's concocted a dream team of beverage veterans as they steer their products—like...

Venue Two Eleven: Historic Charm Meets Modern Events

Welcome To Venue Two Eleven: Where History Meets Modernity Alright, folks. Let’s talk about Venue Two Eleven—a new joint in town that’s blending the old with the new in a way that’s got me raising an eyebrow and maybe even sipping my coffee a little slower. Nestled in the Museum of the Oregon Territory, this place is pulling double duty as both a window to the...

Firmable's Tech Intelligence: New Edge in B2B Sales

New Era for B2B Sales Teams Once again, the B2B sales landscape is getting a jolt—especially for those who’ve been fumbling in the dark pitching to prospects without any real idea of their tech environment. With the introduction of Firmable's Tech Intelligence, those blind days just got a lot brighter. By offering detailed insights into what technologies a company is...

TilePix Expands into Walmart with Nail-Free Decor Launch

TilePix Makes Big Moves with Walmart TilePix is launching their new line of nail-free wall décor at Walmart—this ain’t your grandma’s wall art. This company's bringing their magnetic, nail-free wizardry to retail stores nationwide for the first time, and they’ve chosen a real heavyweight partner—Walmart. What comes in the package? Well, they’re dealing in...

CMS Proposal Sparks Controversy in Lab Certification

A New Contender in the Battle Over Lab Standards Here's what’s heating up in the realm of clinical laboratories: A proposed shift by the Centers for Medicare & Medicaid Services (CMS) that reeks of cutting corners, if you ask the folks at the Association for Diagnostics & Laboratory Medicine (ADLM). They’re banging the drums against CMS's idea to nix the board...