Rejlers' Interim Report, January-March 2012
(Thomson Reuters ONE) -
Continued expansion and strong profit
January-March
* Revenue totalled SEK 329.4 million (276.8), an increase of 19 per cent
* Operating profit was SEK 31.7 million (27.6)
* Operating margin amounted to 9.6 per cent (10.0)
* Profit after tax was SEK 23.1 million (18.0)
* Earnings per share were SEK 2.04 (1.59)
* Acquisition in Finland with 70 employees
Statement from President and CEO Peter Rejler
The first quarter of 2012 has been characterized by continued strong growth. I
am happy to see that we do our best quarter ever. We are recruiting capable
employees at a healthy pace, while also making acquisitions and deals of
strategic importance.
Healthy order intake in all customer groups give us high hopes for a good first
six months 2012. Above all, I see that the energy industry has increased its
rate of investment in environmentally friendly and safe energy solutions. Demand
for expertise within the construction industry is continued high in metropolitan
areas. Despite the uncertainty in Europe, Sweden continues to make investments
in infrastructure and large parts of industry.
In the first quarter of 2012, Rejlers acquired Rambøll's energy and industrial
operations in Finland, with revenue of approximately EUR 5.5 million, as well as
70 employees. In Norway, Rejlers AS has signed an agreement for the takeover of
consultancy and service operations for mobile telephony at TeliaSonera, which
involves taking on nearly 40 employees.
It is pleasing to note that the demand for our services has grown constantly
over time. Rejlers signed several new framework agreements during the first
quarter, including with NetCom and the Norwegian National Rail Administration in
Norway. In Finland, we signed agreements with Foster Wheeler Energia Oy and the
Finnish Transport Agency.
Rejlers currently has approximately 1,500 employees. We have built a solid
platform in Sweden, Finland and Norway that gives us plenty of momentum toward
our 2015x3 goal. From now Eva Nygren is taking over after me as CEO of Rejlers.
I am convinced that Eva will do a great job and wish her all the best.
For further information, please contact:
Peter Rejler, President and CEO, tel. +46 (0)70 602 34 24, e-mail:
peter.rejler(at)rejlers.se
Lars Solin, Vice President and CFO, tel. +46 (0)73 386 15 20, e-mail:
lars.solin(at)rejlers.se
Rejlers is a Nordic group offering technical consultancy services in the fields
of electrical engineering, energy, mechanical engineering, automation,
electronics, IT and telecommunications. Rejlers' shares are listed on the Nasdaq
OMX Nordic Exchange.
Q1 2012 eng (pdf):
http://hugin.info/131990/R/1607998/510163.pdf
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Source: Rejlers via Thomson Reuters ONE
[HUG#1607998]
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Datum: 02.05.2012 - 10:00 Uhr
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