2021-10-29 | Regulatory Press Releases

Interim Report January-September 2021 - Heightened focus on buildings

Despite lower revenue, we are able to report earnings for the third quarter that are consistent with that of the previous year. Net revenue totalled SEK 194 million (219) and EBITA was SEK 1 million (2). For the nine-month period, net revenue was SEK 753 million (881), with EBITA of SEK 43 million (62), corresponding to an EBITA margin of 5.7 percent (7.1). Net revenue and EBITA have been impacted by previously implemented adjustments to market conditions.

Third quarter, 1 July–30 September 2021

  • Net revenue totalled SEK 193.6 million (219.5)
  • EBITA totalled SEK 0.9 million (2.3) and the EBITA margin was 0.5 percent (1.1)
  • EBIT totalled SEK –2.1 million (–2.5) and the operating margin was –1.1 percent (–1.1)
  • Earnings for the period totalled SEK –4.6 million (–3.1)
  • Earnings per share for the period amounted to SEK –0.19 (–0.13); there is no dilution effect
  • On 16 July, the Board updated the company’s financial targets; see separate press release on pe.se

1 January–30 September 2021

  • Net revenue totalled SEK 753.2 million (880.6)
  • EBITA totalled SEK 42.6 million (62.2) and the EBITA margin was 5.7 percent (7.1)
  • EBIT totalled SEK 32.6 million (51.7) and the operating margin was 4.3 percent (5.9)
  • Earnings for the period totalled SEK 17.0 million (31.0)
  • Earnings per share for the period amounted to SEK 0.70 (1.28); there is no dilution effect

You will find the full report here

Webcasted presentation:

At 09.00 CET there will be a webcasted conference call in which Helena Hed, President and CEO, and Peter Sandberg, CFO, will present the report. The presentation will be held in Swedish and it will be followed by a question and answer session.

Link to the webcast:
https://financialhearings.com/event/13515

 

This is a translation of the Swedish original. The Swedish text is the binding version and shall prevail in the event of any discrepancies.

This disclosure contains information that Projektengagemang is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-10-2021 07:30 CET.

 

Download pressrelease Download pressrelease