Interim report Q1 2016

Resource from: OEM International AB Likes:195

Apr 27,2016

First quarter 2016 · Incoming orders rose 4% to SEK 610 million (586) · Net sales rose 2% to SEK 574 million (563) · Operating profit (EBITA) was SEK 62 million (63) · Profit before tax was SEK 56 million (57) · Profit after tax was SEK 44 million (44) · Earnings per share were SEK 1.89 (1.90) For further information, please contact the Managing Director, Jörgen Zahlin, on +46 (0)75-242 40 22 or the Finance Director, Jan Cnattingius, on +46 (0)75-24240 03. One of Europe's leading technology trading companies with 33 operating entities in 14 countries For 40 years, OEM's idea has been to serve as a link that creates value between customers and manufacturers of industrial components and systems. Over the years, the company has grown from a small, family-owned business in Tranås in southern Sweden into an international technology trading group operating in 14 countries in northern Europe, Central Eastern Europe, the UK and China. OEM has partnerships with more than 300 leading and specialist manufacturers and is responsible for their sales in selected markets. Its range comprises more than 50,000 products in the areas of electrical components, flow technology, motors,transmissions and brakes, ball bearings and seals, appliance components and installation components. The Group has a customer base of more than 25,000 businesses, primarily in the manufacturing sector. The company's high level of expertise enables it to help customers increase purchasing efficiency and choose the right components.

(OEM International AB)

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