Interim report January-June 2018

Published11 Jul 2018

APRIL-JUNE 2018

  • Net sales amounted to SEK 1,554 million (1,552)
  • Operating profit amounted to SEK 83 million (99)
  • Profit after financial items amounted to SEK 64 million (84)
  • Profit after tax amounted to SEK 45 million (64)
  • Earnings per share amounted to SEK 0.43 (0.59)
  • Cash flow from operating activities amounted to SEK 136 million (127)
  • The company’s net debt was SEK 2,175 million (1,943)

JANUARY-JUNE 2018

  • Net sales amounted to SEK 3,035 million (3,072)
  • Operating profit amounted to SEK 173 million (210)
  • Profit after financial items amounted to SEK 139 million (183)
  • Profit after tax amounted to SEK 101 million (138)
  • Earnings per share amounted to SEK 0.94 (1.29)
  • Cash flow from operating activities amounted to SEK 246 million (99)
  • The company’s net debt was SEK 2,175 million (1,943)

IMPORTANT EVENTS JANUARY-JUNE 2018

  • Agreement entered with one of Sweden’s fastest growing low price chain for delivery of shop concepts.
  • Agreement entered into regarding delivery of digital systems in Spain.
  • During Q1 2018 the Group has been positively impacted with a net effect of SEK 15 million due in part to the sale of a property and structuring work in Belgium. During Q2 2018, final negotiations have taken place regarding the purchase sum for La Fortezza, which has had a positive impact on profit of SEK 14 million.
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For further information, please contact:

ITAB Shop Concept AB 
CEO  Ulf Rostedt 
Phone:  46 36 31 73 00
Mobile:  46 70 694 86 82

Box 9054, SE-550 09 JÖNKÖPING, SWEDEN    
Telefon: 46 [0]36 31 73 00
www.itab.com, www.itabgroup.com

ITAB Shop Concept AB sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems and digital solutions for the physical store. 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 approximately 3,500 employees and had 2017 a turnover of SEK 6,381 million. ITAB B-share is listed on the Nasdaq Stockholm.