Interim report January-September 2021
STRENGTHENED MANAGEMENT AND POSITIVE TREND
July - September 2021
- Order bookings amounted to SEK 1,195 million (961)
- Income amounted to SEK 1,968 million (1,498)
- Operating profit amounted to SEK 25 million (loss 79)
- Cash flow from operating activities amounted to SEK 207 million (outflow 167)
- Cash flow for the period amounted to SEK 268 million (7)
- Profit for the period amounted to SEK 37 million (negative 66)
- The equity/assets ratio was 36.7 percent (33.2)
January – September 2021
- Order bookings amounted to SEK 4,595 million (5,787) and the order backlog was SEK 12,642 million (10,623)
- Income amounted to SEK 6,192 million (4,705)
- Operating profit amounted to SEK 164 million (loss 367)
- Cash flow from operating activities amounted to SEK 255 million (outflow 556)
- At the end of the period, available cash and cash equivalents totaled SEK 803 million (305)
- Profit for the period amounted to SEK 262 million (negative 286)
Michael Berglin, CEO Serneke Group, comments:
“Although the third quarter is normally weak in the industry, our third quarter profit of SEK 25 million (loss 79) was our best since 2017. Most gratifying in the quarter was that Serneke Sweden’s contracting operations reported profit of SEK 20 million, improving its earnings for the fifth consecutive quarter. While far from complacent, we do find strength in our hard work and discipline, primarily regarding the projects we undertake, also being reflected in the figures.”
“We are now taking the next step in the company’s development, recruiting four new members of Group Management. Kaia Eichler, Carole Lindmark, Johanna Rutberg and Mikael Hultqvist bring additional expertise and initiative, reinforcing the conditions for keeping our business sustainable in the long term. Management now aims to pick up the pace, increasing the effectiveness of our efforts towards stability and profitability.”
Presentation of the Interim Report for January-September 2021
On October 28, 2021 at 9:00 a.m. (CET), Serneke Group will comment on this Interim Report in a conference call with an online presentation for investors, analysts and the media. The presentation will be in Swedish and can be followed live via webcast at https://tv.streamfabriken.com/serneke-q3-2021. Presentation materials for the presentation will be available on the website one hour before the webcast begins.
To participate, please dial: +46 8 566 426 92
Anders Düring
- CFO
-
Send email
- Kvarnbergsgatan 2, 411 05 Göteborg
- +46(0)70-888 77 33
Current news
-
2/15/2022
Circus Lorensberg takes shape
Design proposals for Cirkus Lorensberg have now been selected. The proposal from the OKK+/Sandellsan...;
-
2/7/2022
Serneke to construct Havotek for H22 City Expo
Havotek will be a sustainable and urban meeting place and educational center for all who are curious...;
-
2/3/2022
Serneke constructs central kitchen in Trollhättan
Serneke and Kraftstaden Fastigheter AB in Trollhättan have signed a turnkey contract for the constru...;
-
1/19/2022
Serneke to construct 28 terraced houses in Allarp
Serneke and Högkvarteret Förvaltning och Projektutveckling AB have signed a turnkey contract for the...;
-
12/13/2021
Serneke and Specialfastigheter are taking the next step in developing Sagsjön women’s correctional facility in Lindome
Serneke and Specialfastigheter have now reached phase two of their partnership to develop the Sagsjö...;
-
11/25/2021
Serneke divests Florist project in Uppsala
Serneke has sold the Florist housing project in Rosendal, Uppsala, to Lansa Fastigheter. The agreeme...;
Press releases
-
5/23/2022
Serneke confirms early redemption of outstanding bonds with a total nominal amount of SEK 500 million
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (...
-
5/5/2022
Serneke uses its right to conditional early redemption of outstanding bonds with a total nominal amount of SEK 500 million
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (...
-
5/5/2022
Interim report January-March 2022
A STABLE START TO THE YEAR January-March 2022 Order bookings amounted to SEK 1,837 million (1,179)...