Interim report January-September 2021

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