OEM: Interim Report Q3 2014

TRANÅS, Sweden--()--Regulatory News:

OEM (STO:OEMB)

Third quarter 2014

· Incoming orders increased by 16 % to MSEK 453 (390)

· Net turnover increased by 15 % to MSEK 448 (389)

· Earnings before amortization of intangible assets attributable to acquisitions (EBITA) increased by 9 % to MSEK 54 (49) representing an EBITA-margin of 12 % (13)

· Profit before tax increased by 9 % to MSEK 48 (44)

· Profit after tax increased by 14 % to MSEK 38 (33)

· Profit per share amounted to SEK 1.65 (1.45)

· Acquisition of Scanding A/S in Denmark

January - September 2014

· Incoming orders increased by 14 % to MSEK 1 405 (1 229)

· Net turnover increased by 11 % to MSEK 1 380 (1 241)

· Earnings before amortization of intangible assets attributable to acquisitions (EBITA) increased by 11 % to MSEK 146 (131) representing an EBITA-margin of 11 % (11)

· Profit before tax increased by 10 % to MSEK 130 (118)

· Profit after tax increased by 13 % to MSEK 101 (89)

· Profit per share amounted to SEK 4.36 (3.86)

One of Europe’s leading technology trading companies with 29 operating entities in 14 countries.

For 40 years OEM has aspired to become a creative link between customers and manufacturers of industrial components and systems. On the way the company has grown from a small family-owned business from Tranås in southern Sweden into an international technology trading company operating in 14 countries is northern Europe, Central Eastern Europe, the UK and China. OEM cooperates with over 300 leading and specialist manufacturers, and is responsible for their sales in selected markets. The product range consists of more than 25,000 items in the field of electrical components, flow components, motors and transmissions, ball bearings and seals, appliance components and lighting. The Group has over 20,000 customers, primarily within the manufacturing industry. The company possesses the requisite cutting-edge competence to help customers improve their purchasing efficiency and to select the right components.

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Contacts

OEM
Jörgen Zahlin
Chief Executive Officer
075-242 40 22
or
Jan Cnattingius
Chief Financial Officer
075-242 40 03

Contacts

OEM
Jörgen Zahlin
Chief Executive Officer
075-242 40 22
or
Jan Cnattingius
Chief Financial Officer
075-242 40 03