Beijer Ref AB: Eventful year ends with record cash flow

"In summary, we closed an eventful 2023 in which we grew sales by 42 per cent and EBITA, excluding items affecting comparability, by 53 per cent. Sales during the quarter amounted to SEK 7,627 million, which is an increase of 31 per cent compared with the corresponding period the previous year. EBITA before items affecting comparability amounted to SEK 721 million, which is an increase of 26 per cent compared to the corresponding period the previous year. The EBITA margin, excluding items affecting comparability, was 9.5 per cent compared with 9.8 per cent the previous year. There was a negative effect on EBITA during the quarter caused by high acquisition-related costs of approximately SEK 25 million," says CEO Christopher Norbye.

Webcast and Telephone conference Q4 2023

The company invites investors, analysts and the media to attend a combined webcast and telephone conference at which CEO Christopher Norbye and CFO Joel Davidsson will present the interim report for the fourth quarter of 2023. The presentation will be held in English and lasts for about 20 minutes. The meeting is on January 31, at 10.00 CET.

If you wish to participate via webcast please follow this link: Beijer Ref Q4 Report 2023 (financialhearings.com)

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference. Call Access (financialhearings.com)

A presentation will be available on the company's website www.beijerref.com from 08:40 on January 31.

This interim report for Beijer Ref AB (publ) has been submitted following approval by the Board of Directors.

This interim report has not been the subject of examination by the Company's Auditors.

Malmö, 31 January, 2024
Beijer Ref AB (publ)
Christopher Norbye, CEO

For more information, please contact:

Niklas Willstrand
Director of Global Communications
Telephone [phone]
Email [e-mail]

This disclosure contains information that Beijer Ref AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 31-01-2024 08:30 CET.