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New CFO appointed at BE Group AB

Daniel Fäldt, has been appointed new CFO and member of Group Management. Daniel has a background at Bombardier Rail Control Solutions working as Regional Finance Director for South Europe, Africa and Americas.

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New Group Sourcing Director at BE Group

As a part of implementing the group strategy to improved performance, Sandra Eriksson was announced Sourcing Director for BE Group and new member of the Group Executive Management Team. Sandra is currently working within Toyota Material Handling Europe and will start her new assignment on August 15th. In the newly created position Sandra will be responsible for the Group Sourcing strategy and for coordinating the implementation.

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BE Group Q1 2016 – strong Cash Flow

  • Net sales fell by 11 percent, amounting to SEK 978 M (1,104).
  • The underlying operating result amounted to SEK 9 M (12).
  • Operating result, affected by non-recurring costs of SEK -45 M (0), amounted to SEK -45 M (10).
  • The result after tax was SEK -53 M (0).
  • Cash flow from operating activities was SEK 51 M (-54).
  • Earnings per average number of shares amounted to SEK -0.20 (0.00).
  • Decision to close the unprofitable parts of the operations in the Czech Republic and Slovakia.
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BE Group Year-end Report 2015 – increased Tonnage despite challenging Market

Fourth quarter

  • Net sales decreased by 3 percent compared with the preceding year and amounted to SEK 981 M (1,009).
  • Shipped tonnage within the Group rose by 1 percent.
  • The operating result amounted to SEK -17 M (-30).
  • The underlying result amounted to SEK -12 M (-9).
  • Earnings after tax were SEK -23 M (-45).
  • Earnings per average number of shares amounted to SEK -0.09 (-0.61).
  • The Board of Directors proposes that no dividend be paid to shareholders for the 2015 financial year.
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