Bergman & Beving AB Interim Report 1 April–30 September 2020 - Seite 2

Nachrichtenquelle: globenewswire
22.10.2020, 07:45  |  139   |   |   

Our long-term focus on investments in sales and marketing of our strong products and brands continued and we have advanced our positions, even in the current market. Acquisitions remain an important part of our strategy for growth and it is gratifying that the newly acquired companies contributed positively to the earnings performance. Our cash flow and strong financial position give us continued opportunity to act forward and we intend to complete more value-generating acquisitions going forward.

Stockholm, October 2020

Pontus Boman

President & CEO

For further information, please contact:

Pontus Boman, President & CEO, Tel: +46 10 454 77 00

Peter Schön, CFO, Tel: +46 70 339 89 99

This information is information that Bergman & Beving AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 7:45 a.m. CET on 22 October 2020.

Bergman & Beving owns and refines companies that develop and market strong brands for professional users in industry and construction, mainly in the Nordic region, the Baltic States and Poland. Bergman & Beving aims to enable successful product companies to take the next step and become leading brands in their categories. The Group currently has some 20 brands, about 1,000 employees and revenue of approximately SEK 4 billion. Bergman & Beving is listed on Nasdaq Stockholm.
Read more on the company’s website:


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Bergman & Beving AB Interim Report 1 April–30 September 2020 - Seite 2 Press release Interim Report 1 April–30 September 2020 Second quarter (1 July–30 September 2020) Revenue increased by 4 percent to MSEK 1,013 (970).EBITA increased by 25 percent to MSEK 66 (53).Net profit rose by 33 percent to MSEK 40 …

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