Growth and margin improvement trends continue in the second quarter The companies in
Second quarter in brief 2023
• Order intake totaled
• Net revenue for the second quarter was
• EBITA was
• Earnings per share before and after dilution were
• Cash flow from operating activities was
Summary of the first half of the year
• Order intake totaled
• Net revenue for the first quarter was
• EBITA was
• Earnings per share before and after dilution were
• Cash flow from operating activities was
Significant events during the second quarter
• The company held its annual general meeting on
• Managing director of the Norwegian subsidiary Christian Berner AS, Even
• During the quarter, work to implement a new business system in parts of the Technology & Distribution business area was completed. Three of the group’s operating companies started using the new system during the period.
• During the period, Zander & Ingeström signed an agreement with NCC Sweden for the delivery of equipment for the Käppala Association’s wastewater treatment plant. The project will run for 2.5 years.
Significant events after the end of the reporting period
• There were no significant events after the end of the reporting period.
MESSAGE FROM THE CEO
Attractive businesses within sustainable areas
The second quarter continues to show a trend towards higher earnings for the Group and more consistent development. EBITA increased by more than 50 percent compared to the previous year. The Energy & Environment business area, in particular had a very strong quarter, with a fivefold increase in EBITA. During the quarter, we won several important business deals that support the development towards a more sustainable society.
The Group achieved EBITA of
Businesses that support responsible use of our resources
Our activities are at the heart of the transition to a more sustainable society. For example, during the quarter the subsidiary Zander & Ingeström received an important order for equipment for the Käppala Association’s wastewater treatment. The order is a great example of the Group’s work, where our experienced teams can put together complex, customized solutions that meet high standards. In this case, not only does it meet more stringent wastewater treatment emission requirements and an increasing load in the form of a growing population, but it also does so with lower energy consumption. We are pleased to make a concrete contribution to a cleaner
Continued efforts to improve efficiency
hree of the companies in the Technology & Distribution business area started using a new business system during the quarter, which temporarily used some resources and affected the business area at the beginning of the quarter. We are now looking forward to the improved efficiency made possible with a more modern business support system, through reduced internal administration and increased transparency. In short, we are finishing up a first half of the year in which we are starting to see the effects of our concerted efforts over the past year to unleash the power in our competent employees through increased decentralization. We are proud, but not satisfied. We know that we can do more.
Caroline Reuterskiöld
CEO, Christian Berner Tech Trade AB
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