STABLE IN A SHRINKING MARKET
January-
- Order bookings amounted to
SEK 1,303 million (1,837) -
Income amounted to
SEK 2,116 million (2,052) -
Operating profit amounted to
SEK 1 million (36) -
Cash flow from operating activities amounted to an outflow of
SEK 441 million (5) -
Cash flow for the period amounted to an outflow of
SEK 65 million (28) -
The loss for the period amounted to
SEK 10 million (profit 55) -
At the end of the period, available cash and cash equivalents totaled
SEK 549 million (624) - The equity/assets ratio was 30.1 percent (31.7)
-
On
April 25, 2023 , DOXA Aktiebolag (publ) ("DOXA") issued a press release announcing toSerneke's shareholders a public takeover bid to acquire all Series B shares inSerneke . The offer entails six (6) shares in DOXA being offered per Series B share inSerneke . As ofApril 25, 2023 , the offer values each Series B share inSerneke atSEK 35.94 , with the total value of the offer amounting to aboutSEK 1,020 million .Serneke's Board of Directors unanimously recommends thatSerneke's shareholders accept Doxa's public takeover bid.
"In a quarter that tends to be seasonal, with generally lower activity, as well as the currently difficult economic situation, the Group reported increased sales and an operating profit in the black, although barely. In the second half of 2022, we incurred several necessary non-recurring expenses in the form of expenses for streamlining and provisions for disputes, among others, which affected our earnings. In early 2023, we have been able to return to more normal operations in our contracting operations."
"Order bookings for the first quarter of 2023 were slightly lower than for the same period last year, colored by the general decline in the housing sector. For several quarters now, we have, however, shifted our product mix towards a growing proportion of public properties and public sector clients. We are also conducting a series of contracting projects in the early phases of the partnership format, a number of which are progressing to become orders and construction starts during the year."
Presentation of the Interim Report for January-
On
more information, please contact:
Anders Düring, CFO
Tel: +46 70 888 7733
anders.during@serneke.se
This information is such that
More information about
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