Ad hoc-Mitteilungen

Orion Group Interim Report 1–9/2021

ORION CORPORATION        
INTERIM REPORT 1–9/2021        
20 OCTOBER 2021 at 12:00 noon EEST

Orion Group Interim Report 1–9/2021

This is a summary of Orion’s Interim Report 1–9/2021. The complete report is attached to this stock exchange release and is available at https://www.orion.fi/en/Orion-group/investors/financial-reviews-and-presentations/

  • The outlook for 2021 has been specified. Orion estimates that net sales in 2021 will be slightly lower than in 2020 (net sales in 2020 were EUR 1,078 million). Operating profit is estimated to be lower than in 2020 (operating profit in 2020 was EUR 280 million). Previously Orion estimated that net sales in 2021 will be slightly lower than in 2020. Previously operating profit was estimated to be lower or clearly lower than in 2020.
  • Net sales totalled EUR 765 million (EUR 823 million in 1–9/2020).
  • Operating profit was EUR 203 (246) million.
  • Profit before taxes was EUR 202 (245) million.
  • Equity ratio was 71% (70%).
  • ROCE before taxes was 32% (40%).
  • ROE after taxes was 29% (34%).
  • Basic earnings per share were EUR 1.15 (1.38).
  • Cash flow per share before financial items was EUR 0.52 (1.52).

KEY FIGURES

 7-9/217-9/20Change %1-9/211-9/20Change %1-12/20
Net sales, EUR million240.9250.3-3.7%764.5822.7-7.1%1,078.1
EBITDA, EUR million68.479.5-13.9%236.5288.7-18.1%336.5
% of net sales28.4%31.8% 30.9%35.1% 31.2%
Operating profit, EUR million57.365.1-11.9%203.4245.9-17.3%280.1
% of net sales23.8%26.0% 26.6%29.9% 26.0%
Profit before taxes, EUR million57.364.6-11.4%202.5244.5-17.2%278.3
% of net sales23.8%25.8% 26.5%29.7% 25.8%
Profit for the period, EUR million45.451.4-11.6%161.0194.4-17.2%219.9
% of net sales18.9%20.5% 21.1%23.6% 20.4%
R&D expenses, EUR million22.725.6-11.3%76.784.8-9.6%123.2
% of net sales9.4%10.2% 10.0%10.3% 11.4%
Capital expenditure, EUR million39.59.3+323.3%65.930.5+116.0%48.5
% of net sales16.4%3.7% 8.6%3.7% 4.5%
Interest-bearing net liabilities, EUR million   -48.2-140.0-65.6%-185.8
Basic earnings per share, EUR million0.320.37-11.7%1.151.38-17.2%1.56
Cash flow per share before financial items, EUR-0.010.62-101.2%0.521.52-65.7%1.85
Equity ratio, %   71.5%70.4% 66.7%
Gearing, %   -6.5%-18.4% -25.4%
ROCE (before taxes), %   32.2%40.1% 34.8%
ROE (after taxes), %   29.1%33.7% 29.1%
Average personnel during the period   3,3683,343+0.7%3,337
President and CEO Timo Lappalainen:
Operations shift towards normal, while pandemic impacts are still visible

Attachment

""
""

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.