Rejlers

April – June

• Net sales increased by 7.8% to SEK 1,140.9 million (1,058.2)
• Organic sales growth amounted to 5.2% (5.2)
• EBITA increased to SEK 83.0 million (70.5) and the EBITA margin increased to 7.3% (6.7)
• Operating profit (EBIT) increased to SEK 65.4 million (55.1), impacted by acquisition expenses of SEK -2.0 million (-0.1)
• Net financial items amounted to an expense of SEK 7.0 million (income: 3.1)
• Net profit after tax amounted to SEK 47.1 million (47.2)
• Cash flow from operations increased to SEK 135.8 million (101.8)
• Earnings per share before dilution amounted to SEK 2.13 (2.14) and after dilution to SEK 2.13 (2.12)

January – June

• Net sales increased by 9.1% to SEK 2,236.9 million (2,049.7)
• Organic sales growth amounted to 2.9% (7.4), negatively impacted by completed restructuring in the fourth quarter of 2023
• EBITA increased to SEK 181.3 million (160.6) and the EBITA margin increased to 8.1% (7.8)
• EBITA for 2023 was impacted by integration costs regarding the acquisition of Eurocon and impairment of projects at SEK 10.0 million
• Operating profit (EBIT) increased to SEK 149.1 million (125.9), impacted by acquisition expenses of SEK -1.5 million (-6.8)
• Net financial items amounted to an expense of SEK 10.2 million (5.9)
• Net profit after tax increased to SEK 111.5 million (96.2)
• Earnings per share before dilution increased to SEK 5.04 (4.35) and after dilution to SEK 5.04 (4.32)

Statement by the President and CEO

“Rejlers’ EBITA for the second quarter of 2024, of SEK 83.0 million (70.5), is more than we have ever achieved for a second quarter. Our excellent earnings for the second quarter of the year demonstrate that our strategic investment in empathetic yet business-oriented leadership is now paying off. We are continuing to improve the fees for our services and solutions and we have a good utilisation rate. Rejlers’ order book is well-filled and we are now also receiving more requests for larger project commitments”, says Viktor Svensson, President and CEO, Rejlers AB.

For further information, please contact:

Viktor Svensson, President and CEO, +46 70 657 20 26, viktor.svensson@rejlers.se 
Anna Jennehov, CFO, +46 73 074 06 70, anna.jennehov@rejlers.se

This information is information that Rejlers 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 person set out above, at 12:00 CEST on 15 July 2024.

About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With cutting-edge expertise, we help companies, public authorities and other organisations meet tomorrow's societal challenges. Our services are important building blocks for achieving a sustainable society. Founded in 1942, Rejlers success is built on the ability to constantly embrace new knowledge. Our vision "Home of the learning minds" guides us to continuous learning, development and growth. With operations in Sweden, Finland, Norway and the United Arab Emirates, Rejlers has 3200 experts in technology areas such as energy, industry, infrastructure and real estate. In 2023, the company had a turnover of 4.1 billion SEK and its class B share is listed on Mid Cap, Nasdaq Stockholm. www.rejlers.com