Ahlsell: 1st quarter 2018

Ahlsell, one of the leading technical trading companies in Scandinavia, achieved sales of SEK 7.161 m (EUR 685 m) in the first......

quarter of 2018; this is an increase of 9% against 2017. Operating profit amounted to SEK 461 m (EUR 44 m), compared to SEK 443 m (EUR 42 m) previously; here the plus was 4%.

In Sweden 66.4% of the total turn-over was achieved = SEK 4,758 m (EUR 455 m); in Norway it was SEK 1,389 m (EUR 133 m) = 19,4% of the total and in Finland it was SEK 803 m (EUR 77 m) = 11,2%. That means, about 97% of sales are made in the three main markets Sweden, Norway and Finland. The remainder is divided into Denmark, Estonia, Russia and Poland.

Ahlsell employs a total of 5,600 people in more than 230 branches and 3 central warehouses.

Four percentage points of the quarterly growth comes from acquisitions, reflecting the high level of acquisition activity that Ahlsell intends to maintain in the future.