Dustin has decided to consolidate its financial offering to the corporate market in all Nordic countries through a partnership agreement with De Lage Landen Finans AB (DLL). In conjunction with this, the lease portfolio in Dustin’s financing activities will be divested to DLL. The sales price of the lease portfolio is estimated to correspond to the carrying amount.
Fourth quarter
Net sales for the quarter increased 7.4 per cent to SEK 1,759 million (1,637). Organic growth in fixed exchange rates amounted to 5.6 per cent (16.3). Gross margin amounted to 14.2 per cent (14.6). Adjusted EBITA amounted to SEK 67 million (70). Items affecting comparability totalled a
negative SEK 5 million (neg: 46). Profit for the quarter amounted to SEK 30 million (
Dustin Group will hold a conference call for investors, analysts and media October 14 at CET 10:00 am with reference to the release of the year-end report.
The members of the Nomination Committee for Dustin Annual General Meeting in 2016 have now been appointed.
Third quarter
Net sales for the quarter increased 0.9 per cent to SEK 1,919 million (1,902). Organic growth in constant currency was negative 1.1 per cent (25,2). Gross margin rose to 14.2 per cent (13.6). Adjusted EBITA amounted to SEK 82 million (80). Items affecting comparability amounted to a negative SEK 15 million (100). Profit for the quarter amounted to 39 million (136). Earnings
Dustin Group will hold a conference call for investors, analysts and media July 7 at CET 10:00 am with reference to the release of the Interim report for the third quarter.
Dustin Norway has secured a new framework agreement for servers with Helseforetakenes Innkjøpsservice AS (HINAS), which is responsible for IT purchases for Norway’s four large healthcare regions. The agreement has a duration of one year and is expected to have a value of NOK 35 M.
Dustin has today completed the acquisition of Finnish Resolute ISMS Oy after all the conditions have been met. The acquisition is in accordance with the agreement signed with the sellers May 13th, 2015. Resolute will be consolidated into Dustin Group from May 1st, 2015.
Dustin has signed an agreement to acquire Resolute ISMS Oy, one of Finland’s leading suppliers of network solutions to private and public sectors. Through this acquisition, Dustin will further strengthen its position in the Finnish market and its offering throughout the Nordic region. Resolute had sales of EUR 12 M in 2014, with a good level of profitability.
Dustin Norway has won the procurement of a framework agreement for the more than 50 member companies of the Tradebroker purchasing organisation. Tradebroker includes large, small and medium-size companies, such as Storebrand, Statoil Fuel & Retail and Posten Norge. The agreement has a duration of three years from May 2015 and entails a renewal of Dustin’s earlier agreement with Tradebroker.
Second quarter
Net sales for the quarter increased 9.0 per cent to SEK 2,188 million (2,007).Organic growth in fixed exchange rates amounted to 7.0 per cent (15.4).
Gross margin declined to 13.8 per cent (14.6).
Adjusted EBITA amounted to SEK 108 million (106). Items affecting comparability totalled a negative SEK 38 million (neg: 5).
Profit for the quarter amounted to SEK 25 million (45).
Ear
Dustin Group will hold a conference call for investors, analysts and media April 22nd at CET 10:00 am CET with reference to the release of the Interim report for the second quarter.