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BE Group AB: BE Group's Annual Report for 2011 published

Press release published at The Swedish Wire
The Annual Report for BE Group has been published and is available on the Group's website, www.begroup.com.

In his Message from the President, Roger Johansson concludes that "the year 2011 commenced with rising demand in all of BE Group's markets. The positive development during the first half of the year, weakened after the summer. The explanation lies in an increased caution among customers due to uncertainty regarding developments in steel prices and in the economy in general."

In the outlook for 2012, Roger Johansson, says: "We are well-positioned for profitable growth through the ventures we have undertaken and the measures we implemented over the year. Our main priorities during 2012 will be to increase the yield from made investments and acquisitions, to turn Central Europe into profitability and to strengthen our positions in the Nordic region."

The printed Annual Report will be available from the first week of April 2012 and can be ordered via www.begroup.com or by calling +46 40 38 42 00.

For further information, please contact:
Roger Johansson, President and CEO
tel.: +46 (0)733 188 758 e-mail: roger.johansson@begroup.com

Torbjörn Clementz, CFO and Executive Vice President
tel: +46 (0)708 690 788  e-mail: torbjorn.clementz@begroup.com

BE Group, listed on the NASDAQ OMX Stockholm exchange, is a trading and service company in steel and other metals. BE Group provides various forms of service for steel, stainless steel and aluminium applications to customers primarily in the construction and engineering sectors. In 2011, the Group reported sales of SEK 5.9 Bn. BE Group has slightly more than 900 employees in ten countries, with Sweden and Finland as its largest markets. The head office is located in Malmö, Sweden. Read more about BE Group at www.begroup.com

 

 
This information was distributed by Cision
 

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