Beijer Ref reports best ever Q1

SWEDEN: Refrigeration and air conditioning wholesaler Beijer Ref has reported a whole revenue raise of 31.4% to SEK4,903m (€478m) in Q1. Natural and organic product sales enhanced by 15.8%.

With EBITA up 48.3% to SEK 407m (€40m) and EBITA margin at 8.3%, in comparison to 7.4 to the corresponding quarter in 2021, this is recorded as Beijer Ref’s ideal ever 1st quarter, in absolute phrases.

”We began the year strongly with organic profits maximize of 16%. All of our geographical segments experienced optimistic developments and we report full profits development of 31% compared with the exact same period of time last yr. Our southern hemisphere marketplaces had a very good summer season and the acquisitions in Asia Pacific (APAC) show very good development,” reported Beijer Ref CEO Christopher Norbye.

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