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July 06, 2015 5:52 AM ET

Household Durables

Company Overview of Nilfisk-Advance A/S

Company Overview

Nilfisk-Advance A/S manufactures and markets professional cleaning equipment for indoor and outdoor applications primarily in Europe, the United States, and Asia. It provides floor-care equipment, including sweepers, scrubber dryers, polishers, washers, sanders, combination riders, and restauration equipment; industrial and domestic vacuum cleaners; professional and domestic high pressure washers; outdoor multifunction equipment comprising snow removal machines; and spare parts. The company offers its products under Nilfisk, Advance, HydraMaster, Nilfisk-ALTO, Viper, Nilfisk-Egholm, Clarke, US Products, and Nilfisk-CFM brands. Nilfisk-Advance A/S markets and sells its products through its sa...

Sognevej 25

Brøndby,  2605

Denmark

Founded in 1906

Phone:

45 43 23 81 00

Fax:

45 43 43 77 00

Key Executives for Nilfisk-Advance A/S

Chief Executive Officer
Age: 46
President and General Manager
Chief Financial Officer
Age: 49
Executive Vice President of EMEA Sales and Member of the Executive Board
Age: 51
Executive Vice President and Member of the Executive Board
Age: 50
Compensation as of Fiscal Year 2015.

Nilfisk-Advance A/S Key Developments

Nilfisk-Advance A/S Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Earnings Guidance for the Full Year 2014

Nilfisk-Advance A/S announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue was DKK 1,559 million against DKK 1,556 million a year ago. Operating EBITDA was DKK 141 million against DKK 156 million a year ago. EBITDA was DKK 141 million against DKK 156 million a year ago. EBIT was DKK 88 million against DKK 103 million a year ago. Cash flow from operating activities was DKK 153 million against DKK 216 million a year ago. For the nine months, the company reported revenue was DKK 5,059 million against DKK 4,952 million a year ago. Operating EBITDA was DKK 572 million against DKK 568 million a year ago. EBITDA was DKK 669 million against DKK 568 million a year ago. EBIT was DKK 508 million against DKK 410 million a year ago. Cash flow from operating activities was DKK 180 million against DKK 221 million a year ago. For the full year 2014, organic growth is now expected to be around 4% to 5% against 2% to 3% previously anticipated. The operational EBITDA margin is expected to be around 11.5% against the 12% to 12.5% previously announced. The lower operational EBITDA margin is solely attributable to increased investments relating to the sales and service set-up.

Nilfisk-Advance A/S Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Nilfisk-Advance A/S reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenue was DKK 1,763 million against DKK 1,741 million a year ago. Earnings before interest, tax, depreciation and amortisation (EBITDA) were DKK 218 million against DKK 224 million a year ago. Earnings before interest and tax (EBIT) were DKK 165 million against DKK 171 million a year ago. Cash flow from operating activities was DKK 110 million against DKK 100 million a year ago. Free cash flow was DKK 58 million against DKK 42 million a year ago. For the six months, revenue was DKK 3,500 million against DKK 3,396 million a year ago. Earnings before interest, tax, depreciation and amortisation (EBITDA) were DKK 528 million against DKK 412 million a year ago. Earnings before interest and tax (EBIT) were DKK 420 million against DKK 307 million a year ago. Cash flow from operating activities was DKK 27 million against DKK 5 million a year ago. Negative free cash flow was DKK 69 million against DKK 111 million a year ago.

Nilfisk-Advance Reports Earnings Results for the First Quarter of 2014

Nilfisk-Advance reported earnings results for the first quarter of 2014. For the quarter, the company reported revenue of DKK 1,737 million against DKK 1,655 million a year ago. Operational EBITDA was DKK 213 million against DKK 188 million a year ago. EBITDA was DKK 310 million against DKK 188 million a year ago. EBIT was DKK 255 million against DKK 136 million a year ago. Cash flow used in operating activities was DKK 83 million against DKK 94 million a year ago. Negative free cash flow was DKK 45 million against DKK 154 million a year ago.

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