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February 11, 2016 7:12 PM ET

Commercial Services and Supplies

Company Overview of HL Display Holding AB

Company Overview

HL Display Holding AB, through its subsidiaries, provides products and solutions for in-store communication and merchandising to the food and non-food retail sectors. The company also supplies products and solutions to brand manufacturers for merchandising on the shelf and in other parts of the store. It offers retail food solutions for beverages, bulk foods, chilled food, confectionery, freezer, health and beauty, and tobacco products; and retail non-food solutions for DIY and gardening, drugstores and pharmacies, electronics, furniture and house ware, and sport categories. The company’s solutions for primary placement products include modular merchandising units, classic trays, and promoti...

Cylindervägen 18

Nacka Strand,  131 52

Sweden

Founded in 1954

1,133 Employees

Phone:

46 86 83 73 00

Fax:

46 86 83 73 01

Key Executives for HL Display Holding AB

Acting Chief Executive Officer, Chief Financial Officer and Finance Director
Age: 51
Chief Operating Officer and Operations Director
Age: 48
Head of Corporate Communications
Age: 38
Area Sales & Business Development Director
Age: 49
Product Manager
Compensation as of Fiscal Year 2015.

HL Display Holding AB Key Developments

HL Display Announces Executive Changes

HL Display announced that it has appointed Nina Jonsson as new CEO. Nina Jonsson has extensive experience of international retail, most recently as the Senior Vice President Category & Purchasing for ICA Sverige. Nina Jonsson is expected to commence during the first quarter 2016 and will succeed Gerard Dubuy, who is leaving his position as CEO after nine years. Since 2010, Nina Jonsson has been the Senior Vice President Category & Purchasing for ICA Sverige, which has included responsibility for building up ICA's private label brands. Prior to this, Nina worked at Proctor & Gamble, where she held a number of executive positions for 18 years, including as Market Strategy and Planning Director for the East European market, Country Manager for Sweden and Customer Marketing Manager for the Nordic region. Gerard Dubuy has been the CEO of the company since 2006. The current CFO will become the Acting CEO until Nina assumes her position.

HL Display Announces Earnings Results for the First Quarter Ended March 31, 2015

HL Display announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of SEK 337 million against SEK 364 million a year ago. EBITA was SEK 11 million against LBITA of SEK 13 million a year ago. Adjusted EBITA was SEK 1 million against SEK 16 million a year ago. Sales decreased by 14%, adjusted for currency effects. Loss before tax was SEK 22 million compared to profit before tax of SEK 4 million a year ago. Interest-bearing net debt at March 31, 2015 was SEK 667 million.

HL Display Group Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

HL Display Group reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, net sales were SEK 382 million against SEK 387 million last year. Operating profit was SEK 18 million against SEK 29 million last year. Profit before taxes was SEK 6 million against SEK 24 million last year. Profit was SEK 9 million against SEK 17 million last year. Cash flow from operating activities was SEK 9 million against SEK 3 million last year. Adjusted for currency effects, net sales decreased by 7%. Operating profit adjusted for non-recurring items amounted to SEK 26 million against SEK 30 million last year. During the third quarter, net investments in non-current assets amounted to SEK 8 million against SEK 7 million last year. For the nine months, net sales were SEK 1,138 million against SEK 1,175 million last year. Operating profit was SEK 56 million against SEK 93 million last year. Profit before taxes was SEK 19 million against SEK 78 million last year. Profit was SEK 19 million against SEK 58 million last year. Cash flow from operating activities was SEK 2 million against SEK 29 million last year. Adjusted for currency effects, net sales decreased by 6%. Operating profit adjusted for non-recurring items amounted to SEK 67 million against SEK 97 million last year. Net investments in non-current assets amounted to SEK 24 million against SEK 27 million last year.

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