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September 04, 2015 11:24 AM ET

Household Durables

Company Overview of Dometic Group AB (publ)

Company Overview

Dometic Group AB (publ) manufactures and supplies leisure products for the recreational vehicles, marine, commercial and passenger vehicles, retail, and lodging markets worldwide. Its products include awnings, air conditioners, refrigerators, ovens, stoves, windows, lights, doors, sanitation systems, generators, sinks, cooktops, portable fridges and freezers, electronic products, and other products; and holding tank systems, cookers, cool boxes, dishwashers, grills, inverters, safes, vacuum cleaners, crushed ice systems, and battery charging systems for boats. The company’s products also comprise heating systems, customized refrigerators, rear video camera systems, and other products; and mo...

Hemvärnsgatan 15

6th floor

Solna,  171 54

Sweden

Founded in 1922

6,700 Employees

Phone:

46 8 50 10 25 00

Fax:

46 8 50 10 25 99

Key Executives for Dometic Group AB (publ)

Chief Executive Officer, President and Acting Head of Operations
Age: 50
Chief Financial Officer
Age: 53
President of Leisure Tech
Age: 65
President of EMEA
Age: 58
President of Domestic Germany
Age: 64
Compensation as of Fiscal Year 2015.

Dometic Group AB (publ) Key Developments

Dometic Group AB (publ) Reports Earnings Results for the Second Quarter of 2015

Dometic Group AB (publ) reported earnings results for the second quarter of 2015. For the quarter, the company reported that net sales totaled SEK 3,202 million compared to SEK 2,450 million a year ago, an increase of 31%, of which 5% was organic growth, 15% acquisitions and 11% currencies. EBIT before items affecting comparability amounted to SEK 484 million compared to SEK 343 million a year ago. Operating cash flow totaled SEK 342 million compared to SEK 287 million a year ago. The net result for the second quarter was SEK 198 million compared to net loss of SEK 441 million a year ago.

Dometic Group AB (publ), Q2 2015 Earnings Call, Jul 17, 2015

Dometic Group AB (publ), Q2 2015 Earnings Call, Jul 17, 2015

Dometic Group Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Dometic Group announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales were SEK 2,875 million against SEK 2,001 million a year ago. EBITDA was SEK 495 million against SEK 298 million a year ago. EBITDA before items affecting comparability was SEK 438 million against SEK 298 million a year ago. EBIT before items affecting comparability was SEK 366 million against SEK 255 million a year ago. Net result attributable to owners of the parent company was SEK 161 million against loss of SEK 1 million a year ago. Operating cash flow was SEK 37 million against operating cash outflow of SEK 53 million a year ago, primarily as a result of the higher EBITDA. Capital Expenditure was SEK 56 million against SEK 52 million a year ago. Operating profit was SEK 423 million against SEK 255 million a year ago. Profit before income tax was SEK 216 million against SEK 21 million a year ago. Net cash flow from operations was SEK 89 million against net cash flow used in operations of SEK 130 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 24, 2015
Dometic Group AB (publ), Medical Business
Merger/Acquisition
September 26, 2014
Atwood Investment Holdings LLC
 

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