BE Group Q3 – increased operating result and continued improvements

  · Net sales fell by 10 percent compared with the year-earlier period,
amounting to SEK 916 M (1,020). Shipped tonnage decreased by 6 percent.
  · The operating result rose to SEK 13 M (6) and the underlying operating
result improved to SEK 18 M (15).
  · Profit after tax for the continuing operations was SEK 1 M (loss 5) and the
operating loss from discontinued operations was SEK 2 M (85).
  · To increase the market focus on BE Group’s core operations in Sweden and
Finland, a change in the organization of the Group was implemented during the
quarter.
  · The Board of Directors will recommend a rights issue of approx. SEK 150 M.

The President and CEO of BE Group, Kimmo Väkiparta, comments on the report for
the third quarter of 2013:

“In our Swedish operations, demand following the vacation period stabilized at
the same level as in the second quarter. In Finland, we are pleased to have seen
a slight improvement following the vacation period. The sales price trend for
the quarter was weakly negative. For certain products, however, steel prices
rose after the vacation period.

The operations within Other Units also developed favorably.

The Group’s cost level has been significantly reduced, which is a major reason
behind the improved operating result. It is satisfying to see the effects of our
own rationalizations and structural changes.

In the final quarter of the year, we expect that, up until the seasonal downturn
towards the end of the year, demand will remain at the level that was
established following the vacation period. Signals from customers are currently
positive regarding development of the demand for the year 2014. Sales prices are
expected to rise somewhat as a result of higher steel prices. Implemented
efficiency improvements are gradually strengthening the Group’s competitiveness
and, at the same time, entail a leverage effect when the economy improves. The
implemented streamlining of the Group increases market focus on our core
operations in Sweden and Finland.”

Please address any questions to:

Kimmo Väkiparta, President and CEO
tel.: +46 (0)705 972 342  e-mail: kimmo.vakiparta@begroup.com

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

Today, at 09:00 a.m. CET, Kimmo Väkiparta and Torbjörn Clementz will comment on
development at a conference with market analysts and the press. The conference
may be followed via webcast or by phone (see information below).

If you wish to participate via webcast and/or ask questions at the press
conference, please copy and paste the following link into your web browser to
register online. Please be certain to copy the full link.

http://www.media-server.com/m/p/exyc4fci

The following telephone number can be used to participate in the presentation:

Sweden: +46 (0)8-505 56 474
UK: +44 (0)203-364 53 74
US: +1 855-753 22 30

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 2012, the Group reported sales of
SEK 4.6 Bn. BE Group has more than 800 employees, 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