INTERIM REPORT 1 APRIL - 30 SEPTEMBER 2019
SECOND QUARTER (1 JULY - 30 SEPTEMBER 2019)
- Net sales increased by 25 percent and amounted to SEK 2,917 million (2,338).
- Operating profit before amortisation of intangible non-current assets (EBITA) increased by 41 percent and amounted to SEK 380 million (270) corresponding to an EBITA margin of 13.0 percent (11.5).
- Operating profit increased by 45 percent and amounted to SEK 329 million (226) corresponding to an operating margin of 11.2 percent (9.7).
- Profit after tax increased by 37 percent and amounted to SEK 240 million (174) and earnings per share before dilution amounted to SEK 3.55 (2.60).
PERIOD (1 APRIL - 30 SEPTEMBER 2019)
- Net sales increased by 24 percent and amounted to SEK 5,851 million (4,733).
- Operating profit before amortisation of intangible non-current assets (EBITA) increased by 36 percent and amounted to SEK 721 million (530) corresponding to an EBITA margin of 12.3 percent (11.2).
- Operating profit increased by 39 percent and amounted to SEK 621 million (447) corresponding to an operating margin of 10.6 percent (9.5).
- Profit after tax increased by 39 percent and amounted to SEK 466 million (336) and earnings per share before dilution amounted to SEK 6.90 (4.95). For the latest twelve month period earnings per share before dilution amounted to SEK 11.80 (8.60).
- Return on working capital (P/WC) amounted to 56 percent (53).
- Return on equity amounted to 33 percent (29) and the equity ratio amounted to 32 percent (33).
- Cash flow from operating activities amounted to SEK 519 million (145), of which the implementation of IFRS 16 has resulted in an increase of SEK 72 million. For the latest twelve month period, cash flow per share from operating activities amounted to SEK 12.30 (8.20).
- Since the start of the financial year eight acquisitions have been completed, with total annual sales of about SEK 570 million.
GROUP SUMMARY | 3 months | 6 months | Rolling 12 months | |||||||
SEKm | 30 Sep 2019 | 30 Sep 2018 | ∆ | 30 Sep 2019 | 30 Sep 2018 | ∆ | 30 Sep 2019 | 31 Mar 2019 | ||
Net sales | 2,917 | 2,338 | 25% | 5,851 | 4,733 | 24% | 11,266 | 10,148 | ||
EBITA | 380 | 270 | 41% | 721 | 530 | 36% | 1,274 | 1,085 | ||
EBITA-margin % | 13.0 | 11.5 | 12.3 | 11.2 | 11.3 | 10.7 | ||||
Profit after financial items | 307 | 221 | 38% | 593 | 426 | 39% | 1,034 | 865 | ||
Profit for the period | 240 | 174 | 37% | 466 | 336 | 39% | 804 | 672 | ||
Earnings per share before dilution, SEK | 3.55 | 2.60 | 37% | 6.90 | 4.95 | 39% | 11.80 | 9.85 | ||
Earnings per share after dilution, SEK | 3.50 | 2.55 | 37% | 6.85 | 4.90 | 40% | 11.75 | 9.80 | ||
Cash flow from operating activities per share, SEK | - | - | - | - | 12.30 | 7.80 | ||||
Return on equity, % | 33 | 29 | 33 | 29 | 33 | 29 | ||||
Equity ratio, % | 32 | 33 | 32 | 33 | 32 | 36 | ||||
Comparisons in parentheses refer to the corresponding period of the previous year, unless stated otherwise. |