Interim Report Q2 2019

July  12, 2019

April - June 2019

  • Net sales increased by 14% in the second quarter compared to the same period last year and amounted to SEK 3,996 million (3,510). Organic growth was 4.4%.
  • The operating profit for the quarter amounted to SEK 373 million (345), an increase of 8% compared with the same period last year. The operating margin was 9.3% (9.8%), of which 0.2% is a positive IFRS 16 effect.
  • Profit for the period totalled SEK 265 million (255). Profit per share amounted to SEK 2.08 (1.98).
  • The company's liquidity is good and unutilised credit amounts to SEK 1427 million (393).
  • With effect from 1 January 2019, the company applies IFRS 16 with regard to the group's leasing agreements and all figures for 2019 include this change. The conversion affected operating profit positively by SEK 7 million and net profit by SEK 0.1 million. The equity ratio has decreased by 3.3 percentage points as a result of an increased balance sheet total.

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