Financial Summary

  

2018

2017

2018

2017

MSEK unless otherwise stated

Oct-Dec

Oct-Dec

Jan-Dec

Jan-Dec

Sales measures

 

 

 

 

Net sales

8,616

7,606

31,291

27,484

Growth, %

13%

10%

14%

12%

Organic growth, %

8%

11%

7%

9%

Income measures

 

 

 

 

Operating profit (EBIT)

571

620

2,138

2,043

EBITA

668

709

2,520

2,394

Adjusted EBITA

705

709

2,587

2,405

EBITDA

723

753

2,721

2,562

Adjusted EBITDA

760

753

2,788

2,573

Margin measures

 

 

 

 

EBIT margin, %

6.6%

8.1%

6.8%

7.4%

EBITA margin, %

7.8%

9.3%

8.1%

8.7%

Adjusted EBITA margin, %

8.2%

9.3%

8.3%

8.8%

Cash flow measures

 

 

 

 

Cash flow for the period

125

683

-49

86

Operating cash flow

1,476

1,385

2,201

1,991

Operating cash flow/EBITDA (cash conversion)

 

 

81%

78%

Capital structure

 

 

 

 

Cash

1,248

1,295

1,248

1,295

Net debt

6,684

6,742

6,684

6,742

Net debt/Adjusted EBITDA

 

 

2.4

2.6

Debt/equity ratio, times

 

 

0.7

0.7

Equity/assets ratio, %

 

 

38%

36%

Working capital (average)

3,391

2,784

3,125

2,429

Working capital at end of period

2,947

2,483

2,947

2,483

Operating capital (average)

17,410

16,193

17,088

15,890

Operating capital, excluding intangible assets (average)

4,241

3,617

3,983

3,277

Returns

 

 

 

 

Return on operating capital, %

 

 

13%

13%

Return on operating capital (excluding intangible assets), %

 

 

63%

73%

Return on equity, %

 

 

17%

17%

Return on working capital %

 

 

81%

99%

The share

 

 

 

 

Number of shares outstanding at end of period (thousands)

436,302

436,302

436,302

436,302

Number of shares outstanding, net after repurchase (thousands)

429,302

436,302

429,302

429,302

Weighted average number of basic shares outstanding, net after repurchase (thousands)

429,302

432,724

429,302

435,415

Weighted average number of diluted shares outstanding, net after repurchase (thousands)

429,481

432,724

429,871

435,428

Basic earnings per share, SEK

0.89

1.07

3.68

3.28

Diluted earnings per share, SEK

0.89

1.07

3.68

3.28

Other

 

 

 

 

Number of employees at end of period

 

 

5,724

5,471