GROWTH, STRONGLY IMPROVED EARNINGS AND MORE FAVOURABLE MARKET CONDITIONS
SECOND QUARTER SUMMARY, APRIL–JUNE 2021
- Net sales increased by 18 per cent to SEK 1,002 m (846), of which 13 per cent was organic.
- Currency-adjusted organic growth was 14 per cent.
- EBITA increased to SEK 98 m (56), and the EBITA margin increased to 9.8 per cent (6.6). EBITA in the preceding year was charged with restructuring costs of SEK 20 m. EBITA adjusted for restructuring costs would have amounted to SEK 98 m (76), for an adjusted EBITA margin of 9.8 per cent (9.0).
- Operating profit increased to SEK 59 m (24), for an operating margin of 5.9 per cent (2.8).
- Profit for the period increased to SEK 40 m (14).
- Earnings per share increased to SEK 1.19 (0.42).
- Cash flow from operating activities decreased to SEK 51 m (188).
- Issue of 204,802 Class B shares in connection with acquisition of S-GROUP Solutions AB.
- Acquisition of Elpool i Umeå AB, with net sales of approximately SEK 6 m in 2019/2020.
- Acquisition of Irish company Procad Limited, with net sales of approximately SEK 50 m in 2020.
- Expansion of revolving credit facility by SEK 500 m to SEK 1,600 m.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
- No significant events have taken place after the end of the reporting period.
