Addnode Group: Year-end report 1 January - 31 December 2019

04 February 2020, 11:30 CET Regulatory

FOURTH QUARTER SUMMARY, OCTOBER-DECEMBER 2019

  • Net sales increased by 11 per cent to SEK 933 m (840), of which 6 per cent was organic. Currency-adjusted organic

growth was 4 per cent.

  • EBITA was SEK 100 m (105), for an EBITA margin of 10.7 per cent (12.5).
  • Operating profit was SEK 73 m (80), for an operating margin of 7.8 per cent (9.5).
  • Profit after tax was SEK 50 m (67).
  • Earnings per share were SEK 1.50 (2.00).
  • Cash flow from operating activities increased to SEK 173 m (114).
  • The Board of Directors proposes an unchanged dividend of SEK 2.50 per share.
  • Agreement with B. Braun on PLM solution for 13,000 users.
  • Agreement with Skånetrafiken with total value of approximately SEK 120 m over four years.
  • Expanded Group Management with addition of Adam Nilsson, Head of M&A and Corporate Development.

SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • Strategic acquisition of British company Excitech, with GBP 50 m in net sales.
  • Acquisition of Norwegian software company Unizite.
  • Expansion of acquisition credit facility by SEK 250 m.

 

This information is inside information that Addnode Group AB (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 11.30 a.m. CEST on February 4, 2020.

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  • Christina Rinman

    Head of Corporate Communication and Sustainability

    +46 (0) 709 711 213

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