GROUP DEVELOPMENT

Sales development

Net sales in the Addtech Group increased during the fourth quarter by 19 percent to SEK 1,941 million (1,631). The organic growth amounted to 10 percent and acquired growth amounted to 7 percent. Exchange rate changes had a positive effect of 2 percent on net sales, corresponding to SEK 25 million, and a marginally positive effect on operating profit.

Net sales in the Addtech Group increased during the financial year by 17 percent to SEK 7,178 million (6,155). The organic growth amounted to 7 percent and acquired growth amounted to 9 percent. Exchange rate changes had a positive effect of 1 percent on net sales, corresponding to SEK 46 million, and a marginally positive effect on operating profit.

Profit development

Operating profit increased during the quarter by 39 percent to SEK 163 million (117) and the operating margin amounted to 8.4 percent (7.2). Net financial items amounted to SEK -9 million (-9) and profit after financial items increased by 42 percent to SEK 154 million (108). Profit after tax increased by 39 percent to SEK 118 million (85) corresponding to earnings per share before dilution of SEK 1.75 (1.25).

Operating profit increased during the financial year by 36 percent to SEK 604 million (443) and the operating margin amounted to 8.4 percent (7.2). Net financial items were SEK -24 million (-20) and profit after financial items increased by 37 percent to SEK 580 million (423).

Profit after tax for the financial year increased by 35 percent to SEK 450 million (333) and the effective tax rate amounted to 22 percent (21). Earnings per share before dilution for the financial year amounted to SEK 6.60 (4.85).