GROUP DEVELOPMENT

Sales development

Net sales in the Addtech Group increased during the fourth quarter by 9 percent to SEK 2,121 million (1,941). The organic growth amounted to 1 percent, acquired growth amounted to 9 percent and disposal affected by -2 percent. Exchange rate changes had a positive effect of 1 percent on net sales, corresponding to SEK 25 million.

Net sales in the Addtech Group increased during the financial year by 12 percent to SEK 8,022 million (7,178). The organic growth amounted to 5 percent, acquired growth amounted to 8 percent and disposal affected by -2 percent. Exchange rate changes had a positive effect of 1 percent on net sales, corresponding to SEK 46 million.

Profit development

Operating profit increased during the quarter by 13 percent to SEK 184 million (163) and the operating margin amounted to 8.7 percent (8.4). Net financial items amounted to SEK -16 million (-9) and profit after financial items increased by 10 percent to SEK 168 million (154). Profit after tax increased by 14 percent to SEK 133 million (118) corresponding to earnings per share before dilution of SEK 1.95 (1.75).

Operating profit increased during the financial year by 16 percent to SEK 701 million (604) and the operating margin amounted to 8.7 percent (8.4). Net financial items were SEK -36 million (-24) and profit after financial items increased by 15 percent to SEK 665 million (580).

Profit after tax for the financial year increased by 17 percent to SEK 526 million (450) and the effective tax rate amounted to 21 percent (22). Earnings per share before dilution for the financial year amounted to SEK 7.70 (6.60).