GROUP DEVELOPMENT

Sales development

Net sales in the Addtech Group increased during the fourth quarter by 35 percent to SEK 2,864 million (2,121). The organic growth amounted to 22 percent, acquired growth amounted to 11 percent and disposal affected by -1 percent. Exchange rate changes had a positive effect of 3 percent on net sales, corresponding to SEK 65 million.

Net sales in the Addtech Group increased during the financial year by 26 percent to SEK 10,148 million (8,022). The organic growth amounted to 11 percent, acquired growth amounted to 12 percent and disposal affected by -1 percent. Exchange rate changes had a positive effect of 4 percent on net sales, corresponding to SEK 289 million.

Profit development

Operating profit increased during the quarter by 42 percent to SEK 260 million (184) and the operating margin amounted to 9.1 percent (8.7). Net financial items amounted to SEK -14 million (-16) and profit after financial items increased by 46 percent to SEK 246 million (168). Profit after tax increased by 35 percent to SEK 180 million (133) corresponding to earnings per share before dilution of SEK 2.65 (1.95).

Operating profit increased during the financial year by 30 percent to SEK 910 million (701) and the operating margin amounted to 9.0 percent (8.7). Net financial items were SEK -45 million (-36) and profit after financial items increased by 30 percent to SEK 865 million (665).

Profit after tax for the financial year increased by 28 percent to SEK 672 million (526) and the effective tax rate amounted to 22 percent (21). Earnings per share before dilution for the financial year amounted to SEK 9.85 (7.70).