GROUP DEVELOPMENT

Sales development

Net sales in the Addtech Group increased in the second quarter by 24 percent to SEK 2,338 million (1,892). The organic growth amounted to 5 percent, acquired growth amounted to 15 percent and disposal affected marginally negative. Exchange rate changes had positive effect of 4 percent on net sales, corresponding to SEK 85 million.

Net sales in the Addtech Group increased during the period by 22 percent to SEK 4,733 million (3,871). The organic growth amounted to 7 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 159 million.

Profit development

Operating profit increased during the quarter by 25 percent to SEK 226 million (181) and the operating margin amounted to 9.7 percent (9.6). Net financial items amounted to SEK -5 million (-8) and profit after financial items increased by 28 percent to SEK 221 million (173).

Profit after tax increased by 29 percent to SEK 174 million (135) corresponding to earnings per share before dilution of SEK 2.60 (1.95). 

Operating profit increased during the period by 24 percent SEK 447 million (362 including items affecting comparability of  SEK +12 million) and the operating margin amounted to 9.5 percent (9.4). Net financial items were SEK -21 million (-12) and profit after financial items increased by 22 percent to SEK 426 million (350).

Profit after tax for the period increased by 21 percent to SEK 336 million (278) and the effective tax rate amounted to 21 percent (21). Earnings per share before dilution for the period amounted to SEK 4.95 (4.05). For the latest twelve month period, earnings per share before dilution amounted to SEK 8.60 (7.20).