GROUP DEVELOPMENT

Sales development

Net sales in the Addtech Group increased in the third quarter by 12 percent to SEK 2,030 million (1,819). The organic growth amounted to 6 percent, acquired growth amounted to 8 percent and disposal affected by -2 percent. Exchange rate changes affected net sales by 0 percent, corresponding to SEK -15 million.

Net sales in the Addtech Group increased during the period by 13 percent to SEK 5,901 million (5,237). The organic growth amounted to 7 percent, acquired growth amounted to 7 percent and disposal affected by -1 percent. Exchange rate changes affected net sales by 0 percent, corresponding to SEK 20 million.

Profit development

Operating profit increased during the quarter by 17 percent to SEK 155 million (132) and the operating margin amounted to 7.7 percent (7.3). Net financial items amounted to SEK -8 million (-6) and profit after financial items increased by 16 percent to SEK 147 million (126). Profit after tax increased by 17 percent to SEK 115 million (98) corresponding to earnings per share before dilution of SEK 1.70 (1.40). For the latest twelve month period, earnings per share before dilution amounted to SEK 7.50 (6.05).

Operating profit increased during the period by 17 percent to SEK 517 million (441) and the operating margin amounted to 8.8 percent (8.4). The profit includes items affecting comparability amounting to a net total of SEK +12 million, which are reported under Other operating income and expenses under Group items. Adjusted operating profit amounted to SEK 505 million (441), corresponding to an operating margin of 8.6 percent (8.4). Net financial items were SEK -20 million (-15) and profit after financial items increased by 17 percent to SEK 497 million (426). Profit after tax for the period increased by 18 percent to SEK 393 million (332) and the effective tax rate amounted to 21 percent (22). Earnings per share before dilution for the period amounted to SEK 5.75 (4.85).