GROUP DEVELOPMENT

Sales development
Net sales in the Addtech Group increased in the second quarter by 20 percent to SEK 3,257 million (2,723). The organic growth amounted to 10 percent and acquired growth amounted to 10 percent. Exchange rate changes affect net sales marginally negatively, corresponding to SEK 11 million.

Net sales in the Addtech Group during the period increased by 18 percent to SEK 6,536 million (5,528). The organic growth amounted to 11 percent and acquired growth amounted to 9 percent. Exchange rate changes had a negative effect of 2 percent on net sales, corresponding to SEK 72 million.

Profit development
EBITA in the second quarter amounted to SEK 425 million (306), representing an increase of 39 percent. Operating profit increased during the quarter by 45 percent to SEK 351 million (242) and the operating margin amounted to 10.8 percent (8.9). Net financial items amounted to SEK -14 million (-15) and profit after financial items increased by 48 percent to SEK 337 million (227).

Profit after tax increased by 45 percent to SEK 263 million (181) corresponding to earnings per share before/after dilution of SEK 0.95 (0.65). 

EBITA for the period amounted to SEK 827 million (612), representing an increase of 35 percent. Operating profit increased during the period by 41 percent to SEK 683 million (485) and the operating margin amounted to 10.4 percent (8.8). Net financial items were SEK -28 million (-25) and profit after financial items increased by 42 percent to SEK 655 million (460). 

Profit after tax for the period increased by 40 percent to SEK 513 million (365) and the effective tax rate amounted to 22 percent (21).  Earnings per share before/after dilution for the period amounted to SEK 1.85 (1.30). For the latest twelve month period, earnings per share before/after dilution amounted to SEK 3.15 (2.80).