GROUP DEVELOPMENT
Sales development
Net sales in the Addtech Group increased in the second quarter by 6 percent to SEK 5,450 million (5,127). The organic growth amounted to 4 percent and acquired growth amounted to 4 percent. Exchange rate changes affect net sales negatively with 2 percent, corresponding to SEK 121 million.
Net sales in the Addtech Group during the period increased by 7 percent to SEK 11,289 million (10,565). The organic growth amounted to 3 percent and acquired growth amounted to 7 percent. Exchange rate changes affect net sales negatively with 3 percent, corresponding to SEK 306 million.
Profit development
EBITA in the second quarter amounted to SEK 844 million (764), representing an increase of 11 percent. Operating profit increased during the quarter by 11 percent to SEK 707 million (640) and the operating margin amounted to 13.0 percent (12.5). Net financial items amounted to SEK -52 million (-65) and profit after financial items increased by 14 percent to SEK 655 million (575).
Profit after tax for the period increased by 12 percent to SEK 499 million (446) corresponding to earnings per share before/after dilution of SEK 1.80 (1.60).
EBITA for the period amounted to SEK 1,766 million (1,595), representing an increase of 11 percent. Operating profit increased during the period by 10 percent to SEK 1,493 million (1,353) and the operating margin amounted 13.2 percent (12.8). Net financial items were SEK -110 million (-134) and profit after financial items increased by 13 percent to SEK 1,383 million (1,219).
Profit after tax for the period increased by 13 percent to SEK 1,061 million (941) and the effective tax rate amounted to 23 percent (23). Earnings per share before/after dilution for the period amounted to SEK 3.80 (3.40). For the latest twelve month period, earnings per share before/after dilution amounted to SEK 7.40 (6.45).