2017 in summary
- The operative net sales increased by eight percent and amounted to SEK 50,267 million (46,489). A favorable construction and civil engineering market has positively affected all business areas.
- The operative operating profit increased by 17 percent to SEK 2,425 million (2,075) and the operative operating margin improved to 4.8 percent (4.5).
- Orders received increased by nine percent to SEK 45,247 million (41,445). The number of orders received has risen in all business areas.
- Order backlog per 31 December 2017 amounted to record high SEK 38,491 million (33,572) with a broad range of products and spread geographically.
- Cash flow before financing amounted to SEK 2,295 million (2,615), including significant investments in business area Industry.
- Strong financial position with net debt amounting to SEK 1,216 million (1,862).
- Equity/assets ratio amounted to 32.1 percent (29.7).
- Return on equity improved to 21.1 percent (20.1).
- The Board proposes an increased dividend to SEK 4.00 per share (3.60), which corresponds to 58 percent (61) of the profit for the year.
Financial summary
| 2017 | 2016 | 2015 | Financial goals | |
| Operative net sales, MSEK 1) | 50,267 | 46,489 | 44,252 | |
| Net sales, MSEK | 50,090 | 46,337 | 44,376 | |
| Operative operating profit, MSEK 1) | 2,425 | 2,075 | 1,052 | |
| Operative operating margin, % 1) | 4.8 | 4.5 | 2.4 | |
| Operating profit, MSEK | 2,405 | 2,098 | 1,009 | |
| Operating margin, % | 4.8 | 4.5 | 2.3 | |
| Pre-tax profit, MSEK | 2,445 | 2,050 | 906 | |
| Profit per share, SEK | 6.97 | 5.85 | 2.71 | |
| Dividend per share, SEK 2) | 4.00 | 3.60 | 2.60 | > 50% |
| Return on equity, % | 21.1 | 20.1 | 9.9 | > 20% |
| Equity/assets ratio, % | 32.1 | 29.7 | 28.8 | > 25% |
| Cash flow before financing, MSEK | 2,295 | 2,651 | 1,787 | |
| Net debt, MSEK | 1,216 | 1,862 | 3,118 | |
| Orders received, MSEK | 45,247 | 41,445 | 37,812 | |
| Order backlog, MSEK | 38,491 | 33,572 | 26,991 | |
| Number of employees per 31 December | 14,344 | 13,869 | 13,300 |
1) Operative net sales and operative operating profit are reported according to percentage of completion method following operating segment reporting. Net sales and operating profit are reported according to legal accounting.
2) Board of Directors’ proposal to the AGM for 2017.
Financial goals
Return on equity
Goal>20%
Equity/assets ratio
Goal>25%
Dividends
* Board of Directors’ proposal for 2017
Goal>50%