Quarterly data

Group

MSEK Jan-Mar
2017
Oct-Dec
2016
Jul-Sep
2016
Apr-Jun
2016
Jan-Mar
2016
Oct-Dec
2015
Jul-Sep
2015
Apr-Jun
2015
Jan-Mar
2015
Net sales 11,151 13,879 11,356 12,571 8,531 12,224 11,708 11,568 8,876
Production costs -10,279 -12,552 -10,263 -11,305 -7,828 -11,793 -10,697 -10,458 -8,203
Gross profit 872 1,327 1,093 1,266 703 431 1,011 1,110 673
Sales and administrative expenses -657 -709 -480 -675 -564 -674 -450 -625 -547
Other operating income 118 59 30 37 23 39 21 22 30
Other operating costs -13 -4 -3 0 -5 -13 -2 -1 -16
Operating profit 320 673 640 628 157 -217 580 506 140
Financial income 20 66 24 40 65 60 24 40 33
Financial expenses -29 -71 -37 -59 -76 -67 -60 -66 -67
Net finance -9 -5 -13 -19 -11 -7 -36 -26 -34
Pre-tax profit 311 668 627 609 146 -224 544 480 106
Tax -34 -107 -98 -95 -23 88 -95 -83 -18
Profit for the period 277 561 529 514 123 -136 449 397 88
Profit for the period, attributable to:
Shareholders in parent company 277 561 529 514 123 -136 449 397 88
Non-controlling interests 0 0 0 0 0 0 0 0
Profit for the period 277 561 529 514 123 -136 449 397 88
Key ratios
Earnings per share, SEK 0.94 1.90 1.79 1.74 0.42 -0.46 1.53 1.35 0.30
Average number of outstanding shares, million 295.0 295.0 295.0 295.0 295.0 295.0 295.0 295.0 295.0
Capital employed (closing balance) 13,541 14,402 15,002 13,700 13,406 14,476 14,169 14,666 13,822
Equity (closing balance) 9,599 9,380 8,695 8,021 8,241 8,076 8,217 7,848 8,116

Business areas

MSEK Jan-Mar
2017
Oct-Dec
2016
Jul-Sep
2016
Apr-Jun
2016
Jan-Mar
2016
Oct-Dec
2015
Jul-Sep
2015
Apr-Jun
2015
Jan-Mar
2015
Net sales
Construction 6,386 6,992 5,510 6,420 5,199 6,978 5,436 6,548 5,683
Civil Engineering 2,388 3,292 2,654 2,765 2,029 2,992 2,676 2,670 2,110
Industry 2,237 3,462 3,449 3,356 1,894 2,948 3,111 2,896 1,845
Project Development 2,203 2,385 1,510 2,368 1,376 2,275 2,359 1,555 1,416
– of which Property Development 659 148 130 1,031 76 308 1,047 202 77
– of which Housing Development 1,544 2,237 1,380 1,337 1,300 1,967 1,312 1,353 1,339
Group functions 235 242 226 225 204 209 211 214 202
Eliminations -2,353 -2,578 -2,128 -2,353 -2,010 -2,474 -2,121 -2,432 -2,255
Operative excluding write-down 1) 11,096 13,795 11,221 12,781 8,692 12,928 11,672 11,451 9,001
Construction – write-down of project Mall of Scandinavia -800
Operative 1) 11,096 13,795 11,221 12,781 8,692 12,128 11,672 11,451 9,001
Adjustment for housing reporting 2) 55 84 135 -210 -161 96 36 117 -125
Legal 11,151 13,879 11,356 12,571 8,531 12,224 11,708 11,568 8,876
Operating profit
Construction 139 147 127 152 116 145 135 175 120
Civil Engineering 39 120 93 105 37 126 96 127 32
Industry -23 227 336 202 -12 178 296 172 2
Project Development 218 257 93 194 78 193 84 74 47
– of which Property Development 90 20 -37 102 4 25 5 -9 -11
– of which Housing Development 128 237 130 92 74 168 79 83 58
Group functions -47 -60 -6 -29 -27 -46 -26 -14 -14
Eliminations -10 -50 -21 0 -4 -16 9 -27 -16
Operative excluding write-down 1) 316 641 622 624 188 580 594 507 171
Construction – write-down of project Mall of Scandinavia -800
Operative 1) 316 641 622 624 188 -220 594 507 171
Adjustment for housing reporting 2) 4 32 18 4 -31 3 -14 -1 -31
Legal 320 673 640 628 157 -217 580 506 140
Operating profit, %
Construction 2.2 2.1 2.3 2.4 2.2 2.1 2.5 2.7 2.1
Civil Engineering 1.6 3.6 3.5 3.8 1.8 4.2 3.6 4.8 1.5
Industry -1.0 6.6 9.7 6.0 -0.6 6.0 9.5 5.9 0.1
Project Development 9.9 10.8 6.2 8.2 5.7 8.5 3.6 4.8 3.3
– of which Property Development 13.7 13.5 -28.5 9.9 5.3 8.1 0.5 -4.5 -14.3
– of which Housing Development 8.3 10.6 9.4 6.9 5.7 8.5 6.0 6.1 4.3
Group functions
Eliminations
Operative excluding write-down 1) 2.8 4.6 5.5 4.9 2.2 4.5 5.1 4.4 1.9
Construction – write-down of project Mall of Scandinavia
Operative 1) 2.8 4.6 5.5 4.9 2.2 -1.8 5.1 4.4 1.9
Adjustment for housing reporting 2)
Legal 2.9 4.8 5.6 5.0 1.8 -1.8 5.0 4.4 1.6
Order situation, MSEK
Orders received 11,114 10,367 9,027 10,165 11,886 9,704 9,135 9,414 9,559
Order backlog at the end of the period 35,679 33,572 34,248 33,457 31,550 26,991 28,050 27,162 26,750

1) According to the percentage of completion method (IAS 11)
2) Adjustment in accounting to the completed contract method (IAS 18) for own single homes in Sweden as well as housing in Finland and Norway