Quarterly report

January – March 2019

Fågelback School

Malmö

Continued stable development

  • Net sales SEK 11,359 million (11,490)
  • Operating profit SEK 265 million (290)
  • Operating margin 2.3 percent (2.5)
  • Pre-tax profit SEK 269 million (256)
  • Earnings per share SEK 0.76 (0.74)
  • Orders received SEK 11,868 million (12,906)
  • Order backlog SEK 47,532 million (43,055)
  • Cash flow before financing SEK 559 million (-390)
  • Net debt SEK 4,349 million (1,709). Excluding additional IFRS 16 Leases, net debt was SEK 3,534 million
  • Equity/assets ratio 31.5 percent (33.4). Excluding additional IFRS 16 Leases, the equity/assets ratio was 32.2 percent

Comments from the CEO

In the beginning of 2019 our business has continued to be stable in a construction market where demand is generally good but conditions vary depending on location and product.

Read more