Report on the Group income statement, IFRS
Group net sales according to IFRS amounted during the first quarter 2024 to SEK 11,450 million (12,978). After adjustments for divested units and exchange rate effects net sales decreased by eleven percent. The adjustment of our own housing development projects to the completion method affected net sales by SEK 309 million (288).
Operating profit according to IFRS for the first quarter 2024 amounted to SEK -12 million (7) and the operating margin was -0.1 percent (0.1). The adjustment of our own housing development projects to the completion method affected operating profit by SEK 85 million (153).
| MSEK | Jan-Mar 2024 | Jan-Mar 2023 | Apr 2023- Mar 2024 | Jan-Dec 2023 | |
| Mkr | Jan-mar 2024 | Jan-mar 2023 | Apr 2023- mar 2024 | Jan-dec 2023 | |
| Net sales | Nettoomsättning | 11,450 | 12,978 | 60,072 | 61,600 |
| Production costs | Kostnader för produktion | -11,008 | -12,138 | -55,053 | -56,183 |
| Gross profit | Bruttoresultat | 442 | 840 | 5,019 | 5,417 |
| Sales and administrative expenses | Försäljnings- och administrationskostnader | -759 | -854 | -3,069 | -3,164 |
| Other operating income | Övriga rörelseintäkter | 329 | 42 | 644 | 357 |
| Other operating costs | Övriga rörelsekostnader | -24 | -21 | -27 | -24 |
| Operating profit | Rörelseresultat | -12 | 7 | 2,567 | 2,586 |
| Financial income | Finansiella intäkter | 68 | 36 | 616 | 584 |
| Financial expenses | Finansiella kostnader | -155 | -88 | -651 | -584 |
| Net finance | Finansnetto | -87 | -52 | -35 | 0 |
| Pre-tax profit | Resultat före skatt | -99 | -45 | 2,532 | 2,586 |
| Tax | Skatt | 43 | 10 | -565 | -598 |
| Profit for the period | Periodens resultat | -56 | -35 | 1,967 | 1,988 |
| Profit for the period, attributable to: | Periodens resultat hänförligt till: | ||||
| Shareholders in parent company | Moderbolagets ägare | -57 | -35 | 1,966 | 1,988 |
| Non-controlling interests | Innehav utan bestämmande inflytande | 1 | 0 | 1 | 0 |
| Profit for the period | Periodens resultat | -56 | -35 | 1,967 | 1,988 |
| Key ratios, IFRS | Nyckeltal, IFRS | ||||
| Earnings per share before and after dilution, SEK | Resultat per aktie före och efter utspädning, kr | -0.20 | -0.12 | 6.84 | 6.92 |
| Average number of outstanding shares, million | Genomsnittligt antal utestående aktier, miljoner | 287.5 | 287.5 | 287.5 | 287.5 |
| Return on capital employed, % 1) | Räntabilitet på sysselsatt kapital, % 1) | 9.2 | 8.2 | 9.2 | 9.1 |
| Return on equity, % 1) | Räntabilitet på eget kapital, % 1) | 13.8 | 13.7 | 13.8 | 14.1 |
15
1) Calculated on rolling 12 months
Report on the Group income statement and other comprehensive income in summary, IFRS
| MSEK | Jan-Mar 2024 | Jan-Mar 2023 | Apr 2023- Mar 2024 | Jan-Dec 2023 | |
| Mkr | Jan-mar 2024 | Jan-mar 2023 | Apr 2023- mar 2024 | Jan-dec 2023 | |
| Profit for the period | Periodens resultat | -56 | -35 | 1,967 | 1,988 |
| Other comprehensive income | Övrigt totalresultat | ||||
| Items that can be reclassified or have been reclassified to profit for the period | Poster som har omförts eller kan omföras till periodens resultat | ||||
| Translation differences for the period from translation of foreign operations | Periodens omräkningsdifferenser vid omräkning av utländska verksamheter | 54 | -98 | 7 | -145 |
| Changes in fair value of cash flow hedges for the period | Periodens förändringar i verkligt värde på kassaflödessäkringar | 13 | -3 | 34 | 18 |
| Shares in joint ventures’ other comprehensive income | Andelar i joint ventures övrigt totalresultat | 0 | 2 | -6 | -4 |
| Tax referring to items that can be reclassified or have been reclassified to profit for the period | Skatt hänförligt till poster som har omförts eller kan omföras till periodens resultat | -3 | 0 | -7 | -4 |
| Other comprehensive income for the period | Periodens övrigt totalresultat | 64 | -99 | 28 | -135 |
| Total comprehensive income for the period | Periodens totalresultat | 8 | -134 | 1,995 | 1,853 |
| Total comprehensive income for the period, attributable to: | Periodens totalresultat hänförligt till: | ||||
| Shareholders in parent company | Moderbolagets ägare | 7 | -133 | 1,994 | 1,854 |
| Non-controlling interests | Innehav utan bestämmande inflytande | 1 | -1 | 1 | -1 |
| Total comprehensive income for the period | Periodens totalresultat | 8 | -134 | 1,995 | 1,853 |