Report on the Group income statement, IFRS

Group net sales according to IFRS decreased during the first half-year 2020 and amounted to SEK 27,659 million (27,979). The decrease is due to the fact that fewer projects were settled during the period than in the first half-year 2019. Several major projects in the Stockholm area were settled during the first half-year 2019.

Operating profit according to IFRS for the first half-year 2020 amounted to SEK 893 million (1,788) and the operating margin was 3.2 percent (6.4).

MSEK Apr-Jun
2020		 Apr-Jun
2019		 Jan-Jun
2020		 Jan-Jun
2019		 Jul-Jun
2019/2020		 Jan-Dec
2019
Mkr Apr-jun
2020		 Apr-jun
2019		 Jan-jun
2020		 Jan-jun
2019		 Jul-jun
2019/2020		 Jan-dec
2019
Net sales Nettoomsättning 15,789 15,140 27,659 27,979 55,983 56,303
Production costs Kostnader för produktion -14,127 -13,405 -25,089 -24,726 -50,675 -50,312
Gross profit Bruttoresultat 1,662 1,735 2,570 3,253 5,308 5,991
Sales and administrative expenses Försäljnings- och administrationskostnader -962 -773 -1,728 -1,524 -3,083 -2,879
Other operating income Övriga rörelseintäkter 36 38 73 65 288 280
Other operating costs Övriga rörelsekostnader -13 -3 -22 -6 -123 -107
Operating profit Rörelseresultat 723 997 893 1,788 2,390 3,285
Financial income Finansiella intäkter 15 31 55 85 100 130
Financial expenses Finansiella kostnader -34 -41 -163 -91 -260 -188
Net finance Finansnetto -19 -10 -108 -6 -160 -58
Pre-tax profit Resultat före skatt 704 987 785 1,782 2,230 3,227
Tax Skatt -160 -161 -173 -318 -426 -571
Profit for the period Periodens resultat 544 826 612 1,464 1,804 2,656
Profit for the period, attributable to: Periodens resultat hänförligt till:
Shareholders in parent company Moderbolagets ägare 543 826 612 1,464 1,804 2,656
Non-controlling interests Innehav utan bestämmande inflytande 1 0 0 0 0 0
Profit for the period Periodens resultat 544 826 612 1,464 1,804 2,656
Key ratios, IFRS Nyckeltal, IFRS
Earnings per share before and after dilution, SEK Resultat per aktie före och efter utspädning, kr 1.84 2.80 2.07 4.96 6.11 9.00
Average number of outstanding shares, million Genomsnittligt antal utestående aktier, miljoner 295.0 295.0 295.0 295.0 295.0 295.0
Return on capital employed, % 1) Räntabilitet på sysselsatt kapital, % 1) 9.3 – 9.3 – 9.3 13.2
Return on equity, % 1) Räntabilitet på eget kapital, % 1) 15.6 – 15.6 – 15.6 24.3
1) Calculated on rolling 12 months. Since the numbers for 2018 have not been translated according to the changed accounting principles no numbers for June 30, 2019 are given.

Report on the Group income statement and other comprehensive income in summary, IFRS

MSEK Apr-Jun
2020		 Apr-Jun
2019		 Jan-Jun
2020		 Jan-Jun
2019		 Jul-Jun
2019/2020		 Jan-Dec
2019
Mkr Apr-jun
2020		 Apr-jun
2019		 Jan-jun
2020		 Jan-jun
2019		 Jul-jun
2019/2020		 Jan-dec
2019
Profit for the period Periodens resultat 544 826 612 1,464 1,804 2,656
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
 -66 30 -114 104 -169 49
Changes in fair value of cash flow hedges for the period
Periodens förändringar i verkligt värde på kassaflödessäkringar
 9 -4 2 8 3 9
Shares in joint ventures’ other comprehensive income Andelar i joint ventures övrigt totalresultat 1 0 0 0 0 0
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
 -5 4 -16 11 -21 6
Other comprehensive income for the period Periodens övrigt totalresultat -61 30 -128 123 -187 64
Total comprehensive income for the period Periodens totalresultat 483 856 484 1,587 1,617 2,720
Total comprehensive income for the period, attributable to: Periodens totalresultat hänförligt till:
Shareholders in parent company Moderbolagets ägare 482 856 484 1,586 1,618 2,720
Non-controlling interests Innehav utan bestämmande inflytande 1 0 0 1 -1 0
Total comprehensive income for the period Periodens totalresultat 483 856 484 1,587 1,617 2,720