Improved operating margin and good order situation

In this report amounts and comments are based on segment reporting if not otherwise specified. The Group has different accounting principles in segment reporting compared to reporting according to IFRS for our own housing development projects and for IFRS 16 (previously operational leasing contracts). For more information on the accounting principles and the differences between segment reporting and reporting according to IFRS, see note 1 and 3.

Summary according to segment reporting  

April – June 2021

  • Net sales SEK 15,169 million (15,518)
  • Operating profit SEK 824 million (661)
  • Operating margin 5.4 percent (4.3)
  • Pre-tax profit SEK 808 million (661)
  • Earnings per share SEK 2.18 (1.72)
  • Orders received SEK 13,094 million (13,220)
  • Cash flow before financing SEK -97 million (-2,264)

January – June 2021

  • Net sales SEK 26,385 million (27,156)
  • Operating profit SEK 751 million (872)
  • Operating margin 2.8 percent (3.2)
  • Pre-tax profit SEK 741 million (802)
  • Earnings per share SEK 1.99 (2.13)
  • Orders received SEK 27,540 million (25,828)
  • Order backlog SEK 46,684 million (46,123)
  • Cash flow before financing SEK -205 million (-667)
  • Net debt SEK 5,424 million (6,614)
  • Net debt/equity ratio 0.4 (0.5)

Group

MSEK Apr-Jun
2021		 Apr-Jun
2020		 Jan-Jun
2021		 Jan-Jun
2020		 Jul-Jun
2020/2021		 Jan-Dec
2020
Mkr Apr-jun
2021		 Apr-jun
2020		 Jan-jun
2021		 Jan-jun
2020		 Jul-jun
2020/2021		 Jan-dec
2020
Segment reporting Segmentsredovisning
Net sales Nettoomsättning 15,169 15,518 26,385 27,156 56,646 57,417
Operating profit Rörelseresultat 824 661 751 872 3,420 3,541
Operating margin, % Rörelsemarginal, % 5.4 4.3 2.8 3.2 6.0 6.2
Pre-tax profit Resultat före skatt 808 661 741 802 3,372 3,433
Profit for the period Periodens resultat 641 508 586 629 2,905 2,948
Earnings per share, SEK Resultat per aktie, kr 2.18 1.72 1.99 2.13 9.86 10.00
Return on equity, % 1)  Räntabilitet på eget kapital, % 1) 22.4 15.1 22.4 15.1 22.4 23.1
Return on capital employed, % 1)  Räntabilitet på sysselsatt kapital, % 1) 17.5 11.8 17.5 11.8 17.5 17.6
Net debt Nettoskuld 5,424 6,614 5,424 6,614 5,424 3,873
Net debt/equity ratio, % Nettoskuldsättningsgrad, % 0.4 0.5 0.4 0.5 0.4 0.3
Equity/assets ratio, % Soliditet, % 33.6 31.2 33.6 31.2 33.6 36.2
Cash flow before financing Kassaflöde före finansiering -97 -2,264 -205 -667 3,241 2,779
Average number of employees 1) Medelantalet anställda 1) 15,633 14,869 15,633 14,869 15,633 15,166
Reporting according to IFRS Redovisning enligt IFRS
Net sales, IFRS Nettoomsättning, IFRS 14,807 15,789 25,931 27,659 58,124 59,852
Operating profit, IFRS Rörelseresultat, IFRS 755 723 641 893 3,670 3,922
Pre-tax profit, IFRS Resultat före skatt, IFRS 727 704 605 785 3,565 3,745
Profit for the period, IFRS Periodens resultat, IFRS 575 544 476 612 3,045 3,181
Earnings per share, IFRS, SEK Resultat per aktie, IFRS, kr 1.95 1.84 1.61 2.07 10.33 10.79
Net debt, IFRS Nettoskuld, IFRS 12,366 14,608 12,366 14,608 12,366 9,682
Equity/assets ratio, IFRS, % Soliditet, IFRS, % 26.7 24.7 26.7 24.7 26.7 29.5
Cash flow before financing, IFRS Kassaflöde före finansiering, IFRS -709 -2,304 -1,144 -1,040 3,649 3,753
1) Calculated on rolling 12 months
Net sales
Operating profit
Orders received