Stable first half-year
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 our accounting principles and the differences between segment reporting and reporting according to IFRS, see note 1 and 3. For information on alternative performance measures, see the section Alternative performance measures and definitions.
Summary according to segment reporting
April – June 2022
- Net sales SEK 16,858 million (15,169)
- Operating profit SEK 885 million (824)
- Operating margin 5.2 percent (5.4)
- Pre-tax profit SEK 881 million (808)
- Earnings per share SEK 2.36 (2.18)
- Orders received SEK 14,334 million (13,094)
- Cash flow before financing SEK -1,540 million (-97)
January – June 2022
- Net sales SEK 29,402 million (26,385)
- Operating profit SEK 895 million (751)
- Operating margin 3.0 percent (2.8)
- Pre-tax profit SEK 889 million (741)
- Earnings per share SEK 2.40 (1.99)
- Orders received SEK 29,709 million (27,540)
- Order backlog SEK 49,899 million (46,684)
- Cash flow before financing SEK -1,863 million (-205)
- Net debt SEK 6,333 million (5,424)
- Net debt/equity ratio 0.5 (0.4)
Group
| MSEK | Apr-Jun 2022 | Apr-Jun 2021 | Jan-Jun 2022 | Jan-Jun 2021 | Jul-Jun 2021/2022 | Jan-Dec 2021 | |
| Mkr | Apr-jun 2022 | Apr-jun 2021 | Jan-jun 2022 | Jan-jun 2021 | Jul-jun 2021/2022 | Jan-dec 2021 | |
| Segment reporting | Segmentsredovisning | ||||||
| Net sales | Nettoomsättning | 16,858 | 15,169 | 29,402 | 26,385 | 63,043 | 60,026 |
| Operating profit | Rörelseresultat | 885 | 824 | 895 | 751 | 3,242 | 3,098 |
| Operating margin, % | Rörelsemarginal, % | 5.2 | 5.4 | 3.0 | 2.8 | 5.1 | 5.2 |
| Pre-tax profit | Resultat före skatt | 881 | 808 | 889 | 741 | 3,224 | 3,076 |
| Profit for the period | Periodens resultat | 694 | 641 | 707 | 586 | 2,628 | 2,507 |
| Earnings per share, SEK | Resultat per aktie, kr | 2.36 | 2.18 | 2.40 | 1.99 | 8.91 | 8.50 |
| Return on equity, % 1) | Räntabilitet på eget kapital, % 1) | 18.5 | 22.4 | 18.5 | 22.4 | 18.5 | 18.5 |
| Return on capital employed, % 1) | Räntabilitet på sysselsatt kapital, % 1) | 15.3 | 17.5 | 15.3 | 17.5 | 15.3 | 15.6 |
| Net debt | Nettoskuld | 6,333 | 5,424 | 6,333 | 5,424 | 6,333 | 2,404 |
| Net debt/equity ratio, multiple | Nettoskuldsättningsgrad, ggr | 0.5 | 0.4 | 0.5 | 0.4 | 0.5 | 0.2 |
| Equity/assets ratio, % | Soliditet, % | 32.8 | 33.6 | 32.8 | 33.6 | 32.8 | 36.3 |
| Cash flow before financing | Kassaflöde före finansiering | -1,540 | -97 | -1,863 | -205 | 1,383 | 3,041 |
| Number of employees 1) | Antal anställda 1) | 15,458 | 15,633 | 15,458 | 15,633 | 15,458 | 15,454 |
| Reporting according to IFRS | Redovisning enligt IFRS | ||||||
| Net sales, IFRS | Nettoomsättning, IFRS | 16,458 | 14,807 | 28,595 | 25,931 | 61,587 | 58,923 |
| Operating profit, IFRS | Rörelseresultat, IFRS | 775 | 755 | 755 | 641 | 3,089 | 2,975 |
| Pre-tax profit, IFRS | Resultat före skatt, IFRS | 761 | 727 | 726 | 605 | 3,023 | 2,902 |
| Profit for the period, IFRS | Periodens resultat, IFRS | 590 | 575 | 562 | 476 | 2,463 | 2,377 |
| Earnings per share, IFRS, SEK | Resultat per aktie, IFRS, kr | 2.01 | 1.95 | 1.91 | 1.61 | 8.36 | 8.06 |
| Net debt, IFRS | Nettoskuld, IFRS | 15,869 | 12,366 | 15,869 | 12,366 | 15,869 | 10,515 |
| Equity/assets ratio, IFRS, % | Soliditet, IFRS, % | 25.5 | 26.7 | 25.5 | 26.7 | 25.5 | 29.0 |
| Cash flow before financing, IFRS | Kassaflöde före finansiering, IFRS | -2,398 | -709 | -3,175 | -1,144 | -979 | 1,052 |
1) Calculated on rolling 12 months
Net sales
Operating profit
Orders received