Profitable growth and high level of orders received

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  

July – September 2021

  • Net sales SEK 16,121 million (14,837)
  • Operating profit SEK 1,101 million (844)
  • Operating margin 6.8 percent (5.7)
  • Pre-tax profit SEK 1,095 million (824)
  • Earnings per share SEK 2.89 (2.25)
  • Orders received SEK 13,865 million (11,718)
  • Cash flow before financing SEK 781 million (1,683)
  • Repayment of AGS premiums will have a positive effect on operating profit of around SEK 150 million in the fourth quarter

January – September 2021

  • Net sales SEK 42,506 million (41,993)
  • Operating profit SEK 1,852 million (1,716)
  • Operating margin 4.4 percent (4.1)
  • Pre-tax profit SEK 1,836 million (1,626)
  • Earnings per share SEK 4.88 (4.38)
  • Orders received SEK 41,405 million (37,546)
  • Order backlog SEK 46,280 million (44,722)
  • Cash flow before financing SEK 576 million (1,016)
  • Net debt SEK 4,461 million (5,780)
  • Net debt/equity ratio 0.3 (0.5)

Group

MSEK Jul-Sep
2021		 Jul-Sep
2020		 Jan-Sep
2021		 Jan-Sep
2020		 Oct-Sep
2020/2021		 Jan-Dec
2020
Mkr Jul-sep
2021		 Jul-sep
2020		 Jan-sep
2021		 Jan-sep
2020		 Okt-sep
2020/2021		 Jan-dec
2020
Segment reporting Segmentsredovisning
Net sales Nettoomsättning 16,121 14,837 42,506 41,993 57,930 57,417
Operating profit Rörelseresultat 1,101 844 1,852 1,716 3,677 3,541
Operating margin, % Rörelsemarginal, % 6.8 5.7 4.4 4.1 6.3 6.2
Pre-tax profit Resultat före skatt 1,095 824 1,836 1,626 3,643 3,433
Profit for the period Periodens resultat 854 664 1,440 1,293 3,095 2,948
Earnings per share, SEK Resultat per aktie, kr 2.89 2.25 4.88 4.38 10.50 10.00
Return on equity, % 1)  Räntabilitet på eget kapital, % 1) 23.4 15.2 23.4 15.2 23.4 23.1
Return on capital employed, % 1)  Räntabilitet på sysselsatt kapital, % 1) 19.0 12.3 19.0 12.3 19.0 17.6
Net debt Nettoskuld 4,461 5,780 4,461 5,780 4,461 3,873
Net debt/equity ratio, % Nettoskuldsättningsgrad, % 0.3 0.5 0.3 0.5 0.3 0.3
Equity/assets ratio, % Soliditet, % 34.4 32.0 34.4 32.0 34.4 36.2
Cash flow before financing Kassaflöde före finansiering 781 1,683 576 1,016 2,339 2,779
Average number of employees 1) Medelantalet anställda 1) 15,543 15,253 15,543 15,253 15,543 15,166
Reporting according to IFRS Redovisning enligt IFRS
Net sales, IFRS Nettoomsättning, IFRS 15,488 16,204 41,419 43,863 57,408 59,852
Operating profit, IFRS Rörelseresultat, IFRS 1,025 1,087 1,666 1,980 3,608 3,922
Pre-tax profit, IFRS Resultat före skatt, IFRS 1,006 1,050 1,611 1,835 3,521 3,745
Profit for the period, IFRS Periodens resultat, IFRS 780 840 1,256 1,452 2,985 3,181
Earnings per share, IFRS, SEK Resultat per aktie, IFRS, kr 2.65 2.85 4.26 4.92 10.13 10.79
Net debt, IFRS Nettoskuld, IFRS 11,666 12,125 11,666 12,125 11,666 9,682
Equity/assets ratio, IFRS, % Soliditet, IFRS, % 27.2 27.3 27.2 27.3 27.2 29.5
Cash flow before financing, IFRS Kassaflöde före finansiering, IFRS 577 2,835 -567 1,795 1,391 3,753
1) Calculated on rolling 12 months
Net sales
Operating profit
Orders received