Strong profits and improved cash flow

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  

July – September 2024

  • Net sales SEK 15,539 million (14,736)
  • Operating profit SEK 995 million (786)
  • Operating margin 6.4 percent (5.3)
  • Pre-tax profit SEK 902 million (654)
  • Earnings per share SEK 2.59 (1.85)
  • Orders received SEK 10,135 million (11,034)
  • Cash flow before financing SEK 1,195 million (450)

January – September 2024

  • Net sales SEK 41,912 million (43,182)
  • Operating profit SEK 1,508 million (1,720)
  • Operating margin 3.6 percent (4.0)
  • Pre-tax profit SEK 1,242 million (1,864)
  • Earnings per share SEK 3.62 (5.17)
  • Orders received SEK 44,458 million (34,581)
  • Order backlog SEK 47,026 million (41,669)
  • Cash flow before financing SEK 882 million (-2,779)
  • Net debt SEK 8,439 million (10,173)
  • Net debt/equity ratio 0.5 (0.7)

Group

MSEK Jul-Sep
2024		 Jul-Sep
2023		 Jan-Sep
2024		 Jan-Sep
2023		 Oct-Sep
2023/2024		 Jan-Dec
2023
Mkr Jul-sep
2024		 Jul-sep
2023		 Jan-sep
2024		 Jan-sep
2023		 Okt-sep
2023/2024		 Jan-dec
2023
Segment reporting Segmentsredovisning
Net sales Nettoomsättning 15,539 14,736 41,912 43,182 57,551 58,821
Operating profit Rörelseresultat 995 786 1,508 1,720 1,641 1,853
Operating margin, % Rörelsemarginal, % 6.4 5.3 3.6 4.0 2.9 3.2
Pre-tax profit Resultat före skatt 902 654 1,242 1,864 1,273 1,895
Profit for the period Periodens resultat 745 530 1,043 1,486 971 1,414
Earnings per share, SEK Resultat per aktie, kr 2.59 1.85 3.62 5.17 3.37 4.92
Return on equity, % 1)  Räntabilitet på eget kapital, % 1) 6.4 13.6 6.4 13.6 6.4 9.5
Return on capital employed, % 1)  Räntabilitet på sysselsatt kapital, % 1) 6.8 11.5 6.8 11.5 6.8 8.7
Net debt Nettoskuld 8,439 10,173 8,439 10,173 8,439 8,676
Net debt/equity ratio, multiple Nettoskuldsättningsgrad, ggr 0.5 0.7 0.5 0.7 0.5 0.6
Equity/assets ratio, % Soliditet, % 34.3 32.5 34.3 32.5 34.3 34.0
Cash flow before financing Kassaflöde före finansiering 1,195 450 882 -2,779 2,344 -1,317
Average number of employees Medeltal antal anställda 13,632 14,363 12,872 13,821 13,102 13,808
Reporting according to IFRS Redovisning enligt IFRS
Net sales, IFRS Nettoomsättning, IFRS 15,720 15,159 44,098 44,235 61,463 61,600
Operating profit, IFRS Rörelseresultat, IFRS 992 911 1,794 2,115 2,265 2,586
Pre-tax profit, IFRS Resultat före skatt, IFRS 888 769 1,495 2,227 1,854 2,586
Profit for the period, IFRS Periodens resultat, IFRS 734 624 1,274 1,777 1,485 1,988
Earnings per share, IFRS, SEK Resultat per aktie, IFRS, kr 2.54 2.17 4.42 6.18 5.16 6.92
Net debt, IFRS Nettoskuld, IFRS 11,762 17,740 11,762 17,740 11,762 14,537
Equity/assets ratio, IFRS, % Soliditet, IFRS, % 31.2 27.2 31.2 27.2 31.2 29.4
Cash flow before financing, IFRS Kassaflöde före finansiering, IFRS 1,446 1,052 3,698 -500 6,853 2,655

 

1) Calculated on rolling 12 months
Net sales
Operating profit
Orders received