Year-end report

January – December 2017

STEAM HOTEL

Västerås

Profitable growth and strong order situation

October – December 2017

  • Operative net sales SEK 14,794 million (13,795)
  • Operative operating profit SEK 774 million (641)
  • Operative operating margin 5.2 percent (4.6)
  • Pre-tax profit SEK 814 million (668)
  • Earnings per share SEK 2.27 (1.90)
  • Orders received SEK 12,060 million (10,367)
  • Cash flow before financing SEK 1,508 million (2,024)

January – December 2017

  • Operative net sales SEK 50,267 million (46,489)
  • Operative operating profit SEK 2,425 million (2,075)
  • Operative operating margin 4.8 percent (4.5)
  • Pre-tax profit SEK 2,445 million (2,050)
  • Earnings per share SEK 6.97 (5.85)
  • Orders received SEK 45,247 million (41,445)
  • Order backlog SEK 38,491 million (33,572)
  • Cash flow before financing SEK 2,295 million (2,651)
  • Net debt SEK 1,216 million (1,862)
  • Equity/assets ratio 32.1 percent (29.7)
  • The Board proposes a dividend of SEK 4.00 (3.60) per share

Comments from the CEO

Our operations have shown definite improvements in 2017. The contract business in Construction and Civil Engineering is generating stable results and Industry and Project Development report significant margin improvements. The stable market prospects, despite a cautious housing market, together with a record high order backlog, and a strong financial position create a good platform for the future.

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