Year-end report January – December 2017
Group operative net sales for 2017 amounted to SEK 50,267 million (46,489), which was an increase of eight percent. After adjustments for acquired and divested units net sales increased by seven percent compared to the last year.
Operative operating profit for 2017 amounted to SEK 2,425 million compared to SEK 2,075 million for the last year.
Orders received for 2017 amounted to SEK 45,247 million compared to SEK 41,445 million for the last year. Order backlog amounted to SEK 38,491 million compared to SEK 33,572 million at the end of 2016.
Group
| MSEK | Oct-Dec 2017 | Oct-Dec 2016 | Jan-Dec 2017 | Jan-Dec 2016 | |
| Mkr | Okt-dec 2017 | Okt-dec 2016 | Jan-dec 2017 | Jan-dec 2016 | |
| Operative net sales 1) | Operativ nettoomsättning 1) | 14,794 | 13,795 | 50,267 | 46,489 |
| Net sales | Nettoomsättning | 14,556 | 13,879 | 50,090 | 46,337 |
| Operative operating profit 1) | Operativt rörelseresultat 1) | 774 | 641 | 2,425 | 2,075 |
| Operative operating margin, % 1) | Operativ rörelsemarginal, % 1) | 5.2 | 4.6 | 4.8 | 4.5 |
| Operating profit | Rörelseresultat | 742 | 673 | 2,405 | 2,098 |
| Operating margin, % | Rörelsemarginal, % | 5.1 | 4.8 | 4.8 | 4.5 |
| Pre-tax profit | Resultat före skatt | 814 | 668 | 2,445 | 2,050 |
| Profit for the period | Periodens resultat | 671 | 561 | 2,057 | 1,727 |
| Earnings per share, SEK | Resultat per aktie, kr | 2.27 | 1.90 | 6.97 | 5.85 |
| Return on equity, % | Räntabilitet på eget kapital, % | 21.1 2) | 20.1 2) | 21.1 | 20.1 |
| Net debt | Nettoskuld | 1,216 | 1,862 | 1,216 | 1,862 |
| Equity/assets ratio, % | Soliditet, % | 32.1 | 29.7 | 32.1 | 29.7 |
| Number of employees at the end of the period | Antal anställda | 14,344 | 13,869 | 14,344 | 13,869 |
1) Operative net sales and operative operating profit are reported according to the percentage of completion method corresponding to segment reporting. Net sales and operating profit are reported according to legal accounting.
2) Calculated on rolling 12 months.
Financial goals
Goal > 25%
The goal for the equity/assets ratio is at least 25 percent. On 31 December 2017 the equity/assets ratio was 32.1 percent compared to 29.7 percent at the end of last year.
Goal > 20%
The goal for return on equity is at least 20 percent. The return on equity was 21.1 percent (20.1).
Goal > 50%
The goal for dividends is at least 50 percent of profit after tax. The Board’s proposal for a dividend in 2017 of SEK 4.00 (3.60) per share corresponds to 58 percent (61) of profit for the year.