Year-end report
January – December 2018
Improved profit and increased dividends
October – December 2018
- Net sales SEK 14,845 million (14,490)
- Operating profit SEK 863 million (753)
- Operating margin 5.8 percent (5.2)
- Pre-tax profit SEK 839 million (825)
- Earnings per share SEK 2.39 (2.31)
- Orders received SEK 10,451 million (13,039)
- Cash flow before financing SEK 949 million (1,508)
January – December 2018
- Net sales SEK 52,233 million (49,981)
- Operating profit SEK 2,573 million (2,418)
- Operating margin 4.9 percent (4.8)
- Pre-tax profit SEK 2,518 million (2,458)
- Earnings per share SEK 7.12 (7.01)
- Orders received SEK 51,087 million (48,999)
- Order backlog SEK 45,819 million (40,205)
- Cash flow before financing SEK -1,021 million (2,295)
- Net debt SEK 3,551 million (1,216)
- Equity/assets ratio 30.4 percent (32.2)
- The Board proposes a dividend of SEK 4.20 (4.00)
per share
Comments from the CEO
After a strong finish we can conclude that 2018 was a stable year in which our business developed positively. Net sales, profits and margins all grew and we start 2019 with a large and well diversified order backlog.