GROUP DEVELOPMENT
Sales development
Net sales in the Addtech Group increased in the second quarter by 5 percent to SEK 5,127 million (4,879). The organic growth amounted to 2 percent and acquired growth amounted to 5 percent. Exchange rate changes affect net sales negatively with 2 percent, corresponding to SEK 108 million.
Net sales in the Addtech Group during the period increased by 6 percent to SEK 10,565 million (9,968). The organic growth amounted to 2 percent and acquired growth amounted to 5 percent. Exchange rate changes affect net sales negatively with 1 percent, corresponding to SEK 87 million.
Profit development
EBITA in the second quarter amounted to SEK 764 million (727), representing an increase of 5 percent. Operating profit increased during the quarter by 3 percent to SEK 640 million (618) and the operating margin amounted to 12.5 percent (12.7). Net financial items amounted to SEK -65 million (-39) and profit after financial items amounted to SEK 575 million (579).
Profit after tax amounted to SEK 446 million (447) corresponding to earnings per share before/after dilution of SEK 1.60 (1.60).
EBITA for the period amounted to SEK 1,595 million (1,423), representing an increase of 12 percent. Operating profit increased during the period by 11 percent to SEK 1,353 million (1,213) and the operating margin amounted to 12.8 percent (12.2). Net financial items were SEK -134 million (-125) and profit after financial items increased by 12 percent to SEK 1,219 million (1,088).
Profit after tax for the period increased by 12 percent to SEK 941 million (839) and the effective tax rate amounted to 23 percent (23). Earnings per share before/after dilution for the period amounted to SEK 3.40 (3.00). For the latest twelve month period, earnings per share before/after dilution amounted to SEK 6.45 (6.05).