GROUP DEVELOPMENT

Sales development
Net sales in the Addtech Group decreased during the period by 4 percent to SEK 2,805 million (2,934). The organic growth amounted to -7 percent and acquired growth amounted to 4 percent. Exchange rate changes had a negative effect of 1 percent on net sales, corresponding to SEK 46 million.

Profit development
EBITA for the period amounted to SEK 306 million (341), representing a decrease of 10 percent. Operating profit decreased during the period by 17 percent to SEK 243 million (292) and the operating margin amounted to 8.7 percent (10.0). Net financial items were SEK -10 million (-6) and profit after financial items decreased by 19 percent to SEK 233 million (286).

Profit after tax for the period decreased by 19 percent to SEK 184 million (226) and the effective tax rate amounted to 21 percent (21). Earnings per share before dilution for the period amounted to SEK 2.65 (3.35).

For the latest twelve month period, earnings per share before dilution amounted to SEK 12.15 (10.85).