INTERIM REPORT Q2 2023/2024

GROUP DEVELOPMENT

Sales development
Net sales in the Addtech Group increased in the second quarter by 10 percent to SEK 4,879 million (4,418). The organic growth amounted to 1 percent and acquired growth amounted to 4 percent. Exchange rate changes affect net sales positively with 5 percent, corresponding to SEK 213 million.

Net sales in the Addtech Group during the period increased by 13 percent to SEK 9,968 million (8,794). The organic growth amounted to 4 percent and acquired growth amounted to 5 percent. Exchange rate changes affect net sales positively with 4 percent, corresponding to SEK 385 million.

Profit development
EBITA in the second quarter amounted to SEK 727 million (582), representing an increase of 25 percent. Operating profit increased during the quarter by 27 percent to SEK 618 million (489) and the operating margin amounted to 12.7 percent (11.1). Net financial items amounted to SEK -39 million (-25) and profit after financial items increased by 25 percent to SEK 579 million (464). 

Profit after tax increased by 23 percent to SEK 447 million (362) corresponding to earnings per share before/after dilution of SEK 1.60 (1.30).

EBITA for the period amounted to SEK 1,423 million (1,152), representing an increase of 23 percent. Operating profit increased during the period by 25 percent to SEK 1,213 million (971) and the operating margin amounted to 12.2 percent (11.0). Net financial items were SEK -125 million (-69) and profit after financial items increased by 21 percent to SEK 1,088 million (902). 

Profit after tax for the period increased by 19 percent to SEK 839 million (706) and the effective tax rate amounted to 23 percent (22). Earnings per share before/after dilution for the period amounted to SEK 3.00 (2.50). For the latest twelve month period, earnings per share before dilution amounted to SEK 6.05 (4.65) and after dilution to SEK 6.05 (4.60).

 

Net sales and EBITA margin, rolling 12 months

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