FOURTH QUARTER (1 JANUARY - 31 MARCH 2020)

• Net sales increased by 6 percent and amounted to SEK 3,038 million (2,864).
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 32 percent and amounted to SEK 407 million (309) corresponding to an EBITA margin of 13.4 percent (10.8).
• Operating profit increased by 35 percent and amounted to SEK 352 million (260) corresponding to an operating margin of 11.6 percent (9.1).
• Profit after tax increased by 47 percent and amounted to SEK 265 million (180) and earnings per share before dilution amounted to SEK 3.90 (2.65).
• The cyberattack that hit the Group in October 2019 is not expected to have affected net sales, although it did affect EBITA with direct expenses by approximately SEK 10 million in the fourth quarter. These direct expenses are recognised as Group items.
• The outbreak of the COVID-19 pandemic had a limited effect on the outcome for the quarter.

FULL YEAR (1 APRIL 2019 - 31 MARCH 2020)

• Net sales increased by 16 percent and amounted to SEK 11,735 million (10,148).
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 26 percent and amounted to SEK 1,364 million (1,085) corresponding to an EBITA margin of 11.6 percent (10.7).
• Operating profit increased by 28 percent and amounted to SEK 1,161 million (910) corresponding to an operating margin of 9.9 percent (9.0).
• Profit after tax increased by 30 percent and amounted to SEK 873 million (672) and earnings per share before dilution amounted to SEK 12.85 (9.85).
• Return on working capital (P/WC) amounted to 56 percent (53).
• Return on equity amounted to 32 percent (29) and the equity ratio amounted to 36 percent (36).
• Cash flow from operating activities amounted to SEK 1,117 million (524), of which the implementation of IFRS 16 has resulted in an increase of SEK 154 million. Cash flow per share from operating activities amounted to SEK 16.65 (7.80).
• The cyberattack that hit the Group in October 2019 is estimated to have impacted net sales for the financial year by approximately SEK 130 million and EBITA by approximately SEK 100 million.
• During the year, we have completed twelve acquisitions and closed another three after the end of the year. In total, this equals approximately SEK 1,200 million in annual sales.
• The Board of Directors has decided to postpone the decision regarding the proposal on dividend for the time being.