The year in brief
STABLE GROWTH AND STRONG CASH FLOW
For the 2014/2015 financial year the Group is reporting growth in both sales and profit, which is attributable mainly to previously implemented acquisitions. Business gradually improved during the year, but demand continues to vary between product segments, customer segments, geographic areas and companies. During the financial year, the Group completed nine acquisitions, adding annual sales of about SEK 540 million. Cash Flow from operations amounted to SEK 557 million.
Q1 Business was stableDuring the first quarter business was relatively stable on the whole, but the market variations in terms of geography, customer segments and product segments prevail. Two acquisitions were implemented in the quarter. |
Q3 Good organic growthIn the third quarter all business areas displayed good organic growth and, with contributions from implemented acquisitions, both sales and profit rose. Business improved somewhat further in Sweden and Denmark. |
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Q2 Improved demandDemand improved somewhat during the second quarter, above all for Components and Energy, despite the lack of change in the total market situation. Six acquisitions were implemented in the quarter. |
Q4 Strong Cash flowBusiness continued to flourish for all business areas in the final quarter of the year. Life Science was affected by low profitability in certain projects in Process Technology. Cash flow from operations was strong. |
Dynamisk graf: Net sales and operating profit, year
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Dynamisk graf: Net sales and operating profit, quarter
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2014/2015 | 2013/2014 | Change, % | |
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Net sales, SEKm | 6,776 | 6,089 | 11 |
Operating profit, SEKm | 536 | 501 | 7 |
Cash flow from operations, SEKm | 557 | 479 | 16 |
Return on working capital (P/WC), % | 44 | 47 | -3 |
Earnings per share, SEK | 5.90 | 5.50 | 7 |
Shareholders' equity per share, SEK | 22.60 | 20.10 | 12 |
Return on equity, % | 28 | 30 | -2 |
Average number of employees | 2,224 | 2,100 | 6 |
For definitions, see page 107. |