The Year in Brief
The 2011/2012 financial year
- Net sales rose by 18 percent and reached SEK 5,200 million.
- Operating profit increased by 24 percent to SEK 470 million.
- Profit after tax rose by 23 percent to SEK 327 million, corresponding to earnings per share of SEK 14.65.
- Cash flow from the operations amounted to SEK 415 million corresponding to cash flow per share of SEK 18.90.
- Return on equity totalled 34 percent and the equity ratio was 37 percent.
- Six acquisitions were made, which added sales of more than SEK 430 million on an annual basis.
- The Board of Directors proposes a dividend of SEK 8.00 per share.
- Demand grew, but the market was more fragmented than in the past, with variations between different geographic markets, customer segments and product niches.
- Growth in sales and profit is based on good organic growth, and on the sound development of the acquired companies.
- A reorganisation to provide greater potential for growth and efficiency was implemented at the transition to the new financial year. Two new business units were formed in conjunction with the reorganisation: Industrial Products and Energy Products. The Energy & Equipment business area was at the same time renamed Energy.
| 2011/2012 | 2010/2011 | Change, percent | |
| Revenue, SEKm | 5,200 | 4,418 | 18 |
| Operating profit, SEKm | 470 | 380 | 24 |
| Return on working capital (P/WC), % | 53 | 50 | 6 |
| Earnings per share, SEK | 14.65 | 11.80 | 24 |
| Return on equity, % | 34 | 31 | 10 |
| Average number of employees | 1,612 | 1,445 | 12 |
| This document is in all respects a translation of the Swedish original Annual Report. In the event of any differences between this translation and the Swedish original, the latter shall prevail. |