Second quarter 2018 – Increased sales and higher result

• Sales increased 7 per cent to 3,461 MSEK (3,230).
• Operating profit increased 9 per cent to 561 MSEK (517).
• Operating margin increased to 16.2 per cent (16.0).
• Profit after tax increased 16 per cent to 426 MSEK (366).
• Earnings per share increased to 1.24 SEK (1.06).
• Operating cash flow increased to 522 MSEK (423).

First half of 2018 – Increased sales and higher result

• Sales increased 6 per cent to 6,770 MSEK (6,368).
• Operating profit increased 5 per cent to 1,101 MSEK (1,049).
• Operating margin amounted to 16.3 per cent (16.5).
• Profit after tax increased 12 per cent to 837 MSEK (745).
• Earnings per share increased to 2.43 SEK (2.16).
• Operating cash flow amounted to 824 MSEK (858). 

President’s comments

“The second quarter of 2018 was another strong quarter – our best quarter to date for both sales and operating profit. The sales increased by 7 per cent and the volume development were positive. The sales have been affected positively by the fact that the sales prices have been higher, since the prices on our main raw materials have increased. The sales were still stable to automotive related customers and to customers within building and construction, while the sales to engineering and general industry improved. Operating profit increased by 9 per cent and the operating margin increased to 16.2 per cent. Earnings per share increased to 1.24 SEK.

The first half-year 2018 was strong. The sales increased by 6 per cent and earnings per share increased to 2.43 SEK. Our financial position remains strong and with a net cash of 56 MSEK we are well equipped for further expansion.”

Mikael Fryklund, President and CEO