Multi-year summary
(SEK M unless otherwise stated) | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
Sales | 4,984 | 4,355 | 4,202 | 4,155 | 3,870 | 4,348 |
Earnings measurements | ||||||
Gross profit/loss | 622 | 547 | 527 | 524 | 561 | 619 |
Underlying gross profit/loss | 640 | 561 | 533 | 536 | 536 | 596 |
Operating result (EBIT) | -74 | -8 | -17 | -114 | 16 | 57 |
Underlying operating result (uEBIT) | 28 | 36 | 18 | 22 | 33 | 82 |
Margin measurements | ||||||
Gross margin (%) | 12.5 | 12.6 | 12.5 | 12.6 | 14.5 | 14.2 |
Underlying gross margin (%) | 12.8 | 12.9 | 12.7 | 12.9 | 13.9 | 13.7 |
Operating margin (%) | -1.5 | -0.2 | -0.4 | -2.8 | 0.4 | 1.3 |
Underlying operating margin (%) | 0.6 | 0.8 | 0.4 | 0.5 | 0.9 | 1.9 |
Cash flow | ||||||
Cash flow from operating activities | 59 | -30 | -25 | -93 | 78 | 95 |
Capital structure | ||||||
Net debt | 779 | 851 | 754 | 609 | 562 | 478 |
Net debt/equity ratio (%) | 116 | 136 | 105 | 78 | 73 | 60 |
Working capital at end of period | 368 | 388 | 426 | 525 | 506 | 492 |
Working capital (average) | 451 | 404 | 439 | 505 | 488 | 514 |
Capital employed at end of period | 1,563 | 1,537 | 1,542 | 1,427 | 1,361 | 1,341 |
Capital employed (average) | 1,666 | 1,542 | 1,581 | 1,523 | 1,383 | 1,373 |
Working capital tied-up (%) | 9.4 | 9.3 | 10.4 | 12.2 | 12.6 | 11.8 |
Return | ||||||
Return on capital employed (%) | -4.3 | -0.5 | -1.1 | -7.5 | 1.2 | 4.2 |
Per share data 1) | ||||||
Earnings per share (SEK) | -44.92 | -20.48 | -21.49 | -19.47 | -1.56 | 1.87 |
Earnings per share after dilution (SEK) | -44.92 | -20.48 | -21.49 | -19.47 | -1.56 | 1.87 |
Equity per share (SEK) | 272.52 | 253.64 | 192.78 | 60.44 | 59.41 | 61.77 |
Cash flow from operating activities per share (SEK) | 23.82 | -12.12 | -7.46 | -7.14 | 5.99 | 7.35 |
Average number of shares outstanding (thousands) | 2,470 | 2,472 | 3,400 | 8,681 | 12,983 | 12,983 |
Average number of shares outstanding after dilution (thousands) | 2,471 | 2,473 | 3,401 | 8,681 | 12,983 | 12,983 |
Growth | ||||||
Sales growth (%) | -16 | -13 | -4 | -1 | -7 | 12 |
of which, organic tonnage growth (%) | -11 | -6 | -10 | -1 | -8 | -3 |
of which, price and mix changes (%) | -3 | -6 | 4 | -2 | 0 | 14 |
of which, currency effects (%) | -2 | -1 | 2 | 2 | 1 | 1 |
of which, acquisitions (%) | – | – | – | – | – | – |
of which, divested operations (%) | – | – | – | – | – | – |
Other | ||||||
Average number of employees | 907 | 853 | 782 | 768 | 739 | 700 |
Inventory gains and losses | -20 | -14 | -6 | -12 | 28 | 27 |
Shipped tonnage (thousands of tonnes) | 485 | 455 | 411 | 406 | 374 | 363 |
1) A reverse share split 1:20 was carried out in 2016. Comparable figures has therefore been restated.