Key data – multi-quarter summary

(SEK M unless otherwise stated) 2020
Jan-Mar
2019
Oct-Dec
2019
Jul-Sep
2019
Apr-Jun
2019
Jan-Mar
2018
Oct-Dec
2018
Jul-Sep
2018
Apr-Jun
2018
Jan-Mar
(MSEK om inget annat anges) 2020
jan-mar
2019
okt-dec
2019
jul-sep
2019
apr-jun
2019
jan-mar
2018
okt-dec
2018
jul-sep
2018
apr-jun
2018
jan-mar
Net sales Nettoomsättning 1,118 984 977 1,193 1,205 1,154 1,111 1,312 1,226
Earnings measurements Resultatmått
Gross result Bruttoresultat 170 138 137 164 166 152 151 179 187
Underlying gross result Underliggande bruttoresultat 180 138 136 163 172 151 145 167 180
Operating result (EBIT) Rörelseresultat (EBIT) -4 8 14 32 34 22 33 22 55
Underlying operating result (uEBIT) Underliggande rörelseresultat (uEBIT) 42 9 13 32 40 17 26 26 48
Margin measurements Marginalmått
Gross margin Bruttomarginal 15.2% 14.0% 14.0% 13.8% 13.8% 13.2% 13.6% 13.6% 15.3%
Underlying gross margin Underliggande bruttomarginal 16.1% 14.1% 13.9% 13.7% 14.2% 13.1% 13.0% 12.8% 14.7%
Operating margin Rörelsemarginal -0.4% 0.8% 1.5% 2.7% 2.8% 1.9% 3.0% 1.6% 4.5%
Underlying operating margin Underliggande rörelsemarginal 3.8% 0.9% 1.4% 2.6% 3.3% 1.4% 2.4% 2.0% 3.9%
Capital structure Kapitalstruktur
Net debt excl. IFRS 16 1) Nettoskuld exkl. IFRS 16 1) 322 373 431 402 418 440 513 496 504
Net debt/equity ratio excl. IFRS 16 1) Nettoskuldsättningsgrad exkl. IFRS 16 1) 34% 40% 46% 44% 45% 49% 58% 57% 59%
Working capital at end of period Rörelsekapital vid periodens slut 520 549 608 553 568 572 617 575 554
Working capital (average) Rörelsekapital (genomsnittligt) 534 578 580 560 570 594 596 565 523
Capital employed (average) excl. IFRS 16 1) Sysselsatt kapital (genom-snittligt) exkl. IFRS 16 1) 1,389 1,463 1,477 1,481 1,459 1,446 1,431 1,403 1,368
Working capital tied-up Rörelsekapitalbindning 11.9% 14.7% 14.8% 11.7% 11.8% 12.9% 13.4% 10.8% 10.7%
Return Avkastning
Return on capital employed excl. IFRS 16 1) Avkastning på sysselsatt kapital exkl. IFRS 16 1) -1.2% 1.5% 4.0% 8.2% 9.2% 6.0% 9.4% 6.1% 16.2%
Per share data Per aktie
Earnings per share (SEK) Resultat per aktie (SEK) -1.75 0.57 0.30 1.44 1.56 0.83 1.73 0.54 3.03
Earnings per share after dilution (SEK) Resultat per aktie efter utspädning (SEK) -1.75 0.57 0.30 1.44 1.56 0.83 1.73 0.54 3.03
Equity per share (SEK) Eget kapital per aktie (SEK) 72.19 71.05 71.80 71.00 71.03 68.67 67.92 66.48 65.65
Cash flow from operating activities per share (SEK) Kassaflöde från den löpande verksamheten per aktie (SEK) 7.18 6.50 -1.03 5.11 4.79 6.13 -0.74 1.29 -0.08
Shares outstanding at period end (thousands) Antal aktier vid periodens slut (tusentals) 12,983 12,983 12,983 12,983 12,983 12,983 12,983 12,983 12,983
Number of shares (thousands) before
and after dilution
Antal aktier (tusentals) före och efter utspädning 12,983 12,983 12,983 12,983 12,983 12,983 12,983 12,983 12,983
Growth Tillväxt
Sales growth Omsättningstillväxt -7% -15% -12% -9% -2% 5% 15% 14% 8%
– of which organic tonnage growth – varav organisk tonnagetillväxt -5% -17% -11% -9% -2% 3% 4% 8% 0%
– of which price and mix changes – varav pris- och mixförändringar -3% 1% -2% -1% -2% -1% 6% 3% 6%
– of which currency effects – varav valutaeffekter 1% 1% 1% 1% 2% 3% 5% 3% 2%
Other Övrigt
Average number of employees Medeltal anställda 637 644 646 652 664 666 665 670 670
Inventory gains and losses Lagervinster och -förluster -11 -1 1 0 -6 1 7 12 7
Shipped tonnage (thousands of tonnes) Levererat tonnage (tusentals ton) 90 77 75 92 96 93 84 102 98
1) To visualize the development of BE Group’s financial position, some information is in the key figure overview that is not defined in IFRS. A reconciliation/bridge between alternative performance measures used in this report and the closest IFRS measure is presented under Alternative performance measures.

The comparative figures for 2018 are prepared according to previous accounting principles regarding leasing (IAS 17).