Key data – multi-quarter summary

(SEK M unless otherwise stated) 2019
Oct-Dec
2019
Jul-Sep
2019
Apr-Jun
2019
Jan-Mar
2018
Oct-Dec
2018
Jul-Sep
2018
Apr-Jun
2018
Jan-Mar
2017
Oct-Dec
(MSEK om inget annat anges) 2019
okt-dec
2019
jul-sep
2019
apr-jun
2019
jan-mar
2018
okt-dec
2018
jul-sep
2018
apr-jun
2018
jan-mar
2017
okt-dec
Net sales Nettoomsättning 984 977 1,193 1,205 1,154 1,111 1,312 1,226 1,095
Earnings measurements Resultatmått
Gross result Bruttoresultat 138 137 164 166 152 151 179 187 152
Underlying gross result Underliggande bruttoresultat 138 136 163 172 151 145 167 180 145
Operating result (EBIT) Rörelseresultat (EBIT) 8 14 32 34 22 33 22 55 5
Underlying operating result (uEBIT) Underliggande rörelseresultat (uEBIT) 9 13 32 40 17 26 26 48 9
Margin measurements Marginalmått
Gross margin Bruttomarginal 14.0% 14.0% 13.8% 13.8% 13.2% 13.6% 13.6% 15.3% 13.9%
Underlying gross margin Underliggande bruttomarginal 14.1% 13.9% 13.7% 14.2% 13.1% 13.0% 12.8% 14.7% 13.2%
Operating margin Rörelsemarginal 0.8% 1.5% 2.7% 2.8% 1.9% 3.0% 1.6% 4.5% 0.5%
Underlying operating margin Underliggande rörelsemarginal 0.9% 1.4% 2.6% 3.3% 1.4% 2.4% 2.0% 3.9% 0.8%
Capital structure Kapitalstruktur
Net debt excl. IFRS 16 1) Nettoskuld exkl. IFRS 16 1) 373 431 402 418 440 513 496 504 478
Net debt/equity ratio excl. IFRS 16 1) Nettoskuldsättningsgrad exkl. IFRS 16 1) 40% 46% 44% 45% 49% 58% 57% 59% 60%
Working capital at end of period Rörelsekapital vid periodens slut 549 608 553 568 572 617 575 554 492
Working capital (average) Rörelsekapital (genomsnittligt) 578 580 560 570 594 596 565 523 486
Capital employed (average) excl. IFRS 16 1) Sysselsatt kapital (genom-snittligt) exkl. IFRS 16 1) 1,463 1,477 1,481 1,459 1,446 1,431 1,403 1,368 1,371
Working capital tied-up Rörelsekapitalbindning 14.7% 14.8% 11.7% 11.8% 12.9% 13.4% 10.8% 10.7% 11.1%
Return Avkastning
Return on capital employed excl. IFRS 16 1) Avkastning på sysselsatt kapital exkl. IFRS 16 1) 1.5% 4.0% 8.2% 9.2% 6.0% 9.4% 6.1% 16.2% 1.7%
Per share data Per aktie
Earnings per share (SEK) Resultat per aktie (SEK) 0.57 0.30 1.44 1.56 0.83 1.73 0.54 3.03 -0.40
Earnings per share after dilution (SEK) Resultat per aktie efter utspädning (SEK) 0.57 0.30 1.44 1.56 0.83 1.73 0.54 3.03 -0.40
Equity per share (SEK) Eget kapital per aktie (SEK) 71.05 71.80 71.00 71.03 68.67 67.92 66.48 65.65 61.77
Cash flow from operating activities per share (SEK) Kassaflöde från den löpande verksamheten per aktie (SEK) 6.50 -1.03 5.11 4.79 6.13 -0.74 1.29 -0.08 0.78
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 -15% -12% -9% -2% 5% 15% 14% 8% 15%
– of which organic tonnage growth – varav organisk tonnagetillväxt -17% -11% -9% -2% 3% 4% 8% 0% 5%
– of which price and mix changes – varav pris- och mixförändringar 1% -2% -1% -2% -1% 6% 3% 6% 10%
– of which currency effects – varav valutaeffekter 1% 1% 1% 2% 3% 5% 3% 2% 0%
Other Övrigt
Average number of employees Medeltal anställda 644 646 652 664 666 665 670 670 684
Inventory gains and losses Lagervinster och -förluster -1 1 0 -6 1 7 12 7 6
Shipped tonnage (thousands of tonnes) Levererat tonnage (tusentals ton) 77 75 92 96 93 84 102 98 89
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.