Key data

(SEK M unless otherwise stated) 2019
Oct-Dec
2018
Oct-Dec
2019
Full-year
2018
Full-year
(MSEK om inget annat anges) 2019
okt-dec
2018
okt-dec
2019
helår
2018
helår
Net sales Nettoomsättning 984 1,154 4,359 4,803
Earnings measurements Resultatmått
Gross result Bruttoresultat 138 152 605 669
Underlying gross result Underliggande bruttoresultat 138 151 609 643
Operating result (EBIT) Rörelseresultat (EBIT) 8 22 88 132
Underlying operating result (uEBIT) Underliggande rörelseresultat (uEBIT) 9 17 94 117
Margin measurements Marginalmått
Gross margin Bruttomarginal 14.0% 13.2% 13.9% 13.9%
Underlying gross margin Underliggande bruttomarginal 14.1% 13.1% 14.0% 13.4%
Operating margin Rörelsemarginal 0.8% 1.9% 2.0% 2.8%
Underlying operating margin Underliggande rörelsemarginal 0.9% 1.4% 2.1% 2.4%
Capital structure Kapitalstruktur
Net debt excl. IFRS 16 1) Nettoskuld exkl. IFRS 16 1) 373 440 373 440
Net debt/equity ratio excl. IFRS 16 1) Nettoskuldsättningsgrad exkl. IFRS 16 1) 40% 49% 40% 49%
Working capital at end of period Rörelsekapital vid periodens slut 549 572 549 572
Working capital (average) Rörelsekapital (genomsnittligt) 578 594 570 562
Capital employed (average) excl. IFRS 16 1) Sysselsatt kapital (genomsnittligt) exkl. IFRS 16 1) 1,463 1,446 1,466 1,408
Working capital tied-up Rörelsekapitalbindning 14.7% 12.9% 13.1% 11.7%
Return Avkastning
Return on capital employed excl. IFRS 16 1) Avkastning på sysselsatt kapital exkl. IFRS 16 1) 1.5% 6.0% 5.6% 9.4%
Per share data Per aktie
Earnings per share (SEK) Resultat per aktie (SEK) 0.57 0.83 3.87 6.13
Earnings per share after dilution (SEK) Resultat per aktie efter utspädning (SEK) 0.57 0.83 3.87 6.13
Equity per share (SEK) Eget kapital per aktie (SEK) 71.05 68.67 71.05 68.67
Cash flow from operating activities per share (SEK) Kassaflöde från den löpande verksamheten per aktie (SEK) 6.50 6.13 15.37 6.60
Shares outstanding at period end (thousands) Antal aktier vid periodens slut (tusentals) 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
Growth Tillväxt
Sales growth Omsättningstillväxt -15% 5% -9% 10%
– of which organic tonnage growth – varav organisk tonnagetillväxt -17% 3%
-10% 4%
– of which price and mix changes – varav pris- och mixförändringar 1% -1%
-1% 3%
– of which currency effects – varav valutaeffekter 1% 3%
2% 3%
Other Övrigt
Average number of employees Medeltal anställda 644 666 652 668
Inventory gains and losses Lagervinster och -förluster -1 1 -6 27
Shipped tonnage (thousands of tonnes) Levererat tonnage (tusentals ton) 77 93 340 377
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.