Year-end report 1 April 2015 - 31 March 2016

FOURTH QUARTER (1 JANUARY - 31 MARCH 2016)

  • Net sales amounted to SEK 1,631 million (1,542) and rose by 6 percent.
  • The operating profit before amortisation of intangible non-current assets (EBITA) amounted to SEK 142 million (139) corresponding to an EBITA-margin of 8.7 percent (9.1).
  • Operating profit amounted to SEK 117 million (118) corresponding to an operating margin of 7.2 percent (7.7).
  • Profit after financial items amounted to SEK 108 million (114) and profit after tax amounted to SEK 85 million (88).
  • Earnings per share before and after dilution (EPS) totalled SEK 1.25 (1.30).
  • During the quarter, the Group implemented two acquisitions, which add annual sales of about SEK 100 million.
  • At an Extraordinary General Meeting on 9 March 2016 a decision was made, in accordance with the Board’s proposal, to distribute all of Addtech’s shares in AddLife AB to Addtech shareholders. The first day of trading in the Class B AddLife share on Nasdaq Stockholm was 16 March 2016.

FULL YEAR (1 APRIL 2015 - 31 MARCH 2016)

  • Net sales amounted to SEK 6,155 million (5,719) and rose by 8 percent.
  • The operating profit before amortisation of intangible non-current assets (EBITA) amounted to SEK 536 million (510) corresponding to an EBITA-margin of 8.7 percent (8.9).
  • Operating profit amounted to SEK 443 million (431) corresponding to an operating margin of 7.2 percent (7.5).
  • Profit after financial items amounted to SEK 423 million (410) and profit after tax amounted to SEK 333 million (321).
  • Earnings per share before and after dilution (EPS) totalled SEK 4.85 (4.70).
  • Cash Flow from operations per share amounted to SEK 7.10 (8.40).
  • Return on working capital (P/WC) amounted to 38 percent (44) and the equity ratio was 40 percent (40).
  • During the financial year 10 acquisitions made by the Group have taken effect, adding annual sales of about SEK 640 million.
  • The Board of Directors proposes a dividend of SEK 3.25 per share (3.25).

Stockholm, 12 May 2016

Johan Sjö
President and Director

The interim report for the period 1 April-30 June 2016 will be published on 15 July 2016.

The Group's 2015/2016 annual report will be published as a web version on Addtech's website, www.addtech.com, in July 2016. It will be possible to download and print out a PDF version of the annual report. A printed PDF version will be sent to shareholders who have ordered one separately.

For further information, please contact:
Johan Sjö, President and CEO, +46 8 470 49 00
Christina Kassberg, CFO, +46 8 470 49 00

About Us

Addtech is a technology trading group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 2 200 employees in approximately 120 subsidiaries that operate under their own brands. The Group has annual sales of about SEK 7 billion. Addtech is listed on Nasdaq Stockholm.