Continued positive earnings trend and strong cash flows in the third quarter
“EBITA in the business group increased by 28% in the third quarter of 2020. For the last 12-month period, EBITA amounted to SEK 1,669m, up 60%. Cash flow also remained strong and contributed to the continuing decline in leverage. As earnings levels also improve, Ratos’s leverage has fallen to 1.4x* in the third quarter of 2020, compared with 3.0x in the third quarter of 2019. After the end of the period, an agreement was signed to divest Bisnode to Dun & Bradstreet. The divestment is a good deal for Ratos and reduces risk in the business group while freeing up capital. This enables us to