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Year-End Report 1 January – 31 December 2019

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”Strong ending of the year”

1 OCTOBER – 31 DECEMBER 2019 (3 MONTHS)

  • Net sales increased by 44 percent to SEK 988 million (685), of which organic growth amounted to 8 percent and acquired growth amounted to 35 percent.
  • EBITA increased by 39 percent to SEK 102 million (74), corresponding to an EBITA-margin of 10.4 percent (10.8).
  • Profit after tax increased by 12 percent to SEK 49 million (44).
  • Earnings per share amounted to SEK 1.76 (1.83).
  • Cash flow from operating activities amounted to SEK 175 million (92), including IFRS 16 effect of SEK 22 million (0).

1 JANUARY – 31 DECEMBER 2019 (12 MONTHS)

  • Net sales increased by 40 percent to SEK 3,479 million (2,482), of which organic growth amounted to 5 percent and acquired growth amounted to 34 percent.
  • EBITA increased by 25 percent to SEK 305 million (245), corresponding to an EBITA-margin of 8.8 percent (9.9).
  • Profit after tax increased by 10 percent and amounted to SEK 142 million (129).
  • Earnings per share amounted to SEK 5.15 (5.36).
  • Cash flow from operating activities amounted to SEK 400 million (177), including IFRS 16 effect of SEK 87 million (0).
  • During the year, the company raised SEK 501 million in a rights issue.
  • The equity ratio amounted to 45 percent (35).
  • Return on working capital (P/WC) amounted to 51 percent (62).
  • During the year five acquisitions have been completed, with a combined annual sale of about SEK 278 million. In addition, in the fourth quarter we signed an agreement to acquire additional operations with expected annual sales of about SEK 280 million, which become effective in January 2020.  
  • The Board of Directors proposes a dividend of SEK 2.40 per share and an increase of the number of shares in the company by dividing each share into four (4) shares, so-called split.

 

Stockholm, 6 February 2020
AddLife AB (publ)

For more information, contact;
Kristina Willgård, CEO, kristina.willgard@add.life, +46 70 510 12 23
Martin Almgren, CFO, martin.almgren@add.life, +46 70 228 15 45
www.add.life


Teleconference
Investors. analysts and the media are invited to a teleconference at which CEO Kristina Willgård and CFO Martin Almgren will present the interim report. The presentation will be given in English and take about 20 minutes. after which there will be an opportunity to ask questions.

The teleconference will be at 10:00 a.m. on 6 February 2020
The presentation will be available via the following link: https://5569958126.globalmeet.com/MartinAlmgren2
Please call on: +46 8 22 90 90 code: 327497

 

AddLife is an independent player in the Life Science industry that offers high-quality products, services and advice to both the private and public sectors, mainly in the Nordic region and rest of Europe. AddLife has more than 900 employees in some 45 operating subsidiaries. The Group currently has net sales of around SEK 3.5 billion. AddLife shares are listed on Nasdaq Stockholm.


This information is information that AddLife AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 6 February 2020 at 08:00 a.m. CET.

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