Year-end report 1 January – 31 December 2019

Report this content

FOURTH QUARTER SUMMARY, OCTOBER–DECEMBER 2019
• Net sales increased by 11 per cent to SEK 933 m (840), of which 6 per cent was organic. Currency-adjusted organic
growth was 4 per cent.
• EBITA was SEK 100 m (105), for an EBITA margin of 10.7 per cent (12.5).
• Operating profit was SEK 73 m (80), for an operating margin of 7.8 per cent (9.5).
• Profit after tax was SEK 50 m (67).
• Earnings per share were SEK 1.50 (2.00).
• Cash flow from operating activities increased to SEK 173 m (114).
• The Board of Directors proposes an unchanged dividend of SEK 2.50 per share.
• Agreement with B. Braun on PLM solution for 13,000 users.
• Agreement with Skånetrafiken with total value of approximately SEK 120 m over four years.
• Expanded Group Management with addition of Adam Nilsson, Head of M&A and Corporate Development.


SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
• Strategic acquisition of British company Excitech, with GBP 50 m in net sales.
• Acquisition of Norwegian software company Unizite.
• Expansion of acquisition credit facility by SEK 250 m.

 

This information is inside information that Addnode Group AB (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 11.30 a.m. CEST on February 4, 2020.

For more information, please contact:
Johan Andersson, President and CEO, johan.andersson@addnodegroup.com +46 (0) 704 20 58 31
Lotta Jarleryd, Interim CFO, lotta.jarleryd@addnodegroup.com +46 (0)72 247 92 01

About Addnode Group

Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and digital services to markets in which the group have or can achieve a leading position. We are one of Europe’s leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden.

We are 1,850 employees in Sweden, Germany, UK, Australia, Austria, Canada, Denmark, Finland, France, India, Japan, Netherlands, Norway, Serbia, Slovakia, South Africa and USA. Net sales in 2019 amounted to SEK 3,434 million. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com.

Documents & Links