Year-End Report 1 January - 31 December 2020
DIGITALISATION DRIVING BUSINESS AND STRENGTHENING MARGINS
FOURTH QUARTER SUMMARY, OCTOBER – DECEMBER 2020
• Net sales decreased by 1 per cent to SEK 921 m (933), of which -12 per cent was organic.
Currency-adjusted organic growth was -9 per cent.
• EBITA increased to SEK 108 m (100), for an EBITA margin of 11.7 per cent (10.7).
• Operating profit increased to SEK 76 m (73), for an operating margin of 8.3 per cent (7.8).
• Profit after tax increased to SEK 55 m (50).
• Earnings per share increased to SEK 1.65 (1.50).
• Cash flow from operating activities increased to SEK 181 m (173).
• The Board of Directors proposes a dividend of SEK 2.50 per share.
• Acquisition of the simulation company Scanscot Technology, with SEK 38 m in net sales.
• Magnus Falkman appointed as new CEO of Technia and President of the Product Lifecycle Management division,
effective 1 January 2021.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
• No significant events have occurred after the end of the reporting period.
This information is such 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 persons set out below, at 8:30 a.m. CET on 3 February 2021.
For more information, please contact:
Johan Andersson, President and CEO, Addnode Group
Phone: +46 (0) 704 20 58 31, e-mail: johan.andersson@addnodegroup.com
Lotta Jarleryd, CFO, Addnode Group
Phone: +46 (0) 72 247 92 01, e-mail: lotta.jarleryd@addnodegroup.com
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 1 800 employees in Sweden, Germany, UK, Australia, Austria, Canada, Denmark, Finland, France, India, Japan, Netherlands, Norway, Serbia, Slovakia, and USA. Net sales in 2020 amounted to SEK 3,807 million. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com