Year-end Report 2020

JANUARY 1 – DECEMBER 31, 2020(compared with the corresponding period a year ago) · Highest adjusted EBITA and highest adjusted EBITA margin ever · Target raised for adjusted return on capital employed to above 17% by 2025 · Net sales declined 5.6% to SEK 121,752m (128,975) · Organic net sales declined 1.9% · Sales were negatively impacted by the COVID-19 pandemic and related lockdowns · In emerging markets, which accounted for 37% of net sales, organic net sales increased 2.6% · Operating profit before amortization of acquisition-related intangible assets (EBITA)