Financial Statement 2011

Report this content

Strong conclusion to 2011

Quarter 4

  • Incoming orders amounted to SEK 514.4m (519.3), which adjusted is an increase of 9.8 %*.
  • Net sales amounted to SEK 587.2m (521.8), which adjusted is an increase of 20.6 %*.
  • Operating profit excluding acquisition costs and restructuring costs was SEK 59.8m (39.1). The adjusted operating margin was 10.2% (7.5).
  • Operating profit was SEK 59.8m (17.6). The operating margin was 10.2% (3.4).
  • Net profit was SEK 45.3m (10.3).
  • Earnings per share before and after dilution were SEK 3.87 (0.88).

January-December

  • Incoming orders amounted to SEK 2,024.5m (1,689.8), which adjusted is an increase of 11.0 %*.
  • Net sales amounted to SEK 2,000.9m (1,694.1), which adjusted is an increase of 8.4 %*.
  • Operating profit excluding acquisition costs, restructuring costs and capital gain on disposal of subsidiaries was SEK 167.0m (106.7). The adjusted operating margin was 8.3% (6.3).
  • Operating profit was SEK 140.5m (51.3). The operating margin was 7.0% (3.0).
  • Net profit was SEK 86.8m (21.1).
  • Earnings per share before and after dilution were SEK 7.41 (1.8).
  • The board proposes a dividend of SEK 3.25 (1.50) per share.

* adjusted for currency effects, acquisitions and disposals


CEO’s comments
“Progress in Q4 was satisfactory with good growth for both orders received and invoicing. The operating margin was 10.2% at the end of the quarter, which shows that the expected synergies are working as planned. Early in Q1 2012 we concluded the acquisition of Lebon & Gimbrair in the Netherlands and we also acquired a business in Turkey. Both of these acquisitions take place on important markets and are in line with our strategies to develop our position in the value chain and to expand geographically.”

Sven Kristensson, CEO


Further information can be obtained from
Sven Kristensson, CEO

Telephone +46 (0)42-18 87 00
e-mail: sven.kristensson@nederman.se

Stefan Fristedt, CFO
Telephone +46 (0)42-18 87 00

e-mail: stefan.fristedt@nederman.se

For further information, see Nederman’s website www.nederman.com

Nederman Holding AB (publ),
Box 602, SE-251 06 Helsingborg, Sweden
Telephone +46 (0)42-18 87 00, Telefax +46 (0)42-18 77 11
Co. Reg. No. 556576-4205

Nederman is required to disclose the information provided herein according to the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instrument Trading Act. The information was submitted for publication on 15 February 2012 at 8 a.m.

Subscribe

Documents & Links