Financial Statement 2013
Strong incoming orders at year-end
Quarter 4
- Incoming orders amounted to SEK 777.8m (734.8), which adjusted is an increase of 7.5 %*.
- Net sales amounted to SEK 706.0m (762.9), which adjusted is a decrease of 5.9 %*.
- The operating profit excluding acquisition costs and restructuring costs was SEK 57.0m (74.2). The adjusted operating margin was 8.1% (9.7).
- The operating profit was SEK 55.9m (70.4). The operating margin was 7.9% (9.2).
- The net profit was SEK 31.3m (47.3).
- Earnings per share before dilution was SEK 2.67 (4.04) and after SEK 2.66 (4.04).
January-December
- Incoming orders amounted to SEK 2,755.4m (2,230.0), which adjusted is an increase of 0.4 %*.
- Net sales amounted to SEK 2,659.2m (2,272.6), which adjusted is a decrease of 5.1 %*.
- The operating profit excluding acquisition and restructuring costs was SEK 170.2m (192.7). The adjusted operating margin was 6.4% (8.5).
- The operating profit was SEK 127.5m (176.5). The operating margin was 4.8% (7.8).
- The net profit was SEK 69.7m (117.8).
- Earnings per share before dilution was SEK 5.95 (10.06) and after dilution SEK 5.93 (10.06).
- The board proposes a dividend of SEK 4.00 (4.00) per share.
* adjusted for currency effects and acquisitions
CEO’s comments
“2013 has been a challenging year with significant fluctuations between quarters. The year ended with a strong set of incoming orders, especially in the Americas region. Profitability in this region developed very satisfactorily during the year. Development for the acquired units (EFT) was especially good.
In both of the other regions, EMEA and APAC, weak market conditions meant less positive development.
Cash flow for the Group was strong in the second half of the year due to improved profitability and a reduction in operating capital.
Sven Kristensson, CEO
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 12 February 2013 at 8 a.m.
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
Facts about Nederman
Nederman is one of the world's leading companies supplying products and services in the environmental technology sector focusing on industrial air filtration and recycling. The company's products and systems are contributing to reducing the environmental effects from industrial production, to creating safe and clean working environments and to boosting production efficiency.
Nederman's offering encompasses everything from the design stage through to installation, commissioning and servicing. Sales are carried out via subsidiaries in 30 countries and agents and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in Europe, North America and Asia.
The Group is listed on Nasdaq OMX, Stockholm; it has about 1 950 employees and sales of about SEK 3 billion.
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