Nobia year-end report January-December 2004
| October-December | January-December | ||
Key figures | 2004 | 2003 | 2004 | 2003 |
Net sales, SEK m | 2,850 | 2,377 | 11,337 | 9,273 |
Operating profit before depreciation, SEK m (EBITDA) | 315 | 252 | 1 245 | 872 |
Operating profit before goodwill amortisation, SEK m (EBITA) | 244 | 185 | 963 | 625 |
Operating profit, SEK m (EBIT) | 221 | 168 | 868 | 565 |
Operating margin before goodwill amortisation, % | 8.6 | 7.8 | 8.5 | 6.7 |
Operating margin, % | 7.8 | 7.1 | 7.7 | 6.1 |
Profit after financial items, SEK m | 192 | 152 | 745 | 500 |
Profit after tax, SEK m | 135 | 106 | 497 | 338 |
Earnings per share, after dilution, SEK | 2.33 | 1.83 | 8.59 | 5.84 |
Return on capital employed, % | | | 18.5 | 14.6 |
Return on capital shareholders' equity, % | | | 19.6 | 13.0 |
- Net sales climbed 22 per cent to SEK 11,337 million (9,273) and by 20 per cent in Q4
- Organic growth was 11 per cent (12 per cent in Q4)
- Strong growth and increased cost-effectiveness boosted EBITA by 54 per cent to SEK 963 million (625)
- EBITA margin improved to 8.5 per cent (6.7) and by 8.6 per cent (7.8) in Q4
- The acquisition of EWE-FM of Austria was finalised in January 2005
- Operating cash flow rose considerably to SEK 654 million (260)
- Profit after financial items soared by 49 per cent to SEK 745 million (500)
- Profit after tax rose by 47 per cent to SEK 497 million (338)
- Earnings per share reached SEK 8.59 (5.84)
- The Board proposes increased dividends of SEK 3.0 (2.25)
For further information about this report, please contact:
Fredrik Cappelen, President and CEO, Jan Johansson, CFO,
Johanna Berggren, Acting Communications Manager, Anna-Karin Källén, IR, tel. + 46 8 440 16 00
Financial information is also available at: www.nobia.se
Stockholm, 11 February 2005
Fredrik Cappelen
President and CEO
Nobia AB corporate registration no. 556528-2752.
This report has not been reviewed by the company's auditors.
The Interim Reports for 2005 will be published on 27 April, 19 July and 27 October 2005.