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Interim report January-September 2019

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Increased earnings and favourable growth in the companies during the third quarter

  • Net sales for Ratos business areas increased by 17%, 16% organic growth, and amounted to SEK 5,943m (5,071)
  • EBITA for Ratos business areas, excluding IFRS 16, amounted to SEK 302m (120)
  • Operating profit for the Group according to IFRS amounted to SEK 832m (184)
  • The sale of Ratos’s Lejonet 4 property has been completed. The capital gain amounted to SEK 487m and is included in operating profit for the Group
  • Cash and cash equivalents in the parent company amounted to SEK 1,565m

At 10.00 CET a telephone conference will be held, participant connection: UK: +44 33 3300 9260, SE: +46 8 566 426 95, US: +1 833 526 8396. The telephone conference will be webcasted live at www.ratos.se where presentation material also is available. The telephone conference will be recorded and available at www.ratos.se.

 

Stockholm 5 November 2019
Jonas Wiström
CEO

 

For further information, please contact:
Jonas Wiström, CEO, +46 8 700 17 00
Peter Wallin, CFO, +46 8 700 17 00
Helene Gustafsson, Head of IR & Press, +46 8 700 17 98

 

About Ratos:
Ratos is an investment company that develops unlisted medium-sized companies based in the Nordic region. As an active owner, the goal is to contribute to long-term, sustainable development of the companies. Ratos is listed and invests capital from its own balance sheet and thus has a flexible ownership horizon. Ratos's 12 companies are divided into three business areas; Construction & Services, Consumer & Technology and Industry. In total, the companies employ approximately 12,300 employees.

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