GROUP DEVELOPMENT

Sales development
Net sales in the Addtech Group increased in the first quarter by 33 percent to SEK 4,376 million (3,279). The organic growth amounted to 17 percent and acquired growth amounted to 13 percent. Exchange rate changes affect net sales positively with 3 percent, corresponding to SEK 99 million.

Profit development
EBITA for the period amounted to SEK 570 million (402), representing an increase of 42 percent. Operating profit increased during the period by 45 percent to SEK 482 million (332) and the operating margin amounted to11.0 percent (10.1). Net financial items were SEK -44 million (-14) and profit after financial items increased by 38 percent to SEK 438 million (318). 

Profit after tax for the period increased by 37 percent to SEK 344 million (250) and the effective tax rate amounted to22 percent (21). Earnings per share before/after dilution for the period amounted to SEK 1.20 (0.90). For the latest twelve month period, earnings per share before dilution amounted to SEK 4.30 (2.85) and after dilution to SEK 4.25 (2.85).