Fourth quarter of 2016:
• The Group’s net turnover increased by 43.9 per cent to SEK 464.7 M (323.0).
• Operating profit rose to SEK 32.4 M (16.4).
• Profit after financial items amounted to SEK 21.7 M (17.8).
• Mobile Climate Control Group Holding AB was acquired and consolidated as of 23 November 2016.
Full-year 2016:
• The Group’s annual turnover increased by 17.4 per cent to SEK 1,543.9 M (1,315.3).
• Operating profit rose to SEK 183.9 M (134.7).
• Profit after financial items amounted to SEK 168.1 M (134.5).
• The Group’s profit after tax totalled SEK 120.8 M (95.5).
• Earnings per share amounted to SEK 9.66 (7.64).
• The Board of Directors proposes an increased dividend to SEK 43.8 M (40.6) which after the implemented new share issue in 2017 is equivalent to SEK 1.75 per share (1.63 recalculated*), corresponding to 36.2 per cent of earnings per share.
Significant events after the balance sheet day:
• Fully subscribed preferential share issue 1:1 contributed SEK 800 M before deductions for issue expenses in February 2017.
• The proceeds from the issue were used to pay off bridge financing of SEK 800 M in February.
* Dividend per share recalculated for comparative reasons based on the number of outstanding shares (25,004,048) after the new share issue was implemented in February 2017.
Read the full Year-end report 2016.