The order intake was SEK 3,479.5 million (3,157.3), which adjusted for the effects of exchange rates corresponds to an increase of 7.4 percent compared with the previous year.
Sales was SEK 3,553.9 million (3,148.5), which adjusted for the effects of exchange rates corresponds to an increase of 10.1 percent compared to the previous year.
Adjusted operating profit was SEK 308.1 million (285.8), giving an adjusted operating margin of 8.7 percent (9.1).
Operating profit was SEK 294.9 million (278.1), giving an operating margin of 8.3 percent (8.8).
Profit after tax was SEK 203.2 million (186.3).
Earnings per share were SEK 5.79 (5.31).*
The board proposes a dividend of SEK 2.30 (2.00) per share.*
Development by quarter
Quarter 1 Order intake grew in a currency-neutral way by 9.5 percent, and profitability was strengthened to an operating margin of 7.7 percent (6.4).
Quarter 2 Continued strong profitability. Adjusted operating profit in the quarter grew to SEK 70.4 m (60.9).
Quarter 3 Challenging quarter with the production and distribution of the disturbances in the wake of the storm Florence in the USA. Positive development for Nederman Insight.
Quarter 4 Stable quarter with good earnings. The acquisition of the Swiss Group Luwa.
* As a consequence of the share split adopted by the Annual General Meeting 2018, earnings per share and the proposed dividend by the Board in the previous years have been adjusted based on that the par value of the share is changed from SEK 0.1 to SEK 0.03.