Welding fume extraction solutions

Financials 2017

Net sales SEK 3,148.5m (3,107.3), which organically is an increase of 0.1 percent. 

Adjusted operating profit SEK 285.8m (250.3). Adjusted operating margin was 9.1 percent (8.1).

Operating profit SEK 278.1m (250.3), which gave an operating margin of 8.8 percent (8.1).

Net profit SEK 186.3m (172.1).

Earnings per share SEK 15.93 (14.72).

The Board of Directors proposes a dividend of SEK 6.00 (5.50) per share.

Development by quarter

Q1 Good sales trends. Strong development of service in the US. Good development on most markets in EMEA. Continued weak development in China.

Q2 Incoming orders increased organically by 13.6 percent. Good order growth in the US. A number of major orders booked in EMEA. Good development for the core business in China.

Q3 Good number of incoming orders, improved profitability and a strong and stable cash flow. Continued positive development in Canada. Digital sales channels are ever more important for EMEA. Strong development in China.

Q4 Net sales increased organically by 4.9 percent. Strong profitability in Americas. Continued good growth figures in Germany and UK. Very strong figures for incoming orders in China. Acquisition of the Norwegian company NEO Monitors, a global pioneer within laser-based solutions for the measuring of gases and dust in all types of industries.