Welding fume extraction solutions

Financials 2019

Orders received amounted to SEK 4,168.4 million (3,479.5), which currency-neutral corresponds to an increase of  15.2 percent compared with the preceding year.

Sales totalled SEK 4,307.7 million (3,553.9), which currency-neutral corresponds to an increase of  16.6 percent compared with the preceding year..

Operating profit amounted to SEK 343.2 million (305.7), corresponding to an operating margin of 8.0 percent (8.6).

Adjusted operating profit amounted to SEK 349.1million (318.9), corresponding to an adjusted operating margin of 8.1 percent (9.0).

Net profit amounted to SEK 225.8 million (202.8).

Earnings per share totalled SEK 6.43 (5.78).

The board proposes a dividend of SEK 2.50 (2.30) per share.

 

Development by quarter

Quarter 1 The first quarter of the year was stable for Nederman. Orders received during the quarter grew to SEK 1,019.0m (781.7), equivalent to currency-neutral growth of 22.9 percent. Sales also displayed positive growth in the quarter and amounted to SEK 1,036.4m (785.8), equivalent to currency-neutral growth of 24.4 percent.

Quarter 2 The second quarter of the year was strong for Nederman as a whole. Orders received during the quarter grew to SEK 1,044.1m (912.1), equivalent to currency-neutral growth of 10.3 percent. Sales also displayed positive growth in the quarter and amounted to SEK 1,096.2m (863.9), equivalent to currency-neutral growth of 22.2 percent.

Quarter 3 Nederman performed well in the third quarter of the year. Total orders received amounted to SEK 964.6m (817.9), equivalent to currency-neutral growth of 10.0 percent. Sales totalled SEK 1,088.6m (835.2), equivalent to currency-neutral growth of 22.4 percent.

Quarter 4 Nederman performed favourably in the fourth quarter of the year. Total orders received amounted to SEK 1,140.7m (967.8), equivalent to currency-neutral growth of 18.1 percent. Organic growth amounted to 11.4 percent. Sales totalled SEK 1,086.5m (1,069.0), equivalent to currency-neutral growth of 1.8 percent.