Welding fume extraction solutions

Key Figures

SEK m  2018  2017  2016
Net sales 3,553.9  3,148.5  3,107.3
Adjusted EBITDA 372.0  338.5  298.0
Adjusted EBITDA margin, % 10.5  10.8  9.6
Operating profit 294.9  278.1  250.3
Operating margin, % 8.3  8.8  8.1
Adjusted operating profit 308.1  285.8  250.3
Adjusted operating margin, % 8.7  9.1  8.1
Profit before tax 268.0  260.1  231.7
Net profit 203.2  186.3  172.1
Earnings per share, SEK 5.79  5.31  4.91
Return on shareholders’ equity, % 17.5  18.1  18.9
Return on operating capital, % 17.8  18.0  16.8
Net debt 553.1  585.3  524.3
Net debt/equity ratio, % 44.2  54.4  53.4
Net debt/adjusted EBITDA, multiple 1.5  1.7  1.8 
Interest cover ratio 9.8  11.8  11.8

* 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.