YEAR END REPORT 1 APRIL 2020- 31 MARCH 2021
Niklas Stenberg, President and CEO, and Malin Enarson, CFO
CLEAR VISION FOR FUTURE GROWTH
Leading technical solutions for a sustainable tomorrow
- Increased share of value-add
- Catalyst for sustainable growth
- Adding passion for people and entrepreneurship
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FULL YEAR 2020/2021
HIGHLIGHTS
Net sales
SEK 11,336 m, -3%
EBITA margin
11.0%
From 11.6%
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- Favourable business spread gave stable outcome
- Adjusted for scrubber-related volumes, both sales and earnings increased with improved margin
- Measures implemented to adapt cost level to current sales volumes
- Strong cash flow from stable margins and more efficient working capital
- 14 new companies acquired during the year
- Board proposes dividend of 1.20 SEK (1.00)
QUARTER 4
HIGHLIGHTS
Net sales
SEK 2,927 m, -4%
EBITA margin
11.4%
From 13.4%
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- Continued favourable demand with positive trends in most key segments
- Fewer project deliveries and decreased inflow of new projects related to power grids affected sales negatively
- Operating margin almost in line with last year's strong closing adjusted for revaluations of purchase considerations
- Positive effects from cost- and long- term streamlining measures
QUARTER 4
RECOVERY IN DEMAND CONTINUES
- Net sales decreased compared to last year's strong closing
- All business areas developing according to plan. Limited effect in the quarter from component shortage
- Favourable market situation in forest industry and wind power - clear recovery in the engineering industry and special vehicle
- Fewer project deliveries mainly affecting sales volumes in Automation
- Decreased inflow, from high levels, of new projects involving infrastructure products for power grids within Energy
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Addtech AB published this content on 18 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 May 2021 10:22:20 UTC.