The Group in summary
| Income statement summary. SEK million | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 9528.7 | 9512.9 | 8843.6 | 6 718.6 | 6 098.8 |
| Other operating income | 95.3 | 130.7 | 123.9 | 111.5 | 146.2 |
| Operating costs | -8053.7 | -7803.2 | -7213.2 | -5 596.9 | -5 469.6 |
| Result before amortizations. depreciations and write-downs | 1570.3 | 1840.4 | 1754.3 | 1 233.2 | 775.4 |
| Amortizations. depreciations and write-downs | 307.9 | -263.2 | -249.2 | -227.3 | -229.5 |
| Operating result | 1262.3 | 1577.2 | 1505.1 | 1 005.9 | 545.9 |
| Net financial items | -128.9 | -137.7 | -55.0 | -43.0 | -64.9 |
| Result before tax | 1133.4 | 1439.4 | 1450.1 | 962.9 | 481.0 |
| Tax expense | -253.3 | -320.4 | -281.3 | -202.9 | -118.0 |
| Result for the year | 880.0 | 1119.0 | 1168.8 | 760.0 | 363.0 |
| Balance sheets in brief | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Trademarks | 642.0 | 604.4 | 588.9 | 531.4 | 494.3 |
| Other fixed assets | 3165.8 | 2688.4 | 2681.0 | 2 345.6 | 2 336.4 |
| Inventory | 5124.2 | 5346.8 | 5297.7 | 2 937.6 | 2 883.0 |
| Accounts receivable | 1596.7 | 1475.2 | 1664.1 | 1 359.6 | 1 059.3 |
| Other current assets | 251.9 | 251.9 | 292.5 | 158.5 | 118.5 |
| Liquid assets | 545.8 | 372.6 | 419.4 | 327.9 | 325.1 |
| Total assets | 11326.4 | 10739.3 | 10943.6 | 7 660.6 | 7 216.7 |
| - | - | - | - | - | - |
| Equity attributable to shareholders | 7216.4 | 6459.3 | 5889.4 | 4 566.7 | 3845.0 |
| Equity attributable to non-controlling interest | 0.8 | 1.2 | 1.1 | 0.9 | 10.5 |
| Provisions | 201.5 | 207.9 | 190.4 | 164.9 | 165.7 |
| Interest-bearing liabilities | 2364.6 | 2401.5 | 2749.0 | 1 396.7 | 2 142.7 |
| Non-interest-bearing liabilities | 1543.3 | 1669.5 | 2113.7 | 1 531.5 | 1 052.7 |
| Total equity and liabilities | 11326.4 | 10739.3 | 10943.6 | 7 660.6 | 7 216.7 |
| Cash flows | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Cash flow before changes in working capital and investments | 1108.1 | 1362.8 | 1383.2 | 993.0 | 631.8 |
| Changes in working capital | 170.2 | -399.0 | -1743.2 | 214.4 | 574.8 |
| Cash flow before investments | 1278.3 | 963.8 | -360.0 | 1 207.4 | 1 206.6 |
| Net investments | -296.8 | -220.9 | -522.2 | -114.2 | -57.5 |
| Cash flow after investments | 981.5 | 742.9 | -882.2 | 1 093.2 | 1 149.1 |
| Financial payments | -830.1 | -785.4 | 934.1 | -1 110.9 | -1 155.6 |
| Cash flow for the year | 151.4 | -42.5 | 51.9 | -17.7 | -6.4 |
| Financial highlights | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales. SEK million | 9528.7 | 9512.9 | 8843.6 | 6 718.6 | 6 098.8 |
| Operating result. SEK million | 1262.3 | 1577.2 | 1505.1 | 1 005.9 | 545.9 |
| Result for the year. SEK million | 880.0 | 1119.0 | 1168.8 | 760.0 | 363.0 |
| Cash flow from operating activities. SEK million | 1278.3 | 963.8 | -360.0 | 1 207.4 | 1 206.6 |
| Balance sheet total. SEK million | 11326.4 | 10739.3 | 10943.6 | 7 660.6 | 7 216.7 |
| - | - | - | - | - | - |
| Net sales growth. % | 0.2 | 7.6 | 31.6 | 10.2 | -11.7 |
| Gross profit margin. % | 49.4 | 50.3 | 49.5 | 48.1 | 43.2 |
| Operating margin. % | 13.2 | 16.6 | 17.0 | 15.0 | 9.0 |
| Equity ratio. % | 63.7 | 60.2 | 53.8 | 59.6 | 53.4 |
| Net debt to equity ratio. % | 25.2 | 31.4 | 39.5 | 23.4 | 47.1 |
| Net debt in relation to working capital. % | 33.2 | 37.2 | 44.7 | 35.7 | 59.5 |
| - | - | - | - | - | - |
| Earnings per share. SEK* | 6.63 | 8.43 | 8.81 | 5.73 | 2.755 |
| Dividend per share. SEK* | 3.5 | 3.5 | 3.25 | 2.00 | 0.00 |
| - | - | - | - | - | - |
| Number of employees | 2 451 | 2 450 | 2312 | 2 060 | 2 064 |
| - | - | - | - | - | - |
| *Recalculated with regard to the 2:1 share split carried out i May 2023 | - | - | - | - | - |
| Per share data | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Number of shares before and after dilution* | 132 687 086 | 132 687 086 | 132 687 086 | 132 687 086 | 132 687 086 |
| Earnings per share before and after dilution, SEK* | 6.63 | 8.43 | 8.81 | 5.73 | 2.755 |
| Equity per share before and after dilution, SEK* | 54.39 | 48.68 | 44.385 | 34.415 | 28.98 |
| Share price on 31 December, SEK* | 97.15 | 101.88 | 103.2 | 83.9 | 27.25 |
| P/E ratio 31 December | 14.64 | 12.08 | 11.72 | 14.64 | 9.89 |
| Dividend per share, SEK* | 3.5 | 3.5 | 3.25 | 2.00 | 0.00 |
| Dividend yield, % | 3.60 | 3.44 | 2.06 | 2.38 | - |
| Operating cash flow per share, SEK* | 9.63 | 7.26 | -2.7 | 9.1 | 9.01 |
| - | - | - | - | - | - |
| *Recalculated with regard to the 2:1 share split carried out i May 2023 | - | - | - | - | - |