Press release
Year-End Report 1 January – 31 December 2016
STOCKHOLM, 7 FEBRUARY 2017
Fourth quarter summary, October – December 2016
- Net sales increased to SEK 658.7 m (614.4), up 7 per cent
- EBITA was SEK 63.4 m (69.5), corresponding to an EBITA margin of 9.6 per cent (11.3)
- Operating profit was SEK 47.6 m (58.0), corresponding to an operating margin of 7.2 per cent (9.4)
- Profit after tax was SEK 36.8 m (45.5)
- Earnings per share after dilution were SEK 1.21 (1.50)
- Cash flow from operating activities was SEK 72.9 m (98.0)
Twelve-month summary, January – September 2016
- Net sales increased to SEK 2,195.0 m (1,900.8), up 15 per cent
- EBITA increased to SEK 170.6 m (168.0), corresponding to an EBITA margin of 7.8 per cent (8.8)
- Operating profit was SEK 113.7 m (126.0), corresponding to an operating margin of 5.2 per cent (6.6)
- Profit after tax was SEK 82.3 m (95.5)
- Earnings per share after dilution were SEK 2.71 (3.18)
- Cash flow from operating activities was SEK 157.7 m (143.8)
Significant events during the third quarter, October – December 2016
- Agreement with train manufacturer Stadler
- Johan Andersson appointed as new President and CEO effective from 2017 AGM, and Staffan Hanstorp proposed as new Chairman of the Board
- Consolidation to three business areas
- Acquisition of remaining shares in the company behind Kompanion
- Additional acquisition credit facility of SEK 200 m secured
Significant events after the end of the reporting period
- Framework agreement signed with Swedish Prosecution Authority with order value of SEK 80 m
- Addnode Group has been moved up from the Small Cap to the Mid Cap segment on Nasdaq Stockholm
- The Board of Directors proposes an unchanged dividend of SEK 2.25 (2.25) per share
For more information, please contact:
Staffan Hanstorp, President and CEO Addnode Group AB Tel: +46 (0) 73 377 24 30, e-mail: [email protected]
Johan Andersson, CFO Addnode Group AB Tel: +46 (0) 704 205 831, e-mail: [email protected]
This information is inside information that Addnode Group AB (publ) is obliged make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 08.30 February 7, 2017.
About Addnode Group
Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe's leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway. More than 600,000 engineers and officials use our system solutions on a daily basis.
We are 1,200 employees in Sweden, Austria, Denmark, Finland, Germany, India, Norway, Slovakia, UK, US and Serbia. Net sales in 2016 amounted to SEK 2,195 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit www.addnodegroup.com