Fourth quarter of 2023 in brief
- Sales totaled
SEK 2,252 million (2,364) - Operating profit (EBITA) was
SEK 177 million (163) - EBITA margin of 7.9% (6.9)
- Profit after tax was SEK 125 million (105), excl. non-recurring items
- Diluted earnings per share were
SEK 0.46 (0.39), excl. non-recurring items - Cash flow after investments amounted to
SEK 80 million (–188).
“Our focus on improving margins is going to plan and gradually generating results,” said
Medical Solutions sales amounted to
“Demand within surgery was lower in the quarter, which was the reason for the negative growth. In vitro diagnostics (IVD) volumes were in line with the previous year. Other product areas were solid, but were affected by inventory adjustments ahead of year-end,” added
Integrated Solutions sales amounted to
“Several of our consumer electronics customers have seen reduced end-customer demand for consumer discretionary goods due to the economic slowdown. In
Industrial Solutions sales amounted to
“The performance was due to strong demand, particularly in automotive, offset by lower demand for consumer discretionary goods due to the weaker economy,” noted
Full year 2023
- Sales totaled
SEK 9,546 million (10,774) - Operating profit (EBITA) was
SEK 761 million (908), excl. non-recurring items - Profit after tax was SEK 545 million (656), excl. non-recurring items
- Diluted earnings per share were
SEK 2.02 (2.44), excl. non-recurring items - Cash flow after investments rose to SEK 446 million (8), excl. acquisitions
- The equity/assets ratio was 56% (54) and net financial liabilities were
SEK 895 million (708)
Dividend
At the Annual General Meeting, the Board of Directors and the President and CEO will propose a dividend of SEK 1.50 per share (1.90), which corresponds to
Annual General Meeting
The Annual General Meeting will be held on
Merger of business areas
“Many of our customers are optimizing their resources and presence based on a global market approach and want global suppliers with a local presence,” explained
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