| Net sales |
10,442 |
10,286 |
9,685 |
9,084 |
7,993 |
| Operating profit |
993 |
721 |
585 |
808 |
996 |
| Financial income and expenses |
-221 |
-316 |
-246 |
-206 |
-69 |
| Profit after financial items |
772 |
405 |
339 |
602 |
927 |
| Profit for the year |
562 |
254 |
192 |
483 |
721 |
| Intangible non-current assets |
7,447 |
7,940 |
7,965 |
8,440 |
7,191 |
| Property, plant and equipment |
1,089 |
1,147 |
1,051 |
899 |
627 |
| Financial assets |
26 |
39 |
121 |
146 |
27 |
| Inventories |
1,652 |
1,724 |
1,653 |
1,646 |
1,189 |
| Other receivables |
1,684 |
1,874 |
1,683 |
1,550 |
1,217 |
| Cash equivalents |
813 |
331 |
272 |
376 |
345 |
| Total assets |
12,711 |
13,055 |
12,745 |
13,057 |
10,596 |
| Equity attributable to the shareholders |
5,443 |
5,306 |
4,958 |
4,968 |
4,285 |
| Non-controlling interests |
4 |
3 |
2 |
3 |
6 |
| Interest-bearing liabilities and provisions |
4,892 |
5,164 |
5,463 |
5,785 |
4,216 |
| Non-interest-bearing liabilities and provisions |
2,372 |
2,582 |
2,322 |
2,301 |
2,089 |
| Total equity and liabilities |
12,711 |
13,055 |
12,745 |
13,057 |
10,596 |
| EBITA |
1,417 |
1,159 |
1,135 |
1,221 |
1,273 |
| EBITA margin, % |
13.6 |
11.3 |
11.7 |
13.4 |
15.9 |
| Adjusted EBITA |
1,259 |
1,165 |
1,015 |
1,124 |
1,273 |
| Adjusted EBITA margin, % |
12.1 |
11.3 |
10.5 |
12.4 |
15.9 |
| One-off costs |
158 |
-6 |
120 |
97 |
– |
| Earnings growth EBITA, % |
22 |
2 |
-7 |
-4 |
59 |
| Capital employed |
10,339 |
10,475 |
10,428 |
10,764 |
8,509 |
| Working capital, yearly average |
2,286 |
2,284 |
2,290 |
2,008 |
1,347 |
| Financial net liabilities |
4,048 |
4,920 |
5,192 |
5,410 |
3,870 |
| Operating margin, % |
9.5 |
7.0 |
6.0 |
8.9 |
12.5 |
| Profit margin, % |
7.4 |
3.9 |
3.5 |
6.3 |
11.6 |
| Return on equity, % |
11 |
5 |
4 |
10 |
22 |
| Return on capital employed, % |
10 |
7 |
5 |
8 |
12 |
| Return on working capital (P/WC), % |
62 |
51 |
50 |
61 |
95 |
| Equity ratio, % |
43 |
41 |
39 |
38 |
40 |
| Debt/equity ratio, times |
0.9 |
1.0 |
1.1 |
1.2 |
1.0 |
| Net debt/equity ratio, times |
0.7 |
0.9 |
1.0 |
1.1 |
0.9 |
| Interest coverage ratio, times |
9 |
5 |
5 |
14 |
15 |
| Interest-bearing net debt/EBITDA, times |
2.2 |
3.2 |
3.5 |
3.5 |
2.6 |
| Earnings per share before dilution, SEK |
4.59 |
2.06 |
1.56 |
3.96 |
6.03 |
| Earnings per share after dilution, SEK |
4.59 |
2.06 |
1.56 |
3.95 |
6.01 |
| Cash flow per share, SEK |
11.42 |
8.98 |
6.35 |
7.46 |
8.46 |
| Equity per share, SEK |
44.67 |
43.54 |
40.69 |
40.76 |
35.14 |
| Average number of shares, 000 |
121,864 |
121,863 |
121,856 |
121,779 |
119,418 |
| Share price as at 31 December, SEK |
159.10 |
137.30 |
109.40 |
108.60 |
381.40 |
| Cash flow from operating activities |
1,392 |
1,095 |
773 |
909 |
1,010 |
| Cash flow from investing activities |
-497 |
-386 |
-317 |
-1,086 |
-2,977 |
| Cash flow from financing activities |
-305 |
-682 |
-554 |
134 |
2,070 |
| Cash flow for the year |
590 |
27 |
-98 |
-43 |
103 |
| Average number of employees |
2,292 |
2,311 |
2,284 |
2,157 |
1,548 |
| Number of employees at year-end |
2,295 |
2,256 |
2,301 |
2,219 |
1,802 |
