Definitions

Number of employees at the end of the period	The number of employees in the Group at the end of the reporting period, taking into account the degree of employment. This measure is used to know how many employees the Group has at the end of the reporting period.
Return on equity	Profit/loss after tax attributable to shareholders, as a percentage of shareholders' proportion of average equity. Return on equity measures from an ownership perspective the return that is given on the owners' invested capital.
Return on working capital (P/WC)	EBITA in relation to average working capital. P/WC is used to analyse profitability and encourage high EBITA earnings and low working capital requirements.
EBITA	Operating profit before amortisation and write-down of intangible assets. EBITA is used to assess operating profitability excluding the impact of amortisation and impairment of intangible assets, primarily arising from acquisitions.
EBITA margin	EBITA as a percentage of net sales. The EBITA margin is used to analyze value creation from the operating activities.
EBITDA	Operating profit before depreciation, amortisation and write-down. EBITDA is used to assess earnings generation before depreciation, amortisation and impairment, and as a measure closely reflecting operating cash flow before changes in working capital and investments.
Equity per share	Shareholders' proportion of equity divided by the number of shares outstanding at the end of the reporting period.
Financial net	Financial income minus financial expenses. Used to describe the development of the Group's financial activities.
Acquired growth	Changes in net sales attributable to business acquisitions compared to the same period the previous year. Acquired growth is used as a component to describe the development of the Group's net sales, where acquired growth is distinguished from organic growth, divestments, and currency effects.
Adjusted EBITA	EBITA excluding one-off costs. Increases the comparability of EBITA over time as it is adjusted for the impact of items considered to be non-recurring in nature and therefore do not reflect the underlying operations.
Adjusted EBITA margin	Adjusted EBITA in relation to net sales. Used to measure the company's profitability excluding the impact of items considered to be non-recurring in nature and therefore do not reflect the underlying operations.
One-off costs	Primarily refers to restructuring costs and revaluation of contingent considerations. Other non-recurring items may also be reported as one-off costs if this provides a more accurate view of the underlying operating result.
Cash flow from operating activities per share	Cash flow from operating activities, divided by the average number of shares. The measure is used to allow investors to easily analyze the amount of surplus from ongoing operations generated per share.
Net investments in fixed assets	Investments in fixed assets minus sales of fixed assets. The measure is used to analyze the Group's investments in the renewal and development of tangible fixed assets.
Net debt/equity ratio	Financial net liabilities in relation to shareholders’ equity. Net debt/equity ratio is used to analyse financial risk.
Organic growth	Changes in net sales excluding currency effects and acquisitions/divestments compared to the same period the previous year. Organic growth is used to analyze the underlying sales growth driven by changes in volume, product range, and price for similar products between different periods.
Profit after financial items	Profit/loss for the period before tax. Used to analyse the business’ profitability including financial activities
Earnings per share	Shareholders' share of the period's result divided by the number of shares outstanding at the end of the reporting period.
Earnings per share before dilution	Shareholders' share of the period's result divided by the average number of outstanding shares.
Earnings per share after dilution	Shareholders' share of the period's result divided by a weighted average of the number of outstanding shares, adjusted for the additional number of shares upon the exercise of outstanding options.
Profit growth EBITA	The period's EBITA decreased by previous period's EBITA divided by the previous period's EBITA. Profit growth EBITA is used to analyse asset-creating generated from operational activities.
Financial net liabilities	Interest-bearing liabilities and interest-bearing provisions, less cash and cash equivalents. Net debt is used to monitor debt development and analyse financial leverage and any necessary refinancing.
Financial net liabilities/EBlTDA	Financial net liabilities divided by EBITDA. Financial net liabilities compared with EBITDA provides a key financial indicator for financial net liabilities in relation to cash-generated operating profit; i.e., an indication of the ability of the business to pay its debts. This measure is generally used by financial institutions as a measure of creditworthiness.
Working capital	Sum of inventories and accounts receivable, less accounts payable. In the calculation of P/WC, average working capital is used. Working capital is used to analyse how much working capital is tied up in the business.
Equity ratio	Equity, including non-controlling interests, as a percentage of total assets. The equity ratio is used to analyse financial risk and shows how much of the assets are financed with equity.