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Year-end Report 2010

  • Group profit after net financial items amounted to SEK 872 (664) million.
  • Group profit after tax amounted to SEK 702 (552) million, which corresponds to SEK 5,37 (4.21) per share.
  • The Board of Directors proposes increasing this year’s dividend to SEK 3.75 (2.75) per share.

INDUSTRIAL AND TRADING OPERATIONS

Fourth quarter

  • Orders received increased to SEK 1,717 (1,331) million, an increase of 24 percent adjusted for acquisitions, divestitures
  • Net sales amounted to SEK 1,760 (1,369) million, an increase of 24 percent adjusted for acquisitions, divestitures and
  • Operating result increased to SEK 162 (102) million, an increase of 59 percent, corresponding to an operating margin
  • A number of acquisitions in the quarter – four acquisitions contribute over SEK 750 million in annual net sales. The

Full year

  • Orders received increased to SEK 6,165 (5,201) million, an increase of 20 percent adjusted for acquisitions, divestitures
  • Net sales amounted to SEK 5,991 (5,361) million, an increase of 13 percent adjusted for acquisitions, divestitures and
  • Operating result for industrial and trading operations increased to SEK 574 (340) million, an increase of 69 percent,

INVESTMENT PORTFOLIO

  • Adjusted for dividends , the value of the investment portfolio increased by 30.3 percent for the year, while the comparable

EVENTS AFTER THE REPORT PERIOD

  • The Latour business area acquired Nord-Lock’s retailer in Italy.