Year-end Report 2012

NET ASSET VALUE

  • The net asset value per 31 December amounted to SEK 162 per share compared to 142 kronor per share at the beginning

INDUSTRIAL OPERATIONS

Fourth quarter

  • Orders received in the industrial operations dropped to SEK 1,612 (1,726) m, which is a decrease in comparable units of
  • Net sales in the industrial operations amounted to SEK 1,697 (1,846) m, which is a decrease in comparable units of
  • The operating result before restructuring costs3) amounted to SEK 153 (180) m, which corresponds to an operating
  • Five acquisitions were made during the fourth quarter, with a total annual net sales of SEK 250 m. Kabona AB, which will
  • Pressmaster AB, with an annualized net sales of about SEK 100 m, was sold to Phoenix GmbH & Co KG during the quarter.

Full year

  • Orders received in the industrial operations dropped to SEK 6,787 (6,950) m, which is a decrease of 3 percent in comparable
  • Net sales in the industrial operations amounted to SEK 6,788 (6,831) m, which is a decrease of 2 percent in comparable
  • The operating result before restructuring costs3) amounted to SEK 652 (790) m, which corresponds to an operating margin
  • Group profit after net financial items amounted to SEK 1,493 (2,230) m.
  • Group profit after tax was SEK 1,347 (2,048) m, or SEK 8.45 (14.13) per share.2)
  • Net debt amounted to SEK 1,538 m at the end of the year, compared to SEK 1,140 m at the end of the previous year,
  • The holding in Diamorph AB (publ) increased to 21.9 percent of the shares.
  • The board proposes raising the ordinary dividend to SEK 5.00 (4.50) per share.

INVESTMENT PORTFOLIO

  • During the year the investment portfolio’s value increased by 28.1 percent adjusted for dividends while the comparable
  • In the investment portfolio the holding in Tomra increased to 18.9 percent and in HMS to 25.0 percent.

EVENTS AFTER THE REPORT PERIOD

  • Swegon strengthen its positions in England through the acquisition of Coolmation Ltd.

1)The calculation of the net asset value on 19 February 2013 was based on the value of the investment portfolio at 1 p.m. on 19 February 2013 and the same values as on 31 December were used for the wholly owned industrial operations.
2)Lower earnings per share since the number of shares increased as a result of the fusion with SäkI in July 2011. Capital gains of SEK 3.35 were included in the previous year.
3)Booked operating result before restructuring costs amounted to SEK 113 m during the fourth quarter and for the full year SEK 595 m.