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Share 2017-08-18 17:29 RATOS B 38.10 SEK

Year-end report 2016

2017-02-17

This information is information that Ratos AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 CET on 17 February 2017.

Development in company portfolio

  • Sales growth +13%. Adjusted for the size of Ratos's holding, net sales amounted to SEK 22,794m (20,164)
  • Adjusted EBITA development -2%, adjusted for Ratos's holding, mainly due to weak performance of GS-Hydro. The portfolio's adjusted EBITA amounted to SEK 1,384m (1,414)
  • EBITA performance -19%, adjusted for the size of Ratos's holding. The portfolio's adjusted EBITA amounted to SEK 1,005m (1,233)

Acquisitions and divestments

  • The acquisitions of Serena Properties, airteam, Oase Outdoors, Gudrun Sjödén Group and Plantagen were completed
  • Divestment of Euromaint, Mobile Climate Control and Analytical Instruments, part of Biolin Scientific
  • Initial public offering for Arcus
  • Agreement signed for the divestment of AH Industries

Financial information

  • The impairment of book values in Aibel, AH Industries, Biolin Scientific, Euromaint, GS Hydro and Jøtul during the year amounted to SEK 1.9 billion, attributable to the owners of the parent, of which SEK 1.1 billion is attributable to Aibel
  • Profit/share of profits from companies amounted to SEK 295m (664), weak earnings development, particularly in GS-Hydro and Aibel
  • Proposed dividend of SEK 2.00 per share (3.25)
  • Earnings per share before and after dilution amounted to SEK -1.79 (1.29)
  • Cash and cash equivalents in the parent company totalled SEK 2,677m (4,677)

All information related to the Year-end report can be found here.

Stockholm 17 February 2017
Magnus Agervald
CEO

For further information, please contact:
Helene Gustafsson, Head of IR & Press, +46 8 700 17 98