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Share 2018-11-12 17:29 RATOS B 24.48 SEK

Year-end report 2017

Development in company portfolio full-year 2017

  • Sales -2%
  • EBITA amounted to SEK 1,048m (1,008), +4%
  • Adjusted EBITA totalled SEK 1,162m (1,336), -13%

Acquisitions and divestments

  • Divestment of Nebula and Serena Properties completed in the third quarter, total exit gain SEK 594m
  • GS-Hydro Holding Oy and GS-Hydro Oy were declared bankrupt in the third quarter
  • Divestment of the remaining shareholding in Arcus in the first quarter, exit gain SEK 33m
  • Divestment of AH Industries completed in the first quarter, exit loss SEK 32m

Financial information

  • Total impairment of book values in Diab and HL Display SEK 550m (2 504)
  • Consolidated net sales SEK 23,059m (25,228)
  • Profit before tax SEK 658 (-890)
  • Earnings per share before and after dilution SEK 0.72 (-1.79)
  • Proposed dividend SEK 2.00 per share (2.00)
  • Redemption of all Class C preference shares, total redemption proceeds SEK 1,300m
  • Cash and cash equivalents in the parent company SEK 2,226m (2,677)