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Share 2018-11-16 17:29 RATOS B 24.00 SEK

Interim report January-September 2017

2017-11-14

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 08.00 CET on 14 November 2017.

Development in company portfolio

  • Sales unchanged
  • EBITA amounted to SEK 1,006m (938), +7%
  • Adjusted EBITA totalled SEK 1,045m (1,124), -7%

Acquisitions and divestments

  • Divestment of Nebula completed in the third quarter, exit gain SEK 515m
  • Divestment of Serena Properties completed in the third quarter, exit gain SEK 79m
  • 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

  • Consolidated net sales SEK 17,647m (18,579)
  • Profit before tax SEK 1,255m (-2,220)
  • Earnings per share before and after dilution SEK 2.73 (-5.74)
  • Redemption of all Class C preference shares, total redemption proceeds SEK 1,300m
  • Cash and cash equivalents in the parent company SEK 2,405m (1,627)

 

All information related to the interim report can be found here.

 

Stockholm 14 November 2017
Magnus Agervald
CEO

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