Year-end report 2017

2018-02-16

This is information that Ratos AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 08.00 CET on 16 February 2018.

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)

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

Stockholm 16 February 2018
Jonas Wiström
CEO

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