Q4 2023
- Adjusted EBITA amounted to
SEK 326m (318) -
Operating profit amounted to
SEK 1,206m (282) -
Profit for the period amounted to
SEK 980m (45) -
Adjusted diluted earnings per share amounted to
SEK 0.15 (-0.11) -
Diluted earnings per share amounted to
SEK 1.45 (-0.11) -
Cash flow from operating activities amounted to
SEK 882m (21)
Full-year 2023
- Adjusted EBITA amounted to
SEK 2,244m (1,966) -
Operating profit amounted to
SEK 3,010m (1,618) -
Profit for the period amounted to
SEK 2,006m (879) -
Adjusted diluted earnings per share amounted to
SEK 2.43 (2.08) -
Diluted earnings per share amounted to
SEK 3.72 (1.68) -
Cash flow from operating activities amounted to
SEK 4,275m (1,431) - Adjusted leverage excluding finance leases was 1.1x (2.3x)
- Leverage excluding finance leases was 0.7x (2.5x)
The Board of Ratos proposes a dividend for full-year 2023 ofSEK 1.25 per share (0.84)
Significant events during and after the end of the quarter
- The previous impairment of Aibel amounting to
SEK 1,656m was reversed during the period and had a positive impact on EBITA -
As a result of accounting errors within NVBS Projekt and NVBS Anläggning (two subsidiaries of
Expin Group ), the acquisition analysis has been adjusted to increase the original recognised goodwill bySEK 308m .Expin Group has also decided to leave the engineering projects market. All in all, this resulted in impairment of goodwill ofSEK 524m in the period Goodwill in Plantasjen was impaired bySEK 250m in conjunction with the annual impairment testing in the fourth quarter-
After the end of the quarter, HL Display signed an agreement to acquire pr trading-Flekota A/S, the company's distribution partner in
Denmark
"Adjusted EBITA amounted to
Jonas Wiström, President and CEO, Ratos
A presentation of the interim report will be held today at 09.00 CET. The presentation will be held in English and will also be available as a webcast on Ratos website, www.ratos.com.
The presentation can be followed on Youtube via the following link;
https://youtube.com/live/7Hg1raV2EpQ?feature=share
Participants who wish to ask questions live are asked to pre-register, please send an e-mail to helena.jansson@ratos.com in advance for a personal invitation.
Representatives of the media are welcome to contact
Jonas Wiström
President and CEO
For further information, please visit www.ratos.com or contact:
+46 76 114 54 21
josefine.uppling@ratos.com
Jonas Ågrup, CFO and IR
+46 8 700 17 00
Jonas Wiström, President and CEO
+46 8 700 17 00
This is information that
About Ratos
Ratos is a business group consisting of 17 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately
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