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Kristina Ekeblad
Investor Relations Manager
+46 (0)704 130 926
Contact me

Financial facts.

Financial objectives

  • Revenue growth including acquisitions of at least 10 per cent per year.
  • EBITA margin of at least 10 per cent.

In addition, the Board adopted a dividend policy and guideline for financial position:

  • Approximately half of profit after tax over time is to be distributed to shareholders.
  • Based on the premise of a strong balance sheet and financial flexibility, the net debt/EBITDA ratio should not exceed approximately 1.5x.

Key figures five-year summary

Key figures  2016 2017 2018 2019 2020
Sales (mSEK) 1,755.9 1,762.4 1,842.2 1,858.2 1,627.0
Organic growth (%) 4.8 0.4 2.2 0.5 -12.7
Operating margin (%) 5.3 5.4 6.5 7.6 8.0
Return on shareholders’ equity (%) 12.0 13.4 16.9 18.1 15.2
Return on capital employed (%) 21.9 14.1 21.4 19.4 15.9
Equity/asset ratio (%) 44.5 61.2 60.6 55.2 59.9
Debt/equity ratio (mutliple) 0.2
Number of employees at end of year 2,044 2,076 2,119 2,262 1,821

2016 figures refer to continuing operations after the divestment of Business Area Engineering Services Germany.

Definitions

Capital employed The balance sheet total minus non interest-bearing provisions and liabilities.
Cash flow per share Cash flow from current activities divided by the weighted average number of outstanding shares over the year adjusted for the dilution effect on potential shares.
EPS before dilution Profit/loss after tax attributable to the parent company’s owners divided by the average number of outstanding ordinary shares excluding shares held as own shares by the parent company.
EPS after dilution Profit/loss after tax attributable to the parent company’s owners divided by the average number of outstanding shares adjusted for the dilution effect of potential shares.
EBITA margin
Operating profit before amortisation as a percentage of revenue.
EBITDA margin Operating profit before depreciation and amortisation as a percentage of revenue.
Equity/assets ratio Shareholders’ equity as a percentage of the balance sheet total.
Net cash/ net debt Cash and cash equivalents and interest-bearing receivables with deductions for
interest-bearing provisions and liabilities, excluding lease liabilities.
Organic growth Year-on-year increase in income adjusted for currency effects, acquisitions and divestments.
Operating margin (EBIT) Operating profit as a percentage of operating income.
Operating margin before depreciation Operating profit before depreciation as a percentage of operating income.
Profit margin Profit before tax as a percentage of operating income.
Return on shareholders’ equity Profit for the period after tax  divided by the average shareholders’ equity.
Return on capital employed  Profit before tax plus financial costs divided by the average capital employed.
Shareholders equity per share after dilution Shareholders’ equity divided by the number of shares at end of the year adjusted for the dilution effect on potential shares.
Shareholders equity per share before dilution Shareholders’ equity divided by the number of shares at end of the year excluding shares held as own shares by the parent company.

Analysts

Following financial institutions regularly monitor Semcon:

Stock broker Analyst  
Danske Bank Fredrik Lithell fredrik.lithell@danskebank.se
ABG Sundal Collier Introduce Stefan Knutsson stefan.knutsson@abgsc.se

Contact us

Kristina Ekeblad
Investor Relations Manager
+46 (0)704 130 926
Contact me

Björn Strömberg
CFO
+46 (0)31 721 03 05
Contact me
About

Björn Strömberg
CFO

Born 1960
Master of Business Administration, School of Business, Economics and Law, University of Gothenburg
Employed since 2007
Shareholding in Semcon: 24,112

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