Interim report
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ENEA Interim report January – September 2021 Cybersecurity generates increased revenues July - September 2021 Net sales amounted to SEK 256.6 million ( 206.4 ) , equivalent to a 24 percent increase . Net sales increased by 26 percent in fixed currency rates . ● ● ● Operating profit amounted to SEK 48.1 million ( 42.8 ) , corresponding to an operating margin of 18.7 percent ( 20.7 ) . Operating profit , excluding non - recurring items related to the acquisition of Adaptive Mobile Security , amounted to SEK 60.5 million ( 47.6 ) , equivalent to an operating margin of 23.6 percent ( 23.0 ) . Net profit after tax amounted to SEK 50.2 million ( 31.1 ) . Earnings per share amounted to SEK 2.33 ( 1.44 ) . On July 15th Enea announced the acquisition of AdaptiveMobile Security . The acquired company is market leading in technology for the protection of signaling and messaging in mobile networks . Adaptive Mobile Security is acquired at an enterprise value of EUR 45 million . Transaction costs of SEK 12.5 million are included in administrative non recurring costs in the quarter . Key figures Total revenue , SEK m Net sales , SEK m Net sales growth , % Net sales growth currency adjusted , % Operating profit excluding non - recurring items , SEK m Operating profit , SEK m Operating margin excluding non - recurring items , % Operating margin , % Net profit after tax , SEK m Earnings per share , SEK Net debt / EBITDA ( 12 months ) Cash flow from operating activities , SEK m Cash , cash equivalents and financial investments , SEK m January - September 2021 Net sales amounted to SEK 696.4 million ( 667.1 ) , equivalent to a 4 percent increase . Net sales increased by 10 percent in fixed currency rates . ● 2021 259.0 256.6 Jul - Sep 24 26 60.5 48.1 23.6 18.7 50.2 Operating profit amounted to SEK 154.9 million ( 124.5 ) , corresponding to an operating margin of 22.2 percent ( 18.7 ) . Operating profit excluding non - recurring items amounted to SEK 167.3 million ( 148.4 ) , equivalent to an operating margin of 24.0 percent ( 22.3 ) . Net profit after tax amounted to SEK 145.7 million ( 94.9 ) . 2.33 1.76 28.3 176.4 Earnings per share amounted to SEK 6.76 ( 4.43 ) . 2020 208.8 206.4 -16 -13 47.6 42.8 23.0 20.7 31.1 1.44 0.43 82.8 180.0 Jan - Sep 2021 706.9 696.4 4 10 167.3 154.9 24.0 22.2 145.7 6.76 1.76 191.3 176.4 2020 676.8 667.1 -9 -9 148.4 124.5 22.3 18.7 94.9 4.43 0.43 212.7 180.0 Full year 2020 929.1 915.1 -8 -7 221.5 188.6 24.2 20.6 142.3 6.63 0.81 274.2 195.1 INTERIM REPORT JANUARY - SEPTEMBER 2021 ENEA 1