Interim report
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Interim report 1 January - 30 June 2021 Second quarter highlights Net sales increased to SEK 676.9 million ( 326.4 ) , corresponding to growth of 107.4 percent . Organic growth was 9.6 percent . ● EBITA increased to SEK 68.0 million ( 22.4 ) and the EBITA margin was 10.0 percent ( 6.9 ) . " Growth and profitability driven by high activity " ● Items affecting comparability¹ impacted earnings negatively by SEK -6.8 million ( -7.9 ) . Adjusted EBITA ( excluding items affecting comparability ) increased to SEK 74.7 million ( 30.2 ) . Earnings for the period amounted to SEK 45.2 million ( 16.9 ) , earnings per share before dilution amounted to SEK 1.00 ( 0.56 ) and earnings per share after dilution were SEK 1.00 ( 0.54 ) . ● • Operating cash flow rose to SEK 62.4 million ( 11.7 ) . The order book increased to SEK 1,745.5 million ( 874.0 ) , corresponding to growth of 99.7 percent . Significant events during the quarter ● Five new acquisitions have been signed in the quarter . RSM Fasade and Rogaland Blikk in Norway , Byens Tag & Facade in Denmark , plus Engman Tak and Åby Fasad in Sweden . ● Fasadgruppen subsidiary company SmartFront has been contracted by Riksbyggen to perform comprehensive exterior renovation work and energy efficiency improvements at eight properties with a total of 98 apartments in Linköping . Key figures² SEK millions Net sales EBITA EBITA margin , % Adjusted EBITA Adjusted EBITA margin , % Cash flow from operating activities Cash conversion , % Return on capital employed , % Return on capital employed excluding goodwill etc. , Return on shareholders ' equity , % Profit / loss before tax Order book 2021 Apr - June 676.9 68.0 10.0 74.7 11.0 62.4 78.6 10.3 113.4 12.9 58.2 1745.5 2020 Apr - June 326.4 22.4 6.9 30.2 9.3 11.7 43.2 13.8 148.3 25.0 21.6 874.0 A 107.4 % 203.8 % 147.2 % 431.6 % 169.6 % 99.7 % First six months highlights Net sales increased to SEK 1,110.0 million ( 589.0 ) , corresponding to growth of 88.5 percent . Organic growth was 1.5 percent . EBITA increased to SEK 85.6 million ( 46.9 ) and the EBITA margin was 7.7 percent ( 8.0 ) . Items affecting comparability¹ impacted earnings negatively by SEK -16.0 million ( -5.3 ) . Adjusted EBITA ( excluding items affecting comparability ) increased to SEK 101.6 million ( 52.1 ) . ● ● ● Fasadgruppen ● Earnings for the period amounted to SEK 52.5 million ( 33.4 ) , earnings per share before dilution amounted to SEK 1.16 ( 1.24 ) and earnings per share after dilution were SEK 1.16 ( 1.20 ) . ● Operating cash flow rose to SEK 64.9 million ( 48.2 ) . Events after the end of the period ● Fasadgruppen has joined the Global Compact initiative ● Three additional acquisitions have been completed : Eklunds Glas , Er - Jill and Husby Takplåtslageri . • Fasadgruppen subsidiary company DVS Entreprenør has been contracted to perform comprehensive renovation work on 142 townhouses outside Oslo . 2021 2020 Jan - June Jan - June 1110.0 85.6 7.7 101.6 9.2 64.9 61.0 10.3 113.4 12.9 67.3 1745.5 589.0 46.9 8.0 52.1 8.9 48.2 85.5 13.8 148.3 25.0 42.8 874.0 A 88.5 % 82.6 % 94.9 % 34.7 % 57.3 % 99.7 % 2021Q2 12M 1861.4 172.6 9.3 198.4 10.7 172.7 83.9 10.3 113.4 12.9 138.7 1745.5 2020 Jan - Dec 1340.4 133.9 10.0 148.9 11.1 155.9 100.0 19.3 184.7 99.7 114.2 1021.0 1 For items affecting comparability in the respective period , see note 7 . 2 IFRS measured are Net Sales and Profit / loss before tax . Other measures are Alternative performance measures , for definitions of Alternative performance measures , see page 18 . Fasadgruppen is the largest façade work company in the Nordics and the only complete provider of sustainable façades operating nationwide in Sweden . The operations are based on local entrepreneurial companies that maintain a clear focus on cooperation , commitment and know - how .