Interim report
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Instalco Interim report January - June 2021 Strong growth and high rate of acquisition April - June 2021 • Net sales increased by 33.9 percent to SEK 2,311 ( 1,725 ) million . Organic growth , adjusted for currency ef fects , was 12.0 ( 2.3 ) percent . • EBIT increased to SEK 197 ( 154 ) mil lion , which corresponds to an EBIT margin of 8.5 ( 8.9 ) percent . • Cash flow from operating activities for the period was SEK 104 ( 190 ) million . • Ten acquisitions were made during the quarter , which , on an annual basis , contribute an estimated total sales of SEK 318 million . • Earnings per share for the period amounted to SEK 2.90 ( 2.38 ) . Key figures SEK m Net sales January - June 2021 • Net sales increased by 25.0 percent to SEK 4,253 ( 3,401 ) million . Organic growth , adjusted for currency ef fects , was 5.3 ( 7.6 ) percent . 1 Instalco interim report Q2 2021 ● EBIT increased to SEK 347 ( 274 ) mil lion , which corresponds to an EBIT margin of 8.2 ( 8.1 ) percent . • Cash low from operating activities for the period was SEK 269 ( 321 ) million . · A total of 15 acquisitions were made during the period , which on an annual basis contribute an esti mated total sales of SEK 576 million . Earnings per share for the period amounted to SEK 4.97 ( 4.03 ) . April - June April - June 2021 2020 2,311 1,725 197 154 8.5 8.9 199 154 8.6 9.0 195 150 8.4 8.7 197 152 Operating profit / loss ( EBIT ) Operating profit / loss ( EBIT ) , % EBITA EBITA margin , % Adjusted EBITA¹ ) Adjusted EBITA margin , % ¹ ) Earnings before taxes Cash flow from operating activities Order backlog Earnings per share , SEK 2 ) 1 ) Adjusted for items associated with , inter alia , acquisitions . 2 ) Calculated in relation to the number of shares before dilution at the end of the reporting period . 104 6,610 2.90 Jan - June 2021 4,253 347 8.2 351 8.2 349 8.2 337 190 6,006 2.38 269 6,610 4.97 Jan - June 2020 3,401 274 8.1 274 8.1 281 8.3 260 321 6,006 4.03 INSTALCO 12 - months rolling 2020/2021 7,973 677 8.5 681 8.5 693 8.7 671 636 6,610 9.92 INSTALCO Jan - Dec 2020 7,122 604 8.5 605 8.5 625 8.8 594 689 6,625 9.00 www.instalco.se