Interim report
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INTERIM REPORT JANUARY - JUNE 2021 APRIL - JUNE 2021 ► Net sales increased by 30.3 % to SEK 1,488 million ( 1,142 ) ▸ Operating profit amounted to SEK 38 million ( 34 ) ► Profit after financial items amounted to SEK 16 million ( 7 ) ► Profit after tax amounted to SEK 9 million ( 4 ) ► Earnings per share amounted to SEK 0.03 ( 0.04 ) ► Cash flow from operating activities amounted to SEK -158 million ( 257 ) In 2021 , non - recurring items impacted the profit after financial items by SEK -43 million ( -30 ) . ► EBITDA excluding non - recurring items amounted to SEK 144 million ( 128 ) ► Net debt amounted to SEK 1,034 million ( 2,149 ) ► Net debt excl . lease liability decresed to SEK 415 million ( 1,453 ) JANUARY - JUNE 2021 ► Net sales increased by 17.7 % to SEK 3,011 million ( 2,558 ) ► Operating profit amounted to SEK 140 million ( 75 ) ► Profit after financial items amounted to SEK 85 million ( 34 ) ► Profit after tax amounted to SEK 59 million ( 22 ) ► Earnings per share amounted to SEK 0.34 ( 0.23 ) ► Cash flow from operating activities amounted to SEK -56 million ( 383 ) In 2021 , non - recurring items impacted the profit after financial items by SEK -57 million ( -42 ) . ► EBITDA excluding non - recurring items amounted to SEK 323 million ( 249 ) THE GROUP IN SUMMARY For definitions , see p . 13 Net Sales , SEK millions EBITDA excl . non - recurring items , SEK millions EBITDA - margin , % Profit after net financial items excl . non - recurring items Profit margin , % Profit after tax , SEK millions Earnings per share , SEK ¹ Cash flow from operating activities , SEK millions Interest - bearing net debt , SEK millions Interest - bearing net debt excluding lease liability , SEK millions SECOND QUARTER 1 ITAB INTERIM REPORT JANUARY - MARCH 2021 2021 1,488 144 9.7 59 4.0 9 0.03 -158 1,034 415 A 2020 1,142 128 11.5 37 3.2 4 0.04 257 2,143 -1,115 1,453 -1,038 30 % 13 % 59 % P 125 % e / t e / t " Compared to last year 2021 have had a good start and during the second quarter the currency adjusted growth was 34 % with 13 % coming from the acquisition of Cefla Retail Solutions . The customer sector Grocery is leading the growth with 24 % for the first half year . " Andréas Elgaard CEO & President IMPORTANT EVENTS JANUARY - JUNE 2021 JAN - JUN ► ITAB's recapitalisation completed The rights issue has contributed SEK 768 million before equity issue costs The offset issue has contributed SEK 100 million to equity All A shares have been reclassified to B shares ► Acquisition of 81 % of Cefla's business unit for retail solutions completed . 2021 3,011 323 10.7 142 4.7 59 0.34 -56 1,034 415 2020 2,558 249 9.9 76 3.0 22 0.23 383 2,149 1,453 ¹ ) In connection with ITAB's recapitalisation , the number of shares has increased from 102,383,430 to 218,100,192 shares . A 18 % 30 % 87 % 168 % e / t e / t -1,115 -1,038 ITAB Read more on pg . 2 FULL YEAR JUL - JUN ROLLING , 12 MONTHS 5,776 652 11.3 274 4.7 15 0.09 372 1,034 415 JAN - DEC 2020 5,323 578 11.0 208 3.9 -22 -0.21 811 1,748 1,092 A FINANCIAL INFORMATION 2 % 10 % 21 % e / t e / t -3 % -714 -870