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Mekonomen Group Interim report January - March 2021 Strong organic growth and increased profitability January 1 - March 31 , 2021 • Net sales increased 4 percent to SEK 3,001 M ( 2,874 ) . Organic growth was 10 percent . Net sales were negatively impacted 4 percent due to currency effects . • Adjusted EBIT amounted to SEK 224 M ( 98 ) and the adjusted EBIT margin was 7 percent ( 3 ) . ● EBIT totaled SEK 186 M ( 59 ) and the EBIT margin was 6 percent ( 2 ) . EBIT was not impacted by any items affecting comparability during the quarter . • Earnings per share , before and after dilution , amounted to SEK 1.85 ( neg : 0.29 ) . • Cash flow from operating activities amounted to SEK 179 M ( 62 ) . • Net debt was SEK 2,733 M ( 3,928 ) at the end of the period , compared with SEK 2,673 M at December 31 , 2020 . • Restrictions related to covid - 19 impacted the quarter , the comparative period was negatively impacted by the outbreak of covid - 19 and the data breach . New financing through the issuance of a senior unsecured bond of SEK 1.25 billion . • Capital markets day was held on February 25 , where an updated strategy for achieving the long - term financial goals was presented . SUMMARY OF THE GROUP'S EARNINGS TREND SEK M Net sales Adjusted EBIT EBIT Profit after financial items Profit after tax Earnings per share , SEK Adjusted EBIT margin , % EBIT margin , % ADJUSTED EBIT SEK M EBIT Costs attributable to restructuring in business area MECA / Mekonomen Gains from sale of property in business area FTZ Items affecting comparability , total " Other items " , material acquisition - related items ¹ ) Jan - Mar 2021 3 001 224 186 140 108 1,85 7 6 Jan - Mar 2021 186 Jan - Mar 2020 -38 224 2 874 98 59 -11 -15 -0,29 Jan - Mar 2020 3 2 59 Change , % 4 Change , % 127 214 -1317 -831 -737 214 12 months Apr - Mar 11 638 1 062 865 748 569 9,80 9 7 12 months Apr - Mar 865 -50 6 -44 -154 -39 98 Adjusted EBIT 127 1 062 ¹ ) Other items include material acquisition - related items . Current acquisition - related items are amortization of acquired intangible assets relating to the acquisitions of FTZ , Inter - Team , MECA and Sørensen og Balchen . May 7 , 2021 Full - year 2020 11 511 937 738 596 446 7,67 8 6 Full - year 2020 738 -50 6 -44 -155 937 Change , % Change , % 1 13 17 25 28 28 17 13 1 ( 21 )