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Mekonomen Group Interim report January - June 2021 Strong performance in an improved market April 1 - June 30 , 2021 • Net sales increased 11 percent to SEK 3,210 M ( 2,894 ) . Organic growth was 12 percent . Net sales were negatively impacted 2 percent due to currency effects . • Adjusted EBIT amounted to SEK 314 M ( 281 ) and the adjusted EBIT margin was 10 percent ( 10 ) . ● EBIT totaled SEK 280 M ( 211 ) and the EBIT margin was 9 percent ( 7 ) . EBIT was not impacted by any items affecting comparability during the quarter ( neg : 31 ) . ● Earnings per share , before and after dilution , amounted to SEK 3.24 ( 2.49 ) . • Cash flow from operating activities amounted to SEK 406 M ( 669 ) . • Net debt was SEK 2,549 M ( 3,299 ) at the end of the period , compared with SEK 2,673 M at December 31 , 2020 and SEK 2,733 M at March 31 . • Restrictions related to covid - 19 had a limited impact on the quarter , while the comparative period was adversely impacted by the outbreak of covid - 19 and the data breach . January 1 - June 30 , 2021 • Net sales increased 8 percent to SEK 6,211 M ( 5,768 ) . Organic growth was 11 percent . Net sales were negatively impacted by currency effects of 3 percent . • Adjusted EBIT amounted to SEK 538 M ( 379 ) and the adjusted EBIT margin was 9 percent ( 6 ) . ● EBIT totaled SEK 466 M ( 270 ) and the EBIT margin was 7 percent ( 5 ) . EBIT was not impacted by any items affecting comparability during the period ( neg : 31 ) . Earnings per share , before and after dilution , amounted to SEK 5.10 ( 2.20 ) . • Cash flow from operating activities amounted to SEK 585 M ( 731 ) . • Restrictions related to covid - 19 had a limited impact on the period , while the comparative period was adversely impacted by the outbreak of covid - 19 and the data breach . • New financing through the issue of a senior unsecured bond of SEK 1.25 billion . ● At the capital markets day held on February 25 an updated strategy was presented to achieve the long - term financial targets . 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 Apr - Jun 2021 1 ) 3 210 314 280 243 188 3,24 10 9 Apr - Jun 2021 280 Apr - Jun 2020 -34 314 2 894 281 211 194 148 2,49 10 Apr - Jun 2020 7 211 -31 -31 Change , % -39 281 11 12 33 25 27 30 Change , % 33 Jan - Jun 2021 12 6211 538 466 382 296 5,10 Jan - Jun 2021 9 7 466 Jan - Jun 2020 -72 538 5 768 379 270 182 133 2,20 Jan - Jun 2020 6 5 270 -31 Change , % -31 August 20 , 2021 8 42 72 110 123 131 Change , % 72 42 12 months Jul - Jun Items affecting comparability , total -78 " Other items " , material acquisition - related items Adjusted EBIT 379 1 ) Other items include material acquisition - related items . Current acquisition - related items pertain to the amortization of acquired intangible assets relating to the acquisitions of FTZ , Inter - Team , MECA and Sørensen og Balchen . 11 954 1 095 933 797 610 10,57 9 8 12 months Jul - Jun 933 -19 6 -13 Full - year 2020 -149 1 095 11 511 937 738 596 446 7,67 8 Full - year 2020 738 -50 6 -44 -155 937 1 ( 22 )