Interim report
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Interim report January - June 2021 APRIL - JUNE 2021 > Net sales increased by 31 % to SEK 762.2 million ( 580.6 ) . In USD , net sales increased 52 % . For comparable units , net sales increased by 15 % , and in USD the increase was 33 % . > > > > NCAB GROUP > > > Order intake increased 118 % to SEK 1,057.8 million ( 486.2 ) . In USD , the increase was 152 % . For comparable units , order intake increased by 98 % , and in USD the increase was 129 % . JANUARY - JUNE 2021 Net sales increased by 30 % to SEK 1,379.3 million ( 1,063.7 ) . In USD , net sales increased 49 % . For comparable units , growth in SEK was 9 % and in USD 26 % . EBITA increased 105 % to SEK 103.8 million ( 50.6 ) , representing an EBITA margin of 13.6 % ( 8.7 ) . EBITA was positively impacted by SEK 11.0 million in forgiven loans in the USA , PPP * ) loans , and transaction cost of SEK 1.3 millions . EBITA , excluding the effect of the forgiven PPP loans and transaction cost , was SEK 94.1 million , corresponding to a margin of 12.3 % ( 10.3 ) . Operating profit was SEK 99.7 million ( 48.1 ) . Operating margin was 13.1 % ( 8.3 ) . Profit after tax was SEK 77.9 million ( 20.4 ) . Earnings per share was SEK 4.16 ( 1.21 ) . Order intake increased 94 % to SEK 2,036.7 million ( 1,049.7 ) . In USD , order intake increased 124 % . For comparable units the increase was 67 % in SEK and 98 % in USD . EBITA increased to SEK 162.1 million ( 88.4 ) , representing an EBITA margin of 11.8 % ( 8.3 ) . SEK 3.5 million was charged to EBITA relating to transaction costs for PreventPCB and sas - electronics , but was positively impacted by the forgiven PPP * ) loans . Excluding transaction costs and the PPP loans , EBITA amounted to SEK 154.6 million , corresponding to an EBITA margin of 11.2 % ( 9.7 ) . Operating profit was SEK 155.1 million ( 85.1 ) . Operating margin was 11.2 % ( 8.0 ) . Profit after tax was SEK 118.7 million ( 60.8 ) . Earnings per share was SEK 6.34 ( 3.46 ) . SIGNIFICANT EVENTS DURING AND AFTER THE QUARTER The Annual General Meeting on 10 May resolved to pay a dividend of SEK 5.00 per share . > On June 24 , 100 per cent of the shares in sas - electronics , in Germany , was acquired . * ) Loan value of SEK 11,0 million within the American program Pay check Protection Program have under the quarter been forgiven . This is booked as other income and has contributed positivly on gross margin and EBITA . Key performance indicators Order intake , SEK million Order intake , USD million Net sales , SEK million Net sales , USD million Gross margin , % EBITA , SEK million EBITA margin , % Operating profit , SEK million Operating margin , % Profit after tax , SEK million Earnings per share , SEK Cash flow from operating activities , SEK million Return on capital employed , % Return on equity , % USD / SEK - average EUR / SEK - average Apr - Jun 2021 1,057.8 126.2 762.2 90.9 31.6 103.8 13.6 99.7 13.1 77.9 4.16 30.3 8.41 10.14 2020 % 486.2 118 50.0 152 580.6 31 60.0 52 29.4 50.6 105 8.7 48.1 8.3 20.4 282 1.21 244 76.9 -61 9.69 10.66 107 Jan - Jun 2021 2,036.7 242.7 1,379.3 164.4 30.2 162.1 11.8 155.1 11.2 118.7 6.34 28.3 23.8 26.1 8.40 10.13 2020 % 1,049.7 94 108.1 124 1,063.7 30 110.0 49 30.5 88.4 83 8.3 85.1 82 8.0 60.8 95 3.46 83 79.5 -64 23.7 24.3 9.67 10.66 NCAB Group AB ( publ ) | Interim Report January - June 2021 Full - year LTM 2020 3,230.4 2,243.4 378.4 243.8 2,430.9 2,115.2 284.2 229.8 30.5 30.3 264.4 190.7 10.9 9.0 252.4 182.3 10.4 8.6 185.4 127.5 9.90 7.03 143.2 194.3 23.8 23.7 26.1 24.3 8.57 9.20 10.22 10.49 1