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INTERIM REPORT JANUARY - JUNE 2021 Q2 storskogen SECOND QUARTER ( 1 APRIL - 30 JUNE 2021 ) • • • • • • • • • Net sales increased by 81 percent to SEK 3,821m ( 2,109 ) . Operating profit ( EBIT ) grew by 46 percent to SEK 298m ( 204 ) , equivalent to an operating margin of 7.8 percent ( 9.7 ) . Adjusted operating profit before amortization of intangible non- current assets ( EBITA ) increased by 73 percent to SEK 383m ( 221 ) , equivalent to an adjusted EBITA margin of 10.0 percent ( 10.5 ) . Profit for the period climbed by 48 percent to SEK 210m ( 142 ) . Earnings per A - share came to SEK 1.43 ( 1.31 ) and 1.39 ( 1.33 ) per B- share . Cash flow from operating activities amounted to SEK 891m ( 345 ) . A private placement and two non - cash issues were carried out during the period June - July to a total amount of SEK 3,650 million before costs . An issue payment of SEK 2,460 million and the non- cash issues of a total of SEK 861 million were attributed to the second quarter . The remaining part of the issue proceeds was received during the third quarter . The cost of the issue amounted to SEK 19 million . 25 acquisitions were made during the quarter , with combined annual sales in 2020 of SEK 5,867m . On 4 May , Storskogen issued an unlisted senior unsecured bond for SEK 3,000m with a maturity of three years . A dividend was paid of SEK 4.00 per Series B share and SEK 4,09 per A - share . FIRST HALF ( 1 JANUARY - 30 JUNE 2021 ) • Net sales increased by 61 percent to SEK 6,713m ( 4,177 ) . Operating profit grew by 52 percent to SEK 530m ( 349 ) , equivalent to an operating margin of 7.9 percent ( 8.3 ) . Adjusted EBITA increased by 71 percent to SEK 654m ( 382 ) , equivalent to an EBITA margin of 9.7 percent ( 9.2 ) . Profit for the period climbed by 57 percent to SEK 381m ( 243 ) . Cash flow from operating activities amounted to SEK 1,088m ( 251 ) . Return on equity was 12.6 percent ( 11.4 ) . 43 acquisitions were made during the period , with combined annual sales in 2020 of SEK 8,347m . EVENTS AFTER THE QUARTER Acquisition of Jernbro Automation and an add - on acquisition to Perfect Hair were completed in July . Acquisition of five business units from Ceder Capital with a total turnover of approximately 900 MSEK has been agreed on and is expected to be finalized in October . After the quarter Storskogen has issued 2,7 million Series A shares and 1,3 million Series B shares generating proceeds of about SEK 329 million . Amounts in parentheses are for the corresponding period in 2020 . PERFORMANCE MEASURES SEK m Net sales Operating profit Operating margin , % EBITA , adjusted EBITA margin , adjusted , % Profit after financial items Profit for the period Apr - Jun Apr - Jun Jan - Jun 2021 2020 Change % 2021 Jan - Jun 2020 Change % 12 months until 30 Jun 2021 Full year 2020 3,821 2,109 81 6,713 4,177 61 11,470 8,933 298 204 46 530 349 52 955 774 7.8 9.7 7.9 8.3 8.3 8.7 383 221 73 654 382 71 1,126 854 10.0 10.5 9.7 9.2 9.8 9.6 268 188 43 481 316 52 839 673 210 142 48 381 243 57 711 574 Net debt / adjusted EBITDA ( 12 months ) 2.6 4.4 1.9 Total assets ( balance day ) 9,650 27,546 12,002 Basic and diluted earnings per share , Series A , SEK Basic and diluted earnings per share , Series B , SEK 1.43 1.31 2.71 2.29 5.43 4.62 1.39 1.33 2.63 2.29 5.36 4.69 Return on equity , % ( 12 months ) 11.4 12.6 14.2 Return on capital employed , % ( 12 months ) 9.5 8.4 10.1 Equity / assets ratio , % 38.0 31.8 43.8 Cash flow from operating activities 891 345 1,088 251 1,651 814 For definitions of alternative performance measures in accordance with the ESMA guidelines , see definitions of performance measures . STORSKOGEN ⚫ INTERIM REPORT JANUARY - JUNE 2021 1