Interim report
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INTERIM REPORT APRIL - JUNE 2021 CONTINUED STRONG PERFORMANCE Organic sales increased 31 percent in the quarter compared with the preceding year , which was strongly impacted by the pandemic . Net sales during the quarter increased 23 percent , despite negatively impacted by exchange rate effects , and amounted to SEK 8,637 M ( 7,031 ) . ■ EBIT , excluding items affecting comparability , increased by 58 percent to SEK 1,387 M ( 878 ) , corresponding to an EBIT margin of 16.1 percent ( 12.5 ) . Earnings were the best to date for a single quarter . ■ Operating cash flow amounted to SEK 1,279 M ( 1,403 ) . The cash conversion ratio for the most recent 12 - month period amounted to 112 percent ( 121 ) . Items affecting comparability for the quarter were a negative SEK 43 M ( neg : 61 ) and pertained to restructuring costs . ■ Earnings per share , excluding items affecting comparability , totaled SEK 3.74 ( 2.28 ) . For the Group as a whole , earnings per share were SEK 3.66 ( 2.11 ) . ■ The key figures in this report relate to continuing operations , unless otherwise stated . SEK M Continuing operations Net sales Organic sales , % EBIT , excluding items affecting comparability EBIT - margin , % Restructuring costs Capital gain on real estates Items affecting comparability EBIT TWI TRELLEBORG Profit before tax , continuing operations Net profit , discontinuing operations Net profit , Group Earnings per share , SEK Continuing operations Discontinuing operations Group Continuing operations , excluding items affecting comparability Operating cash flow Cash conversion ratio R12 , % Published on July 22 , 2021 Q2 2021 8,637 31 1,387 16.1 -43 -43 1,344 1,286 12 992 3.61 0.05 3.66 3.74 1,279 112 Q2 2020 7,031 -20 878 12.5 -61 -61 817 741 12 572 2.07 0.04 2.11 2.28 1,403 121 Change , % 23 58 65 74 0 73 74 25 73 64 -9 6M 2021 16,856 17 2,737 16.2 -88 144 56 2,793 2,703 16 2,096 7.67 0.06 7.73 7.51 2,241 112 6M 2020 15,513 -14 2,051 13.2 -97 -97 1,954 1,822 49 1,399 4.98 0.18 5.16 5.32 2,135 121 Change , % As a result of the reorganization in March 2021 , comparative figures have been restated . For further information about Group's key figures , including discontinued operations , see pages 17-18 . 9 33 43 48 -67 50 54 -67 50 41 5 1 ( 23 )