Interim report
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INTERIM REPORT JULY - SEPTEMBER 2021 STRONG PERFORMANCE IN THE QUARTER Organic sales increased 16 percent in the quarter compared with the preceding year . ■ Net sales during the quarter increased 15 percent , negatively impacted by exchange rate effects , and amounted to SEK 8,240 M ( 7,152 ) . ■ EBIT , excluding items affecting comparability , increased 25 percent to SEK 1,203 M ( 965 ) , corresponding to an EBIT margin of 14.6 percent ( 13.5 ) . Earnings were the best to date for a third quarter . ■ Operating cash flow amounted to SEK 1,117 M ( 1,352 ) . The cash conversion ratio for the most recent 12 - month period amounted to 102 percent ( 124 ) . ■ Items affecting comparability for the quarter were a negative SEK 32 M ( neg : 81 ) and pertained to restructuring costs of SEK 65 M and a capital gain on the sale of properties of SEK 33 M. ■ EBIT , including items affecting comparability , amounted to SEK 1,171 M ( 884 ) for the quarter . ■ Earnings per share , excluding items affecting comparability , totaled SEK 3.25 ( 2.21 ) . For the Group as a whole , earnings per share were SEK 3.20 ( 2.41 ) . ■ 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 October 27 , 2021 Q3 2021 8,240 16 1,203 14.6 -65 33 -32 1,171 1,128 14 868 3.15 0.05 3.20 3.25 1,117 102 Q3 2020 7,152 -7 965 13.5 -81 -81 884 818 27 652 2.31 0.10 2.41 2.21 1,352 124 Change , % 15 25 32 38 -48 33 36 -50 33 47 -17 9M 2021 25,096 17 3,940 15.7 -153 177 24 3,964 3,831 30 2,964 10.82 0.11 10.93 10.76 3,358 102 9M 2020 22,665 -12 3,016 13.3 -178 -178 2,838 2,640 76 2,051 7.29 0.28 7.57 7.53 3,487 124 Change , % 11 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 . 31 40 45 -61 45 48 -61 44 43 -4 1 ( 24 )