Year End Report 2017

Year End Report 2017

Published—2018 02 06

OCTOBER – DECEMBER 2017

  • Income amounted to SEK 1,641 million (1,766)
  • Operating profit amounted to SEK 118 million (53)
  • Profit after financial items amounted to SEK 99 million (58)
  • Profit after tax amounted to SEK 80 million (30)
  • Earnings per share amounted to SEK 0.77 (0.21)
  • Cash flow from operating activities amounted to SEK 180 million (244)
  • The company’s net debt was SEK 2,130 million (1,722)

 

JANUARY – DECEMBER 2017

  • Income amounted to SEK 6,381 million (5,417)
  • Operating profit amounted to SEK 500 million (371)
  • Profit after financial items amounted to SEK 432 million (361)
  • Profit after tax amounted to SEK 329 million (260)
  • Earnings per share amounted to SEK 3.11 (2.36)
  • Cash flow from operating activities amounted to SEK 190 million (396)
  • The company’s net debt was SEK 2,130 million (1,722)


  • The Board propose a dividend of SEK 1.75 per share (1.75).
  • A number of major non-food chains, primarily in Scandinavia, have invested less and are evaluating new solutions.
  • Strong gross margin is providing long-term conditions for product development and marketing activities.
  • Considerable interest in ITAB’s digital offer and increased efficiency in stores.
  • The Group has been positively impacted with a net effect of SEK 35 million due to the revaluation of the additional purchase price as well as structural costs. During 2016, the Group incurred costs of a non-recurring nature amounting to SEK 95 million.

 

For more information:

Ulf Rostedt, CEO +46 70-694 86 82

Other contacts:

Samuel Wingren CFO +46 70-848 43 00

 

ITAB Shop Concept AB sells, develops, manufactures and installs complete shop fitting concepts for retail chain stores. The all-inclusive offer includes custom-made fitting concepts, checkouts, self-checkout systems and professional lighting systems. Customers include the major players throughout most parts of Europe. ITAB is the market leader at checkout to retailers in Europe, and one of Europe's largest suppliers of shop fitting concepts and lighting systems. The group has approximately 3,600 employees and had 2017 a turnover of SEK 6,381 million. ITAB B-share is listed on the Nasdaq Stockholm.

 

Download full report