Year-End Report 2021, January-December,
Fourth quarter of 2021
- Net sales in the fourth quarter to amounted to
SEK 2,901 (2,489) million. Organic growth was 8 per cent and growth from acquisitions 8 per cent, while exchange rate effects accounted for 1 per cent. -
Adjusted EBITA increased by 13 per cent to
SEK 174 (153) million and the operating margin was 6.0 (6.2) per cent. -
EBIT was
SEK 95 (82) million. Profit after tax wasSEK 62 (49) million. -
Earnings per share were
SEK 0.6 (0.5). -
The Board of Directors proposes a dividend for 2021 of
SEK 4.80 (4.40) per share, comprising a regular dividend ofSEK 2.40 (2.00) and an extraordinary dividend ofSEK 2.40 (2.40) to be distributed in two payments ofSEK 2.40 andSEK 2.40 per share, respectively.
Full-year 2021
- Net sales for full-year 2021 amounted to
SEK 10,104 (9,591) million. Organic growth was 3 per cent and growth from acquisitions 3 per cent, while exchange rate effects accounted for 0 per cent. -
Adjusted EBITA increased by 13 per cent to
SEK 631 (556) million and the operating margin was 6.2 (5.8) per cent. -
EBIT was
SEK 403 (318) million. Profit after tax wasSEK 265 (191) million. -
Earnings per share were
SEK 2.8 (2.0). - Cash conversion for full-year 2021 was 98 (108) per cent.
- Leverage in relation to adjusted EBITDA was 2.0 (1.6).
GROUP EARNINGS SUMMARY
| Oct-Dec |
| Jan-Dec | ||
| 2021 | 2020 |
| 2021 | 2020 |
Net sales, SEK m | 2,901 | 2,489 |
| 10,104 | 9,591 |
Organic growth, % | 8 | -7 |
| 3 | -7 |
Acquired growth, % | 8 | 1 |
| 3 | 2 |
FX-effects, % | 1 | -3 |
| 0 | -2 |
Adjusted EBITA, SEK m | 174 | 153 |
| 631 | 556 |
Adjusted EBITA-margin, % | 6.0 | 6.2 |
| 6.2 | 5.8 |
EBIT, SEK m | 95 | 82 |
| 403 | 318 |
Income for the period, SEK m | 62 | 49 |
| 265 | 191 |
Cash conversion, % | 133 | 123 |
| 98 | 108 |
Earnings per share, SEK | 0.6 | 0.5 |
| 2.8 | 2.0 |
Invitation to a press and analyst presentation
On
https://onlinexperiences.com/Launch/QReg/ShowUUID=8E350BD2-7FCE-4025-A07B-9AA18EE83341
To listen to the presentation by telephone, dial +46850558356 (
The briefing material and a recording of the webcast will be published on the company's website www.coor.com, under Investors/Reports and presentations, after the briefing.
Annual General meeting 2022
The Annual General Meeting will be held on 29 April, at
Financial calendar
For further information
For questions concerning the financial report, please contact our CFO and Director of Investor Relations
For questions concerning the operations or the company in general, please contact AnnaCarin Grandin, President and CEO (+46 10 559 57 70) or Magdalena Öhrn, Director of Communications (+46 10 559 55 19).
More information is also available on our website: www.coor.com
This constitutes information which
As the leading provider of facility management services, Coor aims to create the happiest, healthiest and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing and streamlining our customers' service activities. This enables our customers to do what they do best.
Coor's customer base includes many large and small companies and public-sector organisations across the Nordic region, including
Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com
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