Bulten’s Q4 Report 2016

FOURTH QUARTER

Net sales reached SEK 674 million, an increase of 1.0% on the same period last year. Operating earnings (EBIT) were SEK 52 million, which corresponds to an operating margin of 7.7%. Earnings after tax were SEK 37 million. Order bookings amounted to SEK 744 million, an increase of 10.5% on the same period last year. Cash flow from operating activities was SEK 122 million. Earnings per share were SEK 1.82.

JANUARY – DECEMBER

Net sales reached SEK 2,676 million, down -0.6% on the same period last year. Operating earnings (EBIT) were SEK 200 million, which corresponds to an operating margin of 7.5%. Earnings after tax were SEK 146 million. Order bookings amounted to SEK 2,717 million, an increase of 1.6% on the same period last year. Cash flow from operating activities was SEK 351 million. Earnings per share were SEK 7.27. Net cash was SEK 30 million and the equity/assets ratio at the end of the period was 68.9%. The Board of Bulten AB proposes to the AGM a total dividend of SEK 4.50 per share for 2016, of which 3.50 SEK per share is to be considered as ordinary dividend and 1.00 SEK per share is to be considered as extra dividend.