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Third quarter 2019

Written by Customer Service on . Posted in Public Companies.


Strong result for Service Business and used cars  
Third quarter 2019Net turnover amounted to SEK 6,805 M (6,119), an increase of 11 per cent.Operational earnings amounted to SEK 280 M (221) and SEK 270 M excl. IFRS 16.Profits were positively affected by strong growth in the Service Business and the highest result ever, for sales of used cars, during a single quarter.Profit for the period amounted to SEK 188 M (158), SEK 196 M excl. IFRS 16, and earnings per share to SEK 1.85 (1.55).Operating cash flow amounted to SEK 460 M (140) and SEK 376 M excl. IFRS 16.
First nine months of 2019Net turnover amounted to SEK 21,105 M (21,426), a decrease of 1 per cent.Operational earnings amounted to SEK 824 M (738) and SEK 793 M excl. IFRS 16.Profit for the period amounted to SEK 545 M (520), SEK 567 M excl. IFRS 16, and earnings per share to SEK 5.40 (5.15).Operating cash flow amounted to SEK 1,139 M (463) and SEK 814 M excl. IFRS 16.Events after the balance sheet dateNo notable events have occurred after the end of the quarter. 
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