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Annual Report 2024
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Subscriptions
* Average annual subscription revenue per subscriber during the period
Net sales
KPI overview
Income statement overview
2023
2024
2021
2020
2019
Net sales, MSEK
8 970
9 547
7 725
6 681
6 631
Operating EBITA, MSEK
1 027
1 090
907
729
646
EBITA, MSEK
1 013
1 087
922
712
621
Earnings per share, SEK
11.72
13.74
13.74
8.64
7.48
Net sales increase, MSEK
-6.0
23.6
15.6
0.8
-0.5
Operating EBITA margin, %
11.4
11.1
11.7
10.4
9.1
EBITA margin, %
11.3
11.4
11.9
10.7
9.4
Return on operating capital, %
15.4
18.3
16.9
12.6
9.9
Net debt/Operating EBITDA, multiple (incl. IFRS 16)
0.9
0.6
0.6
1.1
2.4
Net debt/Operating EBITDA (excl. IFRS 16), multiple
0.6
0.2
0.3
0.9
2.2
Net debt incl IFRS 16
1 260
768
687
1 096
2 075
Net debt (excl. IFRS 16), MSEK
741
294
348
740
1 711
Financial targets
Growth
Double revenues in the mid-term
Profitability
Yearly operating margin of at least 25%
Dividend policy
40-60% of profit after tax to be paid in dividends
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