Annual Report 2018

Quarterly figures
						Restated	Restated	Restated	Restated
MEUR		10-12/ 2018	7-9/ 2018	4-6/ 2018	1-3/ 2018	10-12/ 2017	7-9/ 2017	4-6/ 2017	1-3/ 2017
Order intake
Services		865	699	785	737	696	598	641	735
Energy Solutions		589	148	360	414	501	418	361	405
Marine Solutions		419	525	409	357	316	339	361	273
Total		1 874	1 372	1 553	1 507	1 514	1 354	1 363	1 413
Order book at the end of the financial period
Services		1 878	1 742	1 622	1 401	1 220	1 249	1 239	1 234
Energy Solutions		1 871	1 725	2 013	2 012	1 871	1 839	1 764	1 847
Marine Solutions		2 417	2 451	2 269	2 077	2 009	2 018	2 087	2 033
Total		6 166	5 918	5 904	5 490	5 100	5 107	5 089	5 114
Net sales
Services		737	572	582	535	710	569	594	534
Energy Solutions		431	451	368	267	425	324	412	239
Marine Solutions		364	307	296	264	305	282	284	233
Total		1 532	1 330	1 246	1 066	1 441	1 175	1 290	1 005
Share of result of associates and joint ventures		3	3	4	3	6	3	3	1
Comparable adjusted EBITA		237	152	134	98	250	141	130	90
as a percentage of net sales		15.4	11.5	10.7	9.2	17.4	12.0	10.1	9.0
Depreciation, amortisation and impairment		-37	-31	-31	-30	-42	-30	-30	-33
Purchase price allocation amortisation		-11	-11	-11	-10	-10	-9	-9	-9
Comparable operating result		226	141	123	88	241	131	122	82
as a percentage of net sales		14.7	10.6	9.8	8.3	16.7	11.2	9.5	8.1
Items affecting comparability, total		-20		-12	-3	-19	-4	-8	-6
Operating result		206	141	111	85	222	127	114	76
as a percentage of net sales		13.4	10.6	8.9	8.0	15.4	10.8	8.8	7.5
Financial income and expenses		-12	-11	-8	-9	-10	-17	-14	-5
Profit before taxes		194	130	102	76	211	110	99	70
Income taxes		-41	-29	-28	-19	-47	-28	-26	-16
Profit for the financial period		153	101	75	57	165	82	73	54
Earnings per share (EPS), basic and diluted, EUR		0.25	0.17	0.13	0.10	0.28	0.14	0.12	0.09
Gross capital expenditure		48	26	194	37	79	156	11	9
Investments in securities and acquisitions		-1		177	20	45	145		1
Cash flow from operating activities		349	122	41	-42	276	150	2	2
Working capital (WCAP) at the end of the financial period		581	782	790	726	563	632	658	561
Personnel at the end of the financial period
Services		11 322	11 426	11 345	11 328	11 234	11 135	11 059	11 067
Energy Solutions		1 171	1 165	1 135	1 084	1 038	1 017	928	913
Marine Solutions		5 995	6 195	6 151	5 197	5 235	5 167	5 257	5 317
Other		805	634	601	573	559	540	539	533
Total		19 294	19 420	19 231	18 182	18 065	17 859	17 783	17 832
Earnings per share for comparison periods have been restated to reflect the increased number of shares.
Comparison periods for 2017 have been restated due to the internal transfer of service activities.