2013 IN BRIEF 2013 Net sales amounted to SEK 11,773 million (12,343). Organic growth was 0 per cent (neg: 5). Operating profit excluding restructuring costs totalled SEK 690 million (565). Profit after tax amounted to SEK 350 million (loss: 545). Operating cash flow amounted to SEK 601 million (237). The Board proposes a dividend of SEK 1.00 per share to the Annual General Meeting. CONTENTS The year and operations 00 2013 in brief 02 This is Nobia 04 CEO’s comments 06 Financial targets 08 Strategy 12 Brands & inspiration 14 Market 16 Business overview 18 UK region 20 Nordic region 22 Continental Europe region 24 Responsibility Board of Directors’ Report 30 Financial overview 35 Risks and risk management 38 Corporate governance report 42 Board of Directors 44 Group management
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