Annual Report 2016 2016 in figures 1 2016 On 19 December 2016, Nobia signed an agreement for the sale of Poggenpohl to the German group Adcuram, and in connection with this Poggenpohl was reclassified as a discontinued operation. Following approval from the competition authorities in Germany and Austria, the divestment of Poggenpohl was completed on 31 January 2017. Net sales, organic growth, operating profit and return on operating capital as presented below refer to operations excluding Poggenpohl. Net sales, SEK m 12,648 Organic growth, % 4 Operating profit, SEK m 1,298 Profit after tax, SEK m 455 Operating cash flow, SEK m 1,031 Return on operating capital, % 32.5 Debt/equity ratio, % 14 Brands
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