Multi-year review

 

SEKm, unless otherwise specified1)	2019	2018	2017	2016	2015
Group
Net sales	38,278	37,669	37,007	38,478	39,351
Other operating income	351	2,053	324	263	765
Operating expenses	–38,446	–40,578	–37,455	–39,824	–39,552
Operating income (EBIT)	184	–855	–124	–1,083	564
Operating margin (EBIT) (%)	0.5	–2.3	–0.3	–2.8	1.4
Operating income (EBITDAI)	2,775	395	1,193	1,737	2,436
Operating margin (EBITDAI) (%)	7.2	1.0	3.2	4.5	6.2
Net income for the period	–239	–1,067	–337	–1,583	278
Cash flow from operating activities	2,132	2,083	1,361	1,321	1,585
Net debt	9,454	1,614	238	354	–171
Net debt ratio (net debt/equity) (%)	259	31	3	5	–2
Return on capital employed (%)	3.6	–12.4	–1.6	–12.1	5.4
Investments	1,356	1,374	1,196	1,182	1,109
Dividend, total *proposed	0*	0	0	0	0
Average number of employees (FTE)	28,627	29,962	31,350	33,278	35,256
Number of employees at end of period	36,324	39,070	39,789	39,929	42,111
of whom, temporary employees	8,645	9,184	8,992	7,272	7,292
Volumes, millions
Group total, parcels2)	179	171	154	142	132
Denmark, priority mail/Quickbrev	25	35	40	101	201
Denmark, non-priority and business mail	213	230	265	272	259
Sweden, priority mail	608	663	712	757	811
Sweden, non-priority mail	738	801	925	1,008	1,061

1) The consolidated accounts have been prepared in accordance with the prevailing IFRS regulations. Where applicable, figures for comparison have been restated for the most recent preceding year. In accordance with IFRS 16, figures for comparison have not been restated.
2) Volumes produced eliminated for volumes between countries.