New Wave Group AB Annual_report_2018_EN_HQ | Page 6

NWG // 2018
The Group has
continued its high
level of marketing
activities and
new employments
within sales,
warehousing
and customer
service.
Gifts & Home Furnishings had a
growth of 2 %, despite the fact that
the hot weather did not favour the all-
important summer months of acti-
vities in Kosta. The segment has made
a number of start-ups and has expanded
marketing efforts, which have burdened
this year’s result.
The promo sales channel increased
its net sales by 16 % and the retail sales
channel by 8 %. The sales and marketing
efforts made during the year have been
geared toward both sales channels.
The Group has continued its high
level of marketing activities and new
employments within sales, warehousing
and customer service. Gifts & Home
Furnishings has made start-ups in Kosta.
Besides the above-mentioned activities,
volume-related costs have also contri-
buted to the total cost increase compared
to last year.
Key Figures
EBITDA per operating segment,
SEK million
2018 2017 Net sales, SEK million 6 290.6 5 597.3 Gross profit margin, % 46.6 46.1 350
EBITDA, SEK million 560.7 534.4 300
Operating result, SEK million 482.8 469.1 360.0 354.0 250
Result for the year, SEK million Equity, SEK million 3 434.2 3 029.2 200
Return on equity, % 11.2 12.2 150
9.4 9.8 53.3 54.1 100
Net debt to equity ratio, % Net debt in relation to working capital, % 57.0 57.4 Equity ratio, % 48.6 50.9 0
2 605 2 495 -50
Profit per share, SEK 5.48 5.34 Equity per share, SEK 51.76 45.66
Return on capital employed, %
Number of employees
Cash flow from operating activities
amounted to SEK 222.6 (207.8) million.
This is partly due to a higher operating
profit but also a higher influx of goods
resulting in an increased debt to supp-
liers. Stocks have risen due to continued
stock build-up in Canada as well as new
product lines, primarily within Craft
and work wear and amounted to SEK
3,230.9 (2,643.4) million. Cash flow
from investing activities amounted to
SEK -163.2 (-110.6) million, which is
mainly related to our investments in dist-
ribution centers and IT.
As a result of our stock increase, equity
ratio decreased slightly to 48.6 (50.9) %.
Net debt increased by SEK 193.7 million
and amounted to SEK 1,831.0 (1,637.3)
million. Net debt to equity ratio and
net debt by working capital decreased
and amounted to 53.3 (54.1) % and
57.0 (57.4) % respectively.
400
50
Corporate
Sports &
Leisure
2018
006 // ANNUAL REPORT
Gifts & Home
Furnishings
2017