Year-end report Rejlers AB January – December 2021

October – December  

• Net sales increased by 32.4% to SEK 835.9 million (631.2)
• Organic sales growth excluding exchange rate fluctuations increased to 22.1% (-5.1)
• Adjusted EBITA, excluding restructuring costs, increased by 87% to SEK 66.5 million (35.6) and the adjusted EBITA margin increased to 8.0% (5.6).
• Restructuring costs amounted to SEK 18.2 million (0)
• EBITA increased to SEK 48.3 million (35.6) and the EBITA margin increased to 5.8% (5.6)
• Operating profit (EBIT) increased to SEK 37.4 million (28.0), impacted by acquisition costs of SEK 2.5 million (2.7), and the operating margin increased to 4.5% (4.4)
• Net financial items amounted to an income of SEK 0.7 million (expense: 7.0)
• Net profit after tax increased to SEK 31.6 million (8.8)
• Earnings per share before dilution increased to SEK 1.61 (0.45) and after dilution to SEK 1.57 (0.44)
• The Board of Directors proposes a dividend of SEK 3.00 per share (0) 

January – December

• Net sales increased by 22.5% to SEK 2,898.7 million (2,366.9)
• Organic sales growth excluding exchange rate fluctuations increased to 11.8% (-2.2)
• Adjusted EBITA excluding restructuring costs increased by 42% to SEK 182.5 million (128.6) and adjusted EBITA margin increased to 6.3% (5.4)
• Restructuring costs amounted to SEK 18.2 million (18.4)
• EBITA increased to SEK 164.3 million (110.2) and the EBITA margin increased to 5.7% (4.7)
• Operating profit (EBIT) increased to SEK 129.7 million (83.8), impacted by acquisition expenses of SEK 6.6 million (3.4), and the operating margin increased to 4.5% (3.5)
• Net financial items amounted to an income of SEK 6.3 million (expense: 34.0)
• Net profit after tax increased to SEK 110.2 million (32.5)
• Earnings per share before dilution increased to SEK 5.60 (1.65) and after dilution to SEK 5.47 (1.61)
• The Board of Directors proposes a dividend of SEK 3.00 per share (3.50) 

Statement by the President and CEO

“The troublesome second year of the pandemic, 2021, was a new record-breaking year for Rejlers. Our journey of change continued successfully through the year’s unpredictable landscape, and we are ending the year with sales of SEK 2,899 million (2,367), a growth of more than 20 per cent and an adjusted EBITA of SEK 182.5 million (128.6), Rejlers’ highest sales and profit ever. The adjusted EBITA margin increased to 6.3 per cent (5.4)”, says Viktor Svensson, President and CEO, Rejlers AB.

For further information, please contact: 
Viktor Svensson, President and CEO, +46 (0)70 657 20 26, viktor.svensson@rejlers.se 
Anna Jennehov, CFO, +46 (0)73 074 06 70, anna.jennehov@rejlers.se

This information is information that Rejlers AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CET on 3 February 2022.

About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With cutting-edge expertise, we help companies, public authorities and other organisations meet tomorrow's societal challenges. Our services are important building blocks for achieving a sustainable society. Founded in 1942, Rejlers success is built on the ability to constantly embrace new knowledge. Our vision "Home of the learning minds" guides us to continuous learning, development and growth. With operations in Sweden, Finland, Norway and the United Arab Emirates, Rejlers has 2500 experts in technology areas such as energy, industry, infrastructure and real estate. In 2021, the company had a turnover of 2.9 billion SEK and its class B share is listed on Mid Cap, Nasdaq Stockholm. www.rejlers.com