RECONCILIATION TABLES FOR ALTERNATIVE PERFORMANCE MEASUREMENTS |
The alternative performance measurements below have been used in HANZA's interim reports |
Gross margin |
The measurement is considered relavant to give a picture of HANZA's contribution to the operations after material costs. |
Isolated quarters | Jul-sep |
2025 | |
+ Net sales, SEK millions | 1404.0 |
- Change in inventories in production, finished goods and work in progress on behalf of others, SEK millions | 40.0 |
- Raw materials and consumables, SEK millions | -818.0 |
= Gross profit, SEK millions | 626.0 |
/ Net sales, SEK millions | 1,404.0 |
= Gross margin, % | 44.6% |
Accumulated values | Jan-sep |
2025 | |
+ Net sales, SEK millions | 4,246.0 |
- Change in inventories in production, finished goods and work in progress on behalf of others, SEK millions | -9.0 |
- Raw materials and consumables, SEK millions | -2,364.0 |
= Gross profit, SEK millions | 1,873.0 |
/ Net sales, SEK millions | 4,246.0 |
= Gross margin, % | 44.1% |
EBITDA and EBITDA margin |
The measurements are considered relavant to give a picture of HANZA's operational profitability before depreciations, amortizations and write-downs. |
Isolated quarters | Jul-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 116.0 |
+ Depreciations, amortizations and write-downs, SEK millions | 77.0 |
= EBITDA, SEK millions | 1G3.0 |
/ Net sales, SEK millions | 1,404.0 |
= EBITDA margin, % | 13.7% |
Accumulated values | Jan-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 292.0 |
+ Depreciations, amortizations and write-downs, SEK millions | 206.0 |
= EBITDA, SEK millions | 4G8.0 |
/ Net sales, SEK millions | 4,246.0 |
= EBITDA margin, % | 11.7% |
Operating profit (EBITA) and EBITA-margin |
The measurements are considered relavant to give a picture of HANZA's operational profitability before amortizations and write-downs of intangible assets, which primarily are intangible assets identified in acquisition analysis . |
Isolated quarters | Jul-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 116.0 |
+ Amortizations and write-downs of intangible assets, SEK millions | 8.0 |
= EBITA, SEK millions | 124.0 |
/ Net sales, SEK millions | 1,404.0 |
= EBITA-margin, % | 8.8% |
Accumulated values | Jan-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 292.0 |
+ Amortizations and write-downs of intangible assets, SEK millions | 24.0 |
= EBITA, SEK millions | 316.0 |
/ Net sales, SEK millions | 4,246.0 |
= EBITA-margin, % | 7.4% |
Adjusted operating profit (EBITA excluding non comparable items) and adjusted profit margin |
The measurements are considered relavant to give a picture of HANZA's operational profitability excluding non |
Isolated quarters | Jul-sep |
2025 | |
+ Operating profit (EBITA), SEK millions | 124 |
+ Non comparable items, SEK millions | 0 |
= Adjusted EBITA, SEK millions | 124.3 |
= Adjusted operating profit margin, % | 8.G% |
Accumulated values | Jan-sep |
2025 | |
+ Operating profit (EBITA), SEK millions | 316 |
+ Non comparable items, SEK millions | -17 |
= Adjusted EBITA, SEK millions | 2GG.3 |
= Adjusted operating profit margin, % | 7.1% |
Operating profit from operational segments (Operational EBIT), EBITA and EBITA margin |
The measurements are considered relavant to give a picture of HANZA's long-term operational profitability. |
Isolated quarters | Jul-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 116.0 |
+ Business development costs (Business development segments EBIT), SEK million | -37.7 |
= Operating profit from operational segments (Operational EBIT), SEK millions | 78.3 |
+ Amortizations and write-downs of intangible assets, SEK millions | 8.0 |
= Operational segmentens EBITA, SEK millions | 86.3 |
/ Net sales, SEK millions | 1,404.0 |
= Operational EBITA margin, % | 6.1% |
Accumulated values | Jan-sep |
2025 | |
+ Operating profit (EBIT), SEK millions | 292.0 |
+ Business development costs (Business development segments EBIT), SEK million | -25.7 |
= Operating profit from operational segments (Operational EBIT), SEK millions | 266.3 |
+ Amortizations and write-downs of intangible assets, SEK millions | 24.0 |
= Operational segmentens EBITA, SEK millions | 2G0.3 |
/ Net sales, SEK millions | 4,246.0 |
= Operational EBITA margin, % | 6.8% |
Business development segment EBITA |
The measurement is considered relavant to show the size of HANZA costs that are not connected to the operations. |
Isolated quarters | Jul-sep |
2025 | |
Business development segment EBITA (=Business development segment EBIT) | 37.7 |
Accumulated values | Jan-sep |
2025 | |
Business development segment EBITA (=Business development segment EBIT) | 25.7 |
Operating capital, return on operating capital and capital turnover on operating capital |
The measurement are considered relavant to give a picture of capital used in the operations and return on that capital. |
Isolated quarters | Jul-sep |
2025 | |
+ Balance sheet total, SEK millions | 4,851.0 |
- Cash and cash equivalents, SEK millions | -230.0 |
- Financial assets, SEK millions | |
- Non-interest-bearing liabilities, SEK millions | -1259.0 |
= Operating capital, SEK millions | 3,362.0 |
+ | EBITA, SEK millions (se above) | 124.0 |
/ | Average operating capital, SEK millions | 3,349.5 |
= | Return on operating capital, % | 3.7% |
+ | Net sales, SEK millions | 1,404.0 |
/ | Average operating capital, SEK millions | 3,349.5 |
= | Capital turnover on operating capital, % | 0.4 |
Accumulated values | Jan-sep |
2025 | |
+ Balance sheet total, SEK millions | 4,851.0 |
- Cash and cash equivalents, SEK millions | -230.0 |
- Financial assets, SEK millions | |
- Non-interest-bearing liabilities, SEK millions | -1259.0 |
= Operating capital, SEK millions | 3,362.0 |
+ | EBITA, SEK millions (se above) | 316.0 |
/ | Average operating capital, SEK millions | 2,579.0 |
= | Return on operating capital, % | 12.3% |
+ | Net sales, SEK millions | 4,246.0 |
/ | Average operating capital, SEK millions | 2,579.0 |
= | Capital turnover on operating capital, full year meassurement % | 2.2 |
Return on capital employed |
The measurement is considered relevant to show profitability related to capital used in the operations. |
Isolated quarters | Jul-sep |
2025 | |
+ Balance sheet total, SEK millions | 4,851.0 |
- Non-interest-bearing liabilities, SEK millions | -1259.0 |
= Capital employed, SEK millions | 3,5G2.0 |
+ | Profit/loss before tax, SEK million | 85.0 |
+ | Finacial expenses, SEK million | 31.0 |
/ | Average capital employed, SEK millions | 3,615.0 |
= | Return on capital employed, % | 3.2% |
Accumulated values | Jan-sep |
2025 | |
+ Balance sheet total, SEK millions | 4,851.0 |
- Non-interest-bearing liabilities, SEK millions | -1259.0 |
= Capital employed, SEK millions | 3,5G2.0 |
+ | Profit/loss before tax, SEK million | 193.0 |
+ | Finacial expenses, SEK million | 99.0 |
/ | Average capital employed, SEK millions | 2,864.0 |
= | Return on capital employed full year measurement, % | 10.2% |
Net interest-bearing debt, net debt/equity ratio and net debt in relation to adjusted EBITDA |
The measurements are considered relavant to evaluate the financial risk and debt in relation to profitability in HANZA. |
Sep | |
2025 | |
+ Interest-bearing liabilities, SEK millions | 1,819.0 |
- Cash and cash equivalents, SEK millions | -230.0 |
- Lease liabilities related to buildings and premises | -521.7 |
= Net interest-bearing debt, SEK millions | 1067.3 |
/ Shareholders equity, SEK millions | 1773.0 |
= Net debt/equity ratio, times | 0.6 |
+ | Net interest-bearing debt, SEK millions | 1,067.3 |
/ | adjusted EBITDA, rolling 12 months | 545.6 |
Net debt in relation to EBITDA, times | 2.0 |
Net interest-bearing debt in relation to adjusted EBITDA including acquired companies |
The measurements are considered relavant to evaluate the financial risk and debt in relation to profitability in |
Sep |
2025 |
+ Interest-bearing liabilities, SEK millions 1,133 |
+ | adjusted EBITDA, rolling 12 months | 546 |
+ | EBITDA acquired companies | 40 |
= | Adjusted EBITDA including acquired companies | 585 |
Net debt in relation to adjusted EBITDA including acquired companies, times | 1.G |
Equity ratio |
The measurement is considered relavant to, over time, give a picture of the portion of the total capital used which comes from shareholders equity and external financing respectively. This makes it possible for investors to evaluate HANZA's long-term financial stability. |
Sep | |
2025 | |
+ Shareholders equity, SEK millions | 1,773.0 |
/ Balance sheet total, SEK millions | 4,851.0 |
= Equity ratio, % | 36.5% |
Equity per share |
The measurement is considered relevant to show the net worth per share. |
Sep |
2025 |
+ Shareholders equity, SEK millions 1,773.0 - Paid but not yet registred equity, SEK millions |
/ Number of shares outstanding on the balance sheet date 45,959,340 |
= Equity per share, SEK million 38.5G |
Adjusted calculated earnings per share after dilution, SEK |
The measurements are considered relavant to evaluate profit per share adjusted for non comparable items. |
Sep | |
2025 | |
+ Profit/loss before tax, SEK millions | 170 |
+ Non comparable items, SEK millions | -17 |
/ Weighted average number of shares after dilution | 44,624,362 |
= Adjusted calculated earnings per share after dilution, SEK | 3.43 |