Feb 18, 2022 / 09:00AM GMT
Operator
Dear ladies and gentlemen, welcome to the Ferronordic audiocast with teleconference Q4 2021. Today I am pleased to present CEO, Lars Corneliusson; and CFO, Erik Danemar. (Operator Instructions) Speakers, please begin.
Lars Corneliusson - Ferronordic AB - President & CEO
Yes, good morning, everybody. This is Lars Corneliusson speaking, and welcome to this presentation of the Q4 2021 report. And if we move in to slide number 2, a summary slide, we start with where we saw strong growth in sales and profit during the quarter.
And for the group, we had a 43% revenue growth to roughly SEK1.7 billion. We saw demand remaining very firm across the line. We have a balance sheet that remains strong and the working capital on low levels. And the board proposes SEK11.5 per share dividend.
In Russia/CIS, we had 31% revenue growth with a greater share of aftermarket and contracting services sales. We saw 37% operating profit growth as the margin improved on product and revenue mix.
In Germany, our truck sales in units actually increased by 70%
Q4 2021 Ferronordic AB Earnings Call Transcript
Feb 18, 2022
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