Q4 INTERIM REPORT HEDIN MOBILITY GROUP 1
Financial summary OCTOBER - DECEMBER 2021 Net sal
es increased by 37% to MSEK 8,739 (MSEK 6,362). The restructuring, which took place in October, means that all vehiclerelated operations in the Hedin Group have been transferred to Hedin Mobility Group. These activities are included in the reported data from October 1. In connection with this, we have changed the division into segments to reflect our different business areas. “Retail” refers to the previous part of the Group with the addition of its retail operations in Switzerland. Our wholesale operations in Norway and Denmark through GS Bildeler A/S and Koed AS have been moved to the “Distribution” segment, which also includes imports and wholesale trade of cars, tires and spare parts. The “Segment reconciliation” segment mainly includes the rental car and leasing operations. In addition to this change, there have been acquisitions in Sweden, mainly by dealers of Ford. Adjusted for changes, net sales decreased by 3% for comparable units. Operational earnings increased by MSEK 105 to MSEK 395. Adjusted for the restructuring that took place in October, earnings increased by MSEK 46. Net sales 4th quarter 2021 Retail Distribution Segment reconciliation Total 7,274 2,473 -1,008 8,739 2020 6,212 118 32 6,362 1 January - 31 December 2021 26,392 2,807 -1,008 28,191 2020 22,959 341 764 24,064 Operational earnings 4th quarter 2021 Retail Distribution Segment reconciliation Total 311 124 -40 395 2020 281 2 7 290 1 January - 31 December 2021 1,003 154 -11 1,146 2020 736 24 45 805 Margin 4th quarter 2021 Retail Distribution Segment reconciliation Total 4.3% 5.0% 3.9% 4.5% 2020 4.5% 1.7% 20.2% 4.6% 1 January - 31 December 2021 3.8% 5.5% 1.1% 4.1% 2020 3.2% 7.0% 5.9% 3.3% 10 YEAR-END REPORT 2021 | HEDIN MOBILITY GROUP AB (PUBL) | JANUARY–DECEMBER