Highlights
- Record sales and profit for the period
- Continued margin improvement
- Positive free cash flow
- Interim dividend increased by 35.0%
- Reduced gearing from 66.1% to 37.4%
- New products driving growth

2012 USDm |
2011 USDm |
Changes % |
|
Turnover | 1,855 | 1,784 | +4.0% |
EBITDA | 188 | 170 | +10.4% |
EBIT | 127 | 115 | +10.4% |
Profit attributable to Owners of the Company | 96 | 80 | +20.1% |
EPS (US cents) | 5.69 | 5.00 | +13.8% |
Interim dividend per share (approx. US cent) | 0.87 | 0.64 | +35.0% |
Facts & Figures
Record sales of USD 1.9 billion |
Gross margin improved to 33.5% |
Net profit +20.1% |
Net gearing reducedsignificantly from 66.1% to37.4% |
Free cash flow +51.9% |
Power Equipmentorganic sales+10.1% |
Strategic Drivers

Performance at a Glance