Improvement in Individual & Family and focus on growth in other business areas
Second quarter, April-June 2019
· Operating revenue was SEK 1,918m (1,696), an increase of 13%, of which organic growth was 2.5%.
· Operating profit was SEK 45m (78), a decrease of 42%. Excluding the effects of IFRS 16, the new standard for recognising leases that applies from 1 January 2019, and excluding acquisition expenses and revenues along with integration costs, operating profit amounted to SEK 65m (74), a decrease of 12%. The effects of IFRS 16 on operating profit amounted to SEK 10m (-).