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Absolent Air Care Group Interim report Jan-Mar 2024

MAR
  • Net sales amounted to SEK 357.6 (358.8) million, which equals a growth of -0.3 (11.4) %.
  • Operating result before amortizations and depreciations (EBITDA) increased by 10.9 % and amounted to SEK 75.6 (68.2) million with a margin of 21.1 (19.0) %.
  • Operating result (EBIT) increased by 7.4 % and amounted to SEK 62.1 (57.8) million with a margin of 17.4 (16.1) %.
  • Earnings per share amounted to SEK 4.39 (3.43).
  • Cash flow from operating activities decreased by 67.6 % and amounted to SEK 10.6 (32.8) million.

Further information

The complete interim report is available at https://www.absolentgroup.com/en/investors/financial-reports/

For further questions please contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

Phone: +46 (0) 510 48 40 00

E-mail: ir@absolentgroup.com

Absolent Air Care Group AB (publ) is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB (publ) is Redeye AB.

This information is information that Absolent Air Care Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 9:00 a.m. CEST on May 3, 2024.