Alcadon

SECOND QUARTER 2024

• Net sales increased by 15 percent to SEK 425 (371) million. In unchanged currency rates, sales increased by 13 percent.
• Operating profit before amortisation of intangible assets (EBITA) increased by 167 percent to SEK 30 (11.4) million including SEK -2.3 (0.0) million in acquisition costs and SEK 0.1 (-10.0) million attributable to unrealised exchange rate gains and losses.
• Cash flow from operating activities amounted to SEK 60 (18) million, corresponding to SEK 2.47 (0.83) per share.
• Earnings per share amount to SEK 0.45 (-0.10).
• The equity ratio decreases during the period to 49 percent from 52 percent.

FIRST HALF OF 2024

• Net sales increased by 8.5 percent to SEK 824 (760) million. In unchanged currency rates, sales increased by 7.1 percent.
• Operating profit before amortisation of intangible assets (EBITA) increased by 31 percent to SEK 52 (40) million including SEK -2.3 (0.0) million in acquisition costs and SEK -6.1 (-13.3) million attributable to unrealised exchange rate gains and losses.
• Cash flow from operating activities amounted to SEK 72 (36) million, corresponding to SEK 3.03 (1.68) per share.
• Earnings per share amount to SEK 1.03 (0.44).
• The equity ratio increased during the period to 49 percent from 44 percent.

SIGNIFICANT EVENTS DURING THE QUARTER

• Alcadon carries out a non-cash issue of 733.661 shares as part of the payment for the acquisition of Irish Wood Communications. The number of shares in Alcadon Group AB increases from 23.777.365 to 24.511.026 after the issue.
• Alcadon acquires Irish Wood Communications Ltd and takes possession of the company on 2 April 2024.
• President and CEO Sonny Mirborn will leave Alcadon in October 2024 and will be replaced by Fredrik Valentin, who will take up his position in January 2025 at the latest. The Board of Directors has appointed Pierre Fors as acting President and CEO for the period from October until Fredrik takes over. During this period, Mr Fors will step down from his role as Chairman of the Board, but will remain a member of the Board. The Board intends to elect the current Vice-Chairman, Jonas Mårtensson, as acting Chairman of the Board until Fredrik takes over as new CEO.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

• The Extraordinary General Meeting on 4 July 2024, with deviation from the shareholders' preferential rights, resolves on a directed new issue of 200.000 warrants, with the accompanying right to subscribe for a maximum of 200.000 new shares, within the framework of an incentive programme for the incoming CEO, Fredrik Valentin.

Stockholm, 9 August 2024