1. ALLA AKTIER
  2. NYHETER
  3. EMBELLENCE GROUP

Embellence Group

Nyheter Embellence Group Nyheter alla bolag

Embellence Group Interim Report Q1 2024

MAR

A strong start to the year

“We started 2024 by delivering higher sales and improved earnings. The trend was mainly driven by strong growth for Boråstapeter, Wall&decò and Artscape in the US. At the same time, forward-looking initiatives continued in relation to our offering, product development and production.”
Olle Svensk,
CEO, Embellence Group AB

First quarter 2024

  • Net sales amounted to MSEK 214.2 (197.5), up 8.5% (exchange rate effect +0.7%)
  • EBITA amounted to MSEK 33.6 (27.1), up 24.0%
  • Adjusted EBITA* amounted to MSEK 33.6 (27.1), up 24.0%
  • Adjusted EBITA* margin amounted to 15.7% (13.7)
  • Net profit for the period amounted to MSEK 16.3 (12.9) and earnings per share for the period before dilution to SEK 0.72 (0.57)
  • Operating cash flow amounted to MSEK 14.4 (2.2)

Significant events during the quarter

  • No significant events to report.

Significant events after the end of the quarter

  • No significant events to report.

*EBITA excluding acquisition costs and restructuring costs.

For more information, please contact:
Karin Lidén
CFO
Telephone: +46 704 29 30 57
Email: ir@embellencegroup.com

About Embellence Group
Embellence Group, founded in 1905 in Borås, is a leading European company in the premium wallpaper segment and has a prominent position internationally with sales in over 90 countries. Our brands include Boråstapeter, Cole & Son, Wall&decò, Pappelina and Artscape. Embellence Group is listed on Nasdaq First North Premier Growth Market. FNCA Sweden AB is appointed Certified Adviser, info@fnca.se.

This information is information that Embellence 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 persons set out above, at 2024-05-07 08:00 CEST.

Image Attachments
Picture Q1 Report ENG

Attachments
Embellence ENG Q1 2024

Datum 2024-05-07, kl 08:00
Källa MFN
Bifogade filer
Embellence ENG Q1 2024
Picture Q1 Report ENG
Affiliate
Skapa konto direkt med BankID hos Skilling så får du tillgång till tusentals finansmarknader inom valuta, aktier, krypto och mycket mer. Välj bland 1200+ CFD-instrument över 7 tillgångsklasser till konkurrenskraftiga priser. Skilling erbjuder också en kapitalförsäkring.
CFD är komplexa instrument och har en hög risk att förlora pengar snabbt på grund av hävstång. 77% av icke-professionella kunder förlorar pengar när de handlar med CFD med denna leverantör.