Embellence Group Interim Report third quarter 2024

MAR

Improved margins in a continued challenging retailer market

Third quarter

  • Net sales amounted to MSEK 170 (183), down 7%. Organic growth amounted to –6%. The exchange rate effect amounted to –1%.
  • The gross margin amounted to 60.7% (57.7)
  • Operating income (EBITA) amounted to MSEK 26 (26).
  • The EBITA margin amounted to 15.1% (14.4).
  • Net profit for the period amounted to MSEK 16 (13) and earnings per share for the period before and after dilution to SEK 0.71 (0.59).
  • Operating cash flow amounted to MSEK 17 (13).


Significant events during the quarter

On 15 September, it was announced that Olle Svensk intends to leave his position as CEO of Embellence Group AB. Olle Svensk will remain as CEO until a successor has been appointed, but no longer than March 2025.

Significant events after the end of the quarter

No significant events to report.

Datum 2024-10-24, kl 08:00
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