Polygiene

The quarter in brief

• Net sales amounted to MSEK 36.8 (44.7), including a currency effect of approximately -11%.
• The gross margin was 68.2% (76.1), including a currency effect of approximately -5%.
• Operating profit before depreciation and amortization (EBITDA) amounted to MSEK -1.3 (5.9). The quarter’s EBITDA included extraordinary costs of approximately MSEK -4.1.
• Operating profit after depreciation (EBIT) amounted to MSEK -2.6 (4.4).
• Cash flow amounted to MSEK -5.5 (9.4), or MSEK -6.5 (10.6) including currency effects. The cash flow of the period included a dividend paid of approximately MSEK 4.8. Cash and cash equivalents amounted to MSEK 38.8 (68.7).

The full year in brief

• Net sales amounted to MSEK 146.6 (156.9). The company experienced an average negative currency effect of approximately -6 to -7%.
• The gross margin was 67.6% (70.8), including a currency effect of -2%.
• Operating profit before depreciation (EBITDA) amounted to MSEK 3.5 (19.0). The year’s EBITDA included extraordinary costs of approximately MSEK -4.1.
• Operating profit after depreciation (EBIT) amounted to MSEK -2.1 (13.2).
• Cash flow amounted to MSEK -23.5 (21.4), or MSEK -30.0 (24.6) including currency effects. This includes a dividend paid of approximately MSEK 9.9.
• The Board of Directors proposes no dividend for 2025.

Significant events during the quarter in brief 

• Polygiene in collaboration with leading e-commerce player Go Outdoors
• Strengthening the Group's commitment through new ISO certifications
• Dr. Sandrine Garnier to take over as CEO at the end of the year

The report is enclosed in this press release and is available to download on polygienegroup.com/financial-reports

You can register for a video conference presenting the report today at 10:00 CET via this link.