RVRC

Financial development and significant events during the fourth quarter (1 April – 30 June 2023)

• Net sales for the period increased by 14 percent and amounted to SEK 362 (318) million.
• Gross profit amounted to SEK 269 (230) million, corresponding to a gross margin of 74.5 (72.3) percent.
• EBIT amounted to SEK 68 (73) million, corresponding to an EBIT margin of 18.9 (21.9) percent.
• Earnings per share before dilution amounted to SEK 0.48 (0.52) and after dilution to SEK 0.48 (0.52).

Financial development and significant events during the full year (1 July 2022 – 30 June 2023)

• Net sales for the period increased by 17 percent and amounted to SEK 1,560 (1,331) million.
• Gross profit amounted to SEK 1,126 (963) million, corresponding to a gross margin of 72.2 (72.3) percent.
• EBIT amounted to SEK 310 (367) million, corresponding to an EBIT margin of 19.9 (27.0) percent.
• Adjusted EBIT amounted to SEK 322 (367) million, corresponding to an EBIT margin of 20.6 (27.0) percent.
• Earnings per share before dilution amounted to SEK 2.15 (2.55) and after dilution to SEK 2.15 (2.55).
• Paul Fischbein was appointed acting CEO in August 2022 and as permanent CEO in October 2022.
• The board of directors proposes a dividend of SEK 0.86 (0.77) per share.

The report will be presented to investors, analysts, and media in a webcast today at 10:00 CEST.

If you wish to participate via webcast, please use the link below:
https://ir.financialhearings.com/revolutionrace-q4-2022-2023/register

 If you wish to participate via teleconference, please register on the link below:
https://conference.financialhearings.com/teleconference/?id=5008321