ABSOLENT GROUP AB INTERIMREPORT THIRD QUARTER 2019
Quarter 3 2019
- Sales volume amounted to 285,6 MSEK (168,7) which is an increase of 69,3 % (48,1). The organic growth in the quarter was -8,3%
- Operating profit before depreciations on goodwill (EBITA) reached 37,8 MSEK (33,8) with a margin of 13,2 % (20,0)
- Operating profit after depreciations on goodwill (EBIT) reached 19,1 MSEK (30,8) with a margin of 6,7 % (18,3)
- Earnings per share 0,92 SEK (2,11)
- Cash Flow from operating activities after change in working capital amounted to 42,0 MSEK (35,3)
Period January - September 2019
- Sales volume amounted to 714,3 MSEK (483,4) which is an increase of 47,8% (40,6) where of 3,7 % was organic
- Operating profit before depreciations on goodwill (EBITA) reached 121,8 MSEK (103,3) with a margin of 17,0 % (21,4)
- Operating profit after depreciations on goodwill (EBIT) reached 89,4 MSEK (94,4) with a margin of 12,5 % (19,5)
- Earnings per share 5,86 SEK (6,49)
- Cash Flow from operating activities after change in working capital amounted to 89,6 MSEK (72,9)
Lidköping 12 November 2019
Further information:
The complete interim report is available at https://www.absolentgroup.se/english/financial-reports/delarsrapport/ for further questions please contact:
MD and Group CEO Axel Berntsson +46 510 - 484000
CFO Anna Åkerblad +46 510 - 484000
This information is information that Absolent 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 person set out above, at 08:00 a.m. CET on November 12, 2019.
Absolent Group AB is listed on Nasdaq First North Growth Market.
Certified Adviser for Absolent Group AB is Erik Penser Bank AB. +46 8-4638300.
Email: [email protected]
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