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ABSOLENT AIR CARE GROUP INTERIM REPORT Jan-Sep 2022

July-September 2022

  • Net sales amounted to SEK 326.4 (254.4) million, which equals a growth of 28.3 (33.1) %.
  • Operating result before amortizations and depreciations (EBITDA) increased by 41.9 % and amounted to SEK 67.2 (47.4) million with a margin of 20.6 (18.6) %.
  • Operating result (EBIT) increased by 51.6 % and amounted to SEK 57.3 (37.8) million with a margin of 17.6 (14.9) %.
  • Earnings per share amounted to SEK 3.81 (2.49).
  • Cash flow from operating activities amounted to SEK 78.1 (19.2) million.

January-September 2022

  • Net sales amounted to SEK 999.2 (757.1) million, which equals a growth of 32.0 (13.5) %.
  • Operating result before amortizations and depreciations (EBITDA) increased by 52.9 % and amounted to SEK 202.8 (132.6) million with a margin of 20.3 (17.5) %.
  • Operating result (EBIT) increased by 65.5 % and amounted to SEK 172.7 (104.3) million with a margin of 17.3 (13.8) %.
  • Earnings per share amounted to SEK 10.98 (6.82).
  • Cash flow from operating activities amounted to SEK 141.0 (81.1) million.

Further information

The complete interim report is available at

https://www.absolentgroup.com/en/investors/financial-reports/

For further questions please contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

Phone: +46 (0) 510 48 40 00

E-mail: [email protected]

Absolent Air Care Group AB is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB is Erik Penser Bank AB.

Phone: +46 (0) 8 463 83 00

Email: [email protected]

 

This information is information that Absolent Air Care 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 8:00 a.m. CET on November 11, 2022.

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