ABSOLENT AIR CARE GROUP INTERIM REPORT JAN-JUN 2023

April-June 2023

Net sales amounted to SEK 353.0 (350.7) million, which equals a growth of 0.7 (30.1) %.
Operating result before amortizations and depreciations (EBITDA) decreased by 2.8 % and amounted to SEK 71.3 (73.4) million with a margin of 20.2 (20.9) %. The previous year includes items affecting comparability of SEK 8.7 million.
Operating result (EBIT) decreased by 4.2 % and amounted to SEK 60.7 (63.4) million with a margin of 17.2 (18.1) %. The previous year includes items affecting comparability of SEK 8.7 million.
Earnings per share amounted to SEK 4.03 (3.75).
Cash flow from operating activities amounted to SEK 35.2 (20.6) million.

January-June 2023

Net sales amounted to SEK 711.8 (672.8) million, which equals a growth of 5.8 (33.8) %.
Operating result before amortizations and depreciations (EBITDA) increased by 2.9 % and amounted to SEK 139.5 (135.5) million with a margin of 19.6 (20.1) %. The previous year includes items affecting comparability of SEK 11.2 million.
Operating result (EBIT) increased by 2.8 % and amounted to SEK 118.6 (115.3) million with a margin of 16.7 (17.1) %. The previous year includes items affecting comparability of SEK 11.2 million.
Earnings per share amounted to SEK 7.46 (7.17).
Cash flow from operating activities amounted to SEK 68.0 (62.9) 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.

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. CEST on August 17, 2023.

Attached files

Press-release-Absolent-Air-Care-Group-Interim-Report-Jan-Jun-.pdf
Absolent-Air-Care-Group-Interim-report-Jan-Jun-2023.pdf