Absolent Air Care Group Interim report January-June 2024

April-June 2024

Net sales amounted to SEK 367.4 (353.0) million, which equals a growth of 4.1 (0.7) %.
Operating result before amortizations and depreciations (EBITDA) increased by 4.6 % and amounted to SEK 74.6 (71.3) million with a margin of 20.3 (20.2) %.
Operating result (EBIT) increased by 1.0 % and amounted to SEK 61.4 (60.7) million with a margin of 16.7 (17.2) %.
Earnings per share amounted to SEK 3.56 (4.03).
Cash flow from operating activities increased by 51.2 % and amounted to SEK 53.2 (35.2) million.

January-June 2024

Net sales amounted to SEK 725.0 (711.8) million, which equals a growth of 1.9 (5.8) %.
Operating result before amortizations and depreciations (EBITDA) increased by 7.7 % and amounted to SEK 150.2 (139.5) million with a margin of 20.7 (19.6) %.
Operating result (EBIT) increased by 4.1 % and amounted to SEK 123.5 (118.6) million with a margin of 17.0 (16.7) %.
Earnings per share amounted to SEK 7.95 (7.46).
Cash flow from operating activities decreased by 6.1 % and amounted to SEK 63.8 (68.0) 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 (publ) is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB (publ) is Redeye 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 09:30 a.m. CEST on July 19, 2024.

Attached files

Press-release-Absolent-Air-Care-Group-Interim-Report-Jan-Jun-.pdf
Absolent-Air-Care-Group-Interim-report-Jan-Jun-2024.pdf