ABSOLENT AIR CARE GROUP YEAR-END REPORT 2022

October-December 2022

Net sales amounted to SEK 340.1 (272.7) million, which equals a growth of 24.7 (19.0) %.
Operating result before amortizations and depreciations (EBITDA) increased by 60.9 % and amounted to SEK 57.8 (35.9) million with a margin of 17.0 (13.2) %.
Operating result (EBIT) increased by 73.8 % and amounted to SEK 47.3 (27.2) million with a margin of 13.9 (10.0) %.
Earnings per share amounted to SEK 2.43 (1.85).
Cash flow from operating activities amounted to SEK 55.1 (33.5) million.

Full year 2022

Net sales amounted to SEK 1,339.3 (1,029.8) million, which equals a growth of 30.1 (15.0) %.
Operating result before amortizations and depreciations (EBITDA) increased by 54.6 % and amounted to SEK 260.6 (168.5) million with a margin of 19.5 (16.4) %.
Operating result (EBIT) increased by 67.3 % and amounted to SEK 220.0 (131.5) million with a margin of 16.4 (12.8) %.
Earnings per share amounted to SEK 13.40 (8.68).
Cash flow from operating activities amounted to SEK 196.1 (114.5) million.
The Board of Directors has decided to propose to the AGM a dividend of SEK 2.75 (2.00) per share.

Further information

The complete year-end 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. CET on February 22, 2023.

Attached files

Press-release-Absolent-Air-Care-Group-Year-end-Report-2022.pdf
Absolent-Air-Care-Group-Year-end-Report-2022.pdf