STRONG START TO THE YEAR AND STRATEGIC ACQUISITION IN THE USA
FIRST QUARTER SUMMARY, JANUARY – MARCH 2022
- Net sales increased by 28 per cent to SEK 1,326 m (1,036), of which 11 per cent was organic. Currency-adjusted organic growth was 7 per cent.
- EBITA increased to SEK 180 m (107), and the EBITA margin increased to 13.6 per cent (10.3). EBITA adjusted for a SEK 24 m capital gain from a property sale increased to SEK 156 m (107), an adjusted EBITA margin of 11.8 per cent (10.3).
- Operating profit rose to SEK 134 m (73), and the operating margin widened to 10.1 per cent (7.0).
- Profit for the period increased to SEK 106 m (54).
- Earnings per share increased to SEK 3.17 (1.62).
- Cash flow from operating activities increased to SEK 242 m (150).
- Acquisition of Claytex Services Ltd. of the UK with net sales of SEK 25 m.
- Acquisition of DESYS GmbH of Germany with net sales of approximately SEK 170 m.
- Acquisition of Microdesk, with net sales of USD 110 m (approx. SEK 1,000 m), with operations in the USA and UK.
- The Board of Directors is proposing a 4:1 share split.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
- No significant events have occurred since the end of the period.
