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2020-10-23

Addnode Group: Interim Report 1 January - 30 September 2020

THIRD QUARTER SUMMARY, JULY-SEPTEMBER 2020

  • Net sales increased by 3 per cent to SEK 806 m (779), of which -10 per cent was organic. Currency-adjusted organic growth was -7 per cent.
  • EBITA increased to SEK 84 m (71), for an EBITA margin of 10.4 per cent (9.1). EBITA was charged with restructuring costs of SEK 8 m (-). EBITA adjusted for restructuring costs was SEK 92 m (71), for an adjusted EBITA margin of 11.4 per cent (9.1).
  • Operating profit increased to SEK 52 m (43), for an operating margin of 6.5 per cent (5.5).
  • Profit after tax increased to SEK 37 m (31).
  • Earnings per share increased to SEK 1.11 (0.93).
  • Cash flow from operating activities decreased to SEK -66 m (32).
  • Acquisition of SaaS company Netpublicator with net sales of SEK 16 m.

SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • No significant events have taken place after the end of the reporting period.

 

This information is such information that Addnode Group AB (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted, through the agency of the contact persons set out below, for publication at 8:30 a.m. CET on 23 October 2020.

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