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2021-10-27

First Camp Group AB: First Camp delivering a record-high quarterly result

First Camp, Scandinavia's largest campsite chain, is delivering a Q3 result that is higher than the same quarter in 2019, that is pre-Covid-19. Total revenues for the quarter were 291.6 MSEK, and Pro-forma adjusted EBITDA 16.4 MSEK, +32.9 MSEK vs Q3 2020 and +28.4 MSEK vs. Q3 2019, excluding effects from acquisitions.

"The Scandinavian camping industry has recovered from the Covid-19 pandemic and First Camp has continued to strengthen its market position thanks to further improvements of the guest experience as well as digital development. The entire First Camp team deserves credit for delivering a result that is even better than in 2019, pre-Covid-19," says Johan Söör, CEO of First Camp.

Third quarter 2021 (same quarter last year in brackets)

  • Total revenue of SEK 291.6 million (236.9)
  • Pro forma revenue increased with 21% compared to Q3 2020
  • Pro forma Adjusted EBITDA amounted to SEK 161.4 million (128.5)
  • EBIT of SEK 149.8 million (115.3)
  • Cash flow from operating activities of SEK 52.2 million (32.0)

First three quarters 2021 (same quarter last year in brackets)

  • Total revenue of SEK 419.4 million (339.4)
  • Pro forma revenue increased with 21% compared to same period 2020
  • Pro forma Adjusted EBITDA amounted to SEK 136.6 million (100.8)
  • EBIT of SEK 103.2 million (64.0)
  • Cash flow from operating activities of SEK 107.4 million (43.0)

This information is information that First Camp Group AB 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 below, at 08.00 CET on October 27, 2021.

For further information, please contact:

Göran Meijer
CFO 
goran.meijer@firstcamp.se
+46 (0)707 18 05 75

Johan Söör
CEO
johan.soor@firstcamp.se

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