Polygiene Group AB (publ.) Interim Report January 1 – March 31, 2024
Polygiene Group reports strong growth and profitability The net revenue for the quarter amounted to MSEK 35.1 (28.0), reflecting an increase of 25.2 %. During the period, a gross margin of 68.7 (76.4) % was reported. The quarter’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) amounted to MSEK 4.8 (-1.4). Cash flow was positive at MSEK 2.5, with cash and cash equivalents totaling MSEK 48.9.The quarter in brief · The net sales amounted to MSEK 35.1 (28.0), representing an improvement of 25 %. · The gross margin amounted to 68.7 (76.4) %. · Operating