Karnov Group reports first quarter results 2024
Progressing with the Group’s cost-efficiency initiatives. Accelerating strategy execution for further profitable growth in Europe.Financial highlights first quarter · The Group’s net sales increased by 2.9% to SEK 632 m (614). Organic growth (constant currency) was 2.5%. Currency effect was 0.4%. · The Group’s adjusted EBITA amounted to SEK 144 m (140) with adjusted EBITA margin of 22.7% (22.9). · Net result amounted to SEK -12 m (18). · Earnings per share before and after dilution amounted to SEK -0.11 (0.17). · Adjusted free cash flow amounted to SEK 107 m (153).