Sitowise’s Half-year Report January – June 2022: Double-digit growth in net sales continued
Sitowise Group Plc, Half-year Report 1 January – 30 June 2022, 17 August 2022 at 8:30 am Q2: Double-digit growth in net sales continuedApril–June in brief (Q2) · Net sales increased by 11% to EUR 51.7 (46.5) million. · Organic net sales grew by 4% (-5%). · Adjusted EBITA was EUR 4.9 (5.9) million, or 9.5% (12.7%) of net sales. · The order book increased by 21% to EUR 169 (140) million. · Leverage (net debt / adjusted EBITDA) rose as a result of acquisitions and was 2.7x (1.5x). · Sitowise carried out three acquisitions. In June, the Group was joined by two Finnish