Cint Group year-end report 2022
Challenging quarter impacted by weak demand and reversalsHighlights for the fourth quarter · Net sales increased by 79.5 percent to EUR 80.3m (44.8). On a pro forma basis net sales increased by 6.6 percent (0.1 percent on constant currency basis). · Gross profit amounted to EUR 48.7m (22.7) with a gross margin of 60.6 percent (50.8). Gross profit pro forma 2021 amounted to EUR 46.7m corresponding to a margin of 62.0 percent. · Adjusted EBITDA amounted to EUR 13.5m (8.5) with an adjusted EBITDA margin of 16.8 percent (19.0). Adjusted EBITDA pro forma 2021 amounted to EUR 11.