Sleep Cycle interim report April-June 2022 - Stable growth and strong operating margin
The positive development from the start of the year continued in the second quarter. Net sales increased by 19.0%, equivalent to an increase of 16.1% adjusted for currency effects. The operating margin increased to 24.4% thanks to effective cost control and growth in revenue. The total number of users increased but was impacted by seasonal variations and price adjustments. As anticipated, new user acquisition was only partially affected by the price adjustments, resulting in an overall higher sales value.Second quarter summary (April-June 2022) · Net sales increased by 19.0% (12.5)%