RugVista Group AB (publ) – publishes Interim Report for January – March 2023
Good profitability and progress on strategic initiatives First quarter 2023 · The net revenue was MSEK 180.3 (186.0), corresponding to a decrease of -3.1% (-9.1%) · The organic net revenue growth was -8.1% (-12.3%) · The gross margin increased slightly to 62.6% (62.3%) · The EBIT improved to MSEK 25.7 (21.5) and the EBIT-margin also improved to 14.2% (11.6%) · The profit for the period increased to MSEK 20.3 (16.8) · The inventory value as a percentage of LTM net revenue amounted to 26.0% (21.6%) · The net cash at the end of the period was MSEK 116.1 (162.7) ·