Polygiene Group AB (publ.) Interim Report July 1 – September 30, 2022
Reduced purchasing power and increased inventory turns distributors cautiousThe quarter in brief (July - September 2022) · Net sales amounted to MSEK 41.0 (52.3), a decrease by 21.7 % mainly due to reduced sales to the distributor level · The gross margin increased to 65.6 (64.3) % · The operating profit before depreciations EBITDA amounted to MSEK 5.1 (15.7), corresponding to an EBITDA margin of 12.5 (30.0) % · The operating profit after depreciations and before tax EBIT amounted to MSEK 7.0 (15.7), corresponding to an EBIT margin of 17.2 (30.0) % · The cash flow amounted