Interim report January – September 2022
Solid underlying performance with strong profitability and improved cash flow Highlights for the third quarter · Net sales increased by 116.8 percent to EUR 74.3m (34.3). On a pro forma basis net sales increased by 23.9 percent (11.0 percent on constant currency basis). · Gross profit amounted to EUR 47.1m (17.5) with a gross margin of 63.4 percent (50.9). Gross profit pro forma 2021 amounted to EUR 38.1m corresponding to a margin of 63.5 percent. · Adjusted EBITDA amounted to EUR 14.1m (6.6) with an adjusted EBITDA margin of 19.0 percent (19.4) Adjusted EBITDA pro forma