Ellos Group AB (publ) interim report January - March 2024
Press release, Borås, 8 May 2024The interim report for Ellos Group AB (publ) is published today.THE FIRST QUARTER 2024 · Net sales decreased by 5.7 % to SEK 770,0 (816.4) million. Organically, net sales decreased by 5.3 %. · The gross margin increased to 40.6 (39.5) %. · Adjusted EBITA increased to SEK 20.2 (6.8) million. The adjusted EBITA margin increased to 2.6 (0.8) %. · The operating profit/loss increased to SEK -3.4 (-16.8) million. The operating margin increased to -0.4 (-2.1) %. · Cash flow from operating activities amounted to SEK -252.3 (-48.8) million. ·