Hemnet Group Interim report Q1 2021
Strong growth in net sales and adjusted EBITDASummary for the period January-March 2021 · Net sales increased by 23.6 percent to SEK 142.5m (115.3) · Adjusted EBITDA increased 57.1 percent to SEK 57.2m (36.4) · Operating profit decreased 3.5 percent to SEK 13.6m (14.1) · New compensation model for real estate agent offices and a segmented pricing for Hemnet Bas launched on 1 March Significant events after the period · Initial public offering (“IPO”) on Nasdaq Stockholm, Large Cap list on 27 April · Entered into a new revolving credit-facility of SEK 500m on April