Year-end report 2021
OCTOBER– DECEMBER 2021 · Net sales amounted to MSEK 370.1 (306.3). · Growth was 21% (10). · EBIT amounted to MSEK 57.7 (49.5). · EBIT margin amounted to 15.6% (16.2). · Net income was MSEK 46.4 (34.4). · Earnings per share amounted to SEK 0.93 (0.69). CEO PATRIK ANDERSSON: A YEAR OF STRONG GROWTH AND HIGH PROFITABILITYIt is gratifying that GARO can summarize its best ever fiscal year in terms of sales and earnings. Net sales increased 25% with strong growth for GARO Sweden and GARO International and a strong performance for all product areas in both business areas.