RugVista Group AB (publ) interim report January – March 2022
Good profitability despite challenging market conditions First quarter 2022 highlights · Net revenue was SEK 186.0 (204.5) million representing a growth of -9.1% (+84.8%). · Organic net revenue growth was -12.3%. · Gross margin decreased to 62.3% (64.9%). · EBIT was SEK 21.5 (39.7) million and EBIT margin was 11.6% (19.4%). · Adjusted EBIT was SEK 21.5 (49.6) million corresponding to an adjusted EBIT margin of 11.6% (24.2%). · Profit for the period was SEK 16.8 (32.2) million. · Earnings per share and per diluted share was SEK 0.81 (1.58)[1]. · Net cash position