Karnov Group reports second quarter results
Steady growth & JUNO roll-outSecond quarter summary · Net sales up 4% to SEK 173 m (166), organic growth was 3%. · Adjusted EBITA increased by 8.8% to SEK 60 m (55) and adjusted EBITA margin improved by 1.4 percentage points to 34.7% (33.3). · EBITA declined by SEK 15 m to SEK 30 m (45) with EBITA margin of 17.6% (27.0%), due to SEK 19 m higher impact from items affecting comparability. · Operating profit (EBIT) declined to SEK -1 m (14). · Earnings per share SEK -0.45 (-0.18). · Adjusted operating cash flow amounted to SEK 18 m (23). · Preparations for the roll-out