Interim report January - March 2022
Growth and component shortages JANUARY - MARCH 2022 · Net sales amounted to MSEK 381.6 (290.6). · Net sales increased 31% (17). · EBIT amounted to MSEK 66.8 (45.9). · EBIT margin amounted to 17.5% (15.8). · Net income was MSEK 53.7 (38.3). · Earnings per share amounted to SEK 1.07 (0.76). EVENTS DURING THE QUARTER · From January 1, 2022, operations are reported divided into the business areas of GARO Electrification and GARO E-mobility. · A decision was made to invest in a new production and logistics facility in Poland with construction starting in the