Ellos Group AB (publ) interim report January - March 2023
Press release, Borås, 11 May 2023The interim report for Ellos Group AB (publ) is published today. THE FIRST QUARTER 2023• Net sales decreased by 5.4 % to SEK 816.4 (862.6) million. Organically, net sales decreased by 3.0 %• The gross margin decreased to 50.9 (51.5) %• Adjusted EBITA amounted to SEK 6.8 (15.0) million. The adjusted EBITA margin stood at 0.8 (1.7) %• The operating profit/loss amounted to SEK -16.8 (-23.2) million. The operating margin was -2.1 (-2.7) %• Cash flow from operating activities amounted to SEK -50.1 (-103.8) million.• Inventories amounted to SEK 678.