Synsam Group’s Q1 report 2024
Continued strong growth and further improvement in profitability - Improved operating margins in a challenging economic climate1 January - 31 March 2024 · Net sales amounted to SEK 1,521 million (1,411), up 7.8 percent. Organic growth totalled 7.7 percent (17.5) · Net sales from spectacles subscriptions increased 11.6 percent (27.5) · The gross margin was 75.7 percent (76.6) · EBITDA rose to SEK 358 million (318) and the EBITDA margin was 23.3 percent (22.3) · EBITA increased to SEK 205 million (171) and the EBITA margin was 13.4 percent (12.0) · EBIT increased to SEK