Ellos Group AB (publ) interim report January - September 2023
Press release, Borås, 26 October 2023 The interim report for Ellos Group AB (publ) is published today. THE THIRD QUARTER 2023 • Net sales decreased by 4.2 % to SEK 824.5 (860.8) million. Organically, net sales decreased by 4.2 %.• The gross margin increased to 52.1 (50.0) %.• Adjusted EBITA amounted to SEK 67.3 (30.2) million. The adjusted EBITA margin stood at 8.2 (3.5) %.• The operating profit/loss amounted to SEK 43.7 (-3.7) million. The operating margin was 5.3 (-0.4) %.• Cash flow from operating activities amounted to SEK 16.9 (-0.4) million.• Inventories amounted