Synsam Group’s Q1 report 2023
Stronger organic growth (17.5 percent) and improved EBITDA margin compared with Q4 2022 - ”Cost programme starting to deliver according to plan”1 January - 31 March 2023 · Net sales amounted to SEK 1,411 million (1,186), up 19.0 percent. Organic growth totalled 17.5 percent (12.3) · Net sales from spectacles subscriptions increased 27 percent (18) · The gross margin was 76.6 percent (79.3) · EBITDA[[1]] rose to SEK 318 million (293) and the EBITDA margin was 22.3 percent (24.4) · EBITA amounted to SEK 171 million (178) and the EBITA margin was 12.0 percent (14.7) · EBIT