Rugvista Group AB (publ) – publishes Interim Report for January–March 2024
Strategic achievements in a challenging market First quarter · The net revenue amounted to MSEK 176.1 (180.6), corresponding to a decrease of -2.4% (-3.1%). · Organic net revenue growth was -3.5% (-8.1%). · The gross margin reached 61.6% (62.6%). · The operating profit amounted to MSEK 20.0 (25.7), and the operating margin was 11.4% (14.2%). · The profit for the period totaled MSEK 17.2 (20.3). · Inventory as a percentage of net revenue (rolling twelve months) was 19.1% (26.0%). · The net debt at the end of the period was MSEK -209.2 (-116.1). · Earnings per