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Interim Report 1 January – 31 March 2020

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”High demand and strong profit growth!”

1 JANUARY – 31 MARCH 2020 (3 MONTHS)

  • Net sales increased by 25 percent to SEK 1,053 million (845), of which organic growth amounted to 12 percent and acquired growth amounted to 13 percent.
  • EBITA increased by 51 percent to SEK 106 million (70), corresponding to an EBITA-margin of 10.0 percent (8.3).
  • Profit after tax increased by 54 percent to SEK 54 million (35).
  • Earnings per share amounted to SEK 1.92 (1.32). Earnings per share for the last 12 months amounted to 5.73 SEK (5.12).
  • Cash flow from operating activities amounted to SEK 80 million (99).
  • The equity ratio was 42 percent (45).
  • Return on working capital (P/WC) amounted to 54 percent (51).
  • On 8th of January all shares in Italian EuroClone S.p.A were acquired for the Labtech business area. The company has annual sales of about SEK 280 million.
  • New credit arrangements were signed with Handelsbanken and Danske Bank, which has increased available credits with additional SEK 200 million.

Stockholm, 28 April 2020
AddLife AB (publ)

For more information, contact;
Kristina Willgård, CEO, kristina.willgard@add.life, +46 70 510 12 23
Martin Almgren, CFO, martin.almgren@add.life, +46 70 228 15 45
www.add.life

 

Teleconference

Investors. analysts and the media are invited to a teleconference at which CEO Kristina Willgård and CFO Martin Almgren will present the interim report. The presentation will be given in English and take about 20 minutes. after which there will be an opportunity to ask questions.

The teleconference will be at 10:00 a.m. on 28 April 2020
The presentation will be available via the following link: https://5569958126.globalmeet.com/MartinAlmgren2
Please call on: +46 8 22 90 90 code: 327497

 

AddLife is an independent player in the Life Science industry that offers high-quality products, services and advice to both the private and public sectors, mainly in the Nordic region and rest of Europe. AddLife has about 1,000 employees in some 45 operating subsidiaries. The Group currently has net sales of around SEK 3.7 billion. AddLife shares are listed on Nasdaq Stockholm.

This information is information that AddLife AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 28 April 2020 at 08:00 a.m. CET.
 

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