Interim Report, 1 January – 30 September 2019
GROWTH AND HIGHER EARNINGS
THIRD QUARTER SUMMARY, JULY-SEPTEMBER 2019
• Net sales increased by 20 per cent to SEK 779 m (648), of which 9 per cent was organic. Currency-adjusted organic growth was 8 per cent.
• EBITA increased to SEK 71 m (65), for an EBITA margin of 9.1 per cent (10.0).
• Operating profit increased to SEK 43 m (40), for an operating margin of 5.5 per cent (6.2).
• Profit after tax increased to SEK 31 m (28).
• Earnings per share increased to SEK 0.93 (0.84).
• Cash flow from operating activities increased to SEK 32 m (-61).
• Lotta Jarleryd named as interim CFO.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
• Expansion of Group Management with addition of Adam Nilsson, Head of M&A and Corporate Development.
This information is inside information that Addnode Group AB (publ) is obligated to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.30 a.m. CEST on 25 October 2019.
For more information, please contact
Johan Andersson, CEO and President, Addnode Group
Tel: +46 (0) 70 420 58 31, e-mail: johan.andersson@addnodegroup.com
Lotta Jarleryd, Interim CFO, Addnode Group
Tel: +46 (0) 72 247 92 01, e-mail: lotta.jarleryd@addnodegroup.com
About Addnode Group
Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are one of Europe’s leading suppliers of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway.
We are 1,700 employees in Sweden, Germany, UK, Australia, Denmark, Finland, India, Canada, The Netherlands, Norway, Serbia, Slovakia, South Africa, USA and Austria. Net sales in 2018 amounted to SEK 2,942 M. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com.