Interim Report 1 January - 31 March 2021
IMPROVED EBITA MARGIN AND CONDITIONS FOR GROWTH
FIRST QUARTER SUMMARY, JANUARY–MARCH 2021
• Net sales decreased by 16 per cent to SEK 1,036 m (1,234), of which -17 per cent organic.
Currency-adjusted organic growth was -14 per cent.
• EBITA was SEK 107 m (108), and the EBITA margin increased to 10.3 per cent (8.8).
• Operating profit was SEK 73 m (77), with an operating margin of 7.0 per cent (6.2).
• Profit after tax was SEK 54 m (57).
• Earnings per share were SEK 1.62 (1.71).
• Cash flow from operating activities decreased to SEK 150 m (276).
• Agreement signed to acquire S-GROUP Solutions AB, with net sales of SEK 144 m in 2020.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
• Issue of 204,802 Class B shares in connection with the acquisition of S-GROUP Solutions AB.
This information is such 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 persons set out below, at 8:30 a.m. CET on 29 April 2021.
For more information, please contact:
Johan Andersson, CEO and President, Addnode Group
Phone: +46 (0) 704 20 58 31, e-mail: johan.andersson@addnodegroup.com
Lotta Jarleryd, CFO, Addnode Group
Phone: +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 digital services to markets in which the group 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.
We are 1,800 employees in Sweden, Germany, UK, Australia, Austria, Canada, Denmark, Finland, France, India, Japan, Netherlands, Norway, Serbia, Slovakia, and USA. Net sales in 2020 amounted to SEK 3,807 million. Addnode Group's Series B share is listed on Nasdaq Stockholm. For more information, please visit: www.addnodegroup.com