Interim Report Q2 2021: AE4 2017 Sweden AB (publ)
The Company had a continued positive development during the second quarter 2021, with increasing profits as a result of revenue growth and remained cost control.
- Adjusted EBITDA Q2 up 42.6% YoY to 45.2 (31.7) MSEK
- Quarterly net revenue increase of 19.6% YoY to 305.7 (255.6) MSEK
- Continued limited financial impact of the ongoing Covid-19 situation
- Strong cash generation from the operating business during Q2
- Group figures for 2020 are pro-forma including Elements (acquisition completed in August 2020)
Table 1: Key financials
The Complete interim report is available at http://www.ae42017.com
For further information, please contact:
Johan Ahlgren, CFO, +46 (0) 73 325 44 80, johan.ahlgren@scandinaviancosmetics.se
About AE4 2017 Sweden AB
AE4 invests in companies in the Nordic cosmetics industry. The Company is parent company in a group with subsidiaries in Sweden, Norway, Finland and Denmark. Organic growth together with selected acquisitions will be the foundation for our growth strategy. Our 200 employees strive and develop in an organization characterized by professionalism and entrepreneurship. The group is head quartered in Malmö.
For further information please visit: ae42017.com
Agent & Security Agent:
Nordic Trustee, Telephone: +46 (0) 8 783 7900 E-mail: sweden@nordictrustee.com
This information is information that AE4 2017 Sweden AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 16:00 CEST on 10 Aug 2021.
Tags:
