Embellence Group Interim Report Q1 2022
Continued profitable growth despite weak demand in the NordicsFirst quarter 2022 · Net sales amounted to MSEK 184.4 (177.5), up 3.9%. · Negative organic currency adjusted growth of -6.3% · Adjusted EBITA amounted to MSEK 32.8 (28.2), up 16.3%. · EBITA amounted to MSEK 30.7 (23.0), up 33.5 per cent. · Net profit for the period amounted to MSEK 24.8 (15.4), and earnings per share to SEK 1.15 (0.72). · Operating cash flow amounted to MSEK 37.2 (12.9). Significant events during the quarter · Acquisition of the US company Artscape Inc. · Directed new share issue