First Camp Group Interim report Q2 2021

First Camp, Scandinavia’s largest campsite chain, increased revenues in the second quarter of 2021 by 23% vs same period in 2020, excluding effects from acquisitions (pro forma).

Highlights for second quarter 2021 (same quarter last year in brackets)

• Total revenue of SEK 101.8 million (81.7)
• Pro forma revenue increased with 23% compared to Q2 2020
• EBITDA of SEK 12.4 million (7.4)
• Pro forma Adjusted EBITDA amounted to SEK 8.5 million (6.1)
• Cash flow from operating activities of SEK 63.7 million (45.3)

Highlights for the first two quarters 2021 (same period last year in brackets)

• Total revenue of SEK 127.8 million (102.6)
• Pro forma revenue increased with 23% compared to same period 2020
• EBITDA of SEK -16.5 million (-22.0)
• Pro forma Adjusted EBITDA amounted to SEK -24.8 million (-27.7)
• Cash flow from operating activities of SEK 55.2 million (10.9)

Significant events in the second quarter

• Name change of parent company from United Camping AB to First Camp Group AB
• AI-based revenue management system implemented and operational at all Swedish campsites in the chain
• The customer club First Camp Club, which already existed in Sweden, now also implemented in Denmark)

Significant events in the first quarter

• Entrance into the lease agreement for Löttorp camping (as of 1 January 2021)
• In February, Frigård Camping in Denmark joined the First Camp brand (however, the campsite is operated by another company outside the United Camping AB Group)

Significant events after the reporting period

• During July, First Camp Group AB's revenue increased by 20 percent compared to 2020. Compared with 2019, the revenue decreased during the same period by only one percent
• The booking situation for August is strong, +24 percent vs the same time in 2020 and +22 percent vs 2019. However, a high proportion of bookings are made close to arrival, and there is continued uncertainty about how neighbouring countries' recommendations and restrictions for international travel will develop during the early autumn

This information is information that First Camp Group AB is obliged 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 08.00 CET on August 13, 2021.

For further information, please contact:

Göran Meijer
CFO
goran.meijer@firstcamp.se
+46 (0)707 18 05 75

Johan Söör
CEO
johan.soor@firstcamp.se