Interim Report January − March 2021

Report this content

JANURAY − MARCH 2021

  •  Net sales increased by 7.6 % to SEK 1,523 million (1,416)
  •  Operating profit amounted to SEK 102 million (41)
  •  Profit after financial items amounted to SEK 69 million (27)
  •  Profit after tax amounted to SEK 50 million (18)
  •  Earnings per share amounted to SEK 0.38 (0.19)
  •  Cash flow from operating activities amounted to SEK 102 million (126)
  •  Net debt amounted to SEK 878 million (2,472) 
  •  Net debt excl. lease liability decresed to SEK 222 million (1,741) 

In 2021, non-recurring items impacted the profit after financial items by SEK -14 million (-12).

  •   EBITDA excluding non-recurring items amounted to SEK 179 million (121)
 

IMPORTANT EVENTS JANUARY − MARCH 2021

  • ITAB’s recapitalisation completed

    • The rights issue has contributed SEK 768 million before equity issue costs
    • The offset issue has contributed SEK 100 million to equity
    • All A shares have been reclassified to B shares
       
  •  Acquisition of 81% of Cefla’s business unit for retail solutions completed.
 

This information is such information that ITAB Shop Concept AB (publ) is obliged to make public under the EU’s Market Abuse Regulation. The information was
submitted for publication at 1 pm May 11, 2021.

 

For further information, please contact:
ITAB Shop Concept AB 
Ulrika Bergmo Sköld, CFO
Telephone:  +46 36 31 73 00
Mobile:    +46 732-30 05 98
Box 9054, SE-550 09 JÖNKÖPING   
Telephone: +46 36 31 73 00
itab.com, itabgroup.com 


 

AT ITAB we help customers turn consumer brand experience into physical reality with our know-how, solutions, and ecosystem of partners. We co-create with our customers, efficient retail solutions that deliver convenient and inspiring consumer experiences. The offer includes consultative design services, custom-made interiors, checkout systems, consumer guidance solutions, professional lighting systems and interactive digital solutions for the physical store. ITAB has approximately 2,900 employees and net sales in 2020 amounted to MSEK 5,323. The company's B share is listed on Nasdaq Stockholm.

Subscribe

Documents & Links

Quotes

The year started well with currency-adjusted growth of 13 percent, mainly driven by strong growth in Southern Europe, with largest increase in our largest customer category, Grocery. The acquisition of Cefla Retail Solutions contributed 9 percent and organic growth was 4 percent.
Andréas Elgaard, CEO & President