Karnov Group reports first quarter results
New investments in line with growth strategyFINANCIAL HIGHLIGHTS FIRST QUARTER · Net sales up 3% to SEK 212 m (205), organic growth was 2%. · EBITA amounted to SEK 88 m (68) with EBITA margin of 41.6% (32.9%). · Adjusted EBITA increased by 3% to SEK 88 m (85) and adjusted EBITA margin was 41.6% (41.6%). · Operating profit (EBIT) amounted to SEK 51 m (37). · Earnings per share after dilution amounted to SEK 0.30 (0.15). · Adjusted operating cash flow improved by 4% to SEK 170 m (163). CEO flemming breinholt comments on the quarter: Karnov Group has during the first