Karnov Group reports first quarter results 2021
Good start to the yearFINANCIAL HIGHLIGHTS FIRST QUARTER · Net sales increased to SEK 234 m (212), organic growth was 5%. · EBITA amounted to SEK 95 m (88) with EBITA margin of 40.7% (41.6%). · Adjusted EBITA amounted to SEK 95 m (88) with adjusted EBITA margin of 40.7% (41.6%). · Net result amounted to SEK 40 m (29). · Earnings per share after dilution amounted to SEK 0.40 (0.30). · Adjusted operating cash flow amounted to SEK 104 m (170). CEO flemming breinholt comments on the quarter: We have had a positive start to 2021, with continued growth and solid margins.