Karnov Group reports first quarter results 2019
Continued growth with improved profitabilityFirst quarter summary · Net sales up 6% to SEK 205 m (194) and organic growth of 3%. · EBITA increased by SEK 26 m to SEK 67 m (41) with EBITA margin of 32.9% (21.2%), mainly due to SEK 17 m lower impact from items affecting comparability. · Adjusted EBITA increased by 12% to SEK 85 m (76) and adjusted EBITA margin improved by 2 percentage points to 41.6% (39.2). · Operating profit (EBIT) increased to SEK 37 m (12). · Earnings per share before and after dilution increased to SEK 0.07 (-0.23). · Operating cash flow