Karnov Group reports third quarter results
Good offline sales & JUNO roll-out on trackThird quarter summary · Net sales up 8% to SEK 190 m (176), organic growth was 6%. · EBITA increased to SEK 69 m (60) with EBITA margin of 36.5% (34.2%). · Adjusted EBITA increased by 5.9% to SEK 74 m (70) but adjusted EBITA margin declined by 0.6 percentage points to 38.9% (39.5). · Operating profit (EBIT) increased to SEK 38 m (30). · Earnings per share after dilution amounted to SEK 0.33 (0.12). · Adjusted operating cash flow amounted to SEK 2 m (-12). · Continued roll-out of JUNO, a new joint offering from Norstedts
