Interim report Q1, January - March 2022

Summary January - March 2022 • Net sales amounted to SEK 75.6 (70.4) million, an increase of 7.4 percent. In local currencies growth was 1.2 percent. • EBIT was SEK -0.2 (6.0) million, with an EBIT margin of -0.3 (8.5) percent. • Profit/loss after tax amounted to SEK 1.4 (6.5) million. • Earnings per share before/after dilution amounted to SEK 0.07 (0.35). • Cash flow from operating activities decreased to SEK 5.5 (9.4) million.CEO’s comments We notice an increased activity in the market and during the first quarter, MSAB has signed several strategically important