NOTE’s Interim Report January–June 2022

Financial performance in April-June• Sales increased by 40% to SEK 898 (642) million. Adjusted for acquisitions and currency effects growth was 24%.• Operating profit was up by 39% to SEK 83 (60) million.• Operating margin was 9.3% (9.3%).• Profit after financial items was up by 22% to SEK 72 (58) million.• Profit after tax increased by 24% to SEK 59 (47) million, corresponding to SEK 2.02 (1.66) per share.• Cash flow after investments amounted to SEK -4 (-53) million, or SEK -0.14 (-1.85) per share. Cash flow was negatively  affected by the continued challenges in the market