Interim Report Q3 2021: AE4 2017 Sweden AB (publ)
The Group’s like for like development during the third quarter of 2021 was affected negatively by the ended partnership with Coty as of July 1st. However, the Company foresees that the negative Coty impact during the second half of 2021 will be compensated by positive development in the remaining portfolio, and that the loss will not have a long-term negative impact on the Group’s profitability. · Adjusted EBITDA Q3 down 18.6% YoY to 33.2 (40.8) MSEK · Quarterly net revenue decrease of 12.7% YoY to 262.7 (300.9) MSEK · Continued strong cash generation from the operating business