Interim report 1 January – 30 June 2023

Continued strong growth 

"Increased commercial activity and new development initiatives
create growth and we see many opportunities to develop the business further."
Fredrik Dalborg, President and CEO

1 APRIL – 30 JUNE 2023 (3 MONTHS)

• Net sales increased by 14% to SEK 2,365 m (2,079). The COVID-19 related sales decreased to 0 m (36) and the organic growth excluding, COVID-19 related sales and exchange rate changes, was 8%. 
• EBITA increased by 3% to SEK 247 m (240), corresponding to an EBITA-margin of 10.4% (11.6). 
• Profit after tax amounted to SEK 33 m (76).
• Earnings per share amounted to SEK 0.27 (0.63). 
• Cash flow from operating activities amounted to SEK 82 m (206). Capital tied up increased as a result of strong growth.

1 JANUARY – 30 JUNE 2023 (6 MONTHS)

• Net sales increased by 4% to SEK 4,822 m (4,658), whereof the acquired growth amounted to 1%. The COVID-19 related sales decreased to 0 m (546) and the organic growth excluding, COVID-19 related sales, was 10%.
• EBITA decreased by 9% to SEK 613 m (675), corresponding to an EBITA-margin of 12.7% (14.5). EBITA includes a reversed contingent consideration amounting to 83 m, adjusted for this the EBITA-margin amounts to 11.0%.
• Profit after tax amounted to SEK 207 m (301).
• Earnings per share amounted to SEK 1.70 (2.47). Earnings per share for the last 12 months amounted to SEK 3.19 (5.07). 
• Cash flow from operating activities amounted to SEK 187 m (538).
• The equity ratio was 38% (38).
• Return on working capital (P/WC) amounted to 53% (61).