P R E S S R E L E A S E
Cautious market leading to flat revenue and lower margins
- Net sales amounted to MSEK 1,282 (1,188). Adjusted for changes in foreign exchange rates, net sales increased 1 percent.
- EBITA decreased 9 percent to MSEK 153 (168).
- The EBITA margin was 12.0 (14.2) percent.
- Profit after tax decreased 13 percent to MSEK 83 (96).
- Earnings per share decreased 13 percent to
SEK 4.30 (4.97).
Second quarter 2023
- Net sales amounted to MSEK 703 (664). Adjusted for changes in foreign exchange rates, the revenue growth was flat.
- EBITA decreased 5 percent to MSEK 106 (112).
- The EBITA margin was 15.1 (16.8) percent.
- Profit after tax decreased 10 percent to MSEK 61 (68).
- Earnings per share decreased 10 percent to
SEK 3.14 (3.49).
Downgraded outlook for 2023
The result is expected to be in line with the preceding year, which deviates from the previous report, when the result was expected to be better than the preceding year.
CEO comments,
“The workforce planning and efficiency initiatives started in the first quarter in
For more information, please contact:
Head of investor relations
michael.wallin@bts.com
+46-58 70 70 02
+46-708-78 80 19
This information is information that
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Attachment
BTS Group AB (PUBL) Interim reportJanuary 1 - June 30, 2023
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