More than doubling sales and earnings
First quarter in summary
January-March 2022
- Net sales
SEK 488,1m (201,7), +142 percent (13 percent organic) -
EBITA result
SEK 73,4m (28,7), +156 percent -
EBIT result
SEK 67,7m (24,9) +172 percent -
Items affecting comparability
SEK 0,6m (2,7) -
Profit before tax
SEK 64,1m (25,7) -
Earnings per share
SEK 1,49 (0,96) -
Cash flow from operating activities
SEK 57,7m (1,5)
Important events during the quarter
- Svedbergs carries out a successful rights issue that yields
SEK 480m after issue costs. The issue was oversubscribed by 70%. -
In March, the main owner
Stena Adactum increased its ownership to over 30%, which is why, according to the exchange's rules, it was obliged to submit a so-called mandatory bid. Roper Rhodes wins a Reddot Award (design award) for "Loop", an intelligently rechargeable mirror.- New dividend policy adopted by the Board.
Important events after the end of the period
- The period for acceptance of
Stena Adactum's mandatory bid lasts during the period 4 April to 4 May. - In connection with the mandatory bid offer, independent board members formed a mandatory bid committee which unanimously recommended to the shareholders not to accept the bid. An independent company was hired to evaluate the bid
Financial goals
The financial goals for the Group decided by the Board are:
- Average growth of 10 percent annually, including acquisitions.
- EBITA margin exceeding 15 percent.
This is information that
This information was submitted for publication on
Svedbergs started in 1920 and the Group operates in the Nordic region and in the
https://news.cision.com/svedbergs/r/interim-report-q1-january---march-2022,c3550772
https://mb.cision.com/Main/1030/3550772/1567424.pdf
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