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Press release

ABSOLENT AIR CARE GROUP INTERIM REPORT JAN-JUN 2022

Absolent Air Care Group

ABSOLENT AIR CARE GROUP INTERIM REPORT JAN-JUN 2022

    April-June 2022

    • Net sales amounted to SEK 350.7 (269.6) million, which equals a growth of 30.1 (37.2) %.
    • Operating profit before amortizations and depreciations (EBITDA) increased by 45.5 % and amounted to SEK 73.4 (50.4) million with a margin of 20.9 (18.7) %.
    • Operating profit (EBIT) increased by 54.2 % and amounted to SEK 63.4 (41.1) million with a margin of 18.1 (15.2) %.
    • Earnings per share amounted to SEK 3.75 (2.72).
    • Cash flow from operating activities amounted to SEK 20.6 (34.2) million.

    January-June 2022

    • Net sales amounted to SEK 672.8 (502.7) million, which equals a growth of 33.8 (5.7) %.
    • Operating profit before amortizations and depreciations (EBITDA) increased by 59.0 % and amounted to SEK 135.5 (85.2) million with a margin of 20.1 (17.0) %.
    • Operating profit (EBIT) increased by 73.5 % and amounted to SEK 115.3 (66.5) million with a margin of 17.1 (13.2) %.
    • Earnings per share amounted to SEK 7.17 (4.33).
    • Cash flow from operating activities amounted to SEK 62.9 (61.9) million.

    Further information

    The complete interim report is available at

    https://www.absolentgroup.com/en/investors/financial-reports/

    For further questions please contact:

    Axel Berntsson, CEO and President

    Karin Brossing Lundqvist, CFO

    Phone: +46 (0) 510 48 40 00

    E-mail: ir@absolentgroup.com

    The following documents can be retrieved from beQuoted
    Press-release-Absolent-Air-Care-Group-Interim-Report-Jan-Jun.pdf
    Absolent-Air-Care-Group-Interim-report-Jan-Jun-2022.pdf

    Absolent Air Care Group AB is listed on Nasdaq First North Growth Market.

    Certified Adviser for Absolent Air Care Group AB is Erik Penser Bank AB.

    Phone: +46 (0) 8 463 83 00

    Email: certifiedadviser@penser.se

    This information is information that Absolent Air Care Group AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 1:00 p.m. CEST on August 17, 2022.

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