ADDNODE GROUP’S GROWTH STRATEGY IS CREATING VALUE
FOURTH QUARTER SUMMARY, OCTOBER–DECEMBER 2022
- Net sales increased by 60 per cent to SEK 1,786 m (1,114), of which 18 per cent was organic. Currency-adjusted organic growth was 13 per cent.
- EBITA increased to SEK 200 m (148), and the EBITA margin was 11.2 per cent (13.3).
- Operating profit rose to SEK 149 m (106), and the operating margin was 8.3 per cent (9.5).
- Profit for the period increased to SEK 103 m (80).
- Earnings per share increased to SEK 0.77 (0.60).
- Cash flow from operating activities increased to SEK 261 m (257).
- Elisabeth Forslin appointed Head of M&A.
- Acquisition of the operations of JBL Technologies of the USA, with net sales of SEK 15 m.
- The Board of Directors proposes a dividend of SEK 1.00 (0.75) per share.
SUMMARY OF SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD
- Acquisition of FAST2 Affärssystem in Sweden, with net sales of approximately SEK 80 m.
- Addnode Group advances to the Large Cap segment of Nasdaq Stockholm.
- The Board of Directors decides to amend the dividend policy to 30-50 per cent of the Group’s profit after tax.
