Press release -
Q2: Continued growth and strong cash flow
Second quarter
- Net sales for the quarter increased 9.0 per cent to SEK 2,188 million (2,007).Organic growth in fixed exchange rates amounted to 7.0 per cent (15.4).
- Gross margin declined to 13.8 per cent (14.6).
- Adjusted EBITA amounted to SEK 108 million (106). Items affecting comparability totalled a negative SEK 38 million (neg: 5).
- Profit for the quarter amounted to SEK 25 million (45).
- Earnings per share, before and after dilution, totalled SEK 0.37 (0.68).
- Cash flow from operating activities increased to SEK 136 million (58).
September 2014–February 2015
- Net sales for the period rose 11.1 per cent to SEK 4,256 million (3,831). Organic growth in fixed exchange rates amounted to 9.2 per cent (18.7).
- Gross margin declined to 14.0 per cent (14.6).
- Adjusted EBITA amounted to SEK 204 million (203). Items affecting comparability totalled a negative SEK 49 million (neg: 53).
- Profit for the period amounted to SEK 57 million (49).
- Earnings per share, before and after dilution, totalled SEK 0.85 (0.74).
- Cash flow from operating activities amounted to 67 MSEK (162).
- Net debt in relation to adjusted EBITDA in the past 12-month period was 2.4 (3.2).
For additional information, please contact:
Niklas Alm, Head of Investor relations
niklas.alm@dustin.se, +46 708 24 40 88
This information is such that Dustin Group AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on April 22, 2015.
About Dustin Group
Dustin Group is one of the leading Nordic resellers of IT products and additional services to companies, the public sector and private individuals. Having its core business within e-commerce, Dustin functions as a bridge between the manufacturer’s large selection and the customer’s needs where Dustin’s employees help customers find the right solution for their needs.
Dustin Group is a one-stop-shop that offers approximately 200,000 products with associated services, functions and solutions. The operation is conducted in Sweden, Denmark, Norway and Finland. Besides Dustin and Dustin home, the Group also includes Businessforum (Finland) and IT-Hantverkarna (Sweden).
Dustin Group has more than 900 employees. Sales during the 2013/14 financial year amounted to approximately SEK 7.4 billion. About 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium companies. Dustin Group is listed on Nasdaq Stockholm since 2015 and has its head office in Nacka in Stockholm.
