CLX Communications AB (publ): Interim report, January - March 2018
May 18 2018 - 1:30AM
January - March 2018
- Net sales increased by 38 percent to SEK 858.6
million (622.2). Organic growth was 13 percent.
- EBITDA amounted to SEK 53.2 million (70.8).
- EBITDA excluding items affecting
comparability1 (adjusted
EBITDA) amounted to SEK 65.0 million (80.9), corresponding to SEK
1.21 (1.63) per share.
- Operational foreign exchange differences affected
operating profit for the period by SEK -2.0 million (-0.9).
- EBIT amounted to SEK 20.3 million (41.1).
- Profit after tax for the period amounted to SEK
9.2 million (33.4).
- Basic and diluted earnings per share amounted to
SEK 0.17 (0.67).
Significant events during the quarter
- On 27 March, CLX acquired 100 percent of share
capital in Unwire Communication ApS based in Copenhagen, Denmark.
Unwire has about 20 employees. The company is a leading vendor of
cloud communications and messaging services to the Nordic financial
sector. The purchase consideration was DKK 148 million on a cash-
and debt-free basis. The acquisition was financed with expanded
credit facilities of DKK 100 million and cash reserves.
Significant events after the end of the period
- On 4 April, CLX acquired 100 percent of the share
capital in Vehicle Agency LLC, which has about 10 employees and is
based in Seattle, USA. The company specializes in technology and
solutions in personalized video and rich media communications
solutions. The purchase consideration was USD 8 million on a cash-
and debt-free basis, as well as a possible earnout of USD 4
million. The acquisition was financed with cash reserves.
- Thomas Heath was appointed Chief Strategy
Officer, a new role at CLX, on 16 April. The new CSO will also have
overall responsibility for Investor Relations.
- Oscar Werner was appointed President and CEO of
CLX Communications AB on 19 April and will take up the position on
1 September 2018. Johan Hedberg will take a new role as responsible
for business development, focusing on North America.
- Anders Olin, the former COO of the Enterprise
Division, was appointed Managing Director of the Division. Robert
Gerstman, the former Managing Director of the Division and a
co-founder of CLX, will be the Chief Evangelist for the
Division.
-
See the table on page 3 for a specification of
items affecting comparability.
Invitation to report presentation by phone or online
The report will be presented at a phone conference
at 09:00 CET on May 18.
To participate in the presentation by phone, please ring any of the
following numbers and state the code 3345144:
SE: +46 (0) 8 506 539
42
UK: +44 (0) 33 0336 9411
US: +1 929 477 0353
Register here to watch the presentation via
Webcast: https://edge.media-server.com/m6/p/d23sq2jp.
For additional information, please contact:
Thomas Heath, Chief Strategy Officer and Head of
Investor
Relations
+46 72 245 50 55
thomas.heath@clxcommunications.com
Odd Bolin,
CFO +46
70 428 31 73
Forthcoming reporting
dates
Half-year report, January - June
2018
20 July 2018
Interim report, January - September
2018
6 November 2018
AbouCLX
Communications
CLX Communications (CLX) is a leading global vendor of cloud
communications services and solutions for enterprises and mobile
operators. Mobile communications services from CLX make it possible
for enterprises to communicate globally with their customers and
connected devices - IoT (Internet of Things) swiftly, securely and
cost-effectively. CLX Communications' solutions enable business
critical communication worldwide via mobile messaging services
(SMS), voice services, and mobile IoT connectivity services. CLX
has grown profitably since the company was founded. The Group is
headquartered in Stockholm, Sweden, and has a presence in 20+
additional countries. The shares of CLX Communications are listed
on Nasdaq Stockholm: CLX
Note: CLX Communications AB (publ) is required to
publish the information in this interim report pursuant to the EU
market abuse regulation. The information was submitted for
publication on 18 May 2018 at 07:30 CET. This
report is published in Swedish and English. In case of any
differences between the English version and the Swedish original
text, the Swedish version shall apply. This report has not been
subject to review by the company's independent auditor.
2018 Q1 Interim Report
ENG
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: CLX Communications AB (publ) via
Globenewswire
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