Preliminary figures for the first quarter show an increased EBITA of 189 percent compared to the same period last year
April 13 2022 - 8:00AM
Preliminary figures for the first quarter show an increased EBITA
of 189 percent compared to the same period last year
Hexatronic Group AB
(publ)
556168-6360
Press Release
April 13,
2022
Preliminary figures for the first quarter show
an increased EBITA of 189
percent compared to the
same period last year
Hexatronic's sales and earnings during
the first quarter of 2022 are expected to increase sharply due to
strong organic growth, primarily in the US and the UK, in
combination with strong acquisition-driven
growth.Preliminary net sales for the quarter amounted to
approximately 1,388 MSEK (635), which corresponds to 119 percent
growth compared to the same period last year, of which about 70
percent is organic. EBITA for the first quarter is expected to
amount to 184 MSEK (64), which corresponds to 189 percent growth
compared to the same period last year and an EBITA margin of 13.3
percent (10.1).“During the quarter, we have continued to see very
strong demand in basically all our markets. In 2021, extensive
investments were made in capacity, broadened offering, acquisitions
and strengthened organization, which has been a strong contributor
to the result above our expectations in the first quarter of 2022”,
says Henrik Larsson Lyon, CEO of Hexatronic Group.The report for
the first quarter of 2022 will be published as planned on April 29
at 07.00 CET
Gothenburg, April 13, 2022
Henrik Larsson Lyon
CEO Hexatronic Group
For more information, please
contact:
Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34
00
Pernilla Lindén, CFO Hexatronic Group, +46 708 77 58 32
This is information that Hexatronic Group AB 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 14.00 CET on April 13, 2022.
Hexatronic Group AB (publ) is a group that develops, markets and
delivers products, components and system solutions with the main
focus on the fiber optic market. Hexatronic offers a wide range of
innovative system and product solutions mainly for passive fiber
optic infrastructure with global trademarks like Matrix, Viper,
Stingray, Raptor, InOne, Drytech™, Lightmate®, Skyline and Wistom®.
The Group has its headquarters in Gothenburg, Sweden and has sales
offices and/or subsidiaries in Sweden, Norway, Denmark, Finland,
United Kingdom, Germany, Austria, the Netherlands, Italy, Estonia,
Latvia, Lithuania, China, New Zealand, Australia, US and Canada.
The Group is listed on Nasdaq Stockholm under the ticker HTRO. For
more information, visit https://group.hexatronic.com/.
- 2022-04-13 Preliminary figures for the first quarter show an
increased EBITA of 189 percent compared to the same period last
year
Hexatronic Group Ab (LSE:0RDH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hexatronic Group Ab (LSE:0RDH)
Historical Stock Chart
From Jul 2023 to Jul 2024